We’d like to congratulate billionaire Joshua Harris and his partners on the successful purchase of the Philadelphia 76ers basketball team which actually doesn’t play basketball at the moment. From the Philadelphia Inquirer:
The NBA Board of Governors has approved Comcast-Spectacors sale of the 76ers to a group of investors led by New York billionaire Joshua Harris, an NBA source confirmed.
The sale is expected to officially close early next week; the new ownership group is expected to hold a news conference, possibly as early as Tuesday.
Terms of the sale were agreed upon in July: $280 million for 100 percent of the franchise. Completion of the sale has been pending league approval for more than two months while the league is mired in a labor dispute with the NBA Players Association.
via NBA approves sales of 76ers to Harris and partners | Philadelphia Inquirer | 10/16/2011.
Now with the sale officially approved and set to go through, the Sixers’ new owners can get to work on owning a basketball team that doesn’t play basketball, working with management who don’t have players, and getting their plan for the future together since they don’t have a present.
It’s a good thing for Sixers fans that they have new ownership around their theoretical basketball team, because if we ever get the actual league back, the Sixers are in for some big decisions regarding Andre Iguodala, Evan Turner, and Thaddeus Young. Change is good and with Ed Stefanski already looking for a new gig, it seems big changes are planned for the franchise under new leadership.
The Sixers do not kick off their season at the beginning of next month.
In his first game in New Orleans, coach Alvin Gentry threw forward Omri Casspi right into the rotation, and he scored a dozen points.
Casspi also broke his thumb and will be out 4-6 weeks.
Because there is so little time in the season and the Pelicans want to make the playoffs, they have decided to waive Casspi, reports Sams Charania of The Vertical at Yahoo Sports.
The idea is to create a roster spot to either grab someone waived by another team over the next few days or to get players on 10-day contracts.
Casspi will be a free agent this summer, and there are a number of teams that think he has real potential once unleashed outside what was going on in Sacramento.
ATLANTA (AP) — The Atlanta Hawks have signed forward Ryan Kelly and guard Lamar Patterson to multiyear contracts.
Patterson provides depth across the perimeter, including at point guard. He previously signed two 10-day contracts with the team, most recently on Feb. 8. He has averaged 2.3 points in four games.
The 6-foot-11 Kelly has played in nine games with the Hawks after signing Oct. 31.
The Hawks now have their maximum 15 players. They traded forward Mike Scott to the Suns on Thursday, leaving two vacant roster spots.
Kelly and Patterson are expected to be available when the Hawks play Miami on Friday night.
OAKLAND, Calif. (AP) — Golden State Warriors center JaVale McGee fired back at Shaquille O’Neal via Twitter after the former star-turned analyst posted on his verified account a disparaging photo of McGee with the words, “America meet Javale “BUM” McGee.”
O’Neal also responded angrily to McGee , saying he would “smack” McGee’s “bum a–.”
Warriors coach Steve Kerr and Kevin Durant backed McGee on Friday, with Durant calling Shaq “childish” while calling out the retired center’s free throw shooting and other flaws in his game during a Hall of Fame NBA career.
Shaq and McGee went back and forth in a heated Twitter spat late Thursday night, when McGee returned to a reserve role for the NBA-best Warriors as starting center Zaza Pachulia returned from an eight-game absence because of a shoulder injury.
For a couple of seasons now, teams have tried to beat the Golden State Warriors by making the game ugly — slow, grinding, physical, and the opposite of the free-wheeling game they like. Only one team has had any real success with that strategy, and it has LeBron James on it (and even that wouldn’t have been enough if Draymond Green could keep his hands to himself).
So why not beat them at their own game?
That’s what Rockets’ GM Daryl Morey thought when he added Lou Williams to the roster, he said.
There is a sense around the Warriors that the Rockets may be a bigger concern than the Spurs, because Houston can score with them. Don’t confuse that with worry in the Bay Area, they are the best team in the West if healthy, but the Rockets may be the team they face off against in the conference finals.
And if that happens, Lou Williams is going to play a significant role.