Actually, he now has $500 million in debt to multiple banks as a result of revoking the trust, and the only realistic way he can avoid a default is ironically by selling the team
The only other way would be to sell off all his real estate properties, but the prices would be depressed....
http://www.usatoday.com/story/sports...pers/12954121/
He won't do that... and neither will the media call him on it. I think the Clippas are a joke... and I hope Sterling drags this out and dishes dirt on others.
http://espn.go.com/blog/los-angeles/clippers/
LOS ANGELES -- The interim CEO of the Los Angeles Clippers testified in state court Tuesday afternoon that coach and team president Doc Rivers has told him on multiple occasions that he doesn't think he wants to continue as coach if Donald Sterling remains owner of the team.
Parsons said he's talked to Rivers, several players and key sponsors who are troubled by Sterling's continued ownership of the franchise, which is being adjudicated in a California probate court.
At issue is whether S y Sterling acted properly in selling the franchise for a record $2 billion to former Microsoft CEO Steve Ballmer, without her husband's expressed consent.Parsons was called as a witness in the trial Tuesday to discuss the impact the continuing uncertainty over the ownership situation has had on the Clippers franchise.
"If Doc were to leave, that would be a disaster," Parsons said. "Doc is the father figure of the team. Chris (Paul) is the on-court captain of the team. But Doc is really the guy who leads the effort. He's the coach, the grown-up, he's a man of character and ability -- not just in a basketball sense, but in the ability to connect with people and gain their trust.
"The team believes in him and admires and loves him. If he were to bail, with all the other cir stances, it would accelerate the death spiral."
What a hypocrite. The whole NBA knew he was a racists. His sin was to publicly be caught being a racist. Doc knew, the commish knew, Chris paul knew. Now they have to show the proper amount of indignation. But NOBODY is going to walk away from the cash...
bunch of quitting pussies.
Actually, he now has $500 million in debt to multiple banks as a result of revoking the trust, and the only realistic way he can avoid a default is ironically by selling the team
The only other way would be to sell off all his real estate properties, but the prices would be depressed....
http://www.usatoday.com/story/sports...pers/12954121/
I think Tom Rivers is a good example of money talking... In the real world, it's easy to look the other way when you're getting million dollar checks.
Plus the Donald has first-hand experience in offering a truly abysmal product and still making money off it. Not really his doing, the NBA boyz club is set up that way.
I honestly thought this was going to move quicker, especially with the $2b offer on the table, but if that offer goes away, I'm not sure this isn't going to be a protracted battle...
I believe his current case ended today with a verdict due next week, and the only reason it took so long is because one of Donald's attorneys conveniently had to "take a vacation" all of last week....
Most people would have taken the $2 billion and ran, but you have to remember that DTS is a re ed old manchild who loves suing people, so it wasn't going to be cut-and-dried....
He filed another lawsuit, but ESPN's legal analyst said that this one will most likely be laughed out of court....
If it's not done soon, the owners gonna have to vote, tbh
Silver will most likely nail DTS to the tree of woe if this drags on into the start of the season, tbh....
- Don was already backstabbed by his Wife. Why would he take the money and soon give it to her after his death?
- Citing ESPN source. Not sure if serious
- An average Joe like you & I can be discriminated against but money talks in the USA. Don will get his way one way or another
There are currently 1 users browsing this thread. (0 members and 1 guests)
Posting Permissions
Reply With Quote