Sterlings reportedly hope to sell Clippers by June 3
As the June 3 hearing nears, the apparent desperation on the part of the Sterlings is beginning to take shape.
Kirby Lee-USA TODAY Sports
Los Angeles Clippers co-owner Shelly Sterling is attempting to push through an expedited sale of the team, according to the Los Angeles Times.
The rushed effort is due in part to the NBA’s likely decision to force the Clippers’ sale, and could result in a new owner being named as early as the end of the week, per the report.
The move is consistent with the stance that the wife of long-time owner Donald Sterling was aiming to sell under her terms after her husband was banned by the league. If the other NBA owners agree and uphold the NBA’s decision at a June 3 hearing, it would force the family to sell despite their wishes to keep its asset and alienate only Donald for his actions.
The development comes on the same day Donald responded to the league’s charges with an accusatory stance of his own. He claimed the league is forcing he and his family to face exorbitant capital gains taxes resulting from such a sale and also that its termination process was “illegal.”
Sterling has asserted he’s received offers in excess of $2.5 billion for the franchise.
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