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Shelly Sterling to be given ''Clippers No. 1 Fan'' title if deal closes

Shelly Sterling to be given ''Clippers No. 1 Fan'' title if deal closes
FILe - In this May 19, 2012 file photo, Los Angeles Clippers owner Donald Sterling, left, and his wife Shelly watch the second half in Game 3 of an NBA basketball playoffs Western Conference semifinal against the San Antonio Spurs in Los Angeles. (AP Photo/Mark J. Terrill, File)
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LOS ANGELES (AP) - Shelly Sterling brokered a deal with former Microsoft CEO Steve Ballmer to sell the Los Angeles Clippers for what would be a record $2 billion if the NBA's owners approve it.

The terms allow her to remain close to the organization by allowing for up to 10 percent of the team - or $200 million - to be spun off into a charitable foundation that she would essentially run. Under terms detailed in a court filing Wednesday, Sterling also would retain the following perks:

-10 tickets in Sections 101 or 111 for all Clippers games in Los Angeles.

-2 courtside tickets for all Clippers games in Los Angeles.

-6 parking spots in Lot C for each game

-12 VIP passes including access to Lexus Club, Arena Club, or Chairman's Lounge and media room or equivalent, for each Staples Game.

-3 championship rings following any Clippers title

-Titles of "Owner Emeritus" and "Clipper's Number 1 Fan" for the rest of her life.

(Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

6/11/2014 5:48:42 PM (GMT -7:00)
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