The Los Angeles Clippers soon may be for sale, triggering a billionaire bidding war that probably will result in a record price for a National Basketball Association team.

Commissioner Adam Silver yesterday took the unprecedented step of banning Clippers owner Donald Sterling for life and urging NBA owners to force the sale of a major professional sports team in the second-biggest U.S. media market. Among those who already have expressed interest in owning the team is music executive David Geffen, who the Bloomberg Billionaire Index says has a net worth of $5.7 billion. CBS News has confirmed that Oprah Winfrey is considering teaming with Geffen and Oracle CEO Larry Ellison to make a bid to buy the team.

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