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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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Cristiano Ronaldo’s race to 1,000 goals: When will he reach that remarkable number?

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Cristiano Ronaldo’s race to 1,000 goals: When will he reach that remarkable number?


Cristiano Ronaldo is hurtling toward the magical figure of 1,000 career goals and it seems a case of when, rather than if, the Portugal and Al-Nassr forward takes his tally into four figures.

Ronaldo is now at 950 goals, having tallied in Saturday’s 2-0 win at Al Hazm. He signed a new two-year contract with Saudi Pro League team Al-Nassr in June, taking him to the end of the 2026-27 season with the Riyadh-based club.

Only a lengthy injury could deny the 40-year-old his 1,000th goal during that period. But with Ronaldo still scoring at a rate of almost a goal per game for Al-Nassr, we’ve crunched the numbers and can now predict (thanks to the help of ESPN’s Global Sports Research) that Ronaldo — injuries aside — will score his 1,000th goal before the end of 2026, with the former Manchester United, Real Madrid and Juventus star most likely to do it in late November or early December of 2026.

How can we be so certain? Well, there are few things (if any) in football that can be bracketed as sure, but Ronaldo hitting the back of the net for club and country has proved to be one of the most reliable and predictable outcomes since he scored the first of his 950 goals to date as a 17-year-old for Sporting CP in a 3-0 win against Moreirense in Lisbon on Oct 7, 2002.

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Twenty-three years later, Ronaldo is 39 goals ahead of Lionel Messi as the most prolific men’s international scorer with 143 goals — his most recent additions being both goals in Portugal’s 2-1 World Cup qualification victory against Hungary earlier this month — and few would bet against him reaching another big mark, 150 international goals, during the 2026 FIFA Men’s World Cup next summer.

Having just signed a new three-year contract with Inter Miami that will tie him to the MLS side until the end of the 2028 season, Messi may also break the 1,000-goal barrier before hanging up his boots. The 38-year-old has 889 career goals for Barcelona, Paris-Saint Germain, Inter Miami and Argentina, but with Ronaldo being 60 goals ahead, does anybody really expect him to call it quits before he beats Messi to the 1,000 mark? The answer to that — an emphatic no — is another certainty.

Since making his debut for Sporting as a substitute in a 0-0 Champions League qualifying-round tie against Inter Milan in Aug 2002, Ronaldo has scored 950 goals in 1,293 games, giving him a career goals ratio of 0.73 per game. As previously noted, Messi is the only threat — albeit a distant one — to hitting 1,000 career goals before Ronaldo, but could Erling Haaland, Kylian Mbappé and Lamine Yamal eclipse whatever figure Ronaldo reaches in the years to come?

Yamal, 18, has the luxury of having time on his side, but with just 33 goals in 137 games at a rate of 0.24 goals per game, the Barcelona and Spain forward would need another two decades or more if he were to emulate Ronaldo. Haaland (0.84 goals per game) and Mbappé (0.74) both have a better goals ratio than Ronaldo with 324 and 396 career goals respectively, but if you ask the two players right now whether they are prepared to play beyond their 40th birthday to catch the Portugal star, it feels like a tall order for the 25-year-old Manchester City forward and Real Madrid’s 26-year-old superstar respectively.

The incredible thing about Ronaldo is that he is now scoring at an even more impressive rate than his career ratio, with his most recent 100 goals for club and country being scored at 0.92 per 90 minutes and his past 50 goals at 0.93 per 90 minutes.

Clearly, by taking his talents to the Saudi Pro League and AFC Champions League, Ronaldo is now operating at a less demanding standard than throughout a career played at the highest level in Europe’s top leagues. It probably explains why it has taken him just 57 games for Al-Nassr and Portugal to go from 900 goals to 950, but nonetheless, he has still scored more Pro League goals this season than Karim Benzema, Darwin Núñez, Ivan Toney and Kingsley Coman.

On the basis that he continues to score at a prolific rate for Al-Nassr and is also as reliable as ever for his country, ESPN’s projection is that Ronaldo is on course to hit 1,000 goals in 13 months’ time. That was the timeframe within which he scored his past 50 goals; throwing it forward, another 13 months will give Ronaldo approximately 54-64 games to score his next 50 goals.

A deep run in the AFC Champions League with Al-Nassr and a similarly successful World Cup with Portugal next summer would only give Ronaldo more opportunities to edge closer to 1,000 goals. But right now, if you want a date for the diary to celebrate Cristiano Ronaldo’s 1,000th career goal, keep it clear in late November and early December next year.



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Louisiana governor asserts control over LSU’s football coaching search after Brian Kelly’s dismissal

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Louisiana governor asserts control over LSU’s football coaching search after Brian Kelly’s dismissal


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Louisiana Gov. Jeff Landry declared Wednesday that LSU athletic director Scott Woodward would be stripped of his authority in the school’s search for its next head football coach.

LSU is pursuing a new football coach after deciding this week to part ways with Brian Kelly. Woodward announced Kelly’s departure Sunday, one day after the Tigers’ 49-25 loss to Texas A&M. 

Kelly left Notre Dame after the 2021 season and spent fewer than four full seasons in Baton Rouge.

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“We had high hopes that he would lead us to multiple SEC and national championships during his time in Baton Rouge,” Woodward said in the announcement. “Ultimately, the success at the level that LSU demands simply did not materialize, and I made the decision to make a change after last night’s game.”

LSU continues to finalize Kelly’s $54 million buyout, a figure that Landry has criticized.

Louisiana Gov. Jeff Landry said Wednesday that LSU athletic director Scott Woodward would be stripped of his authority in the school’s search for its next head football coach. (Win McNamee/Getty Images)

“We are not going down a failed path,” Landry said Wednesday during a news conference. “The guy that’s here now that wrote that contract cost Texas A&M $77 million. Right now, we’ve got a $53 million liability. We are not doing that again.”

The $77 million figure Landry mentioned was a reference to former Texas A&M coach Jimbo Fisher, whom Woodward hired and whose contract negotiations he oversaw. According to multiple reports, private donors could be tapped to cover some of the costs of Kelly’s buyout, which could be further offset if Kelly lands another coaching job. 

Woodward has served as LSU’s athletic director since 2019. The school paid Ed Orgeron a buyout of more than $17 million after his dismissal in 2021.

Brian Kelly talks Scott Woodward

LSU football head coach Brian Kelly, right, talks with LSU athletic director Scott Woodward before a game at Williams-Brice Stadium in Columbia, S.C. (LSU Athletics/University Images via Getty Images)

“No. I can tell you right now, Scott Woodward is not selecting the next coach,” Landry said. “I’ll let [President] Donald Trump select him before I let him do it.”

‘FORCE THEM TO TURN DOWN $15M’: THE 4 CALLS LSU WILL MAKE FOR ITS NEXT HEAD COACH

The Republican governor added, “The Board of Supervisors are going to come up with a committee, and they’re going to find us a coach.” 

Members of the board are appointed by the governor.

Fox News Digital contacted the LSU athletic department for comment but did not receive an immediate response.

Brian Kelly stares off into space

LSU head coach Brian Kelly stands on the sideline during a game against Vanderbilt Oct. 18 in Nashville. (AP Photo/George Walker IV)

Landry made it clear the Tigers’ next coach would be “compensated properly.” He did, however, call for placing “metrics” on the deal.

“I’m tired of rewarding failure in this country,” the governor said.

Landry also confirmed that he participated in talks about a coaching change leading up to Kelly’s removal.

“My role is about the fiscal effect of firing a coach under a terrible contract,” he said Wednesday. “All I care about is what the taxpayers are going to be on the hook for.”

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Despite LSU’s efforts to boost funding to pay transfer portal players, Kelly largely failed to meet expectations of competing for a national championship.

LSU is on a bye week; Alabama hosts the Tigers Nov. 8.

Follow Fox News Digital’s sports coverage on X, and subscribe to the Fox News Sports Huddle newsletter.





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Why everyone is talking about Bayern Munich’s Lennart Karl, 17

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Why everyone is talking about Bayern Munich’s Lennart Karl, 17


Bayern Munich have started the 2025-26 season with 13 consecutive wins to equal the record set by AC Milan in 1992-93 across the five major European leagues. And they’ve done so without star midfielder Jamal Musiala, who broke his leg at the Club World Cup over the summer and will miss most of the campaign.

But they’ve also announced the next wonderkid on the European scene, as 17-year-old midfielder Lennart Karl has taken the world by storm to score twice in a week. Indeed, Karl has gone from rising star to regular first-team contributor at Bayern in only a matter of months, during which time he became the club’s youngest-ever Champions League goal scorer when he netted against Club Brugge.

He first joined Bayern academy at age 12, after formative spells at Viktoria Aschaffenburg and Eintracht Frankfurt, but he raced through multiple youth groups within three years, made his bow for the senior team and signed a professional contract that runs until the end of 2028 (with a reported automatic option to extend it longer on his 18th birthday, Feb. 22, 2026)

A long-term prodigy within Germany’s youth national teams, Karl’s development has been both anticipated and carefully managed. Despite having only featured up to Under-17 level so far, his impact there has been emphatic, with seven goals in 13 outings, and he is often used as the creative lynchpin of a talented generation.

The goal for Bayern against Brugge put him on the map as one of Germany’s most promising young prospects, and he continues to impress when given a chance to shine.

His game fits the concept of the modern Bayern attacking midfielder perfectly. Quick, direct, tactically flexible and technically superb, Karl has all the tools at his disposal and scored his first Bundesliga goal against Borussia Mönchengladbach at the weekend.

Position

Though generally comfortable in any role behind the central striker — including as a No. 10 — Karl is most effective as a right-sided playmaker who drifts inside onto his stronger left foot.

Excellent at playing between the defensive lines, his low center of gravity — he measures at just under 5-foot-6 — gives him the balance and agility to navigate short spaces. Meanwhile, an explosive first step makes him elusive in crowded areas, often allowing him to slip away from defenders before they’ve had the chance to get settled.

While predominantly right sided, Karl’s versatility is also a significant plus. He can operate centrally as a linking midfielder, or push wider to create overloads, showing the spatial awareness and timing to adjust as the game develops.

His ability to receive the ball on the half-turn and connect quickly his teammates has also successfully translated to senior level.

Strengths

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Bayern’s 17-year-old Lennart Karl scores a beauty for his first Bundesliga goal

Bayern’s 17-year-old Lennart Karl scores a beauty for his first Bundesliga goal to pad the lead against Borussia Monchengladbach.

Arguably, Karl’s most distinctive feature is his ball progression at pace. He manages physical contact well for his size, handles the ball neatly in tight areas and accelerates quickly away from pressure. His rapid changes of direction often open up space that he can exploit with disguised passes, give-and-go combinations, or early crosses. All of which are skills that make him hard to defend against.

Karl has also demonstrated that his build-up capabilities can be turned into end product. Across his U17 and U19 seasons at Bayern, Karl produced more than 30 goals and 10 assists, which are excellent figures for a teenager operating largely from wide or advanced midfield areas.

Those numbers match well with what scouts consistently praise: his direct, purposeful runs into the box, a confident shooting technique and an instinct for striking the ball early before defenders have time to react.

Even with only a handful of senior appearances under his belt, Karl’s decision making in the final third is mature for his age. He often receives the ball cleanly, generally releases at the right moment and shows composure under pressure. Moreover, there a clear tactical imprint from Bayern’s coaching at “The Campus” academy to his game: a preference for short, quick exchanges around the area, but also the vision to attack space when defenders step up too high.

Technically, Karl is very well equipped and thrives in combinational play, yet he also carries enough individual flair to create moments on his own. His first touch sets up his next move and his body orientation when receiving possession allows him to open up multiple passing angles.

While not a natural playmaker in the classical sense, his creative instincts — especially on cutbacks and disguised through balls — make him a valuable “connector” between midfield and attack.

While Karl isn’t physically imposing, he does compensate to a certain degree with remarkable balance and coordination. Early signs have shown that he can deal with challenges, regain his footing and keep the ball alive under contact, which are pre-requisites for someone entering the physical intensity of top-flight football. Furthermore, his intensity also matches Bayern’s brand of possession-dominant, attacking football.

Things to work on

Karl’s next steps mostly revolve around consistency and robustness. While his technical base is already outstanding, sustaining intensity across full matches — particularly off the ball — remains an obvious area to work on.

Applying himself in the counter-press, tracking runners and maintaining compact defensive shape are also learning points and should come with maturity and physical development.

Some habits from youth football will need refining too. Against academy opponents, Karl could often beat one extra defender and still find a way to take a shot; at senior level, however, the right choice may be an early one-two pass or finding the overlapping right back. And while the speed of his decision making is good, exploiting the split-second “execution window” against experienced defenders is likely to be a key area to improve.

Bayern’s head coach Vincent Kompany has publicly urged calm by stressing patience over premature expectations. That balance suits Karl’s personality well, as he’s grounded and receptive to feedback, aided by the presence of his agent and mentor — former Germany captain Michael Ballack — who advises him on his career and on developing the defensive side of his game.

In quotes

“Lennart considers Martin Ödegaard as a role model, and I really do see parallels. But he’s also a bit like Arjen Robben and Michael Olise – players who like to cut inside and finish.” — Bayern youth coach Patrick Kaniuth

“I’m not a fan of hype, and now he will be getting some of that. I’m a fan of training and calm … Everyone knows he can score goals and if he keeps going like this, he’ll get a chance and maybe at the right time he’ll need a bit of calm.” — Bayern Munich boss Vincent Kompany

“As a young player, you don’t have pressure. I want Lennart to feel that too. He has to enjoy what he’s doing. If he makes mistakes, we’ll discuss it. Hopefully, at some point, the pressure will be on his shoulders. But for now he should enjoy these moments without any pressure.” — Kompany

“He’s a fantastic player. He’s not afraid to dribble. He just has to keep working hard, and he’ll have a great future ahead of him.” — Bayern teammate Harry Kane

“I really want to establish myself here at Bayern … I always want to play and prove myself, whether it’s with the first team, the U19s or the U17s. I intend to always give my all in order to continue to develop.” — Lennart Karl

What’s next?

Bayern’s stated progression plan for Karl is sensible: they want to avoid external noise and ensure his gradual exposure to senior football. After all, pre-season minutes have turned into real matchday opportunities, which is already an encouraging sign at a club where young attackers often wait longer for opportunities.

In the short term, Bayern seem intent on rotating Karl through multiple attacking roles: as a right-sided inside-forward, a narrow No. 10, and occasionally a left-sided option to encourage his two-footed development. Each role offers a different challenge, but will help refining abilities such as acceleration, composure, flexibility, game intelligence and creative risk-taking.

His continued involvement with Germany’s youth teams is also expected and a U21 call-up seems a logical next step in November. Though at this rate a senior call-up (perhaps even for the summer’s World Cup?) should not be ruled out either.



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