Anaheim mayor says city excited, “closer” to landing Kings

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As expected, the Anaheim City Council postponed action Tuesday night on a plan to float bonds that would make upgrades to the Honda Center — redoing the locker rooms and building a practice facility among other things — to lure the Sacramento Kings to town.

But for the first time an Anaheim city official spoke publically about the effort — Mayor Tom Talt addressed the issue at the council meeting, reports the Orange County Register.

“The good news is that we are continuing to move closer to bringing a professional basketball team to Anaheim,” Tait said. “Because there are ongoing discussions and negotiations, I have just a few details to share tonight. More information will be forthcoming in the next week or so.”

Meanwhile, up in Sacramento, that city’s mayor — former NBA player Kevin Johnson — called the process a “slow death” and said this “will likely be the Kings’ final weeks in Sacramento after 26 years” in a personal blog post.

Talt did talk about one detail, confirming that the plan was to keep public money out of the deal.

“First, I can tell you that a financing structure is being proposed that would allow for private investment to fund improvements at Honda Center,” Tait said.

“We have all seen the speculation in the media, but I want to assure everyone that should a deal go forward, the city taxpayers and the city’s general fund will not be put at risk in any way,” he added. “All of my colleagues on the City Council and city staff share my concern that the taxpayers cannot be exposed to any risk with this potential new deal.”

What this likely means is revenue bonds — where private investors purchase the bonds and are paid back, with interest, on money generated from the building. In this case, the extra money generated when the Kings — likely to change their name to the Royals — move into the Honda Center.

Because the city of Anaheim ultimately owns the Honda Center, it will likely have to guarantee the loans in some fashion — investors are big on guarantees, they want their money back — but that can be set up in a way that there are multiple layers of sources of funds in between the revenue falling short and the city having to pay.

The revenue may not fall short of paying off the bonds. However, selling a notoriously fickle market (the NHL’s Ducks are in the bottom 10 in the league in attendance and percentage of building filled) after a protracted and ugly NBA lockout this summer may end up being more of a challenge than the Kings owners and the city expect.

Report: Timberwolves active in trying to land Paul George or Jimmy Butler

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Minnesota is one of the NBA’s best positioned up-and-coming teams. They have a franchise cornerstone in Karl-Anthony Towns, a quality No. 2 in Andrew Wiggins, maybe like Zach LaVine can blossom into an All-Star, and players such as Gorgui Dieng and Nemanja Bjelica could be part of the picture. Maybe Ricky Rubio, too, although he’s further along his career arc. A lot of people look at this team and think around 2020, when the Warriors fade (or break apart), the Timberwolves can step up to elite.

Tom Thibodeau is apparently not willing to be that patient — he’s looking to get in the Paul George/Jimmy Butler talks, reports Adrian Wojnarowski of the Vertical at Yahoo Sports.

Thibodeau helped develop Butler in Chicago and they have a great relationship, he certainly makes the Timberwolves better next season. Same with George, although he’s a rental who almost certainly bolts after the coming season

My question to the Timberwolves: Why?

What was wrong with the building trajectory they are on? I get it, they haven’t been to the playoffs since 2004, a ton of money was just sunk into upgrades at the Target Center, and the owner is not getting younger. Those are all non-basketball reasons to screw up what the basketball side is doing right. It’s the mistake of poor franchises to let that happen.

Could the Timberwolves use a point guard of the future, more depth on the wings and better defenders all around? You bet. But they don’t need to rush the development program either. If Minnesota can land Butler only giving up Rubio and a protected future first or something, sure, but the Bulls continue to ask a very high price for a deal.

Outside of personal feelings, why would the Timberwolves do that?

Report: LaMarcus Aldridge unhappy playing for Spurs

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The Spurs trading LaMarcus Aldridge – they’re reportedly shopping him – could open enough cap space to sign Chris Paul.

But that isn’t the only reason San Antonio is trying to move Aldridge.

Sam Amick of USA Today:

According to a person with knowledge of the Spurs forward’s situation, it’s the 31-year-old’s unhappiness in San Antonio that is the driving force behind the Spurs’ trade talks on Thursday. The five-time All-Star, according to the person, is hopeful that San Antonio can find a better fit for his talents.

Rumors about the Spurs trading Aldridge emerged early in the season, as he was reportedly unhappy about Kawhi Leonard getting the spotlight. When Aldridge signed with San Antonio, it seemed Leonard could do the heavy lifting as the team’s best player and Aldridge could get outsized credit as the leading scorer. But Leonard has emerged as the go-to offensive player, pushing Aldridge into a supporting role both in reality and reputation. Gregg Popovich calling out Aldridge publicly during the playoffs surely didn’t improve relations.

Aldridge turns 32 this summer and will likely become a free agent after next season. Wanting to leave the Spurs – held up as the NBA’s best culture – will raise additional red flags.

San Antonio might not get as much as it hopes in a trade for Aldridge. If Chris Paul is coming, the Spurs wouldn’t need as much for Aldridge. But they won’t know about Paul until July.

San Antonio also values building a roster of players who’ve, as Popovich puts it, “gotten over themselves.” If that’s not Aldridge, the Spurs might not want to keep him around.

There are numerous factors to weigh and incomplete information, but this is the twisting road San Antonio is navigating.

Here’s Knicks’ reported asking price from Celtics in Kristaps Porzingis trade

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Knicks president Phil Jackson’s asking price for Kristaps Porzingis is reportedly “massive.”

Just what does that mean?

Frank Isola of the New York Daily News:

According to a Knicks source, Jackson is asking for the third overall pick in Thursday’s draft as well as next year’s Brooklyn pick along with Jaylen Brown and Jae Crowder. This version of the deal would not include Boston taking on Joakim Noah‘s contract.

All the Knicks fans who threatened to relinquish their fandom if the team traded Porzingis – most would love this deal.

Would the Celtics? I doubt it.

The question is whether there’s a middle ground between what New York wants and what Boston would do. It’s possible Jackson won’t budge and is just shopping Porzingis on the off chance someone accepts outlandish requests like these and to teach Porzingis a lesson for skipping his exit meeting.

Report: First-round draft prospect says Phil Jackson fell asleep during his workout

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Like I said, there are better reasons to criticize Phil Jackson than him saying his priority was the Knicks and that he had discussed trading Kristaps Porzingis.

Jay Williams of ESPN:

A top-15 draft pick told me the other day, because we were involved in this out of this conversation about Phil Jackson and the Knicks, and he said, “Phil Jackson was falling in and out of sleep in my workout.”

Yes. “Falling in and out of sleep at my workout.” This is what this guy told me.

Especially given Jackson’s salary and reputation for not being a diligent worker, this story is too good to check out.