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.”
The big story over the weekend was the racist comments allegedly made by the owner of the LA Clippers. Donald Sterling.
In a story that was originally reported by TMZ sports, Sterling is heard on audio in a very angry tone, saying that he doesn’t want black people brought to his games. One of the black people he was referring to, was magic Johnson. After hearing that he was a direct target of Sterling’s racism, Magic Johnson vowed never to step foot in the Clippers arena again.
But what if, just go with me on this one, but what if Magic Johnson wants to buy the LA Clippers? How great of a story would that be?
Well the story might really happen. According to report Yahoo Sports, Magic Johnson is looking into the possibility of buying the Clippers.
Magic Johnson and his billionaire backers, the Guggenheim Partners, want a chance to purchase the Los Angeles Clippers, league sources told Yahoo Sports. “Magic’s absolutely interested,” one source closely connected to Johnson’s business interests told Yahoo Sports on Sunday night.
To bail themselves out of the NBA’s worst crisis of credibility since the Tim Donaghy officiating scandal, the easy part for the NBA will be enlisting the eagerness and financial muscle of Magic Johnson and Mark Walter of the Guggenheim Partners – owners of the Los Angeles Dodgers.
Make no mistake: Magic’s Dodgers group is angling for a Southern California sports empire. Magic Johnson and Guggenheim had been aggressive in pursuing a purchase of the Los Angeles Lakers – only to have the Buss family make clear to them the franchise isn’t for sale, sources told Yahoo Sports.
“This is 100 percent Magic’s plan,” a league official intimately involved in the buying and selling of franchises told Yahoo Sports.
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