Skip to content

Clippers interim CEO says team “will become America’s team if we get this right”

May 12, 2014, 6:01 PM EDT

HBO Documentary Screening Of "Jazz Baroness" Getty Images

When the Clippers are sold out of the Sterlings’ control — and they will be sold, eventually, one way or another — the franchise will fetch a record price. Most people around the league expect a figure around $1 billion. Yes, with a “B.”

David Parsons, the new interim CEO of the Clippers, said his job is to “make sure the boat still floats” until that happens. He’s got to keep the sale price up.

Parsons came off as straight forward in his first meeting with the media, which took place Monday afternoon in Los Angeles. Parsons is the former CEO of Time Warner and the former president of Citigroup. He’s the man appointed by NBA Commissioner Adam Silver to run the Clippers until the sale of the team.

Parsons described his role as “conservator” and “proxy owner” who is in Los Angeles to steer the ship now that owner Donald Sterling has been given a lifetime ban by Silver, and with former team president Andy Roeser on an indefinite leave of absence from the team. Somebody needed to be in charge, Parsons has been given the job for now. The league is paying him, he said, not the Clippers.

Parsons said he saw challenges but a real opportunity with the Clippers and the sale of the team.

“I think the Clippers will become America’s team if we get this right,” Parsons said.

A few other notes from the press conference (broadcast live on Los Angeles radio).

• On how this all ends: “The league will prevail. At the end of the day I believe ownership will change… there’s so much momentum for doing the right thing.”

• Parsons does not know either of the Sterlings and has not spoken to them. He said he would reach out to Shelly Sterling, in hopes that an ugly lawsuit can be avoided. “I think a prolonged legal battle is in no one’s interest.”

• Parsons refused to discuss his personal feelings about the Sterlings, “I’m here to turn one of the burners off under the pot. Not to turn it up higher.”

• That said, while Parsons said he knows almost everyone names as a potential buyer of the team personally, he will not be involved in the sale side of this. That will be run by the league.

Latest Posts
  1. John Wall got a $20,000 portrait of himself for his birthday (PHOTO)

    Sep 3, 2015, 11:15 PM EDT

    John Wall John Wall

    The street artist Madsteez painted the commissioned piece.

  2. Utah’s Dante Exum underwent knee surgery Thursday, likely out for season

    Sep 3, 2015, 7:04 PM EDT

    Dante Exum AP

    He tore the ACL last month playing for Australia.

  3. Ricky Rubio is confident Timberwolves not looking to trade him

    Sep 3, 2015, 5:09 PM EDT

    Minnesota Timberwolves v Sacramento Kings Getty Images

    The trade speculation around him is not based in reality.

  4. Report: Kings signing Eric Moreland

    Sep 3, 2015, 4:14 PM EDT

    Moreland was reportedly considering Pistons and Lakers

  5. Report: J.R. Smith’s 2015-16 salary becomes fully guaranteed Monday

    Sep 3, 2015, 2:21 PM EDT

    LeBron James, Shaun Livingston, Harrison Barnes AP

    Cavaliers craft unusual contract to give Smith a partial guarantee next season

  6. Doc Rivers says Paul Pierce chose Clippers over Celtics this summer

    Sep 3, 2015, 8:00 AM EDT

    Boston Celtics forward Paul Pierce reacts to a call by the officials in Boston Reuters

    He will be remembered as a Celtic, but Los Angeles is his hometown.

Top 10 NBA Player Searches
  1. D. Rose (2176)
  2. K. Irving (1803)
  3. A. Davis (1635)
  4. L. James (1450)
  5. K. Bryant (1403)
  1. K. Durant (1333)
  2. A. Aminu (1258)
  3. T. Thompson (1227)
  4. M. Leonard (1221)
  5. A. Jefferson (1212)