CarMax, Virgin Airlines pull sponsorship deals with Clippers due to alleged Donald Sterling comments

Adam Silver will make an announcement on the Donald Sterling allegations on Tuesday. (Jesse D. Garrabrant/Getty Images)

CarMax and Virgin Airlines pulled their sponsorships of the Clippers on Monday in the wake of Donald Sterling's alleged racist remarks.

CarMax, a used-car retailer, has made an official announcement, while Virgin's decision was first reported by CNBC's Ryan Ruggiero.

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"CarMax finds the statements attributed to the Clippers' owner completely unacceptable," CarMax spokeswoman Catherine Gryp said in a statement. "These views directly conflict with CarMax's culture of respect for all individuals. While we have been a proud Clippers sponsor for nine years and support the team, fans, and community, these statements necessitate that CarMax end its sponsorship."

State Farm insurance company, which features Clippers guard Chris Paul (and his fake twin brother Cliff Paul) in its advertisements, may follow suit. Steve Stoute, the CEO of Translation, a marketing firm that represents State Farm, said he is advising his client to cut ties with the Clippers in an interview with ESPN Radio on Monday.

“What I'm going to do … I'm telling the brands that I represent, ‘let's pull sponsorship.'” Stoute said. “State Farm is pulling out, and other brands are pulling out. We're going to start seeing it over the next 48 hours.”

The Clippers play host to the Warriors in Game 5 of their first-round playoff series on Tuesday, and commissioner Adam Silver said on Saturday he hopes the league will finish its investigation before the game tips off.

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