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Transcripts for CNN New Day Saturday 20140531 11:06:00

humanly possible. reporter: the $2 billion price tag could help send the values of some of the league s most valuable franchises soaring. i don t think you ll be able to buy a big market nba team for less than $3 billion. and it is worth pointing out here that donald sterling bought the clippers for $12 million back in 1981. given this sale agreement to steve ballmer, the nba said it cancelled the june 3rd meeting during which the other nba owners would have voted to try and force donald sterling to sell the team, but there will still have to be a vote. the other owners will still have to approve this sale and christi and victor, analysts say at the $2 billion price tag, should be added incentive to try to rush the sale through. all righty. alexandra field. thank you so much. after eweeks of criticisms and a drum beat for him to resign. eric shin sek hey done just

Transcripts for CNN New Day Saturday 20140531 11:32:00

if i said to you you had to sell your car within the next 24 hours, do you honestly think you could get just as good a deal as if i gave you six months to do so? that s essentially this creative antitrust argument, that the nba is a market, and there is serious competition for these nba teams and ownership of these nba teams. so if you force someone to sell, you can t rely on the people who want to buy the nba team to not try to minimize the price as much as they can. just like a potential buyer of your car that you put up on ebay or craigslist, if you had to sell within 24 hours because you had to get out of town, then you re not going to expect to get the real market value price for that product. so there are these new reports that two neurologists have found donald sterling to be mentally incapacitated, sources tell cnn. so many questions here.

Transcripts for CNN New Day Saturday 20140531 11:31:00

taing the league to court because of banning him for life from the games and having to give up his franchise. his wife shelly sterling just agreed to sell the team for $2 billion. it s the most ever paid for an nba franchise. digging into this morning, danny savalas, paul, good morning, gentlemen. good morning. sterling s lawsuit states, and we have a portion of it, a quote here. the forced sale of the los angeles clippers threatens not only to produce a lower price than a non-forced sale, but more importantly, it injures competition and forces antitrust injury by making the market unresponsive to the operation of the free markets. so we re wondering, can an argument really be made that he could have sold the team for more than this, you know, historic $2 billion? just last month the milwaukee bucks sold, i don t know. for $550 million, i think, danny? yeah, think of it this way.

Transcripts for CNN New Day Saturday 20140531 10:07:00

al amriki. keeping tabs on him since he were went to syria to join extremist fighters. he blew himself up at a syrian government checkpoint. you see the video there. all right. donald sterling. still in the nba for a mere $1 billion, sold the clippers. the embattled los angeles clippers owners is taking the league to court because of its decision to ban him for life, and force him to give up his franchise. this latest twist comes just after his wife shelly sterling agreed to sell the team for $2 billion. hey, it s the most ever paid for a franchise. remember, we are talking about the l.a. clippers here. the clippers. $2 billion. new york times points out, it net sterling a nearly 16,000 return after buying the clippers for $12.5 million back in 1981.

Transcripts for CNN New Day Saturday 20140531 10:21:00

the miami heat are heading back to the nba finals for the fourth time in a roenchts defending champs looking for a three-peat. more on the bleacher report. you do not want to play the heat in miami, home court. they remain in the playoffs. routing the pacers 117-92 in game six of the eastern conference championship. lebron james and chris bosh led the way with 25 points apiece, eliminating the pacers for the third year in a row. the pacers led the heat for most of the regular season, but things obviously changed in the playoffs. the heat are now the third team to reach the finals in four consecutive seasons. will oklahoma state even their series with the san antonio spurs? meet the heat again? the spurs lead the thunder three games to two in the western conference finals. game six tonight on our sister network, tnt. we ll find out tonight. and the chicago blackhawks

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