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Filthy Billionaire Steve Ballmer to buy Clippers for.....$$$TWO BILLION???

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Legend
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Posted: #1
My God in Heaven..... 

Former Microsoft chief executive Steve Ballmer won a frenetic bidding war for ownership of the Los Angeles Clippers, with his $2-billion offer setting a record price for an NBA team, The Times has learned.

"Unlike other bidders, he did not immediately seek out partners for the purchase of the Clippers."

He wants it all for himself.... 
https://www.latimes.com/sports/la-sp-sn-clippers-sale-ballmer-20140529-story.html
 
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Posted: #2
Good.  As long as that cock sucking Magic Johnson has nothing to do with it! 
 
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Posted: #3
he was a shytty ceo ....
 
Legend
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Posted: #4
$1 billion was an insane figure. $2 billion? That's beyond astronomical.
 
Captain
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Posted: #5
That's a huge #. I am floored but he's got the $ and if you want to win bid high so well done.
 
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Posted: #6

I'd like to forsee a change in this world, where all of a sudden great minds and teachers are the "role models" and all of the nouveau riche elite are looking to "back" the next "Einstein"................

Oh, who am I kidding!!! PEOPLE ARE IDIOTS!!!!!! You go Steve Ballmer!!!! Buy that lackluster sports team in the fairweather fan market of L.A.!!!! How's it going for that weird Middle Eastern Guy who bought the Jacksonville Jaguars! He's making money hand over fist!!! Oh, wait...........

 
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Posted: #7
Wait we are supposed to worship magic....the same guy who cheated on his wife and family for years nailing any hooker or whatever came along then caught aids and still had unprotected sex with his wife cookie.....then begged for forgiveness from the world and received it......once a liar and cheater always a liar and cheater..... I would trust magic as far as I could see him .......cheating aids infected liar
 
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Posted: #8
take that oprah, and you too magic the pig johnson
 
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Posted: #9
VGPOP, they're still negotiating the deal and the sale hasn't been finaled.
 
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Posted: #10
Btw, the dude is worth 20B.
 
Legend
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Posted: #11
Quote Originally Posted by Copag07:

VGPOP, they're still negotiating the deal and the sale hasn't been finaled.

I know. But what is there to wait?


 
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Posted: #12
Donald is going to get rewarded and extra billion because of this? Wow, what a punishment.   Did V leaking this help or hurt him?
 
Legend
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Posted: #13
Steve Ballmer is not purchasing Clippers as an investment. Like ESPN was reporting.

This is a toy for him. 

A very expensive (not for him) toy.
 
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Posted: #14
Rickster2312...Im glad somebody else can see right threw him...i 100% agree with u...believe me im no better, it just irritates me how naive people are, actully thinking Magic Johnson is a rightious person..unreal
 
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Posted: #15
CNN is reporting the bid is now $1.8 billion.
 
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Posted: #16
Effe Magic
 
Legend
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Posted: #17

This isn't a victory for sterling after he pays the taxes that come will this sale.  All he ever wanted was the celebrity owning team brought him.

22nd
 
Legend
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Posted: #18
It's official. Ballmer signs deal.

$2 billion dollars. 

That's $2,000,000,000

NBA has to approve sale. But who would reject this guy?



 
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Posted: #19
 
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Posted: #20
Even billionaires make bad investments. .... terrible investment but I guess it's like me losing 2k on a single bet...lol.
 
Legend
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Posted: #21

As a business transaction, this was an absolute no brainer. Even though his reputation is absolute ruined, but this guy should THANK Viviano for this.

He is the one coming out as a winner.

$12.5 million purchase and selling it for $2 billion 33 years later.

Even with adjuster for inflation, it's an astronomical number.

 
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Posted: #22

On a $2 billion sale, the Sterlings would pay approximately $662 million in capital gains taxes, according to accountant Robert Raiola, sports and entertainment senior group manager at O'Connor Davies LLP in New Jersey.

 
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Posted: #23
Never thought I would see the day when the Clippers franchise is worth more than the Lakers...wow
 
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Posted: #24
Quote Originally Posted by rod_steel:

Never thought I would see the day when the Clippers franchise is worth more than the Lakers...wow

Has nothing to do with worth or value. It's all relevant to his bankroll and how he wants to spend his fortune. If you had $100,000 in the bank would you pay $10,000 to play golf with Tiger Woods? He wanted the team, didn't want a bidding war and wanted a quick transaction. Just money in an account. He's a WOLF, we are sheep. 
 
 
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Posted: #25
No way the Clippers franchise is worth as much as the Dallas Cowboys!  Why would he overpay by a billion dollars?
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