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NBA commissioner Adam Silver, team owners to meet amid Clippers investigation https://ift.tt/B8jOxrc NBA Commissioner Adam Silver and team owners are convening today in New York for a regular board of governors meeting, a session now overshadowed by an ongoing investigation into the LA Clippers and star player Kawhi Leonard. The league is reportedly examining whether the Clippers circumvented salary cap rules through an association with Aspiration, an environmental sustainability company. Reports indicate Aspiration signed Leonard to a $28 million sponsorship deal in 2022, which allegedly involved no public promotion from the player, and a $20 million equity stake. This comes as Clippers owner Steve Ballmer made a $50 million investment in Aspiration in 2021, the same year the team announced a $300 million arena sponsorship with the company. Aspiration's co-founder, Joseph Sanberg, has since been arrested and is facing charges for defrauding investors, with the company also filing for bankruptcy. The NBA launched its formal investigation last week, seeking to determine if any violations occurred. Commissioner Silver, addressing past instances of salary cap manipulation, has stated the league possesses the authority and willingness to respond forcefully to significant breaches, akin to punishments meted out decades ago. While the investigation's timeline is uncertain, potentially mirroring the 10-month probe into former Suns owner Robert Sarver, the outcome could carry substantial implications for the Clippers. Beyond this controversy, owners will also discuss potential league expansion and the exploration of a European basketball league, though the current investigation remains the most pressing concern. If you like our content, don't forget to like and subscribe to our channel, NEWS TODAY. https://www.nytimes.com