New
League's Board of Governors still need to approve sale
The Associated Press Posted: May 30, 2014 7:24 PM ET Last Updated: May 30, 2014 7:26 PM ET
The NBA has cancelled its hearing to consider Donald Sterling's ownership of the Los Angeles Clippers, saying the team will be sold to Steve Ballmer.
The league says in a statement that it has resolved its dispute over the franchise's ownership with Shelly Sterling and the Sterling Family Trust. They agreed to sell the franchise to Ballmer on Thursday for $2 billion US.
According to a statement Friday, Shelly Sterling and the Trust "also agreed not to sue the NBA and to indemnify the NBA against lawsuits from others, including from Donald Sterling."
With that, "the NBA will withdraw its pending charge to terminate the Sterlings' ownership of the team."
The NBA had charged Donald Sterling with damaging the league by making racist comments and planned the hearing for Tuesday, where league owners could have terminated his ownership — and Shelly's as well.
Comments on this story are moderated according to our Submission Guidelines. Comments are welcome while open. We reserve the right to close comments at any time.
Note: The CBC does not necessarily endorse any of the views posted. By submitting your comments, you acknowledge that CBC has the right to reproduce, broadcast and publicize those comments or any part thereof in any manner whatsoever. Please note that comments are moderated and published according to our submission guidelines.
0 komentar:
Posting Komentar