No matter what happens, mark my words, Clippers players will not become free agents. They probably wont sit out either, and if they do, they will be punished. This is probably about to go into legal litigation, the NBA is about to start doing everything by the rules and there is no precedence to start voiding contracts of active players because they don't like the owner, regardless of what he did.
Sterling has a good case from a legal standpoint and he has the money to withstand a lengthy court battle. In the original thread, I said I would celebrate after the team was sold and he was gone. So far, other than him not being at the games, it's just been a bunch of lip service and a circus. No ACTUAL discipline has been handed down, and there's a great chance that Chris Paul and Doc Rivers will both be collecting checks with Donald Sterling's signature next year. Most of the stuff we're reading in the media is just surface garbage to get us emotional, but through all the smoke and mirrors, nothing big will happen. Unless of course you expect the US justhem system to set a new precedent.