Former owner Donald Sterling has settled a legal dispute with the NBA over the $2 billion sale of the Los Angeles Clippers in 2014, according to Nathan Fenno of the Los Angeles Times:
Donald Sterling’s long-running legal fight with the NBA over the $2-billion sale of the Clippers to Steve Ballmer ended Friday when the team’s former owner settled the dispute with the league.
Sterling’s attorney Bobby Samini confirmed the settlement to the LA Times, and told them that Sterling is “pleased with the outcome and is looking forward to focusing on future endeavors.”
However, details of the settlement were not available.
After TMZ released recordings of racist remarks from Sterling, he was banned for life from the NBA and fined $2.5 million by then-commissioner Adam Silver in 2014. Sterling was forced to sell the Clippers for $2 billion to Microsoft CEO Steve Ballmer.
Sterling filed a lawsuit in 2014 in which he claimed that Silver and the NBA conspired to remove him as owner of the Clippers, but U.S. district judge Fernando M. Olguin dismissed the case in March, calling it “plainly insufficient” and “clearly implausible”.