Clippers CEO and Shelly Sterling to testify today
LOS ANGELES - The interim CEO of the Los Angeles Clippers is set to testify today at the Los Angeles trial to determine whether the sale of the team to former Microsoft CEO Steve Ballmer can go through.
CEO Richard Parsons will be called as a witness to support Shelly Sterling's bid to sell the team to former Microsoft CEO Steve Ballmer for $2 billion.
Parsons took over leadership of the Clippers in May during the media blitz surrounding the banishment of Donald Sterling from the NBA for making racist comments.
Also on today's witness list is Shelly Sterling, who says her estranged husband has the onset of Alzheimer's disease and is not competent to handle his business affairs.
Yesterday, the chief financial officer of Sterling's properties said that if the sale does not go through, the billionaire may be forced to sell a large portion of his real estate empire to cover $500 million in real estate loans.
Desktop NewsClick to open Continuous News in a sidebar that updates in real-time.
Lawmakers prepare for third special session this year
Parkview Baptist teen preps for national rodeo
Dangerous hole in Zachary neighborhood posing serious threat, residents concerned
Power restored after storms pound East Baton Rouge again Friday
Mayor-president pushing for new sales tax to improve East Baton Rouge traffic
Temeka Johnson basketball camp about more than the game
Saints looking to fill backfield void during Ingram's 4-game absence
Saints RB Mark Ingram says he's 'not angry' with his contract
Sean Payton's coaching style propels him into 13th year with Saints
New coach excited to change basketball culture at Southern