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2014-07-28 20:24:05

LOS ANGELES, July 28, 2014 /PRNewswire/ -- During 58 years of marriage and more than three decades as a co-owner of the Clippers, Shelly Sterling stayed out of the limelight. But in a time of crisis, she stepped out of the shadows to do what was right for her family, for the Clippers and for all of Los Angeles. We owe her a great debt of gratitude. She had the courage to stand up against her husband, take control of the Clippers, negotiate a record-shattering $2 billion price and go...

2014-05-30 04:21:38

LOS ANGELES, May 30, 2014 /PRNewswire/ -- Shelly Sterling announced today that she has signed a binding contract for the sale of the Clippers by The Sterling Family Trust to Steve Ballmer at a price of $2 billion. Shelly Sterling was acting under her authority as the sole trustee of The Sterling Family Trust which owns the Clippers. "I am delighted that we are selling the team to Steve, who will be a terrific owner," Shelly Sterling said. "We have worked for 33 years to build the...

2014-05-30 04:21:35

NEW YORK, May 30, 2014 /PRNewswire/ -- Embattled billionaire Donald Sterling's net worth will rise to US$2.2. billion, according to a Wealth-X estimate, after the sale of his NBA team, the Los Angeles Clippers, to former Microsoft CEO Steve Ballmer for a record price of US$2 billion. The US$2 billion price tag is the highest amount ever paid for any professional basketball franchise - nearly four times the previous record of $US550 million paid for the NBA's Milwaukee Bucks earlier...

2014-05-29 08:27:11

Troubled Clippers owner disliked more than O.J. Simpson, Bernie Madoff and Phil Spector LOS ANGELES, May 29, 2014 /PRNewswire/ -- Los Angeles Clippers owner Donald Sterling has been selling excuses, but America isn't buying them. According to a recent consumer survey conducted by E-Score(®), a leading consumer research service that provides information to media and entertainment companies, Sterling is now the single most disliked living man in America, ranking higher than bad boys...

2014-05-28 00:20:56

LOS ANGELES, May 27, 2014 /PRNewswire/ -- "Donald Sterling has authorized Shelly Sterling in writing to negotiate the sale of the Los Angeles Clippers, including his 50 percent ownership of the team. Shelly is managing the sale of the Clippers. While no formal offers have yet been received, Shelly and the NBA are working cooperatively on the transaction." --Pierce O'Donnell, Greenberg Glusker SOURCE Greenberg Glusker

2014-05-09 16:23:30

LOS ANGELES, May 9, 2014 /PRNewswire/ -- "I conferred with NBA Commissioner Adam Silver this morning and endorsed the league's choice of Richard Parsons as interim Chief Executive Officer of the Los Angeles Clippers. Mr. Parsons has impressive management credentials in the important fields of the media, finance and professional sports. He is an ideal choice to run the franchise until the ownership issues are clarified." SOURCE Greenberg Glusker

2014-05-08 16:23:49

LOS ANGELES, May 8, 2014 /PRNewswire/ -- "At no time has anyone with the NBA ever asked me not to attend a Clippers game. A Los Angeles Times story quoting an anonymous source who said the NBA asked me to not attend games is absolutely false. As co-owner, I have attended games for 33 years and I will continue going to playoff games as the Clippers march towards a championship." SOURCE Greenberg Glusker

2014-05-06 16:30:47

LOS ANGELES, May 6, 2014 /PRNewswire/ -- Los Angeles Clippers co-owner Shelly Sterling today endorsed the move by the National Basketball Association to put team President Andy Roeser on an indefinite leave of absence. "While this is a painful step, it is a necessary one as we move forward with the NBA to make the Clippers organization one of the most professional and successful franchises in all of sports," Ms. Sterling said. "For nearly three decades, Andy has been a crucial part...

2014-05-03 20:21:18

LOS ANGELES, May 3, 2014 /PRNewswire/ -- Los Angeles Clippers co-owner Shelly Sterling today said she fully supports the decision by the National Basketball League and the team to undertake a joint search for a new Chief Executive Officer for the franchise. "I spoke with Commissioner Adam Silver this week to tell him that I fully supported his recent swift and decisive action," said Ms. Sterling. "We also agreed at that time that, as a next step, both the league and the team should...

2014-04-30 20:20:37

Tire maker will reinstate its sponsorship of the team ... but half of the playoff sponsor money will go to charity FULLERTON, Calif., April 30, 2014 /PRNewswire/ -- Looking to continue its support of the Los Angeles Clippers team and fans Yokohama Tire Corporation (YTC) and the Clippers have reached an agreement where YTC will immediately reinstate its sponsorship of the team, with half of the 2014 NBA playoff sponsorship funds being earmarked to a charity instead of the...


Word of the Day
holluschickie
  • A 'bachelor seal'; a young male seal which is prevented from mating by its herd's older males (mated bulls defending their territory).
This comes from the Russian word for 'bachelors.'
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