Donald Sterling


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Not a Mavs fan, just the rationale didn't make sense. Whatever the league has on him is enough to apprantly make him do an about face and seemingly roll over. They are anticipating that this whole selling of the team will be rather quick now with the release that his wife will negotiate the sale.

So what was Mark Cuban's rationale? I guess he was trying to open a dialogue concerning race relationship in this country.
 
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When has Cuban ever been rational?

I haven't kept up with Cuban in years, but I'm sure he appears to be an irrational person to a lot of people. I'm just wondering why he comes out and say what he said at this particular moment. The racist spotlight was on Donald Sterling not him. It seems to me that he might have also said some racially insensitive things in the past and he doesn't want his own words to come back and bite him in the butt like it did Donald Sterling, but that's just my RATIONAL opinion.
 
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NBA will still force sale of L.A. Clippers, rebuffs Sterlings' offer

Los Angeles (CNN) -- The National Basketball Association will proceed with a vote to force a sale of the Los Angeles Clippers, rebuffing an effort by co-owners Donald and Shelly Sterling to sell the franchise voluntarily, NBA spokesman Mike Bass said Friday.

"We continue to follow the process set forth in the NBA Constitution regarding termination of the current ownership interests in the Los Angeles Clippers and are proceeding toward a hearing on this matter on June 3," Bass said.

His announcement followed reports earlier Friday about how Donald and Shelly Sterling agreed to a voluntary sale of the NBA franchise as the league prepares a vote on a forced sale, according to a source familiar with the situation.

http://www.cnn.com/2014/05/23/us/donald-sterling-nba-clippers/index.html
 
Re: Alleged mistress: Sterling 'not a racist'

Report: $2.5+ Billion Offer Has Been Made to Buy the Clippers

Read more at http://blacksportsonline.com/home/2...made-to-buy-the-clippers/#yX900VKQcO8gKv5v.99

Donald Sterling says he is going to continue to fight to keep the Clippers. IMO, that $2.5 billion offer was a fake offer put out there by Sterling in order to jack up the price. I'm sure interesting parties, such as the Guggenheim Partners know the team is not worth that much. Donald Sterling will be lucky if he gets $1 billion dollars after the league give him the boot. And he has now retracted the deal to let his wife negotiate the sale of the team.

http://espn.go.com/los-angeles/nba/...ing-strongly-responds-nba-draconian-penalties
 
Re: Alleged mistress: Sterling 'not a racist'

Donald Sterling says he is going to continue to fight to keep the Clippers. IMO, that $2.5 billion offer was a fake offer put out there by Sterling in order to jack up the price. I'm sure interesting parties, such as the Guggenheim Partners know the team is not worth that much. Donald Sterling will be lucky if he gets $1 billion dollars after the league give him the boot. And he has now retracted the deal to let his wife negotiate the sale of the team.

http://espn.go.com/los-angeles/nba/...ing-strongly-responds-nba-draconian-penalties

Not a surprise
 
Re: Alleged mistress: Sterling 'not a racist'

Donald Sterling says he is going to continue to fight to keep the Clippers. IMO, that $2.5 billion offer was a fake offer put out there by Sterling in order to jack up the price. I'm sure interesting parties, such as the Guggenheim Partners know the team is not worth that much. Donald Sterling will be lucky if he gets $1 billion dollars after the league give him the boot. And he has now retracted the deal to let his wife negotiate the sale of the team.

http://espn.go.com/los-angeles/nba/...ing-strongly-responds-nba-draconian-penalties

And to give him the basis for a case if he gets less than +2.5 billion from the NBA sale of the team. You have to admit it was a pretty shrewd move. I tried to tell y'all he wasn't going away without a fight.
 
Re: Alleged mistress: Sterling 'not a racist'

And to give him the basis for a case if he gets less than +2.5 billion from the NBA sale of the team. You have to admit it was a pretty shrewd move. I tried to tell y'all he wasn't going away without a fight.

You do realize this professional con artist/hustler is not trying to con or hustle Blacks and Latinos or people who do not have the funds to fight back. He knows the NBA will give him the boot come June 3rd and he is trying to make a huge profit on a team that's not worth $2.5 billion plus. Interesting parties with that kind of money are not crazy enough to give Donald Sterling $2.5 billion plus for a team that is worth approximately $1 billion dollars at the most. Once he is booted from the NBA, a true market value of the Clippers will be set as the low bid and the NBA will have the final say on who owns the team. Also, Donald Sterling have no proof that his team is worth $2.5 billion plus other than what was published in some article.
 
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Re: Alleged mistress: Sterling 'not a racist'

Microsoft CEO Steve Ballman to buy Clippers for $2 billion dollars:

http://sports.yahoo.com/blogs/nba-b...pers-for-nba-record--2-billion-234227311.html

Listening to Sterling's attorney, I do believe he is trying to clear his name as a racist with the NBA in case there are a few racial & housing discrimination suits filed against him after the team is sold.

<iframe width='416' height='234' src='http://www.cnn.com/video/api/embed.html#/video/topvideos/2014/05/29/tsr-intv-sterling-lawyer-max-blecher.cnn' frameborder='0'></iframe>
 
Re: Alleged mistress: Sterling 'not a racist'

Los Angeles Clippers sale: Donald Sterling found mentally incapacitated, clearing way for deal with Steve Ballmer

The Sterling family trust has signed an agreement to sell the Los Angeles Clippers to former Microsoft chief executive Steve Ballmer for $2 billion, sources told ESPN's Ramona Shelburne.

The agreement was signed Thursday and was sent straight to the NBA for final approval, sources said.

Banned Clippers owner Donald Sterling, 80, recently was found by experts to be mentally incapacitated, allowing his wife, Shelly Sterling, to become the sole trustee and giving her the power to deal directly with Ballmer under guidelines previously established in the Sterling family trust, sources told Shelburne and ESPN's Darren Rovell. The rules of the trust did not require a court hearing first to declare Donald Sterling is in that state.
http://espn.go.com/los-angeles/nba/...ts-winning-bid-buy-clippers-according-sources
 
Re: Alleged mistress: Sterling 'not a racist'

They done got over again.......

How? He was going to get richer anyway with the sale. Ballmer just wanted the team so bad he was willing to spend. Sterling is already a Billionaire. Him getting paid was going to happen no matter how much of a racist he is. He ain't the first one to get paid and will not be the last. He just got outed is all. Neither him or his wife can take that money with them no matter how much it is. So whomever are their heirs are the ones who are salivating. LOL. They know both Sterlings have a limited time left alive.

Look at Rush Limbaugh and his hateful ways. He is getting PAID in full. Nothing new. A lot of RICH Bad people and some of them got rich by being BAD people. The way of the world unfortunately.
 
Re: Alleged mistress: Sterling 'not a racist'

It's going to be interesting to see what kind of backlash, now or in the future that Cuban gets from his stance.

Which appearing now to clearly he would have not voted Sterling out.
 



Re: Alleged mistress: Sterling 'not a racist'

How? He was going to get richer anyway with the sale. Ballmer just wanted the team so bad he was willing to spend. Sterling is already a Billionaire. Him getting paid was going to happen no matter how much of a racist he is. He ain't the first one to get paid and will not be the last. He just got outed is all. Neither him or his wife can take that money with them no matter how much it is. So whomever are their heirs are the ones who are salivating. LOL. They know both Sterlings have a limited time left alive.

Look at Rush Limbaugh and his hateful ways. He is getting PAID in full. Nothing new. A lot of RICH Bad people and some of them got rich by being BAD people. The way of the world unfortunately.

Like Anderson Cooper said, Sterling is about to get paid $2 billion dollars for his team, which is a huge profit, he can make several amends by donating some back to Black charity organizations as long as it is not the Los Angeles Chapter of the NAACP. IMO, Sterling is not donating anything, but I do hope there will be several housing discrimination lawsuits in the works to at least take some of that from him. Capital gains taxes would probably take $400 to $500 million away from that $2 billion.
 
Re: Alleged mistress: Sterling 'not a racist'

Los Angeles Clippers sale: Donald Sterling found mentally incapacitated, clearing way for deal with Steve Ballmer

The Sterling family trust has signed an agreement to sell the Los Angeles Clippers to former Microsoft chief executive Steve Ballmer for $2 billion, sources told ESPN's Ramona Shelburne.

The agreement was signed Thursday and was sent straight to the NBA for final approval, sources said.

Banned Clippers owner Donald Sterling, 80, recently was found by experts to be mentally incapacitated, allowing his wife, Shelly Sterling, to become the sole trustee and giving her the power to deal directly with Ballmer under guidelines previously established in the Sterling family trust, sources told Shelburne and ESPN's Darren Rovell. The rules of the trust did not require a court hearing first to declare Donald Sterling is in that state.
http://espn.go.com/los-angeles/nba/...ts-winning-bid-buy-clippers-according-sources

I saw where Magic's partners put in a bid for $1.6 billion. I guess $2 billion was too much for them to give to Sterling.
 
Re: Alleged mistress: Sterling 'not a racist'

And to give him the basis for a case if he gets less than +2.5 billion from the NBA sale of the team. You have to admit it was a pretty shrewd move. I tried to tell y'all he wasn't going away without a fight.

Did you honestly think this was going to be a long drawn out fight? The only surprising thing to me is the $2 billion dollars former Microsoft CEO Steve Ballman is willing to pay for his team. Sterling has now hired Maxwell Blecher as his attorney to get the NBA to retract that his racist comments were the sole basis for the league to kick him out, just in case there are several discrimination lawsuits to follow, particular housing discrimination lawsuits.
 
Re: Alleged mistress: Sterling 'not a racist'

The dude bought the team for 12 million and is about to make 2 billion off of them lol. Folks are on the sidelines like good he has to sell the team but he's about to make a killing off of it. Hell he wins either way.
 
Re: Alleged mistress: Sterling 'not a racist'

The dude bought the team for 12 million and is about to make 2 billion off of them lol. Folks are on the sidelines like good he has to sell the team but he's about to make a killing off of it. Hell he wins either way.

Depending upon what is to follow. With capital gains taxes taking $500 million of that $2 billion, he might have to give up another $500 million in discrimination lawsuits. I'm sure the vulture lawyers in Los Angeles are flying around every rental property he owns in Los Angeles. Although his current and former rental tenants might not get much in a settlement, but his lawyer and other lawyers are not cheap in Los Angeles. I would have love to have known what was in that 39 page letter his attorney sent to the NBA.
 
Re: Alleged mistress: Sterling 'not a racist'

$500 million in housing discrimination lawsuits? Come on now bruh.
 
Re: Alleged mistress: Sterling 'not a racist'

$500 million in housing discrimination lawsuits? Come on now bruh.

I'm sure attorneys can find at least 10,000 individuals that have rented and are renting from him. A settlement of $500 million is like $50k per renter not including attorney fees. Therefore, it is quite possible he would have to pay $500 million or more if a ton of lawsuits are filed.
 
Re: Alleged mistress: Sterling 'not a racist'

The dude bought the team for 12 million and is about to make 2 billion off of them lol. Folks are on the sidelines like good he has to sell the team but he's about to make a killing off of it. Hell he wins either way.

Nah. He is already a Billionaire. So he has more money than he could ever spend. Plus he is stingy anyway. What he enjoyed was being a celebrity and being courtside and all that comes with being an owner. He is now not welcomed to NBA games. He is still banned. Folks who are his friends can't publicly say they are. So they will not be seen with him in fear of backlash of them being called racist. His heirs win. They just got more money added to their inheritance. Sterling and his wife can't spend the money they already have. So this just makes their kids or whomever is waiting for them to die, to start thinking of a way to get their hands on the money. LOL.
 
Re: Alleged mistress: Sterling 'not a racist'

Nah. He is already a Billionaire. So he has more money than he could ever spend. Plus he is stingy anyway. What he enjoyed was being a celebrity and being courtside and all that comes with being an owner. He is now not welcomed to NBA games. He is still banned. Folks who are his friends can't publicly say they are. So they will not be seen with him in fear of backlash of them being called racist. His heirs win. They just got more money added to their inheritance. Sterling and his wife can't spend the money they already have. So this just makes their kids or whomever is waiting for them to die, to start thinking of a way to get their hands on the money. LOL.

Plus, since the NBA is dictating that he no longer can own the team, this makes him feel powerless probably for the first time in his life and the worst thing a rich White-Jewish (oxymoron) person would want to feel is powerless, no matter how much money they have.
 
CNN is now reporting that two independent doctors have reported that Donald Sterling is mentally incapacitated, which gives his wife sole responsibility over his estate.
 
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