Parsons and Bank of America expert Anwar Zakkour testified that the $2 billion price Ballmer agreed to pay for the franchise was much higher than the team's revenues justified under the most aggressive and optimistic predictions.
"Whether you want to call it a slam dunk or a home run, none of us believed we would get to the $2 billion," said Zakkour, who helped conduct the hurried sale. "None of us even believed we'd get to the $1.8 billion number, so that says it now."
Zakkour warned that if the sale fell through and the NBA restarted termination proceedings, there was significant risk the franchise would sell for far less.
"There are two things in my profession that are bad when you sell a franchise: uncertainty and transparency," Zakkour said. "I think there's been a lot of press speculation that he paid a very full price for the Clippers. The highest price ever achieved for a sports team, when you focus on just the sports team."
Zakkour mentioned that the Los Angeles Dodgers sold for $2.15 billion, but that deal included $300 million to $400 million in real estate.
Dean Bonham, a sports marketing expert called by Sterling's lawyers, testified the sale price could increase if bidding were re-opened.
After court adjourned Tuesday, Donald Sterling filed another lawsuit in Superior Court against the NBA, commissioner Adam Silver and Shelly Sterling.
"The NBA can have their vote any time they want if they think they can remove him as the owner," Samini said. "Donald Sterling came and said many times, 'I want the NBA to do it.' I think that's what he's waiting for. He's going to see if they're going to actually go through with that."
The probate court trial will resume Wednesday afternoon. Closing arguments are scheduled for Monday. None of the attorneys would comment on what transpired during a meeting with Ballmer and Donald Sterling on Monday afternoon, except to confirm that the meeting took place.
Asked about a possible settlement, Samini said, "Anything could happen, but I don't see it in the tea leaves right now."