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Donald Sterling owner of LA Clippers
- Thread starter Storm Shadow
- Start date
well, I think that perhaps that Stiviano snapper has dug her last gold, millionaires/billionaires keep mistresses AND secrets, who the fuck could afford keeping a big mouth like that around???
No doubt. Next stop......reality TV. 
Wiggs has a point though.
The NBA can put any arbitrary law on the books and the signatories have to abide by their decisions because it is a CONTRACT.
They have a franchise worth multi-millions to protect from incidents that could damage other owners earnings.
They have a right to be, what most others might consider, ridiculous.
Everyone else?
No.
The NBA can put any arbitrary law on the books and the signatories have to abide by their decisions because it is a CONTRACT.
They have a franchise worth multi-millions to protect from incidents that could damage other owners earnings.
They have a right to be, what most others might consider, ridiculous.
Everyone else?
No.
well that ended up being an expensive piece of ass for him......I hope he got some use from that big mouth of hers
if he fights it, he will, at the very least, make it hurt for everyone. if he is a racist (no doubt in my mind) why is he dating a Hispanic/African woman? does he tie her up & whip her like ol' massa would have? (thought has probably crossed his mind by now, LOL!) why has she not been arrested for illegally taping their conversation? if he is such a bigot, why did he hire a black ex-player as coach & give him GM style power to run the team? if everyone knew he was such a dickhead all of this time, why have they waited so long? inquiring minds want real answers, not PC bullshit...
Yep. He is 80 years old - any bets on how soon it comes out that his mental acuity is starting to go?
Bingo.
"Los Angeles Clippers owner Donald Sterling does not have the authority to stop a $2 billion sale of his team because he has been determined to be mentally unfit to make decisions related to the family trust, a person familiar with the situation told USA TODAY Sports.
The Sterling Family Trust owns the team, with Donald and his wife Shelly each owning a 50% share. The trust spells out provisions and procedures related to the mental capacity of the trustees, and Donald Sterling did not meet the standard in a determination by experts, giving his wife sole decision-making power for the trust, the person said."
http://www.usatoday.com/story/sport...helly-los-angeles-sale-steve-ballmer/9754549/
"Los Angeles Clippers owner Donald Sterling does not have the authority to stop a $2 billion sale of his team because he has been determined to be mentally unfit to make decisions related to the family trust, a person familiar with the situation told USA TODAY Sports.
The Sterling Family Trust owns the team, with Donald and his wife Shelly each owning a 50% share. The trust spells out provisions and procedures related to the mental capacity of the trustees, and Donald Sterling did not meet the standard in a determination by experts, giving his wife sole decision-making power for the trust, the person said."
http://www.usatoday.com/story/sport...helly-los-angeles-sale-steve-ballmer/9754549/
$2b wow. Comped to what other similar NBA team's valuations are that's the equivalent of selling your $500,000 priced house for $2,000,000.
they found a buyer willing to pay 2 billion, seems like this afair has actually incresaed the value of the team.
The buyer is Steve Ballmer, ex CEO of Microsoft. He's worth $22bil. This is not an investment for him. This is a toy and a status symbol. The price he's paying is the most ever for an NBA team, a mediocre one save the past couple years, at that. It's second most expensive sports deal ever after the LA Dodgers at $2.1bil (a historic franchise and perennial playoff team in LA). Compare that to a stepchild franchise of the city (Lakers being the important one). Insane spending spree.
Forbes valued the franchise at $575mil which is comped about right to comparable teams. Hence my analogy of selling a $500,000 house for $2,000,000. Being in LA adds value which is why other buyers were sniffing around at 1.2 (still way overpriced). Ballmer came in and destroyed everyone because he didn't care about valuation and his pockets are hella deep. It's not an investment for him. He wanted a toy. He's known for overpaying for assets. He cut some retardly expensive deals while at Microsoft that have hurt the company in the long run.
Other owners are dancing in the streets because this going to press their valuations up by a large margin.
Forbes valued the franchise at $575mil which is comped about right to comparable teams. Hence my analogy of selling a $500,000 house for $2,000,000. Being in LA adds value which is why other buyers were sniffing around at 1.2 (still way overpriced). Ballmer came in and destroyed everyone because he didn't care about valuation and his pockets are hella deep. It's not an investment for him. He wanted a toy. He's known for overpaying for assets. He cut some retardly expensive deals while at Microsoft that have hurt the company in the long run.
Other owners are dancing in the streets because this going to press their valuations up by a large margin.
Other Ballmer bombs as per WSJ:
Ballmer the Baller.
Ballmer the Baller.
well played.......
and here's the whore herself V Stiviano
bad rappin' on black people with money.
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She's just doing what she has to to keep her media attention from fading away
from TMZ where I found the video
from TMZ where I found the video
The footage was shot back in 2011 as part of a reality show pilot about gold diggers -- V. Stiviano was one of the girls selected to appear ... and in the clip, she rambles on and on about finding a mega-rich guy to settle down with.
http://www.tmz.com/2014/05/31/v-stiviano-racist-black-people-reality-show-video/
from TMZ where I found the video
The footage was shot back in 2011 as part of a reality show pilot about gold diggers -- V. Stiviano was one of the girls selected to appear ... and in the clip, she rambles on and on about finding a mega-rich guy to settle down with.
http://www.tmz.com/2014/05/31/v-stiviano-racist-black-people-reality-show-video/
I don't know I'm black it's not really that offensive she's half black clearly leaning to her Latino side but still half black. Why she wants to be famous that bad for this long is kinda weird she's certainly not alone though her type all over LA/Hollywood people that want to be famous so bad they'll do anything. If they really wanted to punish her they'd just let her fade off instead of keeping her face in the media.
agreed, but it's still big news.
now they're claiming he's nuts (doozy bots), what a chooch.......
I don't understand why it's big news.I know she set up sterling and even if you could twist it into this nutty broad being a racist it doesn't take away from the fact sterling said what he said....does anybody really Care what this crazy woman has to say is it really big news? Does it change anything?
