News Los Angeles Clippers Reportedly Selling for 2 Billion USD

[TCLGirls]

Former Microsoft CEO Steve Ballmer has submitted an NBA-record-setting offer of $2 billion to purchase the Los Angeles Clippers from owners Donald and Shelly Sterling, according to James Rainey of the Los Angeles Times

http://sports.yahoo.com/blogs/nba-ba...234227311.html

[CAHEK]

Best soccer team in England costed only total of £800 million approximately $1.3 billion

[Forest]

this is a BID not a sale. Donald Sterling has to approve the sale and he has vowed to fight the NBA's intention to make him sell the team

[NaughtyRob]

Its a done deal, signed. Just needs approval. I can't imagine the Clippers being worth 2Billion
Balmer would have been better off building a casino in Vegas and would have his money back in a few years.

[JA$ON]

When I started a thread last week saying I though they would sell for 1.75....WAY before any of this came out, everyone called me nuts..

so who wants my stock pics now? LOL

[NaughtyRob]

http://espn.go.com/los-angeles/nba/s...ording-sources

The Sterling family trust has signed an agreement to sell the Los Angeles Clippers to former Microsoft chief executive Steve Ballmer for $2 billion, sources tell ESPN.com's Ramona Shelburne.

The agreement is going straight to the NBA for final approval and does not require additional approval from banned Clippers owner Donald Sterling, according to sources.

Former Microsoft CEO Steve Ballmer bid $2 billion to potentially buy the Clippers from Donald Sterling.

ESPN.com's Darren Rovell reported earlier Thursday that Ballmer's $2 billion bid was the highest submitted, topping those from groups led by music mogul David Geffen ($1.6 billion) and L.A. investors Tony Ressler and Steve Karsh ($1.2 billion).

Geffen confirmed to ESPN on Thursday night that his group had formally withdrawn from the bidding.

Sterling's wife, Shelly, had pushed to negotiate a sale before Tuesday's board of governors meeting at which both of the Sterlings' ownership interests could be terminated, while Donald Sterling had vowed to fight the NBA's attempts to force a sale.

News of Ballmer's bid was first reported by the Los Angeles Times.

Magic Johnson, who was referenced in the racist remarks Sterling made that resulted in the owner's ban from the NBA, expressed his excitement over Ballmer's bid in several tweets Thursday evening.

[brassmonkey]

Originally Posted by NaughtyRob

http://espn.go.com/los-angeles/nba/s...ording-sources

The Sterling family trust has signed an agreement to sell the Los Angeles Clippers to former Microsoft chief executive Steve Ballmer for $2 billion, sources tell ESPN.com's Ramona Shelburne.

The agreement is going straight to the NBA for final approval and does not require additional approval from banned Clippers owner Donald Sterling, according to sources.

Former Microsoft CEO Steve Ballmer bid $2 billion to potentially buy the Clippers from Donald Sterling.

ESPN.com's Darren Rovell reported earlier Thursday that Ballmer's $2 billion bid was the highest submitted, topping those from groups led by music mogul David Geffen ($1.6 billion) and L.A. investors Tony Ressler and Steve Karsh ($1.2 billion).

Geffen confirmed to ESPN on Thursday night that his group had formally withdrawn from the bidding.

Sterling's wife, Shelly, had pushed to negotiate a sale before Tuesday's board of governors meeting at which both of the Sterlings' ownership interests could be terminated, while Donald Sterling had vowed to fight the NBA's attempts to force a sale.

News of Ballmer's bid was first reported by the Los Angeles Times.

Magic Johnson, who was referenced in the racist remarks Sterling made that resulted in the owner's ban from the NBA, expressed his excitement over Ballmer's bid in several tweets Thursday evening.

you are so going to jinx that shit

[Just Alex]

Lots of people are not going to be happy.

[InfoGuy]

Originally Posted by CAHEK

Best soccer team in England costed only total of £800 million approximately $1.3 billion

That's a lot considering the smaller population in the UK.

[CAHEK]

Originally Posted by InfoGuy

That's a lot considering the smaller population in the UK.

It's the world?s third most valuable soccer team

http://en.wikipedia.org/wiki/Forbes%...football_clubs

[adultchatpay]

2B wow, but Dre's Beat was sold for 3B.

[Mutt]

Originally Posted by JA$ON

When I started a thread last week saying I though they would sell for 1.75....WAY before any of this came out, everyone called me nuts..

so who wants my stock pics now? LOL

I was one of them, you were right. I am amazed at that price.

[SekobA]

he gonna be the new owner by paying that price

[PornDiscounts-V]

The Sterlings didn't want to sell to somebody that intends to move them from Los Angeles. But at that price who can say no? Hopefully he will move them to Seattle.

[L-Pink]

Originally Posted by JA$ON

When I started a thread last week saying I though they would sell for 1.75....WAY before any of this came out, everyone called me nuts..

so who wants my stock pics now? LOL

Gotta admit, I thought you were nuts

Good call.


.

[dyna mo]

so apparently Sterling has been determined mentally incapacited to the point he's been removed from the sale process.

So this guy is mentally capacited enough to have the league pull their bullshit just a couple weeks ago, but now is so mentally incapacited that he is not considered the legal decision maker.

there's nothing not icky re: this story. Just following it makes me feel like I got some shit on th ebottom of my shoe that keeps stinking up the place.

[seeandsee]

2$ billions, is today market total nuts?