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Sterling walks away from LA Clippers with $2 Billion

Sterling takes the 5th, laughs all the way to the bank. Thnx to a 20-something bimbeaux...
The frenzied battle to get the team from Sterling drove the franchise's price sky high for a team that Forbes estimated was worth at $575 million back in January.

The franchise has been in turmoil since owner Donald Sterling was recorded on tape by an associate making racist comments about Magic Johnson, among others.

In short order, NBA commissioner Adam Silver slammed Sterling with an unprecedented lifetime ban for his remarks, imposed a $2.5 million fine, and began the process to force a sale of the Clippers.

Posted by: badanov 2014-05-30
http://www.rantburg.com/poparticle.php?ID=392221