Report: Deal reached in sale Philadelphia 76ers

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UPDATE JULY 13, 6:23 pm: Over at CSNPhilly.com, Dei Lynam has confirmed that a deal has been reached. She also talks about the next steps in the process.

 Now the deal must be approved by the league’s board of governors. The NBA needs to approve the sale and they will be thorough in their investigation. It is difficult to say exactly how long that will take but according to Adam Silver, the NBA’s deputy commissioner, the process can be lengthy.

“It’s difficult to say how long the process would take before we see what the actual deal is but the process usually takes about two months,” he explained in an e-mail. “But it could be longer depending on how many background checks need to be conducted, the type of financing the buyers are using, etc. Approval does not have to be done in person but a group of owners would need to interview the buyers at some point before the board votes.”

July 12, 4:40 pm: We’ve been telling you it was coming for a while, not it looks like sale of the Philadelphia 76ers will come to pass in the next couple days.

So reports Ken Berger of CBS Sports (a report since confirmed by other sources).

Comcast-Spectacor has a deal in place to sell the Philadelphia 76ers to an investor group led by Joshua Harris of Apollo Global Management, LLC, CBSSports.com has learned….

David Blitzer of The Blackstone Group will join Harris as lead partner, according to sources familiar with the deal. Former player agent and Sacramento Kings executive Jason Levien also is part of the proposed ownership group, sources said. Apollo, which describes itself on its web site as specializing in “contrarian” investments and “distressed” assets, and Blackstone are not involved in the transaction.

While the price tag is not known for sure, Bloomberg suggested recently it would be about $280 million. Ed Snider has owned the Sixers, NHL’s Flyers (his real passion) and the Wells Fargo Center where they both play. This sale is for the Sixers only, not the building or any part of the Flyers.

Sixers fans should welcome the sale — Snider was a hockey guy who happened to own the NBA team. The new ownership group should bring a different level of passion to the table.

Doc Rivers on DeMarcus Cousins: “I’m 55. It’s tough for me to call a grown man ‘Boogie'”

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The Kings trade with the Pelicans has made DeMarcus Cousins the NBA’s mostdiscussed player lately.

But Clippers president/coach Doc Rivers isn’t sure he can address Cousins by his nickname.

J.A. Adande of ESPN:

Cool story, Glenn.

Deron Williams clears waivers, intends to sign with Cavs

CHARLOTTE, NC - DECEMBER 01:  Deron Williams #8 of the Dallas Mavericks brings the ball down the floor against the Charlotte Hornets during their game at Spectrum Center on December 1, 2016 in Charlotte, North Carolina. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement.  (Photo by Streeter Lecka/Getty Images)
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CLEVELAND (AP) — Free agent guard Deron Williams has cleared waivers and told the Cleveland Cavaliers he intends to sign with them.

Williams, a five-time All-Star, was waived earlier this week by Dallas. He will give the defending NBA champions a playmaker they’ve needed all season and one LeBron James demanded.

Williams cannot sign with the Cavs until Monday. Cleveland hosts the Milwaukee Bucks that night. The Cavs will be the fourth team for Williams, who is averaging 13.1 points this season.

Cleveland coach Tyronn Lue can bring him off the bench and also play him with Cleveland’s starters to give James and Kyrie Irving rest before the playoffs.

Kyle Lowry plays through injury in All-Star game, out for Raptors now

NEW ORLEANS, LA - FEBRUARY 19:  Kevin Durant #35 of the Golden State Warriors and Kyle Lowry #7 of the Toronto Raptors in action during the 2017 NBA All-Star Game at Smoothie King Center on February 19, 2017 in New Orleans, Louisiana. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and/or using this photograph, user is consenting to the terms and conditions of the Getty Images License Agreement.  (Photo by Jonathan Bachman/Getty Images)
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Kyle Lowry participated in the 3-point contest. He played nearly 18 minutes in the All-Star game.

But when the Raptors played the Celtics in their first game after the break, Lowry never saw the court.

He was sidelined with a right wrist injury suffered in Toronto’s final game before the break.

Arden Zwelling of Sportsnet:

He can’t pinpoint exactly when it happened and didn’t even feel it during the game, but when Lowry woke up the next morning he knew something was up.

“Honestly, I thought I’d slept on it wrong — I thought it would go away,” Lowry said. “It was a little sore, but I paid no attention to it.”

Unconcerned at the time, Lowry didn’t tell anyone but his wife about the wrist pain, and took off for New Orleans where he participated in both the NBA’s three-point contest and all-star game this past weekend. He received some treatment in between his all-star appearances and iced his wrist on and off, but he still saw little cause for alarm.

“I thought over the break it would rest up and heal up,” Lowry said. “But it constantly stayed bothering me.”

“That’s a blow — that’s a huge blow for us,” Raptors head coach Dwane Casey said Friday evening after announcing the injury. “I don’t know how long he’s going to be out. But, no, it’s not a one-day thing.”

This is bad — bad for the Raptors and bad for Lowry’s reputation.

Lowry might have wanted to show his toughness by not running to the doctor for every bump or bruise. But this will also raise questions about whether he prioritized the shine of All-Star Weekend over the grind of Toronto’s season. Lowry is not a trained medical professional, so it’s understandable he misdiagnosed his injury. But he makes his living using his body, and his employer provides trained medical professionals to handle these types of things. Lowry’s bet that his wrist would heal over the break clearly backfired.

And now the Raptors pay the price. They traded for Serge Ibaka and P.J. Tucker to make a push, but that’ll be much tougher without the the team’s best player. Toronto beat Boston without Lowry, but the Raptors are still fourth in the Eastern Conference. Passing the Wizards for third is paramount to avoiding a second-round matchup with the Cavaliers and getting a clearer path back to the conference finals.

Every game matters now for Toronto, and wherever blame falls, Casey nailed the outcome: Lowry’s injury is a huge blow.

Brandon Ingram posterizes Taj Gibson on alley-oop (video)

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The Lakers wouldn’t trade Brandon Ingram for DeMarcus Cousins, because they believe in Ingram (or because they couldn’t get on the same page about a deal, but let’s go with a belief in Ingram).

The Thunder traded for Taj Gibson because he provided, among other things, stellar rim protection.

One of those worked better than the other on this play.