Clippers Sale Takes Center Stage As Trial Begins Today
If you are like me you are honestly ready for the Donald Sterling / Clippers saga to end, but if you thought it was going to be easy, you were out of your mind.
Today the trial begins to determine whether or not Shelly Sterling, Donald Sterling’s estranged wife, actually has the authority to sale the Los Angeles Clippers team. If you remember back, Shelley Sterling struck a record breaking deal with former Microsoft CEO Steve Ballmer for $2 billion dollars.
So what is today’s trial about?
Well Shelly Sterling states that Donald Sterling is mentally incapable of being an administrator of The Sterling Family Trust, which owns the Clippers. In Shelly Sterling’s defense she had two different doctors examine Donald, which is required by the trust, to come to the conclusion that he was not capable of handling the business affairs of the trust.
However, Donald Sterling’s attorneys say that his wife “blindsided” him and he submitted to examinations under false pretenses.
How in the world does that happen? Two different doctors, who are not related to or affiliated with you come to the same exact finding.
According the Donald Sterling’s attorney, “He would have also eaten properly and have been well rested for the examinations and focused on taking the exam with the full and complete understanding what it was for and the serious nature of the exam”.
Nonetheless, Shelly Sterling’s attorney, Pierce O’Donnell, said that Donald Sterling voluntarily went to take scans of his brain and completely knew what was going on.
Also during this trial, the courts will determine what actually happens to the deal with Steve Ballmer, since the trust has been revoked. Weeks after the deal was struck, Donald Sterling revoked the trust. However this is where Ballmer could come in and play a part. If the sale does not move forward, Ballmer can sue the Sterling Family Trust for the deal not closing.
With all of these things happening, the courts and the Sterlings are playing with a short window of time. On July 15th is when the NBA owners are scheduled to meet and will vote on the new owners. Consequently, that is the exact same day that Steve Ballmer’s offer to purchase the team expires. If a deal of sale is not completed by September 15th, the league said it could seize the team and put it up for auction.
If the league was to put the team up for auction after the September 15th deadline, a number of the earlier bidders could get back in the game. Who knows, the team could even go for less or more than the $2 billion offer that is currently on the table.
Your Jersey Girlfriend,