After Steve Ballmer plunked down $2 billion for the NBA’s Los Angeles Clippers, fans might expect the former Microsoft chief executive to be hitting the reset button on a team that has been through a nasty public fight over racism.
The record $2 billion sale of pro basketball’s Los Angeles Clippers to former Microsoft Corp chief executive Steve Ballmer can proceed over the objections of co-owner Donald Sterling, a judge tentatively ruled on Monday.
Los Angeles Clippers owner Donald Sterling lashed out at his estranged wife following her court testimony in a trial over the $2 billion sale of the NBA team.
Los Angeles Clippers co-owner Donald Sterling on Tuesday sparred with his estranged wife’s attorney at a trial over the $2 billion sale of the NBA franchise, interrupting and shouting during testimony and saying that he wants to hold onto the team for financial reasons.
Attorneys for Donald Sterling told a probate court judge on Monday that the Los Angeles Clippers co-owner had been duped into medical examinations that determined he lacked the mental capacity to have a say in the $2 billion sale of his team.
Shelly Sterling on Wednesday was granted a trial next month in Los Angeles to resolve a dispute with her estranged husband Donald Sterling over who controls the NBA’s Los Angeles Clippers, leaving its $2 billion sale up in the air.
Donald Sterling, owner of the Los Angeles Clippers, has decided not to support the sale of the team and will go forward with a federal lawsuit against the National Basketball Association.
A charitable foundation to be run by Los Angeles Clippers co-owner Shelly Sterling, whose estranged husband, Donald Sterling, is being forced to sell the NBA team after making racist remarks, will have a stake in the franchise, a source close to negotiations said on Monday.
National Basketball Association Commissioner Adam Silver said on Sunday a single obstacle blocked completion of the $2-billion sale of the Los Angeles Clippers - a lawsuit brought by embattled owner Donald Sterling against the league.
Embattled Los Angeles Clippers owner Donald Sterling has agreed to sell the team for $2 billion and will drop his lawsuit against the National Basketball Association, his lawyer Maxwell Blecher said on Wednesday, five weeks after taped racist remarks Sterling made caused the NBA to ban him for life.