The Maloof brothers have a little more time to negotiate and think things through.
The NBA’s Board of Governors — the owners — has granted the Sacramento Kings an extension until April 18 to file for relocation next season, according to a tweet from CNBC’s Darren Rovell. That deadline is usually March 1. The board will meet again April 14-15, so if a move is approved it likely will be then.
The Kings are in talks with the Honda Center in Anaheim to move south next season and become the third team in the Southern California market.
The Maloof brothers — Joe and Gavin — have worked for years to get a new building in Sacramento that would house the Kings, but could not get a deal done. Combine that with the slumping economy, attendance being down because the team stunk and was boring, and you have the reasons the Kings have struggled financially.
Anaheim has an NBA-ready building in the Honda Center — it’s 18 years old but does have a lot of luxury boxes and the other high end seating that have become the real driver of team gate receipts and profit. What it also has is a massive Southern California television market (one where the Lakers just got a deal in the ballpark of $150 million a season).
All that does not ensure anything — the NHL’s Ducks play in that building and are 26th in that league in attendance, or 23rd in percentage of building filled.
The Honda Center is run by billionaire in Henry Samueli, the owner of said Ducks and co-founders of Broadcom. He is worth an estimated $1.7 billion. The Maloofs have said however they would not be selling the team to Samueli nor accepting a loan from him.
If the Kings were to move they would not have to pay territorial rights fees to the Lakers and Clippers (which likely would have killed such a move).
Monday night an organized rally of Kings fans filled the ARCO Arena to show the Maloof brothers how much support there still is for the Kings in Sacramento. Unquestionably there is — it has been a loyal and strong market. But high-end seating and local television revenues are the driving forces for NBA team finances, and that is where Sacramento has fallen short.
And we’ll know by April 18 if the Kings will screw over the Sacramento fans this summer.
A good rule of thumb: If LeBron James is getting few breakaway dunks, the other team is in trouble.
Enter the Toronto Raptors, who got to watch a dunking clinic by LeBron as he had multiple breakaways during the Cavaliers’ 38-point win on Wednesday night. LeBron played well, and the Cavaliers got a balanced attack from their stars — 25 points from Kevin Love, 23 each from LeBron and Kyrie Irving.
Watch LeBron’s night above. Toronto needs to find a way to keep him from having another game like this Friday.
After a beatdown at the hands of the Cleveland Cavaliers in Game 5 — a loss where he was just 5-of-12 shooting, a loss that has the Raptors on the brink of playoff elimination — Kyle Lowry did what he had to do and went in front of the media to answer questions and try to explain that loss.
But really, his face when he walked into the interview room and saw the box score summed up the Raptors night perfectly.
Lowry and the Raptors need to turn it around and win at home Friday night to keep their playoff dream alive another day.
The Memphis Grizzlies have found their man — Miami Heat assistant coach David Fizdale has been offered the head coaching job in Memphis. He’s a smart coach who earned the trust of elite players and was a key part of the staff that helped Miami to a couple of rings.
It’s a good hire. Don’t just take my word for it, check out what a couple Heat players from that era had to say.
Mario Chalmers had a first-hand view — he was traded from Miami to Memphis in the middle of last season. The point guard who went the other way in that deal, Beno Udrih, also helped push the deal along.
Fizdale is going to be a popular hire with the players. That said, if the Grizzlies can’t keep Mike Conley in free agency the team is going to have struggles this season, regardless of who coaches them.
Before Game 5, Cavaliers’ coach Tyronn Lue told Kevin Love just to stay aggressive. Channing Frye told him the same thing.
Love took that advice to heart. From the opening tip of Game 5, Love was attacking — backing down the overmatched Luis Scola and knocking down threes. Love had 12 points in the first quarter on his way to a game-high 25, helping spark an easy, 38-point Cavaliers win in Game 5.
Now, can Love do this on the road in Game 6?