Inside sources tell me Sterling will sell for $700m

INJUNCTION

 

Stern huh....


Just can't get rid of that guy

 

I just spoke to Donald Sterling on the phone and he told me you know nothing.

 

just had lunch with leslie alexander at timmy chans and he told me he popped a molly and he's sweatin

 

Goes directly against what Sterling said to the media just a few hours ago, but even if he DOESN'T want to sell and fights it, I have very little doubt the NBA board will get the needed 75% vote to get him out.

At that point, I dont exactly know how the sale goes, but I'm almost positive its not Sterling whose in charge of actively selling the franchise, but the NBA and Adam Silver himself who will hold the rights until they find a buyer similar to what happened with the Hornets. Also don't forget that Sterling LIVES IN THE COURTROOM for a hobby. He's going to fight this and that will almost certainly hold up the sell of the team after the vote comes in.

Major Point being- At some point, the NBA will have control over what the franchise sells for in this case. Sterling is just going to get whatever he gets. However I know that the NBA will want to clearly showcase how valuable an NBA franchise is for future purchases with financially distraught teams to get owners with deeper pockets in the door. 700 million seems relatively low IMO for a team that is based on LA, has potential for a lucrative TV deal, has CP3, and Griffin LOCKED UP for years, and the owner will look like the Gandolph running down the hill on a white horse.

IMO if the Clippers sell for a figure around 700 million its because the NBA wants a fast, quick sell to an owner they specifically want in their club.

 

Paging Seattle, although this would be really weird for Clip fans.

 

You've got to be kidding me right? Your entire statement is something that someone could logically come up. Clippers are worth more than 700million. The ****ing bucks sold for 500+

Ps, it's sterling. Not stern

 

LeBron just told me he's coming to Houston, but he's going to bleach his skin MJ style in protest to Sterling. That's right........we're getting the white LeBron.

#itshappeningguys

 

Sorry... Seattle is not going to happen with this team. The board, and the NBA will never approve of that sell.

However if the value of the Clips shows to be around 1B, I would start watching for some of these smaller market owners to start talking about getting that kind of doe for their team, and then you will see Seattle step in as a player.

T-Wolves look like the next candidate on the docket, and the Kevin Love situation could expedite this potential deal. I know Glen Taylor loves his Minnesota sports teams, but I'm not sure he has the deep pockets to resist essentially doubling his net worth in one swoop.

 

lol indeed.
LOL what?

 

$700M…….riverx has set the price…..lol

 

I am willing to buy the team and move it to Rio De Janeiro.

 

I had lunch yesterday with someone very close to Les Alexander and Kevin McHale will be fired if we don't make it out of the first round next year.

Spoiler

See how easy that is?

 

it doesn't seem implausible to me that the NBA buys the team as a temporary measure, below market value so Sterling doesn't make what the true worth of the team is. $700m is a nice golden parachute.

The league then has time to find another ownership group, and sell the team for its true value.

 

I would rather just move to rio de janeiro

meia pataca ftw

 

I don't think it will ever get that far. But that's a major lawsuit in the makings. It's his team and he owns it and no one is going to just take it away from him if he doesn't want them too without a lot of fight. What they can do is devalue it so he would be stupid not to sell.

You can be sure his lawyers and advisors are already telling him that. He may not want to sell but if he keeps them he may not have much to sell in the future.