
VOICED : Expresidente de Microsoft compra LA Clippers
Interactive Video
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Business, Social Studies
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9th - 12th Grade
•
Hard
Wayground Content
FREE Resource
Steve Ballmer, former Microsoft CEO, has agreed to purchase the Los Angeles Clippers for $2 billion, making it the most expensive team in NBA history. Despite the Clippers never winning an NBA title, the purchase price far exceeds Forbes' recent valuation of $550 million. The upcoming renegotiation of TV rights is expected to increase franchise values, especially in lucrative markets like Los Angeles. The sale requires approval from the other NBA team owners, which is anticipated to be a formality. This transaction ends Donald Sterling's ownership following his lifetime ban from the NBA due to racist remarks.
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