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Tag Archives | Shelly Sterling

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Judge rules against Donald Sterling, Clippers deal to move forward

The NBA is high-fiving a ruling by Los Angeles Superior Court Judge Michael Levanas clearing the way for that $2 billion dollar Clippers deal to move forward. Judge Levanas decision yesterday gives a huge victory to Shelly Sterling. In the probate trial, Donald Sterling claimed his estranged wife had defrauded him by taking control of the Sterling Trust and negotiating that multi-billion dollar agreement with former Microsoft executive Steve Ballmer. Will the litigious embattled owner of the Clippers step aside gracefully now? Probably not, but the judge’s... Read More →

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Los Angeles Clippers sold for $2 billion?

Another shocking development in the Los Angeles Clippers/Donald Sterling saga tonight.  ESPN is reporting there is now an agreement between the Sterling Family Trust and  billionaire businessman Steve Ballmer. The former CEO of Microsoft  apparently has won the bidding war for the Clippers with an offer of $2 billion. Yes, that’s billion with a “b”.  Ballmer is worth at least $20 billion, according to Forbes. Also other media, including the L.A. Times,  are saying Ballmer has come out on top in the fight... Read More →

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