Donald Sterling Photo: Stephen Dunn/Getty Images

Donald Sterling hands over Clippers to wife Shelly to sell

May 27, 2014

FORTUNE -- Donald Sterling has signed over the Los Angeles Clippers to his wife Shelly, according to TMZ. After previously holding shared ownership with her husband, she is now in discussion with the NBA over the sale of the team, the report said.

This comes after Donald Sterling was banned for life from attending league events due to racist comments he made to assistant V. Stiviano.

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Meanwhile, on Monday, the NBA set a hearing for June 3 in New York, charging Sterling with damaging the league because of his remarks. Sterling’s lawyer, Max Belcher, asked for a three-month delay after the charges were made, although that was turned down by the NBA right away, according to ESPN.

It is currently unknown whether Shelly Sterling will sell the team entirely. That is the only way she can become the new controlling owner, the ESPN report said. The NBA’s board of governors would not approve her to take over from her husband.

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