Here is how the LA Times describes it:
The whirlwind series of events suggested a potentially rapid resolution to a scandal that appeared as if it might drag on for months or years, though people close to the NBA cautioned that the sale of the team is far from complete and eventually must be approved by the other owners.
http://www.latimes.com/sports/clippers/la-me-clippers-sterling-response-20140528-story.html#page=1
This will not be wrapped up by next week.
They may have verbal agreements and such, but it will not be a complete "sale" (Note: sale has an actual meaning)
The whirlwind series of events suggested a potentially rapid resolution to a scandal that appeared as if it might drag on for months or years, though people close to the NBA cautioned that the sale of the team is far from complete and eventually must be approved by the other owners.
http://www.latimes.com/sports/clippers/la-me-clippers-sterling-response-20140528-story.html#page=1
This will not be wrapped up by next week.
They may have verbal agreements and such, but it will not be a complete "sale" (Note: sale has an actual meaning)
Here's the latest:
By BETH HARRIS
AP Sports Writer
LOS ANGELES (AP) — Shelly Sterling is reviewing bids from five groups interested in buying the Los Angeles Clippers, and a deal could be struck before next week’s owners meeting provided both she and her estranged husband Donald relinquish total ownership in the team.
A person with knowledge of the negotiations told The Associated Press on Wednesday if an agreement to sell is reached before next Tuesday, the league’s owners wouldn’t meet in New York to vote on terminating Donald Sterling’s ownership. The individual wasn’t authorized to speak publicly because the NBA is not commenting on the process.
The individual wouldn’t specify the interested buyers, but says they are major players with considerable financial means. The person told the AP the sale price “appears to be increasing to an unbelievable number,” and that it could soar past $1.5 to $2 billion, and possibly more.
By BETH HARRIS
AP Sports Writer
LOS ANGELES (AP) — Shelly Sterling is reviewing bids from five groups interested in buying the Los Angeles Clippers, and a deal could be struck before next week’s owners meeting provided both she and her estranged husband Donald relinquish total ownership in the team.
A person with knowledge of the negotiations told The Associated Press on Wednesday if an agreement to sell is reached before next Tuesday, the league’s owners wouldn’t meet in New York to vote on terminating Donald Sterling’s ownership. The individual wasn’t authorized to speak publicly because the NBA is not commenting on the process.
The individual wouldn’t specify the interested buyers, but says they are major players with considerable financial means. The person told the AP the sale price “appears to be increasing to an unbelievable number,” and that it could soar past $1.5 to $2 billion, and possibly more.
Yea... Steve Ballmer is wasting his time meeting with Shelly Sterling about spending a billion dollars. She must be just joshing with them... lol.
Also expected to bid for the team after meeting with Shelly Sterling on Sunday is Steve Ballmer, who stepped down as chief executive of Microsoft in February after leading the software company for 14 years.
<aside class="trb_embed " data-content-id="80287031" data-content-size="small" data-content-type="story" data-content-subtype="story" data-role="socialshare_item imgsize_ratiosizecontainer" data-load-type="comment" data-load-method="innerHtml"></aside>Ballmer last year joined a group, led by hedge fund manager Chris Hansen, to bid on the Sacramento Kings and intended to move the team to Seattle. NBA owners voted to reject the proposed move.
Ballmer said in an interview with the Wall Street Journal that, if he succeeded in his new bid, he would not attempt to move the Clippers. He said the team would lose much of its value by leaving L.A.
One of the bidders, who requested anonymity because of the sensitivity of negotiations, said Tuesday that the process would move quickly. “The bids are due Thursday afternoon at 2 p.m.,” the bidder said. “We will probably know who bought the team by Friday.”
www.latimes.com/sports/sportsnow/la-sp-sn-donald-sterling-response-20140527-story.html
It's hilarious how serious you take things. If someone says Friday but it happens Monday or Tuesday doesn't mean they were wrong. If someone says the lawyers will tell Sterling his best option would be to sell but don't explicitly state that in writing even though they are selling the team does not mean someone was wrong, lol. The lengths you take these arguments to are hilarious. You just argued with me over next week versus within two weeks. That's psycho status.
The fact that you lie about your own posts and use words incorrectly isn't a me problem. It is a you problem.
See, you spent a day and half here after it was announced that Sterling hired a lawyer and intends to sue, saying "the owners haven't voted" in a laughable attempt to mitigate the fact you were wrong. Now, of course, even though there has been no vote, you are somehow 'vindicated' by simply pretending you didn't say those things and your prediction wasn't predicated on actions taken after a vote. Down the memory hole it goes.
By the way, I never suggested that something happing on "Monday" instead of "Friday" means it isn't correct. You can't grasp the point because you've never bought or sold anything of significant value and can't realize things don't often move this quickly. But by all means, keep hanging your hate on anonymous bidders who are submitting bids to a woman who can't sell them what they want and responding to things I've never said. You probably do that because you're so "right" and "intelligent"
Remember,
What's another lie on the pile, right?
Actually, I responded to the comically dumb assertion you made - sold next week - which isn't "psycho"
It shows how stupid you actually are. Again, you can't seem to write a coherent sentence without having to revise it or pretend that pointing out what you, yourself authored, is somehow "psycho"
Probably because you're so 'intelligent' and "right"
I haven't been wrong about anything yet. Regardless of what his lawyer is saying to the NBA, he is in the process of selling the team just as I said he would. And the argument about waiting for the owners vote was if he would sue or not over their decision. Which you were saying they were going to do. You mix and match arguments and use all sorts of logical fallacies. Just really weird debate style.
I might be off by couple days or some wording, but the basic premise was this was going to get done quick, without a fight, and he wouldn't be owner by next season. All of which I was told I was an idiot and a moron and dumb for thinking. But I'm connected with the real world... that's why I believe what economists say and climatologists say over what I read on some internet blogs or some conspiracy I come up with. Life is never as crazy as people make it out to be.
New owner will be their within two weeks. You guys will move on to your next story that you will be incorrect about because you don't understand how the real world works.
Except you have to pretend that what Sterling's lawyer said and his response to the NBA didn't happen in order to be "connected to the real world"
"because you don't understand how the real world works."
-Except you've never had a real job, never bought or sold a business or home, never hired or fired anyone.
Other than that, you're like totally connected to the real world and stuff.
