UPDATE: 5/12/14, 8:34 a.m. EDT. Shelly Sterling told ABC’s Barbara Walters this weekend that she eventually intends to file for divorce from Donald Sterling, although the league has said she will not be able to retain an ownership interest in the Clippers if her husband is forced to sell the team. Sterling himself has asked for forgiveness in an interview with CNN’s Anderson Cooper.

A week after hitting Los Angeles Clippers owner Donald Sterling with a lifetime ban for racist comments he made to his mistress, the National Basketball Association has appointed former Citigroup and Time Warner chairman Richard Parsons as the team’s interim CEO.

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