Former Microsoft CEO Steve Ballmer Buys Clippers For $2B
For one, media deals for NBA teams and the league at large have ballooned in value and are expected to move higher. Last year, the Clippers' Staples Center arena-mates, the Los Angeles Lakers , signed a 20-year deal with Time Warner Cable worth 3.6 billion. The NBA’s broadcast deals with the TNT and ESPN networks are also set to expire soon, and analysts think a new deal could approach the $2 billion mark The Warriors are now estimated to be worth nearly double their purchase price just four years later.
As far as beach houses go, it’s rather ordinary. It’s not directly on the beach, but perched above, with views of Admiralty Bay captured between evergreens. Measuring just 1,144 square feet, it’s charming but not something expected to be owned by Microsoft CEO Steve Ballmer, whose net worth spans nine digits. Ballmer announced Friday that he would retire from the tech giant in 12 months. Steven Anthony Ballmer (born March 24 , 1956 ) has been the Chief Executive Officer of Microsoft since January 2000. Sourced edit Geffen's group also included Oracle CEO Larry Ellison; Oprah Winfrey; Guggenheim executives Todd Boehly and Mark Walter; Steve Jobs' widow, Laurene Jobs; Steve Wynn's ex-wife, Elaine Wynn; and Beats by Dre co-founder Jimmy Iovine.
Microsoft is an amazing place. I love this company. I love the way we helped invent and popularize computing and the PC. I love the bigness and boldness of our bets. I love our people and their talent and our willingness to accept and embrace their range of capabilities, including their quirks. I love the way we embrace and work with other companies to change the world and succeed together. I love the breadth and diversity of our customers, from consumer to enterprise, across industries, countries, and people of all backgrounds and age groups.
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