Business Insider·3 min read·medium

Clippers owner Steve Ballmer says he has 'sincere regrets' and accepts the NBA's punishment over the Kawhi Leonard scandal

Clippers owner Steve Ballmer says he has 'sincere regrets' and accepts the NBA's punishment over the Kawhi Leonard scandal
AI Summary

Los Angeles Clippers owner Steve Ballmer has accepted NBA-imposed penalties for salary cap circumvention related to Kawhi Leonard's contracts. The sanctions include a one-year ban for Ballmer, a $30 million fine, and the loss of five first-round draft picks.

Why it matters

This represents one of the most significant disciplinary actions in NBA history, highlighting the league's strict enforcement of financial regulations against high-profile owners.

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Clippers owner Steve Ballmer said he and the franchise accept the NBA's punishments for circumventing the salary cap. Katelyn Mulcahy/Getty Images Steve Ballmer is done fighting the NBA over Kawhi Leonard. On Sunday, the Clippers owner said he and the franchise accept the league's punishments. Ballmer received a one-year ban for his involvement in the salary cap circumvention. Steve Ballmer is ready to turn the page on the Los Angeles Clippers' handling of NBA star Kawhi Leonard's contracts. "This has been a very difficult time for everybody associated with the Clippers, and for that, I have sincere regrets," Ballmer said in a statement published on Sunday night. "I want to apologize to our fans, employees, and my fellow NBA team owners for the distraction and distress this matter has caused, for which I accept responsibility as principal owner."

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