Advertisement

Idol Chatter

Idol Chatter

Ballmer is Officially Named the New LA Clippers Owner

LA Clippers

The Los Angeles Clippers have a new owner – Steve Ballmer officially purchased the Clippers. Following the entry of an order by a California court, Shelly Sterling was granted the authority to sell the team.

Ballmer, the former Microsoft CEO, bid $2 billion for the Clippers. “It’s very, very exciting. I’m a basketball nut,” Ballmer said ESPN. “I’ve got time. I love Los Angeles. I love Seattle, too, which is where we have our home. But the notion of spending a lot of time in Los Angeles has been exciting to me for years. The community down there is great. I look forward to supporting the community, the fan base, the staff, Doc and the players to take this thing to higher heights.”

Advertisement

During the court proceedings, Ballmer admitted to various outlets that he was very frustrated with the waiting and the court proceedings but throughout the process he remained optimistic that everything would work out.

“My job has been to complete the deal and there were a lot of people, including me, working on it for a long time,” Ballmer said. “Was I kind of itchy? Sure. But I knew the only thing I could do or should do was complete the final deal, and we were able to do that this morning.”

On July 15, The NBA’s board of governors interviewed Ballmer and they took a vote electronically last week in which he was unanimously approved as an owner.

Ballmer’s takeover of the Clippers follows weeks of legal tussling between Shelly and Donald Sterling, the 80-year-old billionaire whom the NBA banned earlier this year for making offensive remarks about blacks.

The Clippers were bought in 1981 by Sterling for $12.5 million. Including Ballmer, there were six other serious bidders. The three highest bids were $1.2 billion from a group including former NBA player Grant Hill and Los Angeles businessmen Bruce Karsh and Tony Ressler, $1.6 billion from a group fronted by music mogul David Geffen, and $2 billion from Ballmer.

Previous Posts

Rio Olympics: Flame Handed to Brazil in Athens
Rio de Janeiro will host the Summer Olympics from August 5-21, but preparations for the event are already underway. The Olympic flame that will burn at the Summer Olympics was handed over to Brazil last Wednesday. The ceremony was held in ...

posted 1:48:32pm Apr. 28, 2016 | read full post »

Celebrating the 46th Year of Earth Day
The movement continues. This year is the 46th year of Earth Day, a day that inspires, ignites passion, and motivates people to action. In 1970, the first Earth Day was celebrated with a mission to channel human energy toward environmental ...

posted 9:51:26am Apr. 22, 2016 | read full post »

Eclectic Pop Music Superstar Prince Has Passed
We mourn the loss of another musical great this year. Multiple sources have confirmed that the artist known as Prince has passed. He was 57. His publicist, Yvette Noel-Schure, told the Associated Press the music icon was found dead at his ...

posted 1:52:31pm Apr. 21, 2016 | read full post »

Former WWE Star Chyna Found Dead
Former pro wrestler Joan Laurer, known as Chyna in the WWE community, has died at the age of 45. The cause of her death remains unknown to the public. Chyna was a huge pioneer for female wrestlers in the WWE. Fans and friends of Chyna took to ...

posted 10:35:25am Apr. 21, 2016 | read full post »

Former Syracuse Great Dwayne ‘Pearl’ Washington Dies at 52
Former Syracuse great Dwayne ‘Pearl’ Washington passed away at 52. Washington was diagnosed with a brain tumor last summer and received surgery in the fall. Washington grew up in Brooklyn, New York where he first received his nickname ...

posted 1:34:35pm Apr. 20, 2016 | read full post »

Advertisement


Report as Inappropriate

You are reporting this content because it violates the Terms of Service.

All reported content is logged for investigation.