It comes down to this: owner George Shinn is out of money he will spend to run the New Orleans Hornets and he can’t find a buyer.
The league is going to step in and step in soon — both ESPN and Sports Illustrated are reporting the league could take over operations of the team in the next 48 hours. ESPN’s Marc Stein added it will be by Wednesday at the latest. We told you earlier today the league has found its man to run the team, so everything seems to be in place.
The move by the league was necessitated by the collapse of talks between Shinn and minority owner Gary Chouest to buy the team. Back in October at a Board of Governor’s meeting the idea of the league taking over the franchise was first discussed with the other owners.
This move by the league raises as many questions as it answers.
Certainly the league will try to find owners to keep the team in New Orleans, that will get a lot of lip service from David Stern and everyone involved. But what if the highest bidder comes in and wants to move the team? Attendance is reaching a point where the Hornets could break their lease with the state-run New Orleans Arena. And New Orleans is one of the smallest of the current NBA markets.
Could this be a Seattle situation all over again, where an owner gives lip service to keeping a team in town then moves it out as fast as possible?
Secondly, what about Chris Paul? This summer he pushed the Hornets to either get better or trade him. They have gotten a little better just due to health and some inexpensive but smart moves. But will they be able to bring in the big moves that will keep Paul, who can be a free agent in 2012? Will the league — meaning the other owners — approve big moves like trading Peja Stojakovic and taking on more salary there to improve the team?
The only thing we know for sure is the league is stepping in and stepping in fast.
Joel Embiid on Monday will have an MRI on his injured left knee and is now listed as out indefinitely.
Embiid has been experiencing swelling and soreness in the left knee injury that has caused him to miss 16 out of the last 17 games. Bryan Colangelo announced back on Feb. 11 that Embiid has a minor meniscal tear. In his most recent press conference last Friday, Colangelo had targeted this Friday’s home game against the Knicks as a possibility for Embiid’s return. Now, that isn’t the case.
Embiid had been the biggest ray of hope for Philadelphia, but the 76ers shouldn’t chase watchability down the stretch. Sit Embiid until he’s fully healthy and secure the best draft position possible.
Maybe Embiid’s body just can’t handle the rigors of NBA basketball, but Philadelphia has no choice but to hope for the best with him and Simmons. And hope the nail the their first-round pick this year and get the Lakers’ first-rounder.
This could still be a dangerously good team in coming years. The Process created that potential.
But the threat of injury always looms around the corner, maybe especially so for Embiid.
Report: Knicks’ Joakim Noah likely to miss rest of season after knee surgery
Prepare for the talk next fall about Noah feeling refreshed and ready to help the Knicks.
But this surgery won’t reverse the underlying problem: Noah is a 31-year-old big man with heavy mileage. He can manage his knees, but it’s probably too late for him to regain enough athleticism to reliably contribute.
Just three years and $55 million+ remaining on his contract, which already looked like the NBA’s worst deal and is now even more unfavorable.
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