>> i cannot wait to see the clippers play the mavericks to see cuban out jump ballmer or ballmer out jump cuban on the front row, and that is what this is all about. these are people of billion to want to sit in the front row. he just bought a two -- a front row ticket for $2 billion. he promises to keep them in l.a. jon, do you believe him? he lives in seattle. >> oh, definitely. people are excited about this. financially, it would make no sense at all for and to try to move the team, and that has a lot to do with the financial power behind having a team here in los angeles with a tv rights deal that is expiring after the 2016 season. we saw when the doctors were acquired for a huge price tag. they were able to turn around and cut a huge tv deal. a new channel where there is a huge opportunity to make some money, and i think that is how you ultimately get to the $2 billion price tag. oflarry ellison, the ceo oracle, try to buy the team. >> he is now zero-for now, right? >> what do you make of tech people getting into -- >> i do not think this has to do with micro. this is about micr

>> reporter: ballmer started working at microsoft in its early days. in 1980 he became the company's 24th employee. and his over-sized personality became known fast through videos like this, in 1985. >> watch as windows integrates lotus 1, 2, 3, with miami vice. >> and with the spoof of this club hit. in 1998, ballmer rose to president and ceo in 2000, taking the company through hits like x box and connect and flops like windows vista. >> our job is to make sure that not only is pc not dead, but we're constantly re-imagining it. >> reporter: he stepped down as the ceo of microsoft just three months ago but is a bigger shareholder than bill gates. he sits at number 35 on the magazine's annual billionaire's list. ballmer grew up near detroit where his father was a manager at ford motor company. he went to harvard and briefly attended stanford school of business. and he is no stranger to the world of sports. his name was tied to a possible deal with the sacramento kings but that deal fell through. now he is poised to make the biggest deal ever, going from

ballmer has vowed to keep the team in l.a. elon musk showed off the capsule saying it should be ready in two years. it is reusable and it will have legs allow you to land anywhere on earth. nintendo is hoping a partnership can help it with slumping sales. they launched their mario kart and players will be able to drive a mercedes for the first time. the mario character appears in a mercedes commercial in japan as nintendo tries to make more money. to our lead story of the day. steve ballmer is going to have something new to get excited about in retirement. the former microsoft ceo known for his emotional speeches, jumping up and down, has reached a deal to buy the l.a. clippers for $2 billion and that shatters the record for an nba team. the previous high was $550 million paid for the bucs. ballmer said i love basketball and will ensure that they win big. ballmer signed the agreement when the sterling trust moved to sell after donald sterling was banned for life for making racist remarks. the big question has ballmer overpaid?

. >>> coming up, steve ballmer is ready for courtside. from selling computers to buying an nba team. the man and antics behind the $2 billion deal, that's next. sea captain: there's a narratorstorm cominhe storm narrator: that whipped through the turbine which poured... surplus energy into the plant which generously lowered its price and tipped off the house which used all that energy to stay warm through the storm. chipmunk: there's a bad storm comin! narrator: the internet of everything is changing how energy works. is your network ready?" the numbers are impressive. over 400,000 new private sector jobs... making new york state number two in the nation in new private sector job creation... with 10 regional development strategies to fit your business needs. and now it's even better because they've introduced startup new york... with the state creating dozens of tax-free zones where businesses pay no taxes for ten years. become the next business to discover the new new york. [ male announcer ] see if your business qualifies. humans. we ar

ballmer would join other money billionaires who bought teams, mark cuban and ballmer's fellow microsoft alum, paul allen. not a bad club to join. for "nightly business report," i'm robert frank. >>> rich guys have always bought sports teams, but one of the differences is there was a period when large corporations like time warner or gulf and western owned a lot of sports teams including time warner owning the braves, and gulf and western, the knicks and braves. >> you say rich guys, but you know what is interesting, a lot of women, oprah winfrey, so was steve job's wife. >> she was supposedly one of the bidders. we'll see how it pans out, it is not a done deal yet. thank you for joining us, i'm tyler mathisen. >> and i'm susie gharib, have a great week, we'll see you back on monday. gwen: it's raining, it's pouring. shinseki is out, just as the obama administration tries to change the narrative about its own competence. we ask, how is that working out? tonight on "washington week." >> a few minutes ago secretary shinseki offered me his own resignation. with considerable regret, i accept

former microsoft ceo steve ballmer makes a record-breaking bid to acquire the team from embattled owner donald sterling. >>> as calls grow louder for veterans affairs secretary eric shinseki to resign at v.a. hospitals, a whistle blower told cbs news they were told to fast fie records related to veterans' care. >> to make it seem like the patients didn't have to wait that long. >>> and -- >> t-i-e. >> it's a tie for the fourth time in the 80-year history of the national spelling bee. a pair of winners are crowned. captioning funded by cbs >>> this is the "cbs morning news" for friday, may 30th, >>> this is the "cbs morning news" for friday, may 30th, 2014. good morning. thanks for joining us. i'm marlie hall in for anne-marie green. after a month of controversy that included racist statements from a billionaire owner, threats of a player boycott and an unprecedented penalty by the nba, the los angeles clippers have been sold. shelly sterling, the wife of donald sterling confirmed last night she sold the team to former microsoft ceo steve ballmer for a record-setting price of $2 billion,

steve ballmer. with this deal in place, the league intends to withdraw charges to strip donald sterling of his ownership. ben tracy in los angeles has the latest. >> one strategy, one team -- >> reporter: steve ballmer is going to pay the $2 billion in cash. after all, he is worth $20 billion. we are told he believes buying a pro sports team in los angeles is "a once in a lifetime opportunity." >> so it's simple law of supply and demand. >> reporter: ray katz runs a sports marketing firm. >> i think he wants to be an owner of a treatment in a tremendous league in one -- of a team in a tremendous league in one of the two largest markets and can afford to do that. >> reporter: ballmer brokered the deal with shelly sterling and nba officials but not donald sterling, the man who owned the clippers for 34 years. he vowed to fight the sale of the team resulting from his remarks made last month. max bleacher is his attorney. >> he has not agreed to accept mr. ballmer's bid or any other, period. >> reporter

steve ballmer may have found his new occupation as an nba team owner. the latest on the purchase of the l.a. clippers, coming right up. >>> you're watching "worldwide exchange." >>> welcome back to the show. these are your headlines. bnp paribas faces a $10 billion fine for evading u.s. sanctions. >>> google moves towards complying with europe's corporate privacy. >>> and steve ballmer nets a $2 billion deal to buy the l.a. clippers. >>> steve ballmer stepped down as microsoft ceo just a few months ago but he's already found his next potential venture as owner a professional sports team. morgan brennan is at cnbc hq with all the details. morning, morgan. >>> hi, julia. steve ballmer has reached a deal to buy the los angeles clippers for $2 billion. which would be the most ever paid for an nba franchise. earlier this month, the milwaukee bucks sold for $550 million. just for comparison, the l.a. dodgers baseball team sold for $2.1 billion in 2012. shelly sterling, the wife of donald sterling says she signed a contract that's been sent to the nba for appr

not a quick sale like the deal with ballmer. listen. >> the league on tuesday has a guillotine over mr. sterling's head. on tuesday they will confiscate his team under terms that are under the constitution and by-laws, they will do that illegally. and if they don't want a lawsuit challenging that conduct they need to let us know before tuesday. the league has said in writing to me that that tape recording is the sole basis of the claims against mr. sterling. so the sole basis of the claims is an illegally obtained recording which under california law cannot be offered in evidence. so they have no case. he is accepting responsibility that he made a mistake. he is not consenting to the league confiscating his property which you can now see is more than a billion dollars. he is not consenting to pay a $2.5 million fine or to be banished from the stadium for life. these are draconian proceedings, what is the basis for this? he is not a racist. he has had five black head coaches. he had elgin baylor, for 22 years, directors of operat

ballmer has signed an agreement with shelly sterling. but the next play belongs to donald sterling. >> there is no sale, and he is not yet agree to sign off, period. >> reporter: his lawyer telling wolf blitzer before news of the agreement that while donald gave her permission to negotiate selling the team, he did not give her permission to actually sell the team. >> not without reaching an accommodation with the nba which gives him some form of vindication. the money is not critical to him. >> reporter: the nba is pushing for a quick sale, trying to ward off a contentious meeting scheduled for this tuesday where owners will officially vote to force sterling out. the reaction overnight was quick, with magic johnson tweeting, quote, clipper fans, you'll love steve ballmer as your owner. but either way, donald sterling will not leave empty handed. he originally bought the team for $12 million. >> shelly sterling has just released a statement announcing that she is, quote, delighted that we are selling the team to steve who will be a terrif

>> ballmer said -- >> you're welcome america. >> ballmer told, charlie, clippers are staying in l.a. melissa: battle of blondes at yahoo!. why katy couric star power left marisa mayer very unimpressed. with smart house technology your dishwasher will never be lonely again. more "money" coming up. ♪. melissa: the battle for the smart home is on and apple and google are looking to get in the door. new reports say that apple is planning to the turn the iphone into a remole control, for lights, security system and other appliances. meanwhile reports say google is in talks to buy camera company to watch you in your own home. how fun. we have arne with quantum networks and jack hough from "barron's" as well. start with apple. there are obvious problems, if the iphone controls all kinds of things inside of your house, what happens if you lose it? >> that is pretty good, then i could beat him up over it. depend on what is going on in your home. in my case that would not be good for anyone. >> you don't have to turn it on also. these are opt in features. you want to turn it on, you turn it

clippers bettingve ballmer billions on the l.a. clippers and has agreed to by the team for $2 billion which is 10% of his virtual -- of his personal fortune. that much. is he overpaying? >> that's the question. if you're not getting the stadium or the tv deal, what are you getting? >> you are getting a piece of a monopoly. sports are not to be had for love or money. they'll come up that often so the chance to get one of them -- you are not getting the players, you're getting the name and the nba franchise and that alone is worth all of that. there is no way to value this. this is what he is thinking -- you all want it and you can't have it i've got a! that's a steve ballmer and her monologue. >> mark cuban would not do that down in dallas. he's more internal. >> he would hurl insults at people. >> it's a long-term field. >> this happens in sport teams in europe. soccer teams are way overvalued because if you've got a lot of oil money and love the game, there is a limited number of franchises you can buy. there's only one liverpool.

the best -- the big question has ballmer overpaid? jon erlichman is in l.a.. and former president of the golden state warriors thank you for joining us. first of all, what kind of owner will he be? >> i cannot wait to see the clippers played the mavericks. is all about.his these are people who have billions of dollars to want to sit on the front row. for 2 billioncket dollars. >> he promised to keep them in l.a. do you believe him? he lives in seattle. >> definitely. i think financially it would make no sense at all for him to even try to attempt to move the team and that has a lot to do with the financial power behind the los angeles with a tv rights deal that is expiring after the 2015-2016 season. we saw with the dodgers were acquired for a huge price tagged and they were able to turn around a cut a huge deal and a channel where there is a huge opportunity to make money and that is a you ultimately get to the $2 billion price tagged. >> larry ellison trying to buy the taint. >> he is 0-4. >> what you make of more tech people? >> i do not think it has anythi

and with bill gates with this spoof to the '90s club hit. >> steve ballmer. >> reporter: in 1998, ballmer rose to president and ceo in 2000 taking the company through hits like xbox and connect and flops like windows visit. >> we need to make sure that pc isn't dead but we we reinnovate. >> reporter: he's worth more than 20 billion according to "forbes" and since on number 35 on the annual billionaire list. ballmer grew up near detroit where his father was a manager at ford motor company. he went to harvard and briefly attended stanford school of business and no stranger to the business of sports. his name has been tied to a possible deal for the sacramento kings but that fell through. now he's poised to make the biggest nba deal ever going from high tech billionaire to courtside baller. christine romans, cnn, new york. >> make sure you stay tuned to that. big developments on that and big developments in the white house as president obama scheduled to meet with eric shinseki in just a few moments. we'll carry that for you live. what will he speak about? will he keep eric shinseki as veter

she has gotten apparently this phenomenal price from steve ballmer. i think what everybody needs to do is kiss and make up. sell the team, no meeting next tuesday, all the owners walk away rich and happy. >> let me play the sound bite they're talking about. >> we have an option of filing it before tuesday or we have an option of filing it after tuesday. there is no detriment to our filing it either way. so we'll make that decision. we haven't made it yet. we did not want to interfere. be very candid with you. we did not want to interfere with mrs. sterling's efforts to sell, to try to arrange for a sale of the team. >> so jeff, you're saying basically -- if the sale is done to ballmer they're just going to go along with it? >> absolutely, that -- if he didn't want to sell the team he wouldn't give his wife space to sell the team. that is what he did. that is what she has done. and it looks like a deal is in the works. >> steve, i'm not sure, i completely agree with that. the fact of the matter is donald sterling is in a no-win situation regardless of

ballmer has already been vetted by the nba when he tried to purchase the sacramento kings last year. experts have declared donald sterling mentally incapacitated. shelly sterling can now move forward with the sale of this team without his approval. that's a huge development. however, donald sterling's attorney says, quote, he is not selling the clippers. donald sterling has not agreed to sell the clippers at any price. they were trying to do this ahead of the owners league meeting in new york next week. a lot of fast-moving parts there. >>> to washington, d.c. and an obama administration telling veterans affairs secretary shinseki is on thin ice. more than 100 lawmakers are demanding his reck nation because of wait lists and other problems at facilities across the country. the list includes more than 30 democrats. nine of those senators are up for re-election this november. republican house speaker john boehner and majority leader eric cantor have not called for secretary shinseki to step down yet. they're framing the scandal to say president obama should be held accountable. jay car

we finally have a team that ballmer can call his own. now, he has to give up on relocating them to his beloved seattle, washington, but the price tag chops off his net worth -- i think he's worth about $20 billion -- by $2 billion. that's the cost. but the clippers are within reach. adam shapiro with the details on how much the current and tannerred owner, donald sterling, stands to make on this deal. this is a very high price. >> it's an incredible price because it's almost four times the record amount that was paid to buy the last nba team. but let's talk about this. donald sterling's return on investment could be as much as 16%. he bought the team in 1981 for $12.5 million. the compounded annual growth rate? 16.6% is almost double the 8.7% he would have got for the s&p 500 since 1981. but the big winners in all of this may actually be the state of california and u.s. treasury. the combined state and federal capital gains tax could be as high as $500 million. a shame they're not in new york. we could use some of that money. but the dea

it says she signed a bidding contract by the sterling family trust to steve ballmer. ballmer says he intends to do everything in his power to ensure the clippers continue to win in los angeles. he also thanked shelly's willingness to entrust him with the franchise. the sale comes ahead of the a tuesday hearing because of insensitive remarks he made. an attorney for sterling telling nbc he has not agreed to sell at any price. they each other 50% of the team. >>> now to more than 100 lawmakers from both parties at what the firing or resignation of eric shinseki. one administration official saying he's, quote, on thin ice. good morning to you tracie potts. what's the temperature now? >> reporter: the temperature heating up for eric shinseki. didn't look good particularly for the phoenix va. now lots of questions about whether or not he should keep his job. today v.a. secretary eric shinseki speaks for the first time since the inspector general found 1700 vets in phoenix haven't put put on the official waiting list for an appointment. democrats and republicans now want sh

. >> there is a deal on the table for former microsoft ceo steve ballmer, to buy the team. but clippers owner, donald sterling, says he won't sell. abc's tahman bradley has the overnight developments. >> reporter: it looks like the los angeles clippers have a new owner. espn is reporting the sterling family trust signed an agreement on thursday to sell the team to former microsoft chief steve ballmer. the price tag, a record $2 billion. the agreement was reached without the blessing of owner donald sterling. his wife, shelly, pushed the sale. mr. sterling may consider legal action. >> there's something really wrong. somebody is talking to the girlfriend in the privacy of their home. and then, winds up losing his life and his property. >> reporter: shelly sterling had hoped to find a buyer before an nba meeting next tuesday, when league owners could have snatched the clippers from the family as punishment for donald sterling's racist comments about african-americans. there were reportedly three bids for the clippers, all north of $1 billion. the relationship between donald a

that one you think about it, what is the value to steve ballmer? he gets access into the 30 most powerful businessmen in the world. that's what happens with an nba team, you invest in a team. lou: he wasn't exactly running the rotary club in des moines, i was. [laughter] >> will look at what it did for mark cuban. he bought the dallas mavericks. and the crown jewels of all this portfolio, it's a halo investment for these guys. lou: the nba not making any money on this deal. it is sort of a shame to see that many kids go by. >> indirectly they are because they are getting rid of something that is a potential ways on the league and could potentially even to the brand equity of the other teams. a lot of the players are talking about boycotting. what if this was to shut it down that is a big concern. i'm saying that he deserves a crisis manager of the year award, adam silver. lou: he may have a little competition on that. because the question becomes how much of this was a railroad of donald sterling how many people are using this ignorance to their fi

here's what you need to know about ballmer. we went to our reunion together a lodge todayal study, a fancy term for looking back to see what we're thinking. what did people say? did they want conjugal relations with the partners, no, kids to great schools, no. wealth, no. they liked vacation and time off and he looked at me and said, have we ever had -- have we ever taken vacation, ever done anything different from our job? have we ever stepped out. this is a step out and a half. $2 billion step out. >> a big number, huge number. these are not typically buys that have a great deal to do with the underlying economics. they are much more about, as you say, sort of pursuing something you want because you have the money to do it. >> a dream. >> that being said, often times the exit does end up being higher than the entrance in terms of what they pay for these sports franchises. by the way, mark lasru who bought the bucks has to be feeling good about having made that purchase not that long ago at $540 million. >> no. >> the clippers

she's gotten apparently this phenomenal price from steve ballmer. i this i that is what everybody needs to kiss and make up. sell the team. no meeting next tuesday. all owners walk away rich and happy. >> let me play that soundbite from bleacher that they're talking about. >> we have the option of filing it before tuesday or the option of filing it after tuesday. there is no to our filing it either way. well make that decision. we haven't made it yet. we did not want to interfere, be very candid with you, we did not want it interfere with mr. sterling's efforts to try to arrange for the sale of the team. >> so jeff one say, if the sale is done to balmer, they are just going along with it? >> absolutely. >> if he didn't want it sell the team, he wouldn't give his wife space to sell the team. that's what he did, that's what she's done. >> i'm not sure aagree with that. donald sterling is in a no-win situation. regardless of what claims he wants it make. in the end, though everybody is preaching about the u.s. constitution, there is also something call

go ahead. >> i just -- you know, i think obviously it's ballmer's money. he can do whatever he wants and clearly he has it. i don't know. i'm sure the sterilings are laughing at this point. knew they would get a lot of money, but $2 billion. $2 billion. >> well, it certainly is an eye-popping number. i think personally are the other nba team owners because the value goes way up. >> they bought that team for 13 million back in the day. >> biggest winner is call tax authority. >> oh, yeah. >> there's no way that's not a big windfall. >> and steve ballmer, has to be pretty happy right now. >> thank you, nancy. everybody read her column in "usa today." the l.a. clippers deal is generating big buzz beyond basketball. i know you're all wondering about that. that's coming up next. >> also ahead. >> six full nights, $4,000. >> six nights at 300 is 18. >> you want days, too. >> 2,000. >> 3,000. >> done. >> such a good movie. julia roberts playing a hooker with a heart of gold in "pretty woman" and coming up somebody here says the u.s. could make count the world's o

steve ballmer wants to sit courtside in los angeles. people are not surprised that he larry ellison and others. the $2 billion statistics has everybody's attention. greatht speak to the distortion of these times, seven years on in a financial crisis where the upper 1% is doing well. we will talk to paul in our second hour of "bloomberg surveillance." back with pimco, michael mckee will help me with this interview. paul macauley on the great distortion and what it means for the federal reserve and the bond market. how prewar it will link this to the equity market as we get ready for the weekend. bond yields as we go to next thursday and the ecb meeting. howard ward on what it means for the equity markets. >> i know l.a. is called lalaland, and we should call wall street lalaland. these numbers are getting extreme. >> it is interesting how we moved in bonds, the differences between europe and the u.s. also the correlations to other markets. gold struggling this week. all in all, it is getting ready for the weekend. what is it me for the e

the los angeles clippers will be sold to former ceo steve ballmer for $2 billion. the deal still has to be approved by the league's board of governors. that is anticipated that it will happen. brian todd is "outfront." brian, what more are you learning about this agreement? because this comes as donald sterling of course is trying to sue for another billion. >> it's unbelievable, erin. you have two different sides speaking in two completely different tones tonight, almost simultaneously. first with the nba's announcement, that is the latest news here. as you mentioned, the nba says it's resolved its dispute with shelly sterling over the ownership of the clipper, that it's going to withdraw its charge to terminate the sterlings' ownership of the team. it's going to cancel the june 3rd meeting and vote that would have voted to have the owners vote on the termination of the sterlings' ownership. in return, shelly sterling and the trust have agreed not to sue the nba. and here is the interesting part here. the nba says shelly sterling has agreed to indemnify the nba ag

as for ballmer, he outbid at least three other groups of bidders. among them: music executive david geffen, oracle c.e.o. larry ellison, and oprah winfrey. the deal now awaits approval by the rest of the n.b.a. owners. they're already set to meet june third. >> sreenivasan: a closer look now at the business piece of all of this and the questions as to whether donald sterling could slow it down. rob gloster covers sports for bloomberg businessweek and joins me from san jose. i spoke with him a short time ago. picture question. a lot of nba owners are very happy, but what in this day and age makes a team worth $2 billion? >> well, hari, it's clearly tv rights. every major sports team and sports league, now, is getting tremendous amounts of money from national and local and regional tv contracts and, in the case of the clippers, not only is the nba going to be renegotiating its national tv contracts in 2016, but the clippers will have a new regional contract then. so they can ask for a tremendous amount of money and the second biggest market in the uni

and then the nba will sell the franchise to steve ballmer. but the bottom line is, steve ballmer is getting this franchise sooner rather than later. >> what do you think, don? you think this is a lot of posturing going on, but in the end, by tuesday, there will be a deal, the clippers will be sold? >> well, i think that regardless of what happens, i think that the nba is going to go on with their june 3rd meeting. i'm not sure about the sale, where it's going to be, where they're going to be in the process. but, again, i'm very skeptical as i've been saying here for weeks, as i've been spending the evening with you, wolf, that i'm very skeptical of these two people because i don't trust what comes out of their mouths. i think they're in cahoots and think they're scheming together, so i think the nba is going to go forward and do what they said they're going to do, but i'm not so sure about donald and shelly sterling. i don't know what's up their sleeve. >> you know, l.z., a lot of people suspect they're working together, good cop/bad cop kind

steve ballmer's personal wealth is estimated at $20 billion. he dropped out of college to join microsoft in 1980. he was named ceo in january of 2000. he retired in february. >> now with the ongoing saga of the casino matrix, the card room is in jeopardy of being shut down this summer. state officials didn't renew the operating licensed to. instead the california gambling control commission voted to schedule a hearing it lock into accusation that the owners hid millions in profit. the license expires saturday but the casino will be allowed to stay open pending result of the hearing. expected to take place in a few months. >> change is prompting more officers to leave their job with the san jose police department. four officers resigned when changes to the disability retirement benefits kicks in. here is the change, if an officer now gets hurt on the job we he may be forced to take a desk job. officers told nbc bay area that those are the first positions to go when budget cuts come around. it's possible the department could lose 200 officers to

former microsoft ceo steve ballmer is hooping it up. he has won the bid of more -- bidding war for the l.a. clippers. s will eliminate more than 11,000 jobs. that is 3% of its workforce. we begin with a bloomberg exclusive. target is still reeling from that data breach last year. that left vulnerable 40 million credit card customers. john mullen has been handling the fallout. he joins us for an exclusive interview. julie hyman joins us now with the big takeaways from that interview. with him after that interview to continue the conversation. this company is well under its way to try to fix some of the issues that led to that data breach. now, mulligan says he has three priorities. trafficking sales here in the anded states, fix canada, transform to an on the channel retailer. drive more sales off line. he acknowledged that target has lost their mojo. fixing that is the question of what he calls an shackling ourselves, allowing ourselves to take risks in the stores. >> when we are at the best, we are driving newness into the stores. we h

you can't imagine they're going to have a problem with steve ballmer. he's already been vetted before. you but the question is going to be now if there is this other fight with about mental capacity, does the nba just sort of step back and stay on the sidelines while that gets resolved, or do they say we don't know how long this is going to take and what the resolution will be. . we'll go forward with our own proceeding and come june 3rd we'll start our own hearing. >> it's evident that steve ballmer wanted this more than the other billionaires did. >> single peer over here. i was ready to put on my clippers gear. i was all ready. >> the interesting thing is -- >> is it worth $2 billion? >> it doesn't matter. it's worth whatever somebody wants to pay. that's the bottom line for all of us. >>> within the last hour president obama met with secretary eric shinseki. the retired army general is under growing pressure to resign. this morning he apologized for mismana mismanagement at v.a.'s hospitals and promised to change the leadership where up to 40 patien

former microsoft ceo steve ballmer, but will donald sterling go through with the sale? how painful will it be if it does? our legal experts are going to be joining us to discuss. >>> plus, the embattled veterans affairs secretary, eric shins i shinseki, will be speaking to veterans groups this morning. this is, of course, as more and more lawmakers are demanding his resignation amid the growing scandal in the va system. is it time for president obama to take action? what will push him over the edge to make that decision? we will see. >> all right, thanks so much, kate. see you in a bit. >>> happening now, violence escalating in ukraine. a military helicopter shot down. more than a dozen dead. bloody battles between troops and pro-russian separatists. they are raging on. we are live with what's happening this morning, coming up next. i make a lot of purchases for my business. and i get a lot in return with ink plus from chase like 60,000 bonus points when i spent $5,000 in the first 3 months after i opened my account. and i earn 5 times the rewards on internet, phone ser

wolf, looks it's almost over. >> say steve ballmer gets the l.a. clippers, what are the chances he'd move the team from l.a. to seattle? >> ballmer has said he'd like to keep the clippers in l.a., but with his microsoft connections, he's closely tied with seattle. he tried to keep the seattle super sonics there before they became the thunder. we have tried to contact steve ballmer if he would keep the clippers in l.a. or move them and ask him about the shelly sterling meeting. we have not heard back from steve ballmer. >> if you do, let us know. >> will do. >> brian todd, thanks so much. let's dig deeper now, jeffrey toobin is joining us, along with don lemon and l.z. granderson. l.z., do you think after all that's happened to the clippers, the nba would actually allow the team to move the clippers to seattle? >> you know, that really depends upon who the owner is. i don't see a scenario like that, because the reasons why the seattle team left in the first place, i don't see that situation changing, but with that being said, if it expedites the sit

steve ballmer goes to nba boss. the winning bid on the clippers. at the end of the day, it is all about "money." ♪ melissa: ballmer the baller. from harvard football team manager to owner of the l.a. clippers, the former microsoft executive winning one for nerds everywhere with a $2 billion bid for the l.a. clippers. looks like he's going from the last guy picked to calling all of the shots. back now, scott barton and johnathan hoenig. is this sort of a rich, nerdy guy's dream come true? what do you think, jonathan? >> this is at example of the pull yourself up by your boot straps reality that only happens in america. here was the nerd, the guy who couldn't get picked for the team, now he owns the team. i can't help but think of gloria's testify fan's --est fan's get on your feet. bravo to him for coming in and saving this troubled franchise. melissa: let's show that video. if you look at at this guy be, this is one of the regular nerd microsoft meetings. this is the guy that owns your team. scott, what do you think -- [laughter] that the players

. >>> tonight, steve ballmer was checking out his new home turf in los angeles. he watched a hockey game from a luxury box. he is already talking about big things for the clippers. there is still some legal drama with donald sterling. >> i'm keeping the team here in los angeles. i'm excited to have a team in los angeles. >> reporter: speaking with the la times before tonight's kings game. seattle billionaire steve ballmer spoke about his purchase. >> when you buy a tech company, you say what can we turn it into? this is one of the cheapest things i ever bought. >> reporter: he gave shelly sterling credit for moving quickly to sell the team. >> she would be welcome to be there. >> absolutely. >> reporter: late today, the nba announced the sterling trust has agreed to sell the clipper to ballmer meaning there is no need for a vote to remove sterling's ownership. >> they said you are a nut case and we are not going to sign the papers or involve you in the process. >> reporter: this complaint aobtained by the news says the nba had breaches contracted and denied his c

steve ballmer who ran microsoft will buy the team for an astounding $2 billion. a move that may finally lift the cloud over the team since owner donald sterling was heard making racist comments. we get our report tonight from nbc's miguel almaguer. >> reporter: it's the record-setting deal that has everyone talking. >> the one thing diminishing the brand is out, and that's donald sterling. >> reporter: a $2 billion agreement to sell the franchise to this man, former ceo steve ballmer, seen here in his microsoft days. the blockbuster deal that needs nba approval was reached overnight. i intend to do everything in my power to ensure the clippers continue to win and win big in los angeles. michael thompson played in the nba. >> it's great for the clippers. they have a fresh new start under a guy who has deep pockets, who can treat his employees and his players in a first-class fashion. >> reporter: the potential sale comes after donald sterling's racist comments. the nba banned him for life, fined him $2.5 million and began to force him out of the league. with the n

ballmer can do more than own the team. >> i'm a fan. he did good things as ceo, and helping build the company to where it was before he was ceo. but you know who is also a big winner? nadala. he owns 100% of the clippers now, he may be the larger individual shareholder -- >> and he essentially bought the team for ballmer. their stockholders are up since he stepped down, so it was like a gift to get him out of the house. >> donald sterling, we think might have to approve this. the roi looks pretty good on this, but do you see any reason why he could turn it down? >> no, the folks that do sports business for us have a better sense, but i read that the family foundation pushed this forward. he doesn't have to sign off at this point, and ballmer is the ultimate owner. he will spend money to win. he knows the sport, he is passionate, what else do you want. >> how do you value the vanity. is $2 billion ridiculous or do you get it? >> i get it. >> that's four times the last sale. >> but look at the media rights and live media rights have gone

than a love relationship. >> her agreement with ballmer will go straight to the nba for final approval. ballmer is worth $20 billion and would become the richest majority owner in sports vetted bit leg when he was part of a time trying to buy the sacramento kings. >>> a row neither part couple's marriage was not a match but their blood is a story you will see here. the couple helped their regulationship after eight years. they had a child but he wanted to pursue music and she wanted to settle down. 18 months ago her kidneys failed and her name was placed on a long shot list to find a donor and she got lucky. guess who the donor is? >> i was told we were a perfect match, everything has gone perfect and it was a miracle. >> they said because we had a child together i had no antibodies get him. >> on tuesday, the couple will undergo surgery at ucfs to give the gift of life he sacrificed going on a national tour what might have been the biggest break of his career. >> the hidden cash movement is going global after kicking off last week in the bay area, the twitter phenomenon known as "hidd

steve ballmer tried to buy teams before. he's in some ways preapproved. this is kind of a sure thing here. what they want to do is get this behind them. i wouldn't be surprised to see a vote coming soon. >> ryan, thank you. ryan smith on the story from the jump. >> ironically, this scandal has made this team the most valuable team in the nba now. >> reporter: nobody would have thought this a month ago. two months ago. >> unbelievable. $2 billion. ryan, thank you. >>> we're going to turn to the big shakeup at the top of the scandal-scarred v.a. the veterans affairs chief has resigned under pressure after more than a month of shocking stories of inadequate medical care for those who served our country. abc's jim avila has more from the white house. the fact that politicians have both parties calling for him to step down really didn't believe the president much choice yesterday. >> reporter: you're right, bianna. and good morning. a new man at the top. will that bring in a new era at the v.a. who has been trained to hide bad news? >> a few minutes ago, secre

the team will be sold to billionaire steve ballmer pending league approval. saying the sterlings resolved their dispute with donald sterling's wife, shelly. paid back the league for any suits from donald sterling who today announced he is suing the nba for $1 billion in damages. this after ballmer signed an agreement with shelly steriling to pay a whopping $2 bhl billion for the los angeles clippers. the largest sell in nba history. how was she able to sell the team when donald sterling refused to budge? a source tells abc news that donald sterling was found to be mentally incapacitated by neurologists this month. since the sterlings own the team in a trust, and the rules of that trust don't require a court to declare mr. sterling incapacitated, his wife shelly became the sole person authorized to sell it. today, another of donald sterling's lawyers telling abc news any assertion that donald sterling lacks mental capacity is absurd. mr. sterling's mental acuity is something shelly sterling raised with abc's barbara walters when talking about his now infamous

. >> steve ballmer, we know what he is doing. he won the bidding war for the nba los angeles clippers. record $2 billion. we will be asking questions. let the force be with chicago or san francisco? this two states are locked in battle for star wars.ted to it is friday in new york city. stay -- how do i say i am stephanie ruhle in spanish? they will be a rate friday. -- it will be a great friday. time for the news feed. let's get serious. from around the world. president obama is meeting at this hour with the veteran affairs secretary. a serious have conversation about the ability to deal with mismanagement problems at the va hospital. more than 100 members of congress have asked obama to fire the head. lions gate could use another hunger games. the hollywood studio reported results that missed estimates. ishares opened a bit lower this morning. and former ceo steve ballmer has found something to do in his retirement with all that energy. he won the bidding war for the l.a. clippers. he will pay a record $2 billion for the nba te

making fun of steve ballmer thing, a couple people close behind him. oprah winfrey almost got the team with a group. so crazy or not, we could have a separate argument about the mental dexterity of the folks who buy these teams but obviously they see it as a reason to buy them. >> yee. look i think sterling is morally incompetent. i don't think he is mentally incompetent. and mental incompetency and hatred are two entirely different things. it set as dangerous precedent. say franchise owner, in non-hate r hateful way could you say that is hate speech and potentially take his franchise? i don't think it is a -- i think it's a dangerous precedent. neil: gary b., what is what worried me to her point the mark cuban and comments he made during the week, some of his behavior would be deemed to be racist. and, run across the street if he saw an african-american youth walking his way in a hoodie. could that come back to bite him, if he is in some financial trouble? >> yeah, absolutely. this to me is very tortured logic even if it is just legal logic. i don't s

clippers have a new owner ex-microsoft ceo ballmer. according to published reports, the sterling family trust deemed him, that would be sterling, unfit to make decisions to relate to family money. the sterling family owns the team with donald, his wife, shelly, each owning a 50% share. recently she shared her concerns that her husband has dementia. the new owner is steve ballmer and paid a record $2 billion for the team. the contract will now need to be sent to the nba for approval. he lives in seattle but so far not interested in moving that team out of l.a. shelly sterling released a statement saying "i am delighted that we are selling the team to steve. who will be a terrific owner." >>> a major unveil from elon musk. last night he showed the world the future of space flight or so he hopes. a space taxi that seats seven. it's called dragon version 2. the first private spaceship capable of orbiting the earth. musk showed off an animation in southern california and insisted it will be able to land with helicopter accuracy anywhere in

forcing himself to retire is microsoft ceo steve ballmer may be with a new calling. he is the new owner of the l.a. clippers basketball team. a sale after the nba hosted lifetime ban from the sport that followed massive controversy over racist statements made by sterling after the statements became public and enraged players demanded his ouster. team, the% of the tech billionaire agreed to pay $2 billion for the franchise, and nba record. the sale is not yet finalized. he still needs to approve the sale. his lawyers says he is fighting .is punishment >> our latest business news, we are joined in the studio. google is bowing to a ruling from the european union top court? >> google is bowing to the european court of justice. an online form that has allowed europeans to ask for their personal details be removed from online search results that follows a recent ruling that upheld the so-called right to be forgotten. the chief executive has told the financial times that more internet regulation could hurt jeanette startups. >> a european privacy headache for digital search

ballmer has signed an agreement with shelly sterling. but the next play belongs to donald sterling. >> there's no sale. and he has not yet agreed to sign off period. >> reporter: his lawyer telling wolf blitzer before news of the agreement that while donald gave her permission to negotiate selling the team, he did not give her permission to actually sell the team. >> not without reaching an accommodation with the nba, which gives him some form of indication. the money is not critical to him. >> reporter: the nba is pushing for a quick sale. trying to ward off a contentious meeting scheduled for this tuesday, where owners will officially vote to force sterling out. the reaction overnight was quick. with magic johnson tweeting, quote, clipper fans, you'll love steve ballmer as your owner. but either way, donald sterling will not leave empty-handed. he originally bought the team for $12 million. if the sale goes through, he stands to make over $1.9 billion in profit. >> and look who's here, it's the rosa flores of that report. also dan seve