Another big name has been in the mix of buying the Los Angeles Clippers, and that is Yao Ming. Yes, you read that correctly: Yao Ming.
"Yao Ming is putting together a group of wealthy Chinese investors to make a serious run" at buying the franchise, reports ESPN's Bill Simmons.
Before you jump into any conclusions, Yao Ming is actually an extremely rich person. Since retiring from basketball back in 2011, he has been an investor in China's technology industry. As of two years ago, that industry has accumulated a net worth of over $150 million.
Back in 2009, Yao purchased his former Chinese team, the Shanghai Sharks, when the financially struggling franchise was on the brink of shuttering. He's also taken college classes and started a winery since leaving the NBA, so he has the time to work on his passions.
Just because Yao Ming has the money and group support to purchase the team doesn't mean it will happen, especially if the Clippers get their way and Shelly Sterling is allowed to dictate the process, which would only complicate matters.The odds that Yao actually bids for the Clippers are pretty low.
