NBA Appoints Interim CEO For L.A. Clippers

The Los Angeles Clippers will temporarily operate under new leadership while the league decides the outcome of owner Donald Sterling.

On Friday, May 9th, t
he National Basketball Association (NBA) announced that it would make Richard “Dick” Pasons interim CEO of the Clippers. Parsons, a former chairman and CEO of Dime Bancorp, Time Warner, and Citigroup, will run the Clippers until the league votes on whether to force a sale of the franchise.

“I believe the hiring of Dick Parsons will bring extraordinary leadership and immediate stability to the Clippers organization,” Silver said in a statement. “Dick’s credentials as a proven chief executive speak for themselves and I am extremely grateful he accepted this responsibility.”

On April 29, NBA Commissioner Adam Silver banned Sterling from the league for life and fined him $2.5 million in response to racially charged statements he made about black people. In a conversation with his assistant (mistress), V. Stiviano, Sterling made racist comments about African-Americans and condemned Stiviano for her public association with black people at Clippers games. Stiviano recorded the conversation; it was “leaked” and posted on TMZ’s website late Friday, April 25th.

“Like most Americans, I have been deeply troubled by the pain the Clippers’ team, fans and partners have endured,” Parsons said in a statement. “A lifelong fan of the NBA, I am firmly committed to the values and principles it is defending, and I completely support Adam’s leadership in navigating the challenges facing the team and the league.

“The Clippers are a resilient organization with a brilliant coach and equally talented and dedicated athletes and staff who have demonstrated great strength of character during a time of adversity. I am honored to be asked to work with them, build on their values and accomplishments, and help them open a new, inspiring era for their team.”

Parsons previously served on President Obama’s economic advisory team. He’s presently a senior adviser at Providence Equity Partners and a member of the board of directors for the Commission on Presidential Debates. He’s a former college basketball player at the University of Hawaii.

By @Lou4President

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