Kind interesting, I guess according to whatever NBA charter there is and like Texas Cloverleaf said, they can forcibly take the team with a 3/4ths vote, then sell it. Of course, the kicker is the former owner gets whatever money is left over after expenses, so the league is just basically selling it for him, but he's gonna get a lot less out of it likely. So either way he (unfortunately) will get his money, and being in LA and in the best financial/performing health of its poor existence, the Clippers could probably command up to a billion easily with the right buyer(s). So kind of interesting in that you don't truly own the sports franchise in a sense if it can be stripped and sold for you.
Perhaps he'd make it easy on everyone and he'll turn up mysteriously in a ditch somewhere. Or heck, maybe he'll give it to his former wife as a divorce settlement, would be fair enough for a guy that's probably gonna pay out as much anyways due to community property laws if he sells the team.