NBA taps Parsons to handle Clippers


The NBA chose Dick Parsons, the 66-year-old former Citigroup chairman and former Time Warner chairman and CEO, as interim CEO of the Clippers on Friday.

“I think it’s a very good hire for us,” said Doc Rivers, Clippers coach and senior vice president of basketball operations.

Parsons will oversee the management of the franchise and represent it at owners meetings while the league tries to force owner Donald Sterling to sell following his lifetime ban for racist remarks.

Parsons is currently a senior adviser at Providence Equity Partners.