In light of this recent Donald Sterling revelation, it is becoming more apparent that he is going to have to sell the Los Angeles Clippers. Nobody can make the owner of anything sell against their will, but you will eventually start to see people stop showing up to games. His product won’t be profitable in very short order. Also, the other owners around the league aren’t going to want to be associated with him because of the backlash.
The source of that tape that TMZ obtained was a picture on Instagram of Sterling’s girlfriend and Magic Johnson. That apparently is what set him off.
Ironically, Magic Johnson reportedly wants to buy the Clippers from Sterling. His pockets are certainly deep enough and it makes sense given his ties to the area. He’s already a part-owner of the Dodgers, so what’s one more team?
Magic Johnson and his billionaire backers, the Guggenheim Partners, want a chance to purchase the Los Angeles Clippers, league sources told Yahoo Sports. “Magic’s absolutely interested,” one source closely connected to Johnson’s business interests told Yahoo Sports on Sunday night.
Magic Johnson and Guggenheim had been aggressive in pursuing a purchase of the Los Angeles Lakers – only to have the Buss family make clear to them the franchise isn’t for sale, sources told Yahoo Sports.
H/T: Yahoo!