Magic Johnson addresses Donald Sterling firestorm at Gary scholarship dinner

April 28, 2014 (GARY, Ind.)

At a fundraiser for Gary Public Schools Monday night, Magic Johnson denied reports that he is interested in buying the Los Angeles Clippers.

"The team is owned by a man, already. So let's move on past the ownership thing," Johnson said.

It all comes as more audio recordings come to light, purportedly of team owner Donald Sterling and his mistress.

    Sterling: There's white Jews and black Jews, do you understand?

    Stiviano: And are the black Jews less than the white Jews?

    Sterling: A hundred percent, fifty, a hundred percent.

    Stiviano: And is that right?

    Sterling: We don't evaluate what's right and wrong. We live in a culture. We have to live within that culture.

The woman allegedly on the tape, V. Stiviano, declined to talk to reporters Monday, a visor covering her face.

A photo she took with Magic and posted online allegedly sparked the rant.

    Sterling: "It bothers me a lot that you want to broadcast that you're associating with black people."

"This is America. 2014. We're not going to stand for that," Johnson said.

Monday night a show of protest by the Miami Heat, their warm-up jerseys turned inside out before their playoff game, similar to what Clippers players did Sunday.

Some of the Bulls have weighed in.

"Obviously, very disappointed. It's sad for our league," said Bulls coach Tom Thibodeau.

Tuesday, NBA Commissioner Adam Silver could announce action against Sterling.

Possible punishments ranging from fine or suspension, the loss of team draft picks or even the termination of the Clippers franchise, with the consent of other owners.

"He can use that either as something he wants to do or as leverage to try to push Sterling out of the league," said Lester Munson, ESPN Sr. Writer/Legal Analyst.

The list of companies pulling advertising from the Clippers continues to grow, among those companies Illinois-based State Farm Insurance.

Monday night, Magic Johnson raised the possibility of a league-wide NBA player boycott if Sterling remains in the league next year.

The city of Gary and the Basketball Hall of Famer helped raise $120,000 Monday night for "A Gary Promise," which provides scholarship and mentoring opportunities for Gary students.

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