Submitted 1 week ago by silberblueaxt@feddit.org to nba@lemmy.world
https://www.espn.com/nba/story/_/id/49806356/nba-announces-punishments-clippers-kawhi-probe
The NBA on Wednesday announced severe punishments for the LA Clippers-- including the loss of five future first-round draft picks, a fine of $30 million and a yearlong suspension of owner Steve Ballmer – for violating salary cap circumvention rules in a case involving star Kawhi Leonard.
Oh wow…guess they figured this scandal was too big to hide, even for the richest owner.
it’s not that it was too big to hide, the reason this happened is the other 29 owners don’t actually want to give players any more money, which they would have to do if Ballmer received no punishment and kept circumventing the cap.
They did it the smart way. By giving Kawhi only a slap on the wrist, the player’s union accepted the punishment and now Ballmer can’t take it to arbitration without them.
AlternatePersonMan@lemmy.world 1 week ago
It’s late so my math is probably broken, but… Steve Ballmer is worth about $150 billion. A fine of $30 million is roughly 1/5000 of his wealth.
For comparison, if you’re worth $100k… That’s the equivalent of a $20 fine.
There are no good billionaires.
Kyle@lemdro.id 1 week ago
While you are 1000% correct…I bet an actual $20 fine would drive most billionaires into a violent rage