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Donald Sterling OKs Wife To Sell Clippers

May 23rd, 2014 at 12:49pm CST by Chuck Myron

12:49pm: The NBA issued a response to the news via press release, suggesting that the league is unmoved by the proposal to have Shelly Sterling conduct the sale of the team.

“We continue to follow the process set forth in the NBA Constitution regarding termination of the current ownership interests in the Los Angeles Clippers and are proceeding toward a hearing on this matter on June 3,” NBA spokesman Mike Bass said in the statement.

11:11am: Shelly Sterling has agreed to sell the team only if she gets to keep a minority stake, as USA Today’s Brent Schrotenboer, Jeff Zillgitt and Sam Amick report. Since the league insists she would have to relinquish her ownership in entirety as part of any sale, as Shelburne noted, this appears to be a stumbling block.

10:36am: Several in ownership circles expect the Clippers to sell for more than $1 billion, and one source tells Brian Windhorst of ESPN.com that there’s a decent chance the selling price ends up closer to $2 billion than $1 billion, echoing a report from Grantland’s Bill Simmons (Twitter links).

9:49am: Donald Sterling has agreed to let wife Shelly Sterling negotiate the sale of the Clippers, a source tells Ramona Shelburne of ESPNLosAngeles.com. The NBA hasn’t approved the arrangement yet, Shelburne adds (on Twitter). The league won’t consider the Sterlings’ proposal unless they divest themselves of 100% of their ownership of the club, according to Shelburne. TMZ first reported that Donald Sterling was putting the future of the Clippers in his wife’s hands.

The news is a startling turn, given the widespread assumption that Donald Sterling would put up a strong legal fight to retain the team as the NBA looked to strip it from him. The TMZ report suggests that Shelly Sterling still intends to sue if the league attempts to conduct the sale itself rather than allow her to run it, but it nonetheless is the first indication that the Sterlings are resigned to losing the team.

Commissioner Adam Silver banned Sterling for life late last month after determining that he made several racially charged comments on an audio recording. The Board of Governors is set to vote June 3rd to terminate his ownership, and the league maintains that would apply to Shelly Sterling as well. The Sterlings own the Clippers jointly as part of a family trust.

Shelly Sterling and her attorney have vehemently fought the assertion that the NBA’s punishment of her husband should apply to her. She claimed that she was a part of the league’s efforts to find an interim CEO for the team, though a report suggested her hope has been to control a 50% stake in the team and act as a hands-off owner. Dick Parsons, whom the league named interim CEO of the franchise two weeks ago, dismissed the notion that Shelly Sterling had any existing role with the team or that she would have one in the future.

Magic Johnson and the Guggenheim Partners are willing to jointly pay in excess of $1 billion to purchase the Clippers, and a slew of other prospective buyers have lined up. Still, it’s unclear if Johnson, one of the subjects of Donald Sterling’s racist remarks, would want to negotiate with Shelly Sterling, or if Sterling would want to do so with him. Donald Sterling reportedly fears that the league has been trying to engineer the sale of the team to Johnson. Sources told Claire Atkinson of the New York Post that billionaire Antony Ressler is preparing to try to buy the team, and Atkinson hears Ressler is a longtime friend of Donald Sterling. It’s possible, given the close proximity of the timing of Atkinson’s report and the news of Donald Sterling’s willingness to let go of the team, that the Sterlings have Ressler atop their list of preferred buyers, but that’s just my speculation.

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And-Ones: Love, Sterling, Nets

May 19th, 2014 at 10:33pm CST by Cray Allred

Celtics owner Wyc Grousbeck tells Baxter Holmes of The Boston Globe that Boston won’t start any serious trade discussions until the lottery is over. “Nothing has been discussed until we see the pick,” Grousbeck said. “When we see what pick it is, the phones will start ringing and we’ll start answering the phones.” Here’s more from around the league:

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Clippers/Sterling Rumors: Tuesday

May 13th, 2014 at 7:17pm CST by Chuck Myron

Donald Sterling hinted in his interview with CNN’s Anderson Cooper that he might not put up the legal fight he’s been expected to mount to keep the Clippers, as Bleacher Report’s Kevin Ding observes. Ding asserts that Sterling’s wife, Shelly, doesn’t pose as significant a stumbling block to the NBA’s plan to strip the team from the family as reports have indicated. Once the Clippers emerge from the mess, they’re poised to become a glamour franchise, Ding writes, noting that some around the Lakers are “hugely worried” about the success of the Clips and the specter that Magic Johnson or another celebrity will soon own them. Here’s more on the Clippers:

  • Magic shared his thoughts with CNN’s Anderson Cooper about Donald Sterling’s reluctance to let the Clippers go: “He’s a man who’s upset and he’s reaching. He’s reaching. He’s trying to find something that he can grab on to help him save his team. And it’s not going to happen” (passed along by Shelby Grad of the Los Angeles Times, hat tip to the Chicago Tribune).
  • The NBA Advisory/Finance committee held a conference call on the Clippers and will reconvene next week (first passed along via tweet from RealGM). Jeff Zillgitt of USA Today passed along that the committee discussed Donald and Shelly Sterling’s recent TV appearances, interim CEO Dick Parsons, and the ownership termination process (Twitter link).

Earlier updates:

  • Earlier today, Chris Paul and Blake Griffin recoiled at Donald Sterling’s claim that the Clippers players still love him, notes Broderick Turner of the Los Angeles Times.
  • Pierce O’Donnell, Shelly Sterling’s attorney, says they’re “ready to go to war” over the league’s contention that it can remove her from ownership of the team at the same time it votes her husband out, as O’Donnell tells Scott Cacciola of The New York Times.
  • In the same interview, O’Donnell threatened to depose owners and personnel from other teams around the league in a potential lawsuit against the NBA. “To answer your question, of course I’ll ask for discovery. But it’s in everybody’s best interests to avoid Armageddon,” O’Donnell said.
  • Shelly Sterling tells Cacciola that she hasn’t spoken to other owners in the league since her husband was banned, but she suggests owners around the NBA would stick up for her husband if they weren’t afraid of a player backlash.
  • We passed along the latest on Magic Johnson’s bid to buy the Clippers earlier today.
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Clippers Rumors: Free Agency, Rivers, Sterling

May 12th, 2014 at 10:22am CST by Chuck Myron

A prominent agent told Sean Deveney of The Sporting News that he has clients who don’t intend to sign with the Clippers this summer unless Donald Sterling is “gone completely.” That indicates the Sterling saga will indeed have an effect on free agency, as there’s almost no chance the situation will be resolved by July, as Deveney points out.

“I don’t think the whole thing winds up with Sterling back in charge, that is just hard to imagine,” another agent told Deveney. “There’s the chance, though. There’s a chance you wind up working for Sterling. That’s the problem.”

Here’s more from a team that fought off the Thunder and a media circus to overcome a 22-point deficit in Sunday’s win:

  • People around the league feel as though Doc Rivers won’t leave the Clippers even if the league hasn’t completely severed its ties with Sterling by this summer, Deveney writes in the same piece. Rivers hasn’t said definitively that he’ll return to the team for next season after raising questions about his future shortly after the Sterling fiasco began.
  • The league believes it can strip Shelly Sterling’s ownership of the team when it does so with her husband, as we passed along last night, though Shelly Sterling intends to fight that interpretation, as she told ABC’s Barbara Walters. “To be honest with you, I’m wondering if a wife of one of the owners, and there’s 30 owners, did something like that, said those racial slurs, would they oust the husband?” Shelly Sterling said. “Or would they leave the husband in?”
  • Pierce O’Donnell, the attorney for Shelly Sterling, cited the U.S. Constitution in his rebuttal to the league’s contention that it can take the team from her. Legal experts have emphasized to Mark Medina of the Los Angeles Daily News that the Constitution doesn’t apply to businesses like the NBA, and lawyers make it clear that such a defense is flimsy, Medina adds (Twitter links).
  • Shelly Sterling also told Walters that she’s been speaking to attorneys for the last 20 years about a divorce, which could further complicate the league’s efforts to remove the Sterlings.
  • Donald Sterling attempted to explain his racially charged remarks and asked the league’s forgiveness in an interview with CNN’s Anderson Cooper.
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And-Ones: Sterling, Cavs, Brown, Rockets

May 11th, 2014 at 10:36pm CST by Zachary Links

Donald Sterling’s sit down with Anderson Cooper airs on CNN tomorrow night, but Charles Barkley won’t be among those watching. “We got to work tomorrow night so we don’t have to watch that junk,” the Hall of Famer told his Inside The NBA cohorts as they came back from commercial, as noted by Nina Mandell of USA Today.  Here’s tonight’s look around the league..

  • LeBron James and other NBA players are concerned about Shelly Sterling taking control of the Clippers, but a statement released this evening by NBA spokesman Mike Bass could put those worries to bed.  “Under the NBA Constitution, if a controlling owner’s interest is terminated by a 3/4 vote, all other team owners’ interests are automatically terminated as well. It doesn’t matter whether the owners are related as is the case here.  These are the rules to which all NBA owners agreed to as a condition of owning their team,” the statement read (Howard Beck of Bleacher Report on Twitter).
  • Shelly Sterling’s attorney released a statement of his own to reporters, including Arash Markazi of ESPNLosAngeles.com (on Twitter).
  • Sources tell Sam Amico of Fox Sports Ohio that Cavs owner Dan Gilbert will support whatever decision the team’s next GM makes regarding Mike Brown. So, it appears the coach’s fate is in the hands of David Griffin, who’s expected to have the interim tag removed from his GM title soon. People around the league are split on whether Griffin would retain Brown, according to Amico.
  • Kostas Papanikolaou, whose NBA rights are owned by the Rockets, says he’s in no rush to make the leap over.  “Nothing changed in my thoughts about the NBA. If I get a good chance, I will go. However, I am new in this team [FC Barcelona Regal], they have treated me with respect and I only think about Barcelona. A team that helps me evolve my game and be better. So, I don’t know what will happen, if I will end up in the NBA this summer or the next one,” the Euroleague standout told Nikos Varlas of Eurohoops.net.

Chuck Myron contributed to this post.

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And-Ones: Kerr, Sterling, Hawks, Griffin

May 10th, 2014 at 2:32pm CST by Charlie Adams

Although Steve Kerr has never coached before, Keith Schlosser of Knicks Journal opines he possesses the necessary traits to effectively run an NBA club. Still, it remains to be seen whether those traits can translate into effective results, says Schlosser. Here’s this afternoon’s look around the Association:

  • The Heat‘s James Jones, an executive for the NBA Player’s Association, says that it wouldn’t be acceptable for Shelly Sterling to retain ownership of the Clippers, writes Ira Winderman of the Sun Sentinel. “That’s our stance, and it hasn’t changed, and it won’t,” said Jones.
  • John Branch of the New York Times examines the scenario that led to Donald Sterling purchasing the Clippers and chronicles the now banned owner’s tenure as boss in Los Angeles.
  • Some soon-to-be free agents have shown fondness for the Hawks roster and are intrigued at the prospect of playing with Jeff Teague, Al Horford, and Paul Millsap, making Atlanta an appealing destination, tweets Sam Amico of Fox Sports Ohio.
  • The Cavs named David Griffin “acting” GM on Februrary 6th, and Terry Pluto of the Plain Dealer thinks it’s time the team officially offers him the role of full-time general manager.
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Pacific Notes: Sterlings, Kings, Young

May 10th, 2014 at 8:40am CST by Cray Allred

The Kings finalized a 35-year lease agreement to build a new arena in Sacramento, according to a report from Dale Kasler, Tony Bizjak and Ryan Lillis of The Sacramento Bee. The agreement still has to be voted on by city council, but there are no signs at this point that the measure would fail. Here’s more from the Pacific Division:

  • The NBA is not worried about Shelly Sterling’s long term involvement with the Clippers, sources with knowledge of the league’s legal strategy tell Michael McCann of SI.com. There is no danger of Shelly becoming a controlling owner of the team by default, and the only way she could be named a controlling owner would be with league approval.
  • McCann has also learned that Sterling is likely to lose her share along with Donald Sterling if the league is successful in their push to oust him. California property law views the team as a single property shared by the Sterlings, not two distinct 50/50 pieces that the league could strip in part.
  • League officials are not worried about a “slippery slope” precedent being set with the ouster, per McCann. Private comments made by other owners in the past or future will not be subject to these measures, except for egregious cases that create exceptional outrage like Sterling’s comments did.
  • In anticipating the likelihood of a Sterling lawsuit, the SI.com scribe shares that the league is more concerned with the legal process becoming dragged out and embarrassing than it is with the strength of its case, which it expects to hold up in court.
  • Mike Trudell of Lakers.com takes a look at Nick Young‘s season with the Lakers, asking the pending free agent about his future with the team. “Hopefully I could be back but we’ll see what [the Lakers] plans are after the draft and settle in to what they want to do,” said Young. “I appreciate everything they said to me and being able to do what I do here.” The Lakers are rumored to be interested in bringing the shooting guard back next year.
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Clippers Notes: Sterling, Rivers, Magic

May 9th, 2014 at 9:55pm CST by Cray Allred

Doc Rivers says the Clippers’ situation is still “murky” following the hire of interim CEO Dick Parsons, and he wishes he could have a “do-over” on his initial conversation with Shelly Sterling, tweets Arash Markazi of ESPNLosAngeles.com. Presumably, Rivers was as unaware of Sterling’s drive to maintain her entire stake in the team at the time. Here’s more from L.A.:

  • Shelly Sterling’s lawyer made an appearance on CNN, vowing to fight any attempt to strip the team from her “to the death” (quote via Rachel Nichols of ESPN.com).
  • Magic Johnson told reporters including Eric Prisbell of USA Today that Clippers players wouldn’t play for the team if Sterling retains her 50% share in the team, as she intends to do. “Those guys are not going to play for anybody [named] Sterling,” Johnson said. “It’s going to be hard for them to sell that to the fans and definitely to the players.”
  • Johnson won’t say how interested he is in purchasing the team, telling Prisbell that he is hesitant to comment on what will likely be a long process leading up to a sale. “Donald Sterling is going to fight it. You know that. It is going to be a long time,” said Johnson. “I have other things to do before I just say my level of interest. The team has to be up for sale. And I think that is going to be eight months to a year. Once it’s official, that it’s really up for sale, we’ll take a look at it.”
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Latest On Dick Parsons

May 9th, 2014 at 8:15pm CST by Cray Allred

We found out earlier today that Dick Parsons will be running the Clippers as their interim CEO as the league moves forward with its effort to strip banned owner Donald Sterling of the team. More details on the nature of his role are streaming in, mostly from the man himself. Here’s a roundup of the latest:

  • Parsons told Shelburne that he hopes his tenure is completed within months. “It’s interim and my hope would be that it’s months. How many, I can’t say,” said Parsons. “Because the longer this thing stays unresolved… this is not a pleasant story. We’ve got to get this behind us. But I can’t say anymore than anybody else can say how long it’s going to take. 
  • While still pledging to cede control to Doc Rivers for basketball matters including the draft, Parsons again told Shelburne that he is the ultimate authority in L.A. For example, Parsons said that he would give the final yes or no for free agent signings.
  • Rivers told reporters including Medina that he is on board with the installation of Parsons (Twitter link). “I trust the league in this so well,” said Rivers. “They’re smarter than me.”
  • Rivers called Parsons a “very good hire” for the Clippers, tweets Arash Markazi of ESPNLosAngeles.com.

Earlier updates:

  • Magic Johnson offered warm praise of Parsons, taking to Twitter to call the interim CEO an “idol” of his. Johnson has interest in purchasing the Clippers.
  • Parsons told Aldridge that Adam Silver first approached him about the position on Monday.
  • While Parsons left Rivers in charge of basketball decisions, he maintains that he will still be the ultimate decision maker. “Every organization needs an ultimate leader. That doesn’t mean the ultimate leader has to make all the calls,” Parsons told Aldridge. “What I’ve said to [Rivers] is in my early background in law, I love and embrace the partnership approach to management. But at the end of the day, the CEO has to sign off on all the decisions.”
  • That lines up with his description of himself to Shelburne (Twitter link) as “proxy owner” for all team matters other than the “sale or alienation of the team.”
  • Parsons tells Jeff Zillgitt of USA Today that he has no plans to stay with the team beyond this time of transition, and characterized his job as a temporary, emergency fix for a “headless” organization. “It’s hurting the players, it’s hurting the team, it’s hurting the game, it’s hurting the fans, it’s hurting advertising and it’s hurting, frankly, the league. It’s blown up beyond that,” said Parsons. “It’s an issue that’s more important than the Clippers and even the NBA. … How we handle it in this country is going to be noted not just by people who live here but by people around the world. I’m happy to try and help.”
  • Parsons told Zillgitt that he will step down from his position on the board of governors for Madison Square Garden, which controls the Knicks, but he will not move to Los Angeles.
  • Parsons reiterated to Zillgitt that Doc Rivers will still be very much in charge of basketball decisions in L.A. “I told [Rivers], ‘You run the basketball side. I’ll run the business side and we’ll get this done together.'”
  • Parsons revealed to Mark Medina of Los Angeles Daily News that his role will fill those of both banned owner Donald Sterling and inactive team president Andy Roeser. “My job is to build those two roles and provide leadership and stability to the team and to be the voice of ownership on [matters] that come before the NBA other than the sale of the team,” Parsons said.
  • Parsons told Medina that he doesn’t see Shelly Sterling having any managing say for the Clippers moving forward. “She is a beneficial owner of the team and has an ownership interest,” Parsons said. “But she doesn’t have a current role with the team and I don’t believe that will change.”
  • Parsons would not speculate to Medina on whether or not Shelly Sterling will be forced to give up her share in the team. “In terms of sale and who owns what and who’s going to own what as we go forward, that’s still in the court of the NBA,” said Parsons.
  • Parsons tells the Los Angeles Daily News scribe that it’s “very hard to tell” how long this transition will take to resolve. “The league is hopeful that we can get through this transition period before the beginning of the next season,” Parsons said. “I hope they are right. But we will have to wait and see.
  • The 66-year-old Parsons told David Aldridge of NBA.com he is not interested in owning the Clippers (Twitter link). “I’m an old guy now. I’d rather be with my grandkids.”
  • Parsons told Broderick Turner of The Los Angeles Times he won’t be involved in any resolution between Shelly Sterling and the league. “That is really between the Sterlings and the NBA,” said Parsons. “My job is to really be a conservator of the assets, to manage the assets so it runs properly, we keep the momentum, we build the value while that question of ownership is being bought out in another arena, an arena in which I’m not standing.”
  • Sterling repeated her assertion that she consulted with the NBA on its search for a Clippers CEO, and says she approves of the league’s choice of Parsons, according to Ramona Shelburne of ESPNLosAngeles.com (Twitter links).
  • Parsons told Shelburne that he will be reaching out to Sterling soon, because she is a stakeholder and she, unlike her husband, has not been banned (Twitter links).

Chuck Myron contributed to this post.

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Clippers/Sterling Rumors: Thursday

May 8th, 2014 at 9:18pm CST by Chuck Myron

Commissioner Adam Silver could scarcely have been more resolute in his press conference last week to ban Clippers owner Donald Sterling for life, but It doesn’t appear as though final resolution to the saga will be so straightforward. Here’s more on the battle for the Clippers involving Sterling and wife Shelly Sterling.

  • Shelly Sterling does not want to become the managing owner of the Clippers, but is hoping to maintain her 50% share and passive role while a new buyer replaces her husband’s active role, a person close to her camp tells Brent Schrotenboer of USA Today.
  • Schrotenboer’s source said that Sterling is in talks with the league, but didn’t give an indication of whether the NBA is agreeable to such a scenario.
  • Sterling’s attorney released a two page statement further detailing Sterling’s claim of rights to continue owning the team, per Arash Markazi of ESPNLosAngeles.com (Twitter link).
  • In the statement, the attorney denied that legal proceedings from Shelly Sterling’s past are fair grounds on which to judge the co-owner, Ramona Shelburne of ESPN.com passes on (Twitter links).

Earlier updates:

  • The Sterling family trust in control of the Clippers indeed lays out a 50-50 ownership split between Donald and Shelly Sterling, Medina tweets.
  • Rivers reiterated that it wouldn’t be ideal for Shelly Sterling to own the team going forward, as Mark Medina of the Los Angeles Daily News notes (Twitter links). “That would be a difficult situation for everybody because of the relationship,” Rivers said. “I guarantee every person wouldn’t be on board with that. Whether I would or not, I’m not going to say.”
  • Shelly Sterling’s lawyer tells Tami Abdollah of The Associated Press that she “will not agree to a forced or involuntary seizure of her interest” in the team, which is a 50% share, Abdollah writes. Attorney Pierce O’Donnell said Shelly Sterling is considering divorce from Donald Sterling, and he claims they’ve been separated for the past year. O’Donnell also said that Shelly Sterling “abhors” her husband’s racial comments and believes that Silver “exonerated” her last week when he said that no decision had been made regarding any claim to ownership from the family of Donald Sterling. O’Donnell added that he spoke with the NBA on Thursday, and that Shelly Sterling still plans to attend Friday’s game against the Thunder.
  • A recording of a phone conversation allegedly involving Donald Sterling gives further indication that he’ll fight the NBA’s efforts to strip him of Clippers ownership, as Dylan Howard and Melissa Cronin of RadarOnline.com report. Howard and Cronin claim possession of an affidavit confirming that Sterling was part of the conversation. “You can’t force someone to sell property in America!” Sterling is to have said, according to the report. “I’m a lawyer, that’s my opinion.”
  • Doc Rivers and the Clippers had no indication that Shelly Sterling would try to keep the team, tweets Arash Markazi of ESPNLosAngeles.com. Markazi points to a comment Rivers made last week in which the coach asserted that it didn’t sound as if she could own the team going forward and that “I think she knows that,” Rivers said. (Twitter link).
  • Shelly Sterling asked Rivers’ permission to attend Game 5 against the Warriors, then attended Game 7 against the team’s wishes, Markazi points out, adding that the team wants nothing to do with her as “co-owner” of the club (Twitter links). Rivers and other Clippers department heads are jointly running the team in the absence of president Andy Roeser, who’s on indefinite leave, while the NBA searches for a new CEO.
  • We passed along the latest on Shelly Sterling’s push to control the Clippers earlier today.
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