Donald Sterling racial slurs

[Sunstroke]

Former Microsoft CEO Steve Ballmer just won the bidding for the Clippers at $2 Billion.

The Bucks just sold for $500+ Million. To say he overpaid would be an understatement.

Milwaukee <<<<< Los Angeles

[EDGECRUSHER]

Of course, and by a very large amount. However, 4 times the value? The Yankees are the most valued franchise in American sports at $2.5 Billion, the Cowboys are 2nd at $2.3 Billion.

To put it in a strictly NBA perspective, the Knicks are the highest valued team in the league at $1.4 Billion as of January 2014. The Los Angeles Clippers just got sold for $2 Billion. That is laughably out of whack. The new owner will never recoup his investment, so I hope he is just a huge fan and wants to make the team a winner like Cuban.

[Dave Gray]

Cowherd made a good point about this the other day.  The super wealthy don't always have the same priorities as a traditional investor.  Sometimes, they're just looking for a place to park their money.  So, if this guy is not going to sell the team for 50 years, he's going to get a good return on his investment, whether he pays market value or above.

[EDGECRUSHER]

It's not his last $2 Billion, so he won't miss it. With what the franchise is ACTUALLY worth and years of profits, the loss won't be too bad when he dies or sells. He probably just sees it as the cost of being a member of an exclusive club. Not too many sports franchises for sale.

Still, if the Clippers are worth $2 Billion, the Knicks are worth $4 Billion.

[bsmooth]

It is not a done deal. He probably overpaid to try and ensure he can move the team to Seattle, which is what he really wants.

[RichThrawn]

It is not a done deal. He probably overpaid to try and ensure he can move the team to Seattle, which is what he really wants.

That right there will decrease the value of the team. Seattle doesn't have the TV market that L.A. does.

[EDGECRUSHER]

I read in a few articles that the sale was conditional on him NOT moving the team to Seattle.

[Spider-Dan]

Oh, the NBA has now decided that when an owner buys a team and says they won't move it, that means something?

Someone should tell that to Clay Bennett.

[EDGECRUSHER]

I think they actually got that in writing this time due to passed incidents.

The guy also paid in cash, which is gangsta.

[Sunstroke]

$2 billion in cash? That is pretty fucking gangsta. I wonder how many pallets of greenery that is?

[Phishfan]

I don't foresee an actual cash transaction (and he hasn't paid since it still isn't finalized yet). He isn't going to have to borrow the money, but I don't see Brinks pulling up with several trucks while they do this deal.

[CF DolFan]

Couple of things I head over the weekend. Sterling took some bi-racial kids to a black church over the weekend and Stiviano was beat up by two racists white men.

[Sunstroke]

Sterling took some bi-racial kids to a black church over the weekend...

Which of the following answers best explains why Sterling took these kids to Church:

1) So they could all bask in the warm & fuzzy glow of our Lord and Savior, Jesus Christ
2) So Sterling could bask in the warm & fuzzy glow of some positive public relations
   (while the bi-racial kids took turns fetching more coffee for Sterling, and perhaps some snacks to nosh on during the sermon)
3) The bi-racial kids looked mostly white to Sterling, so what's the big deal?

[CF DolFan]

^^^^ I was more impressed he went to a black church ... staged or not ... LOL.

[MyGodWearsAHoodie]

^^^^ I was more impressed he went to a black church ... staged or not ... LOL.

I don't think the term racist is as black and white as some people want to make it out.  (pun intended).

For example my parents would have been extremely pissed if any of us had dated or married a black person.  That doesn't mean that they want to bring back the Jim Crowe laws or disagree with the S.Ct in Loving v. Texas. 

Sterling didn't want is mistress dating black folks.  (never mind the lack of morals on the whole fidelity issue) This isn't the same as being unwilling to associate with blacks.