Former Microsoft CEO Steve Ballmer Agrees to Buy The Clippers

TPM reports that former Microsoft CEO Steve Ballmer has agreed to buy the Los Angeles Clippers for a record-breaking $2 billion. Now it’s up to others whether the deal goes through.

Shelly Sterling said in a statement issued late Thursday that she’d signed a binding contract for a sale of theClippers by The Sterling Family Trust to Ballmer in what would be a record deal if approved by the NBA.

Ballmer “will be a terrific owner,” Sterling said, “We have worked for 33 years to build the Clippers into a premier NBA franchise. I am confident that Steve will take the team to new levels of success.”