Fri, 4 Sep 2026

Markets

DJIA 44,210.31 +0.42% S&P 500 6,204.88 +0.31% NASDAQ 20,398.05 -0.18% RUSSELL 2000 2,271.14 +0.55% FTSE 100 8,786.20 -0.09% DAX 24,120.40 +0.26% NIKKEI 225 39,986.30 +1.02% HANG SENG 24,072.30 -0.44% US 10-YR 4.281% -0.03 CRUDE OIL $67.41 +0.68% GOLD $3,342.10 +0.21% BTC $61,845 -1.12% EUR/USD 1.1782 +0.14% DJIA 44,210.31 +0.42% S&P 500 6,204.88 +0.31% NASDAQ 20,398.05 -0.18% RUSSELL 2000 2,271.14 +0.55% FTSE 100 8,786.20 -0.09% DAX 24,120.40 +0.26% NIKKEI 225 39,986.30 +1.02% HANG SENG 24,072.30 -0.44% US 10-YR 4.281% -0.03 CRUDE OIL $67.41 +0.68% GOLD $3,342.10 +0.21% BTC $61,845 -1.12% EUR/USD 1.1782 +0.14%

You are here: Home
/
Technology
/
Steve Ballmer got suspended by the NBA because of...

Steve Ballmer got suspended by the NBA because of a podcast and a jumbotron corruption scandal

Richard Lawler Technology 03 Sep, 2026 Americas

Last September, Steve Ballmer insisted in an ESPN interview that the Clippers weren't involved in a shady-looking $28 million endorsement deal for his star player, Kawhi Leonard, that involved no actual endorsing. Now, the former Microsoft CEO has been suspended by the NBA for a year, while the leag...

INGLEWOOD, CA - JULY 19: A view of Halo Board inside the Intuit Dome, the Los Angeles Clippers new arena, during a press preview on July 19, 2024 in Inglewood, California. (Photo by Jevone Moore/Icon Sportswire via Getty Images) | Icon Sportswire via Getty Images

Last September, Steve Ballmer insisted in an ESPN interview that the Clippers weren't involved in a shady-looking $28 million endorsement deal for his star player, Kawhi Leonard, that involved no actual endorsing. Now, the former Microsoft CEO has been suspended by the NBA for a year, while the league says his team will forfeit five future draft picks and pay a $30 million fine, among other penalties.

A year later, an NBA-commissioned 35-page report by Wachtell, Lipton, Rosen & Katz is basically calling him a liar, saying those claims were "inaccurate (at best) with respect to Mr. Ballmer" and "clearly false" when it came to Clippers presi …

Read the full story at The Verge.