Tuesday, May 27, 2014

So Much for A Peaceful Resolution With The Sterlings

((HT: ABC News/USA Today/The Score))

Donald Sterling has issued a 32-page response to the NBA in the league's fight to oust him from being owner of the Los Angeles Clippers. In the 32-page tome, he is basically telling the league to stick it...

Big time...

Sterling's response claims the recording was made illegally in the state of California and therefore is inadmissable in any court proceeding. The morals clause some feel Sterling violated with his words, in Sterling's view, is meant only as an idea that is associated with the operation of a basketball franchise- not words spoken in the home.

Also, Donald Sterling's attorneys feel the fine given to their client is excessive and, if the team is ordered to be sold, the capital gains taxes would be huge and cause an unnecessary strain on the Sterling's finances...

Got all that...???

Shelly Sterling is planning her own response as well...

From Brent Schrotenboer of USA Today:

Shelly Sterling's response, which is being made separate from her husband Donald, was due by midnight (ET) Tuesday after the NBA filed formal charges last week against Donald Sterling, accusing him of damaging the league with racist remarks.

By reasserting her position as the innocent 50% owner, Shelly Sterling is building on her case that she should be able to retain at least some ownership stake in the team. Meanwhile, she is trying to sell a controlling interest in the team after her husband authorized her to sell it on his behalf.


Oh...

Bank of America was being consulted by the Sterlings on a sale...
The HQ wonders if they have a retainer...

Here's the interview Shelly Sterling did with the "Today Show" about her husband's mental state- just as a refresher for the innocent 50-percent owner...
((HT: NBC News))

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