Sterling Apologizes

Clippers owner Donald Sterling has apologized for the racist comments that got him banned from the NBA for life, saying it was a "terrible mistake."

Sterling told CNN's Anderson Cooper in excerpts posted from an interview taped Sunday and set to air Monday that he is not a racist.

Sterling said years of good behavior as an owner should count toward his future and is hoping his fellow NBA owners will give him a second chance.

Meanwhile, his estranged wife, Shelley says she would fight to keep her share of the Los Angeles Clippers. The NBA says otherwise.

The NBA says if Donald Sterling's ownership of the Los Angeles Clippers is terminated, so is Shelly Sterling's.

Shelley Sterling told ABC News she didn't know why she should be punished for what her husband did and plans to divorce him.