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NBA announces punishments for LA Clippers after Kawhi probe (www.espn.com)

submitted 2 days ago by silberblueaxt@feddit.org to c/nba@lemmy.world

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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.

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[–] AlternatePersonMan@lemmy.world 7 points 2 days ago (1 children)

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 3 points 2 days ago

While you are 1000% correct...I bet an actual $20 fine would drive most billionaires into a violent rage