By Julissa Catalan
The details of the potential sale have yet to be released. Sources told ESPN.com that the NBA will only agree to this arrangement if all shares are sold, eliminating the Sterling name from being tied to the team altogether. Shelly reportedly is not obligated to do so, and can attempt to only sell a percentage of the team.
Shelly Sterling has been discussing the team’s future with the NBA since Adam Silver announced on April 29 that Donald Sterling was banned for life after leaked footage of him making racially charged comments surfaced.
Though Sterling initially laid low following the scandal, he did eventually sit down for a one-on-one interview with Anderson Cooper in an attempt to clear his name—but ultimately the interview seemed to further damage his reputation following the comments he made about NBA legend Magic Johnson.
The NBA’s board of governors is set to meet June 3 to decide Sterling’s future as owner. Sterling’s lawyer Max Blecher initially requested a three-month delay, which was immediately denied.
Up until now Sterling had said he would fight the ban against him, and planned to remain the owner of the Clippers.
While Shelly Sterling has publicly said she would like to resolve the matter amicably, it is up to the NBA now to approve or deny the sale.