The Athletic reporter Pablo Torre broke the news on the podcast program "Pablo Torre Finds Out" that there is a Yin-Yang contract between Clippers star Leonard and boss Ballmer to evade the salary cap.
He got the details of the contract between Leonard and Aspiration, an environmental company dedicated to carbon neutrality. Judging from the contract, Leonard only has rights and almost no obligations in the cooperation between the two parties.
Related links→TA reporter revealed that Ballmer & small card signed a Yin-Yang contract to avoid the salary cap Xiaoka got 28 million extra out of thin air
Reporter: "What's even more outrageous is that when you carefully sort out this agreement, you will find that this $28 million agreement, an agreement that he does not have to do at all, has a clear design logic. I am not an expert, but the terms of the agreement seem to show that from a legal perspective, he actually has no obligations that must be fulfilled at all."
The company's anonymous employee: "He doesn't have to do anything. There are exemptions in every key KPI, so these terms are not considered real KPIs at all. It means that if you think something does not conform to your philosophy, or the requirements are too high, or you don't want to post on social media or wear our clothes, just say it to us; you don't even have to tell us, and it's okay not to do it directly."
Reporter: "Agree Article 3.2 'KL2 Aspire In the obligations of a limited liability company’ (Leonard’s obligations), Section 3.2.4 provides that, ‘If Leonard considers that any conduct required by the company under Section 3.2 (which covers all obligations he should have fulfilled) does not conform to its philosophy, KL2 Aspire may refuse to perform the act. ’And the following paragraph 3.2.5 stipulates that ‘KL2 has exclusive control and approval rights for all content that contains the athlete's endorsement content or intellectual property (IP) authorized by Leonard, whether for commercial, non-commercial or legal purposes. ’”
Anonymous employee: “No one within Aspiration has this veto power except Leonard.” ”
Revelation reporter: “That is, your analysis shows that here The power relationship is actually the opposite? "
Anonymous employee: "That's right."
Revelation reporter: "In other words, what Leonard got from Aspiration was a $28 million job - he could get money without doing anything."
"He did nothing, he really did nothing. As far as we know, my source has confirmed this, and six other former employees I interviewed have confirmed it. He did nothing, but he did not breach the contract at all."
source:7m vn1