HoopsHype Adam Silver rumors

June 8, 2014 Updates

Silver said Ballmer intends to purchase the Clippers entirely on his own, with eventual plans to build an ownership group. "What Steve has told us is that while he's the 100 percent owner of the team now, he intends to move forward and close as the 100 percent owner," Silver said. "And all he's told me is that he would then look to bring in other partners, but that would be premature right now." ESPN.com

Silver also discussed the league's upcoming television rights negotiations, saying talks are in place for next week when the Finals transition to Miami. The current deal runs through the 2015-16 season. "We're pleased with our current partners in the Disney Company and Time Warner Turner," Silver said. "We have discussions set for next week in Miami and those discussions are ongoing. It's still my hope that we extend early before we get to the market, but we'll see. We'll see how those discussions go." ESPN.com

June 6, 2014 Updates
June 4, 2014 Updates

What appear to be Adam Silver’s leadership strengths now that he is David Stern’s replacement? Marc Stein: He is incredibly approachable and accessible. He’s clearly not afraid to consider tweaks of all kinds to the game and seems willing to put pretty much anything on the table at a time when the league is doing well and it would be easy to just push the status quo. He also strikes me as quite comfortable in the glare of the spotlight despite the size of the very big shoes he’s stepped into. I’ve said from the start that establishing the sort of authoritarian presence that I think a commissioner has to have is going to be his biggest challenge after the domineering way Stern lorded over the game for three decades. But you’d have to say Silver has quickly accumulated a lot of fans — and rightfully so — with the way he’s handled the Donald Sterling situation. He’s going to force Sterling out of the league and ultimately preside over a $2 billion sale of Sterling’s team to make all the other owners happy. He’s off to some start. Ed Odeven Reporting

June 1, 2014 Updates

Tim Bontemps: NBA Commissioner Adam Silver has released a statement about the passing of former Nets owner Lewis Katz: All of us at the NBA were extremely saddened to learn of the tragic, sudden death of former Nets owner Lewis Katz. Lewis was a trusted friend and valued member of the NBA family. He was a visionary businessman who touched the lives of so many with his tireless pursuit of innovation and enterprise, as well as his deep commitment to his family, friends and community. I send my deepest condolences to the Katz family during this very difficult time. Twitter @TimBontemps

May 31, 2014 Updates

With Donald Sterling on his way out as the owner of the Los Angeles Clippers, one sports industry executive says the team – arguably the worst-run franchise in sports history -- is poised to knock off the Lakers as the toast of Tinsel Town. Former Microsoft chief executive officer Steve Ballmer’s $2 billion offer for the team might be the final step in turning the Clippers into Southern California’s favorite NBA team, the California sports insider said. “If Ballmer keeps the team in Los Angeles, the Clippers could go from stepchild to Cinderella,” said the sports industry insider, a Clippers season ticket holder. The executive, who requested anonymity because he has been involved in deals with numerous pro sports franchises and doesn’t want to be seen as a Clippers partisan, was a die-hard Lakers fan growing up in Southern California during the 1980s, when Magic Johnson led the “Showtime” Lakers to the NBA Finals practically every year. New York Daily News

The league announced the move Friday, the same day Sterling's attorneys filed suit in a Los Angeles federal court against the NBA and Commissioner Adam Silver asking for damages in excess of $1 billion. Sterling opposes the sale, but Shelly Sterling was able to negotiate with Ballmer because her estranged husband was stripped of his ability to act as a co-trustee of the family's assets after two neurologists determined he was suffering from dementia, according to a person close to the Sterling family. USA Today Sports

George Postolos, former president and CEO of the Houston Rockets, said the sale, if approved by three-quarters of the NBA's owners, would provide relief to Commissioner Adam Silver, enrich the Sterlings beyond most expectations and, potentially, end a five-week spectacle. "It's a positive outcome for the league and a good financial outcome for the Sterlings," Postolos said. "And they can get this story off the front page, which I think would be good for everybody." USA Today Sports

Strategically, the contradictory behavior makes sense, according to Marc Ganis, a leading sports consultant who in 2012 advised NFL owner Tom Benson on the purchase of the New Orleans Pelicans. Ganis said there's a reason Ballmer, former chief executive of Microsoft, offered to pay almost four times more for the Clipppers than Forbes estimates the team is worth. Ganis said he was not surprised by Sterling's shifting positions — especially his "no-sale" stance during the 48 hours before Ballmer made the staggering bid. "The best way to get a higher price is to say something is not for sale," Ganis said. "That's the most tried and true way to get a higher price." USA Today Sports

He defended the $2-billion price tag, which was nearly four times more than the previous record sale of an NBA club. He said that he paid for what the team can become in the future. "I've got big dreams for the team. I'd love to win a championship. I'd love the Clippers to be the most dynamic, vibrant team and name in professional sports. But I got a lot to learn," he said. Los Angeles Times

May 30, 2014 Updates
May 27, 2014 Updates
May 26, 2014 Updates

Shelly Sterling has received inquiries from at least six serious bidders for the Los Angeles Clippers, sources told ESPN on Sunday. Shelly Sterling reached an agreement with her estranged husband, Donald Sterling, to negotiate a sale of the franchise after he was banned for life and fined $2.5 million by NBA commissioner Adam Silver on April 29. ESPN.com

Another potential ownership group consists of former NBA All-Star Grant Hill and billionaire investors and longtime Southern California residents Tony Ressler and Bruce Karsh. Sources told ESPN.com that Hill's group is already regarded by league officials as a viable contender for the Clippers. ESPN.com

May 23, 2014 Updates

Our sources say Shelly and her lawyer, Pierce O'Donnell, have been secretly meeting with NBA Commissioner Adam Silver and NBA lawyers to "resolve the dispute amicably." We're told Shelly realizes the NBA wants the team sold, but she has significantly more leverage and credibility with the league than Donald. Her end game is simple -- she won't object to the sale, but SHE wants to call the shots. TMZ.com

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