Earvin Magic Johnson

Clippers, with Magic Johnson among the bidders, could sell for more than $1 billion

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Donald Sterling will soon be forced to sell the Los Angeles Clippers if NBA commissioner Adam Silver gets his way.

The result will likely be a $1 billion windfall for Sterling, who bought the team $12 million in 1981.

Adrian Wojnarowski of Yahoo Sports:

Magic Johnson was previously reported to be interested, though he denied it.

Johnson’s denial left him an obvious semantic out – “they already have an owner.” Depending on interpretation of Silver’s punishment, the Clippers no longer have an owner. Surely, Johnson will interpret the situation however he pleases if he wants to bid on the team. Nothing is stopping him.

Especially not the commissioner.

“Magic Johnson knows he’s always welcome as an owner in this league,” Silver said.

It’s unclear how the unconventional sale would unfold, but Johnson fronted a group that bought the Los Angeles Dodgers for $2 billion two years in a sealed-bid process. He’s successfully navigated these murky waters before.

There will certainly be other interested parties, too. The Clippers play in a huge market, even if the Lakers dominate it, and they have two of the NBA’s better and more-marketable players in Blake Griffin and Chris Paul.

Earlier this year, Forbes listed the Clippers’ value at $575 million. So why the $1 billion estimates?

There are several mitigating factors, including some that will lower the final price, that should ultimately lift the franchise’s value near 10 digits. Among them:

  • The Clippers would sell for the price offered by the highest bidder, not the consensus price.
  • Forbes’ valuation includes Sterling as the team’s owner. The Clippers could be much more valuable with better ownership.
  • If bidders know Sterling does not have the option to take the team off the market, they could offer less than they would if Sterling’s hand wasn’t forced. (This would lower the final price.)
  • Buying the team now would bring a high amount of good publicity to the new owners.

Gordon Hayward beats buzzer, Mavericks (video)

CHARLOTTE, NC - JANUARY 18:  Gordon Hayward #20 of the Utah Jazz during their game at Time Warner Cable Arena on January 18, 2016 in Charlotte, North Carolina.  NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement.  (Photo by Streeter Lecka/Getty Images)
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Rodney Hood got the Jazz to overtime.

Gordon Hayward took it from there.

This extends Utah’s win streak to eight games and snaps a 10-game losing streak in Dallas. The last time the Jazz won in Dallas? Mavericks guard Deron Williams started – for Utah.*

*Those Jazz brought Paul Millsap, Kyle Korver and Wesley Matthews off the bench. Dang

Rodney Hood sends Jazz-Mavericks to OT (video)

during their game at Time Warner Cable Arena on January 18, 2016 in Charlotte, North Carolina.  NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement.
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Up three points and the final seconds winding down, the Mavericks had a great chance to intentionally foul Trey Lyles (a 62% free-throw shooter) with his back to the basket.

Instead, they allowed Rodney Hood to hit this shot and get the Jazz to overtime.

Avery Bradley fouls Khris Middleton, who makes game-winning free throw (video)

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The Bucks led the Celtics led the Bucks by 19 in the fourth quarter and four in the final minute.

But Boston completed its comeback when Jerryd Bayless committed a boneheaded foul on Kelly Olynyk with a second left, shoving Olynyk in the back on the inbound. Olynyk sunk both free throws to tie the game.

Then, Khris Middleton got Bayless off the hook.

Middleton drew a foul on Avery Bradley, who was trying to contest the game-winning shot. The Milwaukee wing made one free throw then intentionally the second, and Jae Crowder couldn’t replicate this.

Gregg Popovich shakes head at New Hampshire primary results during in-game interview (video)

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Par for the course, Gregg Popovich gave curt answers to end his in-game interview quickly.

But David Aldridge tempted the Spurs coach, asking whether he wanted New Hampshire primary results. Popovich walked back to hear the answer.

Told Bernie Sanders and Donald Trump won, Popovich shook his head.

Was that disapproval for the Democratic or Republican candidate – or both?