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

Posted on 5/30/14 at 9:12 am to
Posted by cwill
Member since Jan 2005
54752 posts
Posted on 5/30/14 at 9:12 am to
The franchise sucked for years because he was such a tight wad but in the last 10 or so he's made a concerted effort to win...I think the old man desperately wanted an NBA title before he shucked his mortal coil.
Posted by onmymedicalgrind
Nunya
Member since Dec 2012
10590 posts
Posted on 5/30/14 at 9:12 am to
The bigger winner in all this is Sterling's wife, not him.
Posted by cwill
Member since Jan 2005
54752 posts
Posted on 5/30/14 at 9:15 am to
+3 kids.
Posted by jb4
Member since Apr 2013
12642 posts
Posted on 5/30/14 at 9:17 am to
Clearly Money is no issue for Ballmer. I wonder if he will spend another Billion, 2 or 3 does it matter for him, and move em. Build an arena in seattle and buy an NHL team. Why own the clippers who are a second tenant in LA?
This post was edited on 5/30/14 at 9:18 am
Posted by cwill
Member since Jan 2005
54752 posts
Posted on 5/30/14 at 9:17 am to
He has stated he won't move the team. Clippers are in a position to become the best ticket in the best basketball market...Laker's are imploding.
Posted by Anfield Road
Liverpool Fan
Member since May 2012
1940 posts
Posted on 5/30/14 at 9:19 am to
For $4 billion (Market cap of NYSE:MSG), he could have bought Madison Square Garden Company which includes all of the following:

Madison Square Garden
New York Knicks
New York Rangers
Radio City Music Hall
Beacon Theatre
Chicago Theatre
The Great Western Forum
New York Liberty
Hartford Wolf Pack
Posted by onmymedicalgrind
Nunya
Member since Dec 2012
10590 posts
Posted on 5/30/14 at 9:19 am to
Yep.

Lets recap: Sterling's name has been totally dragged through the mud, he is in the process of being kicked out of the NBA against his will, he has been ruled mentally unfit and now his wife has decided to sell his team and there's not much he can do about it. But yep, he definitely showed all of us!!!
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
73312 posts
Posted on 5/30/14 at 9:22 am to
He has a prenup.

Posted by SammyTiger
Baton Rouge, LA
Member since Feb 2009
66383 posts
Posted on 5/30/14 at 10:52 am to
quote:

I guarantee he'd rather still own the team and go to games.


then have a billion fricking dollars?
Posted by Vegas Bengal
Member since Feb 2008
26344 posts
Posted on 5/30/14 at 10:55 am to
quote:

then have a billion fricking dollars?


Which is in a trust over which your soon to be divorced ex wife is the sole trustee.
Posted by Green Chili Tiger
Lurking the Tin Foil Hat Board
Member since Jul 2009
47589 posts
Posted on 5/30/14 at 10:58 am to
quote:

then have a billion fricking dollars?


This isn't some rags to riches story. Didn't he already have a billion fricking dollars?
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