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LOS ANGELES — The NBA has canceled its hearing to consider Donald Sterling’s ownership of the Los Angeles Clippers, saying the team will be sold to Steve Ballmer.
The league says in a statement that it has resolved its dispute over the franchise’s ownership with Shelly Sterling and the Sterling Family Trust. They agreed to sell the franchise to Ballmer on Thursday for $2 billion.
According to a statement today, Shelly Sterling and the Trust “also agreed not to sue the NBA and to indemnify the NBA against lawsuits from others, including from Donald Sterling.”
With that, “the NBA will withdraw its pending charge to terminate the Sterlings’ ownership of the team.”
The NBA had charged Donald Sterling with damaging the league by making racist comments and planned the hearing for Tuesday, where league owners could have terminated his ownership — and Shelly’s as well.