Clippers New Owner

Discussion in 'In the News' started by glt1980, May 30, 2014.

  1. glt1980

    glt1980 Well-Known Member

    It seems that the Clippers have found a new owner. The new man signing the checks appear to be former Microsoft CEO Steve Ballmer. The price tag a whopping $2 Billion shattering the previous record for an NBA team set just a couple months ago for the Bucks ($550 m) and second only to the LA Dodger sale price ($2.1B) for a pro sports team in North America. The deal not official just yet as Sterling still has the power to block it with legal action and if he does not the 23 other owners will need to approve the deal which would be expected as long as Ballmer promises not to move the team to Seattle.

    http://www.latimes.com/sports/la-sp-sn-clippers-sale-ballmer-20140529-story.html
     

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