Former NBA commissioner David Stern said the sale of the Los Angeles Clippers is "an exclamation point on the health of the league." Former Microsoft CEO Steve Ballmer agreed to buy the Clippers for $2 billion in May.
Former Microsoft CEO Steve Ballmer agreed to buy the Clippers for $2 billion in May. The deal has been delayed by Donald Sterling filing several lawsuits to try to maintain ownership, but a Los Angeles judge ruled decisively against Sterling in July, allowing the sale to go through.
Stern, who is being inducted into the Naismith Memorial Basketball Hall of Fame this weekend, said the record sale price shows the growth of the league.
He said "there were challenges" in dealing with Sterling's ownership while he was commissioner.
"It was an interesting ownership period," he said. "I'm not going to say anything now that will disturb the waters that will hopefully calm a bit between Adam and Mr. Sterling."
In addition to the Clippers, several other teams have undergone ownership changes recently. The Milwaukee Bucks were sold for $550 million in April, and the Sacramento Kings were sold for a then-record $534 million in 2013.
- Paul Palladino