Find out who owns the Los Angeles Clippers, the owner's net worth, source of wealth and ownership history of the franchise.
The Los Angeles Clippers are a household franchise in the NBA and are based in Inglewood, California, and part of the NBA's Western Conference Pacific Division.
Who owns the Los Angeles Clippers?
The Los Angeles Clippers is owned by Steve Ballmer, who is the sole owner of the franchise. He purchased the team in 2014 for $2 billion.
Los Angeles Clippers ownership structure
Steve Ballmer
Steven Anthony Ballmer is an American businessman and investor. He is the former CEO of Microsoft (2000–2014).
Steve is the sole owner of the Los Angeles Clippers and San Diego Clippers in the NBA G League and the co-founder of Ballmer Group. According to figures from Forbes, he has a net worth of 131 billion.
Club Net Worth & Valuation
According to figures from Forbes, the Los Angeles Clippers are valued at $5.5 billion.
Club Ownership History
The Clippers franchise was originally founded in 1970 as the Buffalo Braves. The team relocated to San Diego in 1978 and became the San Diego Clippers. In 1984, the franchise moved to Los Angeles and rebranded as the Los Angeles Clippers.
Donald Sterling was the owner of the Clippers from 1981 to 2014 before selling it to Steve Ballmer.