insidehoops
08-12-2014, 07:31 PM
The Los Angeles Clippers officially have a new owner.
Steve Ballmer's bid to purchase the Clippers closed Tuesday after the entry of an order by a California court confirmed the authority of Shelly Sterling to sell the team on behalf of the Sterling Family Trust, the league announced.
Ballmer, the former Microsoft CEO, bid $2 billion for the Clippers in May but wasn't able to complete the sale until Tuesday's written court order affirmed Shelly Sterling's authority to sell the franchise without the consent of her husband, Donald Sterling.
-- ESPN.com
Steve Ballmer's bid to purchase the Clippers closed Tuesday after the entry of an order by a California court confirmed the authority of Shelly Sterling to sell the team on behalf of the Sterling Family Trust, the league announced.
Ballmer, the former Microsoft CEO, bid $2 billion for the Clippers in May but wasn't able to complete the sale until Tuesday's written court order affirmed Shelly Sterling's authority to sell the franchise without the consent of her husband, Donald Sterling.
-- ESPN.com