OT - Clippers Owner Donald Sterling to GF -- Don't Bring Black People to My Games

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Will Sterling be owner of the Clips on Nov. 1?

  • yes, he'll still be owner (Sterlng Wins, at least temporarily)

    Votes: 6 18.8%

  • no, he'll be ousted (Sterling Loses)

    Votes: 8 25.0%

  • no, but he'll make an exorbitant amount of dough in the sale (Sterling basically wins)

    Votes: 18 56.3%
  • Total voters
    32
Re: What I'd like to hear Silver say

By the way, Go Warriors! I want the Clippers out of the Playoffs so we can focus on hoops.
 
Re: What I'd like to hear Silver say

Dare I say it?
Bang Bang Adam Silver's hammer came down on his head...

(apologies to Lennon/McCartney)
 
Re: What I'd like to hear Silver say

Maybe Olshey saw this was going to happen sooner than later. Could be a good reason for him to bolt. I mean the GM has a very personable relationship with owners, so I'm sure the racist comments happened behind closed doors.
 
Re: What I'd like to hear Silver say

magnifier661 said:
Maybe Olshey saw this was going to happen sooner than later. Could be a good reason for him to bolt. I mean the GM has a very personable relationship with owners, so I'm sure the racist comments happened behind closed doors.
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I don't think it was racism; I just think he's a shitty owner.

It's not like this guy was Jerry Buss or Jerry Reinsdorf. Sterling has been an embarrassment for years as an owner. The cheapest owner for years who was a remora on the rest of the League. They couldn't wait to get rid of him.
 
Re: What I'd like to hear Silver say

Sterling could delay things quite a bit:
1) sure, I'll sell it to my wife (which the league won't allow)
2) sure, who's got $3 billion? (which no one will pay)
 
Re: What I'd like to hear Silver say

Wizard Mentor said:
Sterling could delay things quite a bit:
1) sure, I'll sell it to my wife (which the league won't allow)
2) sure, who's got $3 billion? (which no one will pay)
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There are bylaws I'm sure that have "exit strategies" for events like this. Buying into the league, I'm sure you must sign the bylaws. So I am sure if the owners vote, the price can't come out from "thin air". Most likely "Fair Market Value" will be the wording...
 
Re: What I'd like to hear Silver say

magnifier661 said:
There are bylaws I'm sure that have "exit strategies" for events like this. Buying into the league, I'm sure you must sign the bylaws. So I am sure if the owners vote, the price can't come out from "thin air". Most likely "Fair Market Value" will be the wording...
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According to reported bylaws (woj) if 24 of the other 29 owners vote to make Sterling sell his franchise, then the league would take over running the team temporarily while the team would be put up for auction (which would like be north of 1 billion).
 
Re: How would you protest?

Go. Warriors.

I hate the Clips almost as much as I hate the L*kers. Send LA home whining.
 
Re: Mark Cuban's Comments on Sterling

PtldPlatypus said:
Again, the terms are "ethical" and "reasonable", specifically in relation to how he "conducts business". You're suggesting that those terms can be stretched to include "representation to the public", ie, "public image". That would be an absolutely horrible precedent to set.

Mark Cuban criticizing the officials too much? Giving the league a black eye--strip him of his franchise.
Dan Gilbert issues a statement criticizing Lebron leaving Cleveland? Makes him look petty--strip him of his franchise
Mikhail Prokhorov spends $100M+ on a bunch of aging vets? Makes him look stupid--strip him of his franchise
Joshua Harris allows moves to blatantly tank? Put a bad product on the floor--strip him of his franchise
Maloof Brothers have the Kings miss the playoffs 9 years in a row?--strip them of their franchise

There are myriad ways that an owner can cause his franchise to look bad, without those constituting unethical or unreasonable business practices. Even when they have--such as the Wolves colluding with Joe Smith to circumvent the salary cap--the league never attempted to strip an owner of his franchise. To do it now, in light of prior precedent, would be unsupportable legally.
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Suffice to say, I'm shocked. I'm curious to see how the inevitable legal battle plays out.
 
Re: What I'd like to hear Silver say

Further said:
According to reported bylaws (woj) if 24 of the other 29 owners vote to make Sterling sell his franchise, then the league would take over running the team temporarily while the team would be put up for auction (which would like be north of 1 billion).
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Sterling has publicly said "My team is not for sale". I'm sure there will be a messy legal battle to follow the vote. I have a feeling that Sterling would rather burn the team to the ground before he sells the team.

I do understand that he has no control of the day to day operations, but if attorneys get involved, I can see a lot of time wasted in process
 
Re: What I'd like to hear Silver say

magnifier661 said:
There are bylaws I'm sure that have "exit strategies" for events like this. Buying into the league, I'm sure you must sign the bylaws. So I am sure if the owners vote, the price can't come out from "thin air". Most likely "Fair Market Value" will be the wording...
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First, I'm almost certain there is a binding arbitration agreement among the owners.

Second, there is almost certainly a "Fair Market Value" likely using a three appraisal method (one chosen by the owners, one chosen by the arbitrator and one chosen by Sterling). Remember, the owners want a high price as well. SAC and MIL were recently sold, as well as Los Doyers, so there are good figures out there.
 
Re: Mark Cuban's Comments on Sterling

PtldPlatypus said:
Suffice to say, I'm shocked. I'm curious to see how the inevitable legal battle plays out.
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Yep. This is going to court. I'm stunned Silver was this forceful.
 
Re: What I'd like to hear Silver say

maxiep said:
First, I'm almost certain there is a binding arbitration agreement among the owners.

Second, there is almost certainly a "Fair Market Value" likely using a three appraisal method (one chosen by the owners, one chosen by the arbitrator and one chosen by Sterling). Remember, the owners want a high price as well. SAC and MIL were recently sold, as well as Los Doyers, so there are good figures out there.
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And we know it's gonna be expensive. I mean didn't Milwaukee sell for 700 mil or something? The clippers are worth more than that by a long shot.

What I don't want to see is some sort of fire sale. Give Sterling the right amount from the gate, and no suit will warrant the delay. The moment you nickel and dime him, the longer the process can take.
 
Re: What I'd like to hear Silver say

magnifier661 said:
And we know it's gonna be expensive. I mean didn't Milwaukee sell for 700 mil or something? The clippers are worth more than that by a long shot.

What I don't want to see is some sort of fire sale. Give Sterling the right amount from the gate, and no suit will warrant the delay. The moment you nickel and dime him, the longer the process can take.
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My guess is the figure is north of $1.2B.
 
Banned for life and $2.5 mm fine!

Quick and just?
 
Re: Mark Cuban's Comments on Sterling

maxiep said:
Yep. This is going to court. I'm stunned Silver was this forceful.
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He had to be... The players union threatened to boycott the playoffs. Could you imagine the insanity if all the sudden there is no playoffs?
 
Re: What I'd like to hear Silver say

I can tell you one thing... I don't expect the Clippers to get "darling" calls anymore. They are about as relevant as any other "small market team" now. I almost think that Silver wants the clips out of the playoffs as soon as possible.
 
Re: Mark Cuban's Comments on Sterling

maxiep said:
Yep. This is going to court. I'm stunned Silver was this forceful.
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I'm guessing he went all in knowing that Sterling was going to fight it regardless of what it was. A 1 game ban and 10 dollar fine and out of principal Sterling would have fought it.
 
Re: What I'd like to hear Silver say

magnifier661 said:
I can tell you one thing... I don't expect the Clippers to get "darling" calls anymore. They are about as relevant as any other "small market team" now. I almost think that Silver wants the clips out of the playoffs as soon as possible.
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He's a commish of the people!!!
 
Re: Mark Cuban's Comments on Sterling

EL PRESIDENTE said:
That's just fucking stupid and shortsighted. And probably grounds for a very strong lawsuit on behalf of Sterling.

As I stated, these were private thoughts and conversations, not directives aimed at anyone nor a policy of the ownership to any employees. There is no culture of racism in the organization because it is singularly contained with one man and with him sharing a thought with a person not affiliated with the organization in any capacity.

We live in a society where one's opinions on an issue can now be interpreted as bigoted with them actually being so (i.e. opposing Same Sex marriage). This is the slippery slope. Can a league destroy one's business based on private opinions he held in private?
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I think Nic nailed it on the head. The NBA has a right to protect their public image.

So yes, a league can destroy one's business based on private opinions that become public. If someone doesn't like the rules, don't get a franchise in the NBA.
 
Re: What I'd like to hear Silver say

Yeah the Clippers should be close to a billion probably.

Nice move by Silver. I wouldn't expect that from Stern.
 
Re: Banned for life and $2.5 mm fine!

It's not over yet. Donald will fight it.
 
Re: What I'd like to hear Silver say

Mr. J said:
Yeah the Clippers should be close to a billion probably.

Nice move by Silver. I wouldn't expect that from Stern.
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Stern would have delayed it as much as possible. I hated that guy with a passion. The media loves him because he made them billions of dollars, but he was a shitty commish who didn't care about the league for a second.
 
Re: Banned for life and $2.5 mm fine!

BigGameDamian said:
It's not over yet. Donald will fight it.
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I would think so and this could get very ugly. If Sterling doesn't fight you know there are more skeleton's knocking to come out.
 
Re: Mark Cuban's Comments on Sterling

Cuban just tweeted that he agrees on the lifetime ban. Sounds like he's speaking a different language to me then what he said in the interview.
 
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