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Sports Forbes: Clippers' Ballmer is richest sports team owner in U.S.

22:26  03 october  2019
22:26  03 october  2019 Source:   thescore.com

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  The Clippers Upset Multiple Teams During Their Recruitment of Kawhi Leonard Kawhi Leonard shifted the NBA landscape by signing with the Los Angeles Clippers this summer. Fresh off bringing a title to Toronto, Kawhi became the first person to ever choose the Clippers over the Lakers. Fresh off hosting his daughter's wedding, Doc Rivers spoke to the Los Angeles Times about what went into landing Kawhi. "I got a lot of credit, and so did Jerry West, but the guy that was the hero in all this was Lawrence Frank,” Rivers said. “He did all the work. He had Steve Ballmer going to Raptors games and he went to some, too. We were warned that no more Clippers players, coaches or employees could go to games in Toronto.

Most sports teams owners are rich thanks in part to soaring franchise values, driven by Ballmer joined the ranks of team owners in 2014 when he paid billion for the long-suffering Clippers Ballmer leads the 14 NBA owners on the Forbes 400. The biggest gainer in dollar terms is Ballmer

Steve Ballmer topped Forbes ' list of the richest sports team owners in the United States for 2019. The Los Angeles Clippers owner and former Microsoft Ballmer purchased the Clippers for billion in 2014 after former owner Donald Sterling was forced to sell the team . Several other NBA owners

Steve Ballmer, Paul George are posing for a picture© MediaNews Group/Torrance Daily Breeze via Getty Images / MediaNews Group / Getty

Steve Ballmer topped Forbes' list of the richest sports team owners in the United States for 2019.

The Los Angeles Clippers owner and former Microsoft CEO claimed the No. 1 spot for the fifth straight year with a net worth of $51.4 billion - more than four times that of the second-richest owner. His net worth has increased $9.4 billion from last year, which Forbes' Kurt Badenhausen attributes to a 21% gain in Microsoft's shares over the past 12 months.

Ballmer purchased the Clippers for $2 billion in 2014 after former owner Donald Sterling was forced to sell the team.

Several other NBA owners also made the list, with the Denver Nuggets' Stanley Kroenke ($9.7 billion), Miami Heat's Micky Arison ($8.1 billion), and Cleveland Cavaliers' Dan Gilbert ($6.5 billion) cracking the top 10.

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