2014 Matrix Awards - Inside

Former Citigroup chairman Richard Parsons named interim CEO of Clippers


The long-range future of the Clippers is murky — the other owners are starting the process to force a sale of the team, while both Donald and Shelly Sterling separately plan to fight that plan — but the short term picture got a little more clear.

Richard Parsons, the former Citigroup chairman and Time Warner CEO, has been appointed the interim CEO of the Los Angeles Clippers, the league has announced.

“I believe the hiring of Dick Parsons will bring extraordinary leadership and immediate stability to the Clippers organization,” NBA Commissioner Adam Silver said in a released statement. “Dick’s credentials as a proven chief executive speak for themselves and I am extremely grateful he accepted this responsibility.”

“Like most Americans, I have been deeply troubled by the pain the Clippers’ team, fans and partners have endured,” said Parsons in a statement released through the league. “A lifelong fan of the NBA, I am firmly committed to the values and principles it is defending, and I completely support Adam’s leadership in navigating the challenges facing the team and the league. The Clippers are a resilient organization with a brilliant coach and equally talented and dedicated athletes and staff who have demonstrated great strength of character during a time of adversity. I am honored to be asked to work with them, build on their values and accomplishments, and help them open a new, inspiring era for their team.”

After racist remarks by Sterling were released on a recording the Clippers faced serious ramifications — multiple sponsors (some of the NBA’s biggest) pulled their association with the Clippers, plus the players were threatening to boycott a playoff game (not just the Clippers but also the Golden State Warriors).

In a decision that was a combination of justified moral outrage and smart business move, Silver responded by banning Donald Sterling for life, fining him $2.5 million and starting the process with the other league owners to force a sale of the team. The league also forced long-time Sterling associate and team president Andy Roeser to step aside.

Parsons, an African-American, steps into that vacuum and will oversee the operation (primarily the business side; he is not going to be making basketball decisions –that power remains with Doc Rivers mostly). Parsons is currently a senior advisor at Providence Equity Partners, sits on the board of directors for the Commission on Presidential Debates, and has served as a member of President Barack Obama’s economic advisory team.

He will stay in this position until the ownership situation is settled, something likely headed to the courts after the owners vote out Donald Sterling. Complicating matters, Donald owns the team 50-50 in a trust with his wife Shelly. Also, Donald is currently battling cancer, according to reports. Shelly is apparently good with this hire.

Dwight Howard played through torn MCL and meniscus in playoffs

Dwight Howard
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Dwight Howard hasn’t exactly been healthy in recent years. He missed half of last season with various injuries, including a two-month stretch from January to March after undergoing a knee procedure. On Thursday, he told a Houston radio station that the knee problems continued after that, and he had torn ligaments and cartilage during the Rockets’ Western Conference Finals series against the Warriors:

It’s a little alarming that we didn’t hear about this until now. Sometimes these injuries can heal without surgery, but Howard can become a free agent next summer, so you would think he would want to get any lingering issues addressed ahead of time. Considering his age (he’ll be 30 in December) and his injury history, this isn’t a great sign. A healthy Howard is the difference between the Rockets being a legitimate title contender and an als0-ran, so hopefully these problems are behind him and he can stay healthy this season.

Report: Trevor Booker suspended one game for Hibbert altercation

Trevor Booker
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On Tuesday night, Jazz big man Trevor Booker was ejected from a preseason game against the Lakers for taking a swing at Roy Hibbert during a scrap.

Now, Yahoo’s Adrian Wojnarowski reports that Booker will be suspended one game for the hit, meaning he’ll miss the Jazz’ October 28 season opener against the Pistons:

Considering he was already ejected, a one-game suspension seems about right.