The Bucks borrowed $55 million from the NBA… last year

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The Milwaukee Bucks are a pretty good example of the market struggles facing smaller-market owners in the NBA. It’s not like owner Herb Kohl hasn’t hired good people. John Hammond and Scott Skiles are both very good at their respective positions. And it’s not like Kohl hasn’t spent money on players. From Michael Redd to John Salmons to Drew Gooden to Andrew Bogut, the Bucks have kept the purse strings loose to try and build a winner. But the market simply hasn’t been great without the ability to convince fans they can compete for a championship (with good reason). And as a result, the Bucks have lost quite a bit of money. And it would appear the Bucks have tapped the league for quite a bit of help to cover themselves for the red line present and future.

From the Milwaukee Journal-Sentinel:

U.S. Sen. Herb Kohl, owner of the Milwaukee Bucks, borrowed at least $55 million last year from the NBA’s credit facility, according to his Senate financial disclosure form.

Disclosure rules in the Senate do not require senators to disclose the exact amount of their investments, assets and liabilities. But the records indicate that Kohl borrowed at least $55 million in three separate loans in behalf of the Bucks.

The records also indicate that Kohl used some of the proceeds for investments by two of his trusts. That is allowable under NBA rules for those borrowing from the $2 billion credit facility.

via Kohl borrowed from NBA – JSOnline.

The Journal notes that taking the loan doesn’t necessarily mean that the team lost money. But considering Kohl has openly said the Bucks have lost money and their status in Forbes’ franchise-value list, it’s a pretty good bet. That’s quite a bit of cash for one franchise, and with Kohl deciding not to run for re-election in 2012, you have to wonder if eventually Kohl won’t be the one writing checks, or applying for loans on behalf of the Bucks.

It’s probable that Kohl would look to sell the team to a local ownership group to keep the team in Milwaukee, but considering that kind of red ink on the books, it might be difficult. Meanwhile, expect ownership to use this kind of information to squeeze the players, using it as evidence of their enormous losses over the past several years while the players continue to respond in saying that revenue sharing and other venues will solve the problem and no one really having a conversation about it.

It’s hard to pinpoint anything Kohl’s done to put himself in this situation. The Bucks have made their fair share of poor moves, player-wise, management-wise, coaching-wise over the past few years, but they’ve been respectable. Everyone points to the Knicks’ failures to win a title as evidence the system doesn’t favor big market teams, but a look at the larger markets’ black ink compared to cases like this shows there’s enough there to support the idea of the system being broken.

Only question is how long it will take to fix it.

(HT: IamaGM.com)

Anthony Davis on Kevin Garnett saying he regrets not leaving Timberwolves sooner: ‘It makes you think’

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Kevin Garnett spent his first 12 seasons with the Timberwolves, only once advancing past the first round. Yet, he remained loyal to Minnesota. Finally, he helped facilitate a trade to the Celtics by signing a contract extension contingent on the deal. His first year in Boston, he won a championship while playing with Paul Pierce, Ray Allen and Rajon Rondo.

Jay King of MassLive:

Keep in mind, this is only Pierce’s description of Garnett’s words. Even if completely accurately relayed, it’s easier for Garnett to say this in hindsight – and while he’s mad at the Timberwolves.

But no matter the context, this resonated with Anthony Davis, who missed the playoffs in four of his first five years with the Pelicans and has never won a postseason game.

Davis, in an interview with Rachel Nichols of ESPN:

When you hear that, it makes you think. Not gonna lie. It makes you think, because you’re wondering if you’re following in that same path. But then again, you’re like, oh, this year could be the year. You don’t know. So, you’ve just got to take it year-by-year and just see, see where the team is going, what direction they want to go to and just see where their head is.

For years, Davis insisted his loyalty to the Pelicans was unwavering. Now, he keeps dropping hints he could move on.

That doesn’t mean he will. I still believe winning in New Orleans is his priority.

But what if the Pelicans don’t win? If they re-sign DeMarcus Cousins, they’ll be deeply committed to a roster that isn’t even a playoff lock. If they don’t re-sign Cousins, they’ll have no mechanism to add a comparable replacement. It’s the same damned-if-you-do, damned-if-you-don’t choice that led to Jrue Holiday‘s massive contract last summer.

At some point, Davis – who can become an unrestricted free agent in 2020 – might have to choose between major winning and New Orleans. And he might leave.

He’s so good already, but even he must imagine how he’d perform on a team with even more weapons around him. He in particular can use the support.

Maybe the Pelicans can upgrade his supporting cast. He seems to be applying pressure on them to do so.

But if not, we’ll at least have seen his departure coming.

Kings aim to bring NBA All-Star game to Sacramento

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The Sacramento Kings are looking to bring the NBA All-Star game to California’s capital city for the first time ever.

Kings owner Vivek Ranadive, Mayor Darrell Steinberg and local tourism officials are set to detail plans for the bid for the game in either 2022 or `23 later Thursday and officially submit an application to the league on Friday.

Getting the All-Star game would cap a remarkable comeback for Sacramento, which nearly lost its franchise to Seattle in 2013 before Ranadive bought the team and put together a deal to build a state-of-the-art downtown arena.

“I think it would be a recognition of the fact that the city went all-in on the Kings,” Ranadive said. “It would be the ultimate recognition that the city pulled it off. There’s a love affair between the Kings and the city and the NBA. It would be an exclamation point on that love affair.”

Winning the bid won’t be easy. The Golden State Warriors are seeking the game for their new arena in downtown San Francisco that is set to open for the 2019-20 season. Milwaukee is also bidding to play the game in its new arena set to open next season and other cities also will get involved.

Commissioner Adam Silver said at the All-Star game last weekend in Los Angeles that he generally supports a bid from Sacramento with one major caveat.

“Sacramento and the surrounding communities provide a tremendous opportunity for an All-Star. Wine country, great golf, great scenery, all kinds of wonderful things that I think people would love to visit around an All-Star. But at the end of the day, we have to have a sufficient number of hotel rooms,” he said.

Ranadive said new projects will ensure that there will be enough hotel rooms to meet the NBA’s requirement of about 6,000 rooms in the area. But the bid will offer even more options with up to 1,000 rooms through a partnership with Airbnb, as well as two or three 300-room small luxury cruise ships in the Port of Sacramento.

Silver said he would be open to that possibility, pointing out that USA Basketball players and guests have used cruise ships in the past for accommodations at the Olympics, including the 2016 games in Rio de Janeiro.

“Not only will we meet the requirement but we’ll also give them a choice,” Ranadive said. “Do they want to be on a beautiful river? Do they want to be in a beautiful home? Or do they want to be in a hotel room? All of that will be accessible in less than 30 minutes.”

The events surrounding the game will be anchored by the Golden 1 Center, with an indoor-outdoor Global Pavilion near the capitol to host concerts and food events that show off the region.

The bid promises to be able to transport fans from transportation hubs to accommodations and venues in 30 minutes or less by the use of self-driving vehicles and dedicated traffic lanes.

It also will show off arena that Ranadive believes raised the bar on technology and environmentalism for sports venues. There are “smart turnstiles” that allow fans to enter at more than triple the usual speed and the NBA’s first 4K ultra HD video board that stretches 84 feet long.

The arena is the first professional sports venue powered completely by solar energy, saves about 1 million gallons of water a year compared to a typical venue of its size, was built with recycled material from the mall that stood at the site before construction began and gets 90 percent of its food and beverages from within 150 miles.

“I think when we built the arena we had a goal that it would be the best arena that had ever been built,” Ranadive said. “It would be an iconic structure to look at. It would give the fans an experience like no other. To be able to share that with the entire basketball loving world is obviously a huge privilege and would be a treat for us to do that.”

More AP NBA: apnews.com/tag/NBAbasketball

Dirk Nowitzki on Mavericks sexual harassment allegations: “It’s very disappointing. It’s heartbreaking.”

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Dirk Nowitzki is the face of the Dallas Mavericks franchise, the best player in Dallas history, the future Hall of Famer who led them to a title.

Nowitzki was not named in the bombshell story detailing sexual harassment in the Mavericks’ workplace, nor were any of the players, coaching staff, or basketball operations people. It was all on the business side of the house. That doesn’t mean Nowitzki wasn’t going to be asked about it, as was done by Baxter Holmes of ESPN.

“It’s tough,” Nowitzki said after the team practiced at USC in advance of a Friday game against the Lakers. “It’s very disappointing. It’s heartbreaking. I’m glad it’s all coming out. I was disgusted when I read the article, obviously, as everybody was. I was shocked about some of the stuff.”

“So really, really disappointed that our franchise, that my franchise, that stuff like that was going on,” Nowitzki said. “It’s very sad and disappointing. But I think [Dallas Mavericks owner Mark Cuban] is trying to step up and lead this franchise to the right direction, and that is hiring investigators, finding out all the little details that we have to know as a franchise what really was going on. I think Mark is going to step up here …

“As a franchise, obviously, we feel bad for the victims and for what happened to some of these ladies. Like I said, it’s truly, truly disgusting. Our thoughts and prayers are definitely with some of these victims.”

That’s exactly what Nowitzki (and the other players) should say. We are all disgusted having read what was going on, and clearly since the misconduct started with a former CEO it sets a tone for the organization that this is acceptable. It is not.

There would be no reason that Nowitzki and other players would have or should have had any idea what was going on over on the business side of the Mavericks organization. Mark Cuban on the other hand… there are still questions to answer, even if he is saying and doing the right things now.

LeBron James on 1-16 playoff seeding: ‘Let’s not get too crazy’

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The NBA’s first newly formatted All-Star game went well (especially for LeBron James). It’ll probably go even better next year when the All-Star draft is televised.

Adam Silver also discussed breaking from another tradition – playoffs divided by conference. The NBA commissioner said 1-16 seeding has gotten “serious attention” from the league office.

LeBron, via Chris Fedor of Cleveland.com:

“I would disagree with that,” James said Wednesday afternoon following the Cleveland Cavaliers’ first practice since the break. “I think our league has been built the right way as far as when it comes to the postseason.”

“It’s cool to mess around with the All-Star Game, we proved you can do that, but let’s not get too crazy about the playoffs. You have Eastern Conference and you have Western Conference. You have Eastern Conference champions, you have guys from the Eastern Conference that win the big dance and sometimes you have it from the West as well.”

LeBron has won seven straight Eastern Conference titles, usually traversing an easier road to the NBA Finals than the Western Conference champion. With the West projecting to remain better for the foreseeable future, does this hint LeBron plans to stay East and wants to keep his advantage? Remaining with the Cavaliers seems slightly more likely now, though maybe LeBron will leave for the 76ers or some other Eastern Conference team. I doubt he knows yet, but I also think he cares about his conference-title streak for legacy reasons – to the point it could affect his free agency. So, this could be preemptive lobbying.

In the past, LeBron has had Silver’s ear. But Silver specifically said in Los Angeles he wasn’t concerned with the tradition issues LeBron raises.

I’m not either.

The NBA has always split the postseason by East and West, but teams have been too fluid between the conferences to feel beholden to the current setup. Current Eastern Conference teams Atlanta Hawks, Chicago Bulls, Detroit Pistons, Indiana Pacers, Miami Heat, Milwaukee Bucks and Orlando Magic have all been in the Western Conference while in their current locations. And vice versa with the Houston Rockets and San Antonio Spurs. (The New Orleans Hornets were in the Eastern Conference before they became the Pelicans and surrendered their history to Charlotte, and the Pelicans are now in the West.)

To Silver, the obstacle is travel. Concern is frequently raised about the possible effects of cross-coast playoff series.

I’m more concerned about the regular season.

Right now, teams play 52 intra-conference and 30 inter-conference. To most logically implement 1-16 seeding, the NBA would have to balance the regular-season schedule. That not only means more travel, it means more awkward start times due to time-zone difference. East Coast fans don’t want to stay up until 10 p.m. to watch their favorite team tip off during Western Conference road trips. West Coast fans don’t want to rush home from work or school to see their favorite team tip off at 4 p.m. during Eastern Conference road trips.

And then there’s the biggest and maybe only real issue: It’s virtually impossible to see enough Eastern Conference owners, who benefit from the current format, voting to change it.