B&B #7: Donald Sterling & ROI
Donald Sterling, owner of the Clippers, has been banned from the NBA and is being forced to sell his team (because he’s a crazy racist and thank goodness the NBA won’t stand for that). Let’s think about this though – he bought it for $12.5 million and someone is offering $2 BILLION for it now. That’s some serious Return on Investment (ROI)! We talk about what he’s giving up, how ROI plays an important role in your own finances, and why sometimes, ROI isn’t all that matters.