Posts Tagged ‘Donald Sterling’
Shelly Sterling wins case, can sell Clips
Los Angeles, California – Judge Michael Levanas has ruled in favor of Shelly Sterling, estranged wife of Los Angeles Clippers owner Donald Sterling, allowing her to proceed with her negotiated sale of the basketball franchise. She had removed her husband as trustee of the trust that owns the team, citing medical experts claims that Donald…
Read MoreDonald Sterling sues wife and NBA for damages
NBA – There are new twists and turns in the saga involving embattled Los Angeles Clippers owner Donald Sterling and the fate of his basketball franchise. On Monday Sterling had a face to face meeting with former Microsoft CEO Steve Ballmer, the person with whom his wife Shelly Sterling had negotiated the sale of the…
Read MoreSterling to sell Clips, drops suit vs. NBA
The latest chapter of the ongoing saga involving the Los Angeles Clippers and its embattled owner, Donald Sterling, has turned a new page. According to Sterling’s attorney, he will be withdrawing a $1 billion lawsuit against the league and will not pursue any further legal action regarding the NBA’s attempt to “force” him to sell…
Read MoreSteve Ballmer could buy Clippers for $2 billion
Former Microsoft C.E.O. Steve Ballmer has reached an agreement to purchase the Los Angeles Clippers for $2 billion from the Sterling family trust. The deal, which was made between Ballmer and Shelley Sterling (estranged wife of Clippers owner Donald Sterling), will still require the approval of 75% of the NBA’s 30 owners. Lawyers of Donald…
Read MoreNBA: Clippers owner Donald Sterling banned for life, fined $2.5M
The NBA has banned Los Angeles Clippers owner Donald Sterling for life and has fined him $2.5 million, the maximum fine allowed in the NBA constitution. NBA commissioner Adam Silver will also urge the NBA owners to force Silver to sell the franchise. Silver is confident that he will get the support of the owners.…
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