Clippers Owner Ballmer Steps Down From Microsoft Board

Ballmer expressed confidence in the company's future and called Microsoft his "life's work"

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    NEWSLETTERS

    LA Clippers owner Steve Ballmer rallies fans at the Staples Center on Monday, Aug. 18, 2014.

    Steve Ballmer on Tuesday left Microsoft's Board of Directors, citing new commitments as owner of the Los Angeles Clippers, a day after publicly stepping into his role with the team.

    "The fall will be hectic between teaching a new class and the start of the NBA season so my departure from the board is effective immediately," Ballmer wrote in his resignation letter to Microsoft CEO Satya Nadella. "I see a combination of the Clippers, civic contribution, teaching and study taking a lot of time."

    Ballmer, who handed off the reins as CEO to Nadella in February, expressed confidence in the company’s future and said he is proud that "Microsoft has been my life's work."

    "I bleed Microsoft -- have for 34 years and I always will," he wrote.

    Ballmer bought the Clippers from Shelly Sterling, wife of former owner Donald Sterling, for $2 billion in May.

    Clippers Usher in Ballmer Era With Lively "Fan Fest"

    [LA] Clippers Usher in Ballmer Era With Lively "Fan Fest"
    New LA Clippers owner Steve Ballmer led a raucous celebration at Staples Center while turning some heads with his loud, energetic introduction to fans. Kim Baldonado reports from downtown LA for the NBC4 News at 5 p.m. on Monday, August 18, 2014.

    The deal was approved by the NBA and finalized Aug. 12 after a tumultuous court battle between the Sterlings.

    Shelly Sterling said last week she is "thrilled that the Clippers now have such a wonderful new owner."

    Ballmer introduced himself to thousands of Clippers fans on Monday during an energetic rally at the Staples Center that also featured several players and LA Mayor Eric Garcetti. Ballmer promised to keep the team in LA and to usher in an era of many victories.

    "This is an amazing new day in Clippers history," Coach Doc Rivers said at the rally. "I couldn't be more excited to work together with Steve as we continue to build a first-class, championship organization."

    In a response to Ballmer's resignation letter Tuesday, Nadella thanked Ballmer for his time at the company and wished him success.

    "I am sure that you will bring the same boldness, passion and impact to your new endeavors that you brought to Microsoft," Nadella wrote.

    Ballmer remains a shareholder at Microsoft.