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John and Ken

Clipper sale to ex-Microsoft CEO official

 
Posted August 12th, 2014 @ 2:28pm

Steve Ballmer officially became the new owner of the Los Angeles Clippers on Tuesday for a record $2 billion.

The team said the sale closed after a California court confirmed the authority of Shelly Sterling, on behalf of the Sterling Family Trust, to sell the franchise to the former Microsoft CEO. Her estranged husband, Donald Sterling, had unsuccessfully fought the sale of the team he owned since 1981 in court.

The NBA Board of Governors had previously approved the sale.

"Really excited — in a pretty hardcore way — to continue the path to making the Clippers a better and better basketball team, and a better and better citizen of the Los Angeles community," Ballmer told The Associated Press in a phone interview.

Adam Streisand, Ballmer's attorney, said Tuesday that Superior Court Judge Michael Levanas signed the order authorizing the sale even if Donald Sterling's attorneys filed an appeal.

"We were ready," Streisand said. "Within minutes, the deal was signed, sealed and delivered."

He said even if Donald Sterling seeks an emergency order directing the judge to vacate his order, the attorney is confident an appellate court would agree that Levanas made the correct decision.

Donald Sterling's attorneys weren't immediately available to comment.

Read more at KFI News

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