• Report: Donald Sterling Declared “Mentally Incapacitated”

    Summary of 9 articles · Updated May 30, 2014
    Espn has learned that experts had declared Donald Sterling mentally incapacitated, leaving Shelly as sole trustee & power to sell the team Ramona Shelburne May 30, 2014 According to ESPN.com’s Ramona Shelburne, Donald was declared “mentally incapacitated” under the terms of the trust to own the team and was forced to cede all power to Shelly for the sale. That fight was temporarily derailed this week after he was found by experts to be mentally incapacitated, paving the way for Shelly to become the sole trustee of the Sterling family trust and empowering her to work on an agreement to sell the team to Ballmer. Mrs. Sterling and the Trust also agreed not to sue the NBA and to indemnify the NBA against lawsuits from others, including from Donald Sterling. It was supposed to be a long slog through court proceedings to get disgraced Clippers owner Donald Sterling to relinquish his team, but last night co-owner and wife Shelly Sterling revealed they’d accepted a $2 billion bid from former Microsoft CEO Steve Ballmer. "The [termination] charges in the lawsuit are an invasion of his constitutional rights, violation of anti-trust laws, breach of fiduciary duty and breach of contract," Donald Sterling's attorney, Max Blecher, told Shelburne. The banned Los Angeles Clippers owner is filing a $1 billion lawsuit against the NBA, his lawyer confirmed to ESPN.com's Ramona Shelburne on Friday, one day after his wife, Shelly, accepted a $2 billion bid from former Microsoft CEO Steve Ballmer to buy the team.
    Source: dimemag.com
    • Shelly Sterling Will Protect NBA From Donald Sterling Lawsuit

      Look, Shelly Sterling is not the good guy. She's up to her shoulder-pads in court-sworn evidence from discrimination lawsuits, near as much as Donald. But this is an O.G. move. According to ESPN, Donald Sterling's estranged wife has agreed to indemnify …
      Source: deadspin.com
    • Report: Dementia kept Sterling out of Clippers sale

      A person close to the Sterling family says Donald Sterling was stripped of his ability to act as a trustee of the family's fortunes, including the Los Angeles Clippers, after two neurologists determined he was suffering from dementia.
      Source: nba.com
    • NBA cancels Sterling hearing, owners to vote on sale

      The NBA has called off a hearing to oust embattled Los Angeles Clippers co-owner Donald Sterling in advance of a vote on a potentially record-breaking deal negotiated by his wife Shelly Sterling to sell the team to former Microsoft CEO Steve Ballmer for…
      Source: nba.com
    • NBA, Sterling family trust announce settlement

      The NBA, Shelly Sterling and the Sterling Family Trust today resolved their dispute over the ownership of the Los Angeles Clippers. Under the agreement, the Clippers will be sold to Steve Ballmer, pending approval by the NBA Board of Governors, and the …
      Source: nba.com
    • D. Sterling files $1 billion lawsuit against NBA

      Donald Sterling is filing a $1 billion lawsuit against the NBA, his lawyer confirmed to ESPN.com's Ramona Shelburne on Friday, one day after his wife, Shelly, accepted a $2 billion bid from former Microsoft CEO Steve Ballmer to buy the Clippers.
      Source: ESPN.com
    • Donald Sterling To Sue NBA

      As first reported by NBC News, Donald Sterling will file a lawsuit against the NBA for forcing a sale of the Clippers, and he'll reportedly seek more than $1 billion in damages. ESPN's Ramona Shelburne adds that Sterling is still deciding whether to sue…
      Source: deadspin.com
    • Report: Donald Sterling has been diagnosed with Alzheimer's disease

      Early on Friday morning, the wife of Donald Sterling – one Rochelle “Shelly” Sterling – sent out a press release confirming she had come to an agreement with former Microsoft CEO Steve Ballmer to sell Ballmer the Los Angeles Clippers for $2 billion. The…
      Source: yahoo.com

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