Ballmer wins LA Clippers basketball team for $2 billion

The previous owner was forced to sell the team after allegations of racist remarks

Former Microsoft CEO Steve Ballmer has reached an agreement to buy the Los Angeles Clippers for a record US$2 billion, according to reports.

The professional basketball team based in Los Angeles, California has been up for sale after the National Basketball Association Commissioner Adam Silver banned owner Donald Sterling for life from any association with the Clippers or the NBA for alleged racial comments.

Silver also announced in April that he will urge the NBA's Board of Governors to force a sale of the team.

Ballmer, who retired in February from Microsoft after 14 years, has been interested in owning an NBA franchise for a while. He beat other bidders that included Los Angeles-based investors Tony Ressler and Steve Karsh and a group that included David Geffen, Oprah Winfrey, Oracle CEO Larry Ellison and executives from the Guggenheim Group, the Chicago-based owner of the Los Angeles Dodgers, USA Today reported.

The former Microsoft executive seems unlikely to move the L.A. Clippers to Seattle, Washington after acquiring the franchise. "If I get interested in the Clippers, it would be for Los Angeles," Ballmer told The Wall Street Journal earlier this month. "Moving them anywhere else would be value destructive."

The NBA Board of Governors must still approve the sale, according to reports. There is some debate, however, whether Sterling has to sign off on the deal or has given his wife the authority to sell the team.

John Ribeiro covers outsourcing and general technology breaking news from India for The IDG News Service. Follow John on Twitter at @Johnribeiro. John's e-mail address is john_ribeiro@idg.com

Join the PC World newsletter!

Error: Please check your email address.
Rocket to Success - Your 10 Tips for Smarter ERP System Selection

Tags business issuesNational Basketball Associationsteve ballmerentertainment

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

John Ribeiro

IDG News Service
Show Comments

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Matthew Stivala

HP OfficeJet 250 Mobile Printer

The HP OfficeJet 250 Mobile Printer is a great device that fits perfectly into my fast paced and mobile lifestyle. My first impression of the printer itself was how incredibly compact and sleek the device was.

Armand Abogado

HP OfficeJet 250 Mobile Printer

Wireless printing from my iPhone was also a handy feature, the whole experience was quick and seamless with no setup requirements - accessed through the default iOS printing menu options.

Azadeh Williams

HP OfficeJet Pro 8730

A smarter way to print for busy small business owners, combining speedy printing with scanning and copying, making it easier to produce high quality documents and images at a touch of a button.

Andrew Grant

HP OfficeJet Pro 8730

I've had a multifunction printer in the office going on 10 years now. It was a neat bit of kit back in the day -- print, copy, scan, fax -- when printing over WiFi felt a bit like magic. It’s seen better days though and an upgrade’s well overdue. This HP OfficeJet Pro 8730 looks like it ticks all the same boxes: print, copy, scan, and fax. (Really? Does anyone fax anything any more? I guess it's good to know the facility’s there, just in case.) Printing over WiFi is more-or- less standard these days.

Ed Dawson

HP OfficeJet Pro 8730

As a freelance writer who is always on the go, I like my technology to be both efficient and effective so I can do my job well. The HP OfficeJet Pro 8730 Inkjet Printer ticks all the boxes in terms of form factor, performance and user interface.

Michael Hargreaves

Windows 10 for Business / Dell XPS 13

I’d happily recommend this touchscreen laptop and Windows 10 as a great way to get serious work done at a desk or on the road.

Featured Content

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?