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Topic: Donald Sterling Racism Controversy - page 3. (Read 3605 times)

legendary
Activity: 3766
Merit: 1217
May 05, 2014, 09:23:28 AM
#58
Sweeeeeet.. Magic Johnson and the clippers.. I'd like to see that happen!

I don't think he can afford to buy LA Clippers. His net-worth is only(sic) around $500 million. Even if he is ready to invest 20% of his net-worth, I am afraid that he will have to contend with a 10% stake.
legendary
Activity: 1008
Merit: 1000
Making money since I was in the womb! @emc2whale
May 05, 2014, 08:37:26 AM
#57
Sweeeeeet.. Magic Johnson and the clippers.. I'd like to see that happen!
global moderator
Activity: 3990
Merit: 2717
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May 05, 2014, 03:23:01 AM
#56
I don't think age justifies racism in any form. On other hand racism controversies happens daily in professional sports. Real problem is I don't think this  "ban" would be legal one way or another. I bet people are just pissed since he was talking about Magic Johnson.

magic has already stated that he is open to the idea of purchasing the clippers. and there are rumors that oprah will team up with larry elison (i think he's the guy who made his fortune from oracle) to buy the clippers.

According to Forbes, Oprah Winfrey's net worth is around $3 billion. She could buy the LA Clippers on her own, without any partnership with other billionaires such as Larry Ellison.

she would need to sell big part of her business first. I bet she doesn't keep necessary amount of money to buy it in cash.  

I very much doubt Oprah would shell out all that money on her own. Why we should even want to buy it? She's just probably getting involved in the whole debacle to have something to talk about.

probably because NBA franchises are extremely profitable. and you do know that it makes her a more interesting person right? there's some sort of allure that comes with being a celebrity and owning a franchise... and that only helps her profit even more.

I have no doubt that she'd be interested in putting in a relatively small ammount and being a part owner, but not buying it outright. She probably doesn't have the liquid cash to even do that.
sr. member
Activity: 434
Merit: 250
May 05, 2014, 03:13:16 AM
#55
I don't think age justifies racism in any form. On other hand racism controversies happens daily in professional sports. Real problem is I don't think this  "ban" would be legal one way or another. I bet people are just pissed since he was talking about Magic Johnson.

magic has already stated that he is open to the idea of purchasing the clippers. and there are rumors that oprah will team up with larry elison (i think he's the guy who made his fortune from oracle) to buy the clippers.

According to Forbes, Oprah Winfrey's net worth is around $3 billion. She could buy the LA Clippers on her own, without any partnership with other billionaires such as Larry Ellison.

she would need to sell big part of her business first. I bet she doesn't keep necessary amount of money to buy it in cash.  

I very much doubt Oprah would shell out all that money on her own. Why we should even want to buy it? She's just probably getting involved in the whole debacle to have something to talk about.

probably because NBA franchises are extremely profitable. and you do know that it makes her a more interesting person right? there's some sort of allure that comes with being a celebrity and owning a franchise... and that only helps her profit even more.
global moderator
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May 05, 2014, 03:08:45 AM
#54
I don't think age justifies racism in any form. On other hand racism controversies happens daily in professional sports. Real problem is I don't think this  "ban" would be legal one way or another. I bet people are just pissed since he was talking about Magic Johnson.

magic has already stated that he is open to the idea of purchasing the clippers. and there are rumors that oprah will team up with larry elison (i think he's the guy who made his fortune from oracle) to buy the clippers.

According to Forbes, Oprah Winfrey's net worth is around $3 billion. She could buy the LA Clippers on her own, without any partnership with other billionaires such as Larry Ellison.

she would need to sell big part of her business first. I bet she doesn't keep necessary amount of money to buy it in cash. 

I very much doubt Oprah would shell out all that money on her own. Why we should even want to buy it? She's just probably getting involved in the whole debacle to have something to talk about.
sr. member
Activity: 434
Merit: 250
May 05, 2014, 03:05:24 AM
#53
I don't think age justifies racism in any form. On other hand racism controversies happens daily in professional sports. Real problem is I don't think this  "ban" would be legal one way or another. I bet people are just pissed since he was talking about Magic Johnson.

wtf? magic johnson doesn't have anything to do with the forced sale/repercussions. it's because he's black.
member
Activity: 112
Merit: 10
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May 05, 2014, 03:04:43 AM
#52
I don't think age justifies racism in any form. On other hand racism controversies happens daily in professional sports. Real problem is I don't think this  "ban" would be legal one way or another. I bet people are just pissed since he was talking about Magic Johnson.

magic has already stated that he is open to the idea of purchasing the clippers. and there are rumors that oprah will team up with larry elison (i think he's the guy who made his fortune from oracle) to buy the clippers.

According to Forbes, Oprah Winfrey's net worth is around $3 billion. She could buy the LA Clippers on her own, without any partnership with other billionaires such as Larry Ellison.

she would need to sell big part of her business first. I bet she doesn't keep necessary amount of money to buy it in cash. 
sr. member
Activity: 434
Merit: 250
May 05, 2014, 02:30:37 AM
#51
magic has already stated that he is open to the idea of purchasing the clippers. and there are rumors that oprah will team up with larry elison (i think he's the guy who made his fortune from oracle) to buy the clippers.

According to Forbes, Oprah Winfrey's net worth is around $3 billion. She could buy the LA Clippers on her own, without any partnership with other billionaires such as Larry Ellison.

depends where all that money is allocated.
legendary
Activity: 2114
Merit: 1040
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May 05, 2014, 01:30:23 AM
#50
...
it will likely drag on, and if stern is battling cancer, he probably won't make it past the conclusion.. in which case his bequeathed will inherit the franchise. the NBA has said they want a sale and no inheritance - isn't that a bit extreme btw?

Yes, when I first heard that it was a surprise.
The NBA doesn't want the "tainted" Sterling name on the team.

Running to the courts is no surprise, but I'd rather not see the Gov't getting too much power over pro sports.
legendary
Activity: 3766
Merit: 1217
May 05, 2014, 01:29:41 AM
#49
magic has already stated that he is open to the idea of purchasing the clippers. and there are rumors that oprah will team up with larry elison (i think he's the guy who made his fortune from oracle) to buy the clippers.

According to Forbes, Oprah Winfrey's net worth is around $3 billion. She could buy the LA Clippers on her own, without any partnership with other billionaires such as Larry Ellison.
sr. member
Activity: 434
Merit: 250
May 05, 2014, 01:24:39 AM
#48
10 Potential Candidates To Buy The L.A. Clippers
http://www.forbes.com/sites/kurtbadenhausen/2014/04/30/10-candidates-to-buy-the-l-a-clippers


So You've Decided to Buy the Los Angeles Clippers

But let’s say the NBA prevails and Sterling is forced to sell. Now you will be competing against the richest of the rich. This, more than anything about the specific finances of the Clippers, will drive the price. There are only 30 NBA teams, and only two located in the megalopolis of Los Angeles. Many teams have been in the same hands for decades, and the chance to buy is rare. Before the Milwaukee Bucks were sold for $550 million last month, Forbes valued the franchise at $405 million. The magazine values the Clippers at $575 million—and the team will almost certainly sell for closer to $1 billion.

http://www.businessweek.com/articles/2014-05-02/so-youve-decided-to-buy-the-los-angeles-clippers

yep, this is basically what i said earlier in the thread. being in the LA market is big, so there will be plenty of bidders.

Of course, the "who is bidding now" will happen before, during, and after the court case(s)
This might remain unsettled even after the 2016 political elections....?

it will likely drag on, and if stern is battling cancer, he probably won't make it past the conclusion.. in which case his bequeathed will inherit the franchise. the NBA has said they want a sale and no inheritance - isn't that a bit extreme btw?
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
May 05, 2014, 01:18:15 AM
#47
10 Potential Candidates To Buy The L.A. Clippers
http://www.forbes.com/sites/kurtbadenhausen/2014/04/30/10-candidates-to-buy-the-l-a-clippers


So You've Decided to Buy the Los Angeles Clippers

But let’s say the NBA prevails and Sterling is forced to sell. Now you will be competing against the richest of the rich. This, more than anything about the specific finances of the Clippers, will drive the price. There are only 30 NBA teams, and only two located in the megalopolis of Los Angeles. Many teams have been in the same hands for decades, and the chance to buy is rare. Before the Milwaukee Bucks were sold for $550 million last month, Forbes valued the franchise at $405 million. The magazine values the Clippers at $575 million—and the team will almost certainly sell for closer to $1 billion.

http://www.businessweek.com/articles/2014-05-02/so-youve-decided-to-buy-the-los-angeles-clippers

yep, this is basically what i said earlier in the thread. being in the LA market is big, so there will be plenty of bidders.

Of course, the "who is bidding now" will happen before, during, and after the court case(s)
This might remain unsettled even after the 2016 political elections....?
sr. member
Activity: 434
Merit: 250
May 05, 2014, 01:14:05 AM
#46
10 Potential Candidates To Buy The L.A. Clippers
http://www.forbes.com/sites/kurtbadenhausen/2014/04/30/10-candidates-to-buy-the-l-a-clippers


So You've Decided to Buy the Los Angeles Clippers

But let’s say the NBA prevails and Sterling is forced to sell. Now you will be competing against the richest of the rich. This, more than anything about the specific finances of the Clippers, will drive the price. There are only 30 NBA teams, and only two located in the megalopolis of Los Angeles. Many teams have been in the same hands for decades, and the chance to buy is rare. Before the Milwaukee Bucks were sold for $550 million last month, Forbes valued the franchise at $405 million. The magazine values the Clippers at $575 million—and the team will almost certainly sell for closer to $1 billion.

http://www.businessweek.com/articles/2014-05-02/so-youve-decided-to-buy-the-los-angeles-clippers

yep, this is basically what i said earlier in the thread. being in the LA market is big, so there will be plenty of bidders. it's funny how the owners during the last lockout were complaining about how they were barely squeezing by with all the money they have to pay out to the players, yet everybody wants to own an NBA franchise. that was just bullshit.
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
May 05, 2014, 01:11:22 AM
#45
10 Potential Candidates To Buy The L.A. Clippers
http://www.forbes.com/sites/kurtbadenhausen/2014/04/30/10-candidates-to-buy-the-l-a-clippers


So You've Decided to Buy the Los Angeles Clippers

But let’s say the NBA prevails and Sterling is forced to sell. Now you will be competing against the richest of the rich. This, more than anything about the specific finances of the Clippers, will drive the price. There are only 30 NBA teams, and only two located in the megalopolis of Los Angeles. Many teams have been in the same hands for decades, and the chance to buy is rare. Before the Milwaukee Bucks were sold for $550 million last month, Forbes valued the franchise at $405 million. The magazine values the Clippers at $575 million—and the team will almost certainly sell for closer to $1 billion.

http://www.businessweek.com/articles/2014-05-02/so-youve-decided-to-buy-the-los-angeles-clippers
sr. member
Activity: 434
Merit: 250
May 05, 2014, 01:06:52 AM
#44
Donald Sterling sure is fucked, all around fucked. He's going to die now not as a legend but a rich racist loser. He was complaining about his little golddigger taking a picture with the legend Magic Johnson. I mean, he must really have some pent up aggression if he's going to flip out about a black guy with his chick when that black guy is one of the biggest names to ever play the sport he was involved on for most of his life!

So sad, I hope the other owners vote him out and sell off his stake. It would be awesome if someone like like Dennis Rodman or Jay-Z bought his portion!  
For sure Dennis is broke and cant afford it but Jay can! And he's owned a small portion of a basketball team before. I wouldn't be surprised if hes been reaching out to pick up Donalds part. He's going on tour with Beyoncé this year, average ticket price?? $336!! Smiley He can afford it.

Actually, I bet he's going to buy at least some of Donalds share.

Anyone want to give me some odds?



i think it's either magic's group or oprah's.

also, interestingly enough about stern.. he's also racist to whities. he didn't want to pay JJ reddick because "no white guy is worth that much money." he's a strange man who sees everything through the filter of race.

Apparently he's a SUPERBREAD of human. lol... But, Nah.. Magic cant take part in this, the comment spurred from pictures with him. I think professionally he'll stay away from this one.  And Oprah?? She buys NBA teams?

magic has already stated that he is open to the idea of purchasing the clippers. and there are rumors that oprah will team up with larry elison (i think he's the guy who made his fortune from oracle) to buy the clippers.

Source?

http://www.scpr.org/blogs/economy/2014/04/30/16510/magic-johnson-on-buying-clippers-i-think-the-fans/
legendary
Activity: 1008
Merit: 1000
Making money since I was in the womb! @emc2whale
May 05, 2014, 01:06:02 AM
#43
Donald Sterling sure is fucked, all around fucked. He's going to die now not as a legend but a rich racist loser. He was complaining about his little golddigger taking a picture with the legend Magic Johnson. I mean, he must really have some pent up aggression if he's going to flip out about a black guy with his chick when that black guy is one of the biggest names to ever play the sport he was involved on for most of his life!

So sad, I hope the other owners vote him out and sell off his stake. It would be awesome if someone like like Dennis Rodman or Jay-Z bought his portion!  
For sure Dennis is broke and cant afford it but Jay can! And he's owned a small portion of a basketball team before. I wouldn't be surprised if hes been reaching out to pick up Donalds part. He's going on tour with Beyoncé this year, average ticket price?? $336!! Smiley He can afford it.

Actually, I bet he's going to buy at least some of Donalds share.

Anyone want to give me some odds?



i think it's either magic's group or oprah's.

also, interestingly enough about stern.. he's also racist to whities. he didn't want to pay JJ reddick because "no white guy is worth that much money." he's a strange man who sees everything through the filter of race.

Apparently he's a SUPERBREAD of human. lol... But, Nah.. Magic cant take part in this, the comment spurred from pictures with him. I think professionally he'll stay away from this one.  And Oprah?? She buys NBA teams?

magic has already stated that he is open to the idea of purchasing the clippers. and there are rumors that oprah will team up with larry elison (i think he's the guy who made his fortune from oracle) to buy the clippers.

Source?
sr. member
Activity: 434
Merit: 250
May 05, 2014, 01:02:50 AM
#42
...
I think it's either magic's group or oprah's.
...

Oprah is the queen of big mouth phonies, why can't she stick with her failing cable network?


i don't like oprah that much either. imo she's in showbusiness for owning her own empire.
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
May 05, 2014, 01:01:41 AM
#41
...
I think it's either magic's group or oprah's.
...

Oprah is the queen of big mouth phonies, why can't she stick with her failing cable network?


Edit:
I probably should not have posted the screaming Oprah photo...sorry.
sr. member
Activity: 434
Merit: 250
May 05, 2014, 12:56:45 AM
#40
Donald Sterling sure is fucked, all around fucked. He's going to die now not as a legend but a rich racist loser. He was complaining about his little golddigger taking a picture with the legend Magic Johnson. I mean, he must really have some pent up aggression if he's going to flip out about a black guy with his chick when that black guy is one of the biggest names to ever play the sport he was involved on for most of his life!

So sad, I hope the other owners vote him out and sell off his stake. It would be awesome if someone like like Dennis Rodman or Jay-Z bought his portion!  
For sure Dennis is broke and cant afford it but Jay can! And he's owned a small portion of a basketball team before. I wouldn't be surprised if hes been reaching out to pick up Donalds part. He's going on tour with Beyoncé this year, average ticket price?? $336!! Smiley He can afford it.

Actually, I bet he's going to buy at least some of Donalds share.

Anyone want to give me some odds?



i think it's either magic's group or oprah's.

also, interestingly enough about stern.. he's also racist to whities. he didn't want to pay JJ reddick because "no white guy is worth that much money." he's a strange man who sees everything through the filter of race.

Apparently he's a SUPERBREAD of human. lol... But, Nah.. Magic cant take part in this, the comment spurred from pictures with him. I think professionally he'll stay away from this one.  And Oprah?? She buys NBA teams?

magic has already stated that he is open to the idea of purchasing the clippers. and there are rumors that oprah will team up with larry elison (i think he's the guy who made his fortune from oracle) to buy the clippers.
legendary
Activity: 1008
Merit: 1000
Making money since I was in the womb! @emc2whale
May 05, 2014, 12:55:34 AM
#39
Donald Sterling sure is fucked, all around fucked. He's going to die now not as a legend but a rich racist loser. He was complaining about his little golddigger taking a picture with the legend Magic Johnson. I mean, he must really have some pent up aggression if he's going to flip out about a black guy with his chick when that black guy is one of the biggest names to ever play the sport he was involved on for most of his life!

So sad, I hope the other owners vote him out and sell off his stake. It would be awesome if someone like like Dennis Rodman or Jay-Z bought his portion!  
For sure Dennis is broke and cant afford it but Jay can! And he's owned a small portion of a basketball team before. I wouldn't be surprised if hes been reaching out to pick up Donalds part. He's going on tour with Beyoncé this year, average ticket price?? $336!! Smiley He can afford it.

Actually, I bet he's going to buy at least some of Donalds share.

Anyone want to give me some odds?



i think it's either magic's group or oprah's.

also, interestingly enough about stern.. he's also racist to whities. he didn't want to pay JJ reddick because "no white guy is worth that much money." he's a strange man who sees everything through the filter of race.

Apparently he's a SUPERBREAD of human. lol... But, Nah.. Magic cant take part in this, the comment spurred from pictures with him. I think professionally he'll stay away from this one.  And Oprah?? She buys NBA teams?
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