Steve Ballmer, the former CEO of Microsoft, has made the winning bid of $2 billion to purchase the Los Angeles Clippers, the Los Angeles Times reported on Thursday.
Citing unnamed sources, ESPN's Darren Rovell reported that Ballmer beat the bids of groups led by David Geffen and Los Angeles investors Tony Ressler and Steve Karsh.
Clippers owner Donald Sterling, who was banned from the NBA for life by league commissioner Adam Silver after recordings of him making racist comments were made public, had authorized his wife Shelly to negotiate a sale of the team, per the Associated Press. But as the Los Angeles Times notes, "the tentative deal still must receive [his] blessing."
The AP reported on Wednesday that Shelly Sterling was reviewing bids from five groups.
This story is developing.
Source: huffingtonpost.com
Clippers owner Donald Sterling, who was banned from the NBA for life by league commissioner Adam Silver after recordings of him making racist comments were made public, had authorized his wife Shelly to negotiate a sale of the team, per the Associated Press. But as the Los Angeles Times notes, "the tentative deal still must receive [his] blessing."
The AP reported on Wednesday that Shelly Sterling was reviewing bids from five groups.
This story is developing.
Source: huffingtonpost.com
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