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04-27-2014, 12:48 PM
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GreekChat Member
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Join Date: Jul 2001
Location: ILL-INI
Posts: 7,207
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Yup. If the NBA has even the barest modicum of respect for its players, they need to throw Sterling out immediately.
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04-28-2014, 08:28 AM
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GreekChat Member
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Join Date: Sep 2003
Location: Looking for freedom in an unfree world...
Posts: 4,215
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Quote:
Originally Posted by DeltaBetaBaby
Yup. If the NBA has even the barest modicum of respect for its players, they need to throw Sterling out immediately.
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They cannot force Sterling out. They can pressure him (again) to sell his team, or I guess, band together to meet his sell out price, but as an owner, it's his team.
NBA doesn't have the anti-trust exemption, which, I heard, was used to help force out baseball owner Marge Schott in the 80s?
I thought Clippers' players response was appropriate yesterday. ABC's repeated shots of Sterling's wife sitting courtside, while they talked about his alleged girlfriend, was brutal to watch.
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04-28-2014, 09:55 AM
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Super Moderator
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Join Date: Aug 2000
Location: Southeast Asia
Posts: 9,026
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Quote:
Originally Posted by TonyB06
They cannot force Sterling out. They can pressure him (again) to sell his team, or I guess, band together to meet his sell out price, but as an owner, it's his team.
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Steve Ballmer is willing and have plenty of cash to buy. Of course, the Clippers will immediately be called the Seattle Supersonic.
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04-28-2014, 10:20 AM
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Super Moderator
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Join Date: Feb 2002
Location: Oklahoma City, Oklahoma
Posts: 18,668
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Quote:
Originally Posted by moe.ron
Steve Ballmer is willing and have plenty of cash to buy. Of course, the Clippers will immediately be called the Seattle Supersonic.
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If Seattle doesn't pony up a new arena, I doubt that.
The people of Seattle didn't want the team. That's why it's now (happily) the OKC Thunder.
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04-28-2014, 12:03 PM
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GreekChat Member
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Join Date: Apr 2014
Posts: 10
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Confused
As a clippers fan, that just discusses me. I mean, you have a black gf so I don't even know how racist this guy really is. I just don't get it. But I just hope that the clippers don't throw the game because of this. They are playing for themselves at the end of the day, not sterling.
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04-29-2014, 10:14 PM
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GreekChat Member
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Join Date: Mar 2007
Location: Land of Chaos
Posts: 9,265
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Sterling could be facing a bigger financial hit
http://www.slate.com/blogs/moneybox/...0_million.html
"Let’s run through some quick back of the envelope calculations. By all accounts, the Clippers are far more valuable today than when Sterling bought them in 1981 for $12.5 million. According to the Wall Street Journal, insiders think he could “easily fetch $700 million or more from the sale.” So let’s assume, for the sake of argument, that he makes a full $700 million profit. The federal capital gains rate for high earners is 20 percent, while California’s state rate is 13.3 percent. That’s a $233 million tax bill, leaving $467 million behind."
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