After an appeals court rejected Donald Sterling appeal on Wednesday, it seems he has to definitely give up his attempt to stop the $2-billion sale of the Los Angeles Clippers to Steve Ballmer. The court issued a brief ruling saying it couldn’t stop sale that had been completed. “The evidence before this court indicates the sale of the Los Angeles Clippers to Steven Ballmer has closed,” the … [Read more...]
Rochelle Sterling Allowed to Sell the Los Angeles Clippers for $2 billion
A California judge issued a preliminary ruling Monday that entitles Rochelle Sterling to sell the Los Angeles Clippers to the businessman Steve Ballmer, who has agreed to pay $2 billion for the franchise. During the ruling, Judge Michael Levanas of California Superior Court explained that Rochelle Sterling had correctly followed the directions of the family trust as far as removing … [Read more...]
Bye-Bye Clippers Owner, Says NBA Commissioner
In a statement made Tuesday evening in Las Vegas, NBA Commissioner Adam Silver expressed his hopes that the sale of the Los Angeles Clippers, whose price tag is an impressive $2 billion, will go through as planned. According to plan, the sale of the team should be completed before the commencement of the following season. However, Silver added, at the moment it’s impossible to make any promises … [Read more...]
