David Stern says they plan to make a profit, but Rovell notes that right now the value of franchises is not rising and the lockout would make that worse.
Rovell notes that other leagues that have bought teams have lost money on the transaction. (Except for Major League Baseball, which bought the Montreal Expos with the express intent of auctioning them off to an owner who would move them. However the NBA says the goal is to keep the Hornets in New Orleans.) Right now there are no potential owners from New Orleans, or George Shinn would have sold to them.
If the Hornets have to be sold out of town, Stern has a problem on his hands.
The last point is the public relations disaster that this could create. If George Shinn and Gary Chouest couldn’t make it in New Orleans, fine. They’d say that and leave. Now it’s the NBA’s business to put this team in the best position it can and if they leave New Orleans it will be the league’s fault, not Shinn or Chouest’s fault, that they left.
Stern may go with the Seattle playbook here. Push for the state to help with arena and make financial concessions to keep the team and ask for the moon, When that doesn’t come through — it shouldn’t, Louisiana has more important things to spend money on — he can say there was not enough cooperation and there was no choice but to sell out of town.
But Seattle remains a PR disaster for the league, and now pulling out of New Orleans would be worse. So Stern is stuck trying to find someone to buy the team and keep them in one of the smallest and most economically depressed markets in the league. Good luck.
Cristiano Felicio steals final rebound needed for Dwyane Wade’s triple-double (VIDEO)
Backup point guard Briante Weber has signed a 10-day contract with the Charlotte Hornets. This comes after Weber signed two 10-day contracts with the Golden State Warriors earlier in the season. News of the signing was first reported by Yahoo! Sports.
Weber, 24, played his college games at VCU and in his work this season for Golden State was somewhat disappointing. In seven games, Weber put up 1.7 points, 0.7 assists, 0.6 rebounds, and 0.4 steals per-game. His advanced numbers tell a more complete story, where his box plus/minus was -6.1.
Warriors free agent Briante Weber has agreed to a 10-day contract with the Charlotte Hornets, league sources tell @TheVertical.
Charlotte will look to use Weber in a backup role to Kemba Walker. Ramon Sessions had been playing rotation player minutes for the Hornets until early February when he suffered a left knee injury that could keep him out up to six weeks.
Stephen Curry wasn’t just setting up teammates Saturday night, he was helping out a fan.
One of the Warriors in-game entertainment bits is to have basically adult skeeball for cash. One female fan was doing about as well as I do at arcade skeeball when Stephen Curry ran out to give her a little help and win her $5,000.
The Warriors went on to beat the Nets and clinch a playoff slot with the win.
Paul George ejected for arguing calls, Pacers go on to lose to Heat
Paul George already had one technical in the game (from a double technical situation), when he thought he was fouled and should have gotten a call fairly early in the third quarter of a tight Pacers game against the Heat.
George apparently wouldn’t let up barking at the referees, maybe said some magical words, but whatever happened the officials hit him with a second technical. He was tossed. You can see the reaction above.
The Pacers hung close in the game until the Heat went on a 21-4 run to open the fourth and that was the ballgame. If you’re the undisputed leader of your team — as George is — you just can’t get tossed for things like this.