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AP Source: Shelly Sterling reviewing multiple bids up to $2B for Los Angeles Clippers

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FILE - This file photo taken Nov. 19, 2013, shows then Microsoft CEO Steve Ballmer during the company\'s annual shareholders meeting in Bellevue, Wash. An individual with knowledge of negotiations to sell the Los Angeles Clippers said Shelly Sterling has reached an agreement to sell the team to Ballmer for billion. The individual, who wasn’t authorized to speak publicly, told The Associated Press on Thursday, May 29, 2014, that Ballmer and the Sterling Family Trust now have a binding agreement. The deal now must be presented to the NBA. Ballmer beat out bids by Guggenheim Partners and a group including former NBA All-Star Grant Hill. (AP Photo/Elaine Thompson, File)

LOS ANGELES, Calif. – An individual with knowledge of negotiations to sell the Los Angeles Clippers says attorneys and bankers are reviewing multiple bids and have not yet selected a winning bidder.

The individual, who was not authorized to speak publicly, told The Associated Press on Thursday that “there has been no decision…they are still negotiating bids, plural.”

The person spoke amid media reports a buyer had been selected.

Shelly Sterling is negotiating the sale after her husband, Donald Sterling, made racist remarks that were made public. She was looking at three serious bids earlier Thursday ranging from $1 billion to $2 billion by former Microsoft CEO Steve Ballmer, Guggenheim Partners and a group including former NBA All-Star Grant Hill.

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The Associated Press

The Associated Press is an independent global news organization dedicated to factual reporting. Founded in 1846, AP today remains the most trusted source of fast, accurate, unbiased news in all formats and the essential provider of the technology and services vital to the news business. More than half the world’s population sees AP journalism every day.

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