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Statement regarding NBA Advisory/Finance Committee Meeting

POSTED: May 19, 2014 9:19 PM ET

Official release


— The following statement has been issued by Mike Bass, Executive Vice President, Communications, regarding today's meeting of the NBA Advisory/Finance Committee:

"This afternoon, the Advisory/Finance Committee met again via conference call and discussed today's delivery of the charge to terminate Donald Sterling's ownership of the Los Angeles Clippers. The Committee reviewed the next steps in the process leading to a special meeting of the NBA Board of Governors planned for June 3 and agreed to reconvene next week."