CHINA TOPIX

11/02/2024 04:18:33 pm

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Shelly Sterling

Shelly Sterling speaking at a news conference

Shelly Sterling Discloses LA Clippers were Bought for US $2 Billion

Shelly Sterling recently disclosed the details of the deal that sold the National Basketball Association's (NBA) team L.A. Clippers to Microsoft CEO Steve Ballmer.

Clippers Owner Steve Ballmer

Steve Ballmer Assumes Ownership of Los Angeles Clippers

Former Microsoft CEO Steve Ballmer has been inducted as the new owner of the Los Angeles Clippers on Tuesday, after a court cleared the sale of the team last week.

Shelly Sterling and Donald Sterling

Court Allows Shelly Sterling to Sell Clippers franchise to Steve Ballmer

Donald Sterling lost his bid to prevent the sale of the Los Angeles Clippers, with a California court allowing his wife and co-owner Shelly Sterling to close the deal with former Microsoft Corp. executive Steve Ballmer.

Shelly Sterling, Donald Sterling (and actor George Segal)

Donald Sterling Needs Clippers Sale to Pay Debts

Darren Schield, Donald Sterling's Chief Financial Officer and overseer of The Sterling Family Trust, said that if the controversial billionaire is persistent about not selling the Los Angeles Clippers, he may need to sell a large chunk of his real estate empire to pay his $500 million debt.

Steve Ballmer's Move to Buy the LA Clippers Frees Sterling Family From NBA Hearing

Former Microsoft chief executive Steve Ballmer's move to acquire the Los Angeles Clippers freed Shelly Sterling and the Sterling Family Trust from ownership termination.

Donald Sterling Hands Over Control of Clippers to Estranged Wife

Following the charges filed by the NBA against Donald Sterling for his racist comments, the LA Clippers owner transfers control of the team to estranged wife, Shelly.

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