Risky Business with Nate Silver and Maria Konnikova

Did the LA Clippers Take a Page from the Mob?

Risky Business with Nate Silver and Maria Konnikova

Show Notes

The NBA is investigating the LA Clippers and team owner Steve Ballmer over allegations that star player Kawhi Leonard accepted a $28 million endorsement as a way to get around the league’s salary cap. The endorsement deal was with the now-defunct sustainable banking company Aspiration—a company in which Ballmer has invested. Nate and Maria talk about whether Ballmer tried to take a page out of the mob playbook, and how the league could deter this kind of behavior in the future. Plus: Nate and Maria discuss a report from the Citizens Budget Commission that claims that New York’s share of millionaires is falling—and with it, the potential for revenue generation from taxes. Further Reading: From Pablo Torre Finds Out: Kawhi Leonard Signed a Secret $28M Deal. Steve Ballmer Funded a Fraud. We Followed the Money. Citizens Budget Commission Report: The Hidden Cost of New York’s Shrinking Millionaire Share From the New York Times: New York Needs More Millionaires, Fiscal Watchdog Says” For more from Nate and Maria, subscribe to their newsletters: The Leap from Maria Konnikova Silver Bulletin from Nate Silver See omnystudio.com/listener for privacy information.

More from Risky Business with Nate Silver and Maria Konnikova

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