The NHL to Seattle is closely linked to the NBA coming first. That took a big hit today when Ballmer looks to be the successful bid for the LA Clippers. And no, he won't be moving the team to Seattle from LA since that would be value destructive. Ballmer is the whale in the Hansen group that is building an arena when they acquire an NBA franchise.
Link:
http://www.latimes.com/sports/la-sp-...529-story.html
Quote:
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Former Microsoft chief executive Steve Ballmer won a frenetic bidding war for ownership of the Los Angeles Clippers, with his $2-billion offer setting a record price for an NBA team, The Times has learned.
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