Should racist comments deprive an owner of his property?

Now that the raucous uproar has abated somewhat in the case of Donald Sterling, owner of the Los Angeles Clippers, perhaps cooler heads can prevail. What has been sorely needed all along is a detached, logical analysis of the law and the constitution and bylaws of the National Basketball Association (NBA). Such a thing is difficult if not impossible in the middle of a frenzy as everyone from players to other NBA owners to sports reporters have rushed to judgment without stopping to consider the facts.

The most obvious and shocking fact that can be discovered concerning Sterling's punishment is that practically none of it is called for in the NBA's constitution and bylaws. 

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