Register | Forgot Your Password? | Close
Bonneville Phoenix Network
 KTAR News
 Arizona Sports
Login or Register

PHOENIX -- The National Basketball League and Los Angeles Clippers are reportedly one step closer to removing current owner Donald Sterling.

According to the Los Angeles Times, former Microsoft CEO Steve Ballmer's NBA-record $2 billion bid for the team has been accepted.

Balmer, who was chief executive of Microsoft for 14 years, was chosen over competitors that included Los Angeles-based investors Tony Ressler and Steve Karsh and a group that included David Geffen and executives from the Guggenheim Group, the Chicago-based owner of the Los Angeles Dodgers.

If the sale goes through, it will be nearly four times the highest sale price for an NBA team, set earlier this month when the Milwaukee Bucks were purchased for $550 million.

Sterling has to sign-off on the deal, though he is likely to be pressured by the league to do so. The other 29 NBA owners will also have to grant their approval.

Sterling came under fire earlier this month after several tapes of him making racist comments were released to the press.

Arizona Sports,

share this story:
Attention ArizonaSports.com Comment Users: We have recently changed our comments boards.
We would like you to be part of the conversation with all fans of Arizona sports teams by logging in with your Facebook, Twitter, Google+ or Disqus account. Existing Arizona Sports (KTAR) account members will need to create a Disqus account or use one of the aforementioned social media logins. Thank you.
comments powered by Disqus
Standings
Schedule
Team Leaders