Three Reasons Why Former Microsoft CEO Steve Ballmer Might Be Wasting $2 billion on the Los Angeles Clippers - And Three Why He Might Not

Steve Ballmer, the recently-retired former chief executive of Microsoft, is spending $2bn on buying the Los Angeles Clippers NBA franchise – a record for a professional basketball team. The purchase follows an unsuccessful tilt at the Sacramento Kings basketball outfit last year and cements a life-long passion for Ballmer, who regularly played hoops with colleagues at a public gym near Microsoft’s Seattle campus until recent years. Yet, business and sport have often been uneasy investment be...