Sterling will get a Shiny Gold Parachute

[cthulu2016]

Sterling is banned from the NBA for life... but still owns the team.

The NBA will want to get Sterling out of the NBA while doing nothing to diminish the worth of owning an NBA team—the one over-riding concern common to NBA owners.

So the NBA will seek to force the sale of the team. It will, however, be done by people mindful that they are creating precedent, applicable to their own ownership.

And since whatever is done will be ad hoc, it will not be a settled procedure, legally. It will be open to all sorts of challenge. (Sports league do not typically do well in lawsuits with team owners.)

The NBA does not want to be sued by Sterling... and that is yet another consideration that can be purchased.

Taken all together, Sterling will be paid every penny of market value and then some to leave the scene.

My guess is the other owners band together to pay Sterling an undisclosed amount, and the team becomes property of the NBA. Then, when things settle down, the NBA would sell the team to a new owner, with the proceeds being divied up among the original investors. (The other owners.)

[11 Bravo]

1. If I recall correctly he paid about $12.5 million for the franchise and its now worth ...

over $500 million. Not a bad parachute.

[cthulu2016]

2. Maybe even 800, 900 million

[11 Bravo]

7. You're right. The franchise is valued at around $550 million, but I've heard ...

people who are wired into the NBA state that he could actually get $1.5 billion from the right buyer.

[smartphone]

3. In which case, it still is profitable to be a bigot in the USA

Look at Ann Coulter, Sean Hannity, Bill Kristol, so many religious leaders, and others.

Sterling will be paid every penny of market value and then some to leave the scene.

If he is paid $1, it should be seized and frozen. He should become a pauper, forced to live on the Bundy ranch.

My opinion only.

I'm sure we could find 5000 bigots with big bank accounts in the USA if we bothered to try, some of them are in elected office.

[Dreamer Tatum]

6. Seized and frozen by which authority, exactly?

Just asking. That whole First Amendment thing is looming, after all.

[Dreamer Tatum]

4. WTF does that even mean?

The guy is already almost a billionaire. Also, he can't be forced to sell the team.

[cthulu2016]

8. Part of my reasoning is that the NBA doesn't want to *force* him, legally.

I don't know if they can *force* him (legally) and neither do they, and they're not going to be in a hurry to find out.

The NBA wants this to go away. If they try to force the sale of the team they will be in court for a decade, whether they win or lose.

I think they will pay him handsomely to sell the team to the NBA itself, without taking the whole thing to court.

[Dreamer Tatum]

9. The NBA is a business

so of course they want this to go away. But they can't tread too heavily, or they'd reduce the value of all of the franchises.
I'm guessing they'll try to encourage a sale to keep the Clippers from slipping into limbo, where no one will want to play
or coach.

[Skidmore]

5. Silver said he was going to force him to sell the team.