Shelly Sterling Could Fight to Keep Control of L.A. Clippers

Wife of Donald Sterling goes one-on-one in an exclusive interview with Barbara Walters.
4:48 | 05/12/14

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Transcript for Shelly Sterling Could Fight to Keep Control of L.A. Clippers
We turn to new developments in the drama surrounding the L.A. Clippers. While his team staged an incredible comeback Sunday Donald sterling was speaking out for the first time since being banned from the NBA for life for those racist remarks. I'm apologizing and I'm asking for forgiveness. Am I entitled to one mistake after 35 years? I mean, I love my league. I love my partners. Am I entitled to one mistake? It's a terrible mistake and I'll never do it again. Now the future lies not only in the hands of Donald sterling but with his 79-year-old wife shelly who owns half the team. Our Barbara Walters went one-on-one with her. Here with the exclusive interview. She had to get a lot off her chest. People accused her of being a racist. Remember, she does own 50% O the team and she said she never made any racist statement and says I have no fear. I am not a racist but she wants to hang on to that team. Take a look. Mrs. Sterling, you owned 50% of the L.A. Clippers. There are reports that the NBA wants to oust you completely as a team owner. You will fight that decision? I will fight that decision. What does the team mean to you? It means a lot. And it's my passion and I love it and it's my legacy to my family. Let's start at the beginning of this story. Your husband made racist remarks that were recorded on tape. Is Donald sterling a racist? I have never heard him say racial things. It was horrible when I heard it. I mean, it was just degrading, and it made me sick to hear it. But as far as a racist I don't really think he is a racist. Have you discussed these remarks at all with your husband? He saw the tape and he said, I don't remember saying that. I don't remember ever saying those things. What did you think then? That's when I thought he has dementia. Really? Yeah. Let's go back a little bit. You and your husband were high school sweethearts married for 60 years. Do you like your husband? Do I like him or do I love him? I don't love him. I pity him and I feel sorry for him. What is your relationship today with your husband? We're estranged. We've been estranged for about a year. Why not divorce your husband? I've been thinking about it. I filed these divorce papers. I signed them. I was all ready to file. My attorney and my financial adviser said now is not the time. What was the last straw that made you say after all these years I'm out of here? This last few weeks was the worst because of all the things that happened and I just couldn't take anymore. There have in the past been women in your husband's life. How did you feel about that? I always thought that maybe it would go away. I'm very strong. But I was very weak in marriage. The other woman in his life is named V. Stiviano. Nearly 50 years his junior she was often seen by his side at clippers games of the you're suing the woman who is his companion. Right. Why are you suing her? Donald bought her three cars, a ferrari, two bentlies, a range rover, jewelry, many things and I felt I wanted my 50% back. How are you? We talk about your husband. This is a mess. How are you? I'm fine. And I will be strong. You'll be strong to do what? To fight what? I think half the team is mine and I'll fight for it. I think what she stole from my half, I will get back. Well, she wants to keep that team. I was struckhat she said about Donald sterling. She believes he's suffering from dementia. You spoke with him last week. Did you have any impression of that. I won't use the word of dementia. I'm not a doctor. I did find him very vague and confused and repeated certain things. So I can see that somebody could get that impression. Okay. Barbara, thanks very much. You have a big week ahead. We can't wait to have you back in the next half hour. That's not me -- You sure it wasn't you. We'll see you in a little bit. Thank you, Barbara. There it is. But now to the latest on the

This transcript has been automatically generated and may not be 100% accurate.

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