Sterling backs out of record $2 billion deal for Clippers
By Catholic Online (NEWS CONSORTIUM)
6/10/2014 (3 years ago)
Catholic Online (www.catholic.org)
In a move-which some may not find surprising-Donald Sterling, owner of the NBA's Clippers franchise, has backed out of a record $2 billion deal with a former Microsoft executive to sell the team.
Donald Sterling's troubles began after a recording of racist remarks he made were made public.
LOS ANGELES, CA (Catholic Online) - Sterling, the owner of the Los Angeles based team, issued a statement on June 9, saying he is going to proceed with a $1 billion lawsuit against the National Basketball Association, accusing the league of violating his rights.
NBA Commissioner Adam Silver imposed $2.5 million fine and a lifetime ban on Sterling after recordings of racists remarks from Sterling were made public. The league also pressured Sterling and his ex-wife to sell the team.
Sterling's lawyer said he changed his mind on his estranged wife's brokered deal with Steve Ballmer, Microsoft's former chief executive officer, after he learned that Silver would not lift the ban or withdraw the fine.
The statement acknowledged that his "position may not be popular, I believe my rights to privacy and the preservation of my rights to due process should not be trampled."
Copyright 2017 - Distributed by THE CALIFORNIA NETWORK
Pope Francis Prayer Intentions for JUNE 2017
National Leaders. That national leaders may firmly commit themselves to ending the arms trade, which victimizes so many innocent people.
Super Bowl Sunday. It's as American as apple pie, but in recent years, controversy has erupted over the beloved American pastime and - ... continue reading
The Chicago Cubs have won the 2016 World Series in a 10-inning game, beating the Cleveland Indians 4-3. The win breaks a 108-year losing ... continue reading
The world lost a great human being and legendary sportsman in Arnold Palmer. The golfer passed away on September 25, a day before he was to ... continue reading
On Sept. 2, Dodger Stadium served as the center of a massive Venn diagram of local Catholics and lifelong fans of the Los Angeles Dodgers, ... continue reading
The Freedom From Religion Foundation (FFRF) group has accused Georgia football coach Mark Richt of forcing his beliefs onto the college ... continue reading
by Catholic Online
- Is the 'Gaucho Priest' the Devil's worst nightmare?
- Daily Readings for Monday, June 26, 2017
- Slovakia Catholics gift Iceland with a beautiful new church
- St. Anthelm: Saint of the Day for Monday, June 26, 2017
- Daily Reading for Monday, June 26th, 2017 HD Video
- Daily Reading for Tuesday, June 27th, 2017 HD Video
- Catholic hero gifted most prestigous award after saving woman's life ...
- Daily Reading for Sunday, June 25th, 2017 HD
- Pope Francis prepares an incredible gift of love and solidarity for South Sudan HD
- St. Emma HD
- Daily Reading for Saturday, June 24th, 2017 HD