Billionaire Ballmer Says Clippers Will Lose at Least $10 Million
- NBA has suspended its regular season because of coronavirus
- Former Microsoft CEO is NBA’s richest owner, at $55.1 billion
Los Angeles Clippers owner Steve Ballmer said his team would lose at least $10 million this season, offering the first glimpse into how much money the suspension of the season might cost National Basketball Association franchises.
“It’ll be eight digits,” the former Microsoft Corp. chief executive officer said in an interview with Bloomberg Television on Friday. “Now you’ve got to start with what we were either going to make or lose before the season started, but net, net, net, it’ll certainly be an eight-digit loss for us.”