Tag: NBA’s Los Angeles Clippers

Ex-Microsoft CEO Ballmer to buy NBA’s LA Clippers for $2 billion: source

(Reuters) – Former Microsoft Corp Chief Executive Officer Steve Ballmer won the bidding war for the NBA’s Los Angeles Clippers franchise with a $2 billion offer, a record for a professional basketball team, a source with knowledge of the bidding said on Thursday.  Ballmer outbid two groups, one led by media mogul David Geffen that offered $1.6 billion that included TV talk show maven Oprah Winfrey and Oracle Corp CEO Larry Ellison, the source said. […]