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The LA Clippers are finally sold to Steve Ballmer

The LA Clippers are finally sold to Steve Ballmer

Posted by Liliana Castaño on August 13, 2014

When Steve Ballmer's attorney walked into Room 236 in Los Angeles Superior Court at 8:30 a.m. Tuesday, the clerk handed him a three-page order bearing a judge's signature.

The lawyer immediately sent a two-word email to the NBA, Ballmer and other attorneys: "CLOSE NOW."

A hasty conference call followed, the sale documents were signed and the remaining $1.7 billion of the record $2-billion deal was transferred. Finally, the Clippers sale was completed.

It was 8:40 a.m.

"You don't have it until the money has transferred to the sellers' accounts," Ballmer said from vacation in Montana. "When that happened, I said, 'Darn, I guess we are done.' "

In the space of a few minutes, Donald Sterling's 33 years as Clippers owner came to an end. It had been nearly four months since Sterling's recorded comments about blacks touched off a firestorm.

Clippers interim Chief Executive Dick Parsons, appointed by the NBA, termed it a "death spiral" for the franchise.

Sterling, hadn't conceded late Tuesday.

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