Menu
Trending: Holiday Gifts | CES 2015 | Super Bowl 2015 Ads More Topics: Apple | Cars | TV Shows | Politics
Star Wars Christmas Lights Video Goes Viral

Star Wars Christmas Lights Video Goes Viral

CES 2015: LG will unveil its New 4K Ultra HD TV with Quantum Dot Technology

CES 2015: LG will unveil its New 4K Ultra HD TV with Quantum Dot Technology

Budweiser Super Bowl 2015 Ad leaks

Budweiser Super Bowl 2015 Ad leaks

The Best 2014 Super Bowl Ads

The Best 2014 Super Bowl Ads

Tesla Roadster Makes Comeback

Tesla Roadster Makes Comeback

Steve Ballmer Is Official New Owner of Los Angeles Clippers

Aug 12 2014, 8:03pm CDT | by , in News | Latest Sports News

Steve Ballmer Is Official New Owner of Los Angeles Clippers
Photo Credit: Getty Images
/* Story Top Left 2010 300x250, created 7/15/10 */ google_ad_slot = "8340327155";
 
 

Steve Ballmer became the official new owner of the Los Angeles Clippers on Aug. 12.

Steve Ballmer is officially the new owner of the Los Angeles Clippers

The Clippers issued a press release on their official website on Aug. 12: 

"The Los Angeles Clippers today announced that the transaction in which Steve Ballmer purchased the Los Angeles Clippers closed today following the entry of an order by a California court confirming the authority of Shelly Sterling, on behalf of the Sterling Family Trust, to sell the team. 

"The NBA Board of Governors previously approved the sale and Mr. Ballmer is now the Clippers Governor.

"'I am humbled and honored to be the new owner of the Los Angeles Clippers,' Mr. Ballmer said. 'Clipper fans are so amazing. They have remained fiercely loyal to our franchise through some extraordinary times. I will be harcore in giving our team, our great coach, staff and players the support they need to do their best work on the court.

"And we will do whatever necessary to provide our fans and their families with the best game-night experience in the NBA. I look forward to meeting our fans at our STAPLES Center Fan Festival on Monday, Aug. 18 at 12:30 p.m. PT.'

"'This is an amazing new day in Clippers history,' Clippers President of Basketball Operations and Head Coach Doc Rivers said. 'I couldn't be more excited to work together with Steve as we continue to build a first-class, championship organization. I am already inspired by Steve's passion for the game, his love of competition and desire to win the right way and I know our players and fans are going to be inspired as well.'

"Ballmer, Doc Rivers and Clippers players will be in attendance at a Clippers Fan Festival that will be open to the general public on Monday, Aug. 18 at STAPLES Center at 12:30 p.m. PT."

Ballmer purchased the team for $2 billion in May but the sale only became official on Tuesday when a court order ruled in favor of Shelly Sterling's eligibility to sell the Clippers without the consent of her husband, Donald Sterling, per ESPN:

"The Los Angeles Clippers have a new owner. 

"Steve Ballmer's bid to purchase the Clippers closed Tuesday after the entry of an order by a California court confirmed the authority of Shelly Sterling to sell the team on behalf of the Sterling Family Trust, the league announced.

"Ballmer, the former Microsoft CEO, bid $2 billion for the Clippers in May but wasn't able to complete the sale until Tuesday's written court order affirmed Shelly Sterling's authority to sell the franchise without the consent of her husband, Donald Sterling. 

"'It's very, very exciting. I'm a basketball nut,' Ballmer said in an interview with ESPN's Ramona Shelburne. 'I've got time. I love Los Angeles. I love Seattle, too, which is where we have our home. But the notion of spending a lot of time in Los Angeles has been exciting to me for years. The community down there is great. I look forward to supporting the community, the fan base, the staff, Doc (Rivers) and the players to take this thing to higher heights.'

"Ballmer acknowledged there were some frustrating moments while the sale of the franchise was delayed by court proceedings but said he remained confident he'd be able to complete it.

"'My job has been to complete the deal and there were a lot of people, including me, working on it for a long time,' Ballmer said. 'Was I kind of itchy? Sure. But I knew the only thing I could do or should do was complete the final deal, and we were able to do that this morning.'

"The NBA's board of governors interviewed Ballmer on July 15, then took a vote electronically last week in which he was unanimously approved as an owner, sources told Shelburne. 

"Ballmer decided he would complete the sale as soon as Superior Court Judge Michael Levanas' written order came in, which occurred at 11:30 a.m. ET.

"'We were ready,' Adam Streisand, Ballmer's attorney, said. 'Within minutes, the deal was signed, sealed and delivered.'

"Ballmer plans to travel to Los Angeles later this week and have dinner with the team, then meet Clippers employees and fans at an event Monday.

 

"Ballmer's takeover of the Clippers follows weeks of legal tussling between Shelly and Donald Sterling, the 80-year-old billionaire whom the NBA banned earlier this year for making offensive remarks about blacks. Donald Sterling's attorneys' are still expected to appeal the sale, sources told Shelburne."  

For more of the hottest sports news, log on to Sport Balla today. 

You Might Also Like

Read the Latest

The Interview goes Viral Worlwide via Torrent Downloads

The Interview goes Viral Worlwide via Torrent Downloads Sony Pictures were looking hard for a way to distribute the movie when BitTorrent offered to put the movie in Torrent...

19 hours ago, 8:10am CST

BMW will unveil 6 Series and M6 Coupe, Gran Coupe and Convertible Models at the NAIAS 2015 in Detroit

BMW will unveil 6 Series and M6 Coupe, Gran Coupe and Convertible Models at the NAIAS 2015 in Detroit At the Detroit Auto Show 2015, BMW will present the new models including BMW 6 Series Convertible, BMW 6 Series Coupe,...

19 hours ago, 7:32am CST

CES 2015 News
After Christmas Sales 2014 have some Really Cool Stuff for Everyone

After Christmas Sales 2014 have some Really Cool Stuff for Everyone The after Christmas sales 2014 have some really funky and cool stuff for nearly everyone. There are gadgets and...

20 hours ago, 7:03am CST

Jennifer Lawrence Kids Hospital Christmas Visit Photos go Viral

Jennifer Lawrence Kids Hospital Christmas Visit Photos go Viral The Hunger Games star visited the kids hospital in her hometown Louisville, Kentucky on Christmas Eve. She also visited...

21 hours ago, 6:13am CST

Sony Xperia Z4 to Launch at CES 2015

Sony Xperia Z4 to Launch at CES 2015 Sony Xperia Z4 Ultra may see the light soon at the CES 2015 after the new leaked information.

21 hours ago, 5:24am CST

Nadine Leopold Instagram Hottest Pictures

Nadine Leopold Instagram Hottest Pics Victoria’s Secret supermodel, Nadine Leopold and Harry Styles may be much more than just good friends. She may be his...

21 hours ago, 5:21am CST

Kodak debuts its First Range of Android-powered Mobile Devices at CES 2015

Kodak debuts its First Range of Android-powered Mobile Devices at CES 2015 Kodak partners with Bullitt Group to launch a new range of Android powered mobile devices at CES 2015.

22 hours ago, 4:36am CST

Mozilla and KDDI debut Fx0, First Firefox OS Smartphone with 4G LTE and NFC

Mozilla and KDDI debut Fx0, First Firefox OS Smartphone with 4G LTE and NFC The services, Mozilla and KDDI, have introduced first Firefox OS smartphone 'Fx0', based on Web technology...

22 hours ago, 4:21am CST

Marshawn Lynch Touchdown Fine is $11,050

Marshawn Lynch Touchdown Fine is $11,050 Marshawn Lynch was awarded an $11,050 touchdown fine for bad behavior (one of the most ridiculous 79-yard runs) on the...

23 hours ago, 3:41am CST

Elon Musk says new Tesla Roadster has almost 400 mile Range

Elon Musk says new Tesla Roadster has almost 400 mile Range Elon Musk tweeted that the new Tesla Roadster has almost a 400 mile range. More details of the new Tesla Roadster are...

23 hours ago, 3:32am CST

CES 2015 gets Highest Honors for Creative Campaigns

CES 2015 gets Highest Honors for Creative Campaigns Tradeshow, MarCom and Visual Arts Professionals have recognized CES’s superb advertising and marketing campaigns. The...

23 hours ago, 3:29am CST

Xbox and PlayStation Networks hacked by Lizard Squad on Christmas

Xbox and PlayStation Networks hacked by Lizard Squad on Christmas The Xbox and Playstation online services have unfortunately been hacked and disabled by a group of no-gooders known as...

1 day ago, 2:19am CST

Facebook launches FaceTube to compete YouTube

Facebook launches FaceTube to compete YouTube It has established that all businesses on Facebook will be offered a featured video strip with the latest videos...

1 day ago, 12:28pm CST

LG makes 4 additions to wireless speakers range for CES

LG makes 4 additions to wireless speakers range for CES The new additions include a battery-powered portable wireless speaker, two sound bars and a streaming 3D Blu-ray Player

1 day ago, 12:26pm CST

First Shelby GT 350 Mustang to be Barrett-Jackson's Scottsdale sale

First Shelby GT 350 Mustang to be Barrett-Jackson's Scottsdale sale The proceeds of the sale are going to be donated to the Juvenile Diabetes Research Foundation (JDRF)

1 day ago, 11:54am CST

LG Exec Could Be Banned From CES For Sabotaging a Washing Machine

LG Exec Could Be Banned From CES For Sabotaging a Washing Machine Samsung filed a lawsuit for property damage and defamation against five LG execs back in September

1 day ago, 9:57am CST

Madonna Tracks Leak Online Again from Rebel Heart

14 More Madonna Tracks Leak Madonna’s new album Rebel Hearts has already been hacked once before. Five of the tracks were officially released on...

1 day ago, 8:38am CST

MINI John Cooper Works Hardtop to be displayed at the NAIAS Detroit 2015

MINI John Cooper Works Hardtop to be displayed at the NAIAS Detroit 2015 BMW’s famous mini cooper’s new design will be displayed at the NAIAS 2015 in Detroit.

1 day ago, 8:18am CST

Sarah Palin Channel Wardrobe Controversy Video was a Publicity Stunt?

Sarah Palin Channel Wardrobe Controversy Video was a Publicity Stunt? Most people are talking about the one term governor’s show of skin on live channel. Sarah Palin ran for the Vice...

1 day ago, 7:54am CST

Patchworks to represent North and South America at CES 2015

Patchworks to represent North and South America at CES 2015 Patchworks Global Inc. make flawlessly engineered products for iPhone Screen Protection that it will display at the CES...

1 day ago, 7:47am CST

How to Watch The Interview Online Right Now

How to Watch The Interview Online Right Now Sony Pictures announce the online release of ‘The Interview’ with the help of online sources. Google, Microsoft and...

1 day ago, 7:05am CST

Luxoft Software Development Services will also participate in CES 2015 and CTS 2015

Luxoft Software Development Services will also participate in CES 2015 and CTS 2015 It seems everyone is eager to take part in the CES 2015.

1 day ago, 6:13am CST

First Alert also to take on the Polar Vortex at CES 2015

First Alert also to take on the Polar Vortex at CES 2015 The new Onelink Series by First Alert introduces many new products which will be displayed at the CES 2015. New Onelink...

1 day ago, 5:20am CST

Uber CEO Charged with Illegitimate Business Practice in South Korea

Uber CEO Charged with Illegitimate Business Practice in South Korea The CEO of taxi service Uber has been charged with illegitimate business practice in South Korea.

1 day ago, 5:15am CST

NBA pulls Sorority Sisters Advertising

NBA pulls Sorority Sisters Advertising NBA has announced Wednesday to pull all advertising from VH1's Sorority Sisters show.

1 day ago, 4:33am CST

First Alert to debut Onelink Series of Smart Devices at CES 2015

CES 2015 to feature First Alert Onelink Series of Smart Devices These new and innovative products by First Alert will bring a new level of security and accessibility to Connected Home...

1 day ago, 4:27am CST

Acura NSX Production Model to debut at NAIAS 2015

Acura NSX Production Model to debut at NAIAS 2015 The luxury vehicle division of Honda Motor Company will be displaying its new model at the NAIAS 2015.

2 days ago, 3:00am CST

Renovo Coupe to be on display at CES 2015

Renovo Coupe to be on display at CES 2015 The first all-electric American supercar will be featured in the NVIDIA Booth (#30307)

2 days ago, 2:39am CST

CES 2015: SymbolShifters to unveil a New Method for connecting Traditional TV Broadcast to the Digital World

CES 2015: SymbolShifters to unveil a New Method for connecting Traditional TV Broadcast to the Digital World At CES 2015, a new American company, SymbolShifters is planning to introduce a method for connecting traditional TV...

2 days ago, 2:28am CST

PlayStation Now Game Streaming Service arriving on Samsung Smart TVs Next Year

PlayStation Now Game Streaming Service arriving on Samsung Smart TVs Next Year The Sony PlayStation game streaming service "PlayStation Now" is arriving soon on Samsung Smart TVs. In fact...

2 days ago, 1:59am CST

Comments

blog comments powered by Disqus