I have to start here: Do not assume just because an agreement was reached and papers signed that this is a done deal. Remember that Donald Sterling has talked about “fighting to the bloody end.” He could still attempt to kill the whole thing out of spite (or concerns about capital gains taxes).
But Donald told his wife Shelly Sterling to go ahead and find a buyer for the team, and she seems to have done that:
NBC has confirmed with a source close to the negotiations that a deal was signed between the Sterling Family Trust and former Microsoft CEO Steve Balmer to buy the Clippers for $2 billion. That document is now being sent on to the NBA league office for review (and to start the approval process).
This news was broken by the Los Angeles Times and since confirmed. The Times had details on the other bidders.
A person with…
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