ON AIR NOW

LISTEN NOW

Weather

cloudy-day
27°
Sunny
H 50° L 31°
  • cloudy-day
    27°
    Current Conditions
    Sunny. H 50° L 31°
  • clear-day
    45°
    Afternoon
    Sunny. H 50° L 31°
  • clear-night
    40°
    Evening
    Clear. H 50° L 31°
LISTEN
PAUSE
ERROR

Krmg news on demand

00:00 | 00:00

LISTEN
PAUSE
ERROR

Krmg traffic on demand

00:00 | 00:00

LISTEN
PAUSE
ERROR

Krmg weather on demand

00:00 | 00:00

Sports
Former Time Warner CEO Dick Parsons to take over Clippers
Close

Former Time Warner CEO Dick Parsons to take over Clippers

Former Time Warner CEO Dick Parsons to take over Clippers
Photo Credit: Ronald Martinez
(2nd L) Team owner Donald Sterling of the Los Angeles Clippers and (3rd L) V. Stiviano watch the San Antonio Spurs play against the Memphis Grizzlies during Game One of the Western Conference Finals of the 2013 NBA Playoffs at AT&T Center on May 19, 2013 in San Antonio, Texas. (Photo by Ronald Martinez/Getty Images)

Former Time Warner CEO Dick Parsons to take over Clippers

​With its owner accused of discrimination and banned from the NBA for life, the Los Angeles Clippers finally have a new boss. On Friday, the NBA appointed businessman Dick Parsons as the team's interim CEO.

Parsons is a noted basketball fan, having played in college. Talking to a league reporter, he said he could help the Clippers decide "do we go up, do we go down, puts his arm around the people who are involved and tell them that they're appreciated. I hope I can do that."

His appointment as CEO follows the controversy surrounding Donald Sterling and the resignation of team president Andy Roeser. It makes sense, as the National Basketball Player's Association vice president told Yahoo. "We're looking for a change in ownership—a complete change."

“Really, the league could not have made a bigger splash for a CEO than Dick Parsons," one ESPN commentator said. "We’re talking about a lawyer with ties to Rockefeller, President Barack Obama.”

"Dick's credentials as a proven chief executive speak for themselves and I am extremely grateful he accepted this responsibility," NBA Commissioner Adam Silver said in a release

Parson's credentials include previously serving as Time Warner’s CEO and even chairing Citigroup until 2012. He currently serves on the board of directors for Madison Square Garden.

Parsons doesn't have a spotless reputation, however. The businessman was caught in a fraud investigation in the 1980s, left Citigroup in the wake of lawsuits and even oversaw the Time Warner-AOL merger, which Forbes calls one of the worst business decisions ever made.

The Daily Banter sums it up, writing, “It’s the same story every time: Three executive jobs, three disasters, each worse than the previous one.”

Parsons will step down from his position at Madison Square Garden and join the team immediately. Meanwhile, Donald Sterling is vowing to fight any order from the NBA to sell the team.

Read More
VIEW COMMENTS

There are no comments yet. Be the first to post your thoughts. or Register.

  • A U.S. Navy aircraft with 11 people on board has crashed into the Pacific Ocean, officials said Wednesday. >> Click here or scroll down for the latest updates >> Read more trending news
  • For those wanting the traditional Thanksgiving feast but who can’t, or don’t want to, do the cooking there are a few restaurants in Tulsa that traditionally use the holiday as a way to thank their customers by offering a free meal. In Tulsa, Tally's Good Food Café at 11th and Yale has offered free Thanksgiving for 30 years; they'll feed people from 11:00 a.m. to 2:30 p.m. Thursday. Owner Tally Alame tells KRMG he loves Thanksgiving, and loves throwing his doors open to all comers on the holiday. “Coming originally from Lebanon, I experienced Thanksgiving when I came to the country here, and it has to be my favorite time of the year. You can look back and see everything that we are thankful for, and so I just want to share my gratitude with my customers.” This year, he’s also thankful that his success is about to lead to a second location, at 61st and Sheridan. He had hoped to have it opened by Thanksgiving, but says he’ll have to delay until (tentatively) December 11th. Duffy’s Restaurant at 706 S. Elm Place will serve its free meal from 11:00 a.m. to 2:00 p.m. Owner Eddie Chammat tells KRMG it’s about thanking his customers, but also about providing a welcoming place for those who might otherwise be alone on the holiday. Batman's at Pine and Mingo offers free Subway Sandwiches and pie from 11:00 a.m. until 1:00 p.m. Thanksgiving Day.
  • There is no snow in the immediate forecast, but that doesn't mean the city of Broken Arrow isn't hard at work getting ready for all contingencies. Communications Director Krista Flasch says street crews are going over routes and preparing for snow and ice. “Before people even think about winter weather, our crews are out there checking equipment and making sure it’s in working order,” Flasch said.  Broken Arrow has purchased three new snow plows to replace ones that were no longer working. They also have a new sand spreader. Flasch adds they’re also making sure the city and the school district are on the same page. The city may be ready for winter storms, but most residents we spoke to are hoping it will hold off.  One woman says there is no point in preparing for the snow in this state.  “We’re not really prepared at all,” the woman said.  “Oklahoma’s weather is really unpredictable, so we’re going to go with the flow.” Are you prepared for winter weather?  Let us know in the comments. 
  • Jacksonville, Florida, officers say a man when he shot and killed a driver on I-95. >> Watch the news report here Police said 32-year-old Tyrell Brown was sleeping in the passenger seat of 25-year-old Steven Shawn Grady's car as they drove through Jacksonville on Sunday. The group was traveling from Orlando to North Carolina. At one point, Brown woke up and shot Grady in the face, a witness told police. The witness, who was in the backseat of the car, tried to gain control of the wheel. The car ran off the interstate and crashed near the Union Street exit around 3:15 a.m. >> Read more trending news  Officials said Brown violently resisted officers when they got to the scene. There was no indication of a prior altercation between Brown and Grady, officers said. A Jacksonville Sheriff's Office spokesperson said Brown smoked a cigarette dipped in formaldehyde and marijuana before the shooting. He was taken to UF Health Jacksonville for his safety, officers said. Brown is facing a murder charge. His next court date is Dec. 12.
  • After an eight-week special session, the House fell just five votes short of a tax-raising plan to stabilize state revenues. Once the special session was over, Governor Mary Fallin caught legislative leaders off guard when she vetoed a bill that would have closed a $215 million hole in the budget. The plan called for a combination of cuts to agency budgets and raids on state savings accounts. Gov. Fallin will soon ask the Oklahoma Legislature to return to the state Capitol.  Fallin spokesman Michael McNutt said Monday the governor is working to pin down potential dates and define the parameters of her special session call that will determine what kind of bills lawmakers can consider.