Shelly Sterling

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


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.

76ers tie NBA-record losing streak, dropping heartbreaker to Celtics

Isaiah Thomas, T.J. McConnell

After a rare period of on-court competence, the 76ers led the Celtics by five with two minutes left tonight.

Then, Philadelphia snatched defeat from the jaws of victory.

The 76ers yielded a 9-0 run to close an 84-80 setback.

They’re now 0-16. Combined with their 0-10 finish to last season, that’s a 26-game losing streak – tied for longest in NBA history. Last year’s 76ers already shared the record.

Philadelphia is also in danger of the worst start to a season. The 2009-10 New Jersey Nets began 0-18, and last year’s 76ers won only one game sooner.

The 76ers will try to avoid the all-time longest streak at the Rockets on Friday. If that goes unsuccessfully, they’ll try to avoid matching the worst season start at the Grizzlies on Sunday. And if both fail, they could set the worst-start record against the Lakers on Tuesday.

76ers-Lakers – it’s shaping up to be a big one.

Timberwolves read mean tweets about themselves (video)

Flip Saunders, Karl-Anthony Towns, Tyus Jones
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The Timberwolves didn’t select the meanest tweets about these players, but credit Karl-Anthony Towns, Tyus Jones, Shabazz Muhammad and Zach LaVine for being good sports.

LeBron James: I’m healthier than a year ago


LeBron James received an injection in his back before the season.

It’s working.

Dave McMenamin of ESPN:

LeBron James now says he feels better than he did even a year ago.

“I feel better in the mornings; I feel better throughout the games; I feel better throughout the day,” James said before a Cavs shootaround Wednesday in preparation for their game against the Toronto Raptors. “It was a rough start to the season for me last year and for our team. Obviously the way we’ve been playing, a lot is predicated on my health and being able to lead these guys out on the floor and not from the sidelines.”

LeBron certainly looks healthier than he did at this point last year. He’s moving much better and giving more effort.

But comparing November to November means very little for the Cavaliers, who hope to play deep into June.

The key question: Did LeBron properly time his injection? There’s a limit on the number he can have in a year, and it takes time to recover after one. Cleveland doesn’t want LeBron to peak to early.

It’s good for the Cavs that LeBron feels better now, but his health in the playoffs remains the priority.

Report: Suns signing Bryce Cotton

Bryce Cotton
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Eric Bledsoe missed the Suns’ loss to the Spurs on Monday with a knee injury.

So, Phoenix is bringing in a reinforcement – Bryce Cotton.

Marc Stein of ESPN:

The Jazz waived Cotton before the season despite Dante Exum‘s injury leaving them with just two other healthy point guards. That says something about Cotton – but also Utah’s depth.

Cotton – who went undrafted out of Providence last year – is quick, varies his speed well and can leap. There’s reason to believe in his potential at age 23. But his 6-foot-1 frame limits him defensively, and he’s not much of a distributor.

Phoenix will rely on Brandon Knight and Ronnie Price at point guard if Bledsoe is unavailable. The Suns can also use fewer two-point guard lineups – giving more minutes at shooting guard to Devin Booker, Archie Goodwin and Sunny Weems.

Cotton provides insurance while Bledsoe is banged-up with what seems to be a minor injury. But he might have to show something to keep drawing an NBA paycheck once Bledsoe gets healthy.