chris #1 common sense poster
@dunks.bsky.social
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i’m chris, your nice friend from basketball. fka @negativedunks. boston by happenstance, maine by heart host of enjoy your day, thursdays at 2 ET @ uncertain.fm
![In December 2021, Mr. Sanberg discussed with senior Aspiration executives his
desire for the company to enter into an endorsement agreement with Mr. Leonard on the
terms described above. Mr. Sanberg did not have the authority to sign such an agreement
on Aspiration's behalf and, according to internal Aspiration emails, the reaction among
its C-suite executives who did have this signing authority was swift and uniformly
negative: "I have no idea why we'd do this," wrote one senior executive; "this is not a
good investment of our capital [...] It's $48M over 4 years for Kawhi, who is not a big
name [....] Not sure why we would make such a commitment considering we are
already paying a huge sponsorship fee to Clippers," wrote another.
When these concerns were conveyed to Mr. Sanberg, he told the Aspiration
executives that "the Clippers are asking us to do this with Kawhi Leonard" and that the
team would provide additional business back to Aspiration to help offset the financial
impact on Aspiration. In an email exchange among Aspiration's CEO, CFO, and general counsel, one wrote, "[Mr. Sanberg said] that the Clippers are promising to increase the amount they pay us per quarter in line with what we pay this guy [i.e., Mr. Leonard]." Another responded: "Thanks for verifying... We should be fine if it's cashflow
neutral."](https://cdn.bsky.app/img/feed_thumbnail/plain/did:plc:6xtss352bsq4rcyr356apu24/bafkreia2igxffimtq53iajo7rjmylf4cugiowxvi54diavg3xo3r4dtrve)
