The disgraced co-owner of the Los Angeles Clippers will end his fight to keep the team and allow a sale to former Microsoft CEP Steve Ballmer.
Los Angeles Clippers owner Donald Sterling ©, his wife Shelly (L) and actor George Segal in Los Angeles, December 22, 2008.
Danny Moloshok / Reuters / Reuters
Donald Sterling has ended his on-again, off-again fight to keep the Los Angeles Clippers.
Two of Sterling's attorneys confirmed to BuzzFeed Wednesday that the sale of the team to former Microsoft CEO Steve Ballmer would now move forward. In a statement provided to BuzzFeed, attorney Bobby Samini also said Sterling and his wife Shelly Sterling have resolved "all disputes and outstanding issues."
Shelly orchestrated the sale last week. Ballmer will pay $2 billion for the Clippers.
Donald filed a lawsuit against the NBA shortly after the sale was announced, indicating his intention to fight and efforts to force him out of the NBA. He was seeking $1 billion in damages.
The case began after a recording of Donald making racist comments became public. The comments prompted the NBA to ban Sterling for life and fine him $2.5 million. The NBA also began a process to force Sterling to sell the team.
In his lawsuit, Sterling argued that the penalties were both unfair and violations of the NBA constitution.
This is a developing story. Check back soon for updates.
from BuzzFeed - Breaking http://ift.tt/1i2M13j
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