Shelly Sterling

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FILE - This file photo taken Nov. 19, 2013, shows then Microsoft CEO Steve Ballmer during the company's annual shareholders meeting in Bellevue, Wash. An individual with knowledge of negotiations to sell the Los Angeles Clippers said Shelly Sterling has reached an agreement to sell the team to Ballmer for $2 billion. The individual, who wasn’t authorized to speak publicly, told The Associated Press on Thursday, May 29, 2014, that Ballmer and the Sterling Family Trust now have a binding agreement. The deal now must be presented to the NBA. Ballmer beat out bids by Guggenheim Partners and a group including former NBA All-Star Grant Hill. (AP Photo/Elaine Thompson, File)

AP Source: Former Microsoft CEO wins Clippers bid

By Tami Abdollah - Associated Press

AP Source: Steve Ballmer, Shelly Sterling reach agreement for $2B sale of Los Angeles Clippers

Associated Press

FILE - In this Nov. 12, 2010 file photo, Los Angeles Clippers owner Donald T. Sterling, right, sits with his wife Shelly during the Clippers NBA basketball game against the Detroit Pistons in Los Angeles. Donald Sterling has agreed to surrender his stake of the Clippers to his wife, and she is moving forward with selling the team. A person with knowledge of the negotiations told The Associated Press Friday. May 23, 2014, that the couple made the agreement after weeks of discussion. The individual wasn't authorized to speak publicly about the agreement. (AP Photo/Mark J. Terrill, File)

AP Source: Shelly Sterling reviewing Clippers bids

By BETH HARRIS - Associated Press

FILE - In this Nov. 12, 2010 file photo, Los Angeles Clippers owner Donald T. Sterling, right, sits with his wife Shelly during the Clippers NBA basketball game against the Detroit Pistons in Los Angeles. Donald Sterling has agreed to surrender his stake of the Clippers to his wife, and she is moving forward with selling the team. A person with knowledge of the negotiations told The Associated Press Friday. May 23, 2014, that the couple made the agreement after weeks of discussion. The individual wasn't authorized to speak publicly about the agreement. (AP Photo/Mark J. Terrill, File)

AP Source: Sterling surrendering Clippers control

By TAMI ABDOLLAH - Associated Press

FILE - In this Nov. 12, 2010 file photo, Los Angeles Clippers owner Donald T. Sterling, right, sits with his wife Shelly during the Clippers NBA basketball game against the Detroit Pistons in Los Angeles. Donald Sterling has agreed to surrender his stake of the Clippers to his wife, and she is moving forward with selling the team. A person with knowledge of the negotiations told The Associated Press Friday.&#160;May 23, 2014, that the couple made the agreement after weeks of discussion. The individual wasn't authorized to speak publicly about the agreement. (AP Photo/Mark J. Terrill, File)

Donald Sterling to surrender Clippers stake; wife Shelly will sell team

By Tami Abdollah - Associated Press

** FILE ** In this Feb. 25, 2011, file photo, Los Angeles Clippers owner Donald Sterling looks on during the first half of their NBA basketball game against the Los Angeles Lakers in Los Angeles. (AP Photo/Mark J. Terrill, File)

Experts: NBA likely to win in Sterling legal fight

Associated Press

FILE - In this May 19, 2012, file photo, Los Angeles Clippers owner Donald Sterling, left, and his wife Rochelle watch during the second half in Game 3 of an NBA basketball playoffs Western Conference semifinal against the San Antonio Spurs in Los Angeles. An attorney representing the estranged wife of Clippers owner Donald Sterling said Thursday, May 8, 2014, that she will fight to retain her 50 percent ownership stake in the team. (AP Photo/Mark J. Terrill)

NBA: Wife can’t keep team if Sterling ousted

Associated Press

Los Angeles Clippers co-owner Shelly Sterling, below, watches the Clippers play the Oklahoma City Thunder along with her attorney, Pierce O'Donnell, in the first half of Game 3 of the Western Conference semifinal NBA basketball playoff series, Friday, May 9, 2014, in Los Angeles. (AP Photo/Mark J. Terrill)

Clippers’ Sterling apologizes, says ‘not a racist’

Associated Press

FILE - In this Nov. 12, 2010, file photo, Los Angeles Clippers owner Donald T. Sterling, right, sits with his wife Rochelle during the Clippers NBA basketball game against the Detroit Pistons in Los Angeles. An attorney representing the estranged wife of Clippers owner Donald Sterling said Thursday, May 8, 2014, that she will fight to retain her 50 percent ownership stake in the team. (AP Photo/Mark J. Terrill, File)

Shelly Sterling wants to retain ownership stake in Clippers

By Tami Abdollah - Associated Press

** FILE ** In this Nov. 12, 2010, file photo, Los Angeles Clippers owner Donald T. Sterling, right, sits with his wife Rochelle during the Clippers NBA basketball game against the Detroit Pistons in Los Angeles. An attorney representing the estranged wife of Clippers owner Donald Sterling said Thursday, May 8, 2014, that she will fight to retain her 50 percent ownership stake in the team. (AP Photo/Mark J. Terrill, File)

Attorney: Shelly Sterling wants to keep Clippers

By TAMI ABDOLLAH - Associated Press