Donald Sterling: Get away from me you pig!

Re: Donald Sterling: 2 Billion Ballmer bid!

Postby pound4pound1 on Fri May 30, 2014 11:12 am

so they ended up 'punishing' the bigot by giving him $2billion for his team...good job, NBA...i'm sure he's real sorry now
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Re: Donald Sterling: 2 Billion Ballmer bid!

Postby therealdeal on Fri May 30, 2014 11:13 am

LTLakerFan wrote:Well that's what they are saying. The NBA wanted NO part of Shelly doing the shopping for a new buyer. But if, OH MAN, they don't approve Ballmer then look the hell out. So (I think) "the trust" (Donald, Shelly, the Kids and the lawyers) did what they needed to do to tell the NBA go eff themselves. And Magic go eff himself.

No way they don't approve of this purchase... It'd mean they avoid the vote where undoubtedly there's a few who DON'T vote to ban Donald. That'd open a HUGE can of worms. Bigger than they have open right now. :man10:
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Re: Donald Sterling: 2 Billion Ballmer bid!

Postby jlkr on Fri May 30, 2014 11:25 am

Shelly had no authorization from Donald or the NBA to do what she did.
But at the same time, she did fabulously well for herself and her family.

The NBA is screwed if they vote to push him out, then try to take over the process. Shelly delivered them the way out, now all they have to do is drop all sanctions on Donald and let the Sterlings sell the team with no further interference from the league. I've posited that Donald wants his name cleared as the price for his allowing this to go forward.

Ballmer has already been investigated in connection with the Sacramento Kings bidding process, so it would be absolutely astounding if the NBA were to shoot itself in the foot and say no to him.

I wonder if there's a clause in the offer that says Ballmer will only deal with the Sterling Family Trust, he is not to deal with the NBA. Say the NBA carries out the vote on Tuesday as promised: Ballmer then makes a generic statement about the coming legal mess and withdraws his offer, then the best the NBA can do is the next best offer of $1.6bn. How quickly can you say lawsuit over that $400m?

Grabbing more popcorn. I see a lot of backroom wheeling and dealing this weekend.
Last edited by jlkr on Fri May 30, 2014 11:34 am, edited 1 time in total.
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Re: Donald Sterling: 2 Billion Ballmer bid!

Postby Lakerjones on Fri May 30, 2014 11:30 am

pound4pound1 wrote:so they ended up 'punishing' the bigot by giving him $2billion for his team...good job, NBA...i'm sure he's real sorry now


Actually I believe he is incredibly bummed. He lost the war when they banned him for life. That was the punishment. The guy already has nearly $2 billion in assets in his trust. He has more money than he could ever spend or get enjoyment from in what's left of his life, which may be shortened by his battle with cancer. The one thing he got off on was the power he felt going to games and being in charge. That was stripped from him.

I agree with realdeal, the one who came out on top was Shelly. But even she lost out in the sense that she seemed hellbent on retaining part ownership of the team. The NBA is ecstatic with this sale - they finally got rid of this guy who has been a blight on them for a long time. It was a win for them and they will vote it through.

Unless some thing really miraculous comes up for the Donald in the next few days I don't see what recourse he has left. They invoked the wording of the Living Trust and he might protest but he's been deemed incapacitated and by it does not need to be court verified apparently in any regard. Sounds binding.

Like realdeal, I might even feel some sympathy for the guy except that he's been a complete jerk for as long as I can remember. So nah.
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Re: Donald Sterling: 2 Billion Ballmer bid!

Postby Lakerjones on Fri May 30, 2014 11:32 am

jlkr wrote:Shelly had no authorization from Donald or the NBA to do what she did.
But at the same time, she did fabulously well for herself and her family.

The NBA is screwed if they vote to push him out, then try to take over the process. Shelly delivered them the way out, now all they have to do is drop all sanctions on Donald and let the Sterlings sell the team with no further interference from the league. I've posited that Donald wants his name cleared as the price for his allowing this to go forward.

Ballmer has already been investigated in connection with the Sacramento Kings bidding process, so it would be absolutely astounding if the NBA were to shoot itself in the foot and say no to him. I wonder if there's a clause in the offer that says Ballmer will only deal with the Sterling Family Trust, he is not to deal with the NBA.

Grabbing more popcorn. I see a lot of backroom wheeling and dealing this weekend.


She had authorization from both. One in the form of a Living Trust that was agreed upon when Donald was presumably of sound mind or at least his lawyer was, and in the other case the NBA worked with her to get the sale. It was in everyone's best interest except the Donald but he's out to lunch.
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Re: Donald Sterling: 2 Billion Ballmer bid!

Postby therealdeal on Fri May 30, 2014 11:41 am

jlkr wrote:Shelly had no authorization from Donald or the NBA to do what she did.
But at the same time, she did fabulously well for herself and her family.

The NBA is screwed if they vote to push him out, then try to take over the process. Shelly delivered them the way out, now all they have to do is drop all sanctions on Donald and let the Sterlings sell the team with no further interference from the league. I've posited that Donald wants his name cleared as the price for his allowing this to go forward.

Ballmer has already been investigated in connection with the Sacramento Kings bidding process, so it would be absolutely astounding if the NBA were to shoot itself in the foot and say no to him.

I wonder if there's a clause in the offer that says Ballmer will only deal with the Sterling Family Trust, he is not to deal with the NBA. Say the NBA carries out the vote on Tuesday as promised: Ballmer then makes a generic statement about the coming legal mess and withdraws his offer, then the best the NBA can do is the next best offer of $1.6bn. How quickly can you say lawsuit over that $400m?

Grabbing more popcorn. I see a lot of backroom wheeling and dealing this weekend.

I don't see it anymore. The NBA really can't afford to continue this battle. There's too much at stake. Shelly gave them everything they wanted, they just have to swallow their pride and let it go. She won the game.

If they go to vote, this mess goes away.

The backroom dealing I see still happening is kind of what you said here: if the NBA DOES continue the fight, Ballmer backs out. If the let the sale go through, I'm guessing the Sterlings are going to give him back a little bit of that 2 billion in some way because he's WAY overpaying for this team. I'm guessing that agreement is already in place so that Shelly can play Checkmate.
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Re: Donald Sterling: 2 Billion Ballmer bid!

Postby LTLakerFan on Fri May 30, 2014 11:46 am

"Shelly had no authorization from Donald or the NBA to do what she did.
But at the same time, she did fabulously well for herself and her family."


And everyone saying this knows what is going on behind he Sterlings' and lawyers' closed doors how?

We've all agreed, to get maximum dollar value from the sale of the team it had to happen quickly and the team NOT devalue in a long court process. The league of course did not want Shelly retaining half or any part. But they also, don't you think, didn't want her running the process because Donald and her certainly can still talk away from Staples. I just don't know how you can be so sure a lot of quick planning with Donald involved, did not go into this.

Watch Shelly retain a suite, and with Donald no longer involved with the team, as a "civilian" what if he wants to have a party up in that suite going forward, in the good ole USA and the league says NO, you can't go inside the building? Honest question? Seems like he could still sue the hell out of them and still threaten to open up the whole big can of dirt on everyone if they don't relent. But I don't know. Just wondering.
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Re: Donald Sterling: 2 Billion Ballmer bid!

Postby Rooscooter on Fri May 30, 2014 12:02 pm

Team Sterling is schooling the NBA here IMHO. First Don goes on TV and gives a partially lucid interview to CNN... seemed crazy at the time that his attorneys would allow that but in the end it was brilliant..... Then he relinquishes control of the team to his wife.... then she sells it out from under the NBA to Ballmer using the mentally incapacitated exemption in CA law..... now we find that Don has an official diagnosis of Alzheimer's disease.

I think this was orchestrated while Don was silent in those first 2 weeks. Everything after was a careful plan and it's seemed to work perfectly for them.
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Re: Donald Sterling: 2 Billion Ballmer bid!

Postby jlkr on Fri May 30, 2014 12:27 pm

Had not realized the Sterlings used the conservatorship clause in CA law to get around the league not wanting to deal with Shelly.

Brilliant. The NBA got played.

Really no choice now but to go along with the Sterlings. Or get sued. On the surface, would not be surprised if Ballmer let it slip behind closed doors that he would withdraw his offer if the NBA undercuts the Sterlings. Also I think there has to be a hidden agreement that the Sterlings will rebate a chunk of change to Ballmer at the back end of the deal. One way to do that might be to transfer ownership of a few real estate properties on the sly a year or two from now.
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Re: Donald Sterling: 2 Billion Ballmer bid!

Postby therealdeal on Fri May 30, 2014 12:38 pm

Dude I just said what you said... In response to your post!

Don't say my idea and claim it's yours! Shenanigans!
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Re: Donald Sterling: 2 Billion Ballmer bid!

Postby jlkr on Fri May 30, 2014 12:51 pm

therealdeal wrote:Dude I just said what you said... In response to your post!

Don't say my idea and claim it's yours! Shenanigans!

Shenanigans!
:man12:

While we're at it, let's haul down Rooscooter.
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Re: Donald Sterling: 2 Billion Ballmer bid!

Postby puffyusaf#2 on Fri May 30, 2014 1:10 pm

Rooscooter wrote:Team Sterling is schooling the NBA here IMHO. First Don goes on TV and gives a partially lucid interview to CNN... seemed crazy at the time that his attorneys would allow that but in the end it was brilliant..... Then he relinquishes control of the team to his wife.... then she sells it out from under the NBA to Ballmer using the mentally incapacitated exemption in CA law..... now we find that Don has an official diagnosis of Alzheimer's disease.

I think this was orchestrated while Don was silent in those first 2 weeks. Everything after was a careful plan and it's seemed to work perfectly for them.

I was going to come in and say something similar.

People thinking Donald lost is, in my mind, crazy. He is a billionaire for a reason. If he was mentally incapable that would of come out immediately cause the league would not be able to move against a person with a mental disability like they did instead they would have had to make sure Shelly took over the franchise so the franchise would not suffer for "basketball reasons." Donald messed up and knew it. He could fight the long drawn out battle which I believe he would of won but he would not have gotten 3 times the price for his basketball team if he did drag it out. Now, with this diagnosis the league losses another one of its shakey stepping stones. The Sterlings played chess (only way to describe it) while the league was still trying to get into the front door. Silver has no choice but to bow to it because frankly the owners have no interest in voting Sterling out in my opinion. Mark Cuban has all but said as much this whole time. You don't become filthy rich and staying that way by being stupid enough to throw rocks in a glass house.
For what it's worth, the Lakers also clinched the Pacific Division, an achievement Bryant dismissed by saying "We don't hang divisions." No, only the big NBA championship banners are considered wall-worthy for the Lakers.
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Re: Donald Sterling: 2 Billion Ballmer bid!

Postby therealdeal on Fri May 30, 2014 1:15 pm

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Re: Donald Sterling: 2 Billion Ballmer bid!

Postby puffyusaf#2 on Fri May 30, 2014 1:18 pm

:man10:
For what it's worth, the Lakers also clinched the Pacific Division, an achievement Bryant dismissed by saying "We don't hang divisions." No, only the big NBA championship banners are considered wall-worthy for the Lakers.
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Re: Donald Sterling: 2 Billion Ballmer bid!

Postby LTLakerFan on Fri May 30, 2014 1:29 pm

Ummm…..no "LT has had some pretty good observations in all of this….. attaboys" ? :what: :wave:














(once the extent of CA law and their rights in a court of law had been pointed out by several of you) :man10:


Who said "chess" first? :man1:
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Re: Donald Sterling: 2 Billion Ballmer bid!

Postby puffyusaf#2 on Fri May 30, 2014 1:35 pm

LTLakerFan wrote:Watch Shelly retain a suite, and with Donald no longer involved with the team, as a "civilian" what if he wants to have a party up in that suite going forward, in the good ole USA and the league says NO, you can't go inside the building? Honest question? Seems like he could still sue the hell out of them and still threaten to open up the whole big can of dirt on everyone if they don't relent. But I don't know. Just wondering.


To answer your question the league really put their foot in their mouths here. If Shelly or anyone else owns a suite that Donald wants to rent they can't say he cant because the league doesn't own the building. Im sure there is some form of rule that people can be banned from arenas due to conduct but I cannot see how Sterling's words would fall under that category. If they did try to ban him from the games I could very well see a lawsuit coming. Of course i don't see them attending any clippers games in the future.
For what it's worth, the Lakers also clinched the Pacific Division, an achievement Bryant dismissed by saying "We don't hang divisions." No, only the big NBA championship banners are considered wall-worthy for the Lakers.
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Re: Donald Sterling: 2 Billion Ballmer bid!

Postby LTLakerFan on Fri May 30, 2014 1:52 pm

Oh she will for sure want to keep a suite to entertain her gal pals. What else is she going to do. And still be in the limelight. And Donald, just to say F*** Y** to the league, while looking for more litigation to pursue if they don't bend over for him now and shut the hell up. Not to mention, maybe while up there for hours and hours he can have his lawyers there too, working on all his new law suits. :man9: :man10:
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Re: Donald Sterling: 2 Billion Ballmer bid!

Postby John3:16 on Fri May 30, 2014 3:23 pm

The Don is now suing the NBA for a Billion and will take home a Billion on the sale, with his wife getting the other Billion.

Could be a $3 Billion return on a $12.5 million investment. God Bless America!
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Re: Donald Sterling: 2 Billion Ballmer bid!

Postby LTLakerFan on Fri May 30, 2014 3:28 pm

:man10: :man10: :man10: :man10: :man10: most recent from Woj below. Who knows what they are all cooking up?? He mentions the league still wanting to go ahead with a vote. Popcorn time for sure next several days at least


Lawyer: Donald Sterling to sue NBA for $1 billion
Adrian Wojnarowski By Adrian Wojnarowski
51 minutes ago
Yahoo Sports

Sterling's decision comes one day after his wife Shelly Sterling reached agreement to sell the franchise for $2 billion to former Microsoft CEO Steve Ballmer. Donald Sterling is "looking … separately" at possible legal action to stop the team's sale to Ballmer, Donald Sterling's attorney, Max Blecher, told Yahoo Sports.

The purpose of the $1 billion lawsuit against the NBA, Blecher said, is to seek damages for Sterling's lifetime ban and termination of ownership.

NBA commissioner Adam Silver banned Donald Sterling from the league for life, fined him $2.5 million and is seeking termination of Sterling's ownership of the Clippers after TMZ published an audio recording of Sterling telling his girlfriend he didn't want her bringing African-Americans to Clippers games. The league is proceeding with plans to hold a Tuesday hearing where the other 29 franchise owners will vote on whether to oust Sterling.

Shelly Sterling's attorneys produced a document signed by Donald Sterling on May 22 in which he agreed to allow Shelly to negotiate the sale of the franchise. Working to get a deal done ahead of Tuesday's hearing, Shelly Sterling selected Ballmer's $2 billion bid over reported bids of $1.6 billion by David Geffen and members of the Guggenheim Group, which own the Los Angeles Dodgers; and $1.2 billion by a group that included former NBA player Grant Hill and Los Angeles investors Tony Ressler and Bruce Karsh.

Blecher and Donald Sterling's other attorneys have said he has since changed his mind and did not want to sell the team.

Shelly Sterling and Ballmer signed the agreement of sale late Thursday. The Sterlings co-own the Clippers through a family trust, and Blecher disputed reports Friday that alleged Donald Sterling is "mentally incapacitated" and unable to make decisions on whether to sell the franchise.


http://sports.yahoo.com/news/lawyer--do ... 07563.html
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Re: Donald Sterling: 2 Billion Ballmer bid!

Postby Rooscooter on Fri May 30, 2014 3:30 pm

Bring it........
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Re: Donald Sterling: 2 Billion Ballmer bid!

Postby LTLakerFan on Fri May 30, 2014 3:54 pm

Maybe the old goat really is crazy. :what: Why not let the 2 billion :man4: deal go through, and then still exact his pounds of flesh against everyone on top of that? The value only goes down if he nullifies this deal and drags things out.

What do you think, Roo? Chess still, or he is being allowed by his lawyer to be a crazy fool? For the lawyer's own best interests.
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Re: Donald Sterling: 2 Billion Ballmer bid!

Postby Lakerjones on Fri May 30, 2014 4:30 pm

:man10: :man10: :man10: Ah, that's the Donald we all know and love. How could I ever doubt that he'd do something to throw a wrench even in what seemed like an airtight situation. Yeah, the old goat is definitely off his rocker - either that or this is just a really great act. Either way, right when I thought it was over he brings it back. Awesome!! This seems like it will be epic.
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Re: Donald Sterling: 2 Billion Ballmer bid!

Postby Psychobroker on Fri May 30, 2014 5:52 pm

Oh he'll get everything he's aiming for... if he brings suit to try to stop the sale (doubtful), it will be a separate suit. He has so many options, it's ridiculous.
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Re: Donald Sterling: 2 Billion Ballmer bid!

Postby CaCHooKa Man on Fri May 30, 2014 6:08 pm

well that made NBA team values skyrocket. the lakers gotta be worth at least $5 billion now.
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Re: Donald Sterling: 2 Billion Ballmer bid!

Postby LTLakerFan on Fri May 30, 2014 6:59 pm

Well :man10: :man10: maybe they get their 2 Billion and Sterling sues the NBA because they made them sell to get the 2 billion. BUT….to get Silver and the League to let her proceed with the sale, Shelly has agreed to "indemnify" them against any losses they might suffer from any of Donald's law suits. :man10: This is crazy. Now Woj says the vote won't be to oust Sterling but to approve Ballmer on Tuesday. I just hope Donald shows up. :man10: :jam2:


NBA to vote to approve Steve Ballmer as Clippers' new owner; cancels Sterling family termination hearing
Adrian Wojnarowski By Adrian Wojnarowski
4 hours ago
Yahoo Sports

The NBA's Board of Governors will vote to approve Steve Ballmer as the Los Angeles Clippers' owner after the league canceled Tuesday's hearing to terminate the Sterling family's ownership of the team – a move that will likely end Donald Sterling's 33-year reign atop the franchise.

The NBA released a statement Friday evening saying it has resolved its dispute with Shelly Sterling, Donald Sterling's wife. As part of the agreement, the league said Shelly Sterling and the family trust won't sue the NBA and agreed "to indemnify the NBA against lawsuits from others, including from Donald Sterling."

The NBA's announcement came shortly after Donald Sterling filed a $1 billion lawsuit against the NBA. The indemnification agreement means Shelly Sterling will protect the league from any financial losses it could suffer in a lawsuit by her husband.

Asked if Donald Sterling has any remaining legal avenue to prevent Ballmer from taking ownership, one source involved in the sales process said, "No. He is totally boxed in."

Shelly Sterling reached agreement late Thursday to sell the franchise for $2 billion to Ballmer, the former Microsoft CEO. Donald Sterling is "looking … separately" at possible legal action to stop the team's sale to Ballmer, Donald Sterling's attorney, Max Blecher, told Yahoo Sports Friday afternoon before the NBA's announcement.

The purpose of the $1 billion lawsuit against the NBA, Blecher said before the NBA's announcement, is to seek damages for Sterling's lifetime ban and termination of ownership. The lawsuit alleges Donald Sterling's constitutional rights were violated from using information from an "illegal" recording. The NBA called the lawsuit baseless.

NBA commissioner Adam Silver banned Donald Sterling from the league for life, fined him $2.5 million and is seeking termination of Sterling's ownership of the Clippers after TMZ published an audio recording of Sterling telling his girlfriend he didn't want her bringing African-Americans to Clippers games. The hearing for the league's other 29 franchise owners to vote on Sterling's ouster had been scheduled for Tuesday.

Shelly Sterling's attorneys produced a document signed by Donald Sterling on May 22 in which he agreed to allow Shelly to negotiate the sale of the franchise. Working to get a deal done ahead of the hearing, Shelly Sterling selected Ballmer's $2 billion bid over reported bids of $1.6 billion by David Geffen and members of the Guggenheim Group, which own the Los Angeles Dodgers; and $1.2 billion by a group that included former NBA player Grant Hill and Los Angeles investors Tony Ressler and Bruce Karsh.

Blecher and Donald Sterling's other attorneys said he since changed his mind and did not want to sell the team.

Shelly Sterling and Ballmer signed the agreement of sale late Thursday. The Sterlings co-own the Clippers through a family trust, and Blecher disputed reports Friday that alleged Donald Sterling is "mentally incapacitated" and unable to make decisions on whether to sell the franchise.

Sterling purchased the Clippers for $12.5 million in 1981 and moved them from San Diego to Los Angeles in 1984.

http://sports.yahoo.com/news/lawyer--do ... 07563.html
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