October 24, 2014 7:41 AM ET

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Company Overview of Los Angeles Clippers, Inc.

Company Overview

Los Angeles Clippers, Inc. offers sports and entertainment services. The company owns and manages the Los Angeles Clippers professional basketball team that plays in the National Basketball Association. Additionally, it offers sport merchandise retailing and marketing services. Los Angeles Clippers, Inc. was formerly known as San Diego Clippers and changed its name to Los Angeles Clippers, Inc. in November 1984. The company was founded in 1970 and is headquartered in Los Angeles, California.

1111 South Figueroa Street

STAPLES Center

Suite 1100

Los Angeles, CA 90015

United States

Founded in 1970

Phone:

213-742-7500

Fax:

213-742-7570

Key Executives for Los Angeles Clippers, Inc.

Interim Chief Executive
Age: 66
Chairman of the Board and Owner
Vice President of Basketball Operations
Vice President of Marketing and Broadcasting
Vice President of Communications
Compensation as of Fiscal Year 2014.

Los Angeles Clippers, Inc. Key Developments

Yao Ming Denies Eyeing Deal To Buy Clippers

Yao Ming denied a report that he was lining up investors to bid for Los Angeles Clippers, Inc. "I can't confirm it because it is completely a rumour," Yao Ming told reporters when asked about the report at an NBA event in Taipei. "Currently I don't have such a plan" to buy any NBA team, he added. ESPN, citing unnamed sources, reported in May 2014, that Yao and Grant Hill, were working separately to find investors to launch bids.

Richard Parsons Joins Los Angeles Clipper as Interim Chief Executive

One of America's prominent businessmen, known for quelling fierce corporate infighting, was named by the NBA as interim chief executive of the Los Angeles Clippers in a move to restore credibility and stability to the team after owner Donald Sterling was banned for life from the league. The appointment of Richard Parsons, former chairman of Time Warner and Citigroup, would bring extraordinary leadership to the Clippers organization as it faces the defection of advertisers and the threatened flight of fans, players and coaches.

Justin Bieber And Floyd Mayweather May Reportedly Acquire Los Angeles Clippers

Justin Bieber and Floyd Mayweather are reported to be wanting to acquire Los Angeles Clippers, Inc. from Donald Sterling.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
May 29, 2014
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