Donald Sterling Rumors
Former Clippers owner Donald Sterling’s legal fight with the NBA over the $2 billion sale of the team has ended as both sides have settled the dispute. The Los Angeles Times, citing Sterling attorney Bobby Samini, first reported the agreement Friday. “Donald is pleased with the outcome and is looking forward to focusing on future endeavors,” Samini wrote in an email to the Times.
Ousted Los Angeles Clippers owner Donald Sterling has reached an agreement to settle his protracted legal battle with the NBA, Sterling’s lawyer confirmed to USA TODAY Sports on Friday. Sterling filed lawsuits in federal and California state courts over the forced sale of the Clippers after he was caught on tape making racially insensitive comments. The NBA also banned Sterling for life and fined Sterling $2.5 million in April 2014, weeks after the audio surfaced. “The dispute between Donald Sterling and the NBA has been resolved,” Bobby Samini, Sterling’s lawyer, told USA TODAY Sports in an email. “Donald is pleased with the outcome and wishes the best for the league and the Clippers. Samini said he couldn’t release the terms of the settlement.
Former Los Angeles Clippers owner Donald Sterling is appealing the dismissal of his $600 million antitrust lawsuit against the NBA and his wife, Shelly Sterling. The filing, with the U.S. Court of Appeals for the Ninth Circuit, comes one month after U.S. District Judge Fernando M. Olguin ruled against Sterling. Olguin said in his decision that he was “skeptical Sterling suffered any injury at all, let alone an antitrust injury” by the sale of the team for $2 billion to ex-Microsoft CEO Steve Ballmer and called other parts of the lawsuit implausible.
Steve Ballmer is the world’s richest sports team owner with a net worth of $23.5 billion. The longtime CEO of Microsoft MSFT -0.82%, who left the company in 2014, paid $2 billion for the Los Angeles Clippers in 2014 when the NBA forced the sale of the team after racist statements made by then-owner Donald Sterling. It was 3 ½ times the previous record sale price for an NBA franchise.