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May 30, 2014
05/14
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l.a. clippers basketball team is set to be sold for $2 billion, and c.e.o.to buy the franchise to end the ownership of donald sterling who has been ban for like for comments and he purchased them for $12 million in 1981 and they will vote on the sale on tuesday. if the sale goes ahead the l.a. clippers are the most expensive n.b.a. team and the previous sale was in april when the bucks were sold for $550 million sold to two executives and how does this stand up? n.f.l.'s miami dolphins were purchased for $1.1 billion and bought in 2005 for $1 point 4 million by malc oshgo , the bil and magic johnson purchased the team for $2.1 billion back in 2012. the spurs are edging toward a big pay for themselves, one win away from the place in the n.b.a. finals and the spurs beat the oklahoma sun okc and more popularly known, five of the western conference final serious 117-80 point gives the spurs a 3-2 lead and game six is in oklahoma on saturday. >> don't get too excited about yourself if you win and don't hang your head and do a pity party if you lose. what is impor
l.a. clippers basketball team is set to be sold for $2 billion, and c.e.o.to buy the franchise to end the ownership of donald sterling who has been ban for like for comments and he purchased them for $12 million in 1981 and they will vote on the sale on tuesday. if the sale goes ahead the l.a. clippers are the most expensive n.b.a. team and the previous sale was in april when the bucks were sold for $550 million sold to two executives and how does this stand up? n.f.l.'s miami dolphins were...
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May 30, 2014
05/14
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l.a. clippers basketball team. a sale after the nba hosted lifetime ban from the sport that followed massive controversy over racist statements made by sterling after the statements became public and enraged players demanded his ouster. team, the% of the tech billionaire agreed to pay $2 billion for the franchise, and nba record. the sale is not yet finalized. he still needs to approve the sale. his lawyers says he is fighting .is punishment >> our latest business news, we are joined in the studio. google is bowing to a ruling from the european union top court? >> google is bowing to the european court of justice. an online form that has allowed europeans to ask for their personal details be removed from online search results that follows a recent ruling that upheld the so-called right to be forgotten. the chief executive has told the financial times that more internet regulation could hurt jeanette startups. >> a european privacy headache for digital search giant google. the eu ruled that the citizens have the righ
l.a. clippers basketball team. a sale after the nba hosted lifetime ban from the sport that followed massive controversy over racist statements made by sterling after the statements became public and enraged players demanded his ouster. team, the% of the tech billionaire agreed to pay $2 billion for the franchise, and nba record. the sale is not yet finalized. he still needs to approve the sale. his lawyers says he is fighting .is punishment >> our latest business news, we are joined in...
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May 22, 2014
05/14
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l.a. clippers' basketball team for racist remarks. in the letter, the senators say the football league should no longer use redskins, calling it a racial slur. the nfl says the intent of the team name has always been to present a strong and respectful image. >>> a nearly 5,000-acre wildfire burning out of control in arizona this morning and hundreds of firefighters and hot shot crews have teamed up to fight the flames on the ground and hopefully from the sky. this is all happening near sedona, arizona. that's where nbc's miguel almaguer joins us with the latest. >> reporter: good afternoon. here at base camp, crews are pouring in from all across the region. some 500 firefighters are on the ground. there's also a strike team in the air, attacking this blaze, that is moving quickly through forestland. the fire has charred some 5,000 acres and is zero percent contained. it's a wind-fueled fire, and drought conditions fanning these flames at an extremely high speed and a fast growth rate. crews say they are going to make progress today, b
l.a. clippers' basketball team for racist remarks. in the letter, the senators say the football league should no longer use redskins, calling it a racial slur. the nfl says the intent of the team name has always been to present a strong and respectful image. >>> a nearly 5,000-acre wildfire burning out of control in arizona this morning and hundreds of firefighters and hot shot crews have teamed up to fight the flames on the ground and hopefully from the sky. this is all happening near...
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May 29, 2014
05/14
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l.a. clippers basketball team. as rachel kim reports, it includes oracle's larry ellison and some of the biggest names in entertainment. >>> reporter: donald sterling's attorney told us they are working on a draft of a claim against the nba. >> he was very much disturbed, shocked, upset, by these charges at the beginning and i think his equilibrium was affected. he's emerged from that now. >> reporter: the response would be his way of buying time by getting the courts to step in. >> the more time he gets, allows him to strategically evaluate other ways to perhaps sell the team even other ways to perhaps even keep the team. >> reporter: next tuesday, the league's board of governors is scheduled to vote on whether to force sterling to sell the clippers following his racially insensitive comments. espn reports that out of all the buyers a potential super group of owners may be in the works led by music mogul david again, oracle's ceo larry ellison and oprah winfrey. only now, this group also apparently includes two se
l.a. clippers basketball team. as rachel kim reports, it includes oracle's larry ellison and some of the biggest names in entertainment. >>> reporter: donald sterling's attorney told us they are working on a draft of a claim against the nba. >> he was very much disturbed, shocked, upset, by these charges at the beginning and i think his equilibrium was affected. he's emerged from that now. >> reporter: the response would be his way of buying time by getting the courts to...
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May 6, 2014
05/14
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l.a. clippers basketball team? a poll shows americans are divided. >> incredibly surprising.e banned sterling for life after the comments that were made and recorded on line. we know this by now. the interesting thing -- opinions are split over whether he should be forced to sell the team. a cnn/orc poll of more than 1,000 americans, look, 47% believe he should have to divest his interests. but despite all of the outrage, all of the news coverage, everything which has been said about this, 50% don't think so. we should say that is within the poll's sampling era. if the other nba owners decide sterling does have to sell the clippers, the billionaire could fight back through the court. >> reporter: as the clippers launch into the second round of playoffs tonight, another court is warming up -- legal court. at center, embattled clippers owner donald sterling. >> the only limitation is a lawyer's korea test in terms of who to sue and how to sue to drag this out. >> reporter: playing defense says this attorney is sterling's first move after the nba banned him from the league for l
l.a. clippers basketball team? a poll shows americans are divided. >> incredibly surprising.e banned sterling for life after the comments that were made and recorded on line. we know this by now. the interesting thing -- opinions are split over whether he should be forced to sell the team. a cnn/orc poll of more than 1,000 americans, look, 47% believe he should have to divest his interests. but despite all of the outrage, all of the news coverage, everything which has been said about...
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May 4, 2014
05/14
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l.a. clippers basketball team, announcing that they will appoint a new chief executive officer to supervise the team's day-to-day operations. this week clipper's owner donald sterling was banned for life from the n.b.a. after recording racially charged comments. >> coming up next on al jazeera america, we take a deeper look at world press freedom day - a day that hits close to home for al jazeera america. >> here what a judge told our colleagues being detained in egypt after the break. >> plus, on the trail of mers, a potentially deadly disease in the middle east has turned up in the midwest. we'll tell you what you need to know. >>> welcome back. it's world press freedom day, and we are taking a deeper look at the challenges facing journalists around the world. this map is telling. according to freedom house the countries highlighted in yellow have the highest amount of press freedom, where journalists feel the safest. the countries highlighted in blue are classified as partly free and in red not free, places where journalists may feel their lives are in danger. courtney kealy has more. >>
l.a. clippers basketball team, announcing that they will appoint a new chief executive officer to supervise the team's day-to-day operations. this week clipper's owner donald sterling was banned for life from the n.b.a. after recording racially charged comments. >> coming up next on al jazeera america, we take a deeper look at world press freedom day - a day that hits close to home for al jazeera america. >> here what a judge told our colleagues being detained in egypt after the...
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May 30, 2014
05/14
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l.a. clippers basketball team, for a record breaking sale, those details coming up with robin. >> i'm joe berlinger this is the system people want to believe that the justice system works. people wanna believe that prosecutors and police do the right thing. i think every american needs to be concerned about that. we do have the best justice system in the world, in theory... the problem is, it's run by human beings... human beings make mistakes... i'd like to think of this show as a watch dog about the system... to make sure justice is being served. wrongful convictions happen, we need to be vigilant. with our personal liberties taken away from us, it better be done the right way. is justice really for all? >> hello, again, a reminder of the top stories this hour. thailand's military chief has ruled out holding elections for at least a year. general who overthrew the government in acylase week, says there needs to be enough time for political reform. >> syrian observatory for human rights says over 2,000 people have been killed in barrel bomb attacks so far this year. only 600 of the dead
l.a. clippers basketball team, for a record breaking sale, those details coming up with robin. >> i'm joe berlinger this is the system people want to believe that the justice system works. people wanna believe that prosecutors and police do the right thing. i think every american needs to be concerned about that. we do have the best justice system in the world, in theory... the problem is, it's run by human beings... human beings make mistakes... i'd like to think of this show as a watch...
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May 27, 2014
05/14
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l.a. clippers basketball team.e was recorded telling his girlfriend not to hang out with black people, after she posted a picture with magic johnson on instagram. sterling says it was a a misunderstanding. he's not sure when the recording was made. and he doesn't want magic johnson at his games. [ light laughter ] even mel gibson was like, "just stop talking. [ laughter ] just stop -- just stop talking. [ applause ] just go -- hang out -- let's -- he didn't mean that. just go somewhere. hang out." and i guess some people are actually defending sterling saying he has a very good record of hiring minorities. for instance he always has at least one white guy on the team. always. [ laughter ] at least -- always. [ laughter ] [ applause ] yeah. in their defense sterling and the clippers released a a statement saying they weren't sure if the tape was even real. that is still not a good sign if you hear your voice in a a racist rant and go "oh that might be me. [ light laughter ] sounds like something i might have said, m
l.a. clippers basketball team.e was recorded telling his girlfriend not to hang out with black people, after she posted a picture with magic johnson on instagram. sterling says it was a a misunderstanding. he's not sure when the recording was made. and he doesn't want magic johnson at his games. [ light laughter ] even mel gibson was like, "just stop talking. [ laughter ] just stop -- just stop talking. [ applause ] just go -- hang out -- let's -- he didn't mean that. just go somewhere....
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May 31, 2014
05/14
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l.a. clippers basketball team. the nb hah has canceled the hearing to oust donald sterling.oving forward on a vote to approve the $2 billion sale of the team to former microsoft ceo steve ballmer. sterling says he will sue the nba. >>> and embattled secretary eric shinseki is stepping down. pressure on shinseki mounted after this week's report from the v.a.'s internal watchdog found delayed care for thousands and deception throughout the v.a. health care system. >>> and the miami heat are gearing up for a possible three-peat. the heat eliminated the indiana pacers in a blowout, 117-92. that was friday night. the heat are now the third franchise in nba history to reach the finals in four-consecutive seasons. they'll face either the spurs, or oklahoma. >>> and this high school baseball team got a big play from their first baseman, luke harris. harris, you see him there, chasing down a fly ball. he goes flipping over the fence. incredible catch. nonetheless, his team went on to lose that game 4-1. but pretty amazing catch there by luke harris. possibly related to dan harris. >>
l.a. clippers basketball team. the nb hah has canceled the hearing to oust donald sterling.oving forward on a vote to approve the $2 billion sale of the team to former microsoft ceo steve ballmer. sterling says he will sue the nba. >>> and embattled secretary eric shinseki is stepping down. pressure on shinseki mounted after this week's report from the v.a.'s internal watchdog found delayed care for thousands and deception throughout the v.a. health care system. >>> and the...
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l.a. clippers basketball team. where is that? nicole: the stock hit a new high, it is close to 4%. but we do have scatters saying they will explore buying a stake, consulting with advisers for this to possibly move forward with this. they will:a slew of other folks who expressed an interest including magic johnson, boxing champion floyd may weather and oprah winfrey, sketches of the well, great with sales. you may remember the boston marathon that was recently run was the winner was wearing sketches sneakers. look what is happening to the stock. they make more. than the l.a. clippers. i wonder if you don't like that. stuart: a beautiful run came to an end not too long ago. that chart showed a big nasty sell-off so that sketches today thinking a bit for the l.a. clippers. thank you very much. i will call this a surprise headline, harry reid, wait for it, is ready to bring a vote on the keystone pipeline to the senate floor. what? senator harry reid is a harsh critic of the pipeline. i can't believe he wants to bring a vote to the floor. i can't believe it. >> it is harry reid and th
l.a. clippers basketball team. where is that? nicole: the stock hit a new high, it is close to 4%. but we do have scatters saying they will explore buying a stake, consulting with advisers for this to possibly move forward with this. they will:a slew of other folks who expressed an interest including magic johnson, boxing champion floyd may weather and oprah winfrey, sketches of the well, great with sales. you may remember the boston marathon that was recently run was the winner was wearing...
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May 28, 2014
05/14
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l.a. clippers basketball team after the former owner donald sterling is forced to give up the company. phone out who's ready to play ball. >>> bring out the bling meanwhile, luxury retailer michael kors posts fourth quarter earnings. will the company stock still be in style for investors? we get the analyst view later. did you see my voice pick up with fashion versus football? i couldn't help myself. >>> and we head to thailand where the army continues to tighten its grip on the can't after imposing a night time curfew. we'll be live with the latest in bangkok. stay with us. >>> you're watching "worldwide exchange." let's get you up to date with some of today's tech news. intel has entered a tie-up with rockchip to create chips for use in entry level tablets. under its rare collaboration, both companies will be jointly developing and selling the product. the partnership does not include any investment between the two companies. intel says the chips produced under the new tie-up will be available in the first half of 2015. >>> nadella says the future depends on the company's ability to
l.a. clippers basketball team after the former owner donald sterling is forced to give up the company. phone out who's ready to play ball. >>> bring out the bling meanwhile, luxury retailer michael kors posts fourth quarter earnings. will the company stock still be in style for investors? we get the analyst view later. did you see my voice pick up with fashion versus football? i couldn't help myself. >>> and we head to thailand where the army continues to tighten its grip on...
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May 30, 2014
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l.a. clippers, the basketball team is going for 2 billion. is toronto maple leafs to value. here are the three remaining. i'm not surprised that the new york rangers is not worth a billion. maple leafs are higher, 1.15 billion. tell me why. do you expect prices to go up, is specially l.a. being mark key markets and only 450 million -- marquee. >> i do expect values going up. the part of the increase in franchise values was the last cba where revenue sharing went from 57-43 in favor of the players to 50/50. i think it made it a lot more viable for owners to turn a profit now with the 50/50 revenue and i think the league has done a great job selling the game. our revenues have been growing. post-lockout, it's, things are looking up. the tv contracts have gone up. the canadian tv contracts is healthy. the u.s. one will get healthier. liz: all right. >> i do think all those things are going to create a much, much stronger league and higher franchise value. liz: good luck to have you, and good luck to your players, but not too much luck to the bla
l.a. clippers, the basketball team is going for 2 billion. is toronto maple leafs to value. here are the three remaining. i'm not surprised that the new york rangers is not worth a billion. maple leafs are higher, 1.15 billion. tell me why. do you expect prices to go up, is specially l.a. being mark key markets and only 450 million -- marquee. >> i do expect values going up. the part of the increase in franchise values was the last cba where revenue sharing went from 57-43 in favor of the...
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liz: it has devalued $66 billion, isn't that enough to buy maybe a basketball team, the l.a. clippers>> right now i don't think i want to own a basketball team. i think they would have some other suggestions first. deposited into their accounts. liz: can't you give them the money? >> you have been talking to them. they are doing all right. liz: he was given them all a lot of money a billion dollars each to start their own philanthropic foundations. now beating the s&p after legging over five years. this company tends to do better, but the best record investing over the past four decades than anyone else. leaving on a jet plane or for many visitors, that would be on a private jet plan. getting the 1% from point a to point b and whether it is the right way for you to travel, have another fox business exclusive next. and monday i sit down with warren buffett and bill gates along with vice chairman. fox business started this tradition, copiers have followed and tried, what it is never as good as it is with us. do you have a question for the oracle himself? you might get a question. stay t
liz: it has devalued $66 billion, isn't that enough to buy maybe a basketball team, the l.a. clippers>> right now i don't think i want to own a basketball team. i think they would have some other suggestions first. deposited into their accounts. liz: can't you give them the money? >> you have been talking to them. they are doing all right. liz: he was given them all a lot of money a billion dollars each to start their own philanthropic foundations. now beating the s&p after...
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May 30, 2014
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basketball team, the l.a. clippers. pay $2 billion to buy the team from the starlings. robert franco joins us now. $2 billion is a lot of money. is he a basketball fan? >> the great thing about steve ballmer, everyone was wondering, what is this guy going to do now? he tried to buy the hockey team in l.a. and now he succeeded at this. $2 billion is a lot of money. this was a team that was bought many years ago for $12.5 billion. it is above the highest valued basketball team. one of the most valuable franchises in the world, which is kind of surprising. >> we have been trying to make that point in the newsroom. who? what? >> well everyone knows the lakers, the chicago bulls. the clippers have never been a championship team. >> what is he going to do? teams -- it is kind of like london real estate. they don't always have a market for it. you always have a market for people who are willing to pay very high. most sports teams are not that profitable but they tend to bid up very aggressively because billionaires want to own certain things. holmes, sports teams and yachts. >>
basketball team, the l.a. clippers. pay $2 billion to buy the team from the starlings. robert franco joins us now. $2 billion is a lot of money. is he a basketball fan? >> the great thing about steve ballmer, everyone was wondering, what is this guy going to do now? he tried to buy the hockey team in l.a. and now he succeeded at this. $2 billion is a lot of money. this was a team that was bought many years ago for $12.5 billion. it is above the highest valued basketball team. one of the...
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l.a. clippers basketball team was recorded telling his girlfriend slash mistress not to publicize picturesof herself with black people nor bring them to the games despite the fact that his team is nearly entirely made up of african-americans of course his league commons unleashed a media firestorm over network from m s n b c to fox hosting panels on race in america and unsurprisingly they missed the point donald sterling's comments were vile but the real issue concerning race in america is a structural problem for example take a look at the n.b.a. beyond donald sterling's comments were in a five thirty eight in two thousand and thirteen seventy six point three percent of n.b.a. players were african-american compared with just two percent of the league's majority . owners in fact michael jordan is the league's only black owner sounds like the n.b.a. has a race problem but alas expecting the mainstream media to delve into the real issues of race in america even within the n.b.a. would be far too complicated and said we should all be shocked that yet another old white man is making ignorant c
l.a. clippers basketball team was recorded telling his girlfriend slash mistress not to publicize picturesof herself with black people nor bring them to the games despite the fact that his team is nearly entirely made up of african-americans of course his league commons unleashed a media firestorm over network from m s n b c to fox hosting panels on race in america and unsurprisingly they missed the point donald sterling's comments were vile but the real issue concerning race in america is a...
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May 2, 2014
05/14
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l.a. clippers to sell his basketball team after he got a lifetime ban from the sport earlier this week when racist remarks of his turned up on the internet machine. also on the show tonight, it turns out there has been a very unexpected ending to the old cliven bundy militia standoff thing in nevada. if you thought that story was over, congratulations, you're right. it is. but what got left behind there physically after the story turns out is truly weird. and we've got the details on that coming up. we've also got news tonight out of oregon that i have to tell you, we'll peek behind the scenes. we spent three days fact-checking this story out of oregon because i personally did not believe it. i thought we were being punked. but after three days of checking i am now satisfied that this is a true story. and if it is in fact a true story i think it is the best story of the year so far in terms of this year's elections and running for congress. so we've got lots going on tonight. we've got a big show. but we start tonight in tulsa. tulsa, oklahoma. the cbs affiliate in tulsa, oklahoma is called
l.a. clippers to sell his basketball team after he got a lifetime ban from the sport earlier this week when racist remarks of his turned up on the internet machine. also on the show tonight, it turns out there has been a very unexpected ending to the old cliven bundy militia standoff thing in nevada. if you thought that story was over, congratulations, you're right. it is. but what got left behind there physically after the story turns out is truly weird. and we've got the details on that...
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May 2, 2014
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l.a. clippers to sell his basketball team after he got a lifetime ban from the sport earlier this week whenarks of his turned up on the internet machine. also on the show tonight, it turns out there has been a very unexpected ending to the old cliven bundy militia standoff thing in nevada. if you thought that story was over, congratulations, you're right. it is. but what got left behind there physically afterhe
l.a. clippers to sell his basketball team after he got a lifetime ban from the sport earlier this week whenarks of his turned up on the internet machine. also on the show tonight, it turns out there has been a very unexpected ending to the old cliven bundy militia standoff thing in nevada. if you thought that story was over, congratulations, you're right. it is. but what got left behind there physically afterhe
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May 2, 2014
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l.a. clippers to sell his basketball team after he got a lifetime ban from the sport earlier this week whenrks of his turned up on the internet machine. also on the show tonight, it turns out there has been a very unexpected ending to the old cliven bundy militia standoff thing in nevada. if you thought that story was over, congratulations, you're right. it is. but what got left behind there physically after the story turns out is truly weird. and we've got the details on that coming up. we've also got news tonight out of oregon that i have to tell you, we'll peek behind the scenes. we spent three days fact-checking this story out of oregon because i personally did not believe it. i thought we were being punked. but after three days of checking i am now satisfied that this is a true story. and if i
l.a. clippers to sell his basketball team after he got a lifetime ban from the sport earlier this week whenrks of his turned up on the internet machine. also on the show tonight, it turns out there has been a very unexpected ending to the old cliven bundy militia standoff thing in nevada. if you thought that story was over, congratulations, you're right. it is. but what got left behind there physically after the story turns out is truly weird. and we've got the details on that coming up. we've...
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May 2, 2014
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l.a. clippers to sell his basketball team after he got a lifetime ban from the sport earlier this week whenarks of his turned up on the internet machine. also on the show tonight, it tu
l.a. clippers to sell his basketball team after he got a lifetime ban from the sport earlier this week whenarks of his turned up on the internet machine. also on the show tonight, it tu
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May 31, 2014
05/14
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l.a. clippers basketball franchise could sell for $2 billion. that kind of price tag would bode well for msg's teamsthe rangers and the knicks. shares up to $54.86. >>> now, as for the l.a. clippers who was the winning bidder? none other than former microsoft ceo steve ballmer. that $2 billion price tag though is still not a done deal. the embattled owner donald sterling could still fight the sale. but it seems the new past time for the very rich is buying sports teams. robert frank takes a look at whether sports franchises are becoming a new collectible for billionaires. >> reporter: call it billionaire inflation. the prices of things that billionaires really want are soaring. sports teams may be their h hottest new status symbol. steve ballmer, former ceo, has bid to buy it for $2 billion. he is obsessed he says with basketball, and needs something to do. he as $18 billion. >> ultimately, $2 billion was the price steve ballmer had to pay because this was a very competitive bidding process and he knew if he came in low he would not win this team. >> now if this deal happens it will underscore a fun
l.a. clippers basketball franchise could sell for $2 billion. that kind of price tag would bode well for msg's teamsthe rangers and the knicks. shares up to $54.86. >>> now, as for the l.a. clippers who was the winning bidder? none other than former microsoft ceo steve ballmer. that $2 billion price tag though is still not a done deal. the embattled owner donald sterling could still fight the sale. but it seems the new past time for the very rich is buying sports teams. robert frank...
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May 1, 2014
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l.a. clippers owner donald sterling could have the final say whether to sell his team. we'll tell you why. >> did somebody mention basketball? oh, yes. it is nba play-off action and we have our golden state warriors against the l.a. clippers and we have all the play-off details as the news continues on kpix 5. ,,,, an effort to force l-a clip owner donald sterling to se his franchise a >>> the nba has gotten the ball rolling in an effort to force donald sterling to sell his franchise with the clippers. 10-owner committee holding a conference on his future today. if the three-quarters of the 29 team owners vote to remove him as owner the clippers will be sold. but sterling will likely tie everything up in court. >> he can litigate and slow it down as long as -- as much as his resources and legal process will allow. or he could potentially dictate terms and say, i will sell the team, i will work with you, but you have to give me some ability to orchestrate that sale. >> folks are lining up. big names like oprah winfrey, larry ellison and others already showing interest in buying the clippers. a source close to sterling told f
l.a. clippers owner donald sterling could have the final say whether to sell his team. we'll tell you why. >> did somebody mention basketball? oh, yes. it is nba play-off action and we have our golden state warriors against the l.a. clippers and we have all the play-off details as the news continues on kpix 5. ,,,, an effort to force l-a clip owner donald sterling to se his franchise a >>> the nba has gotten the ball rolling in an effort to force donald sterling to sell his...
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May 5, 2014
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basketball team? you may have a chance. what it takes to buy the team. ♪ >> you are watching "in the loop." the l.a. clippersr sale if the nba gets its way. what does it actually takes to become the next owner of l.a.'s pro basketball team? jon erlichman joins us in los angeles. thanks for being here. what is it going to take? will they be able to force the trust to sell the same? >> that will be the first big question. i think they will. i think it will be a mess and take a lot of time. i think the suitors lining up may just want to wait a little while. i think adding on the team is going to be like trying to buy a house when you don't on the title. >> fairpoint. the price tag. 575 million dollars, $1 billion. what are you hearing in los angeles? >> there is potentially a big tax bill that goes in to selling that donald sterling was not intending to sell. a tax bill makes for a big price tag differential. you have to see what kind of bids are coming in wants to move toward $1 billion from $500 million. >> who has that kind of money and wants to take on the kind of debt? >> there are names lining up. oprah w
basketball team? you may have a chance. what it takes to buy the team. ♪ >> you are watching "in the loop." the l.a. clippersr sale if the nba gets its way. what does it actually takes to become the next owner of l.a.'s pro basketball team? jon erlichman joins us in los angeles. thanks for being here. what is it going to take? will they be able to force the trust to sell the same? >> that will be the first big question. i think they will. i think it will be a mess and...
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May 12, 2014
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l.a. clippers. he ran the atlanta hawks, nba basketball team.ld sterling was a controlling owner. there's only one controlling owner. that means if the nba bans him for life, all of the sterlings basically are gone. >> yeah. in the past couple days the nba has made very clear that there is no shelly option as far as they're concerned. all the sterlings have to go. they are now referring to the ownership group. they're saying the ownership group has to go which means donald sterling which is the owning of record but also the other shareholders. at least as far as the nba is concerned, they all have to go and frankly i think legally they will be on very solid ground in getting rid of a lot of them. >> anderson, i know all of us are looking forward to the full interview later tonight. give us a little preview because the clips that we've seen are so compelling. give us a little bit more of what we can expect 8:00 p.m. eastern? >> you know, he hints that this in up of the clips we released. comments on magic johnson. i think people are going to be s
l.a. clippers. he ran the atlanta hawks, nba basketball team.ld sterling was a controlling owner. there's only one controlling owner. that means if the nba bans him for life, all of the sterlings basically are gone. >> yeah. in the past couple days the nba has made very clear that there is no shelly option as far as they're concerned. all the sterlings have to go. they are now referring to the ownership group. they're saying the ownership group has to go which means donald sterling which...
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May 30, 2014
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basketball teams in l.a.. will it change the l.a. clippers to a number one team?be he will drop $5 billion on a stadium. who knows? the clippers were notoriously cheap. it's what he has been through at microsoft. he gets to hang out with cool people now. part of sports is you instantly -- john henry was a hedge fund guy doing brilliant work. to most of the world he was unknown until the bought a small baseball team in boston. that change things. >> it is, it's instant access. >> the twitter question of the day -- we need your response. we were gone ago with his botox to sit in the front row. there it is. the world cup soccer event is starting in two weeks. tickets are 89% off. three of the 12 stadiums are still under construction including the one in sal paulo. that is two weeks away. >> i'm going. i feel like i did the european i am the chief correspondent for bloomberg for things people don't care about. >> in brazil, people care so much they are protesting in the streets. they want money being put into education instead of studios that don't work. >> brazilians
basketball teams in l.a.. will it change the l.a. clippers to a number one team?be he will drop $5 billion on a stadium. who knows? the clippers were notoriously cheap. it's what he has been through at microsoft. he gets to hang out with cool people now. part of sports is you instantly -- john henry was a hedge fund guy doing brilliant work. to most of the world he was unknown until the bought a small baseball team in boston. that change things. >> it is, it's instant access. >> the...
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May 1, 2014
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KRON
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e- mail is back 4 to confirm that they have an interest in buying donald sterling's basketball team the l.a. clipperss around $800 million to by the l.a. clippers. mr. sterling if we can't he bought the clippers in 1981 for 12 and 1/2 million dollars. another worth 800 million. consumer spending and searching the pretty good news care considering how big they economy is spending at this time. i welcome again to retirement to have six seats on the campaign. spending too much of the data is one of four americans spend $60 on rent. is frustrated because you have the help the crisis and to the sex or homeowners get kicked out of their rooms for closure they became renters. glamorous say we got more renters some dejecta prices up. in some markets cut services go boston in brooklyn in miami you have to pay 50 percent or more of your salary to afford rents. you make so much money so when your pants 60% in european 50% and then you have nothing for savings. >>: 922 reynaud will be back, 926 and happening right now here's video of a may day rally in using your crying is happening right now, hand side. while t
e- mail is back 4 to confirm that they have an interest in buying donald sterling's basketball team the l.a. clipperss around $800 million to by the l.a. clippers. mr. sterling if we can't he bought the clippers in 1981 for 12 and 1/2 million dollars. another worth 800 million. consumer spending and searching the pretty good news care considering how big they economy is spending at this time. i welcome again to retirement to have six seats on the campaign. spending too much of the data is one...
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May 22, 2014
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ALJAZAM
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you know who donald sterling, is he's the guy who heads up the la clippers the basketball team out in l.arecording encouraging his girlfriend not for bring black people to the games. it caused absolute outrage here and around the world. and that has prompted the 50 senators, all democrats, but it's not all the democrats in the senate because they have a majority. but it's an awful lot of them to write the letter to roger go gol and the nfl and here is what they say they say we urge you and the nfl to send the same clear message as the nba, that's the national basketball association, that racism and bigotry have no place in professional sports. of course the nba moved very swiftly against donald sterling and are trying to get him out of the l.a. clippers and the senators go on, the nfl can no longer per perfect wait the use of what this word is in their view a racial slur. when you have 50 united say senators writing to you that, means something in this country, farah. >> and what doe is the team acty saying? why won't they change their name? >> reporter: well, the team in the guy guys the
you know who donald sterling, is he's the guy who heads up the la clippers the basketball team out in l.arecording encouraging his girlfriend not for bring black people to the games. it caused absolute outrage here and around the world. and that has prompted the 50 senators, all democrats, but it's not all the democrats in the senate because they have a majority. but it's an awful lot of them to write the letter to roger go gol and the nfl and here is what they say they say we urge you and the...
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May 10, 2014
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basketball team caught in the middle of controversy. the top businessman now put in charge of the l.a. clippers as another bizarre recording by the team's owner comes to surface. what was he caught saying now? plus safe and sound. the search for a two-month-old girl ends after a child was snatched in broad day light from her mother. how social media helped bring the baby home. and a story i know you are interested in over there, the new deal apple reportedly set. the company in charge of the popular headphones and music streaming surface may be acquired. could this help and create hip-hop's first billionaire? a lot of people are buzzing about this. an exciting story. >> i'm so uncool, i didn't know apple wasn't cool anymore. i'm out of the loop. >> that's when you know you are old when apple is like the old school company. >> who knew. i will be watching. thanks. >> see ya. s >>> fans of cat videos will want s to held to oakland for a special treat. funniest cat videos will be shown and you can meet internet sensation little bug. she was prowling around yesterday getting ready to meet her fans.
basketball team caught in the middle of controversy. the top businessman now put in charge of the l.a. clippers as another bizarre recording by the team's owner comes to surface. what was he caught saying now? plus safe and sound. the search for a two-month-old girl ends after a child was snatched in broad day light from her mother. how social media helped bring the baby home. and a story i know you are interested in over there, the new deal apple reportedly set. the company in charge of the...
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May 1, 2014
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. >>> it is an exclusive club, the teams that are members of the national basketball association, commissioner adam silver wants l.a. clipper'ser donald sterling kicked out of it. and he is going to ask the other 20 members of the board to ask him to sells team. some have indicated they're on his board. but others believe that forcing his hand may set a dangerous precedent on team ownership. and that is our unfinished story. either way, donald sterling is now the equivalent of a third rail. too dangerous, nobody wants to be seen with him. and while we know he made ugly racist comments we have to consider this question. is forcing him to sell the clippers going to far? he might be a creep, but forcing him to sell may be a bit far. and also with us, former nba player cedric maxwell. you said it raised troubling issues, what are they? >> we're glad out of this ugliness we struck down the racist guy who seems to have got his come-uppance, one, the recordings were probably illegal and certainly a violation of his privacy. two, there is a mob mentality, and when we like the result we don't usually question it. this is essentially a
. >>> it is an exclusive club, the teams that are members of the national basketball association, commissioner adam silver wants l.a. clipper'ser donald sterling kicked out of it. and he is going to ask the other 20 members of the board to ask him to sells team. some have indicated they're on his board. but others believe that forcing his hand may set a dangerous precedent on team ownership. and that is our unfinished story. either way, donald sterling is now the equivalent of a third...
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both teams trying to focus on basketball as controversy swirls around the owner of the l.a. clippers because of the racist tirade. we're live outside of the oakland arena. certainly a big distraction. >> it is. but let me tell you this. the nba owners are not going to let this fester. they're advisory committee voted to move very quickly on this donald sterling controversy and plan to meet again next week. it's do or die for warriors tonight. they're trying to focus and distance them selves from the donald sterling controversy. a group of owners agreed to move things along as quickly as possible on a vote to oust the clippers owner. at a shoot around in san francisco this morning, his team was still dealing with questions. doc rivers says it has hurt but his guys are moving on. >> what do you say to your players with this swirling around? >> in the a thing. i do think players as a group, golden state and player union were phenomenal. >> the ball is now out of their hands this week the commissioner made the unprecedented move of banning sterling for life. he wants him to sell the clip
both teams trying to focus on basketball as controversy swirls around the owner of the l.a. clippers because of the racist tirade. we're live outside of the oakland arena. certainly a big distraction. >> it is. but let me tell you this. the nba owners are not going to let this fester. they're advisory committee voted to move very quickly on this donald sterling controversy and plan to meet again next week. it's do or die for warriors tonight. they're trying to focus and distance them...
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May 2, 2014
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both teams trying to focus on basketball as controversy swirls around the owner of the l.a. clippers because of the racist tirade. we're live outside of the oakland arena. certainly a big distraction. >> it is. but let me tell you this. the nba owners are not going to let this fester. they're advisory committee voted to move very quickly on this donald sterling controversy and plan to meet again next week. it's do or die for warriors tonight. they're trying to focus and distance them selves from the donald sterling controversy. a group of owners agreed to move things along as quickly as possible on a vote to oust the clippers owner. at a shoot around in san francisco this morning, his team was still dealing with questions. doc rivers says it has hurt but his guys are moving on. >> what do you say to your players with this swirling around? >> in the a thing. i do think players as a group, golden state and player union were phenomenal. >> the ball is now out of their hands this week the commissioner made the unprecedented move of banning sterling for life. he wants him to sell the clip
both teams trying to focus on basketball as controversy swirls around the owner of the l.a. clippers because of the racist tirade. we're live outside of the oakland arena. certainly a big distraction. >> it is. but let me tell you this. the nba owners are not going to let this fester. they're advisory committee voted to move very quickly on this donald sterling controversy and plan to meet again next week. it's do or die for warriors tonight. they're trying to focus and distance them...
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May 30, 2014
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l.a. clippers for $2 billion. that shattered the record for an nba team. 550previous high was million dollars pay for the milwaukee bucks this month. in a statement, ballmer says -- i love basketball and i intend to do everything in my power to ensure that the clippers continue to win and win big in l.a. signed the agreement with the sterling family trust, which moved to sell the team after owner donald sterling was banned from the nba for life or making racist remarks. the big question here is -- did ballmer overpay? the clippers always been second fiddle to the lakers. our senior west coast --respondent jon erlichman thank you so much for joining us. first of all, what kind of an owner is steve ballmer going to be? >> i cannot wait to see the clippers play the mavericks to see cuban out jump ballmer or ballmer out jump cuban on the front row, and that is what this is all about. these are people of billion to want to sit in the front row. he just bought a two -- a front row ticket for $2 billion. he promises to keep them in l.a. jon, do you believe him? he lives in seattle. >> oh, definitely. people are excited about this. financially, it would make no sense at all for and to try
l.a. clippers for $2 billion. that shattered the record for an nba team. 550previous high was million dollars pay for the milwaukee bucks this month. in a statement, ballmer says -- i love basketball and i intend to do everything in my power to ensure that the clippers continue to win and win big in l.a. signed the agreement with the sterling family trust, which moved to sell the team after owner donald sterling was banned from the nba for life or making racist remarks. the big question here is...
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May 30, 2014
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l.a. clippers for $2 billion and that shatters the record for an nba team. the previous high was %550 million. r said i lovellme basketball and will make sure that they win big. the sterling trust moved to sell after donald sterling was banned for life for making racist remarks. the best -- the big question has ballmer overpaid? jon erlichman is in l.a.. and former president of the golden state warriors thank you for joining us. first of all, what kind of owner will he be? >> i cannot wait to see the clippers played the mavericks. is all about.his these are people who have billions of dollars to want to sit on the front row. for 2 billioncket dollars. >> he promised to keep them in l.a. do you believe him? he lives in seattle. >> definitely. i think financially it would make no sense at all for him to even try to attempt to move the team and that has a lot to do with the financial power behind the los angeles with a tv rights deal that is expiring after the 2015-2016 season. we saw with the dodgers were acquired for a huge price tagged and they were able to turn around a cut a huge deal and a channel where there is a huge
l.a. clippers for $2 billion and that shatters the record for an nba team. the previous high was %550 million. r said i lovellme basketball and will make sure that they win big. the sterling trust moved to sell after donald sterling was banned for life for making racist remarks. the best -- the big question has ballmer overpaid? jon erlichman is in l.a.. and former president of the golden state warriors thank you for joining us. first of all, what kind of owner will he be? >> i cannot...
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May 30, 2014
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l.a. clippers. anne makovec joins us now in the newsroom with details of the record-breaking offer for the basketball team. >>> reporter: frank, there are still some things to be worked out behind the scenes. but balmer has that money in hand and he is ready to buy. the tech world knows steve balmer as the former ceo of microsoft, the sports world knows him as a potential nba owner. he was part of a group that wanted to buy the sacramento kings and move the team to seattle but that deal fell through. now balmer has signed a binding agreement to buy the l.a. clippers for $2 billion telling the "wall street journal" earlier this month he wouldn't try to move the team. the deal was brokered by shelly sterling, who owns half the team, and it won't go through before clearing some red tape. the nba's board of governors will have to approve the sale and then there's donald sterling. the league is still in the process of terminating his ownership and his lawyer made it clear he doesn't want to let the team go. >> we don't think the team can be sold without mr. sterling's consent. mr. sterling is not going to cons
l.a. clippers. anne makovec joins us now in the newsroom with details of the record-breaking offer for the basketball team. >>> reporter: frank, there are still some things to be worked out behind the scenes. but balmer has that money in hand and he is ready to buy. the tech world knows steve balmer as the former ceo of microsoft, the sports world knows him as a potential nba owner. he was part of a group that wanted to buy the sacramento kings and move the team to seattle but that...
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May 31, 2014
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basketball's push to take the l.a. clippers away from owner donald sterling, as the league considers a $2 billion deal to put the team in the hands of a former microsoft c.e.o. plus, opera legend jessye norman, lauded as one of the greatest singers of her generation, discusses her decades on stage, and how she learned to "stand up straight and sing." >> what is so wonderful, is that everybody's voice is different because you're different on the inside. and that's what changes your voice. >> woodruff: those are just some of the stories we're covering on tonight's pbs newshour. >> major funding for the pbs newshour has been provided by: ♪ ♪ moving our economy for 160 years. bnsf, the engine that connects us. >> i've been around long enough to recognize the people who are out there owning it. the ones getting involved, staying engaged. they are not afraid to question the path they're on. because the one question they never want to ask is, "how did i end up here?" i started schwab with those people. people who want to take ownership of their investments, like they do in every other aspect of their lives. >> united healthcar
basketball's push to take the l.a. clippers away from owner donald sterling, as the league considers a $2 billion deal to put the team in the hands of a former microsoft c.e.o. plus, opera legend jessye norman, lauded as one of the greatest singers of her generation, discusses her decades on stage, and how she learned to "stand up straight and sing." >> what is so wonderful, is that everybody's voice is different because you're different on the inside. and that's what changes...
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l.a. and the fact that it will be signing a new tv deal in two years. the clippers are trying to advance to the second round of the nba playoffs tonight. >>> meanwhile, l.a.'s other basketball team after mike d'antoni's resignation. he stepped down the after two seasons at the helm of the legendary franchise. during that time the lakers lost 20 more games than they won. not a good record. >> not a good record. >>> from the lighter side of sports, an unusual delay to a college softball game in oregon. going just fine until a dog invaded the field. >> it took a glove off of one of the player's hand but soon let it go in the outfield and took another glove and ran around for a while with it. >> he wants the gloves. someone on the first baseline got the glove back. the owner got his dog back. everyone had a good laugh and the game continued. >> that is too cute. i think he just wanted to play. >> check him out. that is a pit bull, folks. these are tough dogs. >> he's a cutie pie. don't put that sound up when you talk about pitbulls. it will give the wrong impression. we love dogs and he is adorable. >> my favorite dog, for real. >>> coming up the loch ness monster, big foot, chills
l.a. and the fact that it will be signing a new tv deal in two years. the clippers are trying to advance to the second round of the nba playoffs tonight. >>> meanwhile, l.a.'s other basketball team after mike d'antoni's resignation. he stepped down the after two seasons at the helm of the legendary franchise. during that time the lakers lost 20 more games than they won. not a good record. >> not a good record. >>> from the lighter side of sports, an unusual delay to a...
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May 2, 2014
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basketball team. the league released this statement. this afternoon the advisory committee met via conference call to discuss the ownership of the l.a. clipperscommittee agreed to move quickly and will reconvene next week. there could be potential repercussions. are the owners setting a dangerous precedent for themselves and what if the owner refuses to sell and files suit against the nba? we're joined by the former counsel for bill clinton, a sports business analyst and former nba player cedric maxwell. lanny, are you as surprised as i that there has not been an apology from sterling? >> well, it is surprising to me, unless his goal in life is to lose credibility with friends and doesn't care about his reputation. and there are people who get to a point in life that really don't care. it looks like that is really the case. if he did care a long time ago he would have apologized and put the team up for sale himself and indicated that he doesn't deserve to own the team given what he clearly feels about african-americans, which is racism. >> cedric, i think i saw out of the corner of my eye as i was doing the intro and perhaps setting a precede
basketball team. the league released this statement. this afternoon the advisory committee met via conference call to discuss the ownership of the l.a. clipperscommittee agreed to move quickly and will reconvene next week. there could be potential repercussions. are the owners setting a dangerous precedent for themselves and what if the owner refuses to sell and files suit against the nba? we're joined by the former counsel for bill clinton, a sports business analyst and former nba player...
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May 30, 2014
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l.a. clippers. he will pay a record $2 billion for that team. that is almost four times as much as any other pro basketball team. he reached that deal with shelley sterling. nba owners are set to vote next week on whether her husband, donald, has to sell that team because of racist remarks made a few weeks ago. he will not need a partner to make the deal. he is worth almost $19 billion. you wonder if you did that after he heard he won the bid. i want to bring in patrick wright, a founder of a sports marketing firm. he is joining us early from l.a. $2 billion for the team -- steve ballmer really wanted it. >> no question. the franchise value is about $575 million. that was 12 among nba teams. this morning, there are a lot of people smiling in the nba. the owners and all the teams are going to see their values appreciate because of this perhaps overpayment of steve ballmer. he had to do it because of the competitive bidding. >> there were at least four other bidders involved. so, how does he make money then on this? or does he? >> i don't know if he necessarily is worrying about that. toember last year, he t
l.a. clippers. he will pay a record $2 billion for that team. that is almost four times as much as any other pro basketball team. he reached that deal with shelley sterling. nba owners are set to vote next week on whether her husband, donald, has to sell that team because of racist remarks made a few weeks ago. he will not need a partner to make the deal. he is worth almost $19 billion. you wonder if you did that after he heard he won the bid. i want to bring in patrick wright, a founder of a...
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l.a. clippers from embattled owner donald sterling for a staggering amount of money. the reported price tag, $2 billion. a former microsoft mogul who has long wanted to have a basketball team apparently has won this bidding war, at least if you ask mrs. sterling. stuart varney is the heat of varney and company. break count numbers. $2 million offered by steve vanner for the clippers. that's the highest price for an nba team. it's $400 million than the last best offer for the clippers. main steve barber is august of this much more money to induce a sale by donald sterling who at the time wasn't sure if he was going to sell. here is $2 billion. michelle sterling is the financial winner in all this. martha: she was publicly humiliate as her husband sat in the front row with his girlfriend and she has sign sad binding contract. is there anything that can be done to get out of that? if this lawyer says we don't think the team is for sale, it seems like he's the last to know. >> there is a june 30 deadline. sell it or we'll take it away from you as of june 3 which is the middle of next week. i'm not a lawyer. but it seems to me a $2 billion inducement to sell this thing is a str
l.a. clippers from embattled owner donald sterling for a staggering amount of money. the reported price tag, $2 billion. a former microsoft mogul who has long wanted to have a basketball team apparently has won this bidding war, at least if you ask mrs. sterling. stuart varney is the heat of varney and company. break count numbers. $2 million offered by steve vanner for the clippers. that's the highest price for an nba team. it's $400 million than the last best offer for the clippers. main...