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Detailed text transcripts for TV channel - FOXNEWS - 20140531:04:53:00

Billion dollar bombshell in a scandal involving the l.a. clippers and owner donald sterling. his attorney filing suit against the nba a short time ago just one day after we learned that sterling s wife made a $2 billion deal to sell the team. so we find out that the wife has sold the team for $2 billion, which is this incredible number. then we learn donald sterling has alzheimer s and he s suing. can you please explain? i don t think anybody can explain this story. it has been a wild story. the good news for nba fans and clipper fans is it is over. donald sterling is out. shelly sterling has indemnified the nba. they will not pursue throwing donald sterling out. he is banned for life, but they will not take away the ownership. the sale now goes forward. ....

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Detailed text transcripts for TV channel - FOXNEWS - 20140531:04:55:00

Incompetent. he could not control the family s trust anymore per agreement of the family trust and that it would then get passed on to shelly sterling. his lawyer said donald sterling does not have alzheimer s. it is grossly inaccurate what s been said about him and those reports are greatly exaggerated. the wife has an interest in trying to get him declared mentally unfit and he s saying, that is not true. that s exactly right. but this has been a very painful chapter for the national basketball association. now the nba can move forward. the finals start on thursday night and we will not have to hear anything further about donald sterling. the players seem very happy that suddenly basketball teams are worth $2 billion, thus ....

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