Source: Donald Sterling surrendering control of LA Clippers to wife

LOS ANGELES — Donald Sterling has agreed to surrender his stake of the Los Angeles Clippers to his wife, and she is moving forward with selling the team.

A person with knowledge of the negotiations told The Associated Press Friday that the couple made the agreement after weeks of discussion. The individual wasn't authorized to speak publicly about the agreement.

Shelly Sterling is working to resolve the dispute amicably but wants to "have meaningful control" over the transaction.

In response to a Deadspin report questioning Parsons' playing experience, a spokesman for interim Clippers CEO Dick Parsons said the former chairman of Citigroup and Time Warner never claimed to play varsity.

"Dick played on the freshman team at the University of Hawaii in 1964-65," Parsons spokesman Ed Adler said. "He never said that he played varsity, that he lettered, or that he was a good player."

Hawaii athletics officials said record-keeping during the era was poor and the school has no record of anyone who played on the 1964-65 freshman team.

"We can't verify anybody played on that team," Hawaii athletics spokesman Derek Inouchi said. "For '64-65 we have nothing at all for the (junior varsity) freshman team."

Other university records neither confirmed nor contradicted Parsons' position. A student newspaper report from Oct. 27, 1964, says it was the first year Hawaii had a freshman basketball team. But the newspaper did minimal reporting on the squad throughout the season and didn't mention Parsons. Library records showed Hawaii didn't publish a yearbook for the 1964-65 school year.