RE: A forced sale will not result in “market value.”
It is ILLEGAL to force someone to sell his property at a loss.
The LAW is on Sterling’s side. Neither the NBA nor Magic Johnson can buy the team for LESS than what it is currently worth.
Sure, they can pressure Sterling to sell, but they CANNOT force him to sell it at less that what it’s worth.
And who decides what it's "market value" is, Einstein?
The only one who can decide that is Sterling, and if he doesn't want to sell there is no "market price."
Not if you’re in a franchise system it isn’t. The keepers of the by-laws can make you sell and if it’s at a loss too bad for you. Heck they don’t even have to let you sell, the NBA could just end his franchise no opportunity to make any money on it.
Further, forced sales are not taxable.