Retired Chinese superstar Yao Ming is lining up investors to make a bid for the NBA's Los Angeles Clippers if embattled owner Donald Sterling has to sell, ESPN.com reported on Friday.
LOS ANGELES (Reuters) - Donald Sterling, banned for life from the NBA for taped racist comments, has handed over control of the Los Angeles Clippers to his wife, according to media reports on Friday.
Richard Parsons, the former chairman of media giant Time Warner and Citigroup, was named Friday as the interim chief executive of the Los Angeles Clippers following a racism firestorm.
Embattled Los Angeles Clippers owner Donald Sterling, banned for life by the NBA for racist remarks, insisted "I am not a racist" in comments on a recording made public Thursday.
