Big Law

The LA Clippers Agree to a $300 Million Sponsorship Deal With Aspiration Bank

The Los Angeles Clippers added another paying partner for the franchise’s planned Inglewood arena, helping to offset its expected $1.2 billion cost.

The National Basketball Association team owned by former Microsoft CEO Steve Ballmer announced Monday it has agreed to a deal with “green” financial services company Aspiration. Under the agreement, Aspiration becomes a founding partner of the team’s new arena — Intuit Dome — which broke ground earlier this month with a $500 million-plus naming rights deal with the owner of TurboTax.

Aspiration will be featured in signs around the arena and in other marketing materials, including some that are related to fighting climate change and reducing fans’ personal carbon footprints.

Read the source article at cnbc.com

Leave a Review or Comment

Back to top button