Sports

Report: Donald Sterling Authorizes Wife To Negotiate Sale Of Clippers

Donald Sterling, left, with Shelly Sterling. (Getty Images)

Donald Sterling, left, with Shelly Sterling. (Getty Images)

(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.

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.