minority ownership

Beyond Human Capital: Donald Sterling, Race, and Sports Ownership

Beyond Human Capital: Donald Sterling, Race, and Sports Ownership
Within hours after the NBA announced sanctions against Donald Sterling, a list of potential Clippers buyers emerged. Among them were noted People of Color such as Oprah Winfrey, Sean Combs, and Floyd Mayweather, Jr. While it’s too soon to safely assume that Sterling will lose his ownership, it’s not too soon to hope for a systemic change in the ownership culture of major American sports. And the best way to affect that kind of significant shift is to have People of Color not only provide the human capital, but also the financial capital through ownership.
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