Steve Ballmer now owns LA Clippers
Following weeks of legal strife between former Los Angeles Clippers owner Donald Sterling and his extranged wife, former Microsoft chief executive Steve Ballmer is now the official owner of the team after a California court approved the $2 billion sale of the basketball franchise on Tuesday, August 12.
In June, Shelly Sterling asked a probate court to allow her to single-handedly sell the team in behalf of the Sterling Family Trust after ousting her husband as a co-trustee on grounds of mental incapacitation from Alzheimer’s.
As part of the deal, Shelly Sterling will receive two courtside seats for each Clippers game at the Staples Center, six parking spaces, three champion rings following any Clippers’ NBA championship, and the titles Clippers’ No. 1 Fan and owner emeritus.
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