On Wednesday morning, news broke suggesting that all bids for the Los Angeles Clippers needed to be in by 5pm EST, a shock to many as some bidders had yet to even contact Shelly Sterling, wife of embattled owner Donald Sterling in attempts to purchase the franchise.
Hoping to expedite the process, the NBA may opt to bypass their meeting scheduled for June 3rd in which the Board of Governors would meet with Sterling and determine his fact in the league.
Obviously expected to be ousted, the meeting may be nothing more than a waste of time for all parties and knowing that, the league could decide to reschedule and meet when a sale has been agreed upon, this according to Sports Illustrated.
According to sources, if Sterling presents the NBA with a completed agreement to sell the Clippers before Tuesday’s meeting, and if the NBA has a “favorable impression” of both the dollar amount and the incoming owners, the league would postpone the hearing until it can formally vet the purchase, sale agreement and pending owners. If the NBA later approves the transaction, the Clippers would be sold and Sterling, along with his wife and co-owner, Shelly Sterling, would no longer have any affiliation with the NBA.
Understandably the NBA wants this sale to move along quickly as possible and cleanly as possible. If that requires to allow the Sterling’s to make the sale themselves, that may be the route the league decides to run with.
As of now, it does not appear as if the meeting has been canceled though that could be decided upon in he coming days.
Bids for the Clippers are said to be ‘out of control‘.