Donald Sterling talks with Peter Holt, owner of the San Antonio Spurs on May 19, 2013 in San Antonio, Texas.
Photo by Ronald Martinez/Getty

L.A. Clippers owner Donald Sterling agrees to sell team

Updated

It’s official – Donald Sterling is selling the Clippers.

An attorney on behalf of the embattled Los Angeles Clippers owner announced Wednesday Sterling and his estranged wife/co-owner Shelly Sterling reached a deal with the NBA to sell the team to former Microsoft CEO Steve Ballmer for a record $2 billion plus various additional benefits. 

The NBA banned Sterling from the league for life and fined him $2.5 million after a recording released in April captured him making racist remarks about African-Americans. 

Additional reporting by Amanda Sakuma.

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Donald Sterling and LA Clippers

L.A. Clippers owner Donald Sterling agrees to sell team

Updated