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re: Steve Ballmer to buy Los Angeles Clippers for NBA-record $2 billion

Posted on 5/29/14 at 8:14 pm to
Posted by cwill
Member since Jan 2005
54753 posts
Posted on 5/29/14 at 8:14 pm to
He's already a billionaire and 80 yrs old, he'd definitely prefer to remain the owner.

From the information I've read balmier is looking at a 15 - 20+ yr pay out. Unless there is some tremendous upside that's not a good deal on the buy side. But like sterling balmer is a billionaire and I don't think it's about investment; it's about buying something you just want because it's fun and you can afford it.
Posted by onmymedicalgrind
Nunya
Member since Dec 2012
10591 posts
Posted on 5/29/14 at 8:22 pm to
quote:

But like sterling balmer is a billionaire and I don't think it's about investment; it's about buying something you just want because it's fun and you can afford it.

Thats exactly whats going on.
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