Los Angeles Clippers owner Donald Sterling has agreed to allow his wife to negotiate the basketball team’s forced sale, TMZ and ESPN reported Friday.
Sources with knowledge of the situation told ESPN that Shelly Sterling and her lawyers have been negotiating with the NBA since commissioner Adam Silver banned her husband from the league for life in April. Silver also planned to urge the league’s board of governors to force Donald Sterling to sell the Clippers.
Shelly Sterling reportedly has equal ownership of the team under a family trust, and earlier this month she argued that she was legally entitled to keep the team even if the NBA forced her husband out of the league.
Sterling’s attorney, Pierce O’Donnell, wouldn’t comment on the negotiations to TMZ but did say “Shelly Sterling’s preference has always been to find a way to resolve this dispute amicably with the NBA in a mutually satisfactory manner.”
What? I thought he was standing there and stomping his feet and refusing to go to his room?
Screw around on your wife forever, then give her control of your biggest asset? Smart, smart, smart.
Waving the old white flag. (no pun intended)
This is why Mark Cuban is apologizing, because it isn’t cool to just throw around racially insensitive comments, especially for pro sports team owners. Millions frown on that and the casual reference and then sudden realization of what he is, makes Cuban look bad just the same.
The perfect ending to this story would be, Magic and Oprah going in together and renaming the team the, Flippers.
I think CA is a community-property state.