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Donald and Shelly Sterling Agree to Sell Clippers

6/17/2014

By Jordan Zakarin
TheWrap

After promising to fight the NBA, Donald and Shelly Sterling have reportedly agreed to sell the Los Angeles Clippers.

Also read:  NBA Officially Files Charges to Strip Donald Sterling of LA Clippers

According to ESPN and USA Today, Donald Sterling will voluntarily transfer his shares of the basketball team to his estranged wife, who will negotiate a forced sale of the team. The NBA's Board of Governors has scheduled a vote on June 3rd to force Donald Sterling to sell the club that he has owned since the early 1980s, after tapes in which he made remarkably racist comments to his assistant (and possibly girlfriend) surfaced on the internet.

See video:  Donald Sterling's Wife Calls the NBA Sexist in Interview With Savannah Guthrie

Shelly Sterling, who has a stake in the team as well, had also promised to fight to hold on to partial ownership. Reports say that she plans on trying to maintain a minority stake in the team, but the NBA is adamant about purging all Sterling connections to the franchise.

The post Donald and Shelly Sterling Agree to Sell Clippers appeared first on TheWrap.

Related stories from TheWrap:

Donald Sterling Refuses to Pay $2.5 Million Fine, Threatens to Sue NBA (Report)

Magic Johnson on Donald Sterling's Outrageous Comments: 'He's Living in the Stone Ages' (Video)

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