Pablo Torre
๐ค SpeakerAppearances Over Time
Podcast Appearances
There's really no wiggle room around the clarity of what he says.
He says he's never seen anything related to an engagement with the Clippers.
He says that as well, or Kawhi Leonard.
And then...
I get the contract, the actual contract for the $300 million founding sponsorship deal that the Clippers signed with Aspiration.
And it says right there in the writing of it that these deals must be expressly approved and submitted to the NBA.
And so in front of a stage earlier this week, Dan Roberts, the front office sports, asks Adam Silver about this thing I had just tweeted out.
And then you get this statement, which if you go and watch the video,
It does not, I think, fit into a plausible interpretation of what he had said before.
So the question then is, why did Adam Silver say the first thing when he said it?
Why wasn't he actually aligned with what he says the second time?
These are important questions speaking to the credibility of how a league is governed, let alone the fact, by the way, that this whole company was seemingly vetted
by apparently no one, including and I want to make this point again, and it's a serious one to some extent.
The reason why fraudsters keep on using sports is because they expect that if you're up in the signage of an arena, if you're a founding sponsor, if you have the naming rights deal of a building, it means that sports, which is so flush with cash and lawyers and respectability, it must be true that sports has vetted you.
and therefore you can trust them.
We see this over and over and over again.
You saw it with FTX in Miami.
We see it now again with Aspiration.
You saw it with Enron in Houston.
It happens for a reason.