Wednesday, April 30, 2014

David Geffen interested in buying LA Clippers

Entertainment mogul David Geffen may buy the  L.A. Clippers if NBA Commissioner Adam Silver forces a sale of the team, the L.A. Times reports:

"If the Clippers become available he would be interested in buying the franchise," his office said via email, adding that Geffen was not available to elaborate.

Geffen, with a net worth that Forbes estimates at $6.2 billion, reportedly tried to buy at least a controlling stake in the Clippers in 2010 but was rebuffed by owner Donald Sterling.

Silver fined owner Donald Sterling $2.5 million today and banned him from the NBA for life over racist remarks that surfaced over the weekend.

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