Investment bankers don't have a problem with the record $2 billion Steve Ballmer paid for the Los Angeles Clippers, but they also say it's not the new normal for sports team valuations.
Former Microsoft chief executive Steve Ballmer announced Tuesday that he is stepping down from the company’s board after 14 years.
The 2014-15 NBA season schedule has thrown up some exciting match-ups.
The Donald Sterling ruling is pretty appeal-proof. He has a few last-gasp options but it's not looking good for him, says Mitchell Epner.
The former Boston Celtics coach could switch from the Clippers to the Purple and Gold.
Contrary to what you may have read, Monday's trial is NOT about Donald Sterling's mental capacity, says lawyer Mitchell Epner.
The LA Clippers trio will opt out of their contracts, where will they land this summer?
Los Angeles Clippers owner Donald Sterling has a right to pursue his $1 billion federal lawsuit against the National Basketball Association, but the 80-year-old might not live to see the end result, millionaire businessman Kevin O'Leary told CNBC on Tuesday.
Brian Moynihan’s got game.
There's a case to be made that sports teams are now valued more like Picassos, rare diamonds and vintage Ferraris than fundamental businesses.