waggy
No Lifer
- Dec 14, 2000
- 68,143
- 10
- 81
Oh this is going to be so entertaining.
NBA spokesman Mike Bass released a statement Sunday night in response to Shelly Sterling's comments.
"Under the NBA constitution, if a controlling owner's interest is terminated by a three-quarter vote, all other team owners' interests are automatically terminated as well," Bass said. "It doesn't matter whether the owners are related as is the case here. These are the rules to which all NBA owners agreed to as a condition of owning their team."
In turn, Shelly Sterling's attorney fired back with a statement of his own.
"We do not agree with the league's self-serving interpretation of its constitution, its application to Shelly Sterling or its validity under these unique circumstances," attorney Pierce O'Donnell said. "We live in a nation of laws. California law and the United States Constitution trump any such interpretation."
hmm i don't see that holding up. What if there was a 3rd owner who has nothing to do with this. His ownership is terminated as well? i don't see that surviving a lawsuit.
IF his wife owns her own part of the team this is really going to be interesting.