Los Angeles Clippers

Wednesday, August 13, 2014

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, […]
Tuesday, July 29, 2014

Judge rules against Donald Sterling, Clippers deal to move forward

The NBA is high-fiving a ruling by Los Angeles Superior Court Judge Michael Levanas clearing the way for that $2 billion dollar Clippers deal to move forward. Judge Levanas decision yesterday gives a huge victory to Shelly Sterling. In the probate trial, Donald Sterling claimed his estranged wife had defrauded him by taking control of the Sterling Trust and negotiating that multi-billion […]
Thursday, May 29, 2014

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 […]
Friday, May 23, 2014

New twist in Clippers drama: Wife to sell team

New twist in the Donald Sterling/Los Angeles Clippers drama. There are reports now that the embattled billionaire owner of the Clippers has had a change of mind about previous plans to fight the forced sale of the team. ESPN is reporting Sterling has agreed to allow his wife, Shelly, and her attorneys to negotiate a sale. Earlier this week, the […]
Monday, May 19, 2014

NBA puts L.A. Clippers’ owner Donald Sterling on notice

  Today the NBA moved to strip embattled Los Angeles Clippers’ owner, Donald Sterling, of his team. The league put Sterling on notice of the charge against him and what he needs to do to respond, according to a news release issued this afternoon. Here’s what the release says about the charge against the 80 year-old billionaire: “The charge asserts that […]
Thursday, May 1, 2014

Does Oprah want to buy the Clippers?

The list of potential bidders for the Los Angeles Clippers is growing. Does Oprah want to buy the Clippers? Music and media mogul, David Geffen, claims Oprah is part of his bidding team, which includes Oracle co-founder and CEO, Larry Ellison. Yesterday a spokesperson for Winfrey, Nicole Nichols,  confirmed that on ESPN. “Oprah Winfrey is in discussions with David Geffen […]
Tuesday, April 29, 2014

Tweets of support for Clippers from Earvin “Magic” Johnson

    Now the Clippers players and fans can concentrate on the game tonight against the Warriors with Commissioner Silver’s decision. — Earvin Magic Johnson (@MagicJohnson) April 29, 2014     I am urging all the Clippers’ fans to go out and support the team tonight against the Warriors! — Earvin Magic Johnson (@MagicJohnson) April 29, 2014  
Tuesday, April 29, 2014

Donald Sterling is banned for life from the NBA

Justice was swift and powerful today for the embattled owner of the Los Angeles Clippers. During a news conference late this morning, NBA commissioner, Adam Silver, announced Donald Sterling is banned for life from the NBA. The ban is the result of an investigation by the NBA ,which determined it was indeed Sterling who got caught on tape making racist […]
Monday, April 28, 2014

Updated:Several sponsors drop the L.A. Clippers in light of Sterling debacle

  UPDATED: By the end of the day, the list of major advertisers cutting ties with the Los Angeles Clippers had grown to more than a dozen — including heavyweights like Sprint, Burger King and Samsung. The L.A. Clippers should be focused on tomorrow’s crucial NBA play-off game against the San Francisco Warriors, but the Sterling controversy is a major […]