I think he should fight it and I hope he does win. Not because I agree with him. But because I don't think that being an asshole is reason enough to take these measures.
Political correctness is out of control. If it bothers folks enough, they will stop contributing to his wealth.
I too feel like they dropped the ball on the previous issue and now think they have public opinion enough to make it easier to punish him. But I very seriously doubt they are doing this because it is the "right thing to do". They missed that boat years ago.
Based on experience with a franchise, I say he won't win. I don't think it matters what kind of franchise you own. Yes, you may own the property and the bank account but if you don't live up to the franchise expectations or don't follow their rules, your ass is fired. So, you are really only a partner in the business.
The fact that they canned him doesn't bother me. They are protecting their brand and it's a good business decision. If he were totally independent from the league, it would bother me.
Like others have mentioned, the main things that bother me are that it has taken so long AND it took the recording of a PRIVATE conversation. If he wants to be a racist prick, it's a free country.
This won't damage him much. 2.5 mil hurts him less than a speeding ticket would us. Well, most of you. I'm loaded.