NBC News: Donald Sterling to file $1 billion antitrust lawsuit against NBA

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It was not if, it was when. And when was Friday afternoon.

NBC News has learned banned NBA owner Donald Sterling plans to file (likely Friday afternoon in Los Angeles) an anti-trust and other violations lawsuit against the NBA seeking $1 billion plus treble damages. The goal of this lawsuit is to seek damages from the NBA for his lifetime ban and the termination of his ownership (something the league has worked toward but has not been voted on by the other owners, the hearing is set for June 3).

Sterling may file another lawsuit is to block the sale of the Los Angeles Clippers to former Microsoft CEO Steve Ballmer, reports Adrian Wojnarowski of Yahoo Sports via Sterling’s attorney Max Blecher.

The NBA announced its deal with Shelly Sterling and the Sterling Trust is official and the sale to Ballmer can go through. As part of that the NBA has agreed to drop its effort to vote the Sterlings out as owners in exchange for indemnity — meaning the Trust would pay any NBA losses to Donald Sterling in court. Meaning Sterling is essentially suing himself if he goes through with this.

Donald Sterling and his wife Shelly each owned half of the Los Angeles Clippers through the Sterling Family Trust (he was the recognized primary owner by the league) but she had him declared mentally incapacitated, making her the sole trustee and clearing the path for the sale of the team to Ballmer for $2 billion.

Donald Sterling’s lawyers have vehemently denied he is incapacitated.

Sterling has been expected from the start to fight the forced sale of this team by the league. NBA Commissioner Adam Silver came out in the wake of a recording made public by TMZ (and later a Donald Sterling interview on CNN) and banned Donald Sterling for life, fined him $2.5 million and started the procedure to strip him of ownership.

Shelly Sterling set up the sale with Ballmer (this would be a cleaner process for the league that removing the Sterlings as owners and selling the team themselves). To do that she had to have Donald declared mentally incapacitated so she had sole control over the family trust, allowing her to execute the sale. Both sides here confirm that Donald met with neurologists in the last month who tested him — the results of those tests are what is in question.

TMZ is reporting Sterling is battling Alzheimer’s disease.

Sterling’s attorney told Rachel Nichols of CNN that is a vast overstatement of what was found. This is from her twitter account.

source:

Sterling always says he doesn’t want to start a fight as he starts one. Not reading much into that.

All of this — Sterling’s mental capacity, the legality of the sale to Ballmer, whether the league can remove Sterling as owner and sell the team themselves if this first sale falls apart — is all going to be decided by the courts now.

As we always expected.

Rick Pitino predicts NBA draft will accept high schoolers within two years

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Once an advocate of increasing the age minimum and a willing accepter of one-and-done, NBA commissioner Adam Silver sounded more open about allowing high school players to declare for the NBA draft.

The new Collective Bargaining Agreement left the issue open, but Louisville coach Rick Pitino predicts change is coming – relatively soon.

Pitino, via ESPN:

When I was at Kentucky, I had seven high school basketball players, told me they were coming, and instead, they went to the pros out of high school. And by the way, I think that rule is going to change back to that. I think high school players are going to be able to go pro again.

I think the commissioner is probably going to do it within two years.

Does Pitino know something? With decades of experience in the NBA and college, he could have many contacts with inside information. It’s certainly imperative for devising a recruiting strategy to know how this rule will change.

It’s also possible Pitino saw Silver’s comments, like any outsider could have, and is making a relatively blind guess.

But the possibility of inside information makes his comments more intriguing.

Warriors executive: Golden State rejected richer jersey-ad offers

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The Warriors are charging $60 million over three years for their jersey ads – about double what any other NBA team is getting.

Golden State chief marketing officer Chip Bowers, via Darren Rovell of ESPN:

“We actually had multiple finalists,” Warriors chief marketing officer Chip Bowers said. “This was not the biggest deal that we were offered.”

Bowers said the team felt it was important for the deal to be with a worldwide brand.

Light years ahead.

New Bulls advisor Doug Collins: ‘I am woke’

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The Bulls hired Doug Collins as an advisor.

Is Collins, who has coached only one winning season in the last 20 years and often sounds analytically disinclined, too behind the times?

Collins:

I’m old. Let me finish. But I’m not old school. I’ve got a young brain. And I think you get pigeonholed: That guy is old school because he’s old. Now, if being on time and working hard and doing all those things are old school, then yes, I’m old school. But I will match my wits with anybody in terms of young people, in terms of what’s going on now and what’s happening. So, I am woke.

Suddenly, Kyrie Irving‘s statement on ESPN – “Oh, if you’re very much woke, there’s no such thing as distractions” – has a challenger for the most awkward use of “woke” by NBA personnel this week.

Report: Andre Iguodala nearly left Warriors for Rockets

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Remember those mid-June rumors about Andre Iguodala already agreeing on a salary to re-sign with the Warriors?

The tide sure changed in a hurry.

Iguodala put out word that he was open to leaving, pressuring tax-conscious Golden State. He met with the Lakers, Spurs, Kings and Rockets.

Houston particularly intrigued him despite reportedly offering just four years, $32 million. The Rockets could have offered $37,658,880 with the mid-level exception, though they wanted to save a sliver to give Zhou Qi a four-year deal – and that still would’ve fallen short of other offers. They also discussed signing-and-trading for Iguodala, but they pitched him on a defensive unit that included him, Chris Paul, Eric Gordon and Trevor Ariza. What else would Houston have intrigued the Warriors with?

And would Iguodala really have left Golden State, an all-time great team that positioned him to win 2015 NBA Finals MVP and a team that played near Silicon Valley?

Chris Haynes of ESPN:

The Warriors had been in the dark for a day and a half and contacted representatives of free-agent small forwards Rudy Gay and Gerald Henderson as a contingency plan. But Myers immediately hopped on a plane from the Bay Area and Kerr was already in Los Angeles, having recently visited with free agent Nick Young. They didn’t know it, but Iguodala’s objective in sitting down with them was to personally say goodbye, sources with knowledge of the situation told ESPN.

Myers and Kerr came prepared to offer him a fully guaranteed, three-year deal worth $45 million and reiterated that their latest offer still wasn’t indicative of what they believed to be his true worth. Their hands were just tied.

There was little hope for a resolution at this point. Iguodala wasn’t budging from his request to make at least $16 million per year. If the Warriors didn’t improve their offer, he was signing with the Rockets, sources said.

After an hour, both sides departed and a breakup appeared likely. Iguodala’s camp proceeded to discuss their options. The Warriors’ top reserve was inching closer to becoming a top reserve for the Rockets. But before Rosenthal was to call Los Angeles, Sacramento, San Antonio and Golden State to notify them of his client’s decision, sources said Iguodala elected to make his final, most defining move yet: calling Golden State one more time.

That of course ended with the Warriors stepping up with a three-year, fully guaranteed $48 million contract, which Iguodala signed.

I recommend reading Haynes’ captivating look into Iguodala’s free agency in full. But keep this in mind: Iguodala won his negotiation with Golden State, and it’s in his best interest to continue a harmonious relationship with the organization. That means, if he were bluffing about leaving in order to secure a bigger offer from the Warriors, he’s incentivized not to show his cards now. He’s better off keeping up the story, making the Warriors believe they didn’t pay more than necessary to keep him.