LOS ANGELES – Doc Rivers is staying with the Los Angeles Clippers for another five years.
In Steve Ballmer’s first big move since taking over as team owner, he gave Rivers a new contract through the 2018-19 season. According to Yahoo Sports, the deal for the coach and president of basketball operations is worth at least $50 million.
Rivers had two years and $14 million left on the contract he brought with him from the Boston Celtics last summer.
Former Microsoft CEO Ballmer said it was a high priority to ensure Rivers, 52, remains as long-term leader of the team.
Last week, Rivers said, “With Steve’s leadership, we have this opportunity to be this great organization.”
Rivers was a stabilizing force for the franchise during the upheaval created by former owner Donald Sterling’s racist remarks that led to his ouster after 33 years of ownership.
• Sterling is out of legal options to interfere with the sale of the Clippers to Ballmer.
After California’s 2nd Court of Appeal rejected Sterling’s petition to halt the $2 billion sale Aug. 13, he had 10 business days to ask the state’s Supreme Court to review the case. That deadline expired without any such petition, according to court records.
Ballmer’s attorney, Adam Streisand, confirmed the deadline passed with no appeal.