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What is Aspiration, the company behind the Kawhi Leonard deal?

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What is Aspiration, the company behind the Kawhi Leonard deal?


LA Clippers owner Steve Ballmer and the team are under investigation by the NBA following a report that Kawhi Leonard allegedly accepted a $28 million endorsement from a company called Aspiration as a way to circumvent the league’s salary cap.

Ballmer, who had previously invested $50 million in Aspiration, has denied he had knowledge of the deal or that he directed the company to strike one.

Here’s what we know about the now-defunct Aspiration at the center of the accusations.

What was Aspiration and who were its founders?

Harvard alumni Joe Sanberg, an entrepreneur, and Andrei Cherny, a lawyer who worked as a speechwriter for the Clinton administration, co-founded Aspiration Partners in 2013. The company’s mission was to provide “socially-conscious and sustainable banking services and investment products,” according to their archived website from 2019. Their slogan: “Do Well. Do Good.”

Sanberg served on Aspiration’s board of directors and held about 30% of its shares as of September 2021, according to court filings. He was also an early investor in start-ups including Blue Apron. Cherny was Aspiration’s chief executive officer for nearly a decade.

What was Aspiration’s business model?

Think of Aspiration as a digital bank, but environmentally conscious. According to its website, the company claimed to be unlike other banks because customer deposits would “never fund fossil fuel projects like pipelines, oil rigs and coalmines.”

The company’s products included savings accounts and debit cards with cash back from a select number of businesses who were “doing the right thing,” plus an option to plant a tree with every purchase roundup. The company also offered access to investment funds that are “100% fossil fuel free.”

Who were the big-name investors in Aspiration?

U.S. Securities and Exchange Commission filings show that Aspiration drew backers including Robert Downey Jr., Orlando Bloom, Leonardo DiCaprio, now-Milwaukee Bucks coach Doc Rivers and Cindy Crawford and her daughter, Kaia Gerber.

Their corporate partners included the likes of Meta, Microsoft and eventually the LA Clippers.

How are Ballmer, Leonard and the LA Clippers connected to Aspiration?

Last week, podcaster and journalist Pablo Torre reported, citing internal documents, that Ballmer invested $50 million in Aspiration through his personal LLC on Sept. 14, 2021. Ballmer, one of the richest owners in sports and a philanthropist, is known to contribute to climate initiatives.

Also in September 2021, the LA Clippers signed a $300 million deal with Aspiration, making the company the “first founding partner” of the Intuit Dome. The multiyear partnership included a “Planet Protection Fund,” which would allow fans to “offset their own carbon impact whenever they purchase a ticket to cheer on the Clippers,” according to a statement about the partnership at the time.

“Aspiration becoming our first Founding Partner supports the stake we are planting in the ground to make Intuit Dome the most sustainable arena in the world,” Ballmer said in the statement.

In an interview with ESPN’s Ramona Shelburne last week, Ballmer said Aspiration asked him to introduce it to Leonard, which he said happened in November 2021.

According to Torre’s report, Leonard agreed to a four-year, $28 million endorsement deal from Aspiration through his LLC KL2 Aspire in April 2022, nine months after he re-signed with the Clippers. An unnamed employee who purportedly worked for Aspiration told Torre that the payment to Leonard “was to circumvent the salary cap.”

This week Torre, citing more documents, reported that Clippers minority owner Dennis Wong also invested nearly $2 million in Aspiration through a personal LLC in 2022, nine days before Leonard was paid $1.75 million by the company.

According to a report in The Athletic on Friday, which cited legal documents, Ballmer invested an additional $10 million into Aspiration in March 2023 in a funding round that included other previous company investors.

How is the NBA reacting?

The NBA is investigating whether Ballmer and the Clippers violated league rules. Commissioner Adam Silver, speaking at his annual news conference at the conclusion of the league’s board of governors meetings in New York this week, said that the “burden is on the league” to prove wrongdoing and that the league needs to look “at the totality of the evidence” rather than just “mere appearance.”

“Just by the way those words read, I think as a matter of fundamental fairness, I would be reluctant to act if there was sort of a mere appearance of impropriety. … I think that the goal of a full investigation is to find out if there really was impropriety. Also, in a public-facing sport, the public at times reaches conclusions that later turn out to be completely false. I’d want anybody else in the situation Mr. Ballmer is in now, or Kawhi Leonard for that matter, to be treated the same way I would want to be treated if people were making allegations against me.”

Sources told ESPN that while there will be a thorough investigation of the matter by New York-based law firm Wachtell, Lipton, Rosen & Katz, there is no set deadline to find a conclusion.

What happened to Aspiration?

Cherny, co-founder and CEO, departed the company in 2022. In a statement posted on his X account Friday, Cherny said Leonard’s contract was not a “no-show” deal and had “three pages of extensive obligations.” He said he signed the contract in 2022 following “numerous internal conversations about the various things Aspiration was planning to do with Leonard.”

“I can’t speak to what was done or not done after I left — or why,” Cherney said in the statement.

When contacted by ESPN Friday, Cherny said that he had no further comment beyond the statement.

Aspiration filed for bankruptcy in March, with a reported debt of $170 million. When it filed for bankruptcy, the company said it owed the Clippers $30 million, the most out of all its creditors. Aspiration said at the time it owed Leonard’s LLC $7 million.

Last month, Aspiration co-founder Sanberg pleaded guilty to two counts of wire fraud. Federal prosecutors said Sanberg defrauded investors and lenders out of $248 million by fraudulently obtaining loans, falsifying bank and brokerage statements and concealing that he was the source of some revenue booked by the company.

Each of the charges carry a maximum sentence of 20 years in prison.

Ballmer told ESPN he was “embarrassed” that he didn’t detect trouble in reviewing Aspiration’s financial statements and business plans.

“These were guys who committed fraud. Look, they conned me. They conned me,” he said. “I made an investment in these guys thinking it was on the up-and-up, and they conned me at this stage. I have no ability to predict why they might have done anything they did, let alone the specific contract with Kawhi.”



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LeBron James earns record-extending 22nd NBA All-Star Game nod

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LeBron James earns record-extending 22nd NBA All-Star Game nod


NEW YORK — For a 22nd straight year, LeBron James is an All-Star.

The NBA announced its reserves for the Feb. 15 midseason showcase Sunday night on NBC before James and his Los Angeles Lakers faced the New York Knicks at Madison Square Garden. Voting was conducted by the league’s coaches over the past week.

James, 41, was the last player announced, as the league’s oldest player extended his record for both overall and consecutive selections by another season.

“Super humbling,” James said Sunday night, after the Lakers lost to the Knicks 112-100. “The coaches voted, right, so mad respect to the coaches and them seeing the way I’m still playing at this latter stage of my career.

“And to be able to be an All-Star means a lot to my family, people that have been following my career, my LeBron faithful. They’ve been following my journey and it’s always rewarding just from a humbling standpoint to be able to be rewarded for what you put your work into.”

James did not play in last season’s All-Star event because of injury.

“You think about a star player, their prime is their All-NBA, All-Star years,” Lakers coach JJ Redick said. “And you know, he’s basically had a 20-plus-year prime. It’s kind of unheard of. It is unheard of, uncharted, whatever you want to call it. I mean, it’s incredible. It’s a testament to the work that he puts in.”

James was joined on the court Sunday by three other All-Stars: starters Luka Doncic and Jalen Brunson, and fellow reserve selection Karl-Anthony Towns.

“Of course he deserves it,” teammate Doncic said of James. “He’s playing at a top level still at that age. It’s incredible to share the floor with him.”

The reserves named with James were led by Houston Rockets forward Kevin Durant, whose 16th All-Star selection is fourth most of all time — breaking a tie with Hall of Famers Tim Duncan and Kevin Garnett and putting him behind only Kobe Bryant (18), Kareem Abdul-Jabbar (19) and James.

Joining James and Durant as Western Conference reserve selections included a trio of first-time participants — Denver Nuggets guard Jamal Murray, Oklahoma City Thunder forward Chet Holmgren and Portland Trail Blazers forward Deni Avdija — plus Minnesota Timberwolves guard Anthony Edwards (fourth) and Phoenix Suns guard Devin Booker (fifth).

“Multiple 50-point games, multiple 50-point games in the playoffs, let’s see, triple-double in the finals, NBA champion, most wins in the West over the last 10 years, he’s the point guard of that team … in my mind, all those things make sense, except for the one that was missing,” Nuggets coach David Adelman said of Murray.

In the Eastern Conference, Towns — making his sixth All-Star team — was joined by Cleveland Cavaliers guard Donovan Mitchell (seventh), Indiana Pacers forward Pascal Siakam (fourth), Toronto Raptors forward Scottie Barnes (second) and a trio of first-time picks: Detroit Pistons center Jalen Duren, Miami Heat guard Norman Powell and Atlanta Hawks forward Jalen Johnson.

“I believe that he deserves it, and I think probably one of the best compliments you can give him is the fact that he starred in all of his roles that he’s had in his career, and he just continues to get better,” Heat coach Erik Spoelstra said of Powell. “He’s having his best years now after the age of 30.”

Under the NBA’s latest format change for the event — U.S. vs. the World — the 24 All-Star participants will be divided into three eight-player rosters — two featuring Americans, with the third made up of international players. They will each play two 12-minute games, with the two teams with the best record — or the two with the best point differential if they all go 1-1 — facing each other in the championship game.

The All-Star Game will take place at the LA Clippers‘ arena (Intuit Dome) in Inglewood, California. The Clippers were notably absent from Sunday’s announcement; despite going 16-4 over their past 20 games to partially erase a brutal start to the season, the team didn’t have any of its players selected for this year’s event.

Either Clippers star Kawhi Leonard — who since Dec. 20 has led the league in scoring and steals — or Rockets center Alperen Sengun is probably the best candidate to replace Milwaukee‘s Giannis Antetokounmpo, who will sit out the game because of a calf injury. NBA commissioner Adam Silver will pick a replacement for Antetokounmpo, plus any additional players should the need arise.

Other players chosen last month as starters were: Boston‘s Jaylen Brown, Detroit’s Cade Cunningham, Philadelphia‘s Tyrese Maxey, Golden State‘s Stephen Curry, Oklahoma City’s Shai Gilgeous-Alexander, Denver’s Nikola Jokic and San Antonio‘s Victor Wembanyama.

Detroit’s J.B. Bickerstaff will coach one of the All-Star teams. Either San Antonio’s Mitch Johnson or Adelman will coach another — that will be decided by results of games Sunday — and the NBA has not announced how the coach of the third team will be decided.

Bickerstaff earned his nod because the Pistons lead the Eastern Conference. Johnson or Adelman will go by having the best record in the Western Conference among eligible coaches; Oklahoma City’s Mark Daigneault coaches the team with the West’s best record, but he cannot coach the All-Star Game this year because he coached at the event last season.

The Associated Press contributed to this report.



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2026 NBA All-Star: Biggest surprises and snubs as full rosters revealed

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2026 NBA All-Star: Biggest surprises and snubs as full rosters revealed


As the calendar turns to February, the 2026 NBA All-Star Game is just two weeks away. The starters were announced on Jan. 19 and include Luka Doncic, Stephen Curry, Nikola Jokic, Victor Wembanyama and reigning MVP Shai Gilgeous-Alexander in the West. Jalen Brunson, Cade Cunningham, Jaylen Brown, Giannis Antetokounmpo and Tyrese Maxey were named the starters in the East.

The reserves were announced on Sunday, including Los Angeles Lakers star LeBron James and Kevin Durant in the West, as well as Donovan Mitchell and Karl-Anthony Towns in the East.

ESPN NBA Insiders Zach Kram and Kevin Pelton break down the full East and West rosters, including biggest surprises and snubs, and make their bold predictions.

Which player were you most surprised to see on the roster?

Pelton: LeBron James is the clear choice, but seeing Karl-Anthony Towns pop up was surprising given the pessimism over how he’s played this season on top of the Knicks’ recent slump. I think teammate Mikal Bridges has been New York’s second-best player after starter Jalen Brunson. Given Towns’ track record, the choice is certainly reasonable yet surprising nonetheless.

Kram: LeBron. It sounds silly to be surprised that a player who had made the last 21 All-Star games would make it 22 in a row. But given that James missed the first month and that his counting stats are down in his age-41 season, as well as the fierce competition in the Western Conference player pool, it was a surprise that his was the last name unveiled during the All-Star roster announcement.


Which player were you most surprised to see left off?

Pelton: Kawhi Leonard. Unless this is a secret part of the punishment from the NBA’s investigation into Leonard’s endorsement deal with Aspiration, I don’t get it. Leonard has been a top-10 player this season, and following a dreadful start, the LA Clippers have been one of the league’s hottest teams since Christmas. Anthony Edwards was the only West reserve I would have picked over Leonard. If I was taking a multi-time Finals MVP playing in L.A., Leonard was an easy choice over James.

Kram: Alperen Sengun was a first-time All-Star last season, has improved as a defender and has better counting stats across the board this year while helping lead the Houston Rockets to the second-best point differential in the West. New Rocket Kevin Durant was a shoo-in, but I think Sengun should have given Houston a second All-Star representative, even if that meant Devin Booker missed out and the surprising Phoenix Suns didn’t get a single player on the team.


Are we getting close to enough international All-Stars to do a normal USA/World 12 vs. 12 game?

Pelton: We might be closer to even in terms of internationals than East vs. West. Some of the answer depends on how creative the NBA is willing to get with its definition of international. Donovan Mitchell made the case recently to Andscape’s Marc J. Spears that he’d like to represent Panama, where his grandmother was born. If the NBA pushed every possible case like that or Kyrie Irving (born in Australia, though he grew up in the U.S.), they could get to 12 without diluting the meaning of being an All-Star.

Kram: There are almost enough worthy international players to round out a 12-person roster; if that were the framework this season, the eight actual international All-Stars would likely be joined by Sengun, Lauri Markkanen, Franz Wagner (despite a lack of playing time) and Joel Embiid. (Embiid was born in Cameroon but plays for Team USA internationally; the NBA could also choose to slot Towns, who was born in New Jersey but plays for the Dominican Republic, as an international representative.) Josh Giddey, OG Anunoby and Dillon Brooks have outside cases as well.

However, those players largely don’t have better All-Star cases than the ninth-through-12th-best Americans, so I wouldn’t advocate such a consequential change just yet. Let’s see how the format works with three teams (two American, one international) this year before deciding if the NBA should change the All-Star format once again.


Give us one bold prediction for the All-Star Game/mini-tournament.

Pelton: The NBA enjoys a short-term benefit from changing the format. Drafting teams and introducing a target score (aka the “Elam ending”) resulted in more competitive games initially before devolving into the defense-free play we’ve seen since. I could see the international team in particular taking things seriously and forcing their American opponents to up their game. However, I don’t see this or anything else “fixing” the All-Star Game long-term.

Kram: Victor Wembanyama takes MVP honors. Big men rarely win this award at the All-Star game — it’s gone to a guard or wing in 13 of the last 15 years, with Anthony Davis and Giannis Antetokounmpo as the lone exceptions — but Wembanyama is so competitive that he’ll gain an advantage just by taking the event seriously. In his first All-Star game last year, he led his team in scoring (11 points in seven minutes), and he and Chris Paul were disqualified for trying to exploit a loophole in the skills challenge.



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Jude Bellingham in tears after Real Madrid injury, ‘an important loss’

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Jude Bellingham in tears after Real Madrid injury, ‘an important loss’


Coach Álvaro Arbeloa admitted Jude Bellingham is “an important loss” after the midfielder was substituted just 10 minutes into Real Madrid’s 2-1 win over Rayo Vallecano on Sunday. The club confirmed on Sunday evening that the issue was with Bellingham’s left hamstring.

Kylian Mbappé scored a 100th-minute penalty to give Madrid the three points in LaLiga after a tough game which saw Rayo’s Jorge de Frutos level after Vinícius Júnior‘s early goal, before the visitors had two players sent off.

The Bernabéu crowd whistled the team pre-match — and again as they struggled during the second half — after Madrid’s midweek defeat at Benfica in the Champions League.

“We don’t know about Jude yet,” Arbeloa said in his post-match news conference, when asked about Bellingham’s injury.

The England international had gone down clutching his thigh after chasing a ball down the right wing with the game still goalless, and after being consoled by teammates, limped off the pitch, looking visibly upset and wiping away tears, as he was replaced by substitute Brahim Díaz.

“[Bellingham] has made a great effort in every game since I’ve been here,” Arbeloa said. “It’s a very important loss, but we have an extraordinary squad.”

Bellingham will now undergo tests to determine the extent of the problem.

The 22-year-old’s injury could be a major concern for England boss Thomas Tuchel ahead of Wembley friendlies against Uruguay and Japan next month.

Bellingham was one of the players — alongside Vinícius — singled out by some fans with whistles before the game, as their names were announced on the stadium loudspeakers.

Bellingham has had an injury-hit season, missing the early part of the campaign after undergoing shoulder surgery last summer.

Mbappé scores last-gasp penalty as Real Madrid edge Rayo
Mourinho on Benfica-Madrid in UCL: We got the king

“I respect the Bernabéu crowd, and I’ll always ask for their support,” Arbeloa said, when asked about the whistles.

Arbeloa insisted that Madrid hadn’t been fortunate to be given nine minutes of added time at the end of the second half, with their winning penalty being awarded in the 98th minute, and Mbappé scoring two minutes later.

“It could have been more,” Arbeloa said. “Every time visiting teams take a goal kick here, it takes a minute.”

The coach admitted that his team need to be more consistent, after a difficult start to his time in charge.

“I’m not Gandalf the White,” Arbeloa said, referring to the fictional wizard. “What I’m getting is what I wanted from my players: commitment and effort.”

Information from PA was used in this report.



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