Sterling hitting back hard

2,783 Views | 59 Replies | Last: 11 yr ago by SlimM
Oh Four Five
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AG
I'm no lawyer, but I believe the difference between the Sterling recording and Candid Camera is that the TV show is filmed out in public as opposed to in someone's home. There's no reasonable expectation for privacy. Not really any different than TMZ recording celebs walking out of a night club.
C20baller
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ESPN reporting Ballmer buying Clips for $2B. Will Sterling be able to put up any sort of roadblock?
DRE06
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AG
quote:
ESPN reporting Ballmer buying Clips for $2B. Will Sterling be able to put up any sort of roadblock?

The old man will laugh all the way to be bank.

Geez, people were predicting $750 million when this whole story broke, with very few predicting that a sale could max out at $1 billion.

[This message has been edited by Dre06 (edited 5/29/2014 6:32p).]
Guitarsoup
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AG
The brushback could be that he doesn't want to pay half a billion dollars to the government in capital gains taxes and would rather leave it to his kids than give Obama a red cent. Remember, he hates black people, so he doesn't want to give money to Obama and he still calls it a red cent because he remembers when there was an Indian on it.
aggie_2001_2005
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He will hold out for $3B. Just watch.
Guitarsoup
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AG
I could very well see him turn this down out of spite and then pay his lawyers 7-figures to fight the NBA out of principle.

Not like the Clippers are going to go down in value.
Ganondorf
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Perhaps but $1.8B is quite a lot.
Guitarsoup
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AG
He is a Billionaire even without the clippers.

When you are 80+, what is the difference between 2B and 4B? It isn't like you can really spend and enjoy that much anyway.

If he spent $250k every day for the rest of his life and he lived 10 more years, he still wouldn't spend a half his net worth without even getting into the Clippers.
MGS
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First Paul Allen, then Ballmer. Bill Gates is going to need to get himself a team.
amercer
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As I said a before, he will go quietly.



2 billion dollars is a lot of dollars. Drag it out the league sells it for him, but maybe for way less if the big bidder doesn't want to be part of the mess.....
Guitarsoup
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AG
League can't sell it for him. They can only vote to contact the team, which they won't do.
amercer
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AG
The reports today seemed to indicate that terminating his ownership meant the league would control the sale. Before today my interpretation was the same as you though.
marble rye
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AG
quote:
As I said a before, he will go quietly



Please God no. The fireworks just started...and this needs to bring about a conversation that needs to be had in this country about the infallible black man.
chris1515
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AG
When I heard Ballmer made a "godfather" offer, I wondered if there might be some hidden deal with the league. Ballmer offers so much that Sterling can't resist and takes the money and goes away quietly and the league avoids a potential clusterf* of a legal mess. In exchange, Ballmer gets approval to move the Clippers to Seattle whenever he wants.
Jacques
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quote:
When I heard Ballmer made a "godfather" offer, I wondered if there might be some hidden deal with the league. Ballmer offers so much that Sterling can't resist and takes the money and goes away quietly and the league avoids a potential clusterf* of a legal mess. In exchange, Ballmer gets approval to move the Clippers to Seattle whenever he wants.


I had the exact same thought.
Jacques
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Wow:

http://www.cbssports.com/nba/eye-on-basketball/24576535/report-sterling-found-mentally-incapacitated-clearing-way-for-sale
Ganondorf
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AG
That would solve this problem really quickly if true.
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by user
Guitarsoup
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AG
And his wife.

I wonder what his will and his pre-nup say. I wonder if she makes off with a ton more cash if he sells the Clippers before he dies or before he divorces her.

She would have a pretty killer case for divorce considering it was his mistress that recorded the tape.
Guitarsoup
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AG
https://twitter.com/WojYahooNBA/status/472485153185755136

Donald Sterling plans to file a $1 billion lawsuit against the NBA, his attorney Max Blecker confirms in email to Yahoo Sports.
amercer
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AG
And his wife has agreed to pay any judgement against the NBA out of the sale money.

Checkmate.
Kellso
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This thread is not surprising at all. LOL
BBQ4Me
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AG
quote:
And his wife has agreed to pay any judgement against the NBA out of the sale money.

Checkmate.


Damn, that's a really generous offer. I guess she doesn't mind given Ballmer's Billions.

Sterling has certainly made off like a bandit in the whole ordeal. Gets a huge ROI, gets to sue the NBA, and indirectly gets to take money out if his ex-wife's hands
Jacques
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Apparently he's got Alzheimer's. Blecher may want to rethink this.
RebAg13
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SlimM
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AG
quote:
If he spent $250k every day for the rest of his life and he lived 10 more years, he still wouldn't spend a half his net worth without even getting into the Clippers.

This is depressing to me.
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