Can you please clarify the amount that Steve Ballmer paid to acquire the Los Angeles Clippers basketball team? I'm curious to know the exact figure he invested in purchasing the franchise, as it's a significant transaction in the world of sports ownership.
            
            
            
            
            
            
           
          
          
            6 answers
            
            
  
    
    Martina
    Wed Sep 25 2024
   
  
    Many observers questioned the wisdom of the investment, arguing that the buyer had overpaid for the team.
  
  
 
            
            
  
    
    isabella_cole_psychologist
    Wed Sep 25 2024
   
  
    In 2014, an individual made a substantial investment in the sports industry by acquiring the Los Angeles Clippers for a staggering $2 billion.
  
  
 
            
            
  
    
    DaeguDiva
    Wed Sep 25 2024
   
  
    This transaction marked the highest amount ever paid for an NBA franchise, surpassing previous records by a significant margin.
  
  
 
            
            
  
    
    SakuraFestival
    Wed Sep 25 2024
   
  
    The previous year, the Milwaukee Bucks had been sold for $550 million, which paled in comparison to the Clippers' sale price.
  
  
 
            
            
  
    
    SamuraiSoul
    Tue Sep 24 2024
   
  
    Despite these concerns, the Clippers have continued to grow in value, with an estimated worth of $4.65 billion today.