team maloof with stern

Mayor Kevin Johnson releases arena funding report, will the Maloofs and NBA bite?

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The plight of Kings fans, who came within an inch of losing their only major professional sports team, may be coming to a crossroads today, when the Think Big Sacramento coalition led by mayor Kevin Johnson releases their arena funding proposal to the public. All they have to do is come up with a plan to raise $387 million that keeps everyone happy. No biggie.

Sacramento Bee columnist Marcos Breton got the scoop on it, and released his report in the early morning hours on Thursday:

What is the guiding principle of Sacramento’s new plan?

That’s right: A virtual split – this time in thirds – among the private interests of an arena, the public and the arena’s patrons….

What you will see in today’s arena presentation are plans for three different funding pots to generate the $387 million or more needed to get an arena built. According to people familiar with the document, the Kings, the NBA and a private developer would contribute $91 million to $156 million in lease payments, upfront money, land and other revenue to pay for an arena.

The city of Sacramento would contribute the sale of public land, a tax on hotels and taxis, and money from items such as digital advertising and parking valued at $94 million to $123 million.

And, while residents in the six-county Sacramento region will not be asked to raise their taxes to subsidize a new arena, patrons of the venue will help pay for it. The third pot of money will be fueled by ticket surcharges, naming rights and other revenue sources that could generate $90 million to $121 million.

Kings fans and those tracking how and why the NBA operates the way it does will want to watch how the parties react to this report. Much of the Think Big Sacramento campaign has been orchestrated to a presidential degree, leaving no doubt to the positions of the heavy hitters involved – including companies such as AEG, the ICON-David Taylor group, and of course, the NBA and the Maloofs.

The Maloofs appear to be impotent in this discussion, as some league insiders have openly acknowledged that their future in the NBA will be determined by their ability to get an arena deal done.

The bottom line with this report is that the Kings and the NBA have been asked to foot a third of the cost. Whether that amount will be amicable to them given the whirlwind of interests controlling the matter is entirely debatable. On one hand, NBA owners do not want to see the league telling them what to do, and on the other hand, the Lakers, Knicks, and Bulls of the league don’t want to hear that (allegedly) broke owners can move into their backyard.

And, separately, while arena subsidy opponents scream blood murder, the reality is that top-flight cities have no leverage. They can clamor for leagues and owners to pay their own bills, but the folks in Sacramento would have to do that with an Anaheim Royals press release wiping their tears.

As for the Maloofs being able to contribute rental payments and/or in general, they recently liquidated their majority interest in the Palms Casino down to 2 percent with the option to buy back another 18 percent, in a financial transaction that could easily pave the way for another (Ron Burkle) speculator to come in and take over their team if they get elbowed out. They continue to assert their leverage, albeit with more discretion than they have used in the past, but in reality, David Stern knows where the bodies are buried. And as SB Nation’s Tom Ziller points out, the NBA has been working diligently to get an arena deal done – so they’re not going to stand for grandstanding when diplomacy is needed.

My take – we’re looking at a firm but fair offer from the City of Sacramento. They’re strapped just like most American cities, and this is their first offer. If this dance plays out like every other negotiation we’ve been witness to in our lives, expect the Maloofs and/or the NBA to say that the city’s request is ‘over the top,’ and they’ll waltz to equilibrium.

76ers tie NBA worst with 0-18 start after loss to Grizzlies

Matt Barnes, Nik Stauskas, Jerami Grant
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MEMPHIS, Tenn. (AP) — Zach Randolph had 17 points and 11 rebounds to lead the Memphis Grizzlies to a 92-84 victory over Philadelphia on Sunday, sending the 76ers to their record-tying 18th straight loss to start the season.

The Sixers have lost an NBA-record 28 consecutive games dating to last season and at 0-18 matched the New Jersey Nets’ start in 2009-10.

Mike Conley led the Grizzlies with 20 points, while Matt Barnes and Jeff Green finished with 13 apiece as Memphis won for the seventh time in the last nine.

Isaiah Canaan led the Sixers with 16 points, while Robert Covington and Hollis Thompson scored 12 points apiece. Jerami Grant finished with 11 points.

The Sixers led 76-71 with 7:38 remaining and Memphis fans were booing their team. But the Grizzlies went on a 15-1 run to retake control of the game, with Randolph scoring eight points in the rally.

Byron Scott: Kobe Bryant “at peace” with decision to retire after season

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LOS ANGELES — Kobe Bryant was never going to go quietly into that good night. He would rage, rage against the dying of the light — and torn Achilles, knee ligaments, shoulders, and everything else holding him back.

But now, the end is near, and Kobe will face the final curtain at the end of this season. And he is at peace with it, if you ask his coach.

“It was so matter of fact, and he was so at peace with (the decision),” Lakers’ coach Byron Scott said of when Kobe told him this season would be it. “After I thought about it, I felt better about that. It wasn’t like he was agonizing over it or anything, it was like ‘I’m announcing I’m retiring’ and just kind of went on from there.”

Bryant told Scott before anyone else in the Lakers’ organization, and told him sometime Saturday (when the Lakers played and lost in Portland).

“I said, ‘what?’ He just told me at a very awkward time; we started laughing about it,” Scott said. “He said ‘you looked like you were saying ‘what they hell are you talking about’ but it just caught me off guard.”

It’s been an ugly season for Kobe, his body can no longer do what he expects of it — he can’t get the separation, the lift needed for his shoots. He was shooting 31.1 percent on the season going into Sunday’s game against Indiana, and he started 1-of-11 from the floor Sunday night. Yet he kept gunning.

“I gave up hoping he would change his approach 15, 18 years ago,” Lakers GM Mitch Kupchak said. “He is what he is. And I’m thankful for it.”

Kupchak added hoped this decision would ease the pressure on Bryant.

“I would hope that he has more fun, and appears less frustrated, and also gets more appreciation,” Kupchak said. “He’ll get it at home, but on the road too, because people will have to recognize this is his last year and they are watching one of the all-time greats.”

Kobe got plenty of appreciation from Lakers’ fans on Sunday night with a massive ovation when he was introduced. Kobe had wanted to avoid a Derek Jeter style farewell tour, but with that announcement and the Lakers playing 13-of-17 on the road in December you can bet there will be some of that.

“One of the best ever to play the game,” Pacers coach Frank Vogel said pregame. “I don’t know if there’s any one moment, just throughout the course of his career you didn’t want him to have the ball in his hands with the game on the line, period. Because you knew he was going to beat you.”

No doubt Kobe goes down as one of the game’s all-time greats — five-time NBA champion, MVP, two Finals MVP’s, 17 All-Star Games, and that’s just the tip of the iceberg — but what Scott ultimately wants is Bryant to leave the game on his terms.

“What I want from Kobe is basically his last game to be able to walk off the court, wave to the fans, and be able to go into the locker room standing up,” Scott said.


Here is Kobe Bryant’s letter given to every fan at Lakers’ game Sunday

Los Angeles Lakers v Portland Trail Blazers

LOS ANGELES — In a classy move — and one done in a very Kobe Bryant tone — every fan coming into Staples Center Sunday night to see the Lakers take on the Pacers received a letter from No. 24.

Inside a sealed black envelope, on quality, embossed paper, was this letter from Bryant (photo below):

When we first met I was just a kid.

Some of you took me in. Some of you didn’t.

But all of you helped e become the player and man in front of you today.

You gave me confidence to put my anger to good use.

Your doubt gave me determination to prove you wrong.

You witnessed my fears morph into strength.

Your rejection taught me courage.

Whether you view me as a hero or a villain, please know I poured every emotion, every bit of passion and my entire self into being a Laker.

What you’ve done for me is far greater than anything I’ve done for you.

I knew that each minute of each game I wore purple and gold.

I honor it as I play today and for the rest of this season.

My love for this city, this team and for each of you will never fade.

Thank you for this incredible journey.

It speaks to Kobe’s mindset over the years that he talked about the fuel from the rejection of Lakers’ fans motivating him. As a Los Angeles native (and former Laker blogger), let me tell you there was precious little rejection of Kobe from this fan base. There were questions and doubters early on, but even when Shaquille O’Neal was seen as the driving force of the team Kobe was beloved in Los Angeles. Something that continued through his trial in Colorado — Lakers fans have almost always had his back.

But Kobe finds fuel everywhere. Which is why he is a future Hall of Famer.


Jahlil Okafor tweets apology for recent off-court behavior

Jahlil Okafor

The off-court incidents have been piling up for Jahlil Okafor over the past month: first, an incident captured on video that showed Okafor getting into a fight with a heckler early Thanksgiving morning; then, a report that Okafor had a gun pulled on him in a previous incident; and finally, this morning’s report that the Sixers’ No. 3 overall pick in this June’s draft had been pulled over in recent weeks for driving 108 miles per hour in Philadelphia. Together, they aren’t a good look for the rookie.

On Sunday afternoon, Okafor apologized for his recent behavior in a series of tweets:

The recent incidents involving Okafor are surprising—going into the draft, he never had any red flags for maturity or off-the-court issues. He’s certainly saying the right things after the fact, and he’s only 19, so hopefully this is nothing more than a small rough patch where he’s made some bad decisions, and not an indicator of things to come.