PDA

View Full Version : BREAKING: Judge denies Donald Sterling's attempt to block sale, team can now be sold



Fudge
07-28-2014, 05:52 PM
Boom!!!!!


Marc Stein ‏@ESPNSteinLine 6m
RT @adbrandt: Judge has ruled for Shelly Sterling on all counts. Stage is set for Ballmer $2 billion transaction to go through. #Clippers


LOS ANGELES — A probate court judge ruled Monday that Donald Sterling, the owner of the Los Angeles Clippers, could not block the sale of the team that his wife, Rochelle, brokered for $2 billion against his wishes.

The judge, Michael Levanas, said that he found Rochelle Sterling to be a more credible witness than her husband, who acted erratically during several days of testimony, raising his voice at lawyers from both sides, and referring to his wife as “a pig.”

Levanas also ruled that the sale could go through immediately.

The central question in the case was whether Rochelle Sterling acted properly in removing her estranged husband from their trust.

Two doctors declared Donald Sterling incapacitated after examining him, which Rochelle Sterling’s lawyers have said satisfied the trust’s requirement to remove someone as co-trustee.

Donald Sterling’s lawyers said he was duped into taking the exams, which they have argued were used as a pretense to take the team away from him.

Rochelle Sterling agreed in May to sell the team to Steve Ballmer, the former Microsoft executive, for $2 billion, a record for the N.B.A.
http://www.nytimes.com/2014/07/29/sports/basketball/judge-ruling-donald-sterling-sale-clippers.html?smid=tw-bna&_r=0

navy
07-28-2014, 05:52 PM
Sauce?

ballup
07-28-2014, 05:53 PM
That was a fine read.

Donkey4trading
07-28-2014, 05:53 PM
Great read

Fudge
07-28-2014, 05:55 PM
There you go, clowns.

BOOM!!!

stalkerforlife
07-28-2014, 05:57 PM
Why was Sterling forced to sell his team over a private conversation?

Biggest sham in NBA history. :roll:

tontoz
07-28-2014, 05:57 PM
The more he ran his mouth the more he showed his incompetence.

navy
07-28-2014, 06:01 PM
He must be senile.

fpliii
07-28-2014, 06:02 PM
I thought this was going to drag out more.

navy
07-28-2014, 06:02 PM
I thought this was going to drag out more.
He can probably appeal..

qrich
07-28-2014, 06:05 PM
He can probably appeal..

He can, and he will.

This is wil be extended and extended.

ballup
07-28-2014, 06:05 PM
Why was Sterling forced to sell his team over a private conversation?

Biggest sham in NBA history. :roll:
Contracts. They all powerful no matter how unfair you may think their clauses are.

Soundwave
07-28-2014, 06:06 PM
For the best. The Clippers aren't even worth $2 billion (that's more than the estimated value of the Lakers, lol), so if Sterling is going to cry about this, he can cry all the way to the bank.

Players were going to boycott if Sterling remained owner of the team, I have zero doubt about it. Then it would've just become an on-going gong show that overshadowed the rest of the season.

Real Men Wear Green
07-28-2014, 06:06 PM
Why was Sterling forced to sell his team over a private conversation?
That was the catalyst but technically his wife had him declared a senile old **** and then sold the team without his consent. Though he will receive his share of the payment he did not sell the team, she did, and if he did not sell the team then he technically was not forced to sell the team. So you can feel better about that, right?

PleezeBelieve
07-28-2014, 06:12 PM
Racists throughout the country are very sad right now

navy
07-28-2014, 06:13 PM
Contracts. They all powerful no matter how unfair you may think their clauses are.
What contract?

ballup
07-28-2014, 06:18 PM
What contract?
The ones he signed before he became an owner?

navy
07-28-2014, 06:22 PM
The ones he signed before he became an owner?
That isnt what happened the though. He was joint owner with the Clippers and then declared mentally incapacitated by a doctor. Meaning he no longer had authority to make joint decisions. From which Shelly could do as she pleases and sell the team.

Unless you mean contracts involving Shelly and Donald. :confusedshrug:

kennethgriffin
07-28-2014, 06:23 PM
this might keep future owners from even cosidering "owning" an nba franchise... dropping hundreds of millions and even sometimes billions of dollars into a team they don't even actually "OWN"


and LOL@ a wife selling your shit out from under you

also seems highly illegal


being racist is not against the law*****************

L8krH8tr
07-28-2014, 06:27 PM
Dayum i wanna be Shelly Sterlings boy toy, some nice wrinkled granny puussy.

Darius
07-28-2014, 06:28 PM
He can, and he will.

This is wil be extended and extended.

He can't stop the sale. Judge says sale cannot be stopped.

He can appeal after the fact but it is a major uphill battle.

ThePhantomCreep
07-28-2014, 06:28 PM
this might keep future owners from even cosidering "owning" an nba franchise... dropping hundreds of millions and even sometimes billions of dollars into a team they don't even actually "OWN"


and LOL@ a wife selling your shit out from under you

also seems highly illegal


being racist is not against the law*****************



No one flat out owns a team, they never did. They have rules and codes they must follow, and anyone breaking those rules and codes is subject to removal. This is common knowledge.

Mr Know It All
07-28-2014, 06:28 PM
Sterling played this the wrong way from a legal standpoint. He should have never written the letter authorizing the sale. He sealed his fate. If he really wanted to fight this thing he should have committed to it from the very beginning.

As for the phone call it is disturbing on both fronts, perhaps more so when you consider that everyone must now be aware and careful with their words no matter how private the situation may seem. Still, Sterling did the dance with a whore and paid the price. Let it be another lesson in a long line for men who get mixed up with broads like this.

Real Men Wear Green
07-28-2014, 06:31 PM
this might keep future owners from even cosidering "owning" an nba franchise
You say this when this case is the result of someone buying the team for 2 billion dollars. I realize you aren't that bright but, come on.

Soundwave
07-28-2014, 06:32 PM
this might keep future owners from even cosidering "owning" an nba franchise... dropping hundreds of millions and even sometimes billions of dollars into a team they don't even actually "OWN"


and LOL@ a wife selling your shit out from under you

also seems highly illegal


being racist is not against the law*****************



It's pretty much the same as owning any other type of "franchise" business.

If I own a McDonalds, I do so knowing McDonalds can revoke my franchise if say I'm caught on the six o' clock news making disparaging remarks that aren't good for the overall brand.

navy
07-28-2014, 06:46 PM
It's pretty much the same as owning any other type of "franchise" business.

If I own a McDonalds, I do so knowing McDonalds can revoke my franchise if say I'm caught on the six o' clock news making disparaging remarks that aren't good for the overall brand.
Except the NBA never made it that far...

gts
07-28-2014, 06:52 PM
Except the NBA never made it that far...

Yes and no, trust me the leaguge offices are considering this a huge victory today.. this is all because the NBA was taking the steps to force the sale, it was going to happen.. Shelly Sterling saw the writing on the wall and took the intuitive to work with the NBA instead of fighting it.

either way the end results are because of what the NBA started and was clearly more than willing to see through to the end

FLDFSU
07-28-2014, 07:08 PM
this might keep future owners from even cosidering "owning" an nba franchise... dropping hundreds of millions and even sometimes billions of dollars into a team they don't even actually "OWN"


and LOL@ a wife selling your shit out from under you

also seems highly illegal


being racist is not against the law*****************



Every day you continue to confirm what an idiot you truly are :applause:

ballup
07-28-2014, 07:12 PM
That isnt what happened the though. He was joint owner with the Clippers and then declared mentally incapacitated by a doctor. Meaning he no longer had authority to make joint decisions. From which Shelly could do as she pleases and sell the team.

Unless you mean contracts involving Shelly and Donald. :confusedshrug:
Well Silver was using the ban and the fine as tactics to force Stern to sell. Those were apparently acceptable in terms of what the league can do.

The Sterling Trust also have their own legal contracts that contain clauses that can allow Shelly to sell the franchise like the insanity one she used.

UK2K
07-28-2014, 07:12 PM
I remember when she paid doctors to interview him and they declared him brain dead.

He should just pay some doctors to claim hes not.

flipogb
07-28-2014, 07:13 PM
It's pretty much the same as owning any other type of "franchise" business.

If I own a McDonalds, I do so knowing McDonalds can revoke my franchise if say I'm caught on the six o' clock news making disparaging remarks that aren't good for the overall brand.

this is my go to comparison, really simple and yet many still don't get it

gts
07-28-2014, 07:26 PM
I remember when she paid doctors to interview him and they declared him brain dead.

He should just pay some doctors to claim hes not.

He did then Sterling himself got on the stand and removed any doubt that he's unfit to be handling the team or the teams negotiations. :lol

Basically his antics in the courtroom impeached his own experts findings

ThePhantomCreep
07-28-2014, 07:29 PM
this is my go to comparison, really simple and yet many still don't get it

I think they get it, they just cant accept that society frowns on overt racism in 2014.

Sterling defenders for the most part agree with his views on race, but they can't come out and say it, so they mask it by turning it into a supposed free speech issue, which it clearly isn't.

wakencdukest
07-28-2014, 08:30 PM
Damn, I was hoping it would drag on for a year or two, not because I give a shit about that old bastard, but because I wanted to see if Rivers and the players would actually try to leave the team. :lol

nathanjizzle
07-28-2014, 10:29 PM
this is an injustice. this is going to the supreme court for litigation i guarantee it.

gts
07-28-2014, 10:30 PM
Damn, I was hoping it would drag on for a year or two, not because I give a shit about that old bastard, but because I wanted to see if Rivers and the players would actually try to leave the team. :lol

oh it's not over yet.. we'll have more paperwork flying around in the next few days...

smoovegittar
07-28-2014, 10:40 PM
You say this when this case is the result of someone buying the team for 2 billion dollars. I realize you aren't that bright but, come on.
:oldlol: :applause: