Thursday, June 5, 2014

Donald Sterling Agrees to Sell Los Angeles Clippers?

Donald-sterling

Donald Sterling has agreed to sell the Los Angeles Clippers, the Associated Press reports, confirming last Friday's reports that he will relinquish the team peacefully.
According to his attorney, Maxwell Blecher, Sterling said he "has made an agreement with the NBA to resolve all their differences."
Sterling will sell the team to Microsoft CEO Steve Ballmer for $2 billion. He had bought the Clippers in 1981 for about $12 million.
Sterling was banned from the NBA by the league's Commissioner Adam Silver after an audio recording of him making racist comments to a woman named V. Stiviano surfaced in April. He was also fined $2.5 million and forced to sell the Clippers under NBA bylaws.
In May it was reported that Sterling will not accept the NBA's punishment without a legal battle, but it now seems the entire saga might be shorter — and end more peacefully — than expected.

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