NBA Accepts Sale of Los Angeles Clippers to Steve Ballmer, Cancels June 3 Sterling Hearing
The NBA has accepted Shelly Sterling’s move to sell the Los Angeles Clippers to former Microsoft CEO Steve Ballmer, the league annoucned in a news release Friday evening.
The league now has canceled a June 3 hearing in which the Board of Governors would have voted on the termination of the Sterling Family Trust’s ownership of the Clippers. Sterling sold the team without approval from her husband, Donald Sterling, because he was ruled mentally unfit and lost his power to control half of the trust.
The Board of Governors still must approve the sale to Ballmer, and no time frame was mentioned on that vote.
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SOURCE: USA Today