Commissioner Gary Bettman says he has NHL teams worth more than Clippers
LOS ANGELES, Calif. – NHL commissioner Gary Bettman says if the Los Angeles Clippers sell for US$2 billion, he has franchises worth more.
The estranged wife of embattled Clippers owner Donald Sterling has said she has agreed to sell the NBA franchise to former Microsoft Corp. chief executive Steve Ballmer for that amount.
Bettman said sports franchises are becoming increasingly valuable because of their prominence as media content.
Speaking before Game 1 of the Stanley Cup final, the NHL commissioner said the Clippers sale may be a unique case due to the Los Angeles market, the number of people in the L.A. area who wanted to buy the team and Ballmer himself.
“It went for $2 billion, whether that means all franchises, either in the NBA or in any sport are proportionally impacted, I’m not so sure to the dollar,” said Bettman. “But if the Clippers are worth $2 billion, we have plenty of franchises that are worth at least that, if not more.”
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