Shelly Sterling to negotiate sale

ByRAMONA SHELBURNE
May 23, 2014, 10:59 AM

— -- Disgraced Los Angeles Clippers owner Donald Sterling has agreed to allow his wife, Shelly, to negotiate a sale of the team, sources with knowledge of the situation told ESPN.

Shelly Sterling and her lawyers have been negotiating with the NBA since commissioner Adam Silver banned her husband from the NBA for life on April 29 for making racially charged comments on an audiotape.

Although the league has yet to accept this arrangement, sources said that if she is willing to sell the entire team with terms that are acceptable to the league, this could bring a startlingly quick end to what appeared to be a protracted legal battle.

Heat star LeBron James said it was "very important" a resolution be reached quickly.

"We don't want this lingering around our sport," he said. "It sucks that it happened. The players and owners and everyone associated with this game knows there's no need for it. So the quicker it gets done, the quicker we can move on."

James said that Sterling selling the team was "the way it should be."

"He shouldn't be part of this league," James added.

Sterling's lawyer, Max Blecher, responded to the charges by asking for a three-month delay. That request was immediately turned down by the NBA, sources said.

Blecher indicated in his email to the NBA that Sterling intended to fight the charges and the move to terminate his ownership, saying he did not believe he'd done anything to deserve such punishment.

But a source said that over the course of this week, Sterling has rethought his position and formally agreed to allow Shelly -- an alternate governor of the team -- to negotiate a sale.

NBA rules, however, prevent him from transferring a controlling interest in the team to anyone, even an alternate governor. A new controlling owner would need to be approved by the board of governors, and Shelly Sterling would not be approved.

Although Shelly Sterling's lawyers have made it clear to the league that she intends to maintain her 50 percent interest in the team, they have also said both publicly and privately that she would like to resolve the situation amicably.

The agreement between Donald Sterling and his wife was first reported by TMZ.

ESPN.com's Michael Wallace and Darren Rovell contributed to this report.