View single post by thunderbolt
 Posted: Tue Apr 29th, 2014 11:26 pm
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Joined: Mon Oct 15th, 2007
Location: Manhattan Beach, California USA
Posts: 6205
CanadianHorseman wrote: martini wrote: ... when Sterling sells the team, he is going to make a massive profit.
I heard yesterday on PTI or Around the Horn that Sterling bought the Clippers in 1981 for $ 12.5 million and will likely get around $ 500 million when he sells the team.

The purchase price Sterling paid  is correct, but Forbes just this morning valued the Clippers at just under 1 billion dollars, an increase of over 150 million since the Sterling story broke last week.  Go figure.

The kind of man who wants the government to adopt and enforce his ideas is always the kind of man whose ideas are idiotic. ~ HL Mencken