Steve Ballmer willing to pay $2 billion for Clippers

Steve Ballmer willing to pay $2 billion for Clippers

Shelly Sterling has informed the NBA of her deal with Steve Ballmer to purchase the Los Angeles Clippers, but the league isn’t ready to call off next week’s owners hearing just yet.

First, it needs more information about the potential record-breaking $2 billion sale she agreed to with the former Microsoft CEO.

“We await the submission of necessary documentation from Mrs. Sterling,” NBA spokesman Mike Bass said Friday in a statement. “In the meantime, the June 3 special meeting of the NBA Board of Governors remains as scheduled.”

The league is planning a hearing that day to consider the charge against her husband, Donald Sterling, for damaging the league with his racist comments. Owners could vote to terminate his ownership – and Shelly’s as well – during that hearing.

But Commissioner Adam Silver has said he would prefer the Sterlings sell the team, and Shelly Sterling announced late Thursday night that she’d signed a binding contract for a sale of the Clippers by The Sterling Family Trust to Ballmer.

— Associated Press

Author: Inside Hoops

InsideHoops.com has been a world leader in NBA basketball coverage for over 20 years. Read our blog, but also be sure to read our main website on www.insidehoops.com