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June 4th, 2014
08:32 PM ET
Donald Sterling agrees to sell Los Angeles Clippers for $2B
(CNN) - Donald Sterling has agreed to the sale of the Los Angeles Clippers to former Microsoft CEO Steve Ballmer, Sterling's attorneys told CNN on Wednesday.
Last week, Sterling's estranged wife, Shelly, agreed to sell the franchise to Ballmer for an NBA record $2 billion. The Sterlings are co-owners of the team through a family trust.
Donald Sterling initially indicated he would fight the sale and filed a lawsuit against the National Basketball Association.
The suit has yet to be withdrawn, attorneys Bobby Samini and Maxwell Blecher, said, but that likely will happen this week.
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