HoopsHype Donald Sterling rumors

August 3, 2014 Updates

Sterling never hid his infatuation with Stiviano, the personal assistant and caretaker he described as his lover. He stared at her. When they didn't sit together, he waved. To some in the Clippers organization, the relationship created deep concern. "People were worried because he was acting so erratically," said a Clippers employee who would speak about Sterling only if granted anonymity. "He would look across the court at her during games like he was a 12-year-old guy in love with his first crush." Los Angeles Times

Michael Selsman, a friend since 1962, recalled taking a proposal to Sterling. "Barney's is offering $15 million," Selsman remembered saying of the department store's bid to buy the building. "And he said, 'What would I do with another $15 million?.... Too much trouble. Tell them to forget it.'" Selsman said that was Sterling's standard response: "He was famous for saying, 'I buy. I never sell.'" Sterling's real estate acumen contrasts with reports by two doctors retained by Shelly Sterling in May. They claimed her husband is no longer competent to manage his business affairs, that he couldn't draw a clock or spell "world" backward and is in the early stages of Alzheimer's disease. That precipitated his removal as a trustee for the Sterling Family Trust, which owns the Clippers, and allowed his wife's rushed agreement to sell the team to Ballmer. Los Angeles Times

July 30, 2014 Updates

The meeting with Ballmer last Monday was the last, best chance for Donald Sterling to walk away with a shred of conciliation, or dignity. A settlement would have resurrected some shred of decorum. Even disgraced Dodgers owner Frank McCourt scored a photo op with Magic Johnson before exiting the stage. That was Sterling's option, but he had no use for it. Ballmer left the meeting after about an hour and a half and flew back to Seattle. Sterling instructed his lawyers to file a new lawsuit in the morning, this time alleging just about the only thing left to allege, that the shares of the corporation that owns the Clippers are in his name. It's a legal document that independent experts call laughable, and was a waste of time for everyone involved. ESPN.com

July 29, 2014 Updates

In fact, even as Shelly's attorneys were hailing judge Michael Levanas' ruling, they sounded less optimistic than Shelly about the chances of Donald standing down. She said he hoped he would drop two other lawsuits — one seeking $1 billion in damages from the NBA and another seeking to scuttle the sale of the team to former Microsoft CEO Steve Ballmer by arguing the agreement violated corporate law. The chances of that happening? Samini said Sterling gave no indication that he's ready to give up. "He never met a lawsuit he didn't like,'' said Pierce O'Donnell, one of Shelly's attorneys. "We hope at this point that Donald realizes he can't run out the clock forever.'' USA Today Sports

July 28, 2014 Updates

Shelly Sterling -- and the Los Angeles Clippers -- scored a clean sweep over Donald Sterling on Monday when a California judge issued a preliminary ruling that paves the way for the $2 billion sale of the team. Judge Michael Levanas handed down an "oral tentative statement decision" that affirmed Shelly Sterling had the authority to reach an agreement in May to sell the team to former Microsoft CEO Steve Ballmer, who has set an Aug. 15 deadline to complete the deal. The judge said he would review objections before issuing a written ruling. USA Today Sports

The Los Angeles Clippers players would consider a boycott if Donald Sterling remained the owner of the team at the start of the 2014 season, Matt Barnes confirmed on the Chris Mannix Show on Sunday night according to a transcript of the interview posted on the show’s Facebook page. Barnes’ comments echoed those made by Clippers guard Chris Paul last week. Paul told ESPN.com that he had spoken with Clippers coach Doc Rivers about sitting out if Sterling remained the team’s owner. On Sunday, Barnes said he thought it was realistic that the team would consider not playing next season. “We were very close to doing it last year in the middle of the playoffs, and it hadn’t really sunk in then. Now the full magnitude of what happened has sunk in. People feel very strong about what happened,” he said. “It would be unfortunate if it got to either of those situations but I do believe both are a possibility.” For The Win

July 25, 2014 Updates

Los Angeles Clippers point guard Chris Paul told ESPN.com that it's "unacceptable" if Donald Sterling is still the owner of the team when the season begins. Paul also said he has spoken to coach Doc Rivers about the possibility of sitting out if Sterling remains in control when the seasons starts in a little more than two months. "That's something me and Doc are both talking about," Paul said Thursday after coaching his AAU program, CP3. "Something has to happen, and something needs to happen soon -- sooner rather than later." ESPN.com

Interim Clippers CEO Dick Parsons testified earlier in the week in state court that Rivers told him on multiple occasions that he doesn't think he wants to continue coaching the team if Sterling remains in control of the franchise. "We're all going to talk about it," Paul said. "We're all definitely going to talk about it. Doc, Blake [Griffin], DJ [DeAndre Jordan]. It's unacceptable." ESPN.com

July 24, 2014 Updates

Amid all the unanswered questions who the Lakers will hire as their next head coach and when, two team sources strongly disputed that any delay stems from waiting out to see if Clippers coach Doc Rivers will become available because of embattled owner Donald Sterling prolonging a costly litigation battle. ESPN’s Bill Simmons and Jalen Rose each brought up that prospective theory on why the Lakers have gone three months without hiring a coach since Mike D’Antoni’s resignation on April 30. Clippers interim Chief executive Dick Parsons also testified in court Tuesday that Rivers does not want to continue to coach if Sterling still owns the team next season. Los Angeles Daily News

Drafts of the Los Angeles Clippers' sale bid book show exactly how much Steve Ballmer is willing to overpay for the team. The bid book was entered as an exhibit by Shelly Sterling's lawyers in a trial in California probate court to determine whether she should have the right to sell the team without her husband, Donald. ESPN.com

The book, called "Project Claret" so as not to give away on the cover sheet that these numbers are indeed the financials of the Clippers, reveals that the team is projected to finish the year with $62.3 million in revenues from ticket sales, $25.8 million from its local cable contract and $24.1 million in additional team revenue. The Clippers are also projected to receive $52.7 million on the season in shared national league revenue, according to the document. After taking away player payroll costs, total operating revenue for the 2013-14 season is projected to be $100 million. Valuation multiples are usually based on total revenues, so the $164.9 million before player costs are extracted equals more than 12 times less than the $2 billion sale price. ESPN.com

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