Grant Hill and Ares Capital Management Chairman Tony Ressler spent Monday afternoon at the Malibu, California, home of Shelly Sterling, who had something lots of rich folks wanted: the Los Angeles Clippers.
One group not cheering Steve Ballmer’s record $2 billion purchase of the Los Angeles Clippers: basketball fans back in Seattle.
The New York Knicks and Milwaukee Bucks will play a regular-season game in London next season, while the Houston Rockets will take on the Minnesota Timberwolves in Mexico City.
Jeremy Lin hit a free throw with 4.9 seconds remaining to give the New York Knicks the lead in a 100- 98 victory over the Minnesota Timberwolves in a National Basketball Association contest.
The National Basketball Association banned Los Angeles Clippers owner Donald Sterling for life and fined him $2.5 million for making racist remarks, the first time an owner was suspended in 14 years.
Minnesota Timberwolves General Manager David Kahn was fined $50,000 by the National Basketball Association for comments about marijuana use by recently acquired forward Michael Beasley .
The sale of the Los Angeles Clippers will yield a windfall for Donald Sterling, whose racist remarks and bungled apology will lead to a record-shattering price for a team.
Andrei Kirilenko, the National Basketball Association player known as AK-47, is defying Russian antipathy toward U.S. brands by opening the country’s first Hooters restaurant.