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Former Microsoft CEO Steve Ballmer's record $2 billion deal to buy the Los Angeles Clippers shows that star forward Blake Griffin and his monster slam dunks aren't the only things that defy gravity. When the National Basketball Association first hit Clippers owner Donald Sterling with a lifetime ban, investment bankers estimated the price of his team at around $1 billion. Instead, three groups, teaming with billionaires and celebrities, bid up the price to a record for a NBA team, double the initial estimate. The eye-popping sale price has likely boosted the stock of other teams around the NBA, said sports consultant Ed Desser, a former top NBA TV executive, and could have a ripple effect.
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