((HT: ESPN))
Donald Sterling is a very busy man in the middle of his probate case going on in Los Angeles.
He filed another concurrent suit in Superior Court seeking damages from the NBA, commissioner Adam Silver, his wife Shelly Sterling, and the Clippers alleging they all violated corporate law in trying to sell the team.
Sterling argues he is the sole owner and shareholder of the parent organization: LAC Basketball Club- that manages and runs the team. His interest in LACBC was in the Family Trust, but he maintains that when he revoked the trust (the crux of the current arguments in probate court), everything went back to his own personal interest and management.
And, therefore, he's the guy in charge of everything- not his wife or anyone else.
Max Bretos checks in with Ramona Shelburne about the latest adventures
And then interim CEO Richard Parsons, as part of his testimony, revealed and reinforced that if Donald Sterling was to remain owner that coach and GM Doc Rivers was checking out.
Bretos and Shelburne again
Clippers fans who have followed the franchises ups and downs for a long time feel this is par for the course and should not be surprised that the final salvo Donald Sterling is interested in firing at any of his detractors is going to just have the franchise in a slow burn of failure- mandated by behavior in the courts of Los Angeles.
If Donald Sterling is going down, he is going to take it all with him...
To hell with all of you...
Showing posts with label Richard Parsons. Show all posts
Showing posts with label Richard Parsons. Show all posts
Tuesday, July 22, 2014
Friday, May 9, 2014
NBA Names Parsons CEO Of Clippers, Is He The Boss...???
((HT: Fox Sports West/NBA))
Doc Rivers almost made it out of Oklahoma City without getting asked about Shelly Sterling after Game 2
He also said, previously, that it would be hard to hang around if there was still any Sterling influence...
Now, we have the next position in the staring contest. Former Citigroup and Time Warner CEO Richard Parsons is now the new CEO of the franchise.
"I believe the hiring of Dick Parsons will bring extraordinary leadership and immediate stability to the Clippers organization," NBA Commissioner Adam Silver said in a statement. "Dick's credentials as a proven chief executive speak for themselves and I am extremely grateful he accepted this responsibility."
The next question will come from the Sterling camp: Does the hiring/insertion of Parsons mean he is the boss of the Sterlings since he is a league appointee or is it the other way around...???
"Like most Americans, I have been deeply troubled by the pain the Clippers’ team, fans and partners have endured," Parsons said in a statement. "A lifelong fan of the NBA, I am firmly committed to the values and principles it is defending, and I completely support Adam’s leadership in navigating the challenges facing the team and the league.
"The Clippers are a resilient organization with a brilliant coach and equally talented and dedicated athletes and staff who have demonstrated great strength of character during a time of adversity. I am honored to be asked to work with them, build on their values and accomplishments, and help them open a new, inspiring era for their team."
Doc Rivers almost made it out of Oklahoma City without getting asked about Shelly Sterling after Game 2
He also said, previously, that it would be hard to hang around if there was still any Sterling influence...
Now, we have the next position in the staring contest. Former Citigroup and Time Warner CEO Richard Parsons is now the new CEO of the franchise.
"I believe the hiring of Dick Parsons will bring extraordinary leadership and immediate stability to the Clippers organization," NBA Commissioner Adam Silver said in a statement. "Dick's credentials as a proven chief executive speak for themselves and I am extremely grateful he accepted this responsibility."
The next question will come from the Sterling camp: Does the hiring/insertion of Parsons mean he is the boss of the Sterlings since he is a league appointee or is it the other way around...???
"Like most Americans, I have been deeply troubled by the pain the Clippers’ team, fans and partners have endured," Parsons said in a statement. "A lifelong fan of the NBA, I am firmly committed to the values and principles it is defending, and I completely support Adam’s leadership in navigating the challenges facing the team and the league.
"The Clippers are a resilient organization with a brilliant coach and equally talented and dedicated athletes and staff who have demonstrated great strength of character during a time of adversity. I am honored to be asked to work with them, build on their values and accomplishments, and help them open a new, inspiring era for their team."
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