Monday, June 09, 2014

Sterling to run charity as part of Clippers' deal - chicagotribune.com

Sterling to run charity as part of Clippers' deal - chicagotribune.com: Los Angeles Clippers co-owner Shelly Sterling will continue to be close to the organization as part of the terms of the team's sale to former Microsoft CEO Steve Ballmer, according to the Associated Press.

Two sources told the AP that the $2 billion deal allows for up to 10 percent of the team -- or $200 million -- to be funneled into a charity run by Sterling.

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