Sterling giving up the fight

[Markedman]

Good that it didn’t drag on for years…..would have been a disaster for the league.
SportsCenter ‏@SportsCenter 53m
THIS JUST IN: Donald Sterling has agreed to allow wife Shelly to negotiate a forced sale of Clippers. (ESPN & Media reports)

[CaribouJim]

...and they are now kicking around $2 billion as a possible sale price.

[TheSultan]

I think the Sterlings finally figured out, that even a victory, would be a costly and pyrrhic in nature.

[Alan Bykowski, "brewcity77"]

$2 billion? Are they insane? They are selling the Clippers, not Man United.

[MKE_GoldenEagleFan]

By selling he will become even more rich... Somehow he still comes out way ahead in this deal.

[Nukem2]

By selling he will become even more rich... Somehow he still comes out way ahead in this deal.

Yeah, no one is feeling sorry for him. Hopefully his wife takes him to the cleaners in the divorce settlement.

[Alan Bykowski, "brewcity77"]

I loved the comment from his wife that she's been thinking about divorce for the past 20 years or so. Uhh...20 YEARS?!?!? What were you waiting for, your infant to get to their junior year of college?

[MU/Panther]

$2 billion? Are they insane? They are selling the Clippers, not Man United.

Well, the Bucks sold for $550 million.

[Alan Bykowski, "brewcity77"]

I can't see the Clippers being worth four times what the Bucks are. The Dodgers went for $2 billion, and the Clippers are no Dodgers. The Cubs only sold for $700 million in 2009 and they are a far more recognizable brand than the Clippers. The only NBA franchises to sell for over $500 million are the Bucks and the Wizards ($551 million in 2010). The Clippers are maybe worth $650, at the most $700 million, but no way is a second banana team in their market worth $2 billion. There are maybe 5 franchises in the world (all sports) worth that much and none of them are in the NBA.

According to a list from Forbes in 2013, only 1 NBA franchise is listed among the 50 most valuable franchises in the world, and that is the Lakers, ranking #35 at $900 million. The Clippers are not worth double what the Lakers are.

[Rajl]

If they are asking 2billion they are not giving up the fight. Stall tactic.