The Los Angeles Clippers are not for sale, but if ever the National Basketball Association franchise goes on the market, it seems there will be no shortage of interested buyers.
Several billionaires and business tycoons have voiced their interest in purchasing the Clippers, just in case owner Donald Sterling decides to sell the team—or the NBA's 29 other owners force him to do so. The uproar began after Sterling's racist remarks, which were recorded by a friend and mysteriously surfaced over the weekend, prompted NBA commissioner Adam Silver on Tuesday to issue a lifetime ban on the owner and a $2.5 million fine.
The chaos surrounding Sterling is far from over, but the Clippers are currently competing in the NBA finals and Forbes estimates the team is valued at around $575 million, making it an attractive purchase for the right buyer.
"The Clippers, at the right price, are a good business opportunity," said Don Peebles, a real estate developer, who told CNBC's "Closing Bell" on Thursday he would like to gather a group of minority and women investors to buy the team. Peebles thinks the franchise could go for anywhere between $500 million and $750 million, depending on the "fine print."
If there happens to be a drawn out legal battle between Sterling and the NBA, though, it would only increase the value of the team and attract more buyers, sports attorney Darren Heitner told "Street Signs" on Thursday.
"It would be a very public auction and we may see other people come out of the woodwork and express interest ... it adds to the perceived value of the team," Heitner said, adding potential litigation is unlikely to scare billionaire moguls away. "What we may see is these individuals who have a lot of money and have that sort of publicity attached to their names band together."
If recent interest in the team is any indicator, it seems the Clippers could sell at the high end of the range.
So far, real estate developer Rick Caruso, billionaire talk show entrepreneur Oprah Winfrey, Oracle co-founder Larry Ellison and entertainment mogul David Geffen have all expressed interest in buying the Clippers. Professional boxers Oscar de la Hoya and Floyd Mayweather Jr. said they'd like to buy the team, too.
Yahoo Sports, citing league sources, suggested former Los Angeles Laker Earvin "Magic" Johnson might be interested in purchasing the Clippers—but Magic on Monday struck down the rumor.
If Magic were to assemble a team of investors, though, actor Matt Damon told "Closing Bell" he'd "jump in as a super tiny minority investor."
Read More Matt Damon: I'd invest in the Clippers
Hip-hop mogul Sean Combs as well as rapper Rick Ross, recently took to Twitter to throw their hats into the ring, too.
That said, we want to hear from you. If the Clippers were up for sale, would you buy the team?
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