Updated 11:54 PM EST, Sun, Dec 22, 2024

NBA Update: Ex- Microsoft CEO Steve Balmer Officially Buys Los Angeles Clippers; $2 Billion Sale is Highest Ever for NBA Franchise

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The Los Angeles Clippers no longer belong to Donald Sterling. Phew.

USA Today reports that the sale of the other LA NBA franchise to ex-Microsoft CEO Steve Balmer was completed today, per an announcement on the NBA's website. The $2 billion price tag is the highest ever for an NBA franchise. 

Balmer released a statement staying he was "humbled and honored" to be the Clippers' new owner. He also praised Clipper fans, calling them "fiercely loyal," and "so amazing." Balmer also pledged to be "hard core" in terms of his commitment to the team and providing the support it needs in order to succeed. Balmer also promised fans the "best game-night experience in the NBA."

All of this comes after a heated battle in court during which the much maligned former owner, Donald Sterling, attempted to use every legal tactic imaginable to prevent the sale of his team by his wife, Shelly Sterling. But a judge ruled that Shelly Sterling acted lawfully and within her right as a trustee of Sterling's estate when she arranged the sale of the Clippers to Balmer. 

The sale comes as a huge relief to many in the Clippers organization, including head coach Doc Rivers who, along with some of the players, had publicly discussed boycotting the upcoming season or opting out of his contract if Sterling was still owner when the season begins this fall. Thankfully, that won't be the case, and Rivers called Tuesday's news, "an amazing new day in Clippers history."

Rivers released a statement regarding the sale, stating: "I couldn't be more excited to work together with Steve as we continue to build a first-class, championship organization." Rivers is also president of basketball operations for the club, and is therefore involved with personnel decisions. 

"I am already inspired by Steve's passion for the game, his love of competition and desire to win the right way and I know our players and fans are going to be inspired as well," said Rivers.

Things came to a head with Sterling last spring when candid audio recordings made by his companion V. Stiviano were made public in which Sterling made several racially-charged comments. The news about the comments broke during a crucial time during the Clippers playoff run, and players and coaches considered boycotting one or more playoff games in protest. 

Donald Sterling purchased the Clippers in 1981 for a reported $12.5 million. Just as recently as last month, during legal proceedings, Sterling claimed he would never sell the team. 

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