A three-page order issued by the Los Angeles Superior Court on Tuesday, August 12, approved the sale of Los Angeles Clippers to former Microsoft chief executive Steve Balmer, the LA Times reported.
The decision ended weeks of legal battle between former Clippers owner Donald Sterling and his estranged wife, Shelly Sterling. In June, Shelly Sterling removed her husband as a co-trustee in the Sterling Family Trust after being deemed mentally unfit, and asked the court to grant her the sole authority to sell the franchise. Last week, the NBA board of governors also voted 29-0 in favor of the sale.
The sales agreement entitles Shelly Sterling two courtside seats for each Clippers game at Staples Center, six parking slots, three championship rings for every successful Clippers NBA Finals, and will also be given the role of “owner emeritus.”
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