Clippers be cheating

[SoberasHotRod]

They were a sponsor of the Clippers, IIRC they were actually the jersey sponsor for the Clippers. So if Kawhi is on the Clippers (and thus the team is better w/more attention), the value the scam tree company gets from their sponsorship is greater.

Kawhi being on the Lakers is worth $27Million extra to the sponsors?

If the sponsors were really fraudulent, wouldn't they want to make as much money as possible? Not give it away?

I know this is the super fishy part, but I just don't know how Ballmer/Clippers can get away with this explanation, unless I'm missing something.

 

[KqWIN]

Kawhi being on the Lakers is worth $27Million extra to the sponsors?

If the sponsors were really fraudulent, wouldn't they want to make as much money as possible? Not give it away?

I know this is the super fishy part, but I just don't know how Ballmer/Clippers can get away with this explanation, unless I'm missing something.

Clippers....but yeah that's the argument. For Cuban's argument to hold true, scam tree company would have to determine that their sponsorship is worth>$48M (that's the new figure) greater with Kawhi on the Clips so they give Kawhi $48M to do nothing besides play for the Clippers. And maybe that is plausible, Kawhi brings in a lot of value I'm sure. But to say that Ballmer has no involvement or knowledge of this, despite giving scam tree company $50M and the whistleblowers (7 employees who outed the scam company as a scam) indicating that they knew Ballmer was involved, is the part that seems highly implausible.

And if there is no wrongdoing here....what are the implications? Any team can receive money from an NBA owner and create a contract with players that requires them to play for certain team?

 

[David Hume]

I watched the Cuban-Torre follow up. Both agree that Leonard was paid by scam tree company to play for the Clippers. The disagreement comes from whether or not Ballmer and the Clippers knew about it and the extent of their involvement. Cuban says scam tree company circumvented the cap on their own to increase the value of their sponsorship and Ballmer had no idea about this despite investing in the company. Cuban's argument is basically, "Ballmer isn't that dumb, if he were to do it he wouldn't do it this way". Torre says of course he freaking knows about it and through his investigative reporting says that the (innocent) employees knew the were involved in some kind of scheme with the Clippers.

The irony of this situation is that Ballmer has already been fined for doing something similar with Deandre Jordan, where Cuban and the Mavs were the victims lol.

Seems kind of insane that any shell company can pay any player X amount of money and nothing happens if the team says "we didn't know about it". Even more insane if that shell company is a direct partner of said team and the team owner is giving that company money. So if LVT pays a player $50M to play for the Jazz and Ryan Smith gives them $50M, it's ok as long as Ryan Smith pleads ignorance and says he doesn't know what's going on?

Astute analysis, my esteemed colleague.

 

[KqWIN]

Cuban's defense is also Ballmer's defense. So best case scenario for Ballmer: he gave a company $50M, they gave that money to Kawhi without his knowledge, and the reason they give Kawhi money is because they are also invested in the success of the team because they are sponsors. He is the victim in this whole situation by the way. That $50M went to a company that just happened to give Kawhi $50M to play for his team. Really unfortunate return on investment for him.

IDK about you guys, but it seems completely fked up that you can just say "I didn't know about it" and go on like usual.

"These were guys who committed fraud. Look, they conned me. They conned me. 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."Steve Ballmer on since-bankrupt Aspiration

Ballmer: Clips 'always done right thing' with Kawhi

Clippers owner Steve Ballmer told ESPN that he would "want the league to investigate" if another owner and another team were accused of circumventing the NBA's salary cap, as the Clippers were in a podcast by Pablo Torre on Wednesday.

www.espn.com.au

 

[TheGoldStandard]

Cuban's defense is also Ballmer's defense. So best case scenario for Ballmer: he gave a company $50M, they gave that money to Kawhi without his knowledge, and the reason they give Kawhi money is because they are also invested in the success of the team because they are sponsors. He is the victim in this whole situation by the way. That $50M went to a company that just happened to give Kawhi $50M to play for his team. Really unfortunate return on investment for him.

IDK about you guys, but it seems completely fked up that you can just say "I didn't know about it" and go on like usual.

Ballmer: Clips 'always done right thing' with Kawhi

Clippers owner Steve Ballmer told ESPN that he would "want the league to investigate" if another owner and another team were accused of circumventing the NBA's salary cap, as the Clippers were in a podcast by Pablo Torre on Wednesday.

www.espn.com.au

Especially when there are a number of employees that evidently reported that they money for Kawhi was to get around the salary cap limitations. I can't see any situation where a company would give Kawhi that much money to be with the Clippers except the Clippers.

Sure the CEO committed fraud, and Ballmer is trying to change to the focus to that, but they started as a legitimate company, and him trying to move the focus is very telling to me.

 

[KqWIN]

Especially when there are a number of employees that evidently reported that they money for Kawhi was to get around the salary cap limitations. I can't see any situation where a company would give Kawhi that much money to be with the Clippers except the Clippers.

Sure the CEO committed fraud, and Ballmer is trying to change to the focus to that, but they started as a legitimate company, and him trying to move the focus is very telling to me.

Yeah, IMO it doesn't matter if the company was a fraud company or not. It does seem like Ballmer is trying to deflect attention away and play victim. In reality, the issue is that he gave money to a company (fraud or not) and that company gave money to Kawhi to play for the Clippers. Had the tree company been legitimate it would not change my stance on this at all. You shouldn't be allowed to be invested in a company that can pay a player directly to play for your team.

 

[TheGoldStandard]

Yeah, IMO it doesn't matter if the company was a fraud company or not. It does seem like Ballmer is trying to deflect attention away and play victim. In reality, the issue is that he gave money to a company (fraud or not) and that company gave money to Kawhi to play for the Clippers. Had the tree company been legitimate it would not change my stance on this at all. You shouldn't be allowed to be invested in a company that can pay a player directly to play for your team.

It is one thing to help a player get legitimate sponsorships or even involved in arms'-length business opportunities vs. paying someone that much to do nothing.

If there are related party transactions, there should be safe guards, diligence, compensation studies, etc., to ensure the transaction is legitimate.