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Embattled Los Angeles Clippers owner Donald Sterling filed a new lawsuit Tuesday as testimony continued in a probate trial on the validity of a $2 billion deal to sell the NBA team. A mess that began in April when recordings of Sterling making racist comments to his would-be girlfriend led to his being banned from the NBA for life by league commissioner Adam Silver, lingers on -- even as an ...
By Eric Kelsey LOS ANGELES (Reuters) - The Los Angeles Clippers could face an exodus of players, sponsors, fans and their coach if embattled owner Donald Sterling is still associated with the team, Richard Parsons, the franchise's interim chief executive, said on Tuesday at a trial over the NBA team's $2 billion sale. Parsons, the former Time Warner CEO who was installed by the NBA to run the ...
Los Angeles Clippers interim CEO Richard Parsons testified Tuesday that coach Doc Rivers told him he'll quit if Donald Sterling remains the owner of the team.
Dick Parsons, named interim head of the Los Angeles Clippers in May amid an outcry over racist comments by longtime owner Donald Sterling, said the $2 billion winning bid for the team is a "knock-out" price not likely to be matched in a forced sale. It will be "tough to get this price again," Parsons, the former chairman of Citigroup Inc. and Time Warner Inc. (TWX), told a judge who's deciding ...
Interim Clippers CEO Richard Parsons described the possible departure of Doc Rivers as "a disaster"
Coach Doc Rivers has said he'll resign from the Los Angeles Clippers if Donald Sterling remains owner, the team's interim CEO testified, saying such a move would be a "disaster" for the franchise. ...
By Eric Kelsey LOS ANGELES (Reuters) - Los Angeles Clippers owner Donald Sterling's bid to block the $2 billion sale of the NBA team in a probate trial entered its final stretch on Wednesday when his attorneys sought to prove his estranged wife improperly seized control of the franchise. Sterling's attorneys called only two witnesses during the emotionally charged trial that will determine ...
Interim team CEO Richard Parsons testifies in trial over right of Donald Sterling's wife to sell team; Donald files yet another lawsuit
Does valuation logic even matter when a coveted NBA franchise goes up for sale?
That news regarding the team
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