Jul 29, 2014 5:25 AM
CALIFORNIA - Los Angeles Clippers owner Donald Sterling lost his attempt to block the $2 billion sale of his team to former Microsoft CEO Steve Ballmer.
Superior Court Judge Michael Levanas sided with Sterling's estranged wife, Shelly Sterling, who negotiated the record sale with Ballmer.
The judge said Shelly Sterling had negotiated a good deal and that her removal of her husband as a co-trustee of the team was in good faith and not part of a secret plan to seize the team.
The NBA banned the 80-year old billionaire in April for making racist remarks.
2 hours ago
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