Donald Sterling Relinquishes Ownership of LA Clippers

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.

Read more »