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re: Steve Ballmer officially owns the LA Clippers.

Posted on 8/12/14 at 12:04 pm to
Posted by Navytiger74
Member since Oct 2009
50458 posts
Posted on 8/12/14 at 12:04 pm to
quote:

After some temporary hurdles, Ballmer's $2 billion purchase of the team has now apparently been finalized and he can count himself among the league's 30 owners.


Thanks. My filter must be blocking out half the article or something.

$2B for an NBA team seems crazy. I know that's the figure that's been kicked around for some time, but damn. Wonder how that will impact the market for sports franchises. I don't think the frickin Cowboys have ever been valued that high.
Posted by BilJ
Member since Sep 2003
158849 posts
Posted on 8/12/14 at 12:12 pm to
a really rich guy wanted to own a team as a toy so he way overbid his competitors, I don't think it will over inflate the values of other teams.
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