Can anyone justify why the Clippers are worth $2 billion tho? I get that $2 billion means nothing to Ballmer but if he were the great businessman everyone says he is, you would think he would at least try to get a good deal (especially with the bad press of Sterling, the owners voting Sterling out, Sterling's own family suing him, & Sterling's health). All the leverage should be with Ballmer but NOOOOOOOOOOOO he forks over $2 billion to buy a team without its own arena. Makes no sense unless Ballmer has also developed dementia.
Yes. Ballmer has $2 billion to spare and is willing to pay it. That makes them worth it to Ballmer. Right after the Clippers went up for sale, bids were placed and they were all at least close to double the actual value of the team ($557million).
Apparently, Ballmer has wanted to own an NBA franchise for a long time, so he basically came in and nearly doubled everyone else's offer.
We've all probably overpaid for something in our lives because of how badly we wanted it. We just haven't had an extra $2billion to overpay for it.