STERLING

SOLD: The L.A. Clippers Have A New Owner

(AllHipHop News) The former CEO of Microsoft Steve Ballmer has seemingly become the new owner of the Los Angeles Clippers.

Ballmer has submitted a $2 billion offer to buy the team, a record bid for an NBA team.

The the business man’s bid bested Oprah Winfrey, David Geffen, Larry Ellison and others looking to purchase the basketball franchise.

Only the $2.1 billion Magic Johnson and The Guggenheim Partners paid for the Los Angeles Dodgers tops Ballmer’s offer.

Donald Sterling recently signed a letter to give him wife authorization to field offers for the team and she has accepted this bid, reports the Los Angeles Times. Sterling, who was decimated in the court of public opinion for racist comments, has to agree for the sale to be finalized. Previously, he has vowed not to sell at all.

Ballmer lives in Seattle, but has promised to keep The Clippers in Los Angeles. He is worth $20 billion.

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