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.

Kobe Bryant gave a 30-minute pep talk to the Eagles before Rams game (VIDEO)

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Kobe Bryant is just about everywhere during retirement. We’ve talked before about how his post-playing career revisionism is one of the greatest works of sports marketing currently underway.

Of course, Ol’ Bean has to take some days off from being a “storyteller” and that includes cheering on his hometown Philadelphia Eagles. Bryant was born in Philly and lived there for various parts of his childhood, of course going pro directly from Lower Merion High School, located in a nearby suburb.

So despite the return of the Los Angeles Rams, it appears that Kobe is still an Eagles fan through and through. He apparently even spoke to the Eagles for half an hour before the team practiced in California on Friday.

Bryant also gave the world a little video message.

Via Twitter:

The bummer news for Eagles fans, of course, was that it was Philadelphia QB and MVP candidate Carson Wentz who was hit high and low on Sunday, and the team fears that he has torn his ACL.

Kobe is looking pretty thick in that jersey. Maybe they should work him out and see if he can’t beat out Nick Foles for the starting job the rest of the season?

Watch Victor Oladipo score a career-high 47 points vs. Nuggets (VIDEO)

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Victor Oladipo was sent from the Oklahoma City Thunder to the Indiana Pacers along with Domantas Sabonis as part of a major trade for Paul George.

Boy, Pacers fans have got to be glad things have turned out the way they have.

Oladipo is having a career season in terms of scoring, rebounding, blocks, 3-point shooting and field goal percentage. His advanced stats look good too, as Oladipo’s efficiency per-100 possessions in many offensive categories have seen a rise to go along with his box score bump.

On Sunday, Oladipo scored a career-high 47 points in an overtime win against the Denver Nuggets, 126-116.

Oladipo’s performance was incredible, adding seven rebounds, six assists, two steals, and a block to go along with his 47 points. Oladipo shot 15-28 from the field, including 6-of-12 from 3-point range, and added 11 points from the free-throw line.

Watch the full highlights of Oladipo’s performance in the video above.

Rumor: NBA executives think Rockets have shot at signing LeBron James

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LeBron James is now rumored to be headed to about 29 NBA teams this summer when he can opt out of his current contract and become a free agent. Earlier this week, we heard rumblings that LeBron could be interested in sharing a Los Angeles Lakers roster with Dallas Mavericks center-at-large Nerlens Noel.

Now we’re hearing that NBA executives think the Houston Rockets have a chance of nabbing The King in the summer of 2018.

All aboard the Banana Boat.

According to USA Today’s Sam Amick, both the Rockets themselves and rival execs think Houston is a real landing spot for James thanks in part to how well they are playing this season. James Harden is having another MVP-caliber year, and Chris Paul has played beautifully in his return.

Via USA Today:

While James has made it clear that he won’t deliberate his uncertain future until the Cavs’ season is complete, there is strong belief in Rockets circles that they’ll have a legitimate shot at landing the four-time MVP this summer. Rival executives also believe the Rockets will have a real chance. And once you really look at it, when you get past all the noise about the Lakers and even the compelling case for the up-and-coming Philadelphia 76ers, it makes all sorts of sense.

The only team we haven’t heard connecting rumors about is the Cleveland Cavaliers themselves. LeBron — whose family lives in LA — recently bought a new house there and all signs point to James heading to the Western Conference. Well, unless he goes to the Philadelphia 76ers, of course.

Then again it felt like a certainty that LeBron would head to the New York Knicks nearly a decade ago, an idea that seems hilarious in retrospect. The NBA is weird, and if LeBron dips from Cleveland expect it to get even weirder.

Sixers’ Robert Covington to miss at least one game after crashing into stands

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NBA fans love hustle from their players, but sometimes things go awry.

That’s what happened on Saturday night after Philadelphia 76ers forward Robert Covington dove into the stands to try to save a loose ball against the Cleveland Cavaliers.

The play came in the fourth quarter with under two minutes left and the Sixers down by just one point. Covington leapt into the far sideline just near the Cavaliers bench. He appeared to turn his ankle and land awkwardly on his back. The Cleveland floor has a small lip after the first row of seats that may have played a part in the injury.

Cleveland would go on to score on the play, and Covington had to be helped off the floor. The Cavaliers went on to win, 105-98.

Meanwhile, the 76ers will play Sunday in New Orleans against the Pelicans. According to NBC Sports Philadelphia, Covington will miss the game with a lower back contusion.

Via NBCSN Philadelphia:

X-rays and a CT scan came back negative. Covington is with the team in New Orleans and is doubtful for Tuesday’s game in Minnesota.

Covington tumbled out of bounds and over courtside seats while he tried to save a possession during a Sixers comeback attempt. There is an approximate four-to-five inch drop between the court and the area where Covington landed. Many of his teammates were unaware of Covington’s injury at first because it was out of their vision.

“It’s scary to see your teammate like that,” guard JJ Redick said. “They said he fell on his back. I wanted to make sure he’s walking and not in too much pain. But I just wish the best for him and hope he’s OK.”

Back injuries can be a complete hassle to recover from, especially when you’re deep in the middle of the season. Let’s hope the Sixers get Covington back soon.