LA Clippers owner Steve Ballmer announced he is accepting the NBA's punishments for salary cap circumvention, expressing sincere regrets for the distraction caused. The penalties include the loss of five future first-round draft picks (2029-2033), a $30 million fine, and a yearlong suspension for Ballmer. The NBA's investigation found a pattern of misconduct by the Clippers organization, a prior offender of cap rules.

Ballmer initially challenged the findings, calling the probe a "witch hunt," but now states he wants to move past the issue. He emphasized the team's commitment to comply, pay the fine, and focus on building a competitive roster and community trust. Star player Kawhi Leonard was not suspended but must pay $700,000 to the league.

The statement came ahead of the NBA's board of governors meetings in New York and amid a reported federal investigation into the team's alleged cap circumvention.