LOS ANGELES: A California appeals court on Wednesday (Thursday in Manila) rejected Donald Sterling’s last-ditch bid to scupper the sale of the NBA’s Los Angeles Clippers to former Microsoft chief executive Steve Ballmer.
Sterling had filed the petition on Tuesday, the day the National Basketball Association announced that Ballmer’s $2 billion purchase of the club had been finalized.
Ballmer said he was “humbled and honored” after the transaction was sealed when a California court order went into effect confirming that his wife Shelly Sterling had the authority to sell the team.
The court of appeal ruled that there was no basis for an order blocking the deal and noted that the sale had already closed.
“Thus, there is nothing for this court to stay,” the court said in the ruling.
“Even if the sale had not closed . . . petitioner has failed to show that the balancing of the relative harm favors granting a temporary stay.”
The team went on the block after the NBA slapped a life ban on Donald Sterling, who bought the club in 1981 for $12.5 million.
The action was in response to a video aired on celebrity website TMZ that showed Donald Sterling criticizing his girlfriend for having her picture taken with black people.
In the storm that followed, the 80-year-old billionaire initially agreed to the sale of the team, but then abruptly withdrew his support.