Partnership

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LOS ANGELES  – The LA Clippers and Aspiration have announced a multi-year partnership that designates the world's leader in sustainability as a service solution for consumers and companies as the first Founding Partner of the Intuit Dome, the future home of the Clippers. Together, Aspiration and the Clippers are setting a new standard for social responsibility in sports by building the first climate positive arena and committing to programs that will make a difference in the fight against climate change. Aspiration recently entered into a merger agreement with InterPrivate III Financial Partners Inc. (NYSE: IPVF), a publicly traded special purpose acquisition company, which, upon closing, will result in Aspiration becoming a listed company.

The Clippers will engage Aspiration’s Sustainable Impact Services, which offers software and services that enable companies to integrate the fight against climate change into their daily customer experience. The Clippers and Aspiration are also introducing the first “Planet Protection Fund,” which will provide fans with the opportunity to offset their own carbon impact whenever they purchase a ticket to cheer on the Clippers. The two organizations will also develop sustainability programming to benefit Southern California businesses, entrepreneurs and students.

"There is a responsibility associated with building the best arena in the world,” said Clippers Chairman Steve Ballmer. "Aspiration becoming our first Founding Partner supports the stake we are planting in the ground to make Intuit Dome the most sustainable arena in the world.”

"Today, the Clippers are raising the bar for every major sports franchise in the world," said Joe Sanberg, Co-founder of Aspiration. "By committing to a sustainable future, this team is proving that its massive cultural influence can extend to harnessing meaningful and ongoing action against the climate crisis by embedding Aspiration’s sustainability services throughout the fan experience. As a Clippers fan, I am proud to be partnering with them to define a new era of climate action in major league sports — and I hope that the rest of the NBA follows their example."

The Clippers are aggressively working toward initiatives that will earn Intuit Dome a LEED Platinum certification, the highest classification available. Intuit Dome will operate 100% carbon-free from day one, and be the only sports arena in the world built with 100% embodied carbon concrete. Intuit Dome will be naturally ventilated, fully electric through batteries and solar power with enough on-site energy storage to power a basketball game or concert, and have no net new greenhouse gas emissions. It will feature a comprehensive waste reduction program to eradicate landfill waste onsite and extensive programs to improve regional air quality. Intuit Dome has committed to the annual monitoring of greenhouse gas emissions and transportation impacts, a first for a large-scale venue, which will ensure sustainability goals and promises are met, and also provide the data to help drive broader community transformation to a low carbon future.

“We are excited to be the first Founding Partner of Intuit Dome, and we recognize that this is a great opportunity to further integrate sustainability and carbon negativity into the operations of this iconic franchise,” said Andrei Cherny, Co-founder and CEO of Aspiration. “The LA Clippers are proof positive of Aspiration’s core philosophy: People and businesses can do well while also doing good.”

“Our relationship with Aspiration is aspirational; how do we do more?” said Gillian Zucker, LA Clippers President of Business Operations. “It’s not enough anymore to just do our part as a company. We need to use our platform to create a movement around the importance of protecting our planet.”

As Intuit Dome’s first Founding Partner and a team partner of the Clippers, Aspiration will receive physical and digital signage elements and activations that promote sustainability, hospitality elements and will become the presenting partner of the Clipper Nation MVP Program, which offers exclusive benefits to season ticket holders. Aspiration will also engage with the Clippers’ Mentorship Assist Zone program, which provides underserved Southern California youth with education and exposure to career opportunities.

Led by Chairman Steve Ballmer, the LA Clippers have competed in 51 NBA seasons and appeared in the Playoffs in nine of the past 10 seasons. The Clippers are committed to the city of Los Angeles and through the LA Clippers Foundation, provide resources and opportunities that make a positive difference toward leveling the playing field for youth in Southern California. Visit the Clippers online at www.clippers.com or follow them on social media@LAClippers.

Intuit Dome will open for the 2024-25 season in Inglewood, California as the new home of the LA Clippers. Built for the fan, by the fan, the technologically advanced and basketball-obsessed arena, entertainment venue and outdoor plaza will deliver a uniquely intimate and intense experience.

Aspiration is a leading platform to help people and businesses put automated sustainable impact into their hands and integrate it into their daily lives. The company is currently in the process of completing a merger with InterPrivate III Financial Partners Inc. (NYSE: IPVF), a publicly-traded special purpose acquisition company. Aspiration has earned the trust of its more than 5 million members by helping them spend, save, shop, and invest to both "Do Well" and "Do Good." Aspiration Partners, Inc. is a certified B Corp. Headquartered in Marina del Rey, CA, Aspiration Partners Inc. is backed by investors including Alpha Edison, AGO, Capricorn Investment Group, Allen &amp; Company, Flourish Ventures, Social Impact Finance, Deep Field Asset Management, Joseph Sanberg, Alex Pomeroy, Glenn "Doc" Rivers, Orlando Bloom, Leonardo DiCaprio, Cindy Crawford, Kaia Gerber, and Robert Downey Jr.'s Footprint Coalition Ventures. For more information, visit Aspiration.com or Aspiration.com/business. Still and video media assets can be found at https://tinyurl.com/56u3yu3z.

About InterPrivate III Financial Partners Inc.

InterPrivate III Financial Partners Inc., led by Chairman &amp; CEO Ahmed Fattouh, President Nicholaos Krenteras, and Vice Chairman Sunil Kappagoda, is a blank check company whose business purpose is to effect a business combination with one or more businesses in the financial services or fintech sectors. InterPrivate III’s Board of Directors includes globally recognized financial services leaders including: former BankOneChairman, John McCoy; former Lucent and Verifone Chairman, Rich McGinn; Pine Brook founder and former Warburg Pincus Vice Chairman, Howard Newman; and fintech investor Gordy Holterman.

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LA Clippers and Aspiration Set a New Standard for Social Responsibility in Sports

nbaplatformservices

la-clippers-break-ground-on-intuit-dome

LA Clippers Break Ground on Intuit Dome

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LA Clippers Introduce Intuit Dome

Marcus Fong

INGLEWOOD, Calif. - The LA Clippers and Intuit Inc. (Nasdaq: INTU), a global technology platform that makes TurboTax, QuickBooks, Credit Karma and Mint, announced today that they have entered a 23-year strategic partnership. Intuit is the exclusive naming rights partner of the Intuit Dome, the future home of the Clippers, which is scheduled to open in Inglewood, California for the 2024-2025 NBA season. The Clippers, Intuit and community leaders will break ground this morning. The Intuit Dome will deliver an innovative fan and consumer experience, and it will become a hub for programs that power economic prosperity and benefit the community.

“When we began the search for a partner for the LA Clippers and our new dome, we looked for one that shares our passion for technology, the pursuit of innovation and our commitment to customers, fans and community,” said Steve Ballmer, LA Clippers Chairman. “Intuit is a perfect fit and we’re excited to be calling our future home the Intuit Dome.”

“Intuit and the Clippers are mission-driven organizations that share the common goal of putting their customers and fans first. We both have a focus on creating extraordinary experiences enabled by innovative technology,” said Sasan Goodarzi, Intuit Chief Executive Officer. “The Intuit Dome will reflect Intuit’s focus on innovation to deliver best-in-class products and services including TurboTax, QuickBooks, Mint and Credit Karma to help our customers achieve their financial goals. Intuit and the Clippers have a history of supporting local communities, and we look forward to investing in and contributing to the Inglewood community to help them prosper.”

Through this partnership, Intuit and the Clippers will create new programs to reinvigorate the local economy and local businesses that create jobs, enable job readiness, and educate entrepreneurs to help them better run their businesses and transform their financial lives.

As a function of the partnership, Intuit has committed to:

The Clippers have committed to the City of Inglewood the largest community benefits package ever associated with an arena, generating an estimated $260 million in annual economic activity.

Intuit Dome has been designed to create an intimate and intense fan experience through features such as “The Wall,” which is comprised of 51 uninterrupted rows of seats that include a dedicated supporters section; a two-sided halo scoreboard encircling the bowl with an acre of LED lighting; and an 80,000 square foot outdoor plaza, surrounding a full-size outdoor court. Technological advancements within Intuit Dome will allow for frictionless concession stands, enabling fans to spend more time in their seats.

Additional information about the Intuit Dome, and media materials from this morning’s groundbreaking event, will be available at www.clippers.com/intuitdome.

Intuit is a global technology platform that helps our customers and communities overcome their most important financial challenges. Serving approximately 100 million customers worldwide with TurboTax, QuickBooks, Mint and Credit Karma, we believe that everyone should have the opportunity to prosper. We never stop working to find new, innovative ways to make that possible. Please visit us for the latest news and information about Intuit, our products and services, and find us on social.

Led by Chairman Steve Ballmer, the LA Clippers have competed in 51 NBA seasons and appeared in the Playoffs in nine of the past 10 seasons. The Clippers are committed to the city of Los Angeles and through the LA Clippers Foundation, provide resources and opportunities that make a positive difference toward leveling the playing field for youth in Southern California. Visit the Clippers online at www.clippers.com or follow them on social media @LAClippers.

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LA Clippers to Announce Partnership During Groundbreaking for Intuit Dome

Brian Truong

LOS ANGELES – The LA Clippers have announced a new partnership with fan influence and rewards platform Socios.com, the leading global blockchain provider for the sports and entertainment industry. The multi-year relationship will include Socios.com integrations into Clippers social media, digital and mobile platforms as well as hospitality experiences.

“At the Clippers our fans come first, and our relationship with Clipper Nation is built around engaging, seamless interactions with fans at every touchpoint,” said Scott Sonnenberg, Chief Global Partnerships Officer, LA Clippers. “Socios.com is a global fan engagement leader, and like us they understand how technology and innovation drive the sports industry forward. We’re thrilled to partner with them and grow our relationship in the blockchain space.”

“I’m delighted the LA Clippers have become the latest major U.S. team to join our rapidly expanding network,” said Alexandre Dreyfus, CEO of Socios.com and Chiliz. “The Clippers fully understand how our fan engagement platform will enable them to scale their brand globally and I’m very excited by our plans with them. This is yet another step forward in a very exciting period of unprecedented growth in the U.S. for our business.”

Driven by the central belief that transitioning passive fans into active fans is essential to the future of sport, Socios.com is a direct-to-consumer (D2C) platform that leverages blockchain technology to provide the world’s leading sporting organizations with the tools to engage with and monetize their global fanbases.

The Clippers join Socios.com’s 50+ network of major international sporting properties, which also includes FC Barcelona, Juventus, Paris Saint-Germain, AC Milan, Manchester City, Inter Milan, Arsenal, the UFC, NASCAR’S Roush Fenway Racing, the New Jersey Devils and several other NBA teams.

About the LA Clippers
Led by Chairman Steve Ballmer, the LA Clippers have competed in 50 NBA seasons and appeared in the Playoffs in nine of the past 10 seasons. The Clippers are committed to the city of Los Angeles and through the LA Clippers Foundation, provide resources and opportunities that make a positive difference toward leveling the playing field for youth in Southern California. Visit the Clippers online at www.clippers.com or follow them on social media @LAClippers.

Transitioning passive fans into active fans is essential to the future of sport. Our vision is for an extensive network of the world’s leading sporting organizations to achieve this through Fan Tokens and transactional fan engagement on Socios.com. Fan Tokens, collectible, digital assets minted on the Chiliz blockchain, and the Socios.com fan engagement platform enable the world’s biggest sporting properties to plug into a fan influence and fan reward ecosystem. Socios.com has already generated $150M in revenues for sports teams in 2021. Over 40 major sporting organisations, including UFC® , FC Barcelona, Juventus, Inter Milan, AC Milan, Paris Saint-Germain, Valencia CF, Atletico Madrid, Arsenal, Manchester City and the Argentina and Portugal national teams have partnered with Socios.com. Aston Martin Cognizant and Alfa Romeo Racing ORLEN of Formula One™ have launched Fan Tokens. Leading esports organizations Team Heretics, NAVI, OG and Alliance have all launched Fan Tokens on the platform. NHL side New Jersey Devils recently became the first US sports franchise to partner with Socios.com, before being joined by the 76ers and Boston Celtics of the NBA. Three leading IPL sides have also joined the Socios.com roster. Many more leading sports and entertainment properties from around the world are set to launch Fan Tokens in the near future.  Chiliz, the crypto unicorn behind the Socios.com platform has 140+ employees and has already opened new regional headquarters in Madrid, Istanbul, São Paulo. The company will open a new office in North America in the near future. Chiliz $CHZ has been listed on a host of major cryptocurrency exchanges around the world, including Coinbase and Binance. Socios.com - creators of Fan Tokens - also own www.fantokens.com which will launch soon. The Socios.com app is available in 10 languages. For more information please visit www.socios.com.

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LA Clippers Announce Partnership With Global Fan Influence And Rewards Platform Socios.com

Robyn Dixon

The LA Clippers and LA-based technology company Honey have announced that Honey will be prominently featured on Clippers jerseys moving forward, as the popular shopping and rewards brand expands its partnership with the team. Honey’s relationship with the Clippers launched in 2019 and has grown to include the jersey patch and other team assets that prioritize engaging with passionate Clippers fans. The partnership is part of the NBA’s International Team Marketing Program, and allows Honey to market internationally and share team content on digital and social media sites worldwide to reach the Clippers’ diverse fan base.

“We are proud to wear the Honey logo on our jerseys as we grow our businesses together,” said Gillian Zucker, Clippers President of Business Operations. “Honey’s story is one of entrepreneurial success that is becoming more commonplace in LA, and partnering with a homegrown brand that has championship aspirations aligns with what we believe in and work hard for every day.”

“The LA Clippers have aligned with Honey’s core values from the get-go and lead with commitment, passion and conviction,” said Honey co-founder George Ruan. “Our relationship continues to spotlight Honey among engaged sports fans and we are excited to enter a new phase of growth for our brands.”

The partnership brings Honey’s unique online shopping technology to the Clippers’ interconnected fan community. Today, Friday, Nov. 20, shoppers can save 15% on Official Clippers Jerseys featuring Honey’s logo in the team’s ecommerce store, Clippers Fan Shop, by using Honey. Additionally, Honey will help fans find Black Friday, Cyber Monday and Holiday deals at shop.clippers.com. Together, Honey and the Clippers are finding synergies to bring smart shopping to the forefront of how fans buy online, ranging from everyday purchases to team and sports merchandise.

The first year of Honey’s relationship with the Clippers featured several key elements that helped highlight Honey’s brand during a pivotal growth period for the tech company. Last season, Honey extended the reach of its partnership by becoming the naming rights partner for the renovated Honey Training Center: Home of the LA Clippers, and Honey’s logo was displayed on Clippers practice jerseys. For the 2019-20 season, Honey also led the “Steal of a Deal” ticket campaign, which gave fans the opportunity to purchase $10 tickets for each home game. Activation for the 2020-21 season will include digital sweepstakes, social media and increased exposure on Clippers television and radio broadcasts.

Honey by PayPal is a suite of free tools to help people save time and money when shopping online. From notifying you when a price drops on select items, to helping shoppers find the lowest price, Honey provides you with the information that you need to shop with confidence. Honey has helped millions of people find more than $1 billion in savings in the past year. Visit www.joinhoney.com to shop smarter.

Led by Chairman Steve Ballmer, the LA Clippers have competed in 50 NBA seasons and appeared in the Playoffs in eight of the past nine seasons. The Clippers are committed to the city of Los Angeles and through the LA Clippers Foundation, provide resources and opportunities that make a positive difference toward leveling the playing field for youth in Southern California. Visit the Clippers online at www.clippers.com or follow them on social media @LAClippers.