Tuesday, 12 August 2014

Steve Ballmer Takes Over Ownership of Los Angeles Clippers

Steve Ballmer is the new owner of the Los Angeles Clippers, the NBA announced Tuesday, completing a $2 billion purchase from embattled former owner Donald Sterling.

The league, in a short statement, said
 "The transaction in which Steve Ballmer purchased the Los Angeles Clippers closed today following the entry of an order by a California court confirming the authority of Shelly Sterling, on behalf of the Sterling Family Trust, to sell the team."

Sale of L.A. Clippers to Steve Ballmer was completed today, NBA says.

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