Victory for Donald Sterling against the NBA League of Stooges

So much for the NBA forcibly taking the team away from him & installing one of their own lackey buttsuckers ....

Not a bad return on investment, considering he bought them for $12.5 million




Former Microsoft CEO Steve Ballmer to buy Clippers for $2 billion

Former Microsoft chief executive, Caucasian Steve Ballmer, won a frenetic bidding war for ownership of the Los Angeles Clippers, with his $2-billion offer setting a record price for an NBA team, The Times has learned.

Ballmer, who was chief executive of Microsoft for 14 years, was chosen over competitors that included Los Angeles-based investors Tony Ressler and Bruce Karsh and a group that included David Geffen and executives from the Guggenheim Group, the Chicago-based owner of the Los Angeles Dodgers, according to three individuals familiar with the negotiations.One of the individuals with knowledge of the negotiations said the Geffen group bid $1.6 billion and Ressler at $1.2 billion.

The sale price is almost four times the highest previous NBA franchise sale price -- the $550 million paid earlier this month for the Milwaukee Bucks. It is second only to the Dodgers' 2012 sale for $2.1 billion as the highest price for any sports team in North America.

The tentative deal still must receive the blessing of her husband, Donald Sterling, who has waxed and waned on the question of whether he would allow his wife to sell the team he has controlled for more than three decades.

The deal also needs the eventual approval of 29 other NBA owners, but is expected to clear that hurdle as long as Ballmer reaffirms his pledge to keep the team in Los Angeles and not move it to Seattle, where he lives.

Ballmer, 58, left the software giant in February and has an estimated net worth of $20 billion. Unlike other bidders, he did not immediately seek out partners for the purchase of the Clippers.

Ballmer last year joined a group, led by hedge fund manager Chris Hansen, to bid on the Sacramento Kings, intending to move the team to Seattle. NBA owners voted to reject the proposed move.

The businessman said in a recent interview that he had no intention of moving the Clippers. He said that the high valuations for the team only made sense in Los Angeles -- the second biggest media market in the count





http://www.latimes.com/sports/la-sp-sn-clippers-sale-ballmer-20140529-story.html

 

Repeat thread. Gay.

 

Good lord!!!

2 Billion dollars!!!

Who in the name of god almighty could have possibly imagined that the Clippers could possibly be worth 2 Billion dollars? If anyone could have seen that, and stated it in public, then wow, they must be a god among men.

 

God bless Bill Gates and his uncanny ability to plagiarize software for making this all possible....


F U, Magic "I Got The Aids " Johnson

 

Once again Balmer demonstrates that fantastic business acumen that he wielded so masterfully to take Microsoft from owning > 90% of the operating systems of all the PCs in America to less than 25%, and being worth less than half of what Apple is worth.

 

It doesn't matter if he paid a premium of over $500million from what the second highest bid was. That money will be made up in the next 20-30 years.

 

Who gives a shit when you're 80.

 

$2B for that piece of shit franchise? Hoist a stein for Don Sterling, master of the universe.

 

Money for nothin' ....

 

But he is the reason they were shit for 28 of the past 30yrs. With him gone, the Lakers in flux, and a majority of basketball fans being fair weather as hell, they could own LA in 3-5 yrs.

 

The lakers and celtics are now worth 20 billion apiece. 2 bil for the shitty clippers.

 

Couple of years ago Forbes valued the yankees at about 1 billion. This throws all of american sports out of whack.

 

His lawyer is hilarious.

 

sure they could

he paid $8M and got $2B

that's the story folks

 

That would just buy the team, not the stadium and their cut of the network.

 

....nothing lasts forever, but the cold November rain...

 

Especially since 95% of the Clippers existence saw them being a total laughing stock, shit team ....

...And now, Donald Sterling can ride off into the sunset with a different white whore every day for the rest of his life (--while Magic Johnson still has the AIDS)....SWEET vindication !!

 

[video=youtube;Fsbvo5GVK10]https://www.youtube.com/watch?v=Fsbvo5GVK10[/video]

Jealous cowards try to control
Rise above
We're gonna rise above
They distort what we say
Rise above
We're gonna rise above
Try and stop what we do
Rise above
When they can't do it themselves

We are tired of your abuse
Try to stop us it's no use

Society's arms of control
Rise above
We're gonna rise above
Think they're smart
Can't think for themselves
Rise above
We're gonna rise above
Laugh at us
Behind our backs
I find satisfaction
In what they lack

We are tired of your abuse
Try to stop us it's no use

We are born with a chance
Rise above
We're gonna rise above
I am gonna have my chance
Rise above
We're gonna rise above

We are tired of your abuse
Try to stop us it's no use

Rise above
Rise above
Rise above
We're gonna rise above
We're gonna rise above
We're gonna rise above