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NBA picks Dick Parsons as interim Clippers CEO

NEW YORK (AP) - The NBA has chosen Dick Parsons, a former Citigroup chairman and former Time Warner chairman and CEO, as interim CEO of the Los Angeles Clippers.

Parsons will oversee the franchise while the league tries to force owner Donald Sterling to sell it following his lifetime ban for making racist remarks.

NBA Commissioner Adam Silver said Friday in a statement that Parsons "will bring extraordinary leadership and immediate stability to the Clippers organization."

"Dick's credentials as a proven chief executive speak for themselves and I am extremely grateful he accepted this responsibility," Silver added.

With Sterling banned from anything to do with the team or league, and team President Andy Roeser on an indefinite leave of absence, the league and Clippers worked together to find someone to lead the organization along with coach Doc Rivers.

"Like most Americans, I have been deeply troubled by the pain the Clippers' team, fans and partners have endured," Parsons said. "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."

Parsons is currently a senior advisor at Providence Equity Partners and sits on the board of directors for the Commission on Presidential Debates. He has also been on President Barack Obama's economic advisory team.

A graduate of the University of Hawaii, Parsons earned a law degree from Albany Law School in 1971 and became a staff lawyer for New York Governor Nelson Rockefeller. He moved to Washington when Rockefeller was appointed vice president, and also worked closely with President Gerald Ford.

Parsons left the legal field in 1988 to become president, then chairman and CEO of Dime Bancorp, Inc. He was Time Warner chairman and CEO from 2002-08, then chairman of Citigroup from 2009-12.

He will represent the franchise in owners meetings while the league tries to work out the team's ownership situation.

A three-fourths vote of owners is required to force Sterling to sell the team he has owned since 1981. His estranged wife, Shelly, wants to keep her 50 percent ownership stake in the team, her lawyer said Thursday, and Silver said so far the ban only applies to Donald Sterling.

While that potential fight goes on, the Clippers are trying to stay focused on the playoffs following their most successful regular season ever. They are tied with the Oklahoma City Thunder entering Game 3 of their Western Conference semifinal series.

"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," Parsons said. "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."

Join the discussion

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iambudster May 09 2014 at 11:16 PM

Just My Opinion:

Donald Sterling getting banned from the NBA and fined 2.5 million, is the equivalent of AL Sharpton or Jessie Jackson being fined 2.5 million and being barred forever from the Whitehouse and MSNBC for what they said about the Jews and white people. Does anyone here see a double standard and a corruption of the Constitutional right of American citizens to speak their minds freely behind closed doors when emotion sometimes over takes human ability to reason? If held to the same standards, any fly on the Whitehouse wall could get enough to financially impoverish Hillary or Barack if equal justice under the law is applied to them, but true equality is never part of their politically weighted agenda to manipulate the lives of other people, even disoriented Billionaires who now in his 80’s has an opportunity and the financial wherewithal in the courts to strike a blow for American freedom of speech and privacy, and correct with his money what he abused with his speech. Strange it is how when Clinton got caught with pants down the Liberal defense was that the government and others do not belong in your private bedroom. There is much more at stake here for the rights of individual Americans than this MEDIA bimbo eruption disguised as a racial inequality.

Whatever happened to: “I may not agree with what you say, but I will defend to the death your right to say it.”,,,,,,,,Liberal Progressive Socialism happened, and is happening here too, and just kiss your right to private property away with one slip of the tongue which offends the ruling party and police of your thoughts.

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2 replies
Joebudgie iambudster May 10 2014 at 12:41 AM

Amen. I agree with you completely.

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written0717 iambudster May 10 2014 at 9:57 AM

Well said! Jessie Jackson and Al Sharpton are nothing more than ambulance chasers who look for any excuse to cry about the so called injustice to Blacks. I see more and more Blacks who don't see that with equality comes accountability, but instead they seek entitlement. The double standard in this country is led by our own President and his wife. Both of whom are rampant racists against Whites. You can see for yourself what they have done to this country. What a mess!

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Normie Baby May 09 2014 at 9:55 PM

What a lucky break! The new CEO just happens to be black! The neat thing is, black people can't be racist.

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4 replies
bbnpl4545 May 09 2014 at 9:53 PM

Boycott The NBA. Stop the white money that supports it.

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3 replies
barack_obama16 May 09 2014 at 9:53 PM

Like they all said. WEE NEED A BLACK OWNER. is that not racist. No becouse a black person said it.
Now if a white person was to say we need a white owner. Well you know what would happen

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1 reply
MeritaBread barack_obama16 May 09 2014 at 10:26 PM

Why would a white person say that? All the owners are white except ONE!

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1 reply
vrrrsix MeritaBread May 09 2014 at 10:33 PM

Some people just don't get it. They post without knowing the facts.

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bbnpl4545 May 09 2014 at 9:50 PM

we've got free speech in this country, which is great too," Obama said in response to the man in the audience.

Here is your two faced president.

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j.dethlefsen May 09 2014 at 9:35 PM

The only language what this Idiot of NBA Commissioner understand is a Multi Billion Dollar Law Suit against him and his Dad.
I would hire the best of the best Attorney in the USA and go after the NBA, if one Black Player will open his SLUR Mouth he got suit eider

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2 replies
vrrrsix j.dethlefsen May 09 2014 at 9:49 PM

Hire all the lawyers you want but first check the NBA rules and code of conduct for owners.

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suzyteaser j.dethlefsen May 09 2014 at 9:53 PM

And then you woke up and realized you were broke and had no real opportunity to make a difference. And scene.

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rufus May 09 2014 at 9:35 PM


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1 reply
vrrrsix rufus May 09 2014 at 9:46 PM

Yep you are right the NBA doesn't like WHITES, The funny thing is if you ever watch a NBA game on TV, the majority of the people at the games are WHITE. Go figure.

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3 replies
vrrrsix May 09 2014 at 9:33 PM

Lots of interesting comments but so many are missing the point. This is not a freedom of speech issue It has to do with violation of league policy governing the conduct of a team owner. It doesn't matter if you own the team, your conduct and actions must follow guide lines set forth by the league and that ALL owners are aware of. If 75% of the owners agree that his conduct was/is detrimental to the league he can be forced to sell. I'm sure the NFL, MLB and NHL have similar rules. Now he can fight this in the courts but I doubt he will win. He cannot use freedom of speech as a defense.

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4 replies
Danny May 09 2014 at 9:33 PM

blacks queers atheist its not about equal rights they want to take your rights

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osinhoff08 May 09 2014 at 9:26 PM

Big lesson for prejudice it does not work in this society anymore I for one am so pleased to see the support. I hear gun advocates and bigots justify in their minds their cause with no common sense only support for selfish causes it's so refreshing to see us all, every race and color, supporting each other for our Children and their future. As far as Sterling I didn't hear him say anything until last week he has a team and a job how can any of his players support him? And by the way, I'm white. I have respect for everyone who shows the qualities to deserve it.

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1 reply
wyreholderdragon osinhoff08 May 09 2014 at 10:18 PM

You are wrong prejudice does work but only coming from non- whites - if you are white all you can do is not say anything because if the PC police don't like what they think you said they will come after you
and steal what little the gov't has left you for not bowing to their idea of what is politically correct

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