Donald Sterling to Sue the NBA (P. 2)

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FightOnRon
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Where MArk Walter goes,Magic is not far behind (think Dodgers, Sparks)

FightOnRon
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Easy to do if you're a vampire or a zombie. Trouble is when you save your 2 1/2 billion,in 130000 years that would probably be worth a penny in today's money.

worm
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I hope is not.

ClipperKyle32
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Multiple bids have been submitted for the Los Angeles Clippers and are now being reviewed by Shelly Sterling and her advisers. Shelly Sterling was previously given authority to sell the franchise by her husband Donald Sterling. Shelly....

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clipnasty
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Bill Simmons tweeted he has more info on the Clips sale that he will share on the pre-game show on now. Anyone watching?

Other tweets indicated purchase prices were only between 1 and 1.2 billion. Donald won't accept those.

CapsNClips
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ClipperDodger1214
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So in other words whoever gets the team, the sale won't be completed until the courts decide. Or does the $300 Million end it right now? This just keeps geeting confusing.

clipnasty
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I would hope that the $300 mil would be conditioned on them agreeing not to sue. Put $300 mil up front, non-refundable, show you are serious, then Sterlings will allow the sale to proceed and not sue.

ClipperKyle32
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CapsNClips
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I hope whoever buys our franchise also buys our amazing practice facility. Our players love it.

clipnasty
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CapsNClips wrote:

I hope whoever buys our franchise also buys our amazing practice facility. Our players love it.

No way they wouldn't. Way too much work to build a new one, and the new owners are not going to lease the facility form the Sterlings (as if the NBA would allow that).

CapsNClips
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ClipperKyle32
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I saw Magics group teamed up with Oprah,Ellison,and Geffen! THATS DYNAMITE RIGHT THERE! No Worries for Cap anymore Very Happy Very Happy :cry: I kinda want that TRIO of Oprah,Ellison,and Geffen! If Magic wants to....

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clipper*joe
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Shelly Sterling reviewing Clips bids

Initial bids for the Los Angeles Clippers have been submitted and are being reviewed by Shelly Sterling and her advisers, while sources with knowledge of the situation say bids were mostly in the $1 billion to $1.2 billion range.

http://espn.go.com/los-angeles/nba/stor ... ortscenter

BaadMaster
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Jim Buss would spit a brick with Phil and Magic as his enemies.

FightOnRon
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from NBC

http://www.nbclosangeles.com/news/sport ... 00071.html

Donald Sterling plans to sue the NBA on Friday, seeking damages in excess of $1 billion, a source close to the Clippers owner told NBC News.

The lawsuit, seeking damages in excess of $1 billion, will be filed Friday afternoon, the source told NBC News. Details regarding the claims were not immediately available.

The report comes a day after ex-Microsoft CEO Steve Ballmer announced he had agreed to buy the team for $2 billion. The NBA confirmed in a statement Friday that it has been notified of the proposed sale and said that the league is waiting for "necessary documentation" as owners prepare for a key meeting next week.

NBA owners are scheduled to vote Tuesday on whether to force a sale of the team.

The statement issued Friday did not provide details about the agreement.

"Commissioner (Adam) Silver has consistently said the preferred outcome to the Clippers proceeding would be a voluntary sale of the team," the statement said. "Shelly Sterling advised the NBA last night that an agreement had been reached with Steve Ballmer, and the NBA Advisory/Finance Committee met via conference call this morning to discuss these developments. We await the submission of necessary documentation from Mrs. Sterling. In the meantime, the June 3 special meeting of the NBA Board of Governors remains as scheduled."

An attorney for Sterling told NBC News that he has not agreed to sell the Clippers. A vote of three-fourths of the NBA's owners at next week's meeting would force a sale.

Sterling handed control of the team over to his estranged wife Shelly last week, allowing her to negotiate a deal.

FightOnRon
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I also heard on 570 this AM that 2 doctors have found Sterling to have the begging stages of Alzheimer's which would negate his control of the trust. Of course he would take that ruling to court too.

he is such an as**ole.

JQuick32
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FightOnRon
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wonder if he cares or wonders why he was voted the most hated man in the US,below the Beiber for crying out loud

FightOnRon
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JQuick32 wrote:
This MAx dude is going to get rich with all the billable hours for useless crap DTS is having him try and do

worm
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Next to the line to be sued is Magic and the rest of his gang the reporters who always maliciously maligned Mr.Sterling.lol

JQuick32
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Only this piece of **** would turn down a $2 billion payday that he "earned" for being a terrible person. And his lawyer is a piece of **** too.

JQuick32
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The NBA needs to hurry up and approve the sale ASAP before DTS can get an injunction.

worm
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Its all in the hands of NBA.

FightOnRon
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Then Clippers Topbuzz for not supporting him in his time of need.

david
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Donald Sterling does not seem to be at normal mental awareness and capacity. The doctors even declared him "mentally incapacitated". His lawyers may have something to do with all this lawsuit stuff trying to make extra money.

FightOnRon
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That's what I said. this Max dude will gladly run up his bill at probably 100 bucks an hour. Take the billionaire while you can.

clipper*joe
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JQuick32 wrote:

Only this piece of **** would turn down a $2 billion payday that he "earned" for being a terrible person. And his lawyer is a piece of **** too.

he didn't turn nothing down. The lawsuit has nothing to do with the sale of the team.

clipnasty
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$100 an hour? More like $1000. I am a fifth year attorney at a smaller firm and my hourly rate is $325. Big firm partners in big cities can charge over $1k an hour, this guy is at least going to be in the $5-600 range...

FightOnRon
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I did mean to type 1000 but dropped a zero,my fingers ain't what they used to be

FightOnRon
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So let's sum this up

  1. DTS has Alzheimer's

  2. DTS sues the NBA for disparaging his horrific name, doesn't like to be the most hated man in America

  3. Shelly pulled an end around a few weeks back to get him to doctors

  4. Shelly pulled the wild card of DTS being incapacitated so she can sell the team, didn't need his approval but wanted him to feel good about himself

  5. Rich guy buys team for an amount unfathomable

  6. Lawsuit against the NBA won't mean squat,sale is approved by NBA,needs vote of owners

  7. THE NEWEST: NBA cancel the meeting for next week because the team has been sold in their eyes

Is this it?

ClipsGForce
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"Mrs. Sterling and the Trust also agreed not to sue the NBA and to indemnify the NBA against lawsuits from others, including from Donald Sterling."

http://www.sbnation.com/nba/2014/5/30/5 ... nification

Interesting twist. So basically with indemnify, Shelly Sterling are protecting her assets and Donald is basically sueing himself. If he win, he still pay for the loss. What's point of this?

CapsNClips
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Technically this should be in the Non-Clipper thread area since Donald isn't our owner anymore.

Hellelujah!

laboy
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nba needs to counter sue him,how he has damaged the nba name..

sue him for 1mill per team..

and stop the sale...dissolve the team..have him lose everything..

then the nba can create a new team with the same players ,same coach,different arena and new owner..

then the nba pockets the price tag...

then they can afford to hire 10 refs per game...so the new team does not get punished by the calls in the playoffs..

worm
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We have a new owner and a great team why do you want to stop the sale and dissolve the team were on the right away path now.

SamMays
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If Sterling has Alzheimer's, he's had it for 30 years. We've heard from him a lot of late and he's the same ass he's always been.

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