“I think that he thinks that he’s going to be the owner for a long time, that he wants to stay the owner,” Mayor Eric Garcetti said. “And I said, ‘This will be a long, protracted fight and a painful thing for our city …'”
RELATED Links: Donald Sterling
Sterling purchased the Clippers for $12 million in 1981 and the
franchise is now valued at $430 million by Forbes magazine. The owner was caught on audiotape expressing racist views to his ‘assistant’ V. Stiviano (who appeared on a Barbara Walters special to defend the owner). Following the revelations of the tape, NBA Commissioner Adam Silver banned the owner for life and fined him $2.5 million.