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LA Clipper Owner: "Don't Bring Blacks To My Games"

 
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Benni View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Benni Quote  Post ReplyReply Direct Link To This Post Posted: May 23 2014 at 11:16am
Heard Arsenio Hall is interested in buying the Clippers.

Making it publically owned

Not sure how serious he is.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote bunzaveli Quote  Post ReplyReply Direct Link To This Post Posted: May 23 2014 at 11:28am
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Post Options Post Options   Thanks (0) Thanks(0)   Quote OoDles O Quote  Post ReplyReply Direct Link To This Post Posted: May 23 2014 at 11:34am
Originally posted by Benni Benni wrote:

Heard Arsenio Hall is interested in buying the Clippers.

Making it publically owned

Not sure how serious he is.

He might be thinking along the lines of the Green Bay Packers.
Also their might be an American Football team (soccer) thats run the same way… i think


Edited by OoDles O - May 23 2014 at 11:53am
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Post Options Post Options   Thanks (1) Thanks(1)   Quote Benni Quote  Post ReplyReply Direct Link To This Post Posted: May 24 2014 at 1:10am
Originally posted by OoDles O OoDles O wrote:

Originally posted by Benni Benni wrote:

Heard Arsenio Hall is interested in buying the Clippers.

Making it publically owned

Not sure how serious he is.


He might be thinking along the lines of the Green Bay Packers.
Also their might be an American Football team (soccer) thats run the same way… i think






Yes. I believe The GBP was mentioned.


I heard later today, that Sterling signed over his controlling interest in the Clippers to his wife so a sale could not be forced.
Don't know how that works since they are still legally married, and Calif is a 50/50 State.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote carolina cutie Quote  Post ReplyReply Direct Link To This Post Posted: May 24 2014 at 1:34am
^Lamp

It's definitely still a hot mess.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote bindy Quote  Post ReplyReply Direct Link To This Post Posted: May 24 2014 at 7:20pm
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Post Options Post Options   Thanks (0) Thanks(0)   Quote ms_wonderland Quote  Post ReplyReply Direct Link To This Post Posted: May 24 2014 at 8:21pm
So over mark Cuban...why couldn't he just stfu. Ruining shark tank, fcking bastard.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote sexyandfamous Quote  Post ReplyReply Direct Link To This Post Posted: May 30 2014 at 12:01am

Donald Sterling offered $2B from former Microsoft CEO Steve Ballmer to sell L.A. Clippers

Ballmer has won the bidding process by offering what would be the highest price ever paid for an NBA team. The previous high was $550 million to buy the Milwaukee Bucks. Donald Sterling and wife Shelly Sterling each own 50% of the Clippers. The sale requires Donald Sterling's approval.

NEW YORK DAILY NEWS
Published: Friday, May 30, 2014, 12:04 AM
Updated: Friday, May 30, 2014, 12:04 AM
NBA bigot Donald Sterling bought the Clippers for $12.5 million in 1981. Now hes been offered $2 billion to sell it. LUCY NICHOLSON/REUTERS NBA bigot Donald Sterling bought the Clippers for $12.5 million in 1981. Now he's been offered $2 billion to sell it.

Grime pays.

Donald Sterling, the basketball bigot, is on the verge of a $2 billion payday after a former Microsoft CEO made the stunning offer to buy the Los Angeles Clippers.

The proposal from Steve Ballmer sets the stage for what would be the highest price ever paid for an NBA team. The previous high was the $550 million doled out last month for the Milwaukee Bucks.

Sterling, 80, would need to approve the bid, according to the Los Angeles Times, which first reported the tentative deal. And three-fourths of the other 29 team owners and the NBA commissioner would also have to sign off on it. The latter moves are expected to be a layup.

The staggering offer could soon bring to a close a tumultuous chapter for the franchise that was thrust into national controversy after recordings surfaced last month of Sterling making racist comments about African-Americans.

Steve Ballmer, who’s worth a reported $20 billion, beat out bid by music titan David Geffen. Ville Mannikko/Bloomberg Steve Ballmer, who’s worth a reported $20 billion, beat out bid by music titan David Geffen.

Sterling chided gal pal V. Stiviano for posting an Instagram photo of herself and L.A. Lakers great Magic Johnson. Then he urged Stiviano, who is Mexican and black, not to bring blacks to Clippers games.

Johnson on Thursday welcomed Ballmer’s bid.

“Steve Ballmer owning the Clippers is a big win for the City of LA and all the people who live in the City of Angels!” he tweeted.

The Hall of Fame hoopster said Ballmer, 58, who is worth a reported $20 billion, would be a far different owner from Sterling.

“Steve Ballmer loves basketball, is a smart businessman & he’ll probably shake every fans hand outside the arena on opening night!” Johnson tweeted.

The chief exec for Microsoft for 14 years, Ballmer faced down stiff competition from local investment groups, including a consortium headed by music mogul David Geffen, which bid $1.6 billion, the paper said.

Shelly Sterling and husband Donald Sterling each own 50% of the Clippers. The team cannot be sold without Donalds approval. DANNY MOLOSHOK/REUTERS Shelly Sterling and husband Donald Sterling each own 50% of the Clippers. The team cannot be sold without Donald's approval.

Geffen’s group included fellow billionaire Oprah Winfrey, as well as executives from Chicago-based Guggenheim Partners, the owners of baseball’s Los Angeles Dodgers.

The possible deal was spearheaded by Sterling’s estranged wife Shelly, who owns 50% of the team.

It came through just five days before the NBA planned to hold a hearing that could have terminated the Sterling family’s ownership of the Clippers.

NBA Commissioner Adam Silver slammed Donald Sterling with an unprecedented lifetime ban for his remarks, imposed a $2.5 million fine, and ordered him to sell his franchise.

Donald Sterling made racist remarks toward black people in a conversation with V. Stiviano (pictured), his alleged mistress. The discussion was recorded and made public last month. Donald Sterling made racist remarks toward black people in a conversation with V. Stiviano (pictured), his alleged mistress. The discussion was recorded and made public last month.

Sterling reacted by saying it was “illegal” for the NBA to terminate his ownership. Now he stands to make a pretty penny. He paid $12.5 million for the Clippers in 1981.

Only the sale of the Dodgers in 2012 for $2.1 billion has racked up a higher price for a sports franchise in North America.

Ballmer’s offer was well over the reported value of the Clippers, which Forbes in January estimated to be about $575 million.

The Knicks had been the top NBA franchise, worth $1.4 billion, Forbes said.

But former Sacramento Kings owner Joe Maloof said Ballmer made a “tremendous” buy.

“He got a bargain. There’s nothing like sports franchises in the big cities. Steve did the right thing, even if he overpaid in the short term. Long term, it’s a smart play,” Maloof told Bloomberg news.

  Stephen Dunn/Getty Images Clippers fans are pleading for the racist owner to sell the team
It’s still not certain that Ballmer’s $2 billion bid will pass muster with the mercurial Sterling.A source with knowledge of the negotiations told the AP the banned NBA owner hadn’t participated in the frantic wheeling-and-dealing
“At the end of the day, he has to sign off on the final process. They’re not going to sell his 50% without him agreeing to it,” the source said.Donald Sterling’s attorney also told reporters Thursday night that it wasn’t going to happen.

“Sterling is not selling the team,” said his attorney, Bobby Samini.

“That’s his position. He’s not going to sell.”

With News Wire Services


Read more: http://www.nydailynews.com/sports/basketball/sterling-offered-2b-ex-microsoft-big-sell-clippers-article-1.1810898#ixzz33AiEEQRR
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Post Options Post Options   Thanks (1) Thanks(1)   Quote sexyandfamous Quote  Post ReplyReply Direct Link To This Post Posted: May 30 2014 at 12:02am
Posted May 30, 2014

Report: Donald Sterling ruled ‘mentally incapacitated,’ removed from power

Donald Sterling

A deal to sell the Clippers has reportedly been made without Donald Sterling’s consent. (Robyn Beck/AFP/Getty Images)

Clippers owner Donald Sterling was recently declared “mentally incapacitated” by experts, according to ESPN.com. ESPN.com’s Ramona Shelburne reports the disgraced Clippers owner was ruled mentally unfit to negotiate the sale of the team, leading his wife, Shelly, to be declared the sole trustee of the family’s trust. On Thursday, Microsoft CEO Steve Ballmer reportedly signed a $2 billion agreement to buy the Clippers from the Sterlings. The bid will be submitted to the NBA for final approval, but does not need confirmation from Donald Sterling due to his mental condition.

McCANN: NBA’s checklist before approving sale of Clippers

From Shelburne:

The signed deal with Ballmer still does not indicate a final sale of the Clippers. The league and its owners still have to approve the deal, and there is always a chance Donald Sterling challenges his wife’s decision in court.

RELATED: Poll declares Sterling the most hated man in America

SI.com’s Michael McCann reported Thursday that the NBA could fast track the sale of the Clippers if it has a “favorable impression” about a prospective owner. Ballmer would seem to fit the criteria, having made a record offer and being previously vetted by the NBA in an attempt to buy the Kings. McCann also reports that the league could postpone Tuesday’s owners meeting, which is set to hold a vote on the ousting of Clippers owner Donald Sterling. From McCann:

Sources tell SI.com that the NBA’s top priority is for ownership to be transferred, and the league would welcome the exchange occurring voluntarily. A voluntary transfer would avert a potentially contentious hearing next Tuesday and, more importantly, avert the potential of Sterling filing a costly and lengthy lawsuit against the NBA and its owners.

Sterling, 80, has owned the Clippers for 33 years, making him the NBA’s longest-tenured owner. But the NBA recently initiated a charge to terminate his ownership, outlining a list of actions that have have “damaged and continue to damage the NBA and its teams” while also listing off a series of negative impacts on the league. The NBA is taking issue with Sterling for the following reasons:

  • Disparaging African-Americans and minorities.
  • Directing a female acquaintance not to associate publicly with African-Americans or to bring African-Americans to Clippers games.
  • Criticizing African-Americans for not supporting their communities.

The first two items relate to comments made by Sterling to his girlfriend, V. Stiviano, in a private tape that was released by TMZ. The third item relates to comments made during an interview with CNN this month. The NBA is listing the following impacts of Sterling’s comments and behavior:

  • Significantly undermining the NBA’s efforts to promote diversity and inclusion.
  • Damaging the NBA’s relationship with its fans.
  • Harming NBA owners, players and Clippers team personnel.
  • Impairing the NBA’s relationship with marketing and merchandising partners, as well as with government and community leaders.


Edited by sexyandfamous - May 30 2014 at 12:03am
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Post Options Post Options   Thanks (3) Thanks(3)   Quote afrokock Quote  Post ReplyReply Direct Link To This Post Posted: May 30 2014 at 2:05am
Those Jews are working overtime I tell ya

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