Raptors Forum | Toronto Raptors Forums & Message Boards - View Single Post - Report: Donald Sterling agrees to sell the Clippers
View Single Post
Old 05-23-2014, 11:45 AM   #1 (permalink)
is the baby faced assassin

Join Date: May 2008
Location: YO MAMMA
Posts: 81,104
Report: Donald Sterling agrees to sell the Clippers

In an effort to maximize the seemingly inevitable sale of the Los Angeles Clippers, disgraced owner Donald Sterling has reportedly agreed to let his estranged wife, Shelly, negotiate the terms, according to Ramona Shelburne of ESPN.com:

Ramona Shelburne ✔ @ramonashelburne
Donald Sterling has agreed to allow his wife Shelly to negotiate a forced sale of the Clippers, source tells ESPN.

Sterling recently received a lifetime ban from NBA commissioner Adam Silver after the release of a recording that featured Sterling making racist remarks, per ESPN.com.

Additionally, an owner vote is set for June 3 in order to determine the fate of the Clippers' ownership. The expectation is that Sterling will be forced to sell, which is largely why Shelly is likely to control the sale.

According to TMZ, the belief is that any sale with Donald Sterling at the helm would be involuntary whereas Shelly would have more leverage against the league if she spearheads the effort.

If the league doesn't cater to Shelly's desires, however, TMZ reports that a lawsuit against the NBA is possible.

Shelly's attorney, Pierce O'Donnell, recently made it clear that his client should not be punished by being forced to relinquish her stake in the team for something her husband did, per ESPN.com.

"We have just received the voluminous charges and are beginning the process of carefully reviewing them. Based on our initial assessment, we continue to believe there is no lawful basis for stripping Shelly Sterling of her 50 percent ownership interest in the Clippers. She is the innocent estranged spouse. We also continue to hope that we can resolve this dispute with the NBA for the good of all constituencies."

This is despite the fact that Silver is treating the ownership stakes of Donald and Shelly Sterling as one, according to Mark Medina of the Los Angeles Daily News:

Mark Medina @MarkG_Medina
Adam Silver reiterated if Donald Sterling's ownership is terminated, so too will Shelly Sterling's ownership stake

Ramona Shelburne ✔ @ramonashelburne
The NBA has yet to accept the terms of this new arrangement between Shelly and Donald. She'll need to sell it all for them to consider.

Ramona Shelburne ✔ @ramonashelburne
But if she's willing to sell the whole thing, this could bring a startlingly quick end to this affair
Donald Sterling Will Reportedly Allow Wife Shelly to Negotiate Clippers Sale | Bleacher Report

Last edited by jeffb; 05-23-2014 at 11:52 AM.
jeffb is offline   Boss Key Wife Key