NBA Closes Sale of LA Clippers to Steve Ballmer for $2 Billion

After defeating Donald Sterling in court, the NBA moved quickly to complete the sale of the LA Clippers to Steve Ballmer.

For a cool $2 billion, the Clips now belong to the former Microsoft CEO.

From the press release:

The transaction in which Steve Ballmer purchased the Los Angeles Clippers closed today following the entry of an order by a California court confirming the authority of Shelly Sterling, on behalf of the Sterling Family Trust, to sell the team.


The NBA Board of Governors previously approved the sale and Ballmer is now the Clippers Governor.