Just when you thought you wouldn’t hear about old man Donald Sterling, the news broke this afternoon that the now former owner of the Los Angeles Clippers will allow (yes I said allow) his wife to carry on the ownership of the team. Shelly Sterling will will “voluntarily move to sell the team…” (USAToday.com, 2014)
Read more here:
There are contingencies in the agreement, a second person with direct knowledge of the situation told USA TODAY Sports. Shelly Sterling has agreed to sell the team as long as she retains a minority interest in the Clippers, according to the second person, who also requested anonymity because he was not authorized to speak publicly about the negotiations.
It was not immediately clear whether the NBA will agree to Shelly Sterling’s terms. The NBA, which banned Sterling for life on April 29, has said its move to terminate Donald Sterling’s ownership would also terminate any other ownership interest in the team. But that process could be affected by Donald Sterling’s decision to voluntarily transfer his share of the team to his wife.
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