With the sale of the Los Clippers to new owner Steve Ballmer officially completed, many within the organization can finally breathe a sigh of relief. There had been plenty of rumors over the summer about the possibility of boycotting the season by the players – spearheaded by Chris Paul – if Donald Sterling wasn’t replaced before the season began. Even worse was the possibility of losing Doc Rivers, the team’s coach and President of Basketball Operations, who had seriously considered the
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
As great as these NBA playoffs have been, two characters seem to keep finding ways to steal the show. The first culprit? Donald Sterling. NBA commissioner Adam Silver has been doing his best to sweep this mess under the rug as quickly as possible. In fact, he’s made greater strides to accomplish that than I think any of us could have originally anticipated. Less than a month later, the team is already in the process of being sold. [Read more…]
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
Two billion dollars. Want to see the zeroes? $2,000,000,000. That is what the Los Angeles Clippers will be sold for, unless Donald Sterling can somehow prevent it. This is just nuts. [Read more…]