Rich B
5,000+ posts
CarAudio.com Veteran
The former Microsoft CEO has won a bidding war for the team following the ousting on owner of Donald Sterling, with his offer setting a record price for a NBA team.
Former Microsoft CEO Steve Ballmer is to reportedly buy the Los Angeles Clippers for $2 billion.
The news came after weeks of speculation on the fate of the team since Donald Sterling was banned for life from the NBA by commissioner Adam Silver on April 29.
The sale would be the highest ever paid for a NBA team. Sterling bought the Clippers in 1981 for $13.5 million.
Ballmer was chosen over competitors that included Los Angeles-based investors Tony Ressler and Steve Karsh and a group that included David Geffen and executives from the Guggenheim Group, the Chicago-based owner of the Los Angeles Dodgers, according to the Los Angeles Times.
Steve Ballmer Wins Bidding for Clippers With $2 Billion Price Tag - Hollywood Reporter

Former Microsoft CEO Steve Ballmer is to reportedly buy the Los Angeles Clippers for $2 billion.
The news came after weeks of speculation on the fate of the team since Donald Sterling was banned for life from the NBA by commissioner Adam Silver on April 29.
The sale would be the highest ever paid for a NBA team. Sterling bought the Clippers in 1981 for $13.5 million.
Ballmer was chosen over competitors that included Los Angeles-based investors Tony Ressler and Steve Karsh and a group that included David Geffen and executives from the Guggenheim Group, the Chicago-based owner of the Los Angeles Dodgers, according to the Los Angeles Times.
Steve Ballmer Wins Bidding for Clippers With $2 Billion Price Tag - Hollywood Reporter

