Report: Steve Ballmer Has NOT Bought the L.A. Clippers Yet (Updated)

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While a number of mainstream news outlets have reported the L.A. Clippers have been bought by ex-Microsoft CEO Steve Ballmer for $2 billion, it appears this is untrue. Mr. Ballmer’s bid is said to be very strong and is heavily favored in the deal but the transaction has not finalized yet.

The deal will likely be finalized tomorrow. Donald Sterling’s ex-wife is currently reviewing all offers. There has been an immense amount of outrage online over the reports Mr. Ballmer would be buying the team. Many had hoped the team would be sold to an African American such as Magic Johnson or Oprah Winfrey.

See our earlier reports on the story:

Update: The Wall Street Journal is confirming Ballmer appears to be first in line, but the transaction has not been finalized yet.

Update 2 from LA Times: Ballmer bid higher than competitors that included Los Angeles-based investors Tony Ressler and Bruce Karsh and a group that included David Geffen and executives from the Guggenheim Group, the Chicago-based owner of the Los Angeles Dodgers. The Geffen group offered $1.6 billion and the Ressler-Karsh group $1.2 billion. People familiar with both those offers said they were rejected.

Source: TMZ

 

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Suril is a scientist, journalist and obsessive Microsoft observer. He holds an advanced degree in Biotechnology with minors in Biochemistry, Microbiology, and Molecular Biology. Send him tips on twitter: http://www.twitter.com/surilamin

  • donzebe

    Hope Steve Ballmer get it.

  • http://yourig.livejournal.com/ ZloiYuri

    And?..

  • Danny

    “Many had hoped the team would be sold to an African American such as Magic Johnson or Oprah Winfrey.”

    How pathetic.
    I truly hope Ballmer gets the team, if not because I like him then because I hope it angers those bigots.

    • NGM123

      Totally agree, what a disgustingly racist statement, if anyone announced they hoped a white American would buy the team there would be rioting in the streets, what a profoundly ugly statement, total BS.
      What is all most as disgusting is that t ANY one individual could afford to spend that much coin on purchasing a sports team.

      • Bugbog

        There are usually exceptions to the ‘racist application’ when it applies to a minority, given that, as far as I’m aware, there are currently no African-American team owners?

        The same rule applies when advocating for a ‘black or ‘female’ US president, as these are exception to the norm (of Caucasian male presidents).

        • LexicoRed

          Quality post^^^

        • NGM123

          Hear what your saying but IMO that doesn’t make it right, racism is a 2 way street and its ugly no matter which direction its travelling.

        • VeetQZ

          Appreciating seeing a particular race to have success is not racist, perceiving that appreciating as anti-Caucasian probably is…

          For example, I was very proud Nedalla, a Indian, was choosing to run Microsoft. He is a smart and gifted man that can be a role model for other like him. This appreciation has no bias towards any other race.

      • Guest

        Arguments about race is an easy distraction to keep people divided and ignoring the real issue; economic inequality. As long as people fight about race, gender and religion they won’t realize how much the 1% controls them.

  • Blaze Blue

    Lmao why was is it necessary to inclined us of well known people, about their race. Smh

  • ElDramar

    I think the big problem is that the clippers are only released in the United States. just another example of the lack of globalism shown by microsoft and its board members.

    • Guest

      That is good :-D

  • Guest

    When it comes to acting like a person who knows little about business, but has a huge ego, fiery temper and loves to be obnoxious there is no better job than being a sports franchise owner. Mr. Ballmer should fit right in.

    • McHale72

      Except he knows more about business than most of the “business experts” out there. Had he not, he wouldn’t have 2 billion lying around.

      • t

        Second cousin won $123 million playing the lottery, he like Ballmer was not a great business person just lucky. Both right place at the right time; my cousin happen to go to the gas station, Steve happen to met Bill.