Sterling Trial Resumes: Donald Files New Suit, Clips CEO Dick Parsons Reveals Big News on Stand
By Micky Shaked
Donald Sterling was nowhere to be found on the sixth day of his own trial. That didn’t stop him from filing a new lawsuit against estranged wife Shelly Sterling and the NBA that could delay proceedings awhile.
Meanwhile, in actual court proceedings, Los Angeles Clippers interim CEO Dick Parsons dropped a bomb in court about Doc Rivers and potentially the entire franchise. In the wake of reports that owner-to-be Steve Ballmer will renege on the $2 billion sale if Sterling isn’t removed by August 15, Parsons testified that Rivers would follow Ballmer out the door.
ESPN’s Arash Markazi believes this isn’t exactly new, nor does he believe it’s news.
If Markazi is right, then the Shelly Sterling/Steve Ballmer/NBA holy trinity has done a great PR spin job of backing Donald Sterling further into his corner. Though Judge Michael Levanas won’t count Parsons’ testimony on Rivers as fact, suggesting there won’t be a Clippers team if Sterling doesn’t throw in the towel is a powerful statement.
Indeed, among the topics addressed in his testimony, the theme consistently centered around the potential impact of Donald Sterling remaining the Clippers’ owner versus losing the team. Parsons, appointed CEO by the NBA in early May, asserted that a Rivers departure would open the floodgates for the rest of the team.
Sterling’s presence, according to Parsons, would see sponsors including Kia and Mandalay Bay end their partnerships with the Clippers.
This comes on the heels of a short session on Monday morning followed by a bizarre rendezvous. After an 11-day recess, Shelly Sterling’s lawyers argued revoking the trust and balking on the sale will trigger a default on nearly $500 million in loans.
The Sterling Trust CFO shot that theory down, claiming there are other refinancing options than the Clippers sale. Absent in court, Donald Sterling reportedly met with Ballmer afterwards, though nothing was resolved.
Shelly Sterling will take the stand Wednesday.
Check back tomorrow for an update on what Donald Sterling’s new lawsuit means for the Clippers sale.