Wednesday, May 28, 2014
(New York, NY) -- Bank of America will reportedly be involved in selling the Los Angeles Clippers. Bloomberg cites people with direct knowledge of the situation as saying the Sterlings have hired BofA to sell the team. The NBA has banned owner Donald Sterling for life for making racist statements. Last week, Sterling agreed to let his wife Shelly sell the club. She wants at least one-billion dollars for the franchise.