Transcript for Deal to Sell LA Clippers for $2 Billion
The L.A. Clippers now being sold for a whopping $2 billion. ABC's Ryan smith has been on this story from the very beginning. Reporter: Good morning, George. Big development. The Los Angeles clippers, ABC news learning they've been sold to Microsoft billionaire Steve Ballmer. $2 billion. That sale would need to be approved by the NBA, who is not commenting at this time. Ballmer said he is honored to have his name submitted for NBA arrivpprov approval. There could be rough waters ahead. While shelly signed an agreement with Ballmer. Donald sterling hasn't given his okay to the deal. And ESPN is reporting that Donald sterling is mentally incapacita incapacitated. That might mean that shelly doesn't have the right to sell the team without his approval. Reporter: That means he wouldn't have the capacity to make an agreement or disavow one. She said she has an agreement with him to be able to sell the team. That should give her authority. The key thing here, what is in that agreement? Does he have any say? If he does, he could hold up the sale. Looking for detail there's. We haven't heard from the NBA yet. Now, to the latest on the
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