jimnyc
06-09-2014, 06:59 AM
I really don't understand how his wife is able to fully sign away ALL of his rights in an apparent $2 billion dollar team.
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NBA commish: Sterling's lawsuit only big hurdle left in sale of Clippers; 'Donald is suing himself and he knows that'
SAN ANTONIO – Donald Sterling's official reign over the Los Angeles Clippers is almost finished, NBA commissioner Adam Silver said on Sunday during his first NBA Finals address.
Silver said he expects the NBA Board of Governors to vote in Steve Ballmer as the new owner of the Clippers in mid-July or earlier after recently agreeing to a $2 billion purchase of the franchise. On April 29, Silver banned Sterling for life from the NBA, fined him $2.5 million and said the NBA would force a sale of the Clippers after Sterling made derogatory comments about African-Americans. Silver said the holdup is a pending lawsuit Sterling has against the NBA and himself.
"We're almost there," Silver said.
"I have absolute confidence it will be resolved because of the sale agreement with Shelly Sterling. She agreed to indemnify the [NBA] against a lawsuit by her husband.
"So in essence, Donald is suing himself and he knows that. While I understand he is frustrated, I think it's over. I think it's just a matter of time now and then we will move on to better topics and back to the Finals."
The commissioner also asserted that Shelly Sterling will still be able to attend Clippers games, but will have no other role with the franchise, and there is "absolutely no possibility" that the NBA will rescind its lifetime ban or fine on Donald Sterling.
http://sports.yahoo.com/news/nba-commish--sterling-s-lawsuit-only-big-hurdle-left-in-sale-of-clippers---donald-is-suing-himself-and-he-knows-that-012819154-nba.html
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NBA commish: Sterling's lawsuit only big hurdle left in sale of Clippers; 'Donald is suing himself and he knows that'
SAN ANTONIO – Donald Sterling's official reign over the Los Angeles Clippers is almost finished, NBA commissioner Adam Silver said on Sunday during his first NBA Finals address.
Silver said he expects the NBA Board of Governors to vote in Steve Ballmer as the new owner of the Clippers in mid-July or earlier after recently agreeing to a $2 billion purchase of the franchise. On April 29, Silver banned Sterling for life from the NBA, fined him $2.5 million and said the NBA would force a sale of the Clippers after Sterling made derogatory comments about African-Americans. Silver said the holdup is a pending lawsuit Sterling has against the NBA and himself.
"We're almost there," Silver said.
"I have absolute confidence it will be resolved because of the sale agreement with Shelly Sterling. She agreed to indemnify the [NBA] against a lawsuit by her husband.
"So in essence, Donald is suing himself and he knows that. While I understand he is frustrated, I think it's over. I think it's just a matter of time now and then we will move on to better topics and back to the Finals."
The commissioner also asserted that Shelly Sterling will still be able to attend Clippers games, but will have no other role with the franchise, and there is "absolutely no possibility" that the NBA will rescind its lifetime ban or fine on Donald Sterling.
http://sports.yahoo.com/news/nba-commish--sterling-s-lawsuit-only-big-hurdle-left-in-sale-of-clippers---donald-is-suing-himself-and-he-knows-that-012819154-nba.html