Hi Lee, you must have not read the last line "The only time he will ever see real money from the Clippers is from their sale, if and when it happens". That is where the 2 Billion would come into play. Surprised you missed that, you are a smart guy...it's ok...happens to the best of us. As far as his worth is concerned, you can remove the Clippers from his "investment portfolio" at any time and he still remains a millionaire (in the 80's) and a billionaire after the late 80's early 90's til' Present. I stand by my statement that his wealth comes predominantly from his real estate holdings (some of which he acquired when he basically did Jerry Buss a favor in 1979 by buying about 2.6 million dollars worth of apts. from him so that Jerry could have enough money to close the deal to buy the Lakers, etc.) Oh, and don't forget to adjust for inflation - relative value of an amount of money in one year compared to another. As far as what Lee said above, don't be fooled by his jargon, lol. I would love to hear his explanations as he promised to give me later. Sports teams were not the only things "blossoming" in value throughout the 80's and 90's. Think Donald Trump - real estate was booming. For those of us who knew who Donald Sterling was prior to these tapes being released, most would agree that it was for being a real estate tycoon...and thinking....oh...and doesn't he own a team or something? The Clippers were secondary. They have been until these audio recording were released and as a result...Steve Ballmer offering 2 billion for the Clippers. (These sorts of things make for good headlines) Of course, even if Shelly Sterling alleges that she has full control of the trust and thus the undisputed authority to make that deal with Ballmer....from what I understand, Ballmer isn't going to feel comfortable with any deal until he gets Donald Sterling's signature on that contract...and then the NBA owners would of course have to approve the new ownership. I do find it funny that just a few pages back, many of the regulars on this thread were adamant that Shelly Sterling was not an owner of the Clippers. They rode the bandwagon that stated she had no claim to the franchise as she was not "approved" by the NBA, nor was she ever a controlling owner, and that basically her ownership in the franchise would be squashed by the NBA as it was a moot point. However, now that she allegedly has undisputed control of the Sterling Trust it's funny how those who would so easily dismiss her are seeing no hypocrisy in following her control of the Clippers all the way to the dotted line. Speaking of dotted lines...I recently read that Donald Sterling was not going to sign any final agreements to sell the Clippers so long as the 2.5 million fine and NBA lifetime ban remain in force. And like I said...whether or not Shelly Sterling has the authority to make the deal on behalf of the Sterling Trust...Steve Ballmer has made it known that he would like to see Donald Sterling's signature on that contract. When Donald Sterling signs and the NBA owners officially vote Ballmer in as the new Clippers owner....then I will start looking at Clipper's avatars. Until then, I will be eating a variety of foods...none of which will be crow (HI BOC...BTW, I'm certain I never made any bets promising to eat crow, lol). Anyways, hope all is well to everyone on here and honestly haven't been in the mood to argue about things that don't really affect my personal life. However, Lee decided to contest and post a 2 week old quote of mine...so I felt obliged to reply.
As far as me not being too active on the threads...it is not hiding, but mourning. My fiance and I actually had our dog Mini pass away at the much too too young age of 8 from an unexpected and severe case of acute pancreatitis. We literally went from her vomiting in the morning....taking her to the Vet...who sent us to the VCA Animal Hospital...and then having her go into septic shock and pass way that same night. So damn fast...we were really caught off guard. And while the vets did all that they could...it still Sucks...A LOT. This is why I haven't really spent much time earning my grey hairs here with my two favorite people in the whole world
.
R.I.P. MINI Nov. 2005 - June 2014
View attachment 1017907View attachment 1017908
...nice looking pooch
...hope things get better for you soon...on a lighter note..I have seen some nice CLIPPERS logo's lately..ya know if you want to put up a CHRIS PAUL insurance pic that would be ok(that's allstate ,right?)
