companiesSteve BallmerThu, Sep 3, 2026, 12:19 AMNegative

NBA Suspends Clippers Owner Steve Ballmer Over Salary Cap Violations

The NBA has suspended Los Angeles Clippers owner Steve Ballmer for one year and stripped the team of five first-round draft picks due to violations of salary cap rules. The league found that the Clippers facilitated sponsorship agreements between outside companies and star player Kawhi Leonard to circumvent the salary cap. Additionally, the team faces a $30 million fine.

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Financial Times8 hours ago

Steve Ballmer banned by NBA over improper payment to basketball star

LA Clippers team funnelled millions of dollars to star Kawhi Leonard to circumvent league salary cap, league investigation finds

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Forbes9 hours ago

Billionaire Clippers Owner Steve Ballmer Suspended 1 Year Over Salary Cap Scandal

Ballmer was suspended for helping former Clipper star Kawhi Leonard secure off-court income.

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Forbes9 hours ago

NBA Drops Hammer On Clippers For Circumventing Salary Cap

The NBA docked the LA Clippers five first-round picks and issued them a $30 million fine for violating salary-cap rules.

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Bloomberg9 hours ago

NBA Suspends Clippers Owner Ballmer After Leonard Salary Probe

The NBA stripped the Los Angeles Clippers of five first-round draft picks and suspended owner Steve Ballmer for one year after finding the team had circumvented salary cap rules by facilitating sponsorship agreements between outside companies and star player Kawhi Leonard. Randall Williams reports on "Bloomberg The Close." (Source: Bloomberg)

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Investing.com9 hours ago

NBA fines Clippers $30M, strips five draft picks over Leonard

NBA fines Clippers $30M, strips five draft picks over Leonard

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