facebook
twitter
rss
account
search
search
 

Sterling drops lawsuit, agrees to sale

June 4, 2014 at 7:07 PM   |   Comments

| License Photo
Donald Sterling has given up his fight against the NBA.

Sterling has dropped his $1 billion lawsuit against the NBA and agreed to sign off on the sale of the Los Angeles Clippers to former Microsoft CEO Steve Ballmer, according to a statement released Wednesday to NBC News by one of Sterling's attorneys.

The statement from attorney Bobby Samini says the Sterlings have agreed to sell to Ballmer for $2 billion "and various additional benefits."

"All disputes and outstanding issues have been resolved," Samini says.

Sterling's estranged wife and co-owner, Shelly, has agreed to the sale last week and the NBA approved it on Friday.

The league banned Donald Sterling for life and fined him $2.5 million last month over secretly taped racist comments and said it would encourage the league's other owners to force him to sell the team he bought in 1981.

More to follow...

[SportsNetwork.com]

Most Popular
1
Eric Decker asks why people are Jets fans, gets predictable response Eric Decker asks why people are Jets fans, gets predictable response
2
Westbrook leaves with hand injury
3
Niners shoot for sweep of Rams
4
Turnarounds highlight the new FCS coaches
5
NBC to continue broadcast of Breeders' Cup
Trending News
Around the Web
x
Feedback