Sterling, 80, has owned the Clippers for 33 years, making him the NBA’s longest-tenured owner. On Monday the league filed an official termination charge against Sterling, setting in motion an official vote amongst the league’s owners. That no longer seems to be necessary as Sterling has reportedly accepted the basis of his ousting from the league, provided that a suitable arrangement can be made to satisfy all parties involved.
Following the charge for Sterling’s termination earlier this week, attorney Pierce O’Donnell issued a statement on behalf of Shelly Sterling.
“We have just received the voluminous charges and are beginning the process of carefully reviewing them,” O’Donnell said. “Based on our initial assessment, we continue to believe there is no lawful basis for stripping Shelly Sterling of her 50 percent ownership interest in the Clippers. She is the innocent estranged spouse. We also continue to hope that we can resolve this dispute with the NBA for the good of all constituencies.”
If Shelly Sterling and her representatives maintain that position as this process moves forward, the ordeal of procuring new ownership for the Clippers could be dragged out yet.
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