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Gary Hoffmann

Judge OKs record-setting $2B sale of Clippers

 
Posted July 29th, 2014 @ 6:43am

Photo Credit: Getty

LOS ANGELES (AP) — A judge has ruled against Los Angeles Clippers owner Donald Sterling and cleared the way for the $2 billion sale of the team to ex-Microsoft CEO Steve Ballmer.

Judge Michael Levanas sided Monday with Sterling's estranged wife in the case that arose after the 80-year-old billionaire was banned by the NBA for making offensive remarks about blacks.

Shelly Sterling sought the court's approval for the deal she negotiated after taking control of a family trust and removing her husband as a trustee after two doctors found he had Alzheimer's disease and couldn't manage his affairs.

Donald Sterling claimed his wife deceived him about the medical exams.

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