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Clippers Owner Donald Sterling Fined $2.5M and Banned for Life by NBA[W:545]

Re: NBA Bans Donald Sterling For Life

Erod said:
He paid $12 million for the team that he can now sell for close to $800 million.

I think he's going to be alright.
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If a sale is forced, it won't sell for any where near the 800M.
 
Re: Clippers Owner Donald Sterling Fined $2.5M and Banned for Life by NBA

sangha said:
Spike Lee hasn't signed an agreement with the NBA. The NBA can't punish him
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The NBA can punish anyone they want by denying them access to their facilities and games, period.
 
Re: NBA Bans Donald Sterling For Life

Erod said:
He paid $12 million for the team that he can now sell for close to $800 million.

I think he's going to be alright.
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He wants to disenfranchise others, perhaps the NBA should disenfranchise him. I'm sure someone would be happy to build a team in LA.
 
Re: Clippers Owner Donald Sterling Fined $2.5M and Banned for Life by NBA

CanadaJohn said:
The NBA can punish anyone they want by denying them access to their facilities and games, period.
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No way they do anything to Lee...or Barkley.
 
Re: NBA Bans Donald Sterling For Life

sangha said:
True, but if he sells, he's going to take a beating

He's not going to get top dollar because right now it's a damaged brand. In addition, the buyers know he's in a tough spot so the can low ball him. Finally, he's going to have to pay taxes on the capital gain. All in all, it's going to cost him tens of millions and maybe even more than 100 million
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The market value of his team is somewhere between $575 million and $1 billon and since he has no interest in selling, any forced divestiture that nets him less than what he considers a reasonable value will result in such loses being charged to the NBA through another suit.

But this is all hypothetical since I believe US anti-trust law would side with Sterling in any attempt to have the league force him to sell after 33 years of ownership.
 
Re: Clippers Owner Donald Sterling Fined $2.5M and Banned for Life by NBA

Top Cat said:
No way they do anything to Lee...or Barkley.
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Because they're hypocritical cowards who are afraid of the backlash - but if they were actually acting on principle and not political expediency, they'd accept the backlash as the cost of doing the right thing.
 
Re: Clippers Owner Donald Sterling Fined $2.5M and Banned for Life by NBA

CanadaJohn said:
Because they're hypocritical cowards who are afraid of the backlash - but if they were actually acting on principle and not political expediency, they'd accept the backlash as the cost of doing the right thing.
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I see what you did there.
 
Re: NBA Bans Donald Sterling For Life

CanadaJohn said:
The market value of his team is somewhere between $575 million and $1 billon and since he has no interest in selling, any forced divestiture that nets him less than what he considers a reasonable value will result in such loses being charged to the NBA through another suit.

But this is all hypothetical since I believe US anti-trust law would side with Sterling in any attempt to have the league force him to sell after 33 years of ownership.
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No, the MV of the team *was* between $575 million and a billion. What it is now is anybody's guess.

And the NBA isn't forcing him to sell. They're just putting him in a situation where it's difficult for him to continue owning the team. Your conclusions about US anti-trust law are worth no more than the paper they were written on.
 
Re: Clippers Owner Donald Sterling Fined $2.5M and Banned for Life by NBA

Top Cat said:
Here's an interview with Marques Johnson on KJR- Seattle. This was yesterday. Get past the intro, he talks about playing for Sterling and the manner he was treated.

Marques Johnson 4-29
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I listened to the whole interview and all I heard was an ex player saying Sterling treated his employees like employees and not members of his family. I would do exactly the same.

The ex player also admitted there was no overt racism, but power plays.

Again I have to ask where is the proof he doesn't respect black people. This is a race issue after all and not an employeer/employee issue.
 
Re: Clippers Owner Donald Sterling Fined $2.5M and Banned for Life by NBA

sangha said:
No, they can't
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Absolutely they can. If you don't think some people have been banned from attending league games and/or facilities for reasons related to the "image of the game", you're crazy.

If you believe what you posted, there is no way the NBA could ban Sterling for life from attending any NBA game or facility, particularly after he ceases to be an owner and league governor by virtue of that ownership. If he doesn't have a team, he's just like you or I at that point.
 
Re: Clippers Owner Donald Sterling Fined $2.5M and Banned for Life by NBA

herenow1 said:
I can understand the banning, but why the fine? The guy's messed up in his head, but he didn't cause physical harm or defame anybody.
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It's symbolic. When you are worth 1.9 billion dollars, a 2.5 million dollar fine is chump change.
 
Re: NBA Bans Donald Sterling For Life

sangha said:
True, but if he sells, he's going to take a beating

He's not going to get top dollar because right now it's a damaged brand. In addition, the buyers know he's in a tough spot so the can low ball him. Finally, he's going to have to pay taxes on the capital gain. All in all, it's going to cost him tens of millions and maybe even more than 100 million
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He bought the team in 1981 for $12 million. He will sell it for around $700 million. God, I wish I could take that kind of beating.
 
Re: Clippers Owner Donald Sterling Fined $2.5M and Banned for Life by NBA

Mason66 said:
Ilistened to the whole interview and all I heard was an ex player saying Sterling treated his employees like employees and not members of his family. I would do exactly the same.

The ex player also admitted there was no overt racism, but power plays.

Again I have to ask where is the proof he doesn't respect black people. This is a race issue after all and not an employeer/employee issue.
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His overt racism was giving young black men jobs and paying them $millions when he could have hired lousy white players for far less and still had the worst team in the league for about 30 of the past 33 yrs he's owned the team.
 
Re: Clippers Owner Donald Sterling Fined $2.5M and Banned for Life by NBA

CanadaJohn said:
Absolutely they can. If you don't think some people have been banned from attending league games and/or facilities for reasons related to the "image of the game", you're crazy.
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No, a business which is a public accommodation can not ban customers unless they have a legitimate business interest to protect.

If you think they have already done this, then name the customer that the NBA has banned to protect its' image

If you believe what you posted, there is no way the NBA could ban Sterling for life from attending any NBA game or facility, particularly after he ceases to be an owner and league governor by virtue of that ownership. If he doesn't have a team, he's just like you or I at that point.
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Sterling is not a customer; He's an owner and he signed a contract agreeing to be bound by the commissioner's decisions.

And if he sells the team, I think he would be free to attend games but I'm not certain of the terms of the agreement he signed with the NBA (ie no one is)
 
Re: NBA Bans Donald Sterling For Life

Wiggen said:
He bought the team in 1981 for $12 million. He will sell it for around $700 million. God, I wish I could take that kind of beating.
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You don't know how much he lost on the team in the 33 yrs he owned and operated it - it's the Clippers, after all, not the Lakers. But most owners of sports teams don't buy them as a profit venture unless they are in the TV/Cable business and need content.
 
Re: Clippers Owner Donald Sterling Fined $2.5M and Banned for Life by NBA

Isn't this political correctness run-amok crazy....
 
Re: Clippers Owner Donald Sterling Fined $2.5M and Banned for Life by NBA

sangha said:
No, a business which is a public accommodation can not ban customers unless they have a legitimate business interest to protect.

If you think they have already done this, then name the customer that the NBA has banned to protect its' image



Sterling is not a customer; He's an owner and he signed a contract agreeing to be bound by the commissioner's decisions.

And if he sells the team, I think he would be free to attend games but I'm not certain of the terms of the agreement he signed with the NBA (ie no one is)
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Flo Rida’s Manager Banned from Games 6 & 7 of the NBA Finals : Sandra Rose

I could provide others, but I'll let you do the research if you'd like. Point is, as I stated, the NBA could ban Spike Lee from its games/facilities for racism detrimental to the image of the game - the same principle under which Sterling is being banned.
 
Re: NBA Bans Donald Sterling For Life

CanadaJohn said:
You don't know how much he lost on the team in the 33 yrs he owned and operated it - it's the Clippers, after all, not the Lakers. But most owners of sports teams don't buy them as a profit venture unless they are in the TV/Cable business and need content.
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I'd be willing to bet he hasn't lost $688 million dollars. Owning a professional sports team today, with tv revenues and merchandise dollars, is a license to print money. If the Clippers get put up for sale, there will be multiple bidders waiting. $700 million might be conservative.
 
Re: Clippers Owner Donald Sterling Fined $2.5M and Banned for Life by NBA

tres borrachos said:
Nope, it was DeShawn. The NBA loved him. The fact that he raped a 14 year old wasn't important. It's much more important to focus on who some guy wants his mistress to take selfies with.
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It is a pretty big deal, actually... some selfies can ruin a reputation.
 
Re: Clippers Owner Donald Sterling Fined $2.5M and Banned for Life by NBA

sangha said:
No, a business which is a public accommodation can not ban customers unless they have a legitimate business interest to protect.

If you think they have already done this, then name the customer that the NBA has banned to protect its' image



Sterling is not a customer; He's an owner and he signed a contract agreeing to be bound by the commissioner's decisions.

And if he sells the team, I think he would be free to attend games but I'm not certain of the terms of the agreement he signed with the NBA (ie no one is)
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A business can ban anybody it likes... it happens in bars and restaurants most often. Public pools. Libraries. Etc. It can happen in the NBA.
 
Re: NBA Bans Donald Sterling For Life

Wiggen said:
I'd be willing to bet he hasn't lost $688 million dollars. Owning a professional sports team today, with tv revenues and merchandise dollars, is a license to print money. If the Clippers get put up for sale, there will be multiple bidders waiting. $700 million might be conservative.
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This is true, but it's not all gravy - for the first 20 some years he owned the team, first in San Diego and then in LA, he was losing money and only since getting a new arena deal about 6 years ago did he start making operating profits. As a result, the cost of the team is greater than the initial $12 million, both in money injected into the franchise and opportunity lost value resulting from not having that money to use on other investments. He's obviously done quite well - I just wanted to counter the magnitude of the claims.
 
Re: NBA Bans Donald Sterling For Life

Mason66 said:
If a sale is forced, it won't sell for any where near the 800M.
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Absolutely it will, or he'll sue the league blind for collusion.
 
Re: Clippers Owner Donald Sterling Fined $2.5M and Banned for Life by NBA

CanadaJohn said:
Flo Rida’s Manager Banned from Games 6 & 7 of the NBA Finals : Sandra Rose

I could provide others, but I'll let you do the research if you'd like. Point is, as I stated, the NBA could ban Spike Lee from its games/facilities for racism detrimental to the image of the game - the same principle under which Sterling is being banned.
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Nope

Flo Rida was banned for his behavior at one of the games; not for something he said while not at a game.
 
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