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Former Microsoft CEO Steve Ballmer to buy L.A. Clippers

Discussion in 'NBA Dish' started by J.R., May 29, 2014.

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  1. Icehouse

    Icehouse Member

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    I believe someone bought 5% of the Lakers for 150M a few years ago. So I would disagree. ;)
     
    #61 Icehouse, May 29, 2014
  2. Icehouse

    Icehouse Member

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    But doesn't he control the trust? If it were that simple to just get the trust to agree and bypass him then there would be no need to vote him out, etc. Something is missing.
     
    #62 Icehouse, May 29, 2014
  3. J.R.

    J.R. Member

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    <blockquote class="twitter-tweet" lang="en"><p>Steve Ballmer has told friends he intends to move to Los Angeles.</p>&mdash; darren rovell (@darrenrovell) <a href="https://twitter.com/darrenrovell/statuses/472202798831251456">May 30, 2014</a></blockquote>
    <script async src="//platform.twitter.com/widgets.js" charset="utf-8"></script>

    <blockquote class="twitter-tweet" lang="en"><p>David Stern nixing Chris Paul deal to the Lakers &amp; stopping Steve Ballmer from buying the Kings sure have done wonders for the Clippers</p>&mdash; Mark Medina (@MarkG_Medina) <a href="https://twitter.com/MarkG_Medina/statuses/472202996785614849">May 30, 2014</a></blockquote>
    <script async src="//platform.twitter.com/widgets.js" charset="utf-8"></script>
     
    #63 J.R., May 29, 2014
  4. khyberjones

    khyberjones Member

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    As a Clipper season ticket holder, I feel like the value of my seats just went up substantially. With a real owner, the Clippers are going to be a leading franchise in the NBA. I wouldn't be surprised to see them rebrand the team.
     
    #64 khyberjones, May 29, 2014
    1 person likes this.
  5. TheRealist137

    TheRealist137 Member

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    Ballmer is a bored billionaire now that he was ousted out of Microsoft. He just wants something to do. I'm sure he was bored out of his mind these last few months doing nothing. 2 billion is still nothing to him.
     
    #65 TheRealist137, May 29, 2014
  6. The Situation

    The Situation Member

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    Lin for CP3 & Griffin
     
    #66 The Situation, May 29, 2014
  7. REEKO_HTOWN

    REEKO_HTOWN I'm Rich Biiiiaaatch!

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    $2 billion is 1/6 of his wealth. It's like buying a house for him
     
    #67 REEKO_HTOWN, May 29, 2014
  8. txppratt

    txppratt Member

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    jeremy lin - ballin for the clips - he could do worse
     
    #68 txppratt, May 29, 2014
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  9. Major

    Major Member

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    That's true of all bubbles... until they burst.
     
    #69 Major, May 29, 2014
  10. TheRealist137

    TheRealist137 Member

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    1/6? According to Wikipedia he has 18-20 billion.

    So it's like 1/9 of his wealth, but there are diminishing returns. So he had 18 billion but now he has 16 billion. That is not a big difference at all.
     
    #70 TheRealist137, May 29, 2014
  11. shastarocket

    shastarocket Member

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    1/9th of your wealth for a title contender in a massive market is a fantastic investment
     
    #71 shastarocket, May 29, 2014
  12. basketballholic

    basketballholic Member

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    I knew somebody was coming with that.
     
    #72 basketballholic, May 29, 2014
  13. mick fry

    mick fry Member

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    No doubt, but its still the Clippers. :rolleyes:
     
    #73 mick fry, May 29, 2014
  14. Angkor Wat

    Angkor Wat Member

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    lets not get greedy here, i will be content with lin for cp3 :grin:
     
    #74 Angkor Wat, May 29, 2014
  15. Icehouse

    Icehouse Member

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    I think a professional sports franchise in LA is about as safe as you can get. Unless Cali falls into the ocean.
     
    #75 Icehouse, May 29, 2014
  16. Air Langhi

    Air Langhi Contributing Member

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    Hasen't burst yet.
     
    #76 Air Langhi, May 29, 2014
  17. Major

    Major Member

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    That's what Time Warner was thinking when they paid $2 billion for the media rights for the Dodgers. Didn't work out so well for them. It turns out there are limits to everything.

    Also true of all bubbles, until they do.
     
    #77 Major, May 29, 2014
  18. J.R.

    J.R. Member

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    <blockquote class="twitter-tweet" lang="en"><p>Espn has learned that experts had declared Donald Sterling mentally incapacitated, leaving Shelly as sole trustee &amp; power to sell the team</p>&mdash; Ramona Shelburne (@ramonashelburne) <a href="https://twitter.com/ramonashelburne/statuses/472212005252628480">May 30, 2014</a></blockquote>
    <script async src="//platform.twitter.com/widgets.js" charset="utf-8"></script>
    <blockquote class="twitter-tweet" lang="en"><p>The Sterling Family Trust had rules &amp; guidelines about mental incapacitation. Very recently, Donald was found by experts to be incapacitated</p>&mdash; Ramona Shelburne (@ramonashelburne) <a href="https://twitter.com/ramonashelburne/statuses/472212586197307392">May 30, 2014</a></blockquote>
    <script async src="//platform.twitter.com/widgets.js" charset="utf-8"></script>
    <blockquote class="twitter-tweet" lang="en"><p>Once that happened, Shelly became sole trustee and had power to do deal w/ Ballmer, which is now being sent directly to the NBA for approval</p>&mdash; Ramona Shelburne (@ramonashelburne) <a href="https://twitter.com/ramonashelburne/statuses/472212882722004993">May 30, 2014</a></blockquote>
    <script async src="//platform.twitter.com/widgets.js" charset="utf-8"></script>
     
    #78 J.R., May 29, 2014
  19. aurocketfan

    aurocketfan Member

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    Geez...Wonder how much Miami would cost..with the best player on the planet.
     
    #79 aurocketfan, May 29, 2014
  20. thedude077

    thedude077 Member

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    Thanks Mr.Negative.
     
    #80 thedude077, May 29, 2014
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