Former Microsoft CEO Steve Ballmer Wins Clippers Bid For $2 Billion

May 29, 2014

The former Microsoft chief executive reportedly outbid a group that included David Geffen and executives from the Guggenheim Group (owner of the Los Angeles Dodgers) with a number reaching $2 billion — a figure that isn’t only the second-largest sum for a North American sports franchise in history (only behind the Dodgers at $2.1 billion) but would quadruple the total of the largest sale of an NBA franchise.

Ballmer concluded the deal with Clippers co-owner Shelly Sterling with the signed contract sent to the NBA for approval, but Bobby Samini, an attorney for Donald Sterling, said “There’s been no sale. There can be no sale without Donald’s signature.” Although it was reported that Donald Sterling agreed last week to allow his wife to conduct the sale of the team — all of this of course coming after the mass exodus of Donald Sterling approval following his secretly taped racists remarks resulting in a lifetime ban from the NBA.

Ballmer is worth about $20 billion.

Josh Helmuth is the editor of CraveOnline Sports.

Josh is originally from the small berg of Arthur, Ill, proudly the Amish capital of the state. It also has one hell of a pumpkin patch.

Josh has enjoyed dipping his toes into a variety of careers since graduating from the University of Alabama, the most rewarding thus far having served as a youth director in southern California for four years, and his broadcasting career which has garnered two Emmy awards and three Edward R. Murrow Awards.

Josh enjoys loud rock music, Tom Hanks movies, dogs that like to cuddle and long runs. He is also always in search for America's greatest cheeseburger. Follow him here if you would like to be friends!