Media mogul wants to buy LA Clippers if Donald Sterling Sells

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Football News

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.

L.A. Clippers

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