Report: Talks underway to sell Atlanta Hawks

3 Comments

It looks like the Atlanta Spirit — a consortium of owners for the Atlanta Hawks and NHL’s Thrashers — are getting out of the sports ownership business.

The Spirit is in talks to sell the Hawks and Phillips Arena to John Moores, the former San Diego Padres owner, according to the Atlanta Journal Constitution. These talks parallel the Spirit’s effort to sell the Thrashers to an ownership group out of Winnepeg.

Two people familiar with the situation, both of whom asked not to be identified because of the ongoing talks, told The Atlanta Journal-Constitution that the Spirit and outgoing San Diego Padres owner John Moores are in an exclusive negotiating period regarding the Hawks and the Philips Arena operating rights. Both people said a deal is not close and that it’s far from assured one will get done.

The exclusive negotiating period means the owners agreed not to pursue the sale of the Hawks to any other prospective purchaser for a prescribed period of time. It is not known when Moores’ exclusivity expires.

That sound you just heard was cheers going up from Hawks fans, who see the Spirit group as an impediment to success. This was a consortium of owners with different agendas (some just to cut costs) and that left general managers and others trying to sell and marshal support among various owners for the direction they wanted to go.

This will not end in the team being moved. San Diego does not have anywhere near an NBA-ready arena. The San Diego Arena where the Clippers played was outdated when they moved in the mid-80s. Also, Atlanta is the eighth-largest television market in the nation, San Diego is 28. The league is not looking to shrink right now.

Moores was generally seen as a good owner, according to Hardball Talk’s Craig Calcaterra. He stayed out of the baseball side of operations and largely out of the spotlight. He spent when the Padres had a chance to be good. He got San Diego’s beautiful new PETCO Park built downtown. He’d still own the team if a messy divorce had not forced him to sell. (What is it with messy divorces and MLB owners in Southern California? Taking cues from the governor?)

Forbes estimates the worth of the Hawks to be $295 million, that is without Phillips Arena, which is part of this negotiation. The Spirit recently refinanced $123 million of debt on the arena (and the team is no longer collateral on that debt). The team is estimated to have lost $7.3 million last season.

Bottom line, this may be a long ways off but it is reason to hope. Moores would be an upgrade to the current ownership group. This would be good for the Hawks.

Warriors hope to get Shaun Livingston, Matt Barnes back for second round

Leave a comment

OAKLAND, Calif. (AP) — The Golden State Warriors hope to get injured reserves Shaun Livingston and Matt Barnes back from injuries for the second round of the playoffs after getting more than a week off between series.

The Warriors said Saturday that Barnes has been upgraded to probable for Tuesday night’s Game 1 and Livingston remains questionable but is hopeful he will be ready to return. Star forward Kevin Durant is expected to be a full go after missing two games and being limited to 20 minutes in Game 4 last round because of a strained left calf.

Barnes has been sidelined since April 8, while Livingston sprained a finger on his right hand in Game 1 of the first-round against Portland.

Golden State begins the second round at home on Tuesday night against the winner of Sunday’s Game 7 between the Los Angeles Clippers and Utah Jazz. The Warriors have been off since sweeping the Trail Blazers last Monday, giving them more than a week between games.

“I’m trying to make sure I rest it as much as I possibly can, because when I do come back I plan on staying all the way back,” Livingston said Saturday. “Hopefully it will be ready for Tuesday.”

After taking Tuesday and Thursday off following their first-round sweep, the Warriors practiced for a second straight day Saturday. They plan to practice again on Sunday and then again Monday once they know their second-round opponent.

There is no update on the status of coach Steve Kerr, who missed the final two games of the first round because of complications from two back surgeries. Kerr talks daily with interim coach Mike Brown and took part in coaching meetings Friday but was not at practice on Saturday.

PBT Extra: Rockets vs. Spurs far more than Kawhi Leonard vs. James Harden

Leave a comment

Kawhi Leonard vs. James Harden. Two MVP candidates matching up in the second round of the NBA playoffs.

However, the San Antonio Spurs vs. Houston Rockets is much more than that.

It’s a battle of pace. It’s a chess match between two of the best coaches in the game. It’s about which team’s role players are going to step up.

I talk about all of that in this latest PBT Extra. Plus, of course, when Leonard will guard Harden.

How to start your Saturday night: Watching 15 minutes of best plays from NBA season

Leave a comment

There are no NBA playoff games Saturday night, the first night since the start of the postseason there hasn’t been one game. Don’t worry, there are two games on Sunday, including Game 7 between the Jazz and Clippers.

But if you need a Saturday night fix, this will have to do: 15 minutes of the best plays from last season, as compiled by NBA.com.

Go ahead, watch it. You’ve got nothing better to do.

 

Paul Millsap says the expected, he will “most likely” opt out of contract

Getty Images
Leave a comment

This is ranked right next to “overeating can lead to weight gain” on the list of surprising things, but we will dutifully report it anyway:

Paul Millsap is going to opt out and officially become a free agent this summer.

Atlanta’s owner as well as Mike Budenholzer, the coach and head of basketball operations, have both said they plan to do whatever it takes to re-sign Millsap with the Hawks. Millsap didn’t sound like someone eager to leave after the Hawks were eliminated from the playoffs Friday.

“It’s been great. I’m looking to expand this and see where the franchise can go. These last four years has been great. I couldn’t ask for anything more.”

Even with both sides singing Kumbaya, keeping Millsap in Atlanta likely means a five-year contract at or near the max, which for a 32-year-old player means the Hawks would regret the last year or two of that deal.

Not that the Hawks have much of a choice here, they have to come in big and keep him. For one, they can’t afford to lose Al Horford and then Millsap for nothing in back-to-back years. If they were going down the rebuilding road, they needed to trade Millsap at the deadline (or last summer) to make sure they got something in return. Atlanta explored trade options at the deadline, but then pulled back (rumored to be because of an edict from ownership, which didn’t want to see the team blown up after the Kyle Korver trade).

By not making that trade the Hawks signaled their intention to remain a good team — a 43-win team this season that got them the five seed — with Dennis Schroder and Dwight Howard, one that draws well at an arena that historically has not been that full, and see if they can add on. They strike me as a team that will win between 42-50 games a year and be middle of the pack in the East for the next few years, unless they can find a way to add an elite player (which is incredibly difficult).

But if the Hawks can’t re-sign Millsap, then the plan gets blown up. So expect them to come in with a big offer come July 1.