Let's Purchase the Los Angeles Clippers!
Many of you had very strong opinions about what should be done as punishment for the racist comments made by the owner of the LA Clippers basketball team, Donald Sterling.
Now that he has been banned for life by the NBA, and the Commissioner is looking to force a sale of the team, the opportunity has suddenly presented itself for all of you to own a piece of the team you care so much about.
- The world is much different than it was in 1981 when Mr. Sterling purchased the team.
- Major sports teams no longer need to be in the hands of a few wealthy individuals whose values are detached from those of its fans.
- Technology has leveled the playing field in many industries. Now, let's use technology to change the ownership suite.
What We Need & What You Get
Here's what we're looking to accomplish:
- By supporting the project, you will become part owner of an entity that will be put together for the sole purpose of purchasing the Los Angeles Clippers basketball team.
- This will not be a 'feel good' type of ownership structure. You will be a part owner, with voting power just as you would if you bought shares in a public company.
- If we don't reach the funding goal, no funds will change hands. If we are unable to purchase the team, your funds will be returned, less any credit card/Indiegogo fees.
The Impact
This is one of the most unique business opportunities in history.
- Raising $500M only requires 1M people to contribute $500. As a point of reference, the Clippers drew about 800K fans to the Staples Center this season.
- You have the opportunity to make a statement regarding your values and how you believe the major institutions in the United States should do business, and how they should treat people.
- You now have the opportunity to benefit financially from one of the most popular sports in the world.
Other Ways You Can Help
If you can't contribute at this time, you can still help the potential new owners of the Clippers reach their goal.
- Please share this campaign with people you believe would like to be involved.
Times have changed. The ownership ranks of the NBA no longer have to be an old boys club.
Let's shake things up. Let's band together and buy the Clippers.