I don't see the state going after her either. I do see Sterling going after her and TMZ in civil court if he believes her illegal taping of a private conversation costs him $100M
the question of what happens to the money after the team gets bought is a big one. I cannot fathom sterling would be denied the money. then I would see him suing anyone and everyone to get back the money from the team. that is where I believe his 1st amendment rights would definitely come into play. they can ban him and force him out, they can fine him the $2.5M, all of which is within their right as he "disgraced" the NBA; however, if they try to take that $100M then they would have to somehow prove they deserve it by showing damages to the NBA image in that amount in a court of law, and that just won't happen as the NBA will still make its money and likely profit more by his ousting and subsequent more positive image as a result.
however, if they cannot find anyone to buy the team and the team has to file for bankruptcy and then someone else buys a new franchise in LA and names it something different, then he would have no legal case as it could be argued that the team was not worth $100M and that was due to his tarnishing the team, the Clippers name, blah, blah, blah.