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Donald Sterling to Sell Clippers for $2 Billion

FILE - former Microsoft CEO Steve Ballmer speaks at the launch event of Windows 8 operating system in New York.
A lawyer for embattled owner Donald Sterling of the National Basketball Association's Los Angeles Clippers said his client has agreed to sell the team for an NBA-record $2 billion.

​Maxwell Blecher said Wednesday that Sterling will sell the Clippers to former Microsoft CEO Steve Ballmer, who agreed last week to buy the team for $2 billion through negotiations with Sterling's wife, Shelly Sterling.

The NBA's Board of Governors must approve the sale of the Clippers to Ballmer.

Sterling's lawyer said he will also drop his $1 billion lawsuit against the NBA, alleging the NBA violated his constitutional rights by forcing him to sell the Clippers based on a recording illegal under California law.

Segments from the private audio recording emerged in April. On it, Sterling made racist remarks about black people, telling a female companion not to bring African-Americans to Clippers games.

The NBA commissioner, Adam Silver, then banned Sterling from the league for life.