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The Almighty Buck Businesses

Former Microsoft CEO Steve Ballmer Buys the LA Clippers For $2 Billion 270

Posted by samzenpus
from the big-wallet dept.
DroidJason1 (3589319) writes "Former Microsoft CEO Steve Ballmer has purchased the LA Clippers for a whopping $2 billion, also setting a new record price for an NBA team. This deal is apparently tentative until Donald Sterling gives his blessing. Twenty-nine other NBA owners need to offer their approval as well, but that shouldn't be a problem as long as Ballmer reaffirms his commitment of keeping the Clippers in Los Angeles. Interestingly, Donald Sterling had purchased the team back in June of 1981 for $12.5 million." We talked about this earlier in the week when rumors of the purchase started circulating.
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Former Microsoft CEO Steve Ballmer Buys the LA Clippers For $2 Billion

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