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Home Front: Culture Wars
Sterling walks away from LA Clippers with $2 Billion
2014-05-30

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

#7  Just looked at group G. Saved myself from 2 weeks of anticipation.
Posted by: swksvolFF   2014-05-30 21:54  

#6  What about Sterling's 1 billion dollar lawsuit against the NBA?
Posted by: 3dc   2014-05-30 19:25  

#5  Will they be in the World Cup next week? If so I can see overpaying. If not I dunno.
Posted by: Shipman   2014-05-30 17:48  

#4  The article goes on to state that Mrs. Sterling has/is attempting to have Mr. Sterling declared mentally incompetent.
Posted by: swksvolFF   2014-05-30 16:13  

#3  I am pretty certain Mrs Capsu would still whack me with the frying pan even if my mistress was considered my associate... She assures me I will feel the pan before I ever see it.
Posted by: Capsu78   2014-05-30 13:04  

#2  I very much doubt that without government subsidies the whole damn NBA would be worth 2 billion dollars.
Posted by: Thing From Snowy Mountain   2014-05-30 10:48  

#1  $575m before the race scandal. $2b after the race scandal. I smell a PR and business development advert firm with a 'reverse hustle' marketing plan.

Hat tip to the old bugger.
Posted by: Besoeker   2014-05-30 05:03  

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