Celebrities enter the arena

Famous bidders already lining up for LA Clippers.
Associated Press
May 1, 2014

 

If Donald Sterling is compelled to sell the Los Angeles Clippers, the list of potential buyers has more stars than their roster.

Oprah Winfrey is contemplating a bid. Sean Combs is a Knicks fan, but he wants in.

Floyd Mayweather Jr. wants the whole team. Matt Damon wants a tiny piece.

Billionaires, entertainers and athletes alike announced their intentions to pursue the Clippers with varying degrees of seriousness Wednesday, proving the longtime losers will be quite a prize if the NBA is able to wrest control of the team away from Sterling after his lifetime ban for racist remarks.

Winfrey led the list, and the media mogul is already bringing in her friends.

"Oprah Winfrey is in discussions with David Geffen and Larry Ellison to make a bid for the Los Angeles Clippers should the team become available," spokesperson Nicole Nichols confirmed in an email.

If Winfrey joins Geffen, the billionaire entertainment executive, and Oracle CEO Ellison to pool their vast resources for a bid, they could be among the top contenders for a franchise that would be among the most valuable sports properties to hit the market since the Los Angeles Dodgers' $2 billion sale in 2012 to the Guggenheim Partners group fronted by Magic Johnson, the Lakers great and another potential Clippers bidder.

The Clippers spent the last three decades rotting in the shadow of the glamorous Lakers, who piled up championships while the lowly Clips only racked up losses. With Sterling's ouster, the Clippers suddenly became the most attractive team in town to wealthy fans lining up for an unlikely chance to seize control of a Hollywood sports franchise on the move.

David Carter, the executive director of USC's Sports Business Institute, identifies multiple factors contributing to the Clippers' extraordinary value.

"Interest in the team results from the combination of NBA teams being rare assets that are seldom available for purchase, the location of this particular team, and potential owners' belief that revenue streams linked to rehabbing the brand and participating in future revenue linked to a new TV deal all make the team very attractive to prospective buyers," Carter said.

For a day, almost everybody seemed interested in being those buyers — and even entertainers without those limitless resources were clamoring for the chance.

Combs, Rick Ross and Snoop Dogg all aired their interest, as did longtime Clippers fan Frankie Muniz and Damon, who told CNBC he'd like to be a "super tiny minority investor." Fans also got in on the frenzy, opening campaigns on Kickstarter and Crowdtilt to pool their resources for the club.

Mayweather spoke seriously about his interest while preparing for his fight with Marcos Maidana this Saturday, although Money May would have to curb his enthusiastic sports gambling habit. Oscar De La Hoya, the majority shareholder in Golden Boy Promotions whose statue sits outside Staples Center, volunteered himself as a part-owner.

"The league has made it known that it wants more minorities involved, and as a proud Mexican-American, I will bring a different perspective to the NBA in general, and the Clippers in particular," De La Hoya said. "I was born and raised in Los Angeles. I know what it takes to run a successful sports entity."

A vocal segment of the NBA's social media following immediately started a campaign to move the Clippers to Seattle, a basketball-loving city that has been without a team since Clay Bennett moved the SuperSonics to Oklahoma City in 2008.

But much of the Clippers' value results from their location in the nation's second-largest city and their opportunity to sign a lucrative new television rights deal in 2016.

The Clippers' association with Sterling's racist remarks could have been crushing to their prestige and value, but they don't seem to be a problem if Sterling is no longer associated with the club.

"The short term damage has been dramatic, but Commissioner (Adam) Silver provided a tourniquet that has stopped the brand erosion," Carter said. "The NBA, working in conjunction with new ownership, will have an extraordinary opportunity to rehabilitate the team's reputation, and then extend its brand."

The Clippers haven't been known for success during most of their existence, but that's changing. And what's more, the Clippers are cool.

Led by point guard Chris Paul and high-flying forward Blake Griffin — two All-Stars signed to long-term contracts — the Clippers have won two straight Pacific Division titles and are on the brink of their third playoff series victory since Sterling bought the team in 1981.

The Clippers have captured the imagination of Los Angeles' counterculture, the transplants and contrarian fans who aren't interested in the Lakers' bandwagon. They're also attracting more of an international following with each highlight-reel performance by Paul and dunking virtuosos DeAndre Jordan and Griffin, who coined the phrase "Lob City" to describe their daredevil style of play.

And it doesn't hurt that the Lakers just finished their worst season in more than 50 years, missing the playoffs for just the third time in 38 seasons. The Lakers appear to be years away from title contention, while the Clippers are built to contend every year in the near future.

"We're proud of this team," Clippers guard Jamal Crawford said. "We're proud of our city, and we want to make them proud of us."

 

Comments

Darwin's choice

Sorry, wannabees, sterling isn't going anywhere. If the NBA tries to make that happen, they will have to take action against just about all the owners/players. As sad as sterling is, and he is a racist, he seems to have been set up, and even if not, opening this can of worms will surely be the demise of many.....of all races!

The Big Dog's back

A rich egotistical old white man racist? No way.

Darwin's choice

And, the best part, dog, he's a democrat!!!!!!!

The Big Dog's back

Hardly durwood.

Bottom Line

No he IS a democrat. That's a fact. Not up for debate. God you're a piece of work.

The Good Doctor

Check YOUR facts. Sterling is a registered Republican.

Bottom Line

If someone supports, votes for and contributes money to all democrats over many decades they are a democrat. If it walks like a duck, talks like a duck, it's a duck.

Conservatives do not get awards from the NAACP. If he had even an inkling of any sort of conservative politics or republican activity that wouldn't happen.

santown419

U guess since he did get an award from the naacp you are not telling the truth and it proves conservatives do.

JMOP's picture
JMOP

But his monetary contributions are to only democrats. I think the bigot filled out his paperwork wrong. ( I don't have his home address to confirm it to myself if he is a registered republican)

Pterocarya frax...

Read this Bottom Line. Then you ca come back and apologize to Brutus.

http://www.latimes.com/business/...

Bottom Line

No need for me to apologize. Read what I said. It's all correct. Spot on.

Back to the playground, dear.

Pterocarya frax...

If you bothered to read the link I posted you would see that every single thing you wrote on this topic was wrong. That is a fact, and not up for debate.

Nemesis

The article cites one thing - his voter registration, which is meaningless. You embarrass yourself by admitting you're naive enough to think it has any probative value.

The party affiliation on my voter registration changes almost every two years based on which party has the more interesting primary race. I would expect MOST Democrats with any understanding of political strategy to be currently registered as Republicans because in the last presidential primary they had an incumbent running unopposed and there was the opportunity to sabotage the other side's nomination process. Similarly, between 2004 and 2007, I'd expect to find most Republicans registered to vote as Democrats.

Pterocarya frax...

Well actually the article I quoted shows that he gave $11,000 to three democrats over 3 decades. For a billionaire, that does not exactly prove he is a democrat as many are claiming.

Based upon a lack of donations to democrats and voter registration that has not changed for at least 16 years (in spite of your claim that is should change frequently), I have not embarrassed myself at all in pointing out that Bottom Line was way off base.

Your attitude on voter registration changes is interesting though. I have discussed this issue with hundreds of liberals and have only heard one admit that she switched her affiliation regularly based on the criteria you suggest.

Many liberals will admit to changing their party affiliation once. Many, like me, changed it after they saw the devastating effects of electing Reagan.

I think this points out a difference between liberals and conservatives. Most liberals I know are just not devious enough to think like you do.

Nemesis

Don't kid yourself. I've met hundreds of liberals who switch on a regular basis. They understand that it's an outrage that someone should have to state any affiliation in order to exercise their right to vote for ANY candidate who's on a ballot printed and used at taxpayer expense.

I notice neither you nor anyone else has been able to offer a counter-example of money he gave to GOP candidates. Money talks.

coasterfan

Correct. The early stories about Sterling being a Democrat were completely debunked. He is definitely a card-carrying Republican, of the old white, racist variety. His kind will not be gone soon enough.

Darwin's choice

Like obama/Bemghazi was debunked, troll?

Nemesis

Ahhh, coasterfan, it's always amusing to see someone dredge up the "no true Scotsman" fallacy.

JMOP's picture
JMOP

He almost got another NAACP award too. I knew he must of been filthy rich democrat getting the award twice.

Bottom Line

Wait. There's such a thing as a rich democrat? Who knew? Certainly not dog.

Stop It

Basketball. The only pro sport to last all year long, back to back.

2cents's picture
2cents

LOL, I have been thinking that about all these sports anymore.

Dr. Information

They can't force him to sell it. Nice move to try and get this team sold to Magic or some other black celeb. Won't happen.

Also nice cherry picking when they NBA wanted to go after a known racist. He's been this way for years. Remember Elgin Baylor anyone? The town and players have supported a known racist for years.

The NBA is a joke anyhow.

coasterfan

Kudos to the new commissioner for doing what should have been done long ago with the likes of Sterling.

Dr. Information

They can't force him to sell. It won't happen.

Lets have no tolerance for all racially said things no matter the color. 90% of the NBA would cease to exist.

The Good Doctor

Your confidence is misplaced. The NBA commissioner is a damn good lawyer who did his homework.

Dr. Information

And, the NBA does not have the right to force someone to sell. The NBA as an entity cannot force an owner to sell over his 1st amendment right.

This is D. Sterling for the last 30 years and they are now trying to act on it. Won't happen.

Nemesis

"Damn good lawyer[s]" don't work as administrators. They can make 10 times more money litigating and have a fire in the belly that can only be stoked by the fog of legal contention.

Babo

It's interesting how a significant part of his comments were suppressed:

http://www.economicpolicyjournal...

Donegan

They cannot sell it to Oprah as she has said Racist things in the past, so did Sean Combs, Rick Ross and Snoop Dogg. That means they are out unless...There is HYPOCRISY at work here.
The racist is going to sue the NBA for billions from some reports so hopefully it bankrupts the entire league and Hockey players might get a little attention. After all Hockey is really the only sport left that is not filled with prima-donna's that whine about every single thing on and off the field.

santown419

So what was the racist thing said by oprah, diddy, and snoop?

deertracker

I see the usual suspects are at it this morning. This guy has a history of being a racist. If he dislikes blacks he should buy a NHL team. He should choose a white girl to be his mistress. You can't expect these Black players to just shut up and play. What kind of example would that set for their loved ones and the Black community not to mention society. No Black players NO NBA. How anyone can support this guy is beyond me.

coasterfan

I concur, Deer. Here's a good litmus test: if you support Donald Sterling, you just might be a racist...

Nemesis

So much for that supposed liberal tolerance and love of free speech.

Did you ever hear the quote "I disagree with what you say but I will defend your right to say it?"

Of course not, because the only principle you understand is whose ox is being gored.

mimi's word

I do not agree with what he said. I do however know in the privacy in a heated argument with my now ex I said a lot of things I did not really believe but wanted to hurt him. He should not be punished for speaking his mind in his own home. I think it is more ridiculous that no one sees that part of this whole thing. I guess you are only allowed free thought if the thoughts are ok with everyone else.

From the Grave

Our freedom~gone.

deertracker

You are free to be a racist or own a NBA team just not both publicly any way!

Nemesis

How is that any different from saying "you are free to be a Muslim or to own a home in our neighborhood, just not both?"

"he just can't be that way and own a NBA team which is a Black league."

Is that an official designation, and if so, how is it not racist?

deertracker

Housing laws? Freedom to worship whomever and however you please? Your argument is stupid! Go lay down!

Nemesis

Apparently you have problems with logic. I understand, it's hard.

Housing laws and the first amendment don't make the two things different. They simply outline the government's response to one of them.

What we have here is a person being denied the right to own a piece of property because of the beliefs he holds. Racism, Mormonism, Sexism, Judaism, Communism, Protestantism - all beliefs.

The parallel is very straightforward - denial of property rights for thoughtcrime. Napolean (the pig, that is) would be very proud of you.

deertracker

The government has no response to Sterling so there goes your so called logic. Correction: he is being denied the right to be an owner in a privately owned league. Like I said, dude should own a NHL team. Problem solved!

Nemesis

And I spoke of being denied the right to be an owner in a privately owned housing development or condo. The government, by giving the major sports leagues a pass on antitrust laws is a party to this. Legal experts have pointed out that this could bring about the end to the league as we know it by ending their antitrust excemptions.

Of course, all those considerations are drowned out in your head by the knee jerk voice screaming "burn the heretic!" So much for the tolerance of leftists.

deertracker

Of course you don't. You think dogs are not at fault when they kill babies. This guy can be a racist any time he wants but he just can't be that way and own a NBA team which is a Black league. Why don't you get that?

Donegan

Where are these laws that say racist cannot own stuff? The guys a pig, But when you start taking away what they own because they have stupid opinions it gets dangerous.
"Freedom of speech is the right to disagree or even say stupid offensive things without repercussions, anything else is a oppression of rights"
BTW. When the NBA become a "Black league"? (It stands for National Basketball Association)

deertracker

No one is taking anything. He is just unwelcome in the NBA. The NBA is a Black league. Period!

Donegan

So the entire league is "Black" and that's not racist? Somebody better tell Larry Bird and those guys about it.

deertracker

No it is not racist it is true. The NHL is a white league. No biggie either way. It is what it is! Someone please tell Dummygan Larry Bird retired years ago.
I did not say the entire league. Stay on point!

Donegan

"The NBA is a Black league. Period!"
You do realize that people who separate others into groups based upon race are known as racist right?

deertracker

No I don't realize that because that is not what defines a racist. DUH! Just make stuff up why don't ya?

Donegan

rac·ism (rā′sĭz′əm)
n.
1. The belief that race accounts for differences in human character or ability and that a particular race is superior or inferior to others.
2. Discrimination or prejudice based on race.
Learn to read. And use a little common sense. You base judgements off of skin color and race, Therefore YOU are a racist.
You also seem to be a Bigot according to the thesaurus
Big-ot
: a person who is obstinately or intolerantly devoted to his or her own opinions and prejudices; especially : one who regards or treats the members of a group (as a racial or ethnic group) with hatred and intolerance.

Nemesis

That's the problem - you're using ENGLISH. Deer and his ilk speak a different language, where "is" can have any number of meanings, and "racist" means anyone who doesn't march to their drum.

deertracker

You described Sterling here not me silly. Can you read? You sound stupid!

Donegan

Classifying people by color of their skin is racist, agreed? It your contention that the NHL is white and the NBA is Black. Those are your words and you are fine with them. That is racist. Use common sense.

Stop It

SW.

santown419

Your right sterling Is a sw. We finally agree on something.

The Big Dog's back

No it doesn't. NBA stands for Negro Basketball Assn.

Donegan

You said Negro, Your as bad as Bundy. (Not the guy who raped women, The other one that likes to use your desert)

deertracker

Negro simply means Black in Espanol. I'm okay with the word!

grumpy

.

Donegan

So your opinion of Bundy is based off of what? Please explain. If you cannot you have proved yourself you be a hack and need to quit even posting other than being known as a Dem hack or a racist. Your choice.

mimi's word

deertracker really? My opinion about lazy dog owners has nothing to do with this.

deertracker

You are right but it helps to explain your way of thinking!

Babo

Nobody should own a team and make money off of others' extraordinary talents while the community underwrites overhead by building arenas and stadiums. All sports teams should be community owned assets with community and player stockholders like the Green Bay Packers.

It's ridiculous that billionaires think they can "own" professional athletes and hold communities hostage over sports teams.

Nemesis

"All sports teams should be community owned assets with community and player stockholders like the Green Bay Packers."

And to think, Babo, you claimed you were a capitalist. So much for that.

Babo

Actually how are sports franchises owned by stockholders in the community which subsidizes the stadiums not a form of capitalism?

Nemesis

Well, for starters, the whole stadium subsidy thing. Second of all, the idea that ownership isn't freely traded among anyone with the money to buy, regardless of where they live. Third, the overall tone of your comment being hostile to private ownership.

You need to come out of the closet and come to grips with your inner marxist.

Babo

Hardly, I view major sports franchises as similar to community assets such as water. sewer, roads and infrastructure. There are certain assets that ought to be owned by a community and not to a few private owner who expect the public to subsidize them by building arenas, and stadiums while exempt from anti-trust law.

Nemesis

By that reasoning, Sandusky should seize Cedar Point by eminent domain.
The same goes for key industrial employers - the Chevy and Ford plants in Cleveland are far more important to the local economy than the Cavaliers. The more you post, the more marxist you get.

Babo

Amusement parks and every other industry are not exempt from anti trust law. I have no problem with private ownership of sports teams if one eliminates the anti trust exemption and publicly subsidized arenas and allows the athletes to negotiate freely for their services.

You seem to support national socialism, i.e. corporations and government working together to control the economy and against free enterprise.

Julie R.

There's no doubt he's racist but this sounds like another Monica Lewinsky. The girlfriend is going to make a ton of money off of this.

deertracker

....or Amber Frye. The mistress has already been paid quite well by Sterling. Monica did not put Clinton on blast. Her "friend" did!

Women should be outrage by how he treats women. Why aren't they? He has probably spoken to her in very disrespectful and degrading ways and this is her revenge.

Babo

Women are outraged but the story is getting lost among all the boys arguing over the size of their toys trying to buy a big one.

In fact look for his estranged wife to come out on top in this situation. The team is owned by a Family Trust not by Sterling. In his divorce his wife will argue she and his children if there are any gets the team as he can no longer participate in the organization. That's the easy legal solution to the issue and avoids protracted litigation over forcing the sale of the team

IMO, this was an attempt by people to try to force the sale of the team from a man they didn't like and it's going to back fire.

JMOP's picture
JMOP

"Women should be outrage by how he treats women. Why aren't they?"

What was the point of recording their conversation, which is illegal? Why have a third party release the tapes?

I'm not outraged, I think she's worse than him, she was being manipulative in the relationship. She didn't care about him, only his money and connections.

Babo

It's not illegal in Ohio for a party to a conversation to record that conversation. Don't know about California or the state where this occurred.

Yes, she's a gold digger but he signed up for it. Come on, this sophisticated businessman actually believes a young woman finds him attractive?

He's an amoral capitalist who became rich by exploiting others, men and women for his benefit. She just played the same game.

Now he'll likely lose his team in a community property state to his wife who deserves it for putting up with this jacka$$.

JMOP's picture
JMOP

Yeah, I think he really thinks that he thought she was attracted to him. He's pretty egotistical.

And you're right, she played the game better than him.

deertracker

Agreed Babo!!!!!!!!!!!

Julie R.

I agree. I'm not outraged at all over the way he treats women. We all know what this girlfriend ~ and all the rest of his girlfriends ~ really are. Did you see the cars and houses some of them got just for sleeping with the old coot? All they are is high-end prostitutes.

deertracker

I doubt an 81 yr. old man with prostate cancer is getting any action. Gold diggers is what they are and he obliges so I have no problem with it. I think prostitution should be legal. It's yours so do as you please with it.

oheaglefl

First of all if you even have a brain, you know it had to be a set-up. Who recorded the conversation in the first place? Was his girly wearing a wire to get some dirt on him? It sounds like she was laying everything in pants and if it was my honey whether now or not I would kick her to the curb. Couldn't get Phil Robertson on the racist thing cause he didn't give a Sh@@, so now we have to have another to get racist on. Who knows maybe he wants to sell the clippers and this is a way to get some buyers, did you ever think about that. He's rich doesn't bother him to lose a couple mil. NO< I don't condone the comments but you really gotta wonder about the whole thing.

oheaglefl

I'm sure he paid out a lot of money for the cosmetic surgery that his honey has gotten, I mean just look at her and you can tell. Also, now that this is going on, she will become famous and be on all the talk shows, maybe even have her own commercials.

OH-IO

Sorry to bust anyone's bubble who says he can't be made to sell his team. Yes he can be made to relinquish his team. The NBA's bylaws disallows anyone to misrepresent their brand and the discipline can be terminating your franchise. Ex: If you owned 5 McDonald's and it became public that you had lawsuits for discrimination, unlawfully terminating employees and now this detailed derogative audio; your career for selling Big Macs would be over.

Babo

He does not own the team. The team is held by a Family Trust which is a separate legal entity apart from him.

2cents's picture
2cents

Haa! Haa! Haa! These sports mega whatever's own the people of this country. Stop watching them make money and it will go back to the sports of the early years ENTRETAINMENT : )

Dr. Information

@OH-IO. Did D. Sterling terminate anyone unlawfully? Nope. What he said was in private and cannot be used against him in a court of law via the CA bar rules.

deertracker

No one is prosecuting him Doc!

Donegan

Except for your God who wants to help his butt buddy Reid get some action from the Chinese. Guess who Oked the droning of him?

OH-IO

I don't know where you get your information but everything I've read he's the owner. Even if it is in a family trust; trust and believe their going to be divested. It's not a swiss bank account. The NBA can take it from his family due to association alone. There's nothing saying they have to let them keep the franchise.

Babo

You have no idea how wealthy people structure assets to protect them. Besides he lives in California and it is a community property state. Therefore his wife has an interest in his property however the ownership is structured.

Sterling loves to litigate. No surprise as he is a lawyer. Believe me if the league tries to take his property without due process of law there will be a legal battle and it will take years. Better to let him hand over control to his wife as part of their divorce settlement. But note, all the boys in their haste to grab this big toy have forgotten there's a wife with ownership rights too

Nemesis

In any event, it requires a vote by 3/4 of the other owners, and given what Cuban said and how the other owners follow him, that's not likely.

deertracker

Wanna bet? Cuban has a Black team too. Money talks.

Nemesis

Sterling consulted with the other owners already. If he didn't have their support he'd already be filing for an injunction.

deertracker

Cuban tweeted he was in agreement with the decision to ban him! Next!

grumpy

You do realize that the NBA banned him from basketball, they owners didn't vote to force him to sell the team. Cuban agreed with banning him from having anything to do with the team... but didn't, and can't ban him from owning the team, only a 75% vote by the other owners can force a sale, or the owners will give him fair market value for the team, which will be several hundreds of millions of dollars.

Such a vote won't happen. the next shiny thing will come along and most folks don't and won't care. They will be looking at the new shiny thing. Who gives a crap about a bunch of rich people (the owners and players in the NBA)?

Nemesis

Cuban, when asked about it by reporters, also said that if we're at the point where people can be forced to divest assets for conversations they had in their own homes, then this isn't America anymore.

deertracker

You guys do realize the NBA is privately owned? His own peers are the issue here. One more time: the guy can be a racist, bigot or whatever he wants he just can't own a NBA team and spew his noise. He did this to himself, no sympathy here. NONE!

grumpy

The NBA has a set of rules and bylaws. From what has been published, the only way Sterling can be forced out of ownership is for 3/4 of the owners to vote him out, they will have to pay him fair market value, which from what has been written is at least 700 million and max's out around a billion. The owners haven't voted, and it doesn't sound like there will be a vote. You are allowed to jump up and down and say whatever you wish... but the only way Sterling can be forced out is by a 3/4 vote of the other NBA team owners. Your opinion as well as all the other peoples opinion doesn't matter. The longer it is between it first came out the less the chance the owners will even vote on it. If the other owners don't vote it will be up to Sterling what he does with the ownership of the team. I doubt the owners want it to come to a vote, or it would have happened already.

You can jump up and down and hold your breath all you wish. It won't change what the other NBA owners will do.

Nemesis

Privately owned and publicly subsidized. That's another thing - NBA games are public accommodations, in publicly owned facilities, and they're trying to deny admission to someone based on his beliefs. That's like saying no Methodists are allowed in.

grumpy

Except as an owner he has agreed to live by the regulations and by-laws of the NBA owners. If there is a regulation or by-law that says anything about not making bad publicity for the league, and he has done that, then he can be punished by the league. An owner is NOT the same as someone who buys a ticket to the game. An owner has agreed to a set of rules, regulations and by-laws. The content of which I don't know and doubt that many people, outside the NBA do know.

Nemesis

That doesn't change anything. You can't ban someone from public accommodations based on their belief. The NBA can't hide behind being a private organization because they are publicly subsidized, and because they get a "dispensation" on anti-trust law. He could end up having to sell, but cost them their antitrust excemption in the process, which would hurt them way more than it hurts him.

Babo

Big difference between banning him and taking his property, particularly when probably well over half of the owners including Cuban and most of the leadership of the NBA share the same ethnic and religious background as Sterling.

OH-IO

2cents: Obviously they don't OWN the people. That's why he got canned! It's way over your head. No one's going to change their interest in sports because of your dislike. You must be a wimp. Do some push ups. LOL!

2cents's picture
2cents
KURTje

Some really great points being made here. He is an old coot,& racist. And yes those ladies are high end prostitutes. Oh....better check on Stinging Nettle though..it helps with testosterone naturally.

oheaglefl

Maybe he is sick and tired of the whole team thing and just wants to unload them. Hey, here's an idea. Fire everyone close the team up and tell the NBA to kiss your a$$

Nemesis

Then they just issue the franchise to a hand picked successor and reconstitute the team, and he's out his investment.

No, selling the team allows him to laugh all the way to the bank - it's reported to be worth $1billion and he only paid $12million when he bought it.

deertracker

The Clippers are a joke. This is the first time they even look like contenders.

Nemesis

And your point is?

deertracker

They aren't worth a billion dollars. What was your point?

Nemesis

I'll take the word of professional analysts interviewed by major media outlets over yours. $1 billion is considered the going price for a franchise that's not in the playoffs.

deertracker

Those other teams aren't worth a billion either. Just my opinion!

grumpy

Since you are neither a current owner nor a potential owner , what do you think your opinion is worth in the real world? Only those who are owners or potential owners are the ones whose opinion matters, as it is them who would be buying.

Nemesis

Well them, and the recorded prices of recent team purchases. The price is based on the money making potential, which is about publicity, and the Clippers just got a load of it. As one nationally televised comedian said, for years the Clippers have been looking for a way to garner as much attention as the Lakers, and now we see what they came up with.

Dr. Information

Meanwhile, the government loves this attention because it gets everyone away from all the bad information just release about Benghazi.

deertracker

You mean the SAME information. NEXT!!!!!!!!!!!!

Donegan

The new Emails detailing how the white house steered the conversation away from the lies and election? Oh I understand your a idiot that voted for him twice. Please stick your head under the dirt for the next 20 years.

The Big Dog's back

I thought you didn't listen to fox or rush?

Donegan

Funny how it is all over the place yet you heard of it? http://abcnews.go.com/Politics/w...
Get your head out of the sand and look around some you might find your god is not a god at all, Just a politician that can get weak headed people to believe that he is god.

grumpy

Well since the NBA has already made their punishment known... and does not include a forced sale... but does keep him out of even entering the building, not being able to interact with the team in anyway... we don't know what the ownership papers say as to how it is set up... I would say nobody knows what will happen outside of Sterling and his lawyers... if he or whatever way the ownership is set up decides to do. I doubt the NBA will even vote to take away the frabnchise... since it didn't to begin with and as time goes on the chance of that is less every day. The public, league, team, and fans will have little to nothing to do with what will happen. You can jump up and down all you wish. That old, white, dying of cancer, racist will have more to say about what is done than anyone else Much like some on heres brand of panties it Depends. Will he try to get as much money as possible for the team? Will he try to screw the team? Will he try to screw the NBA? Will he screw his family and any partners or the trust he has set up, if that is how ownship is setup? It is up to him. As time goes by the less the public will pay attention as something new will come along and the public will go look at the bright shiney new thing.

Darwin's choice

That's a lot of screwing for that old boy.........!