It is rumored that Skechers, an LA based shoe company wants to buy a stake in the LA Clippers as well. Joining the many hopefuls that include Oprah, David Geffen, Larry Ellison and Magic Johnson. “As one of the five-largest athletic footwear companies in the United States and with roots deep in Southern California, we believe acquiring an interest in the Los Angeles Clippers is a natural fit for Skechers,” CEO Robert Greenberg said in a statement. “Like Skechers, the Clippers are a great Los Angeles brand with a loyal following and recognition that extends way beyond Southern California.”
However, according to Silver said last week that no decisions have been made regarding members of the Sterling family other than Donald. “This ruling applies specifically to Donald Sterling and Donald Sterling’s conduct only,” the commissioner said. So Shelly Sterling hopes to keep ownership of the team.
Skechers is another name in the hat of potential new owners that include Oprah, David Geffen, Larry Ellison, Magic Johnson, and Floyd Mayweather. Who ultimately will be the new owner on the Clippers no one knows and we might not for some time. It can get even more complicated if Shelly Sterling the wife of Donald Sterling is allowed to keep her 50% share of the team.