Jun 10, 2014, 6:15 PM EDT
Donald Sterling is going ahead with his $1 Billion lawsuit against the NBA and Adam Silver, a story that grabs headlines.
But if he doesn’t win in probate court against his wife Shelly Sterling that lawsuit is an exercise in futility.
Shelly Sterling is heading to probate court Wednesday to start the process to pre-empt any efforts by her husband Donald to re-instate himself in the family trust, which would allow him to block the sale of the team, reports the Associated Press.
Shelly Sterling will go to probate court Wednesday to seek an emergency order for a hearing so a judge can confirm her authority to sell the Los Angeles Clippers, according to an individual familiar with the matter….
The aim of Sterling’s court bid is to have a judge confirm provisions of the family trust to ensure the Ballmer sale moves forward without a hitch. Donald Sterling has the right to present his side at any hearing and appeal any decision.
His attorney Maxwell Blecher said a representative for Donald Sterling will likely be at any hearing but declined to comment further Tuesday. Sterling’s attorneys have called the idea that he is mentally incapacitated “absurd.”
Here’s the backstory: Shelly and Donald Sterling co-owned the Clippers through the Sterling Family Trust. However, after some neurological exams following his appearance on CNN the doctors concluded he could be ruled incapacitated under the terms of the Tryst. Shelly had Donald declared incapacitated, and that Machiavellian move gave Shelly full control of the trust and the team, and she used that control to set up the sale of the team to Steve Ballmer for a record $2 billion.
That sale with Ballmer would give Shelly Sterling “owner emeritus” status including floor seats to home games, parking spots, championship rings if the Clippers ever win one, and she would control a charity set up out of the proceeds of the sale of the team and loosely tied to the Clippers. Basically, she would get to still be around the team.
Donald Sterling still faces a lifetime ban from the league as well as $2.5 million fine.
Should Donald be successful with this process and he is able to reinstate his authority with the trust and to block this sale, the NBA will move back to its original plan and call for a vote of the owners to strip the Sterlings of their ownership. That’s what Sterling’s original lawsuit was aimed to block, but most legal experts think the league prevails because this is a franchise situation. Basically, the other owners have the right to vote Donald Sterling out of the club if he is bad for business (and sponsors have already pulled out from the team, they did so during the playoffs).
But it never gets to that if Shelly Sterling wins in probate court.
Jul 1, 2015, 12:41 AM EDT
This was expected.
Jul 1, 2015, 12:39 AM EDT
A replacement for Nicolas Batum on the wing.
Jul 1, 2015, 12:15 AM EDT
Davis will be in New Orleans through at least 2020.
Jul 1, 2015, 12:13 AM EDT
Love said he was committed to Cleveland, now he is flirting with other teams.
Jun 30, 2015, 11:00 PM EDT
Kobe being in the room is not guaranteed, but it helps.
Jun 30, 2015, 10:00 PM EDT
I didn’t know he had that in him.
Jun 30, 2015, 9:01 PM EDT
The Clippers want him, but they have other, larger concerns.
Jun 30, 2015, 8:16 PM EDT
It’s a deep pool of shooters in free agency.
Jun 30, 2015, 7:34 PM EDT
It’s the Lakers being the Lakers again.
Jun 30, 2015, 6:45 PM EDT
Mo Williams can still score, he’d be a good pickup for the Cavs.
Jun 30, 2015, 6:03 PM EDT
Monroe finally has the free agency he turned down a lot of cash to get.
Jun 30, 2015, 5:15 PM EDT
The big men will set the market.
Jun 30, 2015, 4:44 PM EDT
There is a clear compromise of three years at the max, but will the Bulls and Butler get there
Jun 30, 2015, 4:15 PM EDT
Big men like LaMarcus Aldridge and DeAndre Jordan will shape the free agency landscape.
Jun 30, 2015, 3:45 PM EDT
Sorry Scottie, LeBron is just the better player.
Jun 30, 2015, 3:03 PM EDT
He’s reportedly seeking a shorter deal, too, which negates L.A.’s inherent advantage.
Jun 30, 2015, 2:20 PM EDT
Shumpert is a restricted free agent, so Cavaliers can match any offer he might receive.
Jun 30, 2015, 1:30 PM EDT
It only takes one team to make Miami nervous.
Jun 30, 2015, 12:45 PM EDT
His brother said so in a radio interview.
Report: Kings probing John Calipari about his interest in coaching and running the team’s front office
Jun 30, 2015, 11:58 AM EDT
Ownership in Sacramento continues to be a disaster.
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