The rumors of Steve Ballmer wanting to pick up the Los Angeles Clippers can now come to an end. It's official. In a statement released on the NBA site confirming the deal, Steve Ballmer now owns the Los Angeles Clippers pending approval by the NBA Board of Governors.
The NBA, Shelly Sterling and the Sterling Family Trust today resolved their dispute over the ownership of the Los Angeles Clippers. Under the agreement, the Clippers will be sold to Steve Ballmer, pending approval by the NBA Board of Governors, and the NBA will withdraw its pending charge to terminate the Sterlings' ownership of the team.
Because of the binding agreement to sell the team, the NBA termination hearing that had been scheduled for June 3 in New York City has now been cancelled. Mrs. Sterling and the Trust also agreed not to sue the NBA and to indemnify the NBA against lawsuits from others, including from Donald Sterling.
What Steve plans to do with the team in the long run remains unknown but hey, I'm sure there will be plenty of Clippy jokes to be had from this one. What do you folks think about it all?