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.

 


Videos

Photos