Quote:
Originally Posted by mosesbotbol
This whole thing was a clever rouse by Sterling to inflate value and get a feeding frenzy for his team. Brilliantly played as 2 billion is way more than it would've sold other wise. He is no racist IMO.
Bravo Mr. Sterling, bravo....
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Actually the sales price is based more on the the expiring, and consequently the renewal, of the television contracts that come up in one or two years. The LA market will bring a HUGE new contract, worth billions of dollars.
$2Billion may look cheap in a few years.