Slashdot Mirror


The Ethics Cloud Over Ballmer's $2 Billion B-Ball Buy

theodp (442580) writes '"It is hard to imagine any more heinous way of earning money than by benefiting from racism," writes Rick Cohen, who argues that Donald Sterling and the NBA owners are being unjustly enriched by Sterling's racism, which led to the $2 billion sale of the L.A. Clippers to ex-Microsoft CEO Steve Ballmer, a record-high sum for an NBA team. "Indeed, the only losers in the Sterling affair are the players," adds the NY Times. "What held promise as a possible D-Day in the N.B.A., a day when N.B.A. owners stood up to be counted and voted Donald Sterling out of the league, instead turned into a great day for the status quo." Forbes contributor Robert Wood speculates that if he plays his cards right, Sterling's windfall could be tax-free.'

4 of 398 comments (clear)

  1. Re:Racism or Thought Police? by Anonymous Coward · · Score: 3, Interesting

    What happened to Sterling is the exact same thing as someone going into your house, reading your diary, and then getting offended at the content. And then trying to get you fired from your job over it.

  2. Re:pishaw by Anonymous Coward · · Score: 5, Interesting

    If you don't live for yourself then you live for others. Living for others makes you a slave.

  3. Re:Racism or Thought Police? by blackraven14250 · · Score: 3, Interesting

    The definition of "ownership" when it comes to sports franchises varies, but basically Sterling doesn't own anything. According to the NBA's constitution, he doesn't even really own so much as the name - if the NBA terminates his ownership, the NBA immediately takes over the team and all its' assets (and has to provide the market value from the sale or liquidation of those assets). The NBA is structured more like a club, where when you join, you get a name under which you can conduct business, and have to share a bit of the profit with the club, and have to follow an extremely detailed set of rules on how to conduct that business.

  4. Re:pishaw by kaatochacha · · Score: 3, Interesting

    Selfishness is a negative, by definition.
    Self-interest, however...that's a whole different kettle of fish. Self-Interest is a universal law, like gravity.
    As long as you understand it, you can moderate/use it.