POSTED: Apr 27, 2014 1:16 PM ET
CHARLOTTE — "I look at this from two perspectives -- as a current owner and a former player. As an owner, I'm obviously disgusted that a fellow team owner could hold such sickening and offensive views. I'm confident that Adam Silver will make a full investigation and take appropriate action quickly. As a former player, I'm completely outraged. There is no room in the NBA -- or anywhere else- - for the kind of racism and hatred that Mr. Sterling allegedly expressed. I am appalled that this type of ignorance still exists within our country and at the highest levels of our sport. In a league where the majority of players are African-American, we cannot and must not tolerate discrimination at any level."