The NBA announced a settlement with Shelly Sterling and the Sterling Family Trust on Friday afternoon to allow the Los Angeles Clippers to be sold to Steve Ballmer. A vote of the Board of Governors will be needed to make the sale final.
In exchange, the NBA will end its attempt to terminate the Sterlings’ ownership of the franchise.
But minutes before the NBA’s statement on the matter, Donald Sterling sued the NBA and Commissioner Adam Silver for damages in excess of $1 billion in U.S. District Court in Los Angeles.