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February 10, 2016 3:00 PM ET


Company Overview of Los Angeles Clippers, Inc.

Company Overview

Los Angeles Clippers, Inc. offers sports and entertainment services. The company owns and manages the Los Angeles Clippers professional basketball team that plays in the National Basketball Association. Additionally, it offers sport merchandise retailing and marketing services. Los Angeles Clippers, Inc. was formerly known as San Diego Clippers and changed its name to Los Angeles Clippers, Inc. in November 1984. The company was founded in 1970 and is headquartered in Los Angeles, California.

1111 South Figueroa Street


Suite 1100

Los Angeles, CA 90015

United States

Founded in 1970





Key Executives for Los Angeles Clippers, Inc.

Chairman of the Board and Owner
Vice President of Basketball Operations
Vice President of Marketing and Broadcasting
Vice President of Communications
Director of Player Personnel
Compensation as of Fiscal Year 2015.

Los Angeles Clippers, Inc. Key Developments

Yao Ming Denies Eyeing Deal To Buy Clippers

Yao Ming denied a report that he was lining up investors to bid for Los Angeles Clippers, Inc. "I can't confirm it because it is completely a rumour," Yao Ming told reporters when asked about the report at an NBA event in Taipei. "Currently I don't have such a plan" to buy any NBA team, he added. ESPN, citing unnamed sources, reported in May 2014, that Yao and Grant Hill, were working separately to find investors to launch bids.

Steve Ballmer Reportedly Acquires Clippers; Jimmy Iovine Also Interested

Steve Ballmer has signed a binding agreement to buy the Los Angeles Clippers, Inc. (L.A Clippers) for $2 billion from the Sterling family trust, a source familiar with the situation told CNN. The sale will have to be approved at a NBA Board of Governors meeting. And the sale still may have to be approved by Donald Sterling, according to earlier comments by his attorney. Jimmy Iovine may also be interested in acquiring L.A Clippers. He is part of group bidding for the L.A. Clippers along with Guggenheim Partners principals, Chief Executive Officer, Mark Walter and President Todd Boehly, that also includes David Geffen, Oracle software co-founder Larry Ellison, Oprah Winfrey, Laurene and Elaine.

Todd Boehly And Mark Walter Joins David Geffen's Bid For Los Angeles Clippers

Todd Boehly and Mark Walter are joining David Geffen's existing group of bidders, which includes Oprah Winfrey and Larry Ellison, to acquire Los Angeles Clippers, Inc. Competing bidders include Steve Ballmer and Anthony Ressler.

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