Question Details

What will happen first: NBA Playoffs over for Clippers, or buyer announced?

What will happen first: NBA Playoffs over for Clippers, or buyer announced?

Asked by: Super Userkruijs in Sports » Basketball
Settled on 05/16/2014 05:45 Settled by Super UserBuckeyeTom
Winning option:NBA Playoffs over for Clippers When the Clippers lost on May 15, 2014 their season was over. The Clippers have a possible buyer lined up, but he still needs to be vetted by the other owners before he can officially say he owns the team. That will take place in June.
http://sports.yahoo.com/nba/scoreboard/?date=2014-05-15&conf=

Predictions

Background

A day after perhaps the biggest win in team history, the Los Angeles Clippers introduced Dick Parsons as their interim CEO in what could be one of the most important hires in the Clippers' existence.

"My job is to be the CEO of the enterprise and to make sure the boat still floats, the boat is still headed in the right direction, and maybe even we pick up a little speed," Parsons said Monday afternoon during a news conference at Staples Center.

Parsons, appointed by NBA commissioner Adam Silver last week to guide the Clippers franchise in wake of owner Donald Sterling's lifetime ban and team executive Andy Roeser's indefinite leave of absence, said he is filling a need.

"I have a belief, and my personal belief is that the league will prevail, which means that there will be an ownership change," Parsons said. "That's a personal belief based on having not only looked at the (legal documents) but having looked Adam Silver in the eye and seen the determination, and my goodness, I mean, this is just -- there's so much momentum for doing the right thing here and so much support for doing the right thing that at the end of the day, I believe ownership will change."

http://espn.go.com/los-angeles/nba/story/_/id/10923243/los-angeles-clippers-interim-ceo-dick-parsons-confident-team-sold

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   Super Usermayank

Even I am puzzled!

   Super Usermayank

Steve Ballmer's $2-billion offer for the Los Angeles Clippers — nearly four times the record sale for an NBA team — has experts puzzling over how the former Microsoft chief plans to make any money on the deal.

But Ballmer, with a net worth estimated at about $20 billion, may have little need for profit. The eye-popping bid from the world's 34th richest man underscores the explosion in tech wealth and the nonchalance with which billionaires chase trophy brands.

"This reflects an enormously wealthy person buying a toy," said Lawrence Mishel, president of the Economic Policy Institute, a Washington think tank. "It's not a financial investment."

http://www.latimes.com/business/la-fi-ballmer-clippers-price-20140531-story.html#page=1

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