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    • $2 billion

      • The $2 billion sale price is by far the highest in NBA history, and the sale marks the end of an emotional, combative showdown between Donald Sterling, his fellow owners and commissioner Adam Silver.
      www.cbssports.com/nba/news/sale-of-clippers-to-steve-ballmer-closes-donald-sterling-out/

      Sale of Clippers to Steve Ballmer closes; Donald Sterling out

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  3. www.sportingnews.com › us › nbaHow did Donald Sterling make his money? Net worth and more to ...

    Jun 3, 2024 · Sterling owned 162 properties in Los Angeles when he was banned from the NBA and forced to sell the Clippers. He bought the Clippers in 1981 for $12.5 million, when they were located in San...

  4. en.wikipedia.org › wiki › Donald_SterlingDonald Sterling - Wikipedia

    The NBA in 1982 fined Sterling $10,000, the largest sum ever levied against an owner at the time, after he commented that he would accept the Clippers finishing in last place in order to draft an impact player like Ralph Sampson. [8][21][24] In June 1982, Sterling attempted to move the team to Los Angeles.

  5. www.forbes.com › sites › robertwoodDonald Sterling's Last Laugh: Tax-Free $2 Billion Clippers Sale

    Jun 4, 2014 · Mr. Sterling only paid $12.5 million for the Clippers in 1981. The Clippers are apparently a corporation, but is it a C or an S corporation? C corporations pay corporate taxes, S corporations...

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  7. www.distractify.com › p › how-did-donald-sterlingHow Did Donald Sterling Get Rich? He's Worth Billions

    Jun 4, 2024 · In 1981 he paid nearly $13 million for the then–San Diego Clippers, $10 million of which was on layaway. The message Donald sent to fans was one of excitement around building up the team.

    • Jennifer Tisdale

  8. www.sportingnews.com › us › nbaWhere is Donald Sterling now? Timeline of disgraced Clippers ...

    Jun 4, 2024 · Sterling has faded into the shadows since being barred from any NBA games and forced to sell the Clippers in 2014. It didn't always seem like that was going to be the case.

  9. www.yahoo.com › news › donald-sterling-finally-givesDonald Sterling Finally Gives In: The Clippers Are Being Sold

    Jun 4, 2014 · The NBA, Sterling, and his wife Shelley have all agreed to sell off the Los Angeles Clippers to Steve Ballmer, the former Microsoft owner, for $2 billion. Most importantly, Sterling has also...

  10. time.com › 6985033The Scandalous True Story Behind FX’s Clipped - TIME

    Jun 5, 2024 · The Clippers are currently owned by Steve Ballmer, the former CEO of Microsoft, who purchased the Clippers from the Sterling family trust for $2 billion in May 2014, the highest price paid for...

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