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Real estate mogul and Los Angeles Clippers NBA basketball team owner Donald Sterling attends the Milken Institute Global Conference in Beverly Hills, California May 1, 2012. REUTERS/Danny Moloshok

NBA bans Donald Sterling for life for racist remarks, fines him $2.5 million

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NEW YORK (Reuters) - The NBA banned Los Angeles Clippers owner Donald Sterling from professional basketball for life on Tuesday and fined him $2.5 million in an unprecedented rebuke for racist comments that drew outrage from players, fans, commercial sponsors and even President Barack Obama.

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