Donald Sterling drops $1 billion lawsuit, agrees to $2 billion Clippers sale

Ronald Martinez/Getty Images

Donald Sterling drops $1 billion lawsuit, agrees to $2 billion Clippers sale
(Image credit: Ronald Martinez/Getty Images)

Los Angeles Clippers owner Donald Sterling is dropping his lawsuit against the NBA, and agreeing to the $2 billion sale of the team that the league had initiated after racist comments Sterling made to his girlfriend became public a month and a half ago.

Former Microsoft CEO Steve Ballmer is set to buy the Clippers, in a deal that was negotiated with Shelly Sterling, Donald's estranged wife and sole trustee of the Sterling family trust. Donald Sterling had initially resisted these decisions, and was suing the league for $1 billion.

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