Grant Hill joins ownership group to buy L.A. Clippers

Grant Hill joins ownership group to buy L.A. Clippers
May 25, 2014, 7:00 pm
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Grant Hill ended his career with the Los Angeles Clippers, where they struggled through the 2012-13 season and only played 29 games. Now the native of Reston, Va., is positioning himself to buy the team from embattled owner Donald Sterling. 

Hill, who is co-host of Inside Stuff on NBA TV, has partnered with a group of billionaires. It's one of several groups vying to pay about $1 billion to take over the franchise. Commissioner Adam Silver has banned Sterling indefinitely and league owners are prepared to officially terminate his interest by vote. Sterling caused a stir in the last two months for being recorded racist remarks and then giving an interview in which he deemed Magic Johnson unworthy of being respected because he is HIV positive. 

According to Marc Stein of "Former NBA All-Star Grant Hill has partnered with billionaire investors and longtime Southern California residents Tony Ressler and Bruce Karsh to form an ownership group to bid on the Los Angeles Clippers when they are officially put up for sale, according to sources close to the process.

"Hill’s group is already regarded by league officials as a viable contender for the Clippers in what is forecast to be a highly competitive auction when the franchise finally hits the open market. One industry source told this week that the bidding could start as high as the $1.5 billion range."