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Tag Archives | Steve Ballmer

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A done deal for Los Angeles Clippers $2 billion purchase

It’s done deal. After months of turmoil and uncertainty, the Los Angeles Clippers have a new owner. Former Microsoft CEO, Steve Ballmer, is now in charge. The NBA announced yesterday that Ballmer is officially the new owner. Ballmer ponied up a heart stopping $2 billion dollars for the NBA franchise last April.  Despite the legal wrangling of embattled former owner, Donald Sterling, Los Angeles  Superior Court judge, Michael Levanas, ruled Sterling’s estranged wife, Shelly, did have the right to sell the team.... Read More →

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Los Angeles Clippers sold for $2 billion?

Another shocking development in the Los Angeles Clippers/Donald Sterling saga tonight.  ESPN is reporting there is now an agreement between the Sterling Family Trust and  billionaire businessman Steve Ballmer. The former CEO of Microsoft  apparently has won the bidding war for the Clippers with an offer of $2 billion. Yes, that’s billion with a “b”.  Ballmer is worth at least $20 billion, according to Forbes. Also other media, including the L.A. Times,  are saying Ballmer has come out on top in the fight... Read More →

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