- May 25, 2001
- 22,152
- 16,404
An LA based law firm already rejected Sterling as a client
Plus according to this dude, https://twitter.com/ShawnFNBA he would have to sue all 29 owners seperately and the NBA constitution has a clause which even says if Sterling loses the suit he has to pay their legal fees too. He also states that Sterling is shopping but has been turned down by a few prominent firms already, a good follow if you have twitter
Here is the NBA consistution in its entirety
http://mediacentral.nba.com/media/mediacentral/NBA-Constitution-and-By-Laws.pdf
2.5 million dollar fine
Ban
3/4 Vote and Forced Sale
[
Every lawyer I've read on this agrees that Sterling is ****** if Silver gets the votes.
Like I said before, judge's almost never overturn the decisions of arbitrators. Ask A-Rod.
Plus according to this dude, https://twitter.com/ShawnFNBA he would have to sue all 29 owners seperately and the NBA constitution has a clause which even says if Sterling loses the suit he has to pay their legal fees too. He also states that Sterling is shopping but has been turned down by a few prominent firms already, a good follow if you have twitter
Here is the NBA consistution in its entirety
http://mediacentral.nba.com/media/mediacentral/NBA-Constitution-and-By-Laws.pdf
2.5 million dollar fine
The Commissioner shall, wherever there is a rule for which no penalty is specifically fixed for violation thereof, have the authority to fix such penalty as in the Commissioner's judgment shall be in the best interests of the Association. Where a situation arises which is not covered in the Constitution and By-Laws, the Commissioner shall have the authority to make such decision, including the imposition of a penalty, as in his judgment shall be in the best interests of the Association. The penalty that may be assessed under the preceding two sentences may include, without limitation, a fine, suspension, and/or the forfeiture or assignment of draft choices. No monetary penalty fixed under this provision shall exceed $2,500,000.
Ban
The Commissioner shall have the power to suspend for a definite or indefinite period, or to impose a fine not exceeding $1,000,000, or inflict both such suspension and fine upon any person who, in his opinion, shall have been guilty of conduct prejudicial or detrimental to the Association.
3/4 Vote and Forced Sale
[
The Membership of a Member or the interest of any Owner may be terminated by a vote of three fourths (3/4) of the Board of Governors if the Member or Owner shall do or suffer any of the following:
(a) Willfully violate any of the provisions of the Constitution and By-Laws, resolutions, or agreements of the Association.