July 11, 2025 #1 Local News, Information and Event Source for the Century City/Westwood areas.

Los Angeles Clippers Owner Donald Sterling Undecided on Price Tag

 

Sterling has not officially decided on the proposed sale amount of the Clippers.
Sterling has not officially decided on the proposed sale amount of the Clippers.

Contrary to earlier reports, Los Angeles Clippers owner Donald Sterling has not formally agreed to a proposed $2 billion sale of the team to former Microsoft CEO Steve Ballmer, according to the Los Angeles Times.

The primary stumbling block appears to be the $2.5 million fine and lifetime ban the NBA levied against Sterling after it was revealed last month that he made racially charged statements in privately recorded conversations with his companion, V. Stiviano.

When the Ballmer deal was announced May 30, Sterling allegedly believed the fine and punishment would be dropped in exchange for his cooperation with the sale and abandonment of a $1 billion lawsuit against the league for breach of contract, according to the Los Angeles Times.

An anonymous source told the Times Sterling saw a draft of an NBA statement he believed absolved him of all penalties, but he has since learned this is not the case.

“If they interpreted it (the statement) that way, that is wrong,” the source told the Times. “There is no thought of lifting the lifetime ban or the fine being rescinded.”

It is unclear what effect Sterling’s hesitance would have on the proposed sale, which was negotiated by his estranged wife, Shelly.

Earlier this week, his attorney, Max Blecher, told NBC news Sterling would  sign off on the sale because he had resolved all issues with the NBA, the Times and other sources reported.

The league’s approval of the sale, which is required, is still pending and the timetable for completion of the deal was uncertain even before Sterling’s misgivings were raised.

The NBA, the league and the Sterling Family Trust — the formal owner of the Clippers — had reached an agreement under which the trust and Shelly Sterling agreed not to sue the league. Under the agreement, the trust also agreed to indemnify the NBA against “lawsuits from others, including from Donald Sterling.”

In essence, the agreement meant the Sterling Family Trust would have to cover any damages incurred by the NBA if Donald Sterling proceeded with his lawsuit.

Related Posts

L.A. Louver Marks David Hockney’s 88th with Exhibit

July 11, 2025

July 11, 2025

Hockney, a British artist born in 1937, gained fame with the British Pop Art movement and later became known for...

Suspect Arrested in Shoe Retail Theft Spree Across LA County

July 11, 2025

July 11, 2025

During the search, police recovered two firearms and a significant quantity of merchandise The Los Angeles Police Department’s Organized Retail...

California Seizes $476 Million in Illegal Cannabis

July 10, 2025

July 10, 2025

The operation, described as UCETF’s largest to date, involved support from multiple state agencies The state confiscated $476 million worth...

The Reservoir Play Opens at Geffen Playhouse

July 10, 2025

July 10, 2025

The play follows Josh, whose life is unraveling, as he receives unconventional support from his grandparents. Their unsolicited advice, judgments,...

Angelini Grill Opens Limited Run at Peninsula Beverly Hills

July 10, 2025

July 10, 2025

The menu includes tableside Dover Sole, lobster salad, and a signature pasta tasting A new culinary collaboration, Angelini Grill, launched...

Father-Daughter Authors to Host Book Signing to Aid Fire-Affected Women

July 10, 2025

July 10, 2025

Ten percent of proceeds from book and art sales will benefit the Pacific Palisades Rebuilding Fund, a nonprofit initiative created...

Metro Reports Crime Drop, Higher Rider Satisfaction, and Progress on Major Projects

July 9, 2025

July 9, 2025

The Authority said the drop in violent incidents—down to the lowest level since May 2019—coincided with more uniformed personnel and...

The Bar at Century Plaza to Celebrate National Caviar Day with Exclusive Tastings

July 9, 2025

July 9, 2025

The seven-hour event will feature exclusive caviar tastings and champagne pairings The Bar at Fairmont Century Plaza will host a...

Westwood Village Cooking Class to Showcase Spanish Paella

July 9, 2025

July 9, 2025

The class will guide participants through crafting both seafood and vegetarian versions of the iconic Spanish dish Food enthusiasts will...

Unmasking ICE: Senators Push for Visible IDs After Secretive LA Immigration Raids

July 8, 2025

July 8, 2025

Bill Requires Federal Agents to Display Visible Identification During Raids U.S. Senators Alex Padilla (D-Calif.) and Cory Booker (D-N.J.) on...

Bacio di Latte’s Beverly Hills Gelateria Debut Blends Italian Tradition with California Cool

July 8, 2025

July 8, 2025

Gelateria Features In-House Gelato, Espresso Drinks, and Decadent Signature Flavors Bacio di Latte has officially opened its latest U.S. flagship...

Housing for Health Chief Appointed to Lead Unified Homeless Services Department

July 8, 2025

July 8, 2025

Veteran Housing Advocate to Oversee Streamlined LA County Services The Los Angeles County Board of Supervisors on Tuesday confirmed the...

Brentwood Feels Impact as Feds Slash Office Leases Across Los Angeles

July 8, 2025

July 8, 2025

New Tracker Reveals Over 70,000 Square Feet Cut in 2025 Alone Los Angeles County’s office market is experiencing a fresh...

Lost Bunny on the Beat: Beverly Hills Police Seek Owner of Wayward Rabbit

July 8, 2025

July 8, 2025

Fluffy Wanderer Found Near City Hall, BHPD Caring for Missing Pet The Beverly Hills police are caring for a domestic...

Interview: The Dinah Creator Mariah Hanson on Legacy, Change, and the Future of Queer Celebration

July 8, 2025

July 8, 2025

After 34 Groundbreaking Years, Hanson Reflects on Joy, Power, and Her Final Dinah  We spoke with Mariah Hanson, the creator...