Donald Sterling Agrees to Sell L.A. Clippers, Drop Lawsuit Against NBA
(LOS ANGELES) -- Los Angeles Clippers owner Donald Sterling has agreed to sell the team to former Microsoft CEO Steve Ballmer for $2 billion, according to his attorney.
“He’s agreed to the sale, and agreed to drop lawsuit. NBA has agreed to drop charges and not to sue him either,” attorney Maxwell M. Blecher said in a statement to KABC-TV.
Sterling’s wife, Shelly Sterling, negotiated the sale of the team to Ballmer last week.
NBA Commissioner Adam Silver handed down a lifetime ban to Sterling and fined him $2.5 million after a tape recording surfaced of Sterling making racist comments to a female friend, V. Stiviano.
Sterling has owned the Clippers since 1981.
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