Thursday, May 29, 2014

LA Times: Steve Ballmer agrees to buy the LA Clippers for $2 billion

Celebrities At The Los Angeles Clippers Game


So what's Steve Ballmer up to now that Satya Nadella is running things at Microsoft? According to the LA Times , he's just made a tentative agreement to buy the Clippers for about $2 billion. With the league announcing it will force current owner Donald Sterling to sell the team after racist remarks he made leaked out, a number of potential bidders have appeared. According to the Times report, Ballmer bit out several other bids, including one from a group led by entertainment exec David Geffen for $1.6 billion. The ex-Microsoft CEO has a reported net worth of between $15 - $20 billion, so he can certainly afford it, with change left over to switch the mascot to something more familiar.


[Image Credit: Noel Vasquez/GC Images]


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Source: LA Times


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