, Columnist
Racism Pays: Clippers Can Fetch $2 Billion
The National Basketball Association will soon be offering its owners a foolproof business model, similar to that enjoyed by the National Football League.
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Now that it’s become a fait accompli that Donald Sterling can no longer own the Los Angeles Clippers, many have been throwing around numbers to determine the team's sales price, from Forbes’s $575 million valuation to predictions that a buyer could break the bank at $1 billion.
That’s still much, much too low.