The Former CEO of Microsoft Is Buying the Clippers

The drama of the Los Angeles Clippers ownership may finally be coming to an end. According to the Los Angeles Times, former Microsoft CEO Steve Ballmer outbit offers from a handful of suitors (including Oprah and David Geffen) to purchase the Los Angeles Clippers for $2 billion. If the deal goes through, it would be the highest amount ever paid for an NBA team. The previous record was $550 million for the Milwaukee Bucks just weeks ago.

Though Shelly Sterling—the estranged wife of current owner Donald Sterling, who also owns a large stake in the team—agreed to the sale, Donald Sterling’s lawyer told the Times, “There’s been no sale. There can be no sale without Donald’s signature.” Donald Sterling was recently banned for life from the NBA and fined $2.5 million after he was heard on a leaked phone call making racist statements. If Sterling does agree to the sale (he paid just $12 million for the franchise in 1981), the NBA is expected to approve Ballmer’s bid as long as he agrees not to move the team to Seattle, where he now lives …

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