Report: Sterling hires BofA to help sell Clippers

LOS ANGELES - Embattled Los Angeles Clippers owner Donald Sterling has reportedly turned to Bank of America to help with the sale of the team.

A source told ABC News Tuesday that Sterling and his wife Shelly had hired Bank of America. No further details were confirmed.

This latest development comes on the tail of the heavy public backlash that followed last month’s release of a recording that captured Sterling making a series of racist comments while talking with his assistant V. Stiviano.

The NBA enacted tough sanctions on Sterling and announced it would force him to sell the team. Initially, Sterling responded by saying he would fight to keep the Clippers. However, he has since softened his stance. Last week, he allegedly signed the team over to Shelly to allow her to negotiate a sale.  

Sterling has owned the Clippers since 1981. He purchased the team for $13 million. It is expected to sell upwards of $1 billion.