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Tag: Steve Ballmer

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  • New Clippers owner Steve Ballmer prizes team tested by adversity

    3 weeks ago

    After Steve Ballmer plunked down $2 billion for the NBA's Los Angeles Clippers, fans might expect the former Microsoft chief executive to be hitting the reset button on a team that has been through a nasty public fight over racism.

    Don't bet on it. That experience, Ballmer knows,...

  • Sterling’s last bid to halt L.A. Clippers sale blocked by court

    August 14, 2014 | 10:28 am

    Former Los Angeles Clippers owner Donald Sterling lost his final chance to block the $2 billion sale of the NBA team to former Microsoft Chief Executive Officer Steve Ballmer, when a California appeals court refused on Wednesday to halt the deal.

    The three-judge panel rejected...

  • Los Angeles Clippers sale to Steve Ballmer finalized, NBA says

    August 12, 2014 | 11:09 am

    Steve Ballmer, the former head of Microsoft, has completed his $2 billion purchase of the Los Angeles Clippers basketball team, ending a saga that began when former team owner Donald Sterling was heard making racist remarks to his girlfriend on a tape recording.

    The deal closed...

  • Judge allows $2 billion sale of NBA’s Los Angeles Clippers to proceed

    July 28, 2014 | 3:16 pm

    The record $2 billion sale of pro basketball's Los Angeles Clippers to former Microsoft Corp chief executive Steve Ballmer can proceed over the objections of co-owner Donald Sterling, a judge tentatively ruled on Monday.

    Los Angeles Superior Court Judge Michael Levanas said the...

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  • Sterling marriage ‘stress’ at issue as L.A. Clippers trial nears end

    July 24, 2014 | 5:32 pm

    Los Angeles Clippers owner Donald Sterling's bid to block the $2 billion sale of the NBA team in a probate trial entered its final stretch on Wednesday when his attorneys sought to prove his estranged wife improperly seized control of the franchise.

    Sterling's attorneys called...

  • Shelly Sterling to seek court backing as Clippers owner

    June 10, 2014 | 3:32 pm

    Shelly Sterling will seek an emergency court order confirming her as owner of the Los Angeles Clippers in a bid to block her estranged husband from having any say in the team's $2 billion sale, a source with knowledge of the matter said on Tuesday.

    Donald Sterling, 80, was banned...

  • Donald Sterling says Clippers not for sale, after all

    June 9, 2014 | 9:44 pm

    Basketball franchise the Los Angeles Clippers is not for sale, owner Donald Sterling said on Monday, vowing to fight to keep the team he built, NBC News reported, in the latest salvo of his battle with the league.

    Sterling, who was banned for life by the National Basketball...

  • NBA moves on Clippers sale, Sterling sues for $1 billion

    June 2, 2014 | 9:52 am

    The National Basketball Association said on Friday that it has reached an agreement with the estranged wife of Los Angeles Clippers owner Donald Sterling to sell the team, opening a new chapter for the franchise after 33 years under Sterling.

    Sterling, 80, was banned for life by...

  • NBA’s Clippers defy gravity with team’s record sale price

    May 30, 2014 | 2:12 pm

    Former Microsoft CEO Steve Ballmer's record $2 billion deal to buy the Los Angeles Clippers shows that star forward Blake Griffin and his monster slam dunks aren't the only things that defy gravity.

    When the National Basketball Association first hit Clippers owner Donald Sterling...

  • NBA wants vote on Sterling despite Clippers sale pact

    May 30, 2014 | 12:41 pm

    The NBA said Friday it will go ahead with a vote on terminating Donald Sterling's ownership of the Los Angeles Clippers, although it signaled that a proposal by Sterling's wife to sell the franchise was its preferred course.

    The National Basketball Association said in a statement...

  • Ex-Microsoft CEO Ballmer buys Clippers for $2 billion

    May 29, 2014 | 4:26 pm

    Former Microsoft Corp CEO Steve Ballmer has purchased the NBA's Los Angeles Clippers franchise for $2 billion, a record for a professional basketball team, sole trustee Shelly Sterling announced on Friday.

    In a news release from Greenberg Glusker, Sterling's counsel, she said she...

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