A racist NBA team owner hits the jackpot

BmZJSRQIYAADSwCYou know about Donald Sterling, right? The Los Angeles Clippers owner who chastised his mistress … (Can we call her a mistress? I mean, she wasn’t his wife. He’s ancient and she’s definitely old enough to be his great granddaughter. And every major media outlet describes her as “his girlfriend.”) … sorry, I got distracted. Who chastised his mistress … who’s half black and half hispanic … for taking pictures with black men and bringing black people to basketball games.

Because if you don’t want to be seen with black people, the first place you want to be at is a basketball game.

The tape, of course, is a tour de force on how to claim you’re not racist as you say the most racist things you can think of. Then when your mistress (girlfriend?) says you’re being racist, call her a racist.

Wow!

So the NBA today did this:

Los Angeles Clippers owner Donald Sterling was banned for life from the NBA, Commissioner Adam Silver announced Tuesday, because of an audio recording in which he made racially charged comments to his girlfriend.

Silver said he would urge the Board of Governors to force the sale of the team and fined Sterling $2.5 million, the maximum Silver can levy under the NBA constitution and bylaws. The money, the league announced, will be donated to anti-discrimination and tolerance organizations that will be jointly selected by the NBA and the Players Association.

Now let’s consider the real impact of this ruling.

Donald Sterling has to sell his team. He bought the team in 1981 for $12.5 million. The team is currently in the NBA playoffs.

Now, a bad NBA team was sold just a few days ago (via ESPN.com).

Longtime Milwaukee Bucks owner Herb Kohl announced Wednesday that he has reached an agreement to sell the team to hedge-fund billionaires Wesley Edens and Marc Lasry for about $550 million. The deal is subject to approval by the NBA and its board of governors.

In January, Forbes valued the Bucks at $405 million, last among the league’s 30 franchises.

Kohl, a longtime U.S. senator who bought the team for $18 million in 1985, made keeping it in Milwaukee a condition of the sale. It’s also believed Kohl, while relinquishing majority control, will retain a significant percentage of the team.

Los Angeles isn’t Milwaukee. It’s a major media market. And the Bucks aren’t in the playoffs. The Clippers are.

So current estimates are that the Clippers will sell for more than $1 billion. And that money goes to …

Donald Sterling.

He owns the team. He gets the paycheck.

I’m sure he’s in agony right now because the NBA won’t let him be involved in a sport that features a race of people he doesn’t want to associate with.

I think the Northwestern and Princeton professors in the news recently will agree that there is merit to living in an oligarchy. If you’re an oligarch.

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Dr. Drain (with the assist) and Blake Griffin

Nike always comes up with some funny ads:

It reminds me of the days of Little Penny:

(via Blacktopxchange.com)