Sterling banned for life from the NBA (P. 40)

[Fairview4Life]

Could see the Clippers going for a high as $700 million or more.

Add another several hundred million to that. The Clippers are worth significantly more than the Bucks. They would sell for at least a billion dollars.

[RaptorJ]

Attention other white people: if you think you can even experience racism, you are wrong. We can 'laugh it off' because we are the privileged people in power. Larry Johnson can call me a cracker or be mad that I am dating his sister, and I still won't go to jail for smoking pot, and I will still get interviewed for jobs based on my name sounding white. I can 'laugh it off' because it is meaningless. It does not affect me in anyway. The reverse is not true. Stop whining about a double standard. It is something that ignorant 20 year olds believe and it is as harmful as Donald Sterling's more overt racism.

8/10 good trolling.

[Local_NG_Idiot]

Could see the Clippers going for a high as $700 million or more.

Add another several hundred million to that. The Clippers are worth significantly more than the Bucks. They would sell for at least a billion dollars.

doubtful, Forbes had the Bucks valued at 405million with the Clippers valued at 575million at the beginning of this year. The Bucks selling for 500million with a discount for staying put will be of equal value discount on the sponsors already lost and the forceful exit of Sterling. 650-700 sounds about right.

[cammac]

Could see the Clippers going for a high as $700 million or more.

Add another several hundred million to that. The Clippers are worth significantly more than the Bucks. They would sell for at least a billion dollars.

doubtful, Forbes had the Bucks valued at 405million with the Clippers valued at 575million at the beginning of this year. The Bucks selling for 500million with a discount for staying put will be of equal value discount on the sponsors already lost and the forceful exit of Sterling. 650-700 sounds about right.

Donald Sterling purchased the Clippers for $12.5 million dollars.

[RaptorJ]

I love how Sterling didn't have to sell his team when he was refusing to rent to blacks or Hispanics and calling them dirty vermin, but when he tells his girlfriend she can't bring blacks to games that's going too far.

Actually Sterling probably should sell his team because they're at an all-time high in value and probably will never be better than they are now. Sell them for some ridiculous amount of money and buy a small country.

[Fairview4Life]

Could see the Clippers going for a high as $700 million or more.

Add another several hundred million to that. The Clippers are worth significantly more than the Bucks. They would sell for at least a billion dollars.

doubtful, Forbes had the Bucks valued at 405million with the Clippers valued at 575million at the beginning of this year. The Bucks selling for 500million with a discount for staying put will be of equal value discount on the sponsors already lost and the forceful exit of Sterling. 650-700 sounds about right.

The sponsors will immediately return when Sterling sells though. That will be taken into account. Milwaukee would have sold for 600-650 million or so to the Seattle group. the LA (that's the important part) Clippers will sell for significantly more than that.

[Courtside]

Marc Jackson's telling fans to boycott game 5, but doesn't think the players should.

"They've got families and bills. This is their job. This is their livelihood. They dreamt their whole life for it.

Don't like this response. Start with a player boycott, then encourage the fans. 'Families and bills?'

Why should the players be punished for this? Would you walk away from a chance to play your way into the Finals and maybe winning a title, when that's been your life's goal to that point?

[jonny three time]

Actually Sterling probably should sell his team because they're at an all-time high in value and probably will never be better than they are now. Sell them for some ridiculous amount of money and buy a small country.

Then he can turn that small country into an all WASP & Jewish Utopia, with a few hot black chicks thrown in. Mwuuhahahaha. MWUUUHAAAHAAAHAAAHAA!

(I kid I kid)

[RaptorJ]

As a Clipper fan, if the players boycotted, I'd get together with other fans and demand my money back for season tickets.

[Local_NG_Idiot]

Add another several hundred million to that. The Clippers are worth significantly more than the Bucks. They would sell for at least a billion dollars.

doubtful, Forbes had the Bucks valued at 405million with the Clippers valued at 575million at the beginning of this year. The Bucks selling for 500million with a discount for staying put will be of equal value discount on the sponsors already lost and the forceful exit of Sterling. 650-700 sounds about right.

Donald Sterling purchased the Clippers for $12.5 million dollars.

What bearing does that have on the current valuation of his franchise? It was worth that in 1981, however, he has run the team, regardless of winning, with a positive operating income for the majority of those years. A 20% ROI on his initial investment pretty much tells you he's a smart man when it comes to money and business, he's just not a smart man when it comes to social behaviours.

[OakleyDokely]

Your Complete Quotable Guide To Decades Of Donald Sterling's Racism

wanna know why you think you can coach these n@%gers.
(To potential coach Rollie Massimino, 1983)

That's because of all the blacks in this building, they smell, they're not clean.
(To a property supervisor, 2002, sworn testimony.)

And it's because of all of the Mexicans that just sit around and smoke and drink all day.
(Ibid.)

I don't like Mexican men because they smoke, drink and just hang around the house.
(Ibid.)

Is she one of those black people that stink? [...] Just evict the bitch.
(Ibid.)

I'm offering a lot of money for a poor black kid.
(On negotiations to sign Danny Manning, 1988, allegedly in David Stern's presence.)

I don't have to spend any more money on them, they will take whatever conditions I give them and still pay the rent.
(On Koreans, sworn testimony.)

According to former general manger Elgin Baylor, Sterling envisioned a "Southern Plantation type structure" for the Clippers, one in which, as he allegedly put it to Baylor, "poor black boys from the South" played for a white head coach.
(2009.)

Why are you taking pictures with minorities? Why? It's like talking to an enemy. Hispanics feel certain things towards blacks. Blacks feel certain things toward other groups [...] It will always be that way. [...] It bothers me a lot that you're associating with black people. [...] You're supposed to be a delicate white or a delicate Latina girl. [...] You don't have to have yourself walking with black people.
(2014.)

In 2009 Sterling was subject to the largest housing discrimination lawsuit payout ever, related to his attempts to evict blacks and Hispanics from his properties. In 2011 he testified that he did not know Hall of Famer Elgin Baylor had been a basketball player at the time Baylor was hired by the Clippers. That same year, he celebrated Black History Month in the wrong month.

Other Sterling lowlights:

In 2011, he refused to cover a Clippers assistant coach's prostate cancer treatment, forcing NBA players to pay for it. Players complained Sterling brought women into the locker room while they were showering, and told the women to "look at those beautiful black bodies."

Oh, and then there's all the sexual harassment lawsuits and Sterling's demands that women "let me put it in [...] or suck on it."

When you pay a woman for sex, you are not together with her. You're paying her for a few moments to use her body for sex. Is it clear? Is it clear?
(Sterling's own sworn testimony, 2003.)

ESPN's Bomani Jones wrote, "It was fun to laugh at Donald Sterling when he was a joke. Now that we know what he's up to when he's being serious, he deserves a lot more attention."

Jones wrote those words in 2006.

http://deadspin.com/your-complete-quota ... 1568047212

[C Court]

The notion that because Sterling said bad things before and nothing happened - so why now ...... Is silly.

In life and in the legal system, we generally give someone a chance to fix their mistakes and do the right thing. For example, you often don't go to jail on the first or second offence.

But eventually your bad behaviour reaches the tipping point and there are no more 'Get Out of Jail Free' cards. That's where we are with Sterling.

[Fairview4Life]

doubtful, Forbes had the Bucks valued at 405million with the Clippers valued at 575million at the beginning of this year. The Bucks selling for 500million with a discount for staying put will be of equal value discount on the sponsors already lost and the forceful exit of Sterling. 650-700 sounds about right.

Donald Sterling purchased the Clippers for $12.5 million dollars.

What bearing does that have on the current valuation of his franchise? It was worth that in 1981, however, he has run the team, regardless of winning, with a positive operating income for the majority of those years. A 20% ROI on his initial investment pretty much tells you he's a smart man when it comes to money and business, he's just not a smart man when it comes to social behaviours.

He is an NBA owner in LA. Not making a positive operating income would have been next to impossible. His complete mismanaging of the team over 25 years probably cost him a lot more money than he has made over that time, but that's certainly an arguable point. He isn't necessarily a smart business man because NBA team values have sky rocketed over the last 3 decades. In fact, I'd argue that he has just been in the right place at the right time and has enough of a love of the cachet of being a pro sports team owner that he never wanted to sell the team. Just because someone has made money, doesn't actually mean they are good at making money. As counter-intuitive as that might seem. The old 'starting on third thinking you hit a triple' corollary.

[OakleyDokely]

The fact the Clipppers aren't worth anywhere close to the Lakers is due to Sterlings incompetence.

We're talking about the LA market here, during a time when sports franchise values are going through the roof. Yes, the Clippers don't have the legacy of the Lakers (largely due to Sterling), but his franchise should be worth a hell of a lot more given it's located in one of the biggest cities in the world.

An owner like Cuban (or any sane business man), could turn that Clippers franchise into a 1B+ business in a short period of time.

[Fairview4Life]

Deadspin putting in work.

http://deadspin.com/sterling-lawsuit-ag ... 1568951068

When news broke last Friday of the Donald Sterling audio, we noted that Sterling's mistress/girlfriend, V. Stiviano, was being sued by the Clippers owner's wife, Rochelle. The official statement from the team claimed that Stiviano "is the defendant in a lawsuit brought by the Sterling family alleging that she embezzled more than $1.8 million, who told Mr. Sterling that she would 'get even.'" That's a bit of a stretch. You can read the whole lawsuit at the bottom of the page. What it amounts to is little more than a wife lashing out at her husband's gold-digging mistress for having successfully dug up gold.

[Local_NG_Idiot]

He is an NBA owner in LA. Not making a positive operating income would have been next to impossible. His complete mismanaging of the team over 25 years probably cost him a lot more money than he has made over that time, but that's certainly an arguable point.

It is an arguable point. He stuck to his business plan of operations which was not caring about winning games, use the draft as a cheap means of obtaining exciting marketable young talent and allowing developed talent to either walk or be traded for additional cheap assets. Again, no mandate to actually win games was his business plan.

He isn't necessarily a smart business man because NBA team values have sky rocketed over the last 3 decades. In fact, I'd argue that he has just been in the right place at the right time

If you believe a billionaire has made hundreds upon millions (if not billions after he sells the Clips) by shear luck of the draw, I don't know what to tell you here. That is truly a naive perspective.

and has enough of a love of the cachet of being a pro sports team owner that he never wanted to sell the team.

I have no idea whether he loves basketball or not, but I could just as easily point back to the fact that his company remained profitable and continued to increase in value annually by double digit growth which for a business owner, is more than enough reason to hold onto your company regardless of ego, or love of ownership.

Just because someone has made money, doesn't actually mean they are good at making money. As counter-intuitive as that might seem. The old 'starting on third thinking you hit a triple' corollary.

I'm actually making the statement that he's on third not because of hitting a triple, but because he had the heart of his lineup at the plate and executed his gameplan in playing the averages to advance his runner into scoring position.

[theonlyeastcoastrapsfan]

Kareem was on point in his comments.

[theonlyeastcoastrapsfan]

He is an NBA owner in LA. Not making a positive operating income would have been next to impossible. His complete mismanaging of the team over 25 years probably cost him a lot more money than he has made over that time, but that's certainly an arguable point.

It is an arguable point. He stuck to his business plan of operations which was not caring about winning games, use the draft as a cheap means of obtaining exciting marketable young talent and allowing developed talent to either walk or be traded for additional cheap assets. Again, no mandate to actually win games was his business plan.

He isn't necessarily a smart business man because NBA team values have sky rocketed over the last 3 decades. In fact, I'd argue that he has just been in the right place at the right time

If you believe a billionaire has made hundreds upon millions (if not billions after he sells the Clips) by shear luck of the draw, I don't know what to tell you here. That is truly a naive perspective.

and has enough of a love of the cachet of being a pro sports team owner that he never wanted to sell the team.

I have no idea whether he loves basketball or not, but I could just as easily point back to the fact that his company remained profitable and continued to increase in value annually by double digit growth which for a business owner, is more than enough reason to hold onto your company regardless of ego, or love of ownership.

Just because someone has made money, doesn't actually mean they are good at making money. As counter-intuitive as that might seem. The old 'starting on third thinking you hit a triple' corollary.

I'm actually making the statement that he's on third not because of hitting a triple, but because he had the heart of his lineup at the plate and executed his gameplan in playing the averages to advance his runner into scoring position.

I recall reading that he had the best deal in the NBA being able to use the Staples Centre for peanuts.

[endo]

Wow. Let me first ask you this. When has a black person ever said that white people should never be seen in public with their girlfriends.

From my personal experience as a white guy who has dated girls from several different cultures (including east Asian, south Asian, Latino and Black) I received the most hostility from black guys for being with "their" women.


This is why I find all the outcry over Sterling's comments to be very hypocritical.


I really wonder how Doc Rivers would feel if his daughter came home with a white guy - or an asian or middle eastern guy?

Oh plz. Just because you experienced prejudice doesn't make the outrage of what sterling said any less hypocritical. And it wasn't just what sterling said about bringing black people to his games. He said he did not value black people the same way he valued white people. Do you people who complain about the outcry actually read all of his comments and understand the implication of what he said, or are you just here to complain about white victimhood?

Well I think a lot of people need to stop and think how they would react if they saw their girlfriend with other men.....and then picture their girl posing with men of other races that perhaps may bring out some of their own insecurities.


So I'm calling it like I see it.....I really feel that a lot of these people calling out Donald Sterling are hypocrites.



I'm just keeping it as real as possible here and all you politically correct dudes are getting your panties in a bunch.


So basically before you stand on your high horse and try to judge someone, how about you consider how you'd react in that position?

And be honest with yourself.

[Courtside]

The fact the Clipppers aren't worth anywhere close to the Lakers is due to Sterlings incompetence.

We're talking about the LA market here, during a time when sports franchise values are going through the roof. Yes, the Clippers don't have the legacy of the Lakers (largely due to Sterling), but his franchise should be worth a hell of a lot more given it's located in one of the biggest cities in the world.

An owner like Cuban (or any sane business man), could turn that Clippers franchise into a 1B+ business in a short period of time.

...and this is why the sale price will be extremely high. The market that a team is in has far more to do with its value than previous success on the court, along with earning potential. Forbes rankings are one thing, but not entirely accurate as to what a team will actually SELL for. The Spurs have been stellar as a franchise over the past 15 years and would never actually sell for what the Clippers would actually fetch on an open market.

Prokhorov got an absolute steal when he bought the Nets, but it was mostly because of the massive debt that was in place and old arena in a terrible location. The Clippers have zero debt and benefit from the Lakers with respect to a brand new arena in a great location in a great market.

There's no way they sell for less than $700 but a billion is probably not happening, considering thy don't have their own arena and are secondary in their market to arguably the most dominant franchise in the league.