From Inglewood, Calif.: Los Angeles Clippers owner Steve Ballmer has reversed the team's initial stance on the NBA's salary cap circumvention punishment. The team will no longer fight the punishment and has accepted a $30 million fine. Ballmer has also issued an apology.

The decision comes after the team initially vowed to fight against what it called a biased investigation. The NBA announced the punishment against the Clippers earlier this month.

Further details on the situation are available, including Ballmer's first public comments since the punishment was announced.