Former Microsoft CEO Steve Ballmer Completes Purchase of LA Clippers

The former CEO of Microsoft Steve Ballmer is now officially the new owner of National Basketball Association (NBA) franchise LA Clippers, capsule NBA announced on Tuesday. 

The NBA Board of Governors had previously approved the $2 billion deal, which was officially and quickly closed after a California court issued an order confirming the authority of Shelly Sterling to sell the team on behalf of the Sterling Family Trust, the league said.

Shelly Sterling was the sole trustee after her husband, Donald Sterling, was found mentally incapacitated by two doctors and subsequently removed as a co-trustee.

An NBA statement read: “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.”

Ballmer was delighted with the news and said in a statement: “I am humbled and honored to be the new owner of the Los Angeles Clippers.

“Clipper fans are so amazing. They have remained fiercely loyal to our franchise through some extraordinary times. I will be hard core in giving the team, our great coach, staff and players the support they need to do their best work on the court. And we will do whatever necessary to provide our fans and their families with the best game-night experience in the NBA.”

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