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

40 Comments

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.

Robin Lopez helpfully stopped to tie Jae Crowder’s shoe (VIDEO)

Twitter
Leave a comment

Why did Robin Lopez tie Jae Crowder‘s shoe during Sunday’s Game 4 between the Boston Celtics and Chicago Bulls? We may never know. Perhaps he was just helping the Celtics forward after he tossed him to the ground? Or maybe he’s just doing weird Robin Lopez things?

In any case, Lopez helpfully stopped to tie Crowder’s shoe after it came off during a battle down low early in the third quarter at United Center.

Here’s how it went down.

Via Twitter:

I still have no idea.

Noticeably frustrated, Russell Westbrook gets prickly with reporter after loss to Rockets (VIDEO)

Twitter
3 Comments

The Oklahoma City Thunder and Houston Rockets played an ugly game down the stretch on Sunday. The Rockets employed a hack-a-Andre Roberson strategy, while the Thunder played sloppy and often poorly with Russell Westbrook out of the game.

The latter was the subject in question when Oklahoman reporter Berry Tramel spoke with Westbrook and Steven Adams at a postgame press conference following the Game 4 loss, 113-109.

Tramel’s question — whether the Rockets got a boost when Westbrook was off the floor — was directed at Adams, but the Thunder MVP candidate couldn’t let it go.

Snapping at Tramel, Westbrook told him not to split them up.

Via Twitter:

Tramel’s question is legitimate, and one of the overarching themes of this series thus far. Westbrook’s response is pretty far off the mark, but it did tell the story of how he’s feeling going away from Chesapeake Arena down 3-1.

Game 5 is on Tuesday in Houston.

Kevin Love throws full court pass to LeBron James for sweet and-1 bucket (VIDEO)

AP
Leave a comment

Kevin Love and LeBron James were locked in an epic battle with the Indiana Pacers during the first half of Sunday’s Game 4 playoff matchup. Part of that matchup included yet another long, full court pass between the Cleveland Cavaliers duo.

Love, as you might guess, was the passer and LeBron was again the receiver.

The play came in the final minute of the second quarter, with Love nabbing a rebound from the right block and LeBron jetting down the floor.

Love’s pass was perfectly placed, and Paul George just didn’t have the strength to keep him from getting the and-1.

Cleveland completed the series sweep on Indiana with the win, 106-102.

Nene’s 28 lead Rockets past Thunder for 3-1 series lead

AP
Leave a comment

OKLAHOMA CITY (AP) Nene scored 28 points on perfect shooting from the field, and the Houston Rockets beat the Oklahoma City Thunder 113-109 on Sunday to take a 3-1 lead in their first-round playoff series.

Nene made all 12 of his shots and had 10 rebounds. He helped the Rockets overcome an off night by James Harden, who finished with 16 points on 5-for-16 shooting.

Eric Gordon and Lou Williams each scored 18 points for the Rockets. Trevor Ariza had 14.

Game 5 is Tuesday night in Houston.

Oklahoma City star Russell Westbrook had a triple-double by halftime and finished with 35 points, 14 rebounds and 14 assists. The Thunder said Westbrook joined Wilt Chamberlain as the only players to claim three consecutive playoff triple-doubles.

Steven Adams scored 18 points and Victor Oladipo added 15 for the Thunder.

Westbrook had 17 points, 10 rebounds and 10 assists at the break. He grabbed the 10th rebound in the final second of the second quarter, and the Thunder led 58-54 at intermission. Meanwhile, Harden made just 2 of 9 shots and scored just six points in the first half.

The Thunder opened the second half with a 10-2 run, but Houston closed to 77-73 at the end of the third quarter.

Adams made the first of two free throws with 21.7 seconds remaining to cut Oklahoma City’s deficit to four. He rebounded his missed second free throw and found Westbrook for a 3-pointer that cut Houston’s lead to one point. But the Thunder lost track of Nene on the other end, and he converted a three-point play. Gordon’s two free throws with 6.2 seconds made it a four-point game.

TIP-INS

Rockets: G Patrick Beverley was fined $25,000 by the NBA for confronting a fan after Game 3. The league announced the fine about two hours before Game 4 tipped off.

Thunder: Westbrook had just one turnover in the first half. … Adams went 6 for 6 from the field in the first half. … Westbrook missed all six of his shots in the third quarter.

Follow Cliff Brunt on Twitter: http://www.twitter.com/CliffBruntAP.