May 12, 2014, 6:01 PM EDT
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.
Jul 23, 2014, 1:00 AM EDT
As Cavaliers position themselves for Kevin Love trade, now was the time to sign No. 33 pick
Jul 23, 2014, 12:00 AM EDT
Bzdelik, who most recently coached Wake Forest, previously served as Nuggets head coach
Jul 22, 2014, 11:20 PM EDT
Bieber wearing a Nets hat, so you know what that means…
Jul 22, 2014, 10:20 PM EDT
Donald’s lawyer says ruling might not come for years
Jul 22, 2014, 9:20 PM EDT
Devin Harris 2.0?
Jul 22, 2014, 8:20 PM EDT
Brooklyn reaches regular-season roster limit of 15 players
Jul 22, 2014, 7:22 PM EDT
Utah reportedly trades John Lucas III, Malcolm Thomas and Erik Murphy to Cleveland for Carrick Felix, second-round pick and $1 million
Jul 22, 2014, 6:53 PM EDT
Sterling will be removed as Clippers owner one way or another because he is toxic to the organization right now.
Jul 22, 2014, 6:02 PM EDT
He’s going to get some of Paul Pierce’s minutes.
Jul 22, 2014, 5:11 PM EDT
Adam Silver does the classy thing. Again.
Jul 22, 2014, 4:20 PM EDT
Evan Turner is now a reclamation project — if he wants to get paid he has to become more efficient.
Jul 22, 2014, 3:38 PM EDT
It means the Timberwolves want to send Kevin Martin out in the Love deal, Cavs trying to make that happen.
Jul 22, 2014, 2:46 PM EDT
Once signed, he can’t be traded for 30 days … to the Timberwolves, for example.
Jul 22, 2014, 2:04 PM EDT
Taj Gibson and Jimmy Butler would reportedly be sent to Minnesota.
Jul 22, 2014, 1:42 PM EDT
Blake Griffin, James Harden, Kawhi Leonard and Damian Liillard among players who would face fines if they participated in a planned exhibition in Manila.
High school standout Emmanuel Mudiay skips college for China payday. You’ll see more of this if age limit goes up.
Jul 22, 2014, 1:01 PM EDT
If the age limit jumps to 20 more players will choose getting paid over college.
Jul 22, 2014, 12:27 PM EDT
Wizards take a more subtle approach than some of the others we’ve seen.
Jul 22, 2014, 11:49 AM EDT
Rookies Doug McDermott and Marcus Smart make the cut to train with the National Team in Vegas.
Jul 22, 2014, 11:13 AM EDT
Vujacic is known for his time with the Lakers, and hasn’t played meaningful minutes since 2011.
Jul 22, 2014, 10:37 AM EDT
Kings go nuts after winning Summer League championship.
- Justin Bieber and Kevin Durant share brunch (photo) 8
- Clippers CEO: If Sterling remains owner then Doc Rivers, players, sponsors all ready to bolt 43
- Report: Cavaliers trying to acquire other players to put in Kevin Love trade 54
- Report: Bulls making push to trade for Kevin Love 70
- Seven standout players from Las Vegas Summer League 10
- Maverick Carter: LeBron James and Dwyane Wade still speak nearly daily 37
- Red hot Ray McCallum leads Sacramento Kings to Summer League title with 77-68 win against Houston 3
- Lakers great Michael Cooper diagnosed with cancer 16