Joseph Sanberg sentenced to 14 years in prison amid Clippers investigation
4 sources • 1 min read • Latest: Jun 2, 2026, 2:36 AM
Last updated Jun 2, 2026
Joseph Sanberg, co-founder of the now-bankrupt green banking company Aspiration, was sentenced to 14 years in federal prison on June 1. His company is linked to an ongoing NBA investigation involving the Los Angeles Clippers. The sentencing follows allegations of financial misconduct related to Sanberg's business practices. Further developments in the investigation may impact the NBA and the Clippers' organization moving forward.
- •Joseph Sanberg was sentenced on June 1.
- •Aspiration is involved in an NBA investigation concerning the Clippers.
- •The sentencing stems from allegations of financial misconduct.
- •Sanberg's company has now gone bankrupt.
- •Future implications for the Clippers remain uncertain.
- 2:36 AMYahoo Sports — Aspiration Co-Founder Sentenced to 14 Years Amid NBA’s Clippers Investigation
- 1:48 AMYahoo Sports — Aspiration co-founder sentenced to 14 years in prison after wire fraud amid NBA investigation, Clippers scandal
- 1:06 AMESPN — Aspiration co-founder gets 14 years in prison
"The NBA is still conducting an investigation into claims that the Los Angeles Clippers used a fraudulent endorsement deal with a tree-planting company called Aspiration to circumvent the league’s salary cap. NBA insider Ramona Shelbourne said she does not expect the results of the investigation to be released until at least after the NBA playoffs […] The post Aspiration Co-Founder Sentenced to 14 Years Amid NBA’s Clippers Investigation appeared first on LA Sports Report.
"Joseph Sanberg, whose now-bankrupt green banking company is at the center of an NBA investigation into the Clippers, was sentenced to 14 years in federal prison on Monday.
"Joseph Sanberg pleaded guilty to two counts of wire fraud after prosecutors said he defrauded investors out of nearly $250 million.
Sources
External links- Yahoo SportsJun 2, 2026, 2:36 AMAspiration Co-Founder Sentenced to 14 Years Amid NBA’s Clippers Investigation
The NBA is still conducting an investigation into claims that the Los Angeles Clippers used a fraudulent endorsement deal with a tree-planting company called Aspiration to circumvent the league’s salary cap. NBA insider Ramona Shelbourne said she does not expect the results of the investigation to be released until at least after the NBA playoffs […] The post Aspiration Co-Founder Sentenced to 14 Years Amid NBA’s Clippers Investigation appeared first on LA Sports Report.
- Yahoo SportsJun 2, 2026, 1:48 AMAspiration co-founder sentenced to 14 years in prison after wire fraud amid NBA investigation, Clippers scandal
Joseph Sanberg pleaded guilty to two counts of wire fraud after prosecutors said he defrauded investors out of nearly $250 million.
- ESPNJun 2, 2026, 1:06 AMAspiration co-founder gets 14 years in prison
Joseph Sanberg, whose now-bankrupt green banking company is at the center of an NBA investigation into the Clippers, was sentenced to 14 years in federal prison on Monday.
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