With his trademark top-of-the-lungs, high-fiving, rambunctious enthusiasm, former Microsoft Corp chief executive Steve Ballmer introduced himself to Los Angeles Clippers fans on Monday, promising a new era for the NBA team after former owner Donald Sterling was banned for life over racist remarks.
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.
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 Los Angeles Clippers could face an exodus of players, sponsors, fans and their coach if embattled owner Donald Sterling is still associated with the team, Richard Parsons, the franchise`s interim chief executive, said on Tuesday at a trial over the NBA team`s $2 billion sale.
Embattled Los Angeles Clippers owner Donald Sterling on Monday met with former Microsoft Corp Chief Executive Officer Steve Ballmer to discuss a possible settlement over Sterling`s opposition to the $2 billion sale of the basketball team, a source close to the case said.
Los Angeles Clippers co-owner Donald Sterling on Tuesday sparred with his estranged wife`s attorney at a trial over the $2 billion sale of the NBA franchise, interrupting and shouting during testimony and saying he wants to keep the team for financial reasons.
A lawsuit filed on Monday against Donald Sterling accuses the embattled Los Angeles Clippers owner of repeatedly subjecting a woman who worked for him to sexual demands and racist comments and says he ultimately fired her when she protested.
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.
The NBA said on Friday it plans to go ahead with a vote on terminating Donald Sterling`s ownership of the Los Angeles Clippers, although it signaled that an agreement struck by Sterling`s wife to sell the franchise was its preferred course.
A group that includes billionaire media executive David Geffen, television icon Oprah Winfrey and Oracle Chief Executive Officer Larry Ellison bid more than $1.5 billion for the Los Angeles Clippers professional basketball team, according to a person familiar with the bid.
Former Microsoft chief executive Steve Ballmer has offered $1.8 billion for the Los Angeles Clippers, Forbes magazine reported Thursday, with owner Donald Sterling facing moves by the NBA to strip him of the club.
The National Basketball Association said Wednesday its finance committee had discussed a response from Donald Sterling about orders to sell his pro basketball team for making racist remarks, and a vote remained scheduled for next week.