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Shelly Sterling and Steve Ballmer — Handing Off Keys to the Clippers (LIVE)

The NBA made it official today … Steve Ballmer is the new owner of the Los Angeles Clippers. He’s about to hold a joint news conference with Shelly Sterling, and we’re livestreaming.Ballmer purchased the team for $2 billion, and even though…

Shelly Sterling and Steve Ballmer — Handing Off Keys to the Clippers (LIVE)
Source: Shelly Sterling and Steve Ballmer — Handing Off Keys to the Clippers (LIVE)

Donald Sterling’s Wife Agrees to Sell Clippers to Former Microsoft CEO Steve Ballmer for $2 Billion

05/30/2014 at 11:25 AM EDT

Donald Sterlings Wife Agrees to Sell Clippers to Former Microsoft CEO Steve Ballmer for $2 Billion

Donald Sterling and Steve Ballmer

Danny Moloshok/AP; Tony Avelar/Bloomberg/Getty

Former Microsoft CEO Steve Ballmer has agreed to buy the Los Angeles Clippers for a record-breaking $2 billion. Now it’s up to others whether the deal goes through.

Shelly Sterling said in a statement issued late Thursday that she’d signed a binding contract for a sale of the Clippers by The Sterling Family Trust to Ballmer in what would be a record deal if approved by the NBA.

Ballmer “will be a terrific owner,” Sterling said, “We have worked for 33 years to build the Clippers into a premier NBA franchise. I am confident that Steve will take the team to new levels of success.”

Sterling negotiated the sale after her husband, Donald Sterling, made racist remarks that were made public. The remarks included Sterling telling girlfriend V. Stiviano not to bring blacks to Clippers games, specifically mentioning Hall of Famer Magic Johnson.

Shelly Sterling’s statement noted that she made the deal “under her authority as the sole trustee of The Sterling Family Trust, which owns the Clippers.” Donald Sterling’s attorneys contend that he is a co-owner and therefore must give his assent for the deal to go through. They also say he won’t be giving it.

Donald Sterlings Wife Agrees to Sell Clippers to Former Microsoft CEO Steve Ballmer for $2 Billion

Shelly and Donald Sterling

Mark J. Terrill / AP

“Sterling is not selling the team,” said his attorney, Bobby Samini. “That’s his position. He’s not going to sell.”

Ballmer beat out bids by Guggenheim Partners and a group including former NBA All-Star Grant Hill after presenting an “all-around superior bid,” according to an individual with knowledge of the negotiations.

“He knocked their socks off, they bonded, had a good connection,” the individual said. The amount was also the largest of the offers, and Ballmer was one potential buyer to deal with rather than numerous members of a group.

Ballmer said in a statement that he is honored to have his name submitted to the NBA for approval and thanked the league for working collaboratively with him throughout the process.

“I love basketball. And I intend to do everything in my power to ensure that the Clippers continue to win – and win big – in Los Angeles,” Ballmer said. “LA is one of the world’s great cities – a city that embraces inclusiveness, in exactly the same way that the NBA and I embrace inclusiveness.”

On Thursday, Magic Johnson lauded the deal on his Twitter account:

Though Donald Sterling’s attorneys now say he won’t agree to sell the team, a May 22 letter obtained by The Associated Press and written by another of Sterling’s attorneys that says that “Donald T. Sterling authorizes Rochelle Sterling to negotiate with the National Basketball Association regarding all issues in connection with a sale of the Los Angeles Clippers team.” It includes the line “read and approved” and Donald Sterling’s signature.

Samini said Sterling has had a change of heart primarily because of “the conduct of the NBA.” He said NBA Commissioner Adam Silver’s decision to ban Sterling for life and fine him $2.5 million as well as to try to oust him as an owner was him acting as “judge, jury and executioner.”

Silver has said his preference would be for the franchise to be sold rather than seized – and that means sold in its entirety, with neither Sterling retaining a stake. Though according to the deal’s terms Ballmer will own 100 percent of the team, Shelly Sterling may continue to be involved under conditions worked out privately with Ballmer, the individual said.

This is not Ballmer’s first foray into potential NBA ownership. Ballmer and investor Chris Hansen headed a group that agreed to a deal to buy the Kings from the Maloof family in January 2013 with the intention of moving the team to Seattle, where the SuperSonics played until 2008.

Donald Sterlings Wife Agrees to Sell Clippers to Former Microsoft CEO Steve Ballmer for $2 Billion

Steve Ballmer at a 2014 NCAA college basketball game

Elaine Thompson / AP

But Sacramento Mayor Kevin Johnson lobbied the NBA for time to put together a bid to keep the team in California, and though the Ballmer-Hansen group later increased its offer, owners voted to deny the bid for relocation and the Kings were sold to Ranadive.

During his tenure at Microsoft, Ballmer was known for his competitive drive and wild displays of emotion and hand-waving.

At his farewell address to Microsoft employees, he high-fived and hugged audience members, pumped his fists in the air, and even shed tears as the popular 1987 song “(I’ve Had) The Time of My Life” played on the sound system. In a video of the event widely viewed on YouTube, he screams: “You work for the greatest company in the world!”

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CNN Newsource: Sterling Controversy

Donald Sterlings Wife Agrees to Sell Clippers to Former Microsoft CEO Steve Ballmer for $2 Billion
Source: Donald Sterling’s Wife Agrees to Sell Clippers to Former Microsoft CEO Steve Ballmer for $2 Billion

Snoop Dogg Wants To Buy The L.A. Clippers, Rihanna Feels Up A Finger + More Of What You Missed On…

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No doubt, Instagram’s biggest story this weekend was the fallout from L.A. Clippers owner Donald Sterling‘s alleged racist remarks. The scandal started with a photo that’s since been removed from Instagram, but celebs from all over used the social media site to voice their views on the controversy.

Snoop Dogg straight up offered to buy the team so that players don’t feel compromised, with Rihanna striking a hands-on pose at a basketball game that’s open to interpretation. Meanwhile, James Franco hopped into bed with Pretty Little Liars star Keegan Allen, with Jaime King having an awesome 35th birthday.

Even Sam Underwood, one of the stars of The Following, told Jarvis In The Elevator‘s host about an amazing Instagram moment involving Benedict Cumberbatch! Watch the video below to get the story.

So hop into our gallery to find out what your favorite celebs have been up to over the past few days!

[Photo Credit: @jamesfrancotv/@badgalriri]

Source: Snoop Dogg Wants To Buy The L.A. Clippers, Rihanna Feels Up A Finger + More Of What You Missed On…

Ashton Kutcher and Mila Kunis Lock Lips on Kiss Cam at Clippers Game

03/23/2014 at 05:45 PM EDT

Ashton Kutcher and Mila Kunis Lock Lips on Kiss Cam at Clippers Game

Mila Kunis and Ashton Kutcher

Noel Vasquez/GC Images

Just when we thought we couldn’t love Mila Kunis and Ashton Kutcher more, along came this video.

The newly engaged couple were attending an L.A. Clippers game on Saturday when they ended up on the Kiss Cam.

While Kunis, 30, put her hand over her mouth and feigned shyness, her fiancé was up for the challenge.

Quickly and deliberately turning his baseball cap around for better access, Kutcher, 36, grabbed Kunis and brought her in close for a smooch (while Barry White’s “Can’t Get Enough of Your Love” played) before pointing to the camera in triumph.

Kunis, who’s set to guest star on Two and a Half Men with Kutcher, laughed and covered her face in embarrassment.

Ashton Kutcher and Mila Kunis Lock Lips on Kiss Cam at Clippers Game
Source: Ashton Kutcher and Mila Kunis Lock Lips on Kiss Cam at Clippers Game


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