Shelly Sterling

Shelly Sterling would still have ties to Clippers after sale, details of deal show

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Shelly Sterling will not own any of the Clippers after she sells the team to Steve Ballmer for $2 billion, a sale that the NBA is working now to finalize.

But she would still have ties to the team, almost an “owner emeritus” status, reports the Associated Press.

The individuals, who are not authorized to speak publicly, told The Associated Press that the $2 billion deal allows for up to 10 percent of the team — or $200 million — to be spun off into a charitable foundation that Shelly Sterling would essentially run. The deal was negotiated by Shelly Sterling after husband Donald Sterling’s racist remarks to a girlfriend were publicized and the NBA moved to oust him as team owner.

One of the individuals said Shelly Sterling and Ballmer would be co-chairs of the foundation. The individuals said the foundation would target underprivileged families, battered women, minorities and inner city youths. “To benefit those on the receiving end of Donald’s rather abhorrent remarks,” one individual said.

Shelly Sterling was looking from the start to stay tied to the team, ideally through remaining a minority owner, but the league was never going to go for that.

This is a workaround. She runs the charitable organization tied to the Clippers, and in that way stays connected to the team without actually owning a piece of it.

Shelly and Donald Sterling both had their identities largely wrapped up in owning the Clippers — the media dining room before Clippers games was often full of their friends and hangers on, kissing their rings so to speak, in what some media members jokingly called “club Sterling.” It’s not that the Sterlings loved the Clippers, they loved owning the Clippers.

This way she gets to keep that.

After a firestorm that followed a leaked tape of prejudicial remarks by Donald Sterling, the league made moves to strip the Sterlings of ownership (they each owned 50 percent of the team through a family trust, although the league recognized Donald as the official, primary owner). Shelly Sterling, working with the league, had Donald declared incapacitated following medical tests, giving her full control of the trust, then she sold the team to former Microsoft CEO Steve Ballmer for $2 billion (the Sterlings will clear an estimated $1.3 billion after taxes, he bought the team in 1981 for $12.5 million). As part of the sale, the trust agreed to indemnify the NBA in any lawsuits brought by the sale — if Donald Sterling sues the league and wins the Sterling Trust has to pay his winnings. So he essentially is suing himself.

Donald Sterling said at one point he would sign off on the sale, but now is saying he may try to block it if the league does not lift its lifetime ban or rescind the $2.5 million fine levied against him.

Kareem Abdul-Jabbar speaks at Democratic National Convention (VIDEO)

LOS ANGELES, CA - JUNE 06: Kareem Abdul-Jabbar speaks at the South Los Angeles Get Out The Vote Rally for Democratic presidential candidate Hillary Clinton at Leimert Park Village Plaza on June 6, 2016 in Los Angeles, California. The presidential hopeful is attending a series of campaign stops on the eve of the California presidential primary election, where polls indicate a close divide between Clinton supporters and those of Democratic rival Senator Bernie Sanders.   (Photo by David McNew/Getty Images)
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With so much focus in recent weeks being on NBA players speaking out on social issues, it’s worth remembering that Kareem Abdul-Jabbar has been one of the most vocal athletes in America on these things for decades. The Hall of Fame and all-time leading scorer in NBA history addressed the Democratic National Convention on Thursday evening, urging voters to vote for Hillary Clinton in November, and opened his remarks by introducing himself as Michael Jordan, because “Donald Trump couldn’t tell the difference.”

You can watch the video of his speech below:

Kevin Durant denies report he told Russell Westbrook he was returning to Oklahoma City

LOS ANGELES, CA - DECEMBER 21:  Russell Westbrook #0 of the Oklahoma City Thunder and Kevin Durant #35 discuss play during the first half against the Los Angeles ClipperLos Angeles Kingsat Staples Center on December 21, 2015 in Los Angeles, California.  NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this Photograph, user is consenting to the terms and condition of the Getty Images License Agreement.  (Photo by Harry How/Getty Images)
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In the weeks since Kevin Durant announced he was signing with the Golden State Warriors, we have yet to hear Russell Westbrook speak on his former teammate’s decision. This week, ESPN.com’s Royce Young indicated in a podcast interview that Durant was telling Westbrook and others in the days leading up to his decision that he was coming back to Oklahoma City. He later walked back his report, saying he misspoke. On Thursday, Durant himself told The Vertical‘s Shams Charania that he never said any such thing, or misled Westbrook or anyone else about his intentions.

“It’s false,” Durant told The Vertical on Thursday. “I didn’t say that – words about me telling Russell or Nick that I would stay or leave never came out of my mouth. We met as teammates, but no promises came out of it. In this day and age, I can’t control anything people claim out there. Someone can go out and say something random right now, and people will believe it.

“I never told Russell or Nick [Collison], ‘All right, guys, I’m coming back to the Thunder’ – and then a week later, I decide not to. Never happened. I don’t operate like that. I heard people say that story, but it’s not the truth.”

So that settles that.

Report: Spurs agree to two-year deal with free agent forward David Lee

DALLAS, TX - MARCH 01:  David Lee #42 of the Dallas Mavericks during the first half at American Airlines Center on March 1, 2016 in Dallas, Texas.   NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement.  (Photo by Ronald Martinez/Getty Images)
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Lee will have a player option in the second year of his deal, which will be worth the veteran’s minimum.

Lee, 33, considered more lucrative deals elsewhere, but committed to the Spurs’ opportunity to win a championship and play a backup role to LaMarcus Aldridge andPau Gasol.

General manager “R.C [Buford] and coach [Gregg] Popovich put a lot of time and energy to give David a visual of how much they wanted him and would use him,” Bartelstein told The Vertical. “A lot of people talk about taking less money, and not many people do it, so the Spurs get a lot of credit for selling David on joining their organization.”

After winning a championship with the Warriors in 2015, Lee was dealt to Boston last offseason, where he fell out of the rotation quickly. He was bought out midseason and signed with the Mavericks. He was solid in Dallas, but at his age and with almost no defensive ability, he didn’t draw much interest on the market. In San Antonio, he likely won’t have a big role, but he’s a solid veteran scorer in the frontcourt off the bench in limited minutes.

Bulls sign guard Spencer Dinwiddie

CLEVELAND, OHIO - APRIL 13: Spencer Dinwiddie #8 of the Detroit Pistons in action against the Cleveland Cavaliers at Quicken Loans Arena on April 13, 2016 in Cleveland, Ohio. The Pistons defeated Cleveland 112-110 in overtime.  NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by David Maxwell/Getty Images)
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CHICAGO (AP) The Chicago Bulls have signed guard Spencer Dinwiddie.

The Bulls acquired Dinwiddie in a trade with Detroit last month and waived him three weeks ago. He spent two years with the Pistons and appeared in 12 games last season, averaging 4.8 points and 13.3 minutes.

The Bulls announced the move Thursday.