Poor Donald Sterling

Transformer Marketing, CA, Donald Sterling Actually, not poor Donald Sterling.  The guy is a billionaire.  But last week, Donald lost his appeal to halt the sale of the Los Angeles Clippers to ex-Microsoft CEO billionaire Steve Ballmer.

How it started

Donald Sterling made some racist comments in which the NBA placed a lifelong ban on Sterling from coming to any games, fined him $2.5 million and was trying to force him to sell the Clippers.

Back in May, a record $2 billion for the Clippers was negotiated by estranged wife, Shelly Sterling, after taking over the family’s trust and removing Donald as trustee when two separate doctor’s found that Donald had Alzheimer’s and could not take care of his business.

Donald ‘s argument was that Shelly had deceived him about the doctor’s appointment and negotiated the sale of the team illegally.

Judge Michael Levanas ruled against Donald Sterling on Monday, July 28th.

Content provided by Transformer Marketing.

Source: http://mashable.com/2014/07/28/its-finally-over-donald-sterling-loses-bid-block-clippers-sale/

 

 

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