2014 NBA Off-Season; Paul George suffers a double-compund-fracture, likely out for season. Speedy re

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these players aint going anywhere. sterling will drag this thing out to his death. doc will continue to coach the clips and they players will continue to play

the only statement they did was

View media item 1092047

not like these guys gonna sit out gms in protest
 
Yea dem boys are all talk, probably gonna wear kumbayah warm-up shirts opening night

Hope they prove me wrong, but too many dolla's in the air, their probably just going to wait it out, see if silver sticks his neck out to protect his brand
 
Doc said he wouldn't coach, but will he give up his front office position too?

I want Sterling gone like yesterday, but I'm very intrigued to see how this plays out and if these players and coaches put their money where their mouths are. When it comes down to it, I think they all want to collect them checks.

Exactly. Also, Joe Embidd looking stupid by the day. Shoulda stayed in school.
 
Embiid's Twitter makes me even more mad the Lakers weren't able to draft him.
 
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I think I heard something on the radio that if Donald wants this trial to go on he would have to sell some of his assets to pay off 500 Million he has in loans or something because the Clipper asset is pretty much in purgatory or something. Anyone know if there's truth to this?
 
I believe the Clippers would sit out games if Sterling was allowed to keep the team

I do too. Its a different situation than when the Sterling recording came out in the middle of the playoffs. Assuming the sale doesn't go through soon, the players will have time to think about what they want to do and make a stand. They didn't really have that during the season last year.
 
Nevermind, found it


Donald Sterling Is In Danger Of Defaulting On $500 Million In Loans If He Refuses To Sell The Clippers

Read more: http://www.businessinsider.com/donald-sterling-default-loans-clippers-2014-7#ixzz38Er1h9G1

Disgraced Los Angeles Clippers owner Donald Sterling met with former Microsoft CEO Steve Ballmer on Monday following a three-hour meeting with Sterling and his wife, Shelly, according to Ramona Shelburne of ESPN.com.
While no settlement was reached and the details of the meeting are not known, the implication is that Sterling may once again be open to the idea of withdrawing his fight of the $2 billion sale of the Clippers negotiated by his wife.

If Sterling is loosening his grip on the team, it may be as a result of his own decision to dissolve the Sterling Family Trust and the subsequent pressure now coming from banks because of the move.

Sterling dissolved the family trust in a move designed to stop the trust's sale of the team.

Darren Schield, who oversees the finances of The Sterling Family Trust, testified during Sterling's probate trial that three banks are ready to recall loans made to Sterling after he dissolved the trust. Schield also testified that Sterling would have to sell $500 million worth of apartment buildings, a move that would have huge implications for the Los Angeles real estate market, if he continues to fight the sale of the Clippers.

When asked if the family trust had $500 million to cover the loans if they do go into default, Schield said "we do not."



Read more: http://www.businessinsider.com/donald-sterling-default-loans-clippers-2014-7#ixzz38EqwlcmH
 
I think I heard something on the radio that if Donald wants this trial to go on he would have to sell some of his assets to pay off 500 Million he has in loans or something because the Clipper asset is pretty much in purgatory or something. Anyone know if there's truth to this?

That was the testimony that came out at the trial. Its complicated and has to do with trust law, which I'm not an expert on. But yeah, the gist of it is that, if the sale doesn't go through, the trust that owns the team will be at risk of defaulting on a $500 million loan.
 
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