Less than half a day removed from WWE SummerSlam where former UFC Heavyweight Champion Brock Lesnar pummeled John Cena to capture the WWE World Heavyweight Championship, the Staples Center hosted a joyous event for the fans in Los Angeles. The Los Angeles Clippers welcomed their new owner Steve Ballmer with a fan rally. [Read more…]
The record $2 billion sale of the Los Angeles Clippers was completed Tuesday, with new owner Steve Ballmer saying he will be “hardcore.” The NBA announced the completion of the sale following disgraced former owner Donald Sterling’s failed attempt in a California court to block the the authority of his estranged wife Shelly Sterling to sell the team on behalf of the Sterling Family Trust. Sterling still has legal recourse, and given his history will probably use it. However, he cannot reclaim the
Donald Sterling cannot block the sale of the Los Angeles Clippers, who will go to new owner Steve Ballmer for the staggering record price of $2 billion. A Los Angeles Superior Court judge ruled against Sterling on Monday, ending his attempt at blocking the sale of the team he had owned since 1981. He was forced to give up ownership by NBA commissioner Adam Silver after making recorded racist remarks against blacks. Sterling sued in an attempt to block the sale of
The Clippers are signed, sealed and (almost) delivered. BREAKING NEWS: The NBA has agreed with Sterling Family Trust to move forward with sale of the Los Angeles Clippers to former Microsoft CEO Steve Ballmer. Considering Donald Sterling’s history, compounded by his present condition—having been diagnosed with dementia and alzheimer’s, it seems as though the ongoing debacle that has been the Clippers’ ownership and subsequent sale may soon be coming to an end. Due to his mental condition, neurologists declared
NEW YORK — The NBA, Shelly Sterling and the Sterling Family Trust today resolved their dispute over the ownership of the Los Angeles Clippers, the league announced. Under the agreement, the Clippers will be sold to Steve Ballmer, pending approval by the NBA Board of Governors, and the NBA will withdraw its pending charge to terminate the Sterlings’ ownership of the team. Because of the binding agreement to sell the team, the NBA termination hearing that had been scheduled for June 3
Has Steve Ballmer finally acquired an NBA franchise? Ever since Shelly Sterling claimed to have her husband Donald’s approval to move forward with the sale of the Los Angeles Clippers, she has moved at a blistering pace to field bids in hopes of securing a legitimate buyer before the NBA Board of Governors convene Tuesday, June 3 to vote to have them removed as team owners. Since initiating the bidding war for the Clippers, Shelly’s husband—estranged or not—has
Disgraced Los Angeles Clippers owner Donald Sterling has finally found a legal battle he is unwilling to wage. Banned for life by the NBA following published racist remarks, Sterling has decided to allow his wife, Shelly, negotiate a forced sale of the team with the league, according to published reports. This comes from Ramona Shelburne, the Clippers’ beat writer for ESPNLosAngeles.com: Shelly Sterling and her lawyers have been negotiating with the NBA since her husband was banned for life by commissioner Adam Silver
Eight law firms have reportedly turned down Donald Sterling as he prepares to take the NBA to court over his banishment. Meanwhile, his wife is filing for divorce … and she believes she has a right to take over sole ownership of the Clippers. (The NBA says she is misinformed). Also, Sterling issued an apology of sorts in an interview with CNN’s Anderson Cooper, and he begged for forgiveness. Anybody detect a trend here? [Read more…]