Racism Award: $2B
May 30, 2014 6:28 AM Subscribe
posted by Etrigan (180 comments total)
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The Los Angeles Clippers will be sold
to former Microsoft CEO Steve Ballmer for $2 billion. The sale -- forced by the NBA's kicking out current owner
(and racist slumlord
) Donald Sterling -- will be formally conducted by the Sterling Family Trust, which technically owns the team. The Trust is currently controlled solely by Sterling's wife Shelly, who had her husband declared mentally incompetent
after a month of him declaring that he would never sell and that Magic Johnson is a bad role model.
The price annihilates the previous NBA franchise sale record of $550 million for the Milwaukee Bucks
that was just approved by the NBA two weeks ago.