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Clippers: Owner Steve Ballmer 'duped' by fraudulent company Aspiration
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(Photo credit: Brad Penner-Imagn Images)The Los Angeles Clippers claim owner Steve Ballmer was 'duped' into making investments with the now-bankrupt company at the center of an investigation into alleged salary cap circumvention.
The team released a statement Thursday about its dealings with Aspiration, a sustainability business that Ballmer and the Clippers reportedly invested $118 million in from 2021-23.
Ballmer has said he was defrauded by Aspiration and has denied allegations of circumventing the cap.
The Clippers responded with a lengthy statement about the team's dealings with Aspiration.
'Some of those commitments were built into the sponsorship deal with Aspiration -- totally separate of the investment in the company -- and we made payments to Aspiration until the company was unable to fulfill their responsibilities.
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'steve'
'million'
'clippers'
'fraudulent'
'carbon'
'sustainability'
'nba'
'ballmer'
'owner'
'company'
'torre'
'aspiration']