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NBA Owners To Begin Process Of Ousting Donald Sterling

NEW YORK (CBSNewYork/AP) -- The NBA owners' advisory/finance committee will hold a meeting Thursday to discuss the next steps in the removal of Donald Sterling as owner of the Los Angeles Clippers.

The 10-member committee will have a conference call two days after Commissioner Adam Silver banned Sterling for life from the league and fined him $2.5 million for making racist comments. Silver also said he would urge owners to use their power to force Sterling to sell the team.

That would require the support of three-fourths of the league's owners in a vote. Silver said Tuesday during a news conference that he was confident he had the votes, which appears true given the numerous statements of support that were released by teams.

"Adam has the votes – all of them, I believe," an NBA source told Yahoo! Sports earlier this week.

Minnesota owner Glen Taylor chairs the committee, which also includes Miami's Micky Arison, the Lakers' Jeanie Buss, Oklahoma City's Clay Bennett, New York's James Dolan, Boston's Wyc Grousbeck, San Antonio's Peter Holt, Phoenix's Robert Sarver, Indiana's Herb Simon, and Toronto's Larry Tanenbaum.

PICK-A-SIDE: WHO SHOULD OWN THE CLIPPERS?

Several household names have expressed an interest in bidding on the franchise if it becomes available. Oprah Winfrey's spokesperson said Winfrey is considering a purchase of the franchise with business magnates David Geffen and Larry Ellison. Others on the record include boxer Floyd Mayweather Jr., actor Matt Damon, and rap moguls Dr. Dre and Diddy.

"I'm a fan. I bring something to the table, it's fun and I can afford it," Geffen told ESPN. "I live in L.A., that's one thing that makes it attractive."

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(TM and © Copyright 2014 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO and EYE Logo TM and Copyright 2014 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.)

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