Comment on Clippers CEO and Shelly Sterling to testify

Clippers CEO and Shelly Sterling to testify

Parsons, once known as the "Mr. Fixit" of the business world during his tenure as CEO of Time Warner and Citigroup, will be called as a witness Tuesday to support Shelly Sterling's bid to sell the team for $2 billion to former Microsoft CEO Steve Ballmer. Parsons took over leadership of the Clippers in May during the media blitz surrounding the banishment of Sterling from the NBA for making racist comments. Shelly Sterling also is on the witness list Tuesday along with Dean Bonham, an expert on sponsorship and marketing issues who is also the president of an NBA franchise. Shelley Sterling says her estranged husband has the onset of Alzheimer's disease and is not competent to handle his own business affairs.

 

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