Tuesday, April 29, 2014

NBA bans Donald Sterling for life, fines him $2.5 million for racial comments

NBA Commissioner 
Just 3 days after racist comments made by L.A Clippers owner Donald Sterling was made public by TMZ, NBA Commissioner Adam Silver announced the league has banned the now former owner for life and fined him $2.5 million. For now, from all indications, Clippers President Andy Roeser will see to the day-to-day running of the club. 

The commission made the announcement just hours before the Clippers were up for their 5th game in the ongoing playoffs.

The lifetime ban will prohibit Sterling from attending games or practices, stepping foot inside any Clippers' facility, taking part in business or personal decision, or having a role in league activities such as attending NBA Board of Governors meetings.

In his statement, Silver reinstated that he will do “everything in his power” to compel the NBA Board of Governors to “force a sale” of the Clippers. Silver said “ I fully expect” to get the needed three-quarters of league's owners-meaning at least 23-to back the move.

             "This has been a painful moment for all members of the NBA family," Silver said.
Sliver said he didn't poll the owners, but did speak to several who he said supports the decision.
"The owners have the authority subject to three-quarters vote, to remove him as owner," Silver said.

According to Forbes Magazine, the team is currently worth a whopping $575 million. Sterling stands to gain a lot as he bought the team at $12 million in 1981

Here's a link for the official statement: USATODAY