The Fraudster Behind Steve Ballmer’s NBA Nightmare

Wall Street Journal – SportsMonday, October 20, 2025 at 1:00:00 AM
NegativeSports
The Fraudster Behind Steve Ballmer’s NBA Nightmare
The recent dealings involving Joe Sanberg and Steve Ballmer, owner of the Los Angeles Clippers, have raised eyebrows in the NBA community. Sanberg's bank managed to secure an investment from Ballmer, but the subsequent deal with the team's star player has left many questioning its logic. A senior executive even remarked that it 'makes no business sense whatsoever.' This situation not only casts a shadow over the Clippers' management but also highlights potential issues in the financial dealings within professional sports.
— Curated by the World Pulse Now AI Editorial System

Was this article worth reading? Share it

Recommended Readings
2 unrealistic Lakers bold predictions for 2025-26 NBA season
NeutralSports
The Los Angeles Lakers are navigating a challenging transition as they approach the 2025-26 NBA season, especially with LeBron James facing health issues like sciatica. This situation highlights the urgency for the team to adapt, given that James is nearing the end of his illustrious career. The predictions made for the upcoming season reflect both the hopes and uncertainties surrounding the team's future, making it a critical period for fans and analysts alike.
Trail Blazers final roster addition before 2025-26 season opener
PositiveSports
The Portland Trail Blazers made significant moves just before the 2025-26 season opener by securing contract extensions for key players Shaedon Sharpe and Toumani Carmara. This is crucial as it solidifies their core team, ensuring stability and continuity as they head into the new season. Fans can look forward to seeing how these players contribute to the team's success.
Warriors’ Draymond Green professes ‘belief’ in Brandin Podziemski’s future
PositiveSports
Draymond Green has expressed strong confidence in Brandin Podziemski, highlighting his potential as a key player for the Golden State Warriors. Podziemski, who was the 19th pick in the 2023 NBA draft, has quickly become an essential part of the team, showcasing his skills and determination. This belief from a seasoned player like Green not only boosts Podziemski's morale but also signals the Warriors' commitment to nurturing young talent as they transition from their championship era.
Thunder’s Mark Daigneault credits Tom Thibodeau’s ‘humility’ after Knicks firing
PositiveSports
Mark Daigneault, the head coach of the Oklahoma City Thunder, recently praised Tom Thibodeau's humility following his firing from the New York Knicks. As Thibodeau observed the Thunder during their preseason, Daigneault reflected on the valuable insights gained from their interactions. This acknowledgment highlights the importance of humility in coaching and the respect that exists among NBA coaches, even in challenging times. It’s a reminder that the basketball community values learning and growth, regardless of the circumstances.
Trail Blazers continue contract spree with $90 million Shaedon Sharpe deal
PositiveSports
The Portland Trail Blazers are making significant moves to secure their future by extending the contract of rising star Shaedon Sharpe for $90 million. This decision follows their earlier commitment to defensive standout Toumani Camara, highlighting the team's focus on building a strong core ahead of the regular season. Such investments are crucial as they aim to enhance their competitiveness in the NBA, signaling a proactive approach to team development.
Nets waive Kobe Bufkin, finalize opening-night roster
NegativeSports
The Brooklyn Nets made a surprising decision by waiving Kobe Bufkin, a promising third-year guard they recently acquired from the Atlanta Hawks. Bufkin, who was the 15th overall pick in the 2023 NBA Draft, showed potential during the preseason, averaging 7.0 points and 2.5 rebounds in limited minutes. This move raises questions about the team's strategy and roster depth as they head into the regular season, making it a significant moment for both Bufkin and the Nets.
From oops to aahs, Jaxson Hayes and Lakers work to catch more of Luka Doncic's passes
PositiveSports
Jaxson Hayes of the Lakers is building a strong connection with Luka Doncic, as they work together to improve their on-court chemistry. This partnership is not just about the NBA; Hayes is also aiming to join Doncic on the Slovenian national team, which could enhance his skills and experience. This collaboration is exciting for fans, as it showcases the potential for teamwork and growth in the sport.
Michael Scotto: Haywood Highsmith’s strong veteran …
PositiveSports
Michael Scotto highlights Haywood Highsmith's impressive performance as a veteran player, showcasing his skills and contributions to the team. This matters because Highsmith's experience can significantly impact the team's dynamics and success in the league, especially as they navigate through challenging matches.
Latest from Sports
Bieber to start Game 7 of ALCS for Blue Jays
PositiveSports
Shane Bieber is set to start Game 7 of the American League Championship Series for the Toronto Blue Jays, showcasing the team's confidence in his abilities. This decision highlights the importance of his role in the playoffs and could be a pivotal moment for the franchise as they aim for a championship.
Dear Cyril
PositiveSports
A heartwarming letter from a five-year-old Jack to his hero, Cyril Rioli, has surfaced, showcasing the innocence and admiration of youth. This touching moment, organized by Jack's grandpa Ray, highlights the impact of role models in children's lives and the lasting memories created through such encounters. It's a reminder of the joy and inspiration that sports figures can bring to young fans.
Injured Fred Warner’s gesture after 49ers’ SNF win will earn him more fans
PositiveSports
In a heartwarming display of team spirit, injured linebacker Fred Warner attended the San Francisco 49ers' recent victory over the Atlanta Falcons, showcasing his dedication to the team despite being sidelined with an ankle injury. This gesture not only highlights Warner's commitment but also resonates with fans, reinforcing the bond between players and supporters. His presence at Levi's Stadium during the game serves as a reminder of the importance of teamwork and resilience, making him an even more beloved figure among 49ers fans.
Giants’ Brian Daboll breaks silence on Shane Bowen moment after brutal loss to Broncos
NegativeSports
The New York Giants faced a devastating loss against the Denver Broncos, blowing a 19-0 lead and ultimately losing 33-32 after a shocking fourth-quarter performance by Denver. Head coach Brian Daboll's frustration was evident as he was seen yelling at defensive coordinator Shane Bowen during the game. This moment highlights the intense pressure on the Giants' coaching staff and raises questions about the team's ability to maintain leads, which is crucial for their season's success.
Cowboys got a glimpse of how explosive they can be with CeeDee Lamb, George Pickens. Is it sustainable?
PositiveSports
The Dallas Cowboys are showcasing an exciting offensive potential with their standout wide receiver duo, CeeDee Lamb and George Pickens. Dak Prescott has praised this pairing as the best he's had in Dallas, raising hopes for a dynamic season ahead. However, the real test will come in the following weeks as the team faces challenges that will determine if this explosive combination can be sustained. The decision by Jerry Jones on whether to invest in keeping this duo together could significantly impact the team's future.
49ers' Christian McCaffrey earns jacket vs. Falcons on newly-created 'National Running Backs Day'
PositiveSports
Christian McCaffrey had an outstanding performance on Sunday Night Football, earning a special jacket in honor of the newly established 'National Running Backs Day.' This recognition not only highlights McCaffrey's skills but also brings attention to the vital role running backs play in football, celebrating their contributions to the game.