Share “Report: Donald Sterling authorizes sale of...”

Report: Donald Sterling authorizes sale of Clippers

www.cbssports.com Published: May 23, 2014
Advertisement

photo - FILE - In this Nov. 12, 2010, file photo, Los Angeles Clippers owner Donald T. Sterling, right, sits with his wife Rochelle during the Clippers NBA basketball game against the Detroit Pistons in Los Angeles. An attorney representing the estranged wife of Clippers owner Donald Sterling said Thursday, May 8, 2014, that she will fight to retain her 50 percent ownership stake in the team.  (AP Photo/Mark J. Terrill, File)
FILE - In this Nov. 12, 2010, file photo, Los Angeles Clippers owner Donald T. Sterling, right, sits with his wife Rochelle during the Clippers NBA basketball game against the Detroit Pistons in Los Angeles. An attorney representing the estranged wife of Clippers owner Donald Sterling said Thursday, May 8, 2014, that she will fight to retain her 50 percent ownership stake in the team. (AP Photo/Mark J. Terrill, File)

Banned Los Angeles Clippers owner Donald Sterling has reportedly authorized his wife Shelly to negotiate the forced sale of team.

 

 

It was thought that Sterling, who was banned for life from the NBA and fined $2.5 million for racist comments, would fight the NBA's forced sale of the Clippers, but reports are that the billionaire won't move forward with any legal action. It's not exactly a bad move for Sterling to wave the white flag, however, as the Clippers are estimated to be worth well over $1 billion.

See this story on www.cbssports.com