UPDATE: Former Microsoft CEO Steve Ballmer signs deal to buy Clippers for $2 billion

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UPDATE: Shelly Sterling has confirmed the sale through a press release. In it is the statement she could do that as the sole trustee of the Sterling Family Trust, confirming that she had Donald to sell the team.

“I am delighted that we are selling the team to Steve, who will be a terrific owner,” she said in a released statement. “We have worked for 33 years to build the Clippers into a premiere NBA franchise. I am confident Steve will take the team to new levels of success.”

Steve Ballmer also released a statement:

“I will be honored to have my name submitted to the NBA Board of Governors for approval as the next owner of the Los Angeles Clippers. I love basketball. And I intend to do everything in my power to ensure that the Clippers continue to win – and win big – in Los Angeles.”

7:10 pm: I have to start here: Do not assume just because an agreement was reached and papers signed that this is a done deal. Remember that Donald Sterling has talked about “fighting to the bloody end.” He could still attempt to kill the whole thing out of spite (or concerns about capital gains taxes).

But Donald told his wife Shelly Sterling to go ahead and find a buyer for the team, and she seems to have done that:

NBC has confirmed  with a source close to the negotiations that a deal was signed between the Sterling Family Trust and former Microsoft CEO Steve Balmer to buy the Clippers for $2 billion. That document is now being sent on to the NBA league office for review (and to start the approval process).

This news was broken by the Los Angeles Times and since confirmed. The Times had details on the other bidders.

A person with knowledge of the negotiations said the Geffen group bid $1.6 billion and Ressler at $1.2 billion.

David Geffen has now said to ESPN that his group — with Larry Ellison and Oprah Winfrey — have pulled out of the biding.

If $2 billion turns out the be the final sale price, that figure would blow the previous NBA franchise sale price record — $550 million for the Milwaukee Bucks just a few weeks ago — out of the water.

The NBA has reportedly said that if a completed sale agreement was in place before the Board of Governors meeting next Tuesday they likely would postpone the vote. At that meeting the other owners would conduct a hearing then vote on whether to strip Sterling of his ownership of the franchise in response to the backlash that followed his prejudiced comments on a recording released to TMZ, plus later in a CNN interview.

Having the Sterlings sell the Clippers is a cleaner process for the NBA.

Part of the sale agreement is that Ballmer not move the team to Seattle. Plus the Clippers have nine years left on their lease with Staples Center. Also, financially he would devalue the franchise considerably moving it out of the Los Angeles market, especially with the team due for a new television deal, one that is expected to lead to a big bidding war.

It sounds like a good deal… yet there is Donald Sterling lurking.

Shelly Sterling had Donald declared mentally incapacitated, making her the sole trustee and able to act to sell the team as she saw fit.

Donald said in recent days through his attorney (and again today as news of the Ballmer sale started to leak) that the letter he gave his wife is not binding and he may not sign off on the sale. While Donald and Shelly Sterling each own half of the Clippers through a trust, Donald is the recognized primary owner by the league under its constitution.

How will Donald feel with $2 billion on the table?

Donald Sterling’s lawyer was seen going to meet with Donald and told the L.A. Times on the way into the house he is not sure Sterling will sign off on the sale. He added Sterling doesn’t care about the money.

Ballmer would need to be approved by the NBA’s other owners, but that likely would not be much of a hurdle.

Ballmer was part of Steve Hansen’s Seattle group that almost bought the Kings last season. He has long been someone David Stern, and now Adam Silver, have wanted to bring into the league.

NBA fines Kyrie Irving for profanity directed toward fan in Philly (VIDEO)

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We were waiting for this moment this weekend and now it’s here. Boston Celtics point guard Kyrie Irving has been fined $25,000 by the NBA for cursing at a fan in Philadelphia after the Celtics beat the 76ers.

This comes in the wake of the DeMarcus Cousins getting fined the same amount for getting into a similar altercation with a fan.

The NBA released the news Sunday in a statement issued through their PR department.

Via Twitter:

If you haven’t seen video of the incident, you can watch it below. Fair warning, there is obviously some very NSFW language in the media the ahead.

For what it’s worth, Irving said that he did not regret saying anything to the fan.

Via ESPN:

“At the end of the day, we’re human. It’s in heat of the moment and frustrations arise, we were at halftime, we were down by 4, in an environment, a season-opener in Philly. Being with a young team like we have here and staying composed, handling that before we go in the locker room and addressing what we have to do in the locker room and going out and handling business and getting the W, that’s really the only thing that matters to me.

“It’s up to the league at this point. But, like I said, I’m going to take full responsibility for what I said. I don’t have any regrets for it.”

Boston’s next game is on Tuesday at home against New York.

Bobby Portis apologizes for punching Nikola Mirotic in the face (VIDEO)

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As if this season wasn’t going to be hard enough for the Chicago Bulls, it started off on the wrong foot when Bobby Portis and Nikola Mirotic got into a fight during practice. That fight resulted in a facial fracture for Mirotic, putting one of Chicago’s best players out for multiple weeks.

Portis addressed the issue this week by apologizing to fans, the team, and Mirotic. However, Portis said that he has not heard from Mirotic since the fight, and that he did not respond when he tried to call his teammate.

Video of Portis’ apology is interesting if only because it’s a bit hard to discern the level of sincerity.

Via Twitter:

Chicago is 0-2 on the season. Portis is in the middle of serving an 8 game suspension for the incident.

Giannis Antetokounmpo scores career-high 44, dedicates game to father

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MILWAUKEE (AP) — After scoring a career-high 44 points, Giannis Antetokounmpo wrote a note on the game ball.

“This is for daddy. We got a win tonight,” the 22-year-old Milwaukee Bucks player said, remembering his father, Charles, who died last month at age 54.

Antetokounmpo scored 17 points in the fourth quarter, including a dunk that put Milwaukee ahead 111-110 with 11 seconds to go.

After a timeout, Damian Lillard found Jusuf Nurkic running open down the lane, but Antetokounmpo blocked his shot at the basket, sending the 7-foot center crashing to the floor.

Antetokounmpo, starting his fifth NBA season, made 17 of 23 shots with eight rebounds and four assists as Milwaukee kept pace with a Portland team that had dominated its first two opponents. The Bucks star is averaging 38.3 points through three games, up from 22.9 last year, 16.9 in 2015-16 and 12.7 in 2014-15.

“Seventy-nine more. This is just the beginning,” he said, thinking about how many regular-season games remain.

After Nurkic was rejected at the basket, Khris Middleton was fouled and made both free throws.

“They committed two guys to Dame, so somebody was going to be open,” Portland coach Terry Stotts said, referring to Lillard. “Turned out to be Nurk but they made a really good defensive play.”

Lillard scored 26 points, including 16 in the fourth quarter. CJ McCollum also scored 26, and Nurkic had 17 points and 11 rebounds. Tony Snell scored 17 points and Middleton added 16 for Milwaukee.

 

Stephen Curry, Kevin Durant ejected at end of loss to Grizzlies

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Stephen Curry is going to get fined for this.

The former MVP was frustrated, his team losing and thinking he was fouled by Mike Conley as he attacked the rim late in the Warriors loss in Memphis Saturday night. Curry threw his mouthpiece at the referee, which deservedly got him ejected instantly.

Durant followed him to the locker room, making a gesture that will earn him a fine as well.

The Warriors are 1-2 to start the season and there are a lot of factors at play. The China trip does this to teams, and throw in three straight trips to the Finals on top of it and it has an impact. The team is a little banged up. However, the biggest issue is their defense is a mess right now.

The Warriors will straighten it out eventually, but the start of the season could be a rough one for them.