Former Microsoft CEO Steve Ballmer to buy Clippers for $2 Billion

[nightprowler10]

http://www.latimes.com/sports/la-sp-...529-story.html

Former Microsoft chief executive Steve Ballmer won a frenetic bidding war for ownership of the Los Angeles Clippers, with his $2-billion offer setting a record price for an NBA team, The Times has learned.

[TheMarkMadsen]

how does he feel about the blacks?

[Beastmode88]

in before "he's white"

[Haymaker]

So the Sterling are winners in all this?

[Bobcats2013]

Rich white people spending money for dookie and hehes.

[Droid101]

So the Sterling are winners in all this?

Oh no they're not! All their staunch defenders on here said all along that they were being treated unfairly and FIRST AMMENDMENT and furthermore, comma

[mattvNJ]

Jesus talk about Deep pockets... wasnt it valued around $750-a smidge over a B

[bagelred]

He's changing the name to the L.A. Blackpeoplesarethebests

[rule1223]

wtf 2 billion, and sterling prolly bought it for bag of potatoes

[Droid101]

wtf 2 billion, and sterling prolly bought it for bag of potatoes

$14 million I believe, back in the early 80's? Something like that.

[nightprowler10]

Jesus talk about Deep pockets... wasnt it valued around $750-a smidge over a B

People are willing to overpay for the Clippers for a couple of reasons. Owning an NBA franchise has great potential for global marketing, especially when you own that franchise in a popular city like LA. Also, I think their TV deal is getting renewed in 2015 which is expected to be a big deal.

Basically, people are willing to overpay by a lot based on potential alone.

[Draz]

This team won't be worth shit like it once did when they were irrelevant in a few years.

They can't even get passed the second round.

[Haymaker]

wtf 2 billion, and sterling prolly bought it for bag of potatoes

12 millions to be exact. Nice profit.

[nightprowler10]

This team won't be worth shit like it once did when they were irrelevant in a few years.

They can't even get passed the second round.

Different owner could make a huge difference though.

[Straight_Ballin]

Someone overpaid....

If he makes a comment about a particular race in private and it's somehow made know to the public, are people going to whine and act all offended and complain about it?!?!