$3 billion dollars could be you Beats Music and Beats by Dre headphones, but $2 billion could by you the Los Angeles Clippers.
As we speculated earlier this week former Microsoft CEO, Steve “sweaty pits” Ballmer has emerged victorious in his bid for the Los Angeles Clippers.
The tenured, computer executive is actually good for the franchise not relying on partners to deal the deal. Ballmer is worth an estimated $20 billion dollars and has the resources to purchase the team on his own.
Ballmer has also been very active throughout his career in causes that support racial, and gender equality and was part of the big movement in the 90’s and early 2000s to conquer the digital divide.
Ballmer has been trying to purchase an NBA team for the last few years. Most recently, he was part of a group that tendered a bid for the Sacramento Kings, contingent on the league’s approval to move the team to Seattle where Ballmer and his family reside.
Ballmer was also a big part of a group that was trying block the move of the Seattle Super Sonics to Oklahoma City after Starbuck’s CEO sold the team in 2007 for a measly $350 million.
The Clippers are being sold after disgraced owner, Los Angeles based attorney Donald Sterling, succombed to his own racist remarks made in a telephone conversation made public by TMZ on April 25th. Those remarks at one point, singled out NBA legend Magic Johnson.
Ballmer has vowed to keep the team in Los Angeles. Earlier today he had said that purchasing the team for $2 billion was a fair price for the second largest media market in the nation and that it would make no sense to move the team to Seattle.