The L.A Clippers Have Been Sold…

0529_Steve-Ballmer_shelly_sterling2b

Shelly Sterling has sold the LA Clippers to former Microsoft CEO Steve Ballmer for an asking price of $2 Billion. The deal was just signed before Midnight last night.

Before anything can be final the NBA must first approve of the sale, but sources are saying that NBA commissioner Adam Silver was aware of Shelly’s negotiations with Ballmer and other potential buyers.

Donald has made comments about challenging the sale but he will just fail completely. However he gave Shelly control over the team, meaning she would be responsible for selling it and he even sent a letter to commissioner Adam Silver, letting him know that Shelly had the control.

Ballmer is located in Seattle–which currently has no NBA team, so he has also made a bid to buy the Sacromento Kings and move them to Seattle. As for the Clippers, Ballmer did vow to keep the team in Los Angeles.

Just a week ago Silver was deciding whether he would have to force an Involuntary sale on the team, but Shelly and her lawyer Pierce O’ Donnell, solicit bids and found a buyer!

– Dallas Jordan

 

 

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s