Nalod wrote:I read Magic and his group will make a play for it.I don't know why a black owned group is the best for Clippers? It would be an emotional fix but I'd say you want an owner with deep pockets that can buy it, and have money to fund it.
Sterling and his wife have been separated for years. Divorce seems likely now and if so might be cause to sell the team if the finances don't work out.
I don't know how the CLippers are structured regarding ownership. Does he have partners? How is the holding company set up? Estate planning ramifications? Taxes due if sold?
Lots of questions and planning goes in when an old guy owns the team and little is anticipated when the old fool makes a mockery of himself.
We talking a billion dollar franchise, not chump change. Donald sterling is very wealthy but all the above starts to complicate a situation. The owners want him out but really just want this fixed. How that gets done? I don't know.
a black-owned group is best for the clippers, the nba, and american society. i hesitate to use the term "symbolic" because it feels patronizing. however, in a league that is predominantly african-american, we as americans need to see more black ownership so that there's a better chance of moving away from the "plantation model" that david west mentioned.
bill rhoden wrote a book called "40 million dollar slaves" that raises this issue, even calling out robert l. johnson for not doing enough as a black owner to effect genuine social change. not to say that i agree with rhoden-- johnson and michael jordan (who rhoden also takes to task) are not obliged to be social activists-- but in this instance of the clippers something positive must come out of this and black ownership would be ideal. am i right? (by the way rhoden is a terrible writer.)
knicks win 38-43 games in 16-17. rose MUST shoot no more than 14 shots per game, defer to kp6 + melo, and have a usage rate of less than 25%