It’s official: Steve Ballmer is buying the LA Clippers for $2 billion
The papers are signed and the deal is done (pending approval by the NBA’s Board of Governors). Former Microsoft CEO Steve Ballmer really is buying the LA Clippers (you can say LA Clippys, once) for $2 billion, ow that the NBA, owner Donald Sterling’s wife Shelly Sterling and the Sterling Family trust have resolved their dispute. Donald Sterling announced earlier that he’s filing a $1 billion lawsuit against the league for trying to take away his team after racist statements he made leaked out. Whatever happens with that, as part of the sale agreement his wife and the family trust have indemnified the league against any lawsuits from him.
[Image credit: Noel Vasquez/GC Images]
Source: NBA
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