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.
The $2 billion sale of the NBA’s Los Angeles Clippers faces a key legal hurdle on Monday as the estranged husband and wife who own the franchise battle in court over control of the team.
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.