Media mogul wants to buy LA Clippers if Donald Sterling Sells

Published Add your comment

With the recent events and Donald Sterling's life NBA ban, people are already lining up to buy the LA Clippers should he sell up.

Whilst he may not have much choice but to sell given the punishments handed down by commissioner Adam Silver there is no current indication that he will do so.

But, if he does, interest has already been declared by entertainment businessman David Geffen. Geffen, who co-founded movie studio Dreamworks SKG and his eponymous record label Geffen Records, stated his intention to Forbes earlier today.

Forbes, who measures his wealth at around $6.2billion, was told the information by Geffen's office. Geffen apparently showed interest in buying the team back in 2010 but was rebuffed by Donald Sterling in his attempt to acquire a controlling stake.

Geffen may not be alone however, as real-estate billionaire Rick Caruso also has cited interest in getting a consortium together, according to the LA Times.

The Clippers are worth over $570million, a lot more than the $13million that Sterling brought them for in 1981, so Sterling should certainly get a decent payday out of it if he decides to take his interests elsewhere.

Whilst he has been banned from the NBA, attending games and fined the maximum $2.5million that the NBA can fine him, there is nothing to say that he is unable to own the franchise or must sell. Although given the posts that the team and players have been posting, it appears the franchise would like to distance themselves from him.

LA Clippers

Article Comments

Report author of article

Please let us know if you believe this article is in violation of our editorial policy, please only report articles for one of the following reasons.

Report author


This article has been written by a member of the GiveMeSport Writing Academy and does not represent the views of or SportsNewMedia. The views and opinions expressed are solely that of the author credited at the top of this article. and SportsNewMedia do not take any responsibility for the content of its contributors.

Want more content like this?

Like our GiveMeSport Facebook Page and you will get this directly to you.

Already Subscribed to Facebook, don't ask me again

Follow GiveMeSport on Twitter and you will get this directly to you.

Already Following, don't ask me again

Like our GiveMeSport - NBA Page and you will get this directly to you.

Already Subscribed to G+, don't ask me again