Matt Damon looking to become 'super tiny minority investor' of Clippers
The list of potential suitors ready to bid for the Los Angeles Clippers continues to grow. Names ranging from Magic Johnson to Oprah Winfrey to billionaire doctors and real estate investors have reportedly expressed interest, and now Matt Damon can be added to the list.
The Hollywood actor told CNBC that he wants in as a "super tiny minority investor" should the current owner, the embattled Donald Sterling, be forced to sell the franchise.
Damon's reported interest, and that of a handful of other notables, comes on the heels of newly appointed Commissioner Adam Silver gave Sterling a lifetime ban and $2.5 million fine for racist comments made by the team owner that came to light last weekend, hours after his 80th birthday. In a recording that was made public, Sterling said he didn’t want African Americans at his games and didn't want his friend -- who was part of the private conversation -- posting pictures of herself with African Americans.
Silver said in a press conference announcing the punishment on Tuesday that he expects unanimous support from league's other owners in exercising NBA bylaws that would force Sterling to sell the franchise. The billionaire purchased the franchise 1981 for $12.5 million. The organization is now reportedly worth at least $575 million, with Forbes ranking it the 13th most valuable franchise.
Matt Damon tells @CNBC he’d like to be part of a new Clippers ownership group as a “super tiny minority investor.” — darren rovell (@darrenrovell) April 30, 2014