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What Shelly Sterling gets if Los Angeles Clippers deal with Steve Ballmer closes

Published February 05, 2015

Associated Press

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.

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