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Posts Tagged ‘LA Clippers’

Magic Johnson Obsessed With Owning The Clippers

May 12, 2014

Los Angeles (AFP) – Hall of Famer Earvin “Magic” Johnson Sunday reiterated his belief that the NBA must oust embattled Clippers owner Donald Sterling, and said players won’t play for Sterling’s wife, Shelly, either. Johnson is a beloved figure in Los Angeles after leading the Lakers to five NBA titles before his retirement in 1991 after announcing he was HIV-positive. Johnson, attending the Clippers’ home playoff game against the Oklahoma City Thunder on Sunday, was asked by an ABC television interviewer if Shelly Sterling was a viable owner. “First the fans wouldn’t like it,” Johnson said. “The players definitely wouldn’t like it, everybody would boycott. “And then the sponsors have already made themselves clear that they wouldn’t be sponsoring this team if either Sterling stayed on as an owner.” Magic Johnson’ obsession.

 

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LA Clippers Less Filling Tastes Great As They Turn A $15M Profit Low Hanging Fruit

April 30, 2014

As for the ongoing finances for the team, a dozen sponsors announced on Monday they had ended or suspended sponsorship deals. But it’s not clear how many have actually stopped making payments to the team. Sports marketing consultant Marc Ganis said it’s unlikely that sponsor contracts would allow them to cancel due to comments made by Sterling or similar controversies. Even if the Clippers take a revenue hit, the team is well positioned to stay profitable. The team already turns a healthy profit on relatively low revenue, according to sports business experts. The Clippers brought in $128 million in annual revenue in the most recent year, according to the most recent estimates by Forbes. That places the team’s revenue near the bottom among the NBA’s 30 teams. But the Clippers still turned a $15 million profit, Forbes estimates. “This is a team that historically had low revenue and low attendance, and made money in spite of that,” said Ganis.

Sponsors continue to make payments, Clippers low hanging fruit for potential new owners.

 

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Sterling Banned From League Magic Johnson For The Takeaway All Is Fair In Love and Basketball

April 30, 2014

NBA Commissioner Adam Silver announced Tuesday Clippers owner Donald Sterling will be suspended for life and fined $2.5 million following racist remarks he made in a recorded audio clip. Silver spoke to the press at an 11 a.m. news conference from New York, stating he will “do everything in my power” to force the sale of the Clippers. While the team currently remains under Sterling’s ownership, other parties have expressed interest in purchasing the team, including a group led by Magic Johnson, according to Yahoo Sports.

Magic Johnson for the takeaway.

 

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Breaking News: Crazy Clippers Owner Donald Sterling Is A Gift To CNN

April 28, 2014

Thus far, the allegedly racist comments from Los Angeles Clippers owner Donald Sterling has triggered reactions from his players, his coach, former all-stars, and a number of public figures — including the President of the United States. President Barack Obama addressed Sterling’s controversial comments during a press conference in Malaysia — a testament that the comments have progressed beyond the NBA.

Clipper owner Donald Sterling news replaces  CNN insistent wall to wall to wall missing  Malaysian Flight 370 coverage with breaking Obama comments on Donald Sterling from Malaysia.

This is CNN.

 

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Eye View Sports LA Clippers Celebrate Somewhat- Black History Month

March 1, 2011

It seems as if Los Angeles Clippers owner Donald Sterling forgot when Black History Month is.

In Sunday’s edition of the LA Times, Sterling was shown next to Clippers star Blake Griffin in an ad explaining how the organization will celebrate.

In honor of Black History Month, the Clippers will “admit 1,000 underprivileged” kids and their parents into Wednesday’s game against the Rockets for free.

However, the date of the game is March 2, making the Clippers late in celebrating Black History month.

LA Clippers late in celebrating February’s Black History Month but early in celebrating March’s Somewhat- Black History Month.