UPDATE: Former Microsoft CEO Steve Ballmer signs deal to buy Clippers for $2 billion

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UPDATE: Shelly Sterling has confirmed the sale through a press release. In it is the statement she could do that as the sole trustee of the Sterling Family Trust, confirming that she had Donald to sell the team.

“I am delighted that we are selling the team to Steve, who will be a terrific owner,” she said in a released statement. “We have worked for 33 years to build the Clippers into a premiere NBA franchise. I am confident Steve will take the team to new levels of success.”

Steve Ballmer also released a statement:

“I will be honored to have my name submitted to the NBA Board of Governors for approval as the next owner of the Los Angeles Clippers. I love basketball. And I intend to do everything in my power to ensure that the Clippers continue to win – and win big – in Los Angeles.”

7:10 pm: I have to start here: Do not assume just because an agreement was reached and papers signed that this is a done deal. Remember that Donald Sterling has talked about “fighting to the bloody end.” He could still attempt to kill the whole thing out of spite (or concerns about capital gains taxes).

But Donald told his wife Shelly Sterling to go ahead and find a buyer for the team, and she seems to have done that:

NBC has confirmed  with a source close to the negotiations that a deal was signed between the Sterling Family Trust and former Microsoft CEO Steve Balmer to buy the Clippers for $2 billion. That document is now being sent on to the NBA league office for review (and to start the approval process).

This news was broken by the Los Angeles Times and since confirmed. The Times had details on the other bidders.

A person with knowledge of the negotiations said the Geffen group bid $1.6 billion and Ressler at $1.2 billion.

David Geffen has now said to ESPN that his group — with Larry Ellison and Oprah Winfrey — have pulled out of the biding.

If $2 billion turns out the be the final sale price, that figure would blow the previous NBA franchise sale price record — $550 million for the Milwaukee Bucks just a few weeks ago — out of the water.

The NBA has reportedly said that if a completed sale agreement was in place before the Board of Governors meeting next Tuesday they likely would postpone the vote. At that meeting the other owners would conduct a hearing then vote on whether to strip Sterling of his ownership of the franchise in response to the backlash that followed his prejudiced comments on a recording released to TMZ, plus later in a CNN interview.

Having the Sterlings sell the Clippers is a cleaner process for the NBA.

Part of the sale agreement is that Ballmer not move the team to Seattle. Plus the Clippers have nine years left on their lease with Staples Center. Also, financially he would devalue the franchise considerably moving it out of the Los Angeles market, especially with the team due for a new television deal, one that is expected to lead to a big bidding war.

It sounds like a good deal… yet there is Donald Sterling lurking.

Shelly Sterling had Donald declared mentally incapacitated, making her the sole trustee and able to act to sell the team as she saw fit.

Donald said in recent days through his attorney (and again today as news of the Ballmer sale started to leak) that the letter he gave his wife is not binding and he may not sign off on the sale. While Donald and Shelly Sterling each own half of the Clippers through a trust, Donald is the recognized primary owner by the league under its constitution.

How will Donald feel with $2 billion on the table?

Donald Sterling’s lawyer was seen going to meet with Donald and told the L.A. Times on the way into the house he is not sure Sterling will sign off on the sale. He added Sterling doesn’t care about the money.

Ballmer would need to be approved by the NBA’s other owners, but that likely would not be much of a hurdle.

Ballmer was part of Steve Hansen’s Seattle group that almost bought the Kings last season. He has long been someone David Stern, and now Adam Silver, have wanted to bring into the league.

Celtics top Cavaliers in Game 5, setting up Game 7 in Boston?

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LeBron James and a couple Cavaliers teammates left the court well before the Celtics dribbled out their 96-83 Game 5 win Wednesday.

The Cavs are already moving on.

Game 6 will be Friday in Cleveland, and the Cavaliers – down 3-2 in the Eastern Conference finals – must win to avoid elimination. The way Boston has played on the road, it’s even easy to look ahead to Game 7, which is scheduled for Sunday in Boston.

Still, the Celtics bought themselves leeway with their decisive win in Boston tonight. They led by double digits the final 20 minutes, breaking the Cavs’ momentum after two straight wins in Cleveland.

“It’s tough going on the road, playing against somebody else in their house with their crowd,” said Jayson Tatum, who had 24 points, seven rebounds, four assists, four steals and two blocks tonight. “So, we were just comfortable. We came back home and defended home-court like we have all playoffs.”

Boston is now 10-0 at home this postseason – but just 1-6 away. Fueled in part by that historic split, no game in this series has been close. All five have been decided by at least nine points, and the average margin of victory – 18 – is in the 97th percentile for largest ever in a 3-2 best-of-seven series.

So, just as two big Celtics wins in Games 1 and 2 didn’t deter the Cavaliers, this one likely won’t, either. The Cavs should be heavily favorited in Game 6.

Beyond, if it gets that far? That’s a much bigger tossup.

Teams up 3-2 in a best-of-seven series have won 85% of the time. But Boston is missing a key reason it secured home-court advantage, including a chance to break the 2-2 at home rather than on the road – Kyrie Irving. And LeBron James is downright scary in a Game 7, even on the road.

The Celtics at least took care of business tonight, showing a far greater sense of urgency than Cleveland. Brad Stevens changed his starting lineup, inserting Aron Baynes for Marcus Morris, and tightened his rotation to just seven players until garbage time. Boston ran the floor much harder than the Cavs, decisively outrebounded them and beat them to loose balls. Even in altercations, the Celtics had a man advantage.

LeBron (26 points, 10 rebounds five assists and six turnovers) never made his presence felt in the way usually necessary for the Cavaliers to win. Cleveland’s four other starters combined to score just 24 points, two fewer than LeBron did himself.

After Boston seized control early, the Cavaliers made few adjustments in strategy or effort – as if they’re saving those for later.

LeBron James says we don’t know full story of his upbringing, but he’ll reveal it after retirement

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LeBron James was on the cover of Sports Illustrated in high school – as a junior.

He has been in the spotlight ever since, somehow living up to the outsized expectations set while he was a teenager. His story has been told and retold – how he and his mom moved around Akron as she struggled to provide for him, how his athletic ability lifted himself and those around him.

But are we missing key details?

Upon passing Kareem Abdul-Jabbar for most shots made in the playoffs, LeBron reflected on his journey.

LeBron:

To know where I come from, you guys know a little bit of the story. But you guys don’t know the full story about where I come from and the struggle that I had. You guys know about the single-parent struggle, and y’all done heard that story. But there’s a lot more to it, which I’ll talk about when I’m done playing ball.

But to know where I come from, small city 35 miles south of here, and to hear I’m in the same category or talked about and jumping these greats in the playoffs — it’s like I was a kid and I watched the playoffs so much and I was like, I would love to be a part of that, that moment, that atmosphere. I think it’s pretty cool. You hear the scoring, the field goals made, and for a kid that really doesn’t care much about scoring.

Like with LeBron’s secret motivation a couple years ago, I’m totally intrigued. When LeBron decides to share, I’ll be all ears.

Larry Nance Jr., Marcus Morris and Terry Rozier exchange shoves after whistle (video)

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Marcus Morris fouled Larry Nance Jr. in Celtics-Cavaliers Game 5 tonight. Nance didn’t like that, got up and shoved Morris. Morris and Terry Rozier didn’t like that, and both shoved Morris.

All three received a technical foul, which seems fair.

Klay Thompson, Andre Iguodala questionable for Game 5

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Andre Iguodala missed the Warriors’ Game 4 loss to the Rockets with a leg injury.

It’s not certain he – or Klay Thompson, who played through a knee injury suffered in Game 4 – will be available for Game 5 tomorrow.

NBC Sports Bay Area:

Klay Thompson, who suffered a left knee strain during the first half of Game 4, is listed as questionable, the team announced Wednesday afternoon.

Iguodala missed Game 4 with a left lateral leg contusion and is questionable for Game 5.

Anthony Slater of The Athletic:

Warriors coach Steve Kerr on Iguodala:

He’s feeling a little better today, and he’s out on the floor. Not doing a whole lot, but making progress.

Kerr on Thompson:

Klay is moving around really well. I think Klay is going to be fine.

That sounds better than “questionable” for Thompson.

The Warriors need one, maybe both, of those two on the court. Golden State’s depth, especially on the wing, is looking shaky.

In Game 4, Golden State outscored Houston by 20 in the 31 minutes Stephen Curry, Thompson, Kevin Durant and Draymond Green played together. In the in the 17 minutes they played without even one of those stars, the Warriors got outscored by 23. Nick Young, who received more playing time when Thompson left the court area due to his injury, looked particularly overwhelmed.

James Harden‘s defense is a huge bellwether in this series. The Warriors spend a lot of focus trying to exploit him, and if that fails, the shot clock gets low before they move into another action. If Thompson is even just slowed, that’d make it easier for Harden to keep up.