AP Source: Shelly Sterling reviewing Clippers bids - CBS News 8 - San Diego, CA News Station - KFMB Channel 8

AP Source: Shelly Sterling reviewing Clippers bids

Posted: Updated:
FILE - In this Nov. 12, 2010 file photo, Los Angeles Clippers owner Donald T. Sterling, right, sits with his wife Shelly during the Clippers NBA basketball game against the Detroit Pistons in Los Angeles. (AP) FILE - In this Nov. 12, 2010 file photo, Los Angeles Clippers owner Donald T. Sterling, right, sits with his wife Shelly during the Clippers NBA basketball game against the Detroit Pistons in Los Angeles. (AP)

LOS ANGELES (AP) — Shelly Sterling is reviewing bids from five groups interested in buying the Los Angeles Clippers, and a deal could be struck before next week's owners meeting provided both she and her estranged husband Donald relinquish total ownership in the team.

A person with knowledge of the negotiations told The Associated Press on Wednesday if an agreement to sell is reached before next Tuesday, the league's owners wouldn't meet in New York to vote on terminating Donald Sterling's ownership. The individual wasn't authorized to speak publicly because the NBA is not commenting on the process.

The individual wouldn't specify the interested buyers, but says they are major players with considerable financial means. The person told the AP the sale price "appears to be increasing to an unbelievable number," and that it could soar past $1.5 to $2 billion, and possibly more.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  • SportsMore>>

  • Ultimate Pigskin Picks

    Ultimate Pigskin Picks

    CBS 8 invite you to play along with other San Diego football fans each week and pick the winners!  See how you do against News 8's Sports Director, Kyle Kraska and win weekly prizes!

     

    CBS 8 invite you to play along with other San Diego football fans each week and pick the winners!  See how you do against News 8's Sports Director, Kyle Kraska and win weekly prizes!

     
  • Steelers RB Le'Veon Bell refuses to sign tag, out for 2018

    Steelers RB Le'Veon Bell refuses to sign tag, out for 2018

    Tuesday, November 13 2018 1:44 PM EST2018-11-13 18:44:50 GMT
    Wednesday, November 14 2018 12:23 PM EST2018-11-14 17:23:39 GMT
    Steelers RB Le'Veon Bell a no-show as deadline approaches. 
    Steelers RB Le'Veon Bell a no-show as deadline approaches. 
  • Hue Jackson back in Cincinnati, helping to run defense

    Hue Jackson back in Cincinnati, helping to run defense

    Tuesday, November 13 2018 9:48 AM EST2018-11-13 14:48:54 GMT
    Wednesday, November 14 2018 2:00 AM EST2018-11-14 07:00:01 GMT
    (AP Photo/David Richard, File). FILE - In this Sunday, Oct. 7, 2018 file photo, Cleveland Browns head coach Hue Jackson watches before an NFL football game between the Cleveland Browns and the Baltimore Ravens in Cleveland. A person familiar with the h...(AP Photo/David Richard, File). FILE - In this Sunday, Oct. 7, 2018 file photo, Cleveland Browns head coach Hue Jackson watches before an NFL football game between the Cleveland Browns and the Baltimore Ravens in Cleveland. A person familiar with the h...
    Hue Jackson has landed back in Cincinnati, where he'll help head coach Marvin Lewis try to resurrect the Bengals' historically bad defense. 
    Hue Jackson has landed back in Cincinnati, where he'll help head coach Marvin Lewis try to resurrect the Bengals' historically bad defense. 
Powered by Frankly
All content © Copyright 2000 - 2018 KFMB-TV. All Rights Reserved.
For more information on this site, please read our Privacy Policy, and Terms of Service, and Ad Choices.