Menu
Report: Ballmer would pay $US1.8 billion for the L.A. Clippers

Report: Ballmer would pay $US1.8 billion for the L.A. Clippers

Ballmer has been interested in owning an NBA franchise for a while

Former Microsoft CEO Steve Ballmer is reportedly offering $1.8 billion for the L.A. Clippers, but that's not even the highest offer for the NBA franchise.

According to Forbes, someone familiar with Ballmer's interests quotes the $US1.8 billion figure.

Another source familiar with bids received by Rochelle Sterling - who has taken over the team for her husband, Donald - says they range up to $US2 billion and described Ballmer's bid as strong.

Ballmer has been interested in owning an NBA franchise for a while, most recently trying to buy the Sacramento Kings and move the team to Seattle when he was still CEO of Microsoft. He has said in an interview that if he did buy the Clippers, moving them would hurt the team value.

This is just the first round of bidding, so the price could go higher and alliances among bidders could form to share ownership.

The team is up for sale after the long-time owner Donald Sterling was banned for life from the NBA for racial comments he made in a phone call that was recorded and publicly released. After the ban, his wife took over the team so the league wouldn't be in charge of the sale.

Tim Greene covers Microsoft and unified communications for Network World and writes the Mostly Microsoft blog. Reach him at tgreene@nww.com and follow him on Twitter@Tim_Greene.

Read more about software in Network World's Software section.

Follow Us

Join the New Zealand Reseller News newsletter!

Error: Please check your email address.

Tags Microsoftsoftware

Featured

Slideshows

Reseller News launches inaugural Hall of Fame lunch

Reseller News launches inaugural Hall of Fame lunch

Reseller News welcomed 2015 and 2016 inductees - Darryl Swann, Dave Rosenberg, Gary Bigwood, Keith Watson, Mike Hill and Scott Green - to the inaugural Reseller News Hall of Fame lunch, held at the French Cafe in Auckland. The inductees discussed how the channel can collectively work together to benefit New Zealand, the Kiwi skills shortage and the future of the industry. Photos by Maria Stefina.

Reseller News launches inaugural Hall of Fame lunch
Educating from the epicentre - Why distributors are the pulse checkers of the channel

Educating from the epicentre - Why distributors are the pulse checkers of the channel

​As the channel changes and industry voices deepen, the need for clarity and insight heightens. Market misconceptions talk of an “under pressure” distribution space, with competitors in that fateful “race for relevance” across New Zealand. Amidst the cliched assumptions however, distribution is once again showing its strength, as a force to be listened to, rather than questioned. Traditionally, the role was born out of a need for vendors and resellers to find one another, acting as a bridge between the testing lab and the marketplace. Yet despite new technologies and business approaches shaking the channel to its very core, distributors remain tied to the epicentre - providing the voice of reason amidst a seismic industry shift. In looking across both sides of the vendor and partner fences, the middle concept of the three-tier chain remains centrally placed to understand the metrics of two differing worlds, as the continual pulse checkers of the local channel. This exclusive Reseller News Roundtable, in association with Dicker Data and rhipe, examined the pivotal role of distribution in understanding the health of the channel, educating from the epicentre as the market transforms at a rapid rate.

Educating from the epicentre - Why distributors are the pulse checkers of the channel
Kiwi channel reunites as After Hours kicks off 2017

Kiwi channel reunites as After Hours kicks off 2017

After Hours made a welcome return to the channel social calendar last night, with a bumper crowd of distributors, vendors and resellers descending on The Jefferson in Auckland to kickstart 2017. Photos by Maria Stefina.

Kiwi channel reunites as After Hours kicks off 2017
Show Comments