Banned Los Angeles Clippers owner Donald Sterling has reportedly authorized his wife Shelly to negotiate the forced sale of team.
The NBA has yet to accept the terms of this new arrangement between Shelly and Donald. She'll need to sell it all for them to consider.— Ramona Shelburne (@ramonashelburne) May 23, 2014
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.