Embattled and disgraced LA Clippers owner Donald Sterling has agreed to relinquish ownership of the Clippers to his estranged wife of 59 years, Rochelle "Shelly" Sterling. Gossip tabloid TMZ.com reports that Shelly has agreed to sell the team -- but only on her terms.
According to TMZ, Shelly is in secret negotiations with NBA officials, who are ramping up efforts to force Donald Sterling to sell the team after he was secretly recorded telling his ex-mistress, V. Stiviano, not to bring black men (specifically Magic Johnson) to his games.
Our sources say Shelly and her lawyer, Pierce O'Donnell, have been secretly meeting with NBA Commissioner Adam Silver and NBA lawyers to "resolve the dispute amicably." We're told Shelly realizes the NBA wants the team sold, but she has significantly more leverage and credibility with the league than Donald. Her end game is simple -- she won't object to the sale, but SHE wants to call the shots.
Our Sterling sources say Shelly is prepared to sue the NBA and she will file legal docs on Tuesday if the NBA orders an INVOLUNTARY sale. She's down with a sale but only a voluntary one that puts her in control.
Attorney Pierce O'Donnell would not comment on this story, but did say, "Shelly Sterling's preference has always been to find a way to resolve this dispute amicably with the NBA in a mutually satisfactory manner."
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