Former Clippers owner Sterling settles lawsuit

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(Reuters) - Former Los Angeles Clippers owner Donald Sterling has settled a lawsuit with the National Basketball Association and others, the Los Angeles Times reported on Friday. Sterling sued the NBA in 2014, after his estranged wife Shelly, with whom he co-owned the Clippers, agreed to sell the franchise to former Microsoft chief executive Steve Ballmer for $2 billion. The sale was forced by the NBA after racially charged comments by Sterling became public, leading the association to ban him for life and fine him $2.5 million.

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