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In order for the process of a sale to begin, the NBA has to take over the Clippers, which they cannot do until an official outing of Sterling is passed by a vote at a Board of Governors meeting. From there he is expected to challenge and potentially take the ruling to court, but no matter how hard he fights the only outcome the league is going to accept is an eventual sale. Sterling went on record before his lifetime ban was handed out saying that he was not interested in selling the team. He would probably settle giving controlling ownership to a member of his family, but the NBA Players Association has already stated that is not a valid option. They want new ownership and as you can see above potential suitors are lining up.
It’s important to note that the NBA will not just go with the highest bidder, although price is going to be a major factor. After this incident with Sterling, they’re going to want to sell to a group with a clean background and strong business history who fits the proper image for a NBA owner. Any new owner has to be voted on and approved by the Board of Governors. That could end up being problematic for a group featuring Mayweather, who not only served a prison sentence recently for domestic violence, but is a notorious, high-dollar gambler.
Obviously, Magic and the Guggenheim Partners would be ideal for the league. They’d be embraced with open arms.
Geffen’s background is in the entertainment industry, where he served in a variety of roles including producer and a film studio executive.
Ellison is the co-founder and CEO of Oracle Orporation, a software company. He’s tried on multiple other occasions to buy a NBA franchise, including the Memphis Grizzlies, New Orleans Pelicans and most recently the Golden State Warriors. His desire to move them to San Jose has really worked against him.
The Clippers could sell for close to $1 billion.
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The Bobcats only have $41 million guaranteed for next season, so they are going to be in a position where they can add some significant pieces and Afflalo and Nelson are two very obtainable pieces. The Magic are said to be open to trading both of them, and could be intrigued by the draft picks the Bobcats have to offer and potentially Michael Kidd-Gilchrist. They were rumored to be shopping Kidd-Gilchrist prior to the trade deadline, but an injury hurt his value.
Parker was noticeably effected by the injury on the court and was limping afterwards. While the Spurs are going to be completely focused on Game 5, for a team that has championship aspirations, they have to be really concerned about the long-term implications here as well. Without Parker at full strength, their chances of surviving the West and getting back to the Finals are significantly lower. Parker is averaging 15.5 points and 4.5 assists this postseason, down from 16.7 points and 5.7 assists in the regular season.
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