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Steve Ballmer buys NBA’s Clippers for record high $2 billion

Former Microsoft chief executive officer Steve Ballmer was named the new owner of the Los Angeles Clippers Tuesday, August 12, 2014.

Former Microsoft chief executive officer Steve Ballmer was named the new owner of the Los Angeles Clippers Tuesday, August 12, 2014.

Former Microsoft CEO Steve Ballmer is now the official owner of the NBA’s Los Angeles Clippers, according to Ballmer’s attorney, Adam Streisand.

The sale marks the end of Clippers ownership by billionaire Donald Sterling, who battled his estranged wife, Shelly, in a California probate court last month over control of the couple’s trust, which owned the NBA franchise.

Donald Sterling, 80, lost that legal battle when the California probate judge ruled that the deal by Shelly Sterling to sell the Clippers to Ballmer could move forward.

The negotiated $2 billion sale price is a record for an NBA team.

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