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-   -   News Los Angeles Clippers Reportedly Selling for 2 Billion USD (https://gfy.com/showthread.php?t=1141878)

TCLGirls 05-29-2014 05:59 PM

Los Angeles Clippers Reportedly Selling for 2 Billion USD
 
Quote:

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

http://makeameme.org/media/created/I...IME-26oxu6.jpg

CAHEK 05-29-2014 06:21 PM

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

Forest 05-29-2014 06:24 PM

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 05-29-2014 06:41 PM

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 05-29-2014 06:44 PM

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 05-29-2014 06:49 PM

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Geffen confirmed to ESPN on Thursday night that his group had formally withdrawn from the bidding.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 05-29-2014 06:52 PM

Quote:

Originally Posted by NaughtyRob (Post 20104884)
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 :1orglaugh:1orglaugh:1orglaugh

Just Alex 05-29-2014 06:55 PM

Lots of people are not going to be happy.

InfoGuy 05-29-2014 07:30 PM

Quote:

Originally Posted by CAHEK (Post 20104855)
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 05-29-2014 07:46 PM

Quote:

Originally Posted by InfoGuy (Post 20104924)
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

:2 cents:

adultchatpay 05-29-2014 08:52 PM

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

Mutt 05-29-2014 09:21 PM

Quote:

Originally Posted by JA$ON (Post 20104876)
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 05-29-2014 10:05 PM

he gonna be the new owner by paying that price :pimp

PornDiscounts-V 05-30-2014 06:40 AM

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 05-30-2014 06:50 AM

Quote:

Originally Posted by JA$ON (Post 20104876)
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 :1orglaugh:1orglaugh:1orglaugh

Good call.


.

dyna mo 05-30-2014 07:04 AM

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 05-30-2014 01:24 PM

2$ billions, is today market total nuts?


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