Los Angeles Clippers are losing a few major sponsors after owner Donald Sterling’s racist tirade..
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State Farm and used-car retailer CarMax are the first to drop the Clippers, although sponsorship of individual players may continue.
The Clippers’ remaining 7 sponsors, 1-800Loanmart, Amtrak, Anheuser-Busch, AQUAhydrate, Corona, Virgin America, and Yokohama, are yet to respond.
Meanwhile Magic Johnson, one of the specific black people mentioned by Sterling, is rumored as a possible buyer for the team.