Donald Sterling is the longest tenured owner in the NBA. He purchased the Los Angeles Clippers in 1981 for $12 million dollars. Today the Clippers are worth around $600 million dollars.
Herb Kohl recently sold the Milwaukee Bucks for $550 million dollars. The Clippers are a gold mine compared to the Bucks. The team will likely be sold for around $1 billion dollars. Sterling will live the remainder of his life an extremely wealthy man.
Judging by the comments released on TMZ, Sterling is obviously an extremely stubborn man. Adam Silver is a seasoned lawyer. He had to have expected Sterling to put up a fight to remain in the league.
Sterling has a great legal team. Getting rid of him will not be an easy task. However, the NBA is a private league. Sterling's comments are bad for business. A bigot such as himself has no place in a league dominated by minorities.
Sterling has one last chance to prove his case to the rest of the NBA's owners. The other 29 owners will vote on June 3rd, 2014 on whether or not to force a sale. The owners need to make a statement by voting unanimously to get rid of Sterling for good. Mark Cuban has taken a public stand defending the troubled owner. Cuban is no stranger to controversy. I trust that the rest of the owners will do the right thing.
The clock is ticking on Donald Sterling. Lets just hope for the sake of the NBA family he's gone sooner than later.
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