Donald Sterling Allowing Wife to Sell Clippers is About Money, Not Saving Face
Well, that didn’t take long. Just a few days after asinine Los Angeles Clippers owner Donald Sterling said he was going to fight the NBA on its ruling of a forced sale of the franchise, the 80-year-old billionaire has agreed to allow his estranged wife, Shelly Sterling, to negotiate that sale. And if you think this is about saving face, you’re as foolish as the old geezer.
No reason has been cited yet for the change of hearts by the Sterlings, but here’s a safe bet: their lawyers figured out they’d get a lot more in a sale of the team by cooperating than if the legal battle ended in the league’s favor and an involuntary sale was forced.
So basically, the Sterlings are now going along with the NBA’s ruling, which includes a lifetime ban of the Mr. Sterling from the league, so they can get as much money as possible from this deal and then head off to a private island for the remainder of their lives. So much for a “punishment” for a billionaire living in Los Angeles.
If you think about it, this whole thing actually helped Mr. Sterling because the Clippers were valued at around $1.5 billion before his scandal with V. Stiviano, who is an entirely different basket case herself. Now, after all the publicity, albeit it mostly negative, the rumored offers for the Clippers are pushing $2 billion and will likely hit or exceed that number once a final sale is made.
So while Mr. Sterling and Stiviano give opposite testimonies to the press about their “relationship” and sexual encounters (or lack thereof, depending on which one you listen to), they’re both making out like bandits from all this.
Put simply, this is a sick world with some sick people living in it.
Buss' Comments On Kobe and Free Agents Are Spot On
Los Angeles Lakers president Jeanie Buss calls players "losers" in response to speculation that free agents don't want to play with Kobe Bryant. Read More