Deals
Sterlings Said to Agree to Sell Clippers, Seek $1 Billion
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Donald Sterling agreed to let his wife, Shelly, oversee a sale of the Los Angeles Clippers, according to two people with direct knowledge of their decision, avoiding a legal battle with the National Basketball Association that might have diminished the value of the franchise.
The people requested anonymity because no announcement has been made. Max Blecher, an attorney for Donald Sterling, didn’t return phone calls seeking comment on his plan for the team.