The Los Angeles Clippers have never won an NBA championship, despite having the best superstars over the years. Forget the NBA Championship, the Clippers have never even made it to the NBA Finals. The Los Angeles Clippers were in second place behind the Los Angeles Lakers, who have the most championships in NBA history.
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However, the Clippers' lack of success has not affected owner Steve Ballmer's financial situation. The former Microsoft CEO, who is worth $101 billion, ranks as the richest sports team owner in the United States.
Steve Ballmer remains America's richest sports team owner
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Steve Ballmer became the owner of the Los Angeles Clippers in 2014, purchasing the franchise for a whopping $2 billion. He was pinning his hopes on the team's early success as it was in the midst of the Lob City era and had the potential to win it all. Chris Paul and his team entertained Clippers fans every night with their flashy plays and crazy alley-oops, but they were unable to advance past the second round of the playoffs. Ballmer found a glimmer of hope in 2019 when he acquired two-time NBA champion Kawhi Leonard and superstar Paul George. Kawhi had just finished a championship season with Toronto, and Ballmer was hopeful that Kawhi would lead the Clippers to the franchise's first title in history. Unfortunately, this superstar duo was constantly plagued by injuries and never had much success.
Via Imago
Los Angeles, California, USA, January 24, 2023: Rich Paul and the Los Angeles Clippers during the USA vs. Los Angeles Lakers game at NBA Basketball Helen at Crypto.com Arena on Tuesday, January 24, 2023. Owner Steve Ballmer chats with Steve Ballmer in Los Angeles, California. The Lakers lost to the Clippers 115-133. /PI Los Angeles USA – ZUMAp124 20230124_zaa_p124_074 Copyright: xJAVIERxROJASx
Despite his lack of success after purchasing the franchise, Steve Ballmer remains the richest owner of any U.S. sports team. Ballmer's net worth is reported to be a staggering $101 billion, according to the 2023 Forbes 400 list. Most of his wealth comes from Microsoft stock. Ballmer served as CEO of Microsoft from 2000 until 2014. Even the value of the Los Angeles Clippers has nearly doubled since he bought the franchise. The team is valued at $3.9 billion. Ballmer far exceeds his competition in terms of his net worth, as the owner closest to him is Denver Broncos owner Rob Walton, who has a net worth of $67.4 billion.
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Steve Ballmer aims to win first NBA title
Even though Steve Ballmer is at the top of his competitors in terms of net worth, he still wants to add an NBA championship to his resume. Ballmer is the team's biggest cheerleader, always sitting courtside, and is extremely passionate about the Clippers.
Kawhi Leonard expresses excitement for next season with 'Hall of Fame point guard' amid concerns over new NBA policy
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Coach Steve Ballmer hopes to have at least one season in which superstars Kawhi Leonard and Paul George can stay healthy throughout the year and reach the finals. Hopefully, this year will be a successful year for the Los Angeles Clippers as a franchise.
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