Donald Sterling (AP/Danny Moloshok)

Report: Donald Sterling to sell Clippers to former Microsoft CEO Steve Ballmer (UPDATED)

The $2 billion deal, initially reported by the Los Angeles Times, has been disputed by Sterling


Peter Finocchiaro
May 30, 2014 2:58AM (UTC)

Former Microsoft CEO Steve Ballmer will buy the Los Angeles Clippers for $2 billion, the Los Angeles Times reported on Thursday.

[embedtweet id="472148882198364160"]

The move caps more than a month of controversy that began when team owner Donald Sterling was caught making incendiary racist comments in a secret audio recording. In the fallout from the recording, the NBA banned Sterling for life and imposed a $2.5 million fine, while urging him to put the team on the market.

Advertisement:

Despite some confusion about his intentions, Sterling legally authorized his wife Shelly to pursue a sale earlier this month. (He might later have had a change of heart, although it appears to have been too little or too late to stop Ballmer's purchase.)

Ballmer's name has been on a shortlist of potential buyers for several weeks. There was some speculation that if he did acquire the team, he might move it to Seattle -- a town without a pro-basketball team since the Seattle SuperSonics decamped for Oklahoma City in 2008. However, Ballmer put that speculation to rest in a WSJ interview, calling such a move "value destructive."

Update: Sterling's attorney tells CBS News that the sale, first reported by the Los Angeles Times, has not yet been accepted.

[embedtweet id="472159125267156993"]


Peter Finocchiaro

MORE FROM Peter FinocchiaroFOLLOW plfinoLIKE Peter Finocchiaro

Related Topics ------------------------------------------

Donald Sterling Los Angeles Clippers Microsoft Nba Steve Ballmer

BROWSE SALON.COM
COMPLETELY AD FREE,
FOR THE NEXT HOUR

Read Now, Pay Later - no upfront
registration for 1-Hour Access

Click Here
7-Day Access and Monthly
Subscriptions also available
No tracking or personal data collection
beyond name and email address

•••






Fearless journalism
in your inbox every day

Sign up for our free newsletter

• • •