Judge rules against Sterling, OKs $2 billion sale to Ballmer
LOS ANGELES (AP) — Donald Sterling’s ship has sailed.
The Los Angeles Clippers are about to belong to Steve Ballmer after a judge ruled against Sterling, clearing the way for the record-breaking $2 billion purchase of the NBA team by the former Microsoft CEO. Judge Michael Levanas sided with Sterling’s estranged wife in the case that arose after the 80-year-old billionaire was banned by the league for making offensive remarks about blacks.
Shelly Sterling sought the court’s approval for the deal she negotiated after taking control of a family trust. She removed her husband as a trustee after two doctors found he had Alzheimer’s disease and couldn’t manage his affairs.
Donald Sterling can still fight the decision through the appeals process. However, an unusual provision of the ruling bars him from seeking a court-ordered delay of the sale as he appeals. His lawyers plan to seek permission from an appellate court to file an appeal.
Donald Sterling claimed his wife deceived him about the medical exams and has vowed to fight the NBA until his death.