It's official, the Los Angeles Clippers have a new owner.

The sale of the team from the Sterling family to the Microsoft CEO was finalized earlier today, making Steve Ballmer the official owner.

The sale came after Donald Sterling was banned for life by the NBA after racist comments.

Sterling's wife Shelly orchestrated the sale to Ballmer for a reported $2 billion after the league urged Sterling to sell the tea rather than be forced out as owner.