Description: Former Microsoft Corp. (MSFT) Chief Executive Officer Steve Ballmer bought the Los Angeles Clippers for a record $2 billion as the wife of Donald Sterling pushed through the sale without gaining the approval of the embattled owner.
Date: May 30, 2014
Questions for Discussions:
- Do you think the price was fair to both parties to the deal?
- How should a sports franchise be evaluated from a financial point of view?