The person in charge of helping him settle in was Scott Cook, who later co-founded Intuit.Īsked about one of the lessons he learned at P&G that he stills using today as an NBA owner, Ballmer said: "It's good to make consistent long-term bets. Ballmer flashed back to 1977, when he worked at Procter and Gamble. He then laughed when discussing the "weird, small world" and a key relationship that probably helped land the Clippers a record naming rights agreement. "Your energy can feed our team to greater success." Get in the building, pump up, make energy," Ballmer added, clapping his hands. "It's about being optimistic about our fans. "This stadium is about being optimistic about our team," Ballmer said. That deal only enhanced Ballmer's optimism. Intuit, the software company that makes Turbo Tax, will pay the team more than $500 million for a 23-year naming rights slot. The Clippers will get some of that back, though. The Clippers owner also paid the town of Inglewood $66.2 million for the land where Intuit Dome will sit. MSG purchased the Forum for $23.5 million in 2012 and cashed out in 2020, thanks to Ballmer. Ballmer needed to resolve legal issues with MSG, who complained Ballmer's new arena would damage the Forum's income. The Lakers played there from 1967-1999, and the building mainly hosts concerts today. You have to keep your optimism."īallmer was referring to the $400 million in cash he paid Madison Square Garden Company, the previous owner of the Forum. We had to buy the Forum as part of that process. "Putting the land together is quite the circus of legal issues, resolutions. "You have to be optimistic to take on a huge project when you don't start with land," Ballmer said. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit
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