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Have no doubt, Sterling did not want this and is not laughing. 2 Billion is not going to effect him. He wanted his toy and he wanted to be in the limelight. Its gone. He lost.
btw, Ballmer may have cooled down with age, but for many years, he was one nasty, crazy mother er. MS, a non-innovator anyway that touts its technical innovation prowess, innovated nothing under SB.
One of this famous quotes to a company meeting was something like: "We FIND the best technology out there and make it ours" (buy, not make)
Have no doubt, Sterling did not want this and is not laughing. 2 Billion is not going to effect him. He wanted his toy and he wanted to be in the limelight. Its gone. He lost.
Wealthy people are nearly all sociopathic assholes, valued by assholes like CC because they are wealthy.
Sterling's laugh all the way to the bank. Get an extra billion for the team because of the moral outrage publicity...
www.latimes.com/sports/la-sp-sn-clippers-sale-ballmer-20140529-story.html
Former Microsoft chief executive Steve Ballmer has won a frenetic bidding war for ownership of the Los Angeles Clippers, with a $2-billion offer that would set a record price for an NBA team.
Still, what innovation did they have under Gates? BASIC was a garbage language (lol no recursion), he bought DOS, he copied Windows from Mac (which was a lousy copy of Alto), he bought Internet Explorer and turned it into the worst browser on the market in 4-5 years.
MS has never been an innovator, under GM or SB.
and the msdos tax was an extortionate legal maneuver, extended to be the msdos/win tax, not because every mfr was in love with msdos.
BASIC was not even MS, it was Dartmouth U.
MSSQL, WORD were bought in
The desktop and server monopolies were in the only money making divisions for many years. BG early 90s vision was that Internet, world-wide connectivity, was nothing
I have to agree. The spreadsheet program I was using on my Amiga predated Excel, but excel was so much like it when it first came out.MS has never been an innovator, under GM or SB.
and the msdos tax was an extortionate legal maneuver, extended to be the msdos/win tax, not because every mfr was in love with msdos.
BASIC was not even MS, it was Dartmouth U.
MSSQL, WORD were bought in
The desktop and server monopolies were in the only money making divisions for many years. BG early 90s vision was that Internet, world-wide connectivity, was nothing
Incorrect. All us non ghetto thugs Lost
Oh good God...
So what is wealthy?
Whats the line that makes one more likely to be an asshole?
$630m capital gains tax hit on that $2b sale...
He's got the resources to cut that. Way down. But we probably won't know
NPR reports he's. Suing NBA for $1B with many claims
The NBA released a statement Friday evening saying it has resolved its dispute with S y Sterling, Donald Sterling's wife. As part of the agreement, S y Sterling and the family trust won't sue the NBA and agreed "to indemnify the NBA against lawsuits from others, including from Donald Sterling."
The NBA's announcement came less than two hours after Donald Sterling's lawyer confirmed he planned to file a $1 billion lawsuit against the NBA. The indemnification agreement means S y Sterling will protect the league from any financial losses it could suffer in a lawsuit by her husband.
http://sports.yahoo.com/news/lawyer-...212907563.html
So now some doctor (hired by a lawyer) will claim Donald sane and taken by his family greed. Probably a lawyer who has not already pocketed a heavy sum from this mess.
crazy like a fox.
Predictable ending, tbh...
For that price, yes. It is.
$12.5 million to $2 billion
Nice punishment, Silver. Tokowitz' after tax take home will be about 160% what his franchise was valued at before this crazy bidding war toend racism
You gotta hand it to Silver too, he moved swiftly as soon as he became commish and finally got rid of that cheapskate owner...
Stern never had the balls...
2 billion on a 12 million investment. smh
According to the Associated Press, which was first to report the news, Sterling released a statement on Monday, en led "The Team is not for Sale." The one-page statement said that he has never wanted to sell the LA Clippers and will not allow the team to be taken from him.
The battle over the Clippers has been a see-saw of events for Ballmer. The tech icon negotiated the team acquisition with Sterling's estranged wife, who took the $2 billion price and assured she could get her husband to sign off on the deal. Sterling last week said he'd take the deal, but his tune has changed. That shift happened after Sterling discovered the league won't lift his lifetime ban.
In addition, Sterling said he will sue the NBA for $1 billion, alleging that the league violated his rights by forcing him out. In his statement, Sterling said he intends to stand up for his "rights to privacy and the preservation of my rights to due process."
http://www.cnet.com/news/donald-ster...tag=CAD090e536
LOL Sterling going for the big win. Silver now has to decide...be a hardass and blow the whole deal up or do we end this easily and let the old er go see a few more NBA games before he dies...bet he even gets the fine rescinded before he is done. Might even keep his courtside seats. The owners are gonna tell Silver to GET THIS BEHIND US and get the sale done.
Donald Sterling has reversed his decision to sell the Clippers to Steve Ballmer, the former CEO of Microsoft... If Sterling gets his way, the deal will fall through and Ballmer won't be able to buy the team...When asked about it, Ballmer said, "That's OK. I'm used to things freezing and then crashing..."
LOL...
Did he really say that?
That's good!
I say we launch a kickstarter campaign...
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