So I'm still trying to wrap my head around one thing.
The league is planning a hearing that day to consider the charge against her husband, Donald Sterling, for damaging the league with his racist comments. Owners could vote to terminate his ownership — and Shelly's as well — during that hearing.
If he (or the trust or whatever) OWNS the team, how could they just "terminate his ownership?" Silly me. I thought if you owned something, you owned that thing. Taking something that someone owns without paying for it is stealing no? How exactly would that work? BAM! "You no longer own the team! The team now belongs to..."
???
Because when you purchase a team you enter into an agreement on some of the specifics of managing that team. Normal ownership certainly would be a problem if the owners could decide that the team wouldn't play certain games or compete with certain teams that they were supposed to. Because of that, the various sports leagues all have contractual agreements that you must enter into to become part of the league or purchase a team. He signed one such contract.
That contract also includes certain moral standards that must be adhered to in order to remain an owner.
He willingly entered that contract and now must deal with the consequences of doing so.