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Donald Sterling to Sue the NBA for $1 Billion

Posted on 5/30/14 at 4:15 pm
Posted by undecided
Member since May 2012
15492 posts
Posted on 5/30/14 at 4:15 pm
quote:

@daringantt: He's basically Dr. Evil at this point. RT @NBCNews: Donald Sterling to sue NBA for $1 billion LINK LINK

This post was edited on 5/30/14 at 4:20 pm
Posted by goldennugget
Hating Masks
Member since Jul 2013
24514 posts
Posted on 5/30/14 at 4:16 pm to
Good for him

Needs to stand up to the NBA bully and PC crowd

I saw a poll showing Sterling is even more hated than known murderers... media has shaped the narrative too long
Posted by Walking the Earth
Member since Feb 2013
17260 posts
Posted on 5/30/14 at 4:16 pm to
Yeah, good luck with that.
Posted by KillerNut9
Pearl Jam
Member since Dec 2007
33508 posts
Posted on 5/30/14 at 4:17 pm to
Oh frick yes
Posted by VermilionTiger
Member since Dec 2012
37586 posts
Posted on 5/30/14 at 4:18 pm to
Good, he got screwed over
Posted by teke184
Zachary, LA
Member since Jan 2007
95749 posts
Posted on 5/30/14 at 4:18 pm to
I'm curious as to how this will proceed if the Clipper trust has gotten him declared mentally incompetent.
Posted by WestCoastAg
Member since Oct 2012
145174 posts
Posted on 5/30/14 at 4:18 pm to
good luck
Posted by undecided
Member since May 2012
15492 posts
Posted on 5/30/14 at 4:19 pm to
quote:

Good, he got screwed over

By being forced to sale the team he purchased for 12 million dollars for $2 billion. Yeah, he really got screwed
Posted by saintsfan22
baton rouge
Member since May 2006
71662 posts
Posted on 5/30/14 at 4:19 pm to
quote:

I'm curious as to how this will proceed if the Clipper trust has gotten him declared mentally incompetent.


He'll forget he did it tomorrow and change his mind.
Posted by bayou2003
Mah-zur-ree (417)
Member since Oct 2003
17646 posts
Posted on 5/30/14 at 4:21 pm to
Hell I'd love to get screwed over like that.lol.
Posted by Walking the Earth
Member since Feb 2013
17260 posts
Posted on 5/30/14 at 4:21 pm to
And that's one of the many reasons why this is going nowhere.

His old lady sold the team out from under him before the NBA even voted.
Posted by undecided
Member since May 2012
15492 posts
Posted on 5/30/14 at 4:24 pm to
quote:

His old lady sold the team out from under him before the NBA even voted.

Pretty sure she's just waiting on him to die at this point so she can really get the party started.

I always thought she was as big of a gold digger as V Stiviano for remaining married to someone who openly cheated but I guess it paid off for her in the end.
Posted by PortCityTiger24
Member since Dec 2006
87455 posts
Posted on 5/30/14 at 4:26 pm to
What had Steve Ballmer ever done for the black people??
Posted by PrimeTime Money
Houston, Texas, USA
Member since Nov 2012
27305 posts
Posted on 5/30/14 at 4:27 pm to
quote:

By being forced to sale the team he purchased for 12 million dollars for $2 billion. Yeah, he really got screwed

It's not about the money. It's about the principle.

I'm sure other owners secretly do not want to vote him out because of the precedent it sets. But they are going to essentially be forced to vote him out... because if they vote for him to stay, they will be destroyed by the media and public opinion.
Posted by undecided
Member since May 2012
15492 posts
Posted on 5/30/14 at 4:27 pm to
quote:

@nathanfenno: Donald Sterling's attorney says claims his client is mentally incompetent are "absurd." LINK
Posted by burdman
Louisiana
Member since Aug 2007
20686 posts
Posted on 5/30/14 at 4:29 pm to
quote:

It's not about the money. It's about the principle.


This.

quote:

I'm sure other owners secretly do not want to vote him out because of the precedent it sets.


And this.
Posted by Bear Is Dead
Monroe
Member since Nov 2007
4696 posts
Posted on 5/30/14 at 4:30 pm to
quote:

By being forced to sale the team he purchased for 12 million dollars for $2 billion. Yeah, he really got screwed

He'll pay cap gains on $2 bil, which will come out to about $800 mil. Then his kids will pay inheritance tax on that $1.2 bil. End result is about $600 mil. So its not like hes pocketing $2bil.
Posted by Green Chili Tiger
Lurking the Tin Foil Hat Board
Member since Jul 2009
47613 posts
Posted on 5/30/14 at 4:34 pm to
quote:

So its not like hes pocketing $2bil.


Not sure he will be pocketing anything. The trust that owns the Clippers had him declared mentally unfit which makes his wife the sole trustee.
Posted by Ostrich
Alexandria, VA
Member since Nov 2011
8760 posts
Posted on 5/30/14 at 4:38 pm to
I wouldn't be surprised if this dude is dead within a year, hope I'm wrong but it seems like he's going crazy
Posted by Walking the Earth
Member since Feb 2013
17260 posts
Posted on 5/30/14 at 4:42 pm to
Maybe he'll settle for Clippers season tickets and the opportunity to make a half court shot for cash at a future game.
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