Ballmer in $2bn deal for LA Clippers

Ballmer in $2bn deal for LA Clippers

Friday, May 30, 2014 10:28 am

Former Microsoft chief Steve Ballmer will buy the Los Angeles clippers basketball team for $2 billion, he announced in a statement Thursday with co-owner Shelly Sterling.

The NBA is forcing the Sterling family to sell the team because of racist comments made by Sterling’s husband, Donald Sterling, who is reportedly poised to oppose a sale.

In a joint statement with Ballmer, Shelly Sterling said she was acting as sole trustee of the family, which owns the team, although a lawyer for her husband said he had to sign off on the deal.

“I am delighted that we are selling the team to Steve, who will be a terrific owner,” Shelly Sterling said in the statement.

Ballmer said he loves basketball and will do “everything in my power to ensure that the Clippers continue to win — and win big — in Los Angeles.”

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