It's kind of weird to see this being published here now. Hacker News probably largely doesn't pay attention to the NBA, but there's a scandal right now whereby Steve Ballmer seems to have used a carbon credit company called Aspiration that was a pure scam and performed no actual offsetting of carbon usage in order to circumvent the salary cap, making investments into the hundreds of millions of dollars into this otherwise sell-nothing, do-nothing company so they could then give out do-nothing endorsement contracts to basketball players that didn't actually endorse them.

Makes me wonder how many other companies if not entire industries largely exist for money laundering and don't otherwise actually do anything.