Former Microsoft chief executive Steve Ballmer has purchased the Los Angeles Clippers after a court cleared the way for the sale.
The €1.5 billion price tag for the franchise was the highest paid for an NBA team, ending a saga that began when former team owner Donald Sterling was heard making racist remarks to his girlfriend on a tape recording.
According to reports, Ballmer is worth an estimated €16 billion and is the 31st wealthiest person in the United States.
The Clippers, who began in 1970 as the Buffalo Braves, have never won a NBA championship and last year finished with a 57-25 record, losing in the Western Conference semifinals to the Oklahoma City Thunder.
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