According to Bloomberg TV, former Microsoft CEO Steve Ballmer is officially the owner of the Los Angeles Clippers. Ballmer is reportedly acquiring the franchise for $2 billion, after maligned owner Donald Sterling was given a lifetime ban from the NBA on April 29 following racist comments that were made public. Sterling had tried to block the sale, but a judge ruled that he could not legally do so. We’ll provide further updates as more information becomes available.

[via @BloombergTV]