What warms my heart is how this transaction will help better the community...cure cancer, remove people from poverty, bring peace to the world? I wish he would have closed down the team and walk away from the entire group of morons.
He could do that. I don’t think the NBA could stop an owner from just shutting down the team.
However, I don’t think Sterling would want to shell out the money that he would have to fulfill all contracts he signed: players, vendors, city, to do this.
Which would be the same as if he had piled well over half a billion dollars in a field and set fire to it. Where is the sense in that? At least he walks away with hundreds of millions of dollars in profit from his original investment.