Former Microsoft CEO Steve Ballmer agrees to buy Clippers.

[NatiboyB]

Honestly man I cant make sense of that shyt either especially SnapChat , it dont even got fukking ads

It has to be ulterior moves to acquire these apps. Im not a conspiracy theorist or anything but SnapChat for what? 6 billion? For what ?? I mean theres gotta be other reasons we just dont know about..



Magic Johnsons group and Geffen both made bids (and other people). They made bids of 1.2 billion and 1.6 billion. Ballmer just dropped the $2 billion himself (he didnt use a group, he is now SOLE owner of Clippers he dont gotta answer to no one but Silver )


People here say Microsoft money weak

How many Apple or Google execs own teams

This makes what? 2-3 Microsoft execs sole owners of major teams ?

Not everyone wants to own a team...some of those dudes probally ain't even into sports or don't think it's a good investment.

 

[itsyoung!!]

Not everyone wants to own a team...some of those dudes probally ain't even into sports or don't think it's a good investment.

Or they dont got $20 billion laying around like Microsoft execs do

 

[Field Marshall Bradley]

It just hit me, most professional sport franchises are worth less than Snapchat, WhatsApp, and Beats.

Equally valued with Oculus RIft

Fixed

 

[NatiboyB]

Or they dont got $20 billion laying around like Microsoft execs do

That's also true...alot of those wealthy types money is always tied up in shyt.

 

[newarkhiphop]

So what's Steve Ballmer up to now that Satya Nadella is running things at Microsoft? According to the LA Times, he's just made a tentative agreement to buy the Clippers for about $2 billion. After NBA commish Adam Silver (pictured above, with Ballmer at a Clippers game on May 11th) announced the league will force current owner Donald Sterling to sell the team after racist remarks he made leaked out, a number of potential bidders have appeared. According to the Times report, Ballmer bit out several other bids, including one from a group led by entertainment exec David Geffen for $1.6 billion. The ex-Microsoft CEO has a reported net worth of between $15 - $20 billion, so he can certainly afford it, with change left over to switch the mascot to something more familiar. There's no official announcement of the deal, and according to TMZ, negotiations are still under way with several bidders. Others like Grantland / ESPN's Bill Simmons are hearing the deal is just about done, with caveats that there are several hurdles before it's approved.

LA Times: Steve Ballmer agrees to buy the LA Clippers for $2 billion

 

[el_oh_el]

 

[Super Cheech]

Pay $2 BILLION for a team that was only estimated at being worth $600 million with a history of losing and no major tv network contract brehs.

 

[Maddmike]

Damn.​

 

[Spliff]

Ballmer's first game as owner:

 

[itsyoung!!]

Pay $2 BILLION for a team that was only estimated at being worth $600 million with a history of losing and no major tv network contract brehs.

dont they get a new tv contract this year though ?

 

[gho3st]

sets a weird standard.

be an open racist, increase the value of your team, sell it for several billion.

He took shyt further once he knew they were going to force him to sell. talked himself into 1 more billion than what he should have gotten for the team.

 

[Mr. Manhattan]

LA Windows

 

[AB Ziggy]

LA Windows 8

 

[Lord Scion]

Can't wait to see the Kinects take on the Heat in the finals next year.....