First came the report the Hawks were very close to being sold again. Then the expected denial. Again.
Now comes a second report from a trusted place — David Aldridge of NBA.com — that the sale is indeed close.
The sale is close to being completed, though it won’t be finalized in time for an approval vote by the Board of Governors at its meeting Tuesday in Dallas. There is a single, and up to now, anonymous buyer, according to a source. The amount? I’m told it’s in the neighborhood of $300 million, including debt on the team. The team’s current ownership group, Atlanta Spirit, is expected to remain on in a minority ownership capacity, according to the source, who’s been briefed on the terms of the pending transfer.
Another group led by the founders of the Outback Steakhouse chain in Florida also put in a bid on the team, according to a source, though it’s unclear how much they put up or if they were ever seriously considered …
Expect this to go down at some point soon.
Interesting side note here — when the Atlanta Hawks offer Joe Johnson a max deal last summer (six years and he is making more than LeBron) it seemed unwise, but there were rumors it got approval from some of the Atlanta Spirit investors because they were not going to be around to deal with bad end of that deal. Seems like they may have been thinking about this sale for a while.
Through the first couple games of the season, Giannis Antetokounmpo has put up impressive numbers — he dropped 34 points, 8 rebounds, and 8 assists on the Cavaliers Friday night.
But the Cavaliers still have LeBron James.
He had 24 points and 8 assists, leading Cleveland to the win.
LeBron also reminded the Greek Freak just how good a rim protector he is. Few people can slow Antetokounmpo on the drive, but LeBron is one of them.
Is it too early to root for a Cavs vs. Bucks playoff series?
In their season opener Wednesday, Atlanta second-year man DeAndre’ Bembry came off the bench and played 17:45, scored six points and was +13 on the night. It was a good start to his career.
But now he is going to miss some time with a fractured wrist.
Bembry underwent an MRI, which revealed a fracture in his right wrist, the Hawks announced Friday. He will return to Atlanta with the team (the Hawks lost to the Hornets Friday night) and will meet with team doctors at the Emory Orthopaedics & Spine Center on Monday. His status will be updated after that.
“We just may play some other guys more, we may use some of the young guys,” Hawks coach Mike Budenholzer told the AP before Friday night’s game. “We’ll just figure it out tonight and as we move forward. I don’t think there’s anything guaranteed for anybody, it’s unfortunate for DeAndre’ and for us.”
It’s not likely Gordon Hayward returns this season. His agent said as much, although a return in March is not out of the question. (It’s better PR wise for the Celtics to say he is out for the season, then if he returns early great, it’s better than setting a deadline he doesn’t meet.)
With that, the Celtics are going to apply for the Disabled Player Exception, which could help them land a replacement player, Danny Ainge told Gary Washburn of the Boston Globe.
President of basketball operations Danny Ainge told the Globe on Friday the club is applying for the Disabled Player Exception, which would provide the Celtics $8.4 million to pursue a player to fill Hayward’s roster spot.
“We’re in the process of doing that,’’ Ainge said. “We have a while to do that. There’s no urgency, but we will apply for that.”
There are limits to what that money can get the Celtics. The money is the same as the mid-level exception, the Celtics can go over the cap to use it, and the player can be obtained via free agency or trade. However, the player must be in the last year of his contract.
It gives the Celtics options. It also does not mean Hayward cannot return, it only means NBA-approved doctors determined he is not likely to return before a mid-June deadline.
The NBA now has a third female assistant coach.
The first was Becky Hammon, who has been part of Gregg Popovich’s Spurs staff for several years (and has coached their Summer League team). The second was Nancy Leiberman, who has been on the staff in Sacramento for a couple of seasons now.
Now the Kings have hired former Seattle Storm coach Jenny Boucek as an assistant coach on Dave Joerger’s staff. She will work as an assistant player development coach.
A former WNBA player in the league’s inaugural season, the past three years she has coached the WNBA’s Seattle Storm (she was fired midway through the last season), and prior to that had been the head coach of the Sacramento Monarchs from 2007-09.