Just because you own a sports team, it doesn't guarantee you get to be part of a sports league if the members want to vote you out.
No, but what would make more sense is them removing the "Clippers" franchise from the league by vote, moreso than stripping away his ownership, if he refuses to sell. If you kick the franchise that he owns out of the league, he still owns the rights to the name, the logo, the lease to play in the stadium, etc. Those things have become worthless because of his own stupid actions and he'll suffer for it.
But then you have the issue with the existing contracts that I mentioned.
Iamdg already linked you to the part that says that he can void all of the players' contracts.
No, he did not. He linked me to part of a document that said the league can void a player contract when the player or the team violates something called "Section 1."
Section 1 was about circumvention of the salary cap. What Iamtdg linked me to gave the league no power to void contracts for owner racism.
Whether the NBA can force him to sell the name "Clippers" or not, they can basically make it moot by making it worthless to him if he refuses to sell.
Yes, agreed. And that is within their prerogative.
But that also means they are potentially banishing Chris Paul and Blake Griffin to no mans land until their contracts with the Clippers expire, or opening themselves up to serious lawsuits for circumventing those contracts.
Maybe the league's proper response should be to do that and then pay whatever lawsuits they incur for violating those contracts. It will be expensive though. But apparently everyone is taking a moral stand right now, so put their money where their mouth is.