Donald Sterling, Rochelle Sterling

Report: Shelly Sterling has received ‘handful’ of $1 billion-plus bids for Clippers

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Donald Sterling, through his attorney, says he’s not ready to sell the Clippers. Depending on the precise language of a letter he signed, he may or may not have already given his wife full authority to sell the team.

Either way, the NBA is planning to vote out the Sterlings Tuesday. That doesn’t leave much time for the league to vet any buyers before approving a Sterling-approved sale.

Facing roadblocks from all directions, Shelly Sterling is forging ahead in her attempts to sell the team anyway.

Ramona Shelburne and Darren Rovell ESPN.com write:

Shelly Sterling and her advisers received a handful of bids for the team Wednesday — with sources saying the bids are well more than $1 billion — in what is turning into a rush to find a buyer for the franchise before Tuesday’s Board of Governors meeting at which both of the Sterlings’ ownership interests could be terminated.

Despite the pace of the sale and seriousness of the buyers — sources said bidders were asked to post a $300 million deposit — Donald Sterling’s continuing opposition is beginning to worry several groups. The concern, one source with knowledge of the situation told ESPN, is that he is using this sale process to establish a value for the team so he later can sue the league for damages if forced to sell.

In the books given to prospective buyers, sources said, Shelly Sterling has offered to sell 100 percent of the team, which has been an important condition for the NBA.

The franchise and the team’s recently built practice facility in Playa Vista, California, are part of the sale, sources said. However, the winning bidder theoretically could prefer to lease the facility from the Sterlings, a source said.

Shelly Sterling has retained Bank of America to handle the sale. Initial bids were due Wednesday. However, a source told ESPN that several groups were given an extension until Thursday. While there was initially a sense that there would be several rounds of bidding, it now appears the strongest bidders will simply negotiate directly with Shelly Sterling and her advisers over the next few days.

If the Sterlings are using this process to establish value for the team to seek damages, they’re probably going about it the wrong way. By demanding a $300 million deposit – which would sit in escrow until all lawsuits are resolved, according to Bill Simmons of ESPN – and threatening a Donald-filed lawsuit involving anyone and everyone, the Sterlings are reducing the value of the bids.

If they just want to control the sale of the team on their own terms, OK. But if they want to maximize their return, they’re failing. The team will likely sell for more once the NBA takes control of the process, excising at least some of the Sterling complications to the process.

Regardless, I can’t see Shelly reaching an agreement with a buyer in time for the NBA to vet the new owners and approve the sale.

Terrence Jones scores 36, leads Pelicans past Cavaliers 124-122

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NEW ORLEANS (AP) — Terrence Jones filled in brilliantly for injured All-Star Anthony Davis, scoring a season-high 36 points, grabbing 11 rebounds and blocking LeBron James‘ dunk attempt in the fourth quarter, and the New Orleans Pelicans beat the Cleveland Cavaliers 124-122 on Monday night.

Jrue Holiday added 33 points and 10 assists for the Pelicans, and Langston Galloway capped a 12-point night with a clean steal on James’ drive in the final minute, preventing the Cavs from erasing a deficit they had trimmed from 22 late in the first half to three with 1:32 left in the game.

Kyrie Irving scoring 35 of his 49 points in the second half, but the Cleveland fell to its fifth loss in seven games. James had 26 points, 12 assists and 10 rebounds.

Two of Cleveland’s recent losses came against Western Conference leaders Golden State and San Antonio, but two others have come against teams currently outside the playoff picture in the West: New Orleans and Portland.

Kevin Love had 22 points for Cleveland, which could not quite keep pace with a Pelicans squad that tied a season high for 3-pointers with 16 and shot 49.4 percent (43 of 87).

Donatas Moteijunas scored 14 for New Orleans, while Dante Cunningham scored 11. Each hit a pair of 3s.

The Cavs drained 15 3s, eight by Irving, whose step-back jumper from long range had Cleveland within three with 21 seconds to go, but the Cavs got no closer until Love’s anticlimactic 3 in the final second.

Embarrassed in a 29-point loss to NBA-worst Brooklyn at home on Friday, the Pelicans were eager for a chance to redeem themselves with a competitive showing against the defending champs. That did not appear likely when New Orleans announced less than an hour before tip-off that Davis would be unable to play because of his right leg bruise lingering from a collision with the Nets’ Spencer Dinwiddie.

Coach Alvin Gentry inserted Jones for Davis as the starting center, and he responded with arguably the most dynamic half of play in the fifth-year veteran’s career. He hit all eight of his shots in the first half, scoring 22 points on an array of jumpers – including two 3s – weaving drives and feisty put-backs.

Holiday, meanwhile, got into an equally prolific rhythm, hitting three 3s and highlighting several impressive drives to the hoop with a two-handed dunk. Holiday’s pullup jumper from just inside the 3-point line with 6 seconds left in the second quarter gave him 22 points and New Orleans a 22-point lead, and Holiday pumped his fist while one of the biggest crowds of the season went wild.

In the last second of the half, James executed a long inbound pass to Love, who converted a quick-release layup to make it 70-50.

TIP-INS

Cavaliers: Coach Tyronn Lue was assessed a technical foul by official Leroy Richardson after the coach chastised Richardson for a late whistle giving Moteijunas free throws following a missed layup. … The Cavs won the teams’ only other meeting this season, 90-82 in Cleveland on Jan. 2. … Irving slung in what would have been a sensational, off-balance, one-handed shot from about 30 feet, but it didn’t count because it came too late after Irving was fouled by Tyreke Evans as the pair pursued a loose ball near mid-court.

Pelicans: New Orleans improved to 2-2 without Davis in the lineup. … G E'Twaun Moore, who is 6-foot-4, delighted the crowd by rejecting the 6-8 James near the basket in the first half. … New Orleans shot 60.5 percent (26 of 43) in the first half.=

 

Heat’s Dion Waiters drains game-winning three to knock off Warriors (VIDEO)

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Last week Golden State crushed Cleveland, Oklahoma City, and Houston.

But none of those teams had Dion Waiters.

The final three of Waiters’ 33 points came on a deep pull-up three with 0.6 seconds left to give Miami a 105-102 upset of the Warriors. Waiters shot 13-of-20 overall and 6-of-8 from three.

This was a night the Warriors just could not get the three ball to fall, shooting 8-of-30 (26.7 percent) from deep. This ended Golden State’s seven-game win streak and extended the Miami win streak to four.

Joakim Noah with as ugly a free throw as you’ll see. And he knows it. (VIDEO)

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Joakim Noah used to be a good free throw shooter, he’s hit 70 percent for his career. But he’s shooting just 42.9 percent this season.

And no miss was uglier than the one Monday night against the Pacers.

The best part of this airball was Noah’s reaction — he knew it was bad the second he let it go.

If you want to draw parallels with the Knicks’ season, go for it.

Stephen Curry finds Kevin Durant for tomahawks slam in transition (VIDEO)

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The Warriors in transition can be beautiful basketball.

And if you don’t stop the guy with the ball from getting a straight line to the hoop, there will be highlights. In the first half Monday night, the Heat did a good job making Stephen Curry give up the ball in transition (not letting him just pull up for a three), but he found Kevin Durant, who found a lane to the basket, and… highlight tomahawk dunk.

It was a two-point game at the half between the Heat and Warriors, after what was a second quarter both teams probably want to forget.