Steve Ballmer Rumors
The letter is part of a broader campaign that has called on private equity firms, investment managers and pension funds to divest from companies that operate in correctional facilities and profit from mass incarceration. Those efforts have intensified after the killing of George Floyd in May became a catalyst for protests against systemic racism in the U.S. criminal-justice system. “If Black Lives Matter, what are you doing about Detroit Pistons owner Tom Gores?” reads the ad, which is addressed to other club owners including Alibaba Group Holding Ltd. co-founder Joseph Tsai, former Microsoft Corp. CEO Steve Ballmer and NBA legend Michael Jordan. “Mr. Gores continues to amass wealth and benefit from a system that exploits Black people and profits from their pain,” Bianca Tylek, executive director of Worth Rises, the organization that placed the ad, wrote in a Dec. 10 letter seen by Bloomberg.
The Clippers’ infrastructure was still years behind. While some in the organization were miffed by who got to use which executive washroom and who played travel agent, the real issues were far greater. Even with owner Steve Ballmer’s limitless resources, sources said the franchise was still learning how to invest wisely in the right things and the right personnel.
Ben Anderson: By the way, Mike Cannon-Brookes who is now a minority owner in the @UtahJazz would be the second wealthiest owner in the NBA if he owned the majority share according to Forbes. He’s valued at $15 billion. Steve Ballmer at $51 billion is by far the richest.
Ben Anderson: Ryan Smith on what type of owner he wants to be. “I’m just going to be Ryan, and this is who I am, I’ve already run a pretty large organization for a long time.” Said he’d talked to Clippers owner Steve Ballmer and Mavericks owner Mark Cuban about ownership.
The Jump: Importance of new arena for Clippers? “We need our own home, our identity, our personality. It takes a lot of things for us to fundamentally change who we are. But we got to win” – @Steven_Ballmer #NBA #NBATwitter #TheJump #NBAPreseason