Dick Parsons named new L.A. Clippers CEO.

Dick Parsons is hoping for a short stint running the Los Angeles Clippers, though he's ready to stay on as long as it takes.

Moving the franchise away from Donald Sterling and to new ownership might require a lengthy fight, but it's one Parsons thinks is worthwhile. "This is an issue that's actually bigger than just the Clippers, bigger than just the NBA in my judgment," Parsons said. "The whole world is kind of watching how, frankly, we as a country navigate our way through this crisis. So if I can help, I'm happy to try."

The NBA chose 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.

Read it at Yahoo.