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Thread: Donald Sterling to surrender ownership of Los Angeles Clippers to wife

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    Donald Sterling to surrender ownership of Los Angeles Clippers to wife

    All you racist Jew haters should be happy, Sterling has given up the fight.


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    Donald Sterling to surrender ownership of Los Angeles Clippers to wife to negotiate sale


    Donald Sterling has agreed to allow his wife to negotiate a forced sale of the Los Angeles Clippers, taking a pre-emptive step as the NBA process for forcing him to sell the team he has owned since 1981 is underway.
    Shelly Sterling, a co-owner of the team in a family trust with her husband, is negotiating with the NBA to sell the team, which Sterling bought for $12.5 million, according to both TMZ and ESPN’s Ramona Shelburne. The move to force out the league’s longest-tenured owner comes four weeks after racist comments by Donald Sterling surfaced and rocked the NBA. Since then, the NBA, in accordance with its constitution and by-laws, had sent Sterling a letter informing him of the reasons for the forced sale and he has until May 27 to reply. The Board of Governors is set to meet June 3 and Sterling’s ouster would be accomplished by a three-fourths vote of the other owners then.
    TMZ reports that Sterling made the stunning decision to turn over the team, which may bring in upwards of $1 billion, because he realized he was fighting a losing battle. Shelly Sterling had said that she hoped to retain her interest in partnership with a new majority owner, but that’s not how these things usually work. Because she had more credibility and leverage with the NBA, the decision was made to turn over ownership to her. If she agrees to sell the team in its entirety, the Sterling mess would come to a conclusion relatively swiftly. If the NBA orders an involuntary sale, she would fight in a lawsuit, TMZ says.
    It is important to note that the agreement is between the Sterlings and does not involve the NBA — yet. An unnamed source told the Los Angeles Times that the move by the Sterlings would proceed “if the league will allow her to retain some ownership.” The source, described as a confidante, said: “My sense is that it’s not a done deal. The issue is whether she gets to keep an interest” for the purposes of the sale.
    Sterling was banned from contact with the league and team by Commissioner Adam Silver on April 29 and he urged the other owners to vote to force Sterling to sell (as well as fining him $2.5 million). In the days since then, a number of prospective buyers have preliminarily emerged. Oprah Winfrey, Larry Ellison and David Geffen have expressed interest in purchasing the team; so have Dr. Dre, Floyd Mayweather Jr., P Diddy and Rick Ross. Magic Johnson, whose named was dragged into the mess on the original recordings, also has been mentioned as a possible owner along with the Guggenheim group with which he own the Los Angeles Dodgers.
    Shelly Sterling had professed to have support from fans and Clippers employees in her move to keep part of the team, saying fans were high-fiving her at games and saying “go, girl.” But Magic Johnson disputed that, saying the Clippers “would not play” for her.

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    Re: Donald Sterling to surrender ownership of Los Angeles Clippers to wife

    I've got a secret for you, come close, its not because he's Jewish

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    Re: Donald Sterling to surrender ownership of Los Angeles Clippers to wife

    Quote Originally Posted by ArchieBunker View Post
    All you racist Jew haters should be happy, Sterling has given up the fight.

    COLONEL JACK!!!!!!!!!!!!!!


    I think I found a stargate into pre civil right era America!!!!!!!!!!!!!!!!!!!!!!!!!!

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    Re: Donald Sterling to surrender ownership of Los Angeles Clippers to wife

    Quote Originally Posted by ArchieBunker View Post
    All you racist Jew haters should be happy, Sterling has given up the fight.
    Is it a full moon tonight or something?
    Freedom of speech is not freedom from criticism.

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    Re: Donald Sterling to surrender ownership of Los Angeles Clippers to wife

    Quote Originally Posted by ArchieBunker View Post
    All you racist Jew haters should be happy, Sterling has given up the fight.


    ---------------------------------------
    Donald Sterling to surrender ownership of Los Angeles Clippers to wife to negotiate sale


    Donald Sterling has agreed to allow his wife to negotiate a forced sale of the Los Angeles Clippers, taking a pre-emptive step as the NBA process for forcing him to sell the team he has owned since 1981 is underway.
    Shelly Sterling, a co-owner of the team in a family trust with her husband, is negotiating with the NBA to sell the team, which Sterling bought for $12.5 million, according to both TMZ and ESPN’s Ramona Shelburne. The move to force out the league’s longest-tenured owner comes four weeks after racist comments by Donald Sterling surfaced and rocked the NBA. Since then, the NBA, in accordance with its constitution and by-laws, had sent Sterling a letter informing him of the reasons for the forced sale and he has until May 27 to reply. The Board of Governors is set to meet June 3 and Sterling’s ouster would be accomplished by a three-fourths vote of the other owners then.
    TMZ reports that Sterling made the stunning decision to turn over the team, which may bring in upwards of $1 billion, because he realized he was fighting a losing battle. Shelly Sterling had said that she hoped to retain her interest in partnership with a new majority owner, but that’s not how these things usually work. Because she had more credibility and leverage with the NBA, the decision was made to turn over ownership to her. If she agrees to sell the team in its entirety, the Sterling mess would come to a conclusion relatively swiftly. If the NBA orders an involuntary sale, she would fight in a lawsuit, TMZ says.
    It is important to note that the agreement is between the Sterlings and does not involve the NBA — yet. An unnamed source told the Los Angeles Times that the move by the Sterlings would proceed “if the league will allow her to retain some ownership.” The source, described as a confidante, said: “My sense is that it’s not a done deal. The issue is whether she gets to keep an interest” for the purposes of the sale.
    Sterling was banned from contact with the league and team by Commissioner Adam Silver on April 29 and he urged the other owners to vote to force Sterling to sell (as well as fining him $2.5 million). In the days since then, a number of prospective buyers have preliminarily emerged. Oprah Winfrey, Larry Ellison and David Geffen have expressed interest in purchasing the team; so have Dr. Dre, Floyd Mayweather Jr., P Diddy and Rick Ross. Magic Johnson, whose named was dragged into the mess on the original recordings, also has been mentioned as a possible owner along with the Guggenheim group with which he own the Los Angeles Dodgers.
    Shelly Sterling had professed to have support from fans and Clippers employees in her move to keep part of the team, saying fans were high-fiving her at games and saying “go, girl.” But Magic Johnson disputed that, saying the Clippers “would not play” for her.
    If it's true that the players "would not play for her," I think they're worse than Don Sterling.

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    Re: Donald Sterling to surrender ownership of Los Angeles Clippers to wife

    Quote Originally Posted by Wiseone View Post
    I've got a secret for you, come close, its not because he's Jewish
    Since when does Archie Bunker get off calling other people racists and Jew haters?


    Quote Originally Posted by Jetboogieman View Post
    This issue has been plowed more times than Paris Hilton.
    Quote Originally Posted by Oborosen View Post
    Too bad we have to observe human rights.

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    Re: Donald Sterling to surrender ownership of Los Angeles Clippers to wife

    Quote Originally Posted by MaggieD View Post
    If it's true that the players "would not play for her," I think they're worse than Don Sterling.
    I think the players feel that if she owned the team, she'd merely be a proxy owner for Donald.
    Freedom of speech is not freedom from criticism.

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    Re: Donald Sterling to surrender ownership of Los Angeles Clippers to wife

    Quote Originally Posted by rocket88 View Post
    Since when does Archie Bunker get off calling other people racists and Jew haters?
    You can guarantee that if it was a negro owner saying **** about white people or Jews the negro owner would not be losing his team right now

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    Re: Donald Sterling to surrender ownership of Los Angeles Clippers to wife

    Quote Originally Posted by ArchieBunker View Post
    You can guarantee that if it was a negro owner saying **** about white people or Jews the negro owner would not be losing his team right now
    Persecuted much? You might as well disclose your lean, we all know what it is now.


    Quote Originally Posted by Jetboogieman View Post
    This issue has been plowed more times than Paris Hilton.
    Quote Originally Posted by Oborosen View Post
    Too bad we have to observe human rights.

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    Re: Donald Sterling to surrender ownership of Los Angeles Clippers to wife

    Quote Originally Posted by ArchieBunker View Post
    You can guarantee that if it was a negro owner saying **** about white people or Jews the negro owner would not be losing his team right now
    Poor debate style.... YOU seem to be of that opinion, but I'd say if a black owner went on a tirade about barring whites from attending games, that it was a black only game... or his half white mistress could have sex with whites but no pics with white male friends and certainly not be seen watching games with whitey... (we won't EVEN get into the Jew thing)

    Yeah he'd have his black ass in a bind right now.

    Stupid and arrogant knows no racial bounds.... meathead.... (I miss that show, my wife can't stand it, reminds her of her ex's parents waaaaay too much, Chicago polish folks who were extremely bigoted- go figure)

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