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MicaelS

(8,747 posts)

12. He might be richer,

Reply to joeybee12 (Reply #5)

Thu May 29, 2014, 08:12 PM

May 2014

But his wife getting half of all that money when she divorces him is going to gnaw at him. And him losing the Clippers is going to gnaw at him like a cancer.

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The 5 Worst Things about ex- Microsoft CEO Steve Ballmer buying The L.A. Clippers [View all] TeamPooka May 2014 OP

SEATTLE-SEATTLE-SEATTLE-SEATTLE-SEATTLE-SEATTLE!!!! nolabear May 2014 #1

There is virtually zero chance he would move the Clippers out of LA. Jenoch May 2014 #2

Yup, and the chances of a team going to (or expansion) Seattle just went down big time itsrobert May 2014 #4

Not competing for entertainment dollars with the Lakers may have advantages. Maedhros May 2014 #10

He will not move the team. former9thward May 2014 #13

Yes - I hadn't considered the enormous sum he paid for the franchise. Maedhros May 2014 #23

tell that to the DonCoquixote May 2014 #35

:) TeamPooka May 2014 #3

Even Ballmer isn't stupid enough to give up the LA market Recursion May 2014 #25

So Sterling is not only an asshole, he is now an even richer asshole...nt joeybee12 May 2014 #5

Assets changed form, from owned to monetary. Maedhros May 2014 #9

Not in this case. Team valuation was a little over $500 million, he is getting $2 Billion. stevenleser May 2014 #28

He might be richer, MicaelS May 2014 #12

He has a billion less out of billions. former9thward May 2014 #14

Yeah, this is not an unhappy time for him. stevenleser May 2014 #33

Steve is HappyHappyHappy DJ13 May 2014 #6

Fouls and airballs will be called General Basketball Failures. Gidney N Cloyd May 2014 #7

404 Player not found TeamPooka May 2014 #18

So Sterling and his wife are going to walk away from this mess with $2 billion profit davidn3600 May 2014 #8

Yes, to answer you succinctly. It's disgusting. stevenleser May 2014 #32

I don't know. I don't follow soccer. nt MineralMan May 2014 #11

Free-throw and three-pointer lines .... dawg May 2014 #15

lol TeamPooka May 2014 #20

Team owner no longer sounds just like a racist version of ... dawg May 2014 #16

And he still cannot dance. nt Mnemosyne May 2014 #17

I kind of miss the old days when owners of Jenoch May 2014 #19

They must have gone away around the same time cities started building stadiums for the teams. TeamPooka May 2014 #21

I don't think that is correct. Jenoch May 2014 #22

The absolute worst thing? Donald Sterling gets nearly $2 BILLION of practically tax free income. Initech May 2014 #24

Yeah, and he bought the team back in the 80s for... GReedDiamond May 2014 #26

Amen to that! Initech May 2014 #27

I'm not an accountant or CPA so can you tell me why this would be tax free? stevenleser May 2014 #29

Because we give huge tax breaks to billionaires? Initech May 2014 #30

I don't think there is enough writeoffs in the world to cover all the capital gains here. stevenleser May 2014 #31

meh Leme May 2014 #34