Representatives for Shelly Sterling and the NBA declined to comment.
The agreement was an about face for Donald Sterling, who just last week filed a $1 billion suit against the NBA in federal court alleging the league violated his constitutional rights by relying on information from an "illegal" recording that publicized racist remarks he made to a girlfriend. It also said the league committed a breach of contract by fining Sterling $2.5 million and that it violated antitrust laws by trying to force a sale. Blecher said that as a result of the agreement, the federal suit will now be dismissed.
Sterling's comments to V. Stiviano included telling her to not bring black people to Clippers games, specifically mentioning Hall of Famer Magic Johnson. NBA Commissioner Adam Silver ultimately decided to ban Donald Sterling for life and began efforts to force Sterling to sell the team.
For weeks, Donald Sterling said through his attorneys that he would fight the NBA's decisions to try to force his ouster as a team owner. But last week Shelly Sterling utilized her authority as sole trustee of The Sterling Family Trust.
Durant, James lead All-NBA selections
Oklahoma City's Kevin Durant has capped his MVP season by being the lone unanimous choice to the All-NBA first team.
Durant was a first-teamer on all 125 ballots, and made the top squad for the fifth time. Miami's LeBron James got 124 first-team votes on the way to being selected for the eighth time, while the Los Angeles Clippers' Chris Paul earned his fourth first-team selection.
Houston's James Harden and Chicago's Joakim Noah are first-time first-team choices.
Second-team All-NBA selections were San Antonio's Tony Parker, Golden State's Stephen Curry, the Clippers' Blake Griffin, Houston's Dwight Howard and Minnesota's Kevin Love.
Portland's Damian Lillard and LaMarcus Aldridge, Phoenix's Goran Dragic, Indiana's Paul George and Charlotte's Al Jefferson were third-team selections.