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Report: Talks underway to sell Atlanta Hawks

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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 The San Diego Arena where the Clippers played was outdated when they moved in the mid-80s.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.

NBA’s 2017 London game to feature Pacers and Nuggets

INDIANAPOLIS, IN - FEBRUARY 10:  Paul George #24 of the Indiana Pacers shoots the ball during the game against the Denver Nuggets at Bankers Life Fieldhouse on February 10, 2014 in Indianapolis, Indiana.  NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this Photograph, user is consenting to the terms and condition of the Getty Images License Agreement.  (Photo by Andy Lyons/Getty Images)
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The NBA has held regular-season games in London the last four years.

The league isn’t exiting England now.

Pacers release:

Indiana Pacers will travel to London, England to face the Denver Nuggets for a regular season game to be played at The O2 on January 12, 2017.

 

The game will be designated as a home game for the Nuggets.

This could be a solid matchup.

The Pacers had a highly touted offseason, trading for Jeff Teague and Thaddeus Young. Both players should fit better with the up-tempo style Larry Bird wants to play. And, of course, Paul George will be the best player on the floor.

The Nuggets had a quieter summer, but they nailed the draft with Jamal Murray, Juancho Hernangomez, Malik Beasley and Petr Cornelie. Add that to a young core that already includes Nikola JokicEmmanuel Mudiay, Gary Harris and Jusuf Nurkic, and Denver is cooking. Veterans Danilo Gallinari,Kenneth Faried, Wilson Chandler and Will Barton allow the possibility of a quick rise. With Michael Malone coaching, it seems like only a matter of time.

Both teams should be intriguing in January — gaining chemistry and still in the playoff hunt.

 

Report: Celtics to pay second-round pick Demetrius Jackson more than 10 first-rounders next year

PHILADELPHIA, PA - MARCH 25:  Demetrius Jackson #11 of the Notre Dame Fighting Irish celebrates after defeating the Wisconsin Badgers with a score of 56 to 61 during the 2016 NCAA Men's Basketball Tournament East Regional at Wells Fargo Center on March 25, 2016 in Philadelphia, Pennsylvania.  (Photo by Streeter Lecka/Getty Images)
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The Celtics became the first team to pay a second-round pick more the season immediately following the draft than some first-rounders received. Last year, No. 37 pick Jordan Mickey had a higher salary than four 2015 first-rounders.

Now, Boston is pushing the envelope even further.

No. 45 pick Demetrius Jackson will make more than the last 10 (!) 2016 first-rounders can earn in the NBA next season.*

*At least two players picked in that range, No. 23 pick Ante Zizic and No. 26 pick Furkan Korkmaz, will play overseas next season. Their salaries with their foreign teams might be higher than they could’ve gotten in the NBA.

Jackson’s salary will be $1,450,000, according to Yahoo Sports. No. 21 pick DeAndre’ Bembry will get $1,499,760 from the Hawks next year, and following first-rounders will fall in line behind him.

The issue is the antiquated rookie scale, which was set well before new national TV contracts pushed the salary cap north of $94 million. With all this new money flooding the system, everyone can grab a share — except first-round picks, who are tied to the scale.

That leaves even more money for second-rounders, and Jackson is the second to cash in in this major way. No. 31 pick Deyonta Davis will get $1,275,917  next season — more than the last six first-rounders. But the Grizzlies also guaranteed Davis’ first three years.

Jackson’s contract becomes much more team-friendly after this season. His salary the following three years is slated to be lower than this year’s: $1,319,500, $1,384,750 and $1,319,500. Yahoo’s wording is ambiguous, but it appears none of those seasons have any guaranteed compensation.

So, the Celtics are getting something in exchange for paying Jackson more now — flexibility in later years. The bargain works for them, because with the salary cap suddenly so high, they had little other use for that 2016-17 money. They essentially bought a better deal later by spending more when they were overrun with cap room.

And Jackson gets a bigger payday as he enters the pros. If he plays well, he’s stuck with a lower salary — though, for the next couple years, it’s still higher than a few first-rounders. If he doesn’t play well, he can be waived at no more cost. This is the opposite of betting on yourself, but that’s totally fine. Jackson will earn a lot of money this year in exchange. He got something significant with his bargaining power.

Projected by some to be a first-round pick, Jackson fell to the middle of the second round. Predictably, that probably turned out better for him.

Watch the best plays of the 2016 Orlando Summer League

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Summer League is long in the rear view mirror — particularly the Orlando Summer League from the beginning of the month.

But with no NBA basketball on the horizon for three months (although we do have the Olympics, here on NBC), why not look back at the top plays from Orlando? So here you go.

Heat fans, Briante Weber is at the top of the board.

Former NBA player Von Wafer takes to Twitter to beg for one more NBA chance

Houston Rockets v Los Angeles Lakers, Game 7
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Von Wafer was the quintessential gunner without a conscious during his six NBA seasons. He never saw a shot he didn’t like.His propensity to shoot rather than make the right basketball play is why he bounced around the league for six seasons. Well, that and his locker room fights and throwing of chairs and the like.

Wafer looks back on that and winces.

And he went to Twitter to beg for another chance, despite not having been in the league since 2012. The message came after a tweet showing part of his last workout.

Wafer is now 31 and last set foot on an NBA court in 2012, having played in China, Russia, Puerto Rico, and the D-League since them. We’ll politely call his comeback attempt a longshot.

But a guy who can shoot the rock asking for one more chance? We know there will be worse and stranger camp invites.

(Hat tip Ball Don’t Lie).