Los Angeles Clippers owner Steve Ballmer apologized on September 14, 2026, and accepted a $30 million fine from the NBA for salary cap circumvention. The scheme involved funneling money to star player Kawhi Leonard; Leonard was subsequently traded to the Toronto Raptors.
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NBA’s Richest Owner Steve Ballmer Accepts Record $30M Clippers Fine Steve Ballmer, owner of the Los Angeles Clippers and the wealthiest figure in the league with a net worth of $145 billion, has chosen not to contest the NBA sanctions imposed on the club for circumventing the salary cap and will refrain from any legal action. The $30 million fine levied on the Cli... # LosAngelesClippers # NBA htt
Steve Ballmer, the owner of the Los Angeles Clippers, has issued an apology and accepted the penalties imposed by the NBA. The team is facing a hefty thirty million dollar fine and will lose five draft picks as a result of the investigation. Ballmer expressed his regret for the turmoil caused and confirmed their commitment to league regulations while focusing on strengthening both the team and the
Billionaire owner Steve Ballmer has apologized for his role in an effort by the Los Angeles Clippers to circumvent the NBA's salary cap by funneling money to star player Kawhi Leonard through endorsement opportunities. "This has been a very difficult time for everybody associated with the Clippers, and for that, I have sincere regrets," Ballmer...