Ex-Microsoft CEO Ballmer to buy NBA's LA Clippers for $2 billion - source

Former Microsoft Corp chief executive Steve Ballmer has won the bidding for the NBA's Los Angeles Clippers franchise with a $2 billion offer, a source with knowledge of the bidding said on Thursday.

Former Microsoft CEO Steve Ballmer has reportedly purchased the NBA's LA Clippers for $2 billion.

Ballmer outbid two groups, one led by media mogul David Geffen that offered $1.6 billion and another from Los Angeles investors who bid $1.2 billion.

An official representing Ballmer had no immediate comment.

The Clippers came up for sale after the NBA banned owner Donald Sterling for life because of racist remarks he made in a recorded conversation that was leaked last month to TMZ.com.

Sterling, who has vowed to fight the NBA's punishment, would have to approve the sale, as would league owners.

Share it

Tweet

About Author!

Hi! I am EDIT, a professional blogger who has been working online for previous 3 years and try to provide high quality content to our site readers. I love to write on Blogging, SEO, Making Money online and Web Designing tips and tricks.