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Friday, May 30, 2014

NBA to proceed with Sterling vote despite Clippers sale agreement

A supporter holds a photo cutout of Los Angeles Clippers owner Donald Sterling while standing in line for the NBA Playoff game 5 between Golden State Warriors and Los Angeles Clippers at Staples Center in Los Angeles The NBA said on Friday it plans to go ahead with a vote on terminating Donald Sterling's ownership of the Los Angeles Clippers, although it signaled that an agreement struck by Sterling's wife to sell the franchise was its preferred course. The National Basketball Association said in a statement that Shelly Sterling notified the NBA that she had reached an agreement to sell the club to former Microsoft Chief Executive Steve Ballmer. The NBA said it was still awaiting the necessary documentation from Shelly Sterling on the record $2 billion agreement with Ballmer and that it would proceed with the June 3 meeting of its Board of Governors on whether to strip Sterling of ownership for racist remarks.




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