Interim Clippers CEO Dick Parsons, speaking at a news conference in Los Angeles on Monday, said his role with the team will be to protect the value of the team as the NBA seeks a new owner.
"My job is to be the CEO of the enterprise and to make sure the boat still floats, the boat is still heading in the right direction, and then maybe we pick up a little speed," Parsons said.
The former chairman of Time Warner and Citigroup spoke publicly a week after he was appointed by NBA commissioner Adam Silver, following the league's lifetime ban of current owner Donald Sterling.
Parsons was hand-picked by the NBA to run the Los Angeles Clippers and says he's confident the league will succeed in forcing a sale of the team.
"The league will prevail, which means that there will be an ownership change," Parsons said. "That's a personal belief based on having not only looked at the docs, but looked at Adam Silver in the eye and seen a determination."
Parsons arrived in Los Angeles on Monday to meet with management and staff of the Clippers, whose owner, Donald Sterling, has been banned for life by the NBA and fined $2.5 million, after recordings of him making racist comments surfaced.
Parsons says he's just beginning to familiarize himself with the workings of the team, which is in the midst of competing in the playoffs. Asked about Sterling apologizing in a television interview airing Monday, Parsons said, "He's a little late, to be sure."
Parsons says he's being paid by the NBA, but he doesn't report to Silver or the league's other owners.