The NBA, in consultation with Los Angeles Clippers management, will appoint a chief executive officer to supervise the team's day-to-day operations, the league announced Saturday.

NBA commissioner Adam Silver on Tuesday banned Clippers owner Donald Sterling for life for racist comments he made on an audio recording. Silver also fined Sterling $2.5 million and urged league owners to force him to sell the team.

Mike Bass, the NBA executive vice president of communications, released a statement:

"The best way to ensure the stability of the team during this difficult situation is to move quickly and install a CEO to oversee the Clippers organization. The process of identifying that individual is underway."

Donald Sterling's wife Shelly, co-owner of the team, said she fully supports the league's decision.

"I spoke with Commissioner Adam Silver this week to tell him that I fully supported his recent swift and decisive action," she said in a statement. "We also agreed at that time that, as a next step, both the league and the team should work together to find some fresh, accomplished executive leadership for the Clippers. I welcome his active involvement in the search for a person of the utmost character, proven excellence and a commitment to promoting equality and inclusiveness.

"As a co-owner, I am fully committed to taking the necessary steps to make the Clippers the best team in the NBA. That has been my aspiration ever since 1981."

Coach Doc Rivers, who is also the team's vice president of basketball operations, will continue to run the basketball side with vice president of basketball operations Gary Sacks. reported that NBA deputy commissioner Mark Tatum addressed Clippers employees on Saturday night at Staples Center to brief them on the situation. Rivers will be consulted on the search for the CEO, according to sources, with the league expected to make a decision on the position as early as next week.

The league's advisory/finance committee held its first meeting about Sterling on Thursday. The 10-member committee said in a statement that it "unanimously agreed to move forward as expeditiously as possible" on the process of terminating Sterling's ownership and planned to reconvene next week.

High-profile figures have come forward to express their interest in buying the Clippers, including Oprah Winfrey, Floyd Mayweather Jr. and Magic Johnson.