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Clippers for sale to David Geffen? Uh, not so fast

June 8, 2010 |  9:51 am

Geffen_400 The Clippers maintain that they are not for sale, despite news reports that billionaire David Geffen would like to buy a controlling interest in the team.

Peter Vecsey of the New York Post reported that "an impeccable source reveals David Geffen is hot to buy 51% of the Clippers," and in doing so could secure free agent LeBron James. Multiple sources told The Times that Geffen is interested in purchasing a part of the franchise, but not all sources put the stake at 51%.

All interesting, but a moot point given Clippers owner Donald Sterling's long track record. He is a buyer, not a seller.

"Mr. Sterling has never expressed a desire to sell any part of his team," Clippers President Andy Roeser said in a statement. "Because it is an asset of remarkable value, it's true that there have been countless inquiries over the years. But the Clippers have never been for sale."

Geffen did not respond to a recent written request for comment.

-- Lisa Dillman and Sam Farmer

Photo: David Geffen, left, watches Game 2 of the Western Conference finals at Staples Center with Jeffrey Katzenberg and Tom Cruise. Credit: Noel Vasquez / Getty Images.