Clippers name lawyer John Gibson interim governor

Date:


The LA Clippers have named John Gibson, a Los Angeles-based trial lawyer, as the franchise’s interim governor and CEO.

Clippers owner Steve Ballmer, who is facing a one-year suspension following the NBA’s investigation into salary cap circumvention allegations involving the team’s former star Kawhi Leonard, nominated Gibson, and the NBA approved him Monday after a vetting process.

Gibson is a longtime Clippers season-ticket holder and, along with being a trial lawyer, was a litigation partner at DLA Piper in Los Angeles. He is a graduate of Harvard and the University of Michigan Law School.

“I am honored to take on this responsibility and grateful for the opportunity to serve an organization I have supported for many years,” Gibson said in a statement.

Gibson joins the Clippers nearly three weeks after the NBA handed down its harshest-ever punishment to the team following a nearly yearlong investigation by the law firm Wachtell, Lipton, Rosen & Katz. Along with Ballmer’s suspension, the NBA issued a $30 million fine, the forfeiture of five first-round draft picks and suspensions for team executives Lawrence Frank and Gillian Zucker.

Leonard was also fined $700,000.

Ballmer recently accepted the NBA’s punishment, saying in a statement, in part, that though there are still disagreements with the findings, “We are complying with the penalties assessed by the league, have paid the fine and are moving forward.”





Source link

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Auto & Transport Roundup: Market Talk

Find insight on Uber Technologies, Volkswagen, Kuehne + Nagel...

Tech stocks power market surge as bond yields and oil prices tumble

Tech stocks surged Monday, with the Nasdaq 100 recording...

Free fishing weekend coming to New Mexico this month

NEW MEXICO (KRQE) – Anglers will be able to...