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Monday, 2 June 2014

Donald Sterling Sells LA Clippers For $2 Billion...

Donald Sterling Sells LA Clippers for $2 Billion

Embattled LA Clippers owner Donald Sterling has sold the NBA team to former Microsoft CEO Steve Ballmer for a whopping $2 billion. Balimer outbid former NBA star Grant Hill, who offered $1 billion, and a group of wealthy business people that included Oprah Winfrey.





The sale was completed almost a month to the day after Donald Sterling was heard on an audio tape telling his ex-mistress not to bring black people to his games — especially NBA legend Magic Johnson.

As a result of the backlash, NBA commissioner Adam Silver hit Sterling with a lifetime ban, imposed a $2.5 million fine and ordered Sterling to sell the team.

Sterling’s estranged wife, Rochelle, negotiated the sale of the team.

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