A group that includes billionaire media executive David Geffen, television icon Oprah Winfrey and Oracle Chief Executive Officer Larry Ellison bid more than $1.5 billion for the Los Angeles Clippers professional basketball team, according to a person familiar with the bid. The bid was one of several for the franchise. Geffen’s group also includes Guggenheim…
Donald Sterling, banned from owning a pro basketball team for inflammatory remarks he made about African Americans, called the National Basketball Association’s action illegal because it was based on a “lover’s quarrel” that was “illegally recorded.” “This was an argument between a jealous man and the woman he loved that should never have left the…
* Donald Sterling, banned for life from the NBA for taped racist comments, has handed over control of the Los Angeles Clippers to his wife, according to media reports on Friday. Celebrity website TMZ, citing unnamed sources, reported that Sterling transferred control of the team to his estranged wife, Shelly, and she is negotiating with…
National Basketball Association Commissioner Adam Silver said on Tuesday he would prefer to let Los Angeles Clippers owner Donald Sterling sell his team “on a reasonable timetable” rather than proceed with trying to forcibly terminate his ownership. The comments from Silver, signaling a willingness to strike a deal to avoid a showdown in his efforts…
The National Basketball Association filed paperwork to terminate Los Angeles Clippers owner Donald Sterling of all ownership rights in the franchise. Sterling has until May 27 to respond to Monday’s filing. He will be allowed to make a presentation at a special Board of Governors meeting on June 3, CNN reported. The 80-year-old Jewish lawyer…
Embattled Los Angeles Clippers’ owner Donald Sterling said he was set up to make racist comments in a taped recording that led the National Basketball Association to ban him for life from the sport, CNN reported on Monday. “Yes, I was baited,” Sterling, 80, told CNN’s Anderson Cooper 360 in an interview to be broadcast…
Los Angeles Mayor Eric Garcetti said on Sunday he expects Los Angeles Clippers owner Donald Sterling to put up a “long, protracted fight” to retain ownership of the team after being banned for life from the National Basketball Association because of racial comments. Garcetti, appearing on CBS News’ “Face the Nation” program, was asked about…
Few people are envious of Mrs. Donald Sterling this week, despite her claim on half of her estranged husband’s estimated $1.8 billion fortune. Born Rochelle Stein, 80-year-old Shelly Sterling remains something of an enigma. Is she simply another in a long line of the L.A. Clippers owner’s victims? Or has she played a role, as…
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