NBA News: Donald Sterling Plans To Sue NBA For $1 Billion
By Lou Ramon Aguila | May 31, 2014 2:09 PM EST
Former Los Angeles Clippers owner Donald Sterling is planning to sue the NBA for a whooping $1 billion after allegedly being forced to sell his basketball franchise, a source close to situation reported on Friday.
According to a report by NBC News, Sterling is planning to file his case asking the National Basketball Association to pay him roughly $1 billion in damages for being forced to relinquish control of the Clippers.
"Embattled Los Angeles Clippers owner Donald Sterling is planning to sue the league after he was forced to relinquish control of the team, NBC News has learned. A source close to Sterling says that he will file a lawsuit this afternoon seeking damages in excess of $1 billion," NBC News reported on Friday.
Sterling's legal action came after former Microsoft CEO Steve Ballmer reportedly agreed in principle with Shelly Sterling to buy the Clippers for $2 billion, making it the biggest sale in the history of the NBA.
"Ballmer negotiated the purchase with Sterling's wife, Shelly. ESPN reported Thursday that Shelly was granted the authority to sell the team after experts declared Donald mentally incapacitated," NBC News stated.
To contact the editor, e-mail:
Join the Conversation
- Roger Federer Hailed Swiss Sportsman Of The Year, Beating Stan Wawrinka
- Floyd Mayweather Jr On Manny Pacquiao: 'He Must Know He's Not Going To Win
- Hoax Alert: Floyd Mayweather Didn’t Die Of Drug Overdose
- NFL News: Chicago Bears Likely To Fire Head Coach Marc Trestman At End Of NFL Season
- NBA Trade Discussions ‘Tremendous’; 10 Teams Including Rockets, Clippers and Hornets Active For Probable Deals—NBA Insider