Potential bidders for the
Sterling bought the club for $12.5 million in 1981, but the Clippers' value now totals at least $575 million, according to Forbes. That ranked the Clippers as the league's 13th most valuable franchise.
Here's a list of potential bidders, including some who publicly confirmed their interest:
David Geffen — The music and film mogul, with a net worth estimated by Forbes at $6.2 billion, reportedly tried to buy the Clippers in 2010 and his office said he's interested again.
In an email Tuesday, his office said Geffen was not available for comment "but if the Clippers become available, he would be interested in buying the franchise."
Caruso, in partnership with former Dodgers manager
As for the Clippers, "Whether it's me or somebody else, clearly there needs to be new ownership," Caruso said.
At his press conference Tuesday, Silver said that "Magic Johnson knows he's always welcome as an owner in this league. He's been a part owner in the past of the Los Angeles Lakers and is always welcome and a close friend of the NBA family."
Johnson once owned about 4.5% of the Lakers, but he sold that stake for an undisclosed price in 2010.
Floyd Mayweather Jr. — The boxer said he would like to put together a group to make an offer and was "very, very interested in buying the Clippers."
Preparing for Saturday night's fight against Marcos Maidana in Las Vegas, Mayweather said that "it's not just talk" about acquiring the club. "I want to do it."
Soon-Shiong, while teamed with money manager Steven Cohen, also was in the hunt to buy the Dodgers from McCourt before the Guggenheim Partners group prevailed. Soon-Shiong was unavailable for comment.
But Ellison lost out to a rival joint offer from
Some bidding groups for the Clippers started to form even before Silver's announcement, according to a person familiar with the matter who said he expected any sale process to be protracted.
It took one year from the time
"This could be McCourt times two," the person said. "We're not even in the first inning yet."