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L.A. Clippers

SOLD!!!

5/29/2014 8:30 PM PDT BY TMZ STAFF
breaking news

Clippers Sold
Shelly Sterling has sold the L.A. Clippers to former Microsoft CEO Steve Ballmer for a whopping $2 billion.

As TMZ Sports reported ... the deal was signed just before midnight Thursday. The NBA must approve the sale, but our sources say NBA commissioner Adam Silver has been well aware of Shelly's negotiations with Ballmer and other potential buyers and will support it.

Donald Sterling has made rumblings he may challenge the sale, but he will almost certainly fail. 

TMZ Sports broke the story ... Donald gave Shelly sole control over the team -- allowing her to sell it -- and even sent a letter to Silver affirming that Shelly had the reins. 

As for Ballmer ... he vowed Thursday night to keep the team in Los Angeles. Ballmer is entrenched in Seattle -- which currently has no NBA team -- and even made a bid to buy the Sacramento Kings and move the team to the Emerald City.

It's pretty remarkable -- just one week ago, it appeared Silver would force an involuntary sale of the team, but Shelly and her lawyer, Pierce O'Donnell, took the initiative to solicit bids and ended up with a buyer pretty much everyone can get behind.

For more sports stories, check out tmzsports.com!
163 COMMENTS

No Avatar
46.

baby    

i guess HIV johnson's plan backfired.

113 days ago
47.

Devin    

Lmao

113 days ago
48.

JoeFrancis    

It's Ballmer, he hates being #2 (to the Lakers) at anything. If the clippers don't bring a championship in 5 years, they are heading to their new arena in Seattle.

113 days ago
49.

Truth    

The joke is on the PC Mafia. You just made $2 BILLION for this guy. And your gay hero Magic Johnson (who set this up) doesn't get to own the team. The joke is on YOU.

113 days ago
50.

B4-I-FU-RU-18?    

20Million investment,turns into 2Billion. Minus Capital gain taxes etc. Sterling still made off with a big chunk. Sucks that he was forced to sell. He should have fought .

113 days ago
51.

wesley    

2 billion for a team with no playoff wins or no championship....the Yankees are not worth that much....this sale is a bull**** sale if I ever seen one...now this is the American dream build a company then have it taken away from u...over something so stupid...

113 days ago
52.

harveyisalwaysright    

The Seattle Supersonics-I mean, the LA Clippers have been sold!

113 days ago
53.

TiTi    

CEO Steve Ballmer has a big ass head! DIzzam

113 days ago
54.

wheresmycoffee    

Looks like the Clippers better have an answer. What disllay will they have at ooening game, have all their sweatpants ready in the middle of the floor, and Put Them ON ...smh!! Win one Next year or else!! Now, prove it was Sterlings dark cloud that held you back

113 days ago
55.

Mypeoplesmh    

Booooooooo!!!!! I hope he make another billion from the nba when he sue them!!! I hope his wife don't see any of that money!! That's they did was trade a person with views you know for a closet racist!! This shyt is a travesty!!

113 days ago
56.

Applehead    

Who's uglier, Shelly or Ballmer?

113 days ago
57.

joe    

That will teach Sterling a lesson. Before he made his stupid comments the team was estimated to be worth $900,000,000. Now it is worth only $2,000,000,000.00. Wait, that's punishment?

113 days ago
58.

don deluxx    

And another White man takes over! Keepin' the plantation alive, eh?

113 days ago
59.

2-Bar Quack    

I got to laugh about this cause he bought the Clippers in 1981 for about $12 million.. Which means, even if you take 50 percent off due to half of it being his wife, that's 1 billion dollars on a 12 million dollar investment.

So Forcing him to sell the team, and he makes TONS MORE money...

113 days ago
60.

svt    

That's Great, keep the money and power together in one.

113 days ago
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