Sterling pays $2.7 million

Billionaire real estate mogul (and Clippers owner) Donald Sterling is settling allegations that he discriminated against African Americans, Hispanics and families with children in renting out apartments. It's the largest settlement ever cut by the Justice Department in a discrimination case involving apartment rentals, though it certainly won't lower Sterling's tax bracket. Frankly, it'll mean nothing to the guy. What about giving him community service? From the LAT:

The Justice Department sued the Sterlings three years ago, accusing them of favoring Korean tenants while seeking to exclude blacks and families with children. Through their Beverly Hills Properties, the Sterlings own and manage about 119 apartment buildings with some 5,000 units in Los Angeles County, according to the Justice Department. In court filings, Justice Department lawyers presented evidence that the Sterlings made statements "indicating that African Americans and Hispanics were not desirable tenants and that they preferred Korean tenants" occupy buildings they owned in Koreatown.