Finally, Steve Ballmer Becomes The Owner Of Los Angeles Clippers

14

After lots of legal struggle, former Microsoft CEO Steve Ballmer has become the owner of Los Angeles Clippers basketball team.

Back story,

The NBA (National Basketball Association) forced the Los Angeles Clippers owner Donald Sterling to sell the team after racist remarks were leaked by his girlfriend V Stiviano. Mr. Sterling handed control of the sale over to his ex-wife Shirley Sterling. Few months back, it was reported that Steve Ballmer has offered $1.8 billion for the Los Angeles Clippers and later it was confirmed via various reports. There is a case going on in court regarding the sale of Clippers to Steve Ballmer. Donald Sterling is opposing as sale while his wife Shirley Sterling is on the opposition side. On Monday, the court ruled that Shirley Sterling can sell the team to Steve Ballmer, the highest bidder for the team so far.

You can now expect Ballmer on the sidelines of NBA matches cheering for his team.



About Author

Pradeep, a Computer Science & Engineering graduate.

  • LexicoRed

    Just like Ballmer’s other acquisitions, Skype & Nokia prime examples, the man way overpaid again.

    • SpicyMikey

      I have no idea if MSFT paid too much for Nokia, but unfortunately they HAD to buy them. Nokia would surely have sold or had their phone division bought out by someone in China within 12 months. MSFT knew that and couldn’t let the anchor point of their current phone hardware business go down the tubes. They needed to buy Nokia about as much as they needed Balmer to extend his contract another 10 years, but unfortunately they really had no choice with Nokia

      • LexicoRed

        Yes they did, all they had to say is we gave it a shot, it did not work, time to let it die like Zune and focus on cross platform software and services to stop losing money and start maximizing profits for a stronger future.

        • SpicyMikey

          Well that would have been one valid option. Can’t argue with you there. But obviously the leadership at the time felt the WP OS platform was worth trying to save. Not sure they made the wrong call.

          I think, with the exception of the most fanatical followers of MSFT, most of us realize now that Microsoft has no more chance to dominate the mobile OS world than Apple has a shot of dominating the desktop OS world. That train has left the station, at least for the next 10-15 years.

          But there’s a strategic advantage to having a proprietary platform and complete vertical ecosystem. If not, Amazon, Facebook, etc. wouldn’t all be trying to establish one as well. MSFT just had to try to save it. Whether it will turn out to have made the difference, time will tell. I hope they succeed.

          • LexicoRed

            I am not in agreement with your final thesis but it is obvious you arrived at it with a degree of thoughtfulness and intelligence without the silly personal attachment. For that you deserve respect and look forward to additional post of your yours on the forum. Your a refreshing addition to the discussions.

            Take care.

          • SpicyMikey

            Thanks LexicoRed. We all bring different perspectives. Some on here seem to be a bit fanatical as if this was a game to be won or lost. For me, I am definitely rooting for them since my business hinges on their success, but I try to be pragmatic. I don’t think anyone is doing MSFT any favors by blowing smoke up their ass. I hope they read some of these boards. I expect better from them.

            They have made way too many silly mistakes with this venture into mobile. Clearly part of the problem is their competition. They’ve been out maneuvered by Google at every turn. Even Apple, with a HUGE head start is getting beaten badly by them. But regardless, they have to stop shooting themselves in the foot if they hope to have any chance.

          • LexicoRed

            None the less I wish you & your business luck while suggesting, like Microsoft, look into pursuing a cross platform strategy. ;)

          • SpicyMikey

            Thanks. I am doing just that! A little difficult since MSFT still dominates the business desktop, but trying to move some eggs into different baskets this year Wish me luck, while we both continue to hope MSFT gets smarter under Nadella

        • Orc

          Maximizing profits is the worse way to create a stronger future.

          Long term investments are the key.

          • Topsey

            True the Ballmer years proved that though poor investments will not help, hardware have been and will continue to be poor investments.

  • Topsey

    Gates is using his wealth to cure disease, Ballmer who is driven by ego & pride uses his wealth to buy a vanity project.

    Now Nadella with the help of Gates is cleaning up the mess of Ballmer and his ego left behind.

    • Orc

      Because buying a team is just waste of money? You can’t compare a business investment with charity. Remember that’s Gates charity projects are made possible because his previous business projects.

      • Topsey

        That is exactly the comparison, it reflects what motivates each men.

  • SpicyMikey

    Great. I’m sure we were all worried about that. Now we can sleep soundly tonight :)