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"&lt;p&gt;&lt;/p&gt;&lt;p&gt; The Sterlings will sell the Clippers to Steve Ballmer pending a vote from the NBA's owners. (John W. McDonough/SI)&lt;/p&gt;&lt;p&gt;The NBA has announced it has resolved its dispute with the Sterling family and will approve the sale of the Los Angeles Clippers to Steve Ballmer.&lt;/p&gt;&lt;p&gt;&lt;/p&gt;&lt;p&gt;Under the agreement announced Friday, Ballmer will purchase the Clippers for the $2 billion he agreed to, pending a vote from the NBA's Board of Governors. The NBA will terminate its charge to remove Donald and Shelly Sterling from ownership and will cancel its June 3 meeting to oust the Sterlings from ownership.&lt;/p&gt;&lt;p&gt;In addition, Shelly Sterling and the family's trust agreed not to sue the NBA or \"indemnify the NBA against lawsuits from others, including from Donald Sterling,\" according to a release.&lt;/p&gt;&lt;p&gt;The agreement comes in the wake of Donald Sterling's lawyer announcing Friday that his client planned to file a $1 billion lawsuit against the NBA.\u00A0But the agreement between the NBA and the Sterling family trust appears\u00A0to deal a significant blow to Donald Sterling's chances of winning any judgment in court.&lt;/p&gt;&lt;p&gt;According to Sterling's lawyer, Max Blecher, the lawsuit's charges would\u00A0include\u00A0an invasion of Sterling\u2019s constitutional rights, violation of anti-trust laws and breach of fiduciary duty associated with the NBA\u2019s lifetime ban and termination charges.&lt;/p&gt;&lt;p&gt;Blecher also\u00A0clarified\u00A0that the lawsuit has nothing to do with the sale of the Clippers, though\u00A0he told Yahoo! Sports\u00A0that separate action regarding the sale was being considered.&lt;/p&gt;&lt;p&gt;Earlier Friday, TMZ.com reported Donald\u00A0Sterling had\u00A0recently been diagnosed with Alzheimer\u2019s disease. Sterling was diagnosed by doctors earlier this month, which led him to be declared\u00A0\u201Cmentally incapacitated\u201D\u00A0\u2013\u00A0a determination that removed him from power of the Sterling family trust and, by extension, the Clippers. That left Shelly Sterling as\u00A0the sole trustee of the family\u2019s trust, a status which fully empowered her to\u00A0sign a $2 billion agreement to sell the Clippers\u00A0to former Microsoft CEO Steve Ballmer.&lt;/p&gt;&lt;p&gt;Because of the binding agreement to sell the Clippers, all that's left to turn the Clippers over to Ballmer is a vote from the NBA's Board of Governors.&lt;/p&gt;&lt;p&gt;Ballmer, 58, served as CEO of Microsoft from 2000 until Feb. 2014.&lt;/p&gt;&lt;p&gt;\u201CI will be honored to have my name submitted to the NBA Board of Governors for approval as the next owner of the Los Angeles Clippers,\u201D Ballmer said in a statement. \u201CI thank Shelly Sterling for her willingness to entrust the Clippers franchise to me, and I am grateful to NBA Commissioner Adam Silver and his colleagues for working collaboratively with me throughout this process.\u201D&lt;/p&gt;&lt;p&gt;In 2013,\u00A0Ballmer\u00A0was involved in the failed attempted purchase of the Sacramento Kings with the intention to move them to Seattle and re-brand the organization as the Supersonics.&lt;/p&gt;&lt;p&gt;In a press statement released Friday, Ballmer\u00A0indicated\u00A0his excitement to own a team in Los Angeles, and he\u00A0told the\u00A0&lt;em&gt;Wall Street Journal&lt;/em&gt;\u00A0earlier this month\u00A0that he would not attempt to relocate the team.&lt;/p&gt;&lt;p&gt;\u201CI love basketball and I intend to do everything in my power to ensure that the Clippers continue to win \u2013 and win big \u2013 in Los Angeles,\u201D Ballmer said. \u201CL.A. is one of the world\u2019s great cities \u2013 a city that embraces inclusiveness, in exactly the same way that the NBA and I embrace inclusiveness. \u00A0I am confident that the Clippers will in the coming years become an even bigger part of the community.\u201D&lt;/p&gt;&lt;p&gt;Ballmer\u2019s net worth has been pegged at\u00A0more than $20 billion by\u00A0&lt;em&gt;Forbes&lt;/em&gt;, which would make him the richest owner in American professional sports. The $2 billion sale price would set a record for an NBA team, obliterating\u00A0the $550 million sale price for the Milwaukee Bucks. Only Major League Baseball\u2019s Los Angeles Dodgers, which sold recently for $2.1 billion, have been sold for a higher price.&lt;/p&gt;&lt;p&gt;&lt;/p&gt;&lt;p&gt;&lt;/p&gt;&lt;p&gt;&lt;/p&gt;&lt;p&gt;&lt;/p&gt;&lt;p&gt;&lt;/p&gt;&lt;p&gt;&lt;/p&gt;&lt;p&gt;&lt;/p&gt;&lt;p&gt;&lt;/p&gt;&lt;p&gt;&lt;/p&gt;&lt;p&gt;&lt;em&gt;SI.com's Rob Mahoney and Ben Golliver contributed to this report.&lt;/em&gt;&lt;/p&gt;&lt;p&gt;&lt;h2 &gt;&lt;strong&gt;More SI.com NBA playoff coverage&lt;/strong&gt;&lt;/h2&gt;&lt;/p&gt;&lt;p&gt;&lt;/p&gt;&lt;p&gt;&lt;strong&gt;2014 NBA playoffs schedule, results\u00A0|\u00A0&lt;/strong&gt;&lt;strong&gt;Predictions:\u00A0East finals&lt;/strong&gt;\u00A0|\u00A0&lt;strong&gt;West finals&lt;/p&gt;&lt;p&gt;&lt;/strong&gt;&lt;strong&gt;JENKINS:\u00A0New NBA commissioner Adam Silver his own man (magazine)&lt;/p&gt;&lt;p&gt;SI ROUNDTABLE:\u00A0Will KD, Russ win a title?\u00A0|\u00A0Star that needs\u00A0a fresh start?&lt;/p&gt;&lt;p&gt;2014 NBA DRAFT:\u00A0Mannix\u2019s post-lottery Mock Draft\u00A0|\u00A0Lottery winners, losers&lt;/p&gt;&lt;p&gt;STERLING COVERAGE:\u00A0NBA\u2019s checklist before approving sale of Clippers&lt;/p&gt;&lt;p&gt;VIDEO:\u00A0Conference clashes are polar opposites\u00A0|\u00A0Pacers can\u2019t afford to lose\u2026&lt;/p&gt;&lt;p&gt;&lt;/strong&gt;&lt;strong&gt;DURANT:\u00A0Watch emotional MVP speech\u00A0|\u00A0Appreciating greatness\u00A0|\u00A0SI cover&lt;/p&gt;&lt;p&gt;&lt;/strong&gt;&lt;strong&gt;PHOTOS:&lt;/strong&gt;\u00A0&lt;strong&gt;Greatest upsets&lt;/strong&gt;\u00A0|\u00A0&lt;strong&gt;NBA playoffs fashion&lt;/strong&gt;\u00A0|\u00A0&lt;strong&gt;LeBron\u2019s best playoff games&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;&lt;/p&gt;"^^<http://www.w3.org/2001/XMLSchema#string>
<http://www.si.com/nba/point-forward/2014/05/30/nba-clippers-sterling-steve-ballmer-sale-lawsuit>