Clippers make about $10.5M off playoff run
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As the NBA worked to oust Los Angeles Clippers owner Donald Sterling, the team pulled in an estimated $10.5 million from its postseason run, sources tell ESPN.com.
Thanks to a seven-game series against the Golden State Warriors and a six-game series against the Oklahoma City Thunder, the Clippers played seven playoff games at the Staples Center.
Sources with knowledge of the revenue-sharing deal with the league, which equally splits the home ticket revenue between the team and the NBA, and of the Clippers' arrangement with the Staples Center, which is owned by AEG, say the Clippers net approximately $1 million per home playoff game in ticket sales.
The income from the playoffs represents more than four times the $2.5 million maximum fine the league imposed on Sterling last month for his racist remarks.
and the entire Clippers ownership group -- the league needs 75 percent of the league's other owners to vote to make the move.