Moon Sports > Basketball > Ten years ago, Ballmer acquired the Clippers for 2 billion yuan. How much is the market value now? You may not believe it if you say it.
Ten years ago, Ballmer acquired the Clippers for 2 billion yuan. How much is the market value now? You may not believe it if you say it.
If you want to talk about the craziest and most willing boss in the NBA, Clippers boss Ballmer is definitely on the list. This former Microsoft CEO and super rich man with a net worth of $100 billion was acquired by the team for a record $2 billion in 2014. Now seven years have passed, is this investment losing or making a profit? In 2014, former Clippers boss Donald Sterling caused an uproar due to his racial discrimination. The NBA quickly banned Sterling and forced the team to sell it. Faced with the league's ultimatum, Sterling offered almost harsh conditions: the team costs $2 billion and requires cash payment. This price far exceeded the team's valuation at that time. You should know that when the Brooklyn Nets sold it in 2010, the transaction price was only $200 million.
When many wealthy people retreated, Ballmer's appearance changed the situation. This business giant not only has strong financial resources, but also an unyielding basketball enthusiast. He decisively took over the Clippers at a sky-high price of $2 billion, which not only set a new record for NBA team trading, but also marked the official entry of the Clippers into a new era. After the acquisition was completed, Ballmer immediately began to carry out drastic reforms. He knows that in order to gain a foothold in the fiercely competitive NBA, he must build a team with championship competitiveness. To this end, he paid high luxury taxes and introduced superstars such as Leonard, George, and Harden to form a lineup with the strength to compete for the championship.
At the management level, Ballmer appointed Lakers celebrity Jerry West as an advisor, a basketball operation master known as the "Logo man" and has formulated a long-term strategic plan for the Clippers. With their joint efforts, the Clippers quickly transformed from a playoff margin team to a strong contender in the Western Conference Finals, and the team's market value also rose.
At the same time, Ballmer spent $1.25 billion to start the construction of a new stadium in Inglewood, Los Angeles in 2020, which will be officially put into use in 2024. This stadium, called "Integrity Arena", will not only become the new home court of the Clippers, but will also integrate multi-functional facilities such as music, entertainment, and catering to become a new city business card for Los Angeles. In addition, after owning a new arena, it also means that the Clippers no longer have to "stay" under the Lakers.
According to Forbes' 2025 NBA team value rankings, the Clippers' market value is as high as US$5.5 billion, ranking fifth in the league, an increase of US$3.5 billion compared to Ballmer's acquisition. If the Clippers can win the championship in the future, their market value will further increase.
In fact, for Ballmer, who has a net worth of more than 100 billion US dollars, the significance of the Clippers has long exceeded the scope of business. He once publicly stated: "Owning the Clippers is one of the best decisions in my life." This business giant proved with practical actions that real investment lies not only in business returns, but also in the persistent pursuit of love.
Related Posts
James is about to announce his decision 2! Mr. Beast: Are you going to transform into a full-time video blogger?
BasketballOctober 7th, LeBron James previously updated the social media and wrote: "All decisions in all decisions, on October 7th, 12 noon in the East." Overseas top blogger Mr. Beast commented under James' news: "Are you going to transfor...
moreAll three Lakers are absent! Curry scored 14 points in the first half, Vincent scored 16 points, Brownie scored 5 points and 5 mistakes
BasketballThe preseason continued, and the two traffic teams, the Lakers and Warriors, ushered in a duel. However, since the three Lakers giants James, Doncic and Reeves are all absent, the strength of both sides is not equal, and the game has lost a lot of h...
moreDisadvantage! It is revealed that he is interested in signing Westbrook! This is the NBA championship team
BasketballCongratulations, congratulations in advance. According to US media Hoops, the Celtics intend to sign Westbrook in the free market. As Holiday leaves the team, the Celtics' back line suddenly becomes stretched. It is expected that the starting li...
more
Hot Posts
- Seth Curry - Brothers on the same stage, Seth fights for the championship
- Anthony is officially inducted into the Hall of Fame! Maybe he only retired from the Knicks No. 7, but the Nuggets No. 15 cannot retire?
- NBA offseason turmoil: The giant chess game behind a billion-dollar contract
- Scott: Tatum seems to die when his Achilles tendon breaks, but Kobe will never do this
- American News: The Cavaliers don t need to trade core players such as Garland. They still have great potential if they are not the Lakers.
- Successfully played the role of the surprise! The Pacers forward performs amazingly in overtime?
- Questioning the Mavericks to Becoming the Mavericks! Famous reporter: Antetokounmpo is on his way to the Lakers
- Homegren burst! Thunder 149-106 Nuggets, Alexander watches 34+4+7, Harten 14+8+5
- 4.3 seconds to win the gods! Brunson s final victory tribute to Jordan, New York s new king rewrites the history of the second round pick in one game
- The best quotation for Kumingga signing first and then exchange is that the total amount in 4 years is close to 90 million, and the last year is the player option
Recent Posts
-
Fatty 6.8 kg! Thick Eyebrow: This is my routine, otherwise the weight loss will be too thin during the season
-
Warriors mass production! US media showcases the top 10 youngest champions: Magician No. 5 Kumingga No. 2
-
Tears! Gordon saves the Nuggets with three key goals: He promises to do his best to help Westbrook win the championship
-
Say Caruso is the Thunder Iguodala, but let s just say
-
Ten years ago, Ballmer acquired the Clippers for 2 billion yuan. How much is the market value now? You may not believe it if you say it.
-
The reason for the Thunder G6 s devastating defeat! Jaylen plus or minus - 40 Alexander calmly left the court and pointed to the seventh goal to win the championship
-
Curry: The Rockets have been using joint defense for a long time, and Warriors players must take action when they have the opportunity!
-
Woike: If Hachimura plays another outstanding season, the Lakers should renew their contract for many years
-
American News: The Cavaliers don t need to trade core players such as Garland. They still have great potential if they are not the Lakers.
-
It s irritating! 0 points were scored in the playoffs! This is the Warriors starting point guard