ChattaTNVol
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Finally catching up on news today. So an NBA owner is banned for life for being a racist?
I wonder if the other owners are willing to give the NBA office that kind of power? Today it's racism, what's to stop them from banning owners for life for other activities?
And will this mean that players who use the N word or make a a "cracker" comment or beat their wives or get a DUI or any other bad behavior will be banned for life?
I'm interested to see how it plays out, and if the NBA even has legal authority to force a member to sell something the league doesn't own.
I'm sure yall have hashed all that out already, but it really is fascinating to see it all play out.
Truthfully, I think the commissioner's hand was forced. It's a business and I think that's all that matters, really.
As the condemnation of Sterling and his racially insensitive comments spread Monday, major financial supporters of the NBA franchise announced they were severing ties with the Clippers.
In rapid succession, the mass exodus included used car seller CarMax, State Farm Insurance, Kia Motors America, airline Virgin America, P. Diddy's water brand, AQUAHydrate, Red Bull, Yokohama tires and Mercedes-Benz.
Staples Center, home to the Clippers, issued its own statement Monday:
"We are deeply troubled by these disturbing remarks which go against everything we believe in as an organization. We support the players, the coaches, the rest of the team and their fans and we are committed to providing a safe, secure and welcoming environment for everyone" at Tuesday's Game 5 of the Clippers' first-round playoff series against the visiting Golden State Warriors. The series is tied at 2-2.
Club finances aren't made public, so it is not known how much money the loss of sponsorships has cost the Clippers, or the NBA.
Clubs contribute an equal percentage of their revenue into the revenue-sharing system, and receive 1/30th back. Meaning, a club with low revenues will receive a greater amount than it puts in, and clubs with high revenues will pay in more than they receive.
A potential boycott of Tuesday night's NBA playoff games by players was averted after the NBA threw the book at Los Angeles Clippers owner Donald Sterling, banning him for life, fining him $2.5 million and raising the possibility of a forced sale of the team over racist remarks he made to an ex-girlfriend that surfaced on a tape recording over the weekend.
Whether the commissioner's decree is successful in the long run isn't all that important right now. He had to stop the bleeding. Sterling is a relentless litigator and by all reports has a very tough team in addition to being a lawyer himself. It would seem that this saga is far from over.