BREAKING NEWS

Donald Sterling Sues The NBA For $1B

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Donald Sterling has filed a lawsuit against the NBA for more than $1 billion dollars in damages. He claims he was unconstitutionally bullied out of the league.

He filed a federal lawsuit Friday afternoon claiming the NBA forced him from the league based on what he called an illegal recording that was widely publicized, painting him as a racist.

The suit seeks more than $1 billion in damages, the elimination of his ban and the elimination of his $2.5 million fine. It also seeks the reinstatement of former team president Andy Roeser, the removal of interim CEO Richard Parsons and the termination of the NBA’s plan to terminate his family’s ownership of the team.

Sterling also claims the $2.5 million fine was baseless and a violation of antitrust laws.

Donald’s wife Shelly Sterling sold the team late Thursday to former Microsoft CEO Steve Ballmer for $2 billion.

The NBA announced Friday that it has a binding agreement with Sterling’s wife Shelly in which the team will be sold to former Microsoft CEO Steve Ballmer, pending approval by the NBA’s Board of Governors.

“The NBA will withdraw its pending charge to terminate the Sterlings’ ownership of the team. Because of the binding agreement to sell the team, the NBA termination hearing that had been scheduled for June 3 in New York City has now been cancelled. Mrs. Sterling and the (Sterling Family) Trust also agreed not to sue the NBA and to indemnify the NBA against lawsuits from others, including from Donald Sterling.”

Source: TMZ, USA Today





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