(CBS) Donald Sterling has authorized his wife Shelly to negotiate a sale of the Los Angeles Clippers in the face of the NBA’s progress toward terminating his ownership, ESPN’s Ramona Shelburne reported.[tweet https://twitter.com/ramonashelburne/statuses/469851806881681408 width=”340″] [tweet https://twitter.com/ramonashelburne/statuses/469852954711699458 width=”340″]
Sterling figures to receive a massive windfall that could go above $1 billion, according to some estimates. ESPN’s Bill Simmons has even predicted the sale price will be $1.5 billion or more.
The biggest takeaway here is that Sterling doesn’t appear intent to sue the NBA to keep control of the team. That would likely lead to a quicker resolution of one of the ugliest episodes in NBA history.