Transcript for Former Microsoft CEO Bids $2 Billion for Clippers
The L.A. Clippers about to have a new owner. He's paying $2 billion for the team. Why he believes his investment will pay off as we now hear of a move from Donald sterling. But will it make a difference? ABC in California. Reporter: The surprising and sudden faith of the Los Angeles clippers being sold for a price of $2 billion. Former Microsoft CEO signed the lucrative agreement with Donald sterling's wife, shelly. But despite the team's pending sale, the lawsuits aren't over yet. Donald sterling's lawyer says his client is suing the NBA for $1 billion in damages. Donald sterling is now essentially suing himself. Reporter: That's because his wife agreed that she and the family's trust would be responsible for any judgments against the NBA. If Donald sterling wins in a court of law, he's going to cost himself a lot of money. I'm not sure what the point is. Reporter: The NBA says the suit is baseless. The sale pending approval from its board of governors. That $2 billion offer is nearly four times the previous record price for an NBA team. The Milwaukee Bucs went for $550 million this year. Ballmer says he looks at the clippers the same way he does tech companies. When you buy a tech company, you don't say what is it. You say what can we turn it into. Reporter: Paying for potential. The clippers never won a championship but their future is looking up. I have a big bold dream for the clippers and that's to win. Reporter: Including celebrity investors, Oprah one of them. Saying today she was disappointed but her advisors told her it would not be a good business investment.
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