Donald Sterling Says L.A. Clippers Are Not For Sale, Oprah Winfrey Puts In Bid?

News & Views | Camille Travis | 04/30/2014 | 11:00 AM EDT

Despite his lifetime ban, the Los Angeles Clippers owner is not budging on selling his team

Los Angeles Clippers owner Donald Sterling is not going down without a fight, despite stiff penalties for his racist remarks in a recorded conversation.


On Tuesday, NBA Commissioner Adam Silver handed Sterling a lifetime ban from the league and ordered the 81-year-old developer to pay $2.5 million. He has also been urged to sell the franchise, which is estimated to be worth $750 million.


WIFE OF L.A. CLIPPERS OWNER DONALD STERLING SUES HIS MISTRESS


But before the official decision came down, Sterling told Fox contributor Jim Gray, "The team is not for sale and he will not be selling the team."


Fortunately, Sterling might have not a choice. The NBA's board of governors can force a sale of a team with a three-fourths vote if the owner acts "in such a way as to affect the [NBA] or its owners adversely." Silver said he's confident the board will make a decision that is likely to be unanimous.


OPRAH WINFREY TO DONALD STERLING: 'PLANTATION DAYS ARE OVER' [VIDEO]


Should the board's decision go through, there are a number of buyers interested purchasing the Clippers. ESPN reports Oprah Winfrey is considering teaming up with David Geffen and Larry Ellison to make a bid for the team.


But, contrary to reports, Magic Johnson is not in the running.


"To NBA Fans, I want to put a stop to a rumor," he tweeted Monday. "I am not trying to buy the Clippers, they already have an owner."

Centric Announces 'Queen Boss' A Reality Series for Black Female Entrepreneurs

related stories

Black Woman's Airline

Sizakele Petunia Mzimela makes history with Fly Blue Crane

Patti's Cooking Empire

Patti talks new ventures, Black buying power

Jay Z Finds Buyer?

Hip-hop mogul meets with executives at Samsung

Black Restaurant Month

Blogger gives Black businesses needed spotlight

comments