Steve Ballmer Completes Purchase of Los Angeles Clippers
For Immediate Release
The Los Angeles Clippers today announced that 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 Mr. Ballmer is now the Clippers Governor.
“I am humbled and honored to be the new owner of the Los Angeles Clippers,” Mr. Ballmer said. “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. I look forward to meeting our fans at our STAPLES Center Fan Festival on Monday, Aug. 18 at 12:30 pm PT.”
“This is an amazing new day in Clippers history,” Clippers President of Basketball Operations and Head Coach Doc Rivers said. “I couldn’t be more excited to work together with Steve as we continue to build a first-class, championship organization. I am already inspired by Steve’s passion for the game, his love of competition and desire to win the right way and I know our players and fans are going to be inspired as well.”
Ballmer, Doc Rivers and Clippers players will be in attendance at a Clippers Fan Festival that will be open to the general public on Monday, Aug. 18 at STAPLES Center at 12:30 p.m. PT.