It's over. The nationwide upset regarding Donald Sterling and the Clippers will have a happy ending. Working behind the scenes, the NBA and Shelly Sterling have crafted a win-win scenario. The Clippers will be sold to a respected, deep pocket owner, Steve Ballmer. The Sterlings turn a $12 million dollar investment into a $2 billion dollar return. After capital gains taxation, they will still net about $1.5 billion. Commissioner Adam Silver achieved his goal of removing the Sterlings from control...
It's over. The nationwide upset regarding Donald Sterling and the Clippers will have a happy ending. Working behind the scenes, the NBA and Shelly Sterling have crafted a win-win scenario. The Clippers will be sold to a respected, deep pocket owner, Steve Ballmer. The Sterlings turn a $12 million dollar investment into a $2 billion dollar return. After capital gains taxation, they will still net about $1.5 billion. Commissioner Adam Silver achieved his goal of removing the Sterlings from control...
Share this Article
Comment on this Article
Recommended
Please to comment