• CFO: Sterling can't pay debt without Clippers sale

    Summary of 21 articles · Updated Jul 25, 2014
    Source: nba.com
    • Chris Paul has talked to Doc Rivers about boycott if Donald Sterling still owns Clippers next season

      Terming it "unacceptable" for Donald Sterling to maintain ownership of the Los Angeles Clippers as a court case over the future of the franchise nears its conclusion, All-Star point guard and National Basketball Player's Association president …
    • Shelly Sterling seeks appeal-proof ruling

      The attorneys for Shelly Sterling said Wednesday they will ask a judge to issue ruling allowing the $2 billion sale of the Clippers to former Microsoft CEO Steve Ballmer proceed despite pending lawsuits brought by Donald Sterling.
      Source: ESPN.com
    • Testimony ends in trial over $2B Clippers sale

      Testimony ended Wednesday in the trial to determine whether Donald Sterling's estranged wife can sell the Los Angeles Clippers in a proposed $2 billion deal with former Microsoft CEO Steve Ballmer.
      Source: nba.com
    • Clippers CEO: Sterling staying would be '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.
      Source: nba.com
    • Clippers CEO Richard Parsons says Doc Rivers wouldn't coach for Donald Sterling, who's filed another lawsuit

      Donald Sterling's argument for maintaining onwership of the Los Angeles Clippers looks increasingly questionable, if testimony from the court case to decide control of the Sterling Family Trust and the fate of the franchise are to be believed. Just one …
    • Sterling sues NBA, wife, others for damages

      Donald Sterling filed on Tuesday afternoon a suit in Superior Court seeking damages from the NBA, commissioner Adam Silver, his wife Shelly Sterling and the Clippers.
      Source: ESPN.com
    • Blazers' Robinson has surgery on thumb

      Los Angeles Clippers interim CEO Richard Parsons says coach Doc Rivers has told him he'll quit if Donald Sterling remains owner of the team.
      Source: nba.com
    • Donald Sterling might need Clippers sale to pay off loans, meets with Steve Ballmer

      As the court battle between Donald Sterling and his wife Shelly Sterling continues, the fate of the Los Angeles Clippers looks increasingly uncertain. Two weeks ago, we saw the beginning of the case to decide control of the Sterling Family Trust — which…
      Source: yahoo.com
    • CFO Of Sterling Trust Says Clippers Sale Necessary To Pay Off Loans

      When Donald Sterling dissolved the Sterling Family Trust, the entity that ran the Clippers, he was trying to prevent the sale of the team to Steve Ballmer. It's pretty simple: if the trust did not exist, it couldn't sell anything to anyone. Only, it mig…
      Source: deadspin.com
    • Sterling real-estate empire at risk, CFO says

      The chief financial officer of Donald Sterling's properties said Monday that the billionaire may be forced to sell a large portion of his real estate empire to cover $500 million in loans if he persists in refusing to sell the Los Angeles Clippers for $…
      Source: ESPN.com
    • Report: Sterling, Ballmer Have “Friendly Conversation”

      Despite a five-week offseason that’s already been more exciting and financially fruitful than any in recent memory, the black cloud of Donald Sterling still hangs over the NBA landscape. The disgraced Los Angeles Clippers owner has been legally fighting…

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