- Yes, you read that right. Nine zeros.
Former Microsoft CEO Steve Ballmer, one of the wealthiest men in the United States, agreed to buy the Los Angeles Clippers on Thursday for $2 billion (some legal steps remain). His acquisition of the team comes in the wake of controversy over a racist recording of owner Donald Sterling was published by TMZ and the NBA ordered Donald and Shelly Sterling to sell. It also comes less than a year after he pocketed nearly $1 billion by quitting his job.
- Following the news, people took to social media to share their opinions on the record-breaking sale price, likening it to Beats Electronics recent sale, lamenting their own missed opportunity at purchasing the team, and taking a hard look at what it all means...
But what does it all mean?
'That's almost Dre money'
Never had a chance