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The suit has yet to be withdrawn, attorneys Bobby Samini and Maxwell Blecher, said, but that likely will happen this week.
L.A. Clippers sold to Steve Ballmer for $2B
(CNN) - Los Angeles Clippers co-owner Donald Sterling made clear he wasn't going away Friday, suing the NBA for more than $1 billion for its decision to ban him for life and force him to sell the franchise.
The lawsuit - which was provided to CNN by Sterling's lawyer and wasn't unexpected - marks the latest twist in a case that began last month when TMZ posted a recording in which Sterling made a racist comments. It also comes amid fresh questions about the 80-year-old's mental state, which itself raises the issue of how much control he has or should have with the Clipppers.
Among other allegations, Sterling's camp claims in its lawsuit that the recording that spawned this scandal - and that recording, it says, is the sole base of the NBA charges against him - is against California law and that Sterling never violated the NBA's constitution.
The lawsuit also states that "the forced sale of the Los Angeles Clippers threatens not only to produce a lower price than a non-forced sale, but more importantly, it injures competition and forces antitrust injury by making the ... market unresponsive to ... the operation of the free market."
The war of words between Sterling and Magic Johnson: He's not a good role model
In an exclusive interview with Anderson Cooper, NBA Hall-of-Famer Magic Johnson responds to the Donald Sterling scandal.
Magic Johnson in CNN exclusive: I won't hold a grudge against Donald Sterling
This comes after Sterling's shocking sit-down interview with CNN, in which Sterling calls Johnson a bad role model, and shames him for sleeping around and being HIV positive.
Jason Carroll is OutFront with more on the bad blood between the two men.
Friends: V. Stiviano is "attention-seeking, above all else"
Tonight we're also hearing from women claiming to be V. Stiviano's friends.
They tell CNN it wouldn't surprise them if that secret recording was all part of Stiviano's plan to make it big in Hollywood. Kyung Lah is OutFront with more.
Donald Sterling's alleged excuse for racist rant: 'I'm trying to have sex with her'
The NBA has named a new CEO of the Los Angeles Clippers - former Time Warner and Citigroup chairman Richard Parsons.
He tells CNN "this is actually a large and important issue not just for the Clippers or the NBA, but for the country in some way... I am happy to help... I love the game."
Donald Sterling purportedly says jealousy behind racist comments
In a yet another audio recording, Los Angeles Clippers owner Donald Sterling purportedly explains why he infamously told a his alleged mistress, V. Stiviano not to bring black people to his games: He was jealous that she was with black men.
CNN's Jason Carroll has the alleged recordings OutFront.
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