It appears that Donald Sterling, part time slumlord, full time racist, will be forced by the NBA to sell the Los Angeles Clippers for TWO BILLION dollars to one of those multi-billionaires who infest our poor, benighted nation.
Said billionaire is paying more than twice what the franchise was valued at by Forbes magazine.
This will no doubt teach Sterling, and all the other owners of professional sports teams, a very valuable lesson:
There's a rich sucker born every minute. And no matter how badly you screw up, one of them will come along and bail you out...
Since Don is apparently suffering from the onset of dementia, (karma anyone?), his wife Shelly, a woman who has set the bar incredibly high in the category of looking the other way, will handle all of the details of the sale.
You are an evil, disgraceful person and for your "punishment" you get to walk away with $2 billion.
This is the most compelling justification I can think of for estate taxes.
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