Leonard’s yin-yang contract reaches its final chapter? Company A’s boss pleads guilty, Xiao Hua: Be fair and just!

October 21st tomorrow, the NBA regular season will return. This offseason has caused a lot of sensational news off the court, so everyone is more concerned about it. For example, the Billis gambling incident. Although the federal investigation has stopped, the league has not stopped. Only after he is truly freed from suspicion can he return to the league. He could have signed a three-year, 42 million contract extension, but now no team dares to give him a contract.

Then there is the issue of Leonard's yin and yang contract. Many fans may have heard of this matter. Let's briefly talk about the process of this matter, which will help to better understand the following news: Ballmer initially invested in a carbon neutral company, we call it Company A. After the investment, Leonard became the spokesperson of the company, with an endorsement contract of 28 million, and he did not need to come forward to endorse. He only needed to do some unnecessary planting of trees.

And this is only a superficial contract. Both parties also have a 20 million share of stock. It is worth mentioning that Ballmer invested 50 million in this company, giving a total of 48 million to Xiaoka. This is too much like an additional subsidy to Xiaoka to circumvent the salary cap. , and the Clippers' senior executives had previously invested 1.9 million in this company. Xiaoka's installment contract with this company, 1.75 million, had not yet arrived. As a result, after the Clippers senior management paid, Xiaoka's money arrived quickly, and Xiaoka made a comeback after that.

If you say there is no Yin-Yang contract, I guess no one will believe it, but there is no direct proof. Although several executives of Company A jointly came forward to prove that Leonard's signing had nothing to do with them and was done by the company's CEO alone. At that time, they felt that giving Leonard such a contract was unreasonable at all, but they had no choice. After all, they did not have a high enough status and could be ignored. Unless the team owner admits it himself, the evidence may be solid.

Today, ESPN reporters reported that Joseph Thornburg, the founder of the company involved in the Leonard Yin-Yang contract incident, has pleaded guilty to two counts of electronic fraud. It is reported that the crime Thornberg committed this time is punishable by up to 20 years in prison. The date of conviction is in February next year. Thornburg has previously admitted that he participated in defrauding investors of 248 million. Thornburg said that he hoped that he could work hard to build Company A into a prosperous and successful company, but in the end he crossed the line.

As for the issue of Leonard's yin-yang contract, it was reported that Thunberg refused to answer reporters' questions outside the court, and other lawyers answered on his behalf. The lawyer refused to answer questions about Thunberg and Ballmer's cooperation. The meaning is very clear. Even if it is true, he does not want to admit it. Everyone knows about Ballmer's financial resources. Ballmer is at the top in the USA. If this thing is true, he only made Ballmer 2 million and defrauded himself of 248 million. If there are too many mosquitoes, he is not afraid of biting, and there is no need to annoy Ballmer anymore.

Of course, we do not rule out the possibility that he will plead guilty in the future. Regarding this matter, to be honest, I think there is a high probability that it is given up, because you have no direct evidence, only some indirect evidence. Although there are a lot of tricks, it is not established without direct evidence, unless Thornburg himself admitted verbally that he defrauded 248 million, was imprisoned for 20 years, wasted his whole life, and only had a few years of glory. Is this really appropriate? I don't think it's worth it.

As for the Yin-Yang contract, Xiao Hua also talked about this issue in an interview. Recently, "Sports Illustrated" asked Xiao Hua in an interview: You once said that before determining whether the Clippers deliberately circumvented the salary cap, they need to see a complete chain of evidence. Some team management are asking, what exactly do you need to see to determine that the team violated the rules? Xiao Hua: Some people have asked me that there is enough indirect evidence. Now in court, sometimes there is direct evidence and sometimes indirect evidence is relied on.

He then said: Of course, indirect evidence alone does not prevent us from making a judgment in favor of one party, but even if it is indirect evidence, we need to examine the overall situation, so this is not a formulaic judgment. We will check all the materials provided to deduce a reasonable result. "Sports Illustrated" asked: Will this investigation last for a long time? Xiao Hua said: It is not possible to evaluate yet, but based on past experience, this will take some time.

Xiao Hua explained: As of the deadline, although most sources of information are still anonymous, the number is considerable. In addition, there are independent legal procedures. The amount of evidence we need to review is quite large. This matter is of great significance. As an alliance, we must act cautiously, not only to ensure fairness and justice to the Clippers and Ballmer, but also to completely clarify the whole situation. I think if this matter is delayed until the end, there is a high probability that the Clippers will be fine, and everyone will just enjoy it.

This matter is actually a winner for Leonard, Ballmer and the boss of Company A. Ballmer did not lose money by retaining Leonard. Company A also made a lot of money by greedy more than 2 million, and Xiaoka even spent 48 million in vain. Having said that, what do you want to say about the Clippers? Welcome to leave a message for discussion.