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LA Clippers Sold to Former Microsoft CEO Steve Ballmer for $2 Billion (Report)

6/17/2014

By L.A. Ross
TheWrap

Former Microsoft CEO Steve Ballmer has outbid competitors to purchase the Los Angeles Clippers for a record $2 billion from disgraced owner Donald Sterling, the Los Angeles Times reported Thursday.

The bid exceeded a $1.6 billion offer from David Geffen and the Guggenheim Group and a $1.2 billion bid from Los Angeles-based investors Tony Ressler and Steve Karsh.

More to come…

The post LA Clippers Sold to Former Microsoft CEO Steve Ballmer for $2 Billion (Report) appeared first on TheWrap.

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