Oprah Winfrey's Clippers bid falls $400 million short

Oprah's reported $1.6 billion bid to purchase the Clippers fell way short. (REUTERS)

Oprah's reported $1.6 billion bid to purchase the Clippers fell way short. (REUTERS)

WENN.com

, Last Updated: 1:04 PM ET

Oprah Winfrey missed a chance to become a sports team owner when she lost out in a bidding war for the Los Angeles Clippers.

The TV titan teamed up with music mogul David Geffen to form a consortium offering a reported $1.6 billion bid for the NBA team, which was put up for sale after owner Donald Sterling became engulfed in a race row.

Winfrey's group lost out to former Microsoft CEO Steve Ballmer, who won the franchise with a bid of $2 billion.

The sale has yet to be finalized.

Sterling hit headlines in April over incendiary remarks he made in a leaked tape conversation, which prompted comedian Arsenio Hall to launch a crowd-sourcing campaign in a bid to buy the team himself.

He promised to donate the money raised to charity if he failed to earn the billions of dollars needed to buy the Clippers.

 


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