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<  Yao off the court; Yao's personality  ~  Yao Ming interested in buying Clippers, report says

PostPosted: Thu May 29, 2014 6:21 pm
Posts: 18058Joined: Thu Jul 03, 2003 1:31 pm
Ex-Microsoft CEO is buying the LA clippers?


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PostPosted: Fri May 30, 2014 6:46 am
Posts: 1504Joined: Thu Aug 18, 2011 6:49 pm
Yeah, almost a done deal.


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PostPosted: Fri May 30, 2014 7:35 am
Posts: 2628Location: Hillsborough, CAJoined: Wed Oct 01, 2003 6:34 am
http://m.espn.go.com/nba/story?storyId=11003237

Man, the tag is $2,000,000,000. I thought that Cuban overpaid when he bought the Mavs for close to $400,000,000. Mavs is worth more than the Clippers. Cuban has made some cool money...


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PostPosted: Sat May 31, 2014 10:19 am
User avatarPosts: 12454Joined: Fri Jul 22, 2005 4:27 pm
bobliu wrote:
Cuban has made some cool money...
    from selling his Broadcast.com stocks (a co that he had founded) to yahoo during the peak of the internet bubble
back in the early 1980s Sterling paid ~~20 Milions for the SD Clippers


~35 yr later, he is getting paid $2,000 Million for the team; a profit of $1,980 million, or 99 times his original investment

in a few yrs Balmer will move the Clippers to Seattle and re-name the team to "SuperSonics"


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