Celebrities At The Los Angeles Clippers Game

NBA announces settlement with Sterling Trust allowing Clippers sale to Ballmer. Cancels vote on Donald Sterling.

22 Comments

How confident is the NBA that Shelly Sterling has pushed aside her husband Donald Sterling in the family trust and can now sell the Clippers to Steve Ballmer?

Enough that they have cancelled the vote scheduled for next week that would have deposed Donald Sterling as an owner.

The NBA announced Friday that it has reached a settlement with the Sterling Trust (through which Donald and Shelly Sterling each own half of the Clippers). Here is the NBA’s official statement.

The NBA, Shelly Sterling and the Sterling Family Trust today resolved their dispute over the ownership of the Los Angeles Clippers. Under the agreement, the Clippers will be sold to Steve Ballmer, pending approval by the NBA Board of Governors, and the NBA will withdraw its pending charge to terminate the Sterlings’ ownership of the team.

Because of the binding agreement to sell the team, the NBA termination hearing that had been scheduled for June 3 in New York City has now been cancelled. Mrs. Sterling and the Trust also agreed not to sue the NBA and to indemnify the NBA against lawsuits from others, including from Donald Sterling.

Donald Sterling’s lawyer confirmed an NBC News report he planned to file an antitrust lawsuit against the NBA seeking $1 billion in damages due to his banishment from the league and the league forcing a sale of his team.

The interesting news from the league’s statement is not just that the deal is now official in the eyes of the league (that was expected, the league has been working hand-in-hand with Shelly Sterling through this process), nor is it just that the Board of Governors’ meeting is cancelled and the vote called off.

It is that the league believes by getting indemnity from the Trust — of which Donald Sterling is still a part, albeit one without a vote — it essentially negates Sterling’s lawsuit against the league (and likely future ones).

The indemnity likely means that any money Donald Sterling would win in his lawsuit against the NBA would be paid by the Sterling Trust — essentially Sterling is suing himself, according to sports law writer Michael McCann of Sports Illustrated.

Plus, Donald Sterling is threatening an anti-trust lawsuit based on the forced sale of his team, but the NBA can counter co-owner Shelly Sterling chose to sell the team, this was not a forced sale where the team was taken away from him.

Donald and Shelly Sterling each owned half of the Los Angeles Clippers through the Sterling Family Trust (he was the recognized primary owner by the league). However, following neurological tests in the last month she had him declared mentally incapacitated, making her the sole trustee. Donald Sterling’s lawyers have vehemently denied he is incapacitated, although that is separate from the lawsuit he filed against the NBA.

The incapacitated ruling cleared the path for the sale of the team to Ballmer for $2 billion. The NBA worked with Shelly throughout this process and the fact the league is making this announcement and canceling the vote shows how confident it is in its legal position. Also, for years the NBA has been interested in bringing Ballmer — the former Microsoft CEO worth $20 billion — in as an owner.

All of this ultimately means that by the start of next season this saga could be over — Doc Rivers and the Clippers players could be reporting to the energetic Ballmer.

Something that would be good for everyone. We’d all like to move on from this saga.

PBT Podcast: Derek Fisher fired, plus your trade questions from Twitter

Derek Fisher
Associated Press
1 Comment

Derek Fisher is out as coach of the New York Knicks.

In this latest podcast, NBC Sports’ Kurt Helin and Dan Feldman discuss the odd timing of that move — we expect another shoe to drop as to why. It’s not that Fisher was a great coach, but replacing him with Kurt Rambis mid-season is not an upgrade. And Luke Walton isn’t available until this summer.

After struggling to figure out what the Knicks are thinking, Helin and Feldman answer questions off Twitter from readers/listeners on the coming trade deadline including discussions of Blake Griffin, Jeff Teague, the Pistons, the Jazz, the Knicks, and more.

As always, you can listen to the podcast below, or listen and subscribe via iTunesdownload it directly here, or you can check out our new PBT Podcast homepage, which has the most recent episodes available. If you have the Stitcher app, you can listen there as well.

Warriors’ center Festus Ezeli to have knee surgery, out indefinitely

Golden State Warriors center Festus Ezeli, left, of Nigeria, looks to pass the ball as Denver Nuggets forward Darrell Arthur defends during the second half of an NBA basketball game Sunday, Nov. 22, 2015, in Denver. Golden State won 118-105. (AP Photo/David Zalubowski)
Associated Press
Leave a comment

Festus Ezeli has been a rock-solid backup for the Warriors this season, playing almost 18 minutes a night behind Andrew Bogut giving the team 7.5 points and 5.9 rebounds a contest. Golden State’s defense is 3.6 points per 100 possessions better when he is on the court, and he’s part of the team’s long-term plans.

But he’s going to be out for a while now following knee surgery, the team announced and as reported by Monte Poole at CSNBayArea.com.

http://www.csnbayarea.com/warriors/festus-ezeli-undergo-knee-surgery

The surgery is exploratory, which is why the Warriors say there is no timeline for recovery yet.

The surgery is on his left knee; it was his right one that had reconstructive surgery and forced him to miss all of two seasons ago.

This is a blow to the Warriors’ depth, but little has slowed their march this season. More Mo Speights is not ideal, but the Warriors can just go small more often and run teams out of the building that way.

Ezeli is a restricted free agent this summer and the Warriors would like to keep him on the roster and expand his role, particularly if they do not retain Andrew Bogut. The severity of this knee injury could impact Ezeli’s ability to earn a big contract this summer, but hopefully for him, it’s not that serious.

Russell Westbrook stands behind Kevin Durant, mimics him during interview (video)

Oklahoma City Thunder guard Russell Westbrook, right, gestures after scoring as forward Kevin Durant stands by during the second half of an NBA basketball game, Friday, Jan. 8, 2016, in Los Angeles. The Thunder won 117-113. (AP Photo/Mark J. Terrill)
AP Photo/Mark J. Terrill
2 Comments

Choose your spin.

This is why Kevin Durant is leaving the Thunder. Russell Westbrook doesn’t respect him.

or

This is why Kevin Durant is re-signing with the Thunder. He and Russell Westbrook have so much fun together.

Report: Magic open to talking Tobias Harris trade, looking to add experience

Memphis Grizzlies guard Tony Allen (9) grabs the uniform of Orlando Magic forward Tobias Harris (12) in the first half of an NBA basketball game Monday, Jan. 25, 2016, in Memphis, Tenn. (AP Photo/Brandon Dill)
AP Photo/Brandon Dill
3 Comments

Tobias Harris signed a four-year, $64 million contract with the Magic just last summer.

Now, just 50 games later…

Marc Stein of ESPN:

I’m skeptical this is significant. Teams discuss trades for many players for a variety of reasons. That doesn’t mean the player is likely to be dealt.

Orlando in particular has a roster of players who cause significant debate about their value. It’s helpful to know what other teams think of Harris, and soliciting trade offers is a good method to learn his worth.

It’s more intriguing the Magic are looking to add experience. They should probably go the opposite route, but they’ve tried (and failed) for years to accelerate their rebuild. At 22-28 – four games and three teams from playoff position – now is not the time to seek shortcuts. Spend the rest of the season developing young players – and probably securing a higher draft pick in the process.

One of Harris’ best traits is his youth. He’s just 23. See what other teams would offer for him, sure. But, in all likelihood, it’s better to let him grow into the veteran Orlando needs rather than trading him for one when the rest of the team isn’t ready to win, anyway.

My guess is that’s what Orlando will do. Remember, always consider who has incentive to leak this information anonymously and what they’d be positioned to know.