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Magic Johnson sells his shares of the Lakers, looks to purchase another team

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Magic Johnson has nothing to do with the Lakers.

Well, not exactly, he will forever be a Laker in everyone’s minds, forever wearing the “Forum blue and gold” in the hearts of Lakers fans. But now he has no actual ties to the team

Magic Johnson is selling his shares of the Lakers.

“After heavy deliberation and a weighing heart, I have decided to sell my share of the Lakers to Dr. Patrick Soon-Shiong…” Johnson said in a press release on the Lakers Web site. “I am truly humbled to have been a Lakers player for 13 years and an owner for over 10 years. I thank Dr. Buss from the deepest part of my heart and soul for allowing me such an incredible opportunity. I will continue to work alongside Dr. Buss, Jeanie Buss and Mitch Kupchak in their efforts to continually build and maintain the best NBA franchise in the league. This was a bittersweet business decision made on behalf of my family and myself, and I want to assure all the wonderful and loyal Lakers fans that my decision will in no way affect my dedication and support for the Los Angeles Lakers. I am and will always be a Laker for life.”

“The sale of Earvin’s share of the team is a business decision which will not change our relationship,” Lakers owner Jerry Buss said in the same release. “Our friendship goes well beyond business. Patrick is a long-time and passionate Lakers fan and we are delighted to have him as a partner.”

Magic Johnson wants a larger role in team ownership and talked about that back in August. He wants more of a Michael Jordan role in Charlotte, as one of or the main face of franchise ownership. That was never going to happen with the Lakers, where the Buss family has no plans to sell. Magic’s name came up on the periphery of the sales of the Golden State Warriors and Detroit Pistons (and that Pistons sale has yet to go through and Magic is from Michigan and… we’re just speculating here).

But you cannot own parts of two NBA franchises, so Magic had to get out of the Lakers before he could be serious elsewhere.

It makes sense why he did it, but still it feels unsettling and wrong. Magic Johnson is as much a Laker as anyone, and if you doubt that watch one night here in Los Angeles at how many people get their picture taken with his statue out in front of Staples Center. He is a Laker icon. A Los Angeles icon for his work with HIV/AIDS and off the field bringing business to the inner-city.

This has happened other places — Larry Bird may run the Pacers but he is forever a Celtic. The same is true here. Still feels odd.

As for the new Lakers owner, Dr. Soon-Shiong, we don’t know much — except that he is the richest man in Los Angeles, worth an estimated $7.1 billion. How did he get so rich? The official release from the Lakers has some of the details, but suffice to say he is just smarter than you and me.

Dr. Soon-Shiong, a Lakers season seat holder for more than 25 years, is Chairman of the Chan Soon-Shiong Family Foundation, Chairman and CEO of All About Advanced Health and founder of the National Coalition for Health Integration. He is the Executive Director of the UCLA Wireless Health Institute and Professor of Microbiology, Immunology, Molecular Genetics and Bioengineering at UCLA. Dr. Soon-Shiong is a fellow of the American College of Surgeons and the Royal College of Physicians and Surgeons of Canada. In 1993, he performed the world’s first encapsulated human islet transplant and the first pig to man islet cell transplant in diabetic patients.

“It is an honor for me to be part of the Lakers family and the nation’s foremost basketball franchise,” said Soon-Shiong. “The Lakers’ leadership and spirit of community engendered by Dr. Jerry Buss and his family is an inspiration to us all. Our family looks forward to a future filled with the excitement this team brings to the city and the nation. Earvin Johnson is a shining example of excellence on and off the court, and it is a privilege to have acquired his ownership position.”

Report: Cavaliers trading Kevin Love ‘not even remotely a consideration’

CLEVELAND, OH -  JUNE 22: Kevin Love #0 of the Cleveland Cavaliers celebrates with fans during the Cleveland Cavaliers 2016 championship victory parade and rally on June 22, 2016 in Cleveland, Ohio. (Photo by Jason Miller/Getty Images)
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Will the Cavaliers trade Kevin Love?

Cleveland’s championship quieted, but didn’t stop, the speculation.

The Cavs’ stance might.

Steve Kyler of Basketball Insiders:

While there are no shortage of suitors who would take on Love’s contract, sources close to the Cavs say moving him is not even remotely a consideration.

Some parts of the equation haven’t changed since the last trade deadline:

  • Love is a good, and probably now underrated, player who can’t reach his full potential while playing with LeBron James and Kyrie Irving. That’s OK. Most players must sacrifice to fit their team’s needs.
  • Love helps the Cavaliers against most teams. As I said above, he’s really good.
  • The Warriors – the overwhelming championship favorites – present a particularly difficult matchup for Love. The Cavs didn’t quite win the Finals in spite of Love, but his contributions were limited.

But a few things have changed:

  • Cleveland proved it could win a title with Love. There is no longer any doubt.
  • The championship also affects perception. Teams are reluctant to break up their cores coming off a title. It’d be surprising to see Cleveland make a major move until after the 2017 postseason.
  • Specifically, LeBron’s relationship with Love might have improved. Winning cures all ills. After previous reservations, LeBron might feel a stronger connection with Love due to their experiencing a title run together.

So, I buy that the Cavs are firmly against trading Love. The question: Will that stance change once they lose in the playoffs, whether that’s in 2017 or beyond?

Report: Blake Griffin’s camp ‘adamant’ he’ll re-sign with Clippers

LOS ANGELES, CALIFORNIA - APRIL 06:  Blake Griffin #32 of the the Los Angeles Clippers drirbbles past Metta World Peace #37 of the the Los Angeles Lakers during a basketball game at Staples Center on April 6, 2016 in Los Angeles, California.  (Photo by Sean M. Haffey/Getty Images)
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Doc Rivers said he doesn’t plan to break up the Clippers’ core, and that’s up to him.

For one more season.

Chris Paul and Blake Griffin can – very likely will – opt out of their contracts next summer, and J.J. Redick will also be a free agent. Will they stay?

Steve Kyler of Basketball Insiders:

Sources close to Griffin have been adamant that he is planning to re-sign in L.A. and that he’s not open to going anywhere.

Sources close to the situation say win or lose, Rivers is not open to trade talks on Griffin or Paul and that he’s not worried about either walking away in July.

There are two possibilities:

1. Griffin is truly intent on re-signing with the Clippers.

2. Griffin is not truly intent on re-signing with the Clippers.

The second could be true if Griffin wants to spend the upcoming season in Los Angeles before evaluating his options. If Griffin states anything less than a firm commitment to stay, Rivers might trade him.

But let’s take Griffin at his reported word. Even if he honestly plans right now to re-sign, a lot can change in a year. The pressure for the Clippers to advance at least to the conference finals is only mounting. If the Clippers fall short, the resulting fallout could affect Griffin’s thinking.

At minimum, this is bad news for the Thunder – who hoped to pair Griffin with Russell Westbrook – and good news for the Clippers. Griffin leaning one direction now means something, even if it’s not definitive.

The Collective Bargaining Agreement makes it prohibitive for Griffin to sign an extension with the Clippers. So, whatever he thinks today about re-signing, he’ll have to play out the season and evaluate July 1.

Report: Timberwolves signing Toure’ Murry and John Lucas III

CHICAGO, IL - MAY 08: John Lucas III #15 of the Chicago Bulls drives against Elton Brand #42 of the Philadelphia 76ers in Game Five of the Eastern Conference Quarterfinals during the 2012 NBA Playoffs at the United Center on May 8, 2012 in Chicago, Illinois. The Bulls defeated the 76ers 77-69. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Jonathan Daniel/Getty Images)
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Alert: Kick your Ricky Rubio trade theories into gear.

The Timberwolves, despite saying they’d keep Rubio for now, are acting like they might not. Minnesota is reportedly signing a couple point guards: Toure’ Murry and John Lucas III.

The Timberwolves already have 15 players – the regular-season roster limit – with guaranteed salaries, including three point guards: Rubio, Kris Dunn and Tyus Jones. Keeping Murry or Lucas would require a roster move.

It could be Kevin Garnett retiring, buying out Nikola Pekovic or some smaller trade. But unless that minor deal involves Jones – Dunn, the No. 5 pick in this year’s draft, isn’t going anywhere – Minnesota would still have enough point guards. Most teams carry three.

The Timberwolves obviously aren’t trading Rubio because they have Murry and Lucas. But Murry or Lucas would help if Minnesota trades Rubio.

Lucas had his best season with Tom Thibodeau’s Bulls, and he can create instant offense in Thibodeau’s grind-it-out scheme. Murry has the length to make an impact defensively.* Most importantly, both play extremely hard – an especially big deal to Thibodeau.

*Murry’s size also allows him to play the wing, which offers him another avenue for sticking. But his frame, special for a point guard, is merely ordinary at shooting guard or small forward.

The Timberwolves still might not be quite ready to trade Rubio. But if Minnesota does deal him to slide Dunn into the starting lineup, Murry or Lucas would provide a decent contingency with Jones in reserve.

Rockets GM Daryl Morey: James Harden ‘only a polarizing figure to people who don’t watch’

Daryl Morey, James Harden
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Do you struggle with evaluating James Harden?

I know I do.

Harden’s Rockets, projected by some to contend for a championship, struggled to a 41-41 record last season. A fair share of their downfall could be pinned on him.

His defensive disinterest is appalling, and it sets a tone. His leadership is questionable, which matters a great deal for someone so empowered. He relies on tricking referees to draw fouls, frequently hooking his defender to create contact.

But I still put him on my All-NBA team, because his offense was so darned effective.

Elite individual offensive contributions are incredibly valuable. Harden’s defensive shortcomings can be hidden in a better team scheme. His leadership issues would matter less in a better team culture. But you can’t simply create what Harden provides offensively.

Long story short, Harden can be tricky to assess no matter how deeply you dive into his plusses and minuses.

Unless you ask Rockets general manager Daryl Morey.

Morey, via Oliver Maroney of Basketball Insiders:

“He’s only a polarizing figure to people who don’t watch,” Morey told Basketball Insiders. “Players voted him MVP [in 2014-15] for a reason. He’s had a winning team every season of his career, with multiple Conference Finals appearances.”

Morey has long defended Harden. That’s what general managers do for the superstar they acquired in tenure-defining trades.

But Morey also put his money where his mouth is. The Rockets will pay Harden an extra $20 million over the next two seasons just to get him locked up one extra year – and that extra year will cost about a max salary.

For better or worse, the Rockets are all in with Harden.

I think that’s a good plan given the alternatives, but I’m also not so sold on Harden that I find it foolproof.