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.
The Hawks began last season with just two point guards, one fewer than most teams – especially notable because neither starter Dennis Schroder nor backup Malcolm Delaney was experienced for his role.
Schroder and Delaney return, but Atlanta is adding another option – Quinn Cook.
Shams Charania of Yahoo Sports:
Cook is a borderline NBA player. He might not make the regular-season roster. He also might supplant Delaney for a rotation spot.
A 24-year-old who has spent most of the last two years in the D-League (also getting stints with the Mavericks and Pelicans), Cook is a good outside shooter. He’s also steady, if unspectacular, in his lead-guard duties.
This is a solid flier at a position the Hawks could use depth.
The Knicks signing Nigel Hayes leaked first.
But New York didn’t stop there.
The New York Knickerbockers announced today that the team has signed forwards Jamel Artis and Nigel Hayes and guard Xavier Rathan-Mayes.
Like Hayes, Artis (Pittsburgh) and Rathan-Mayes (Florida State) went undrafted this year – making them eligible to be waived and assigned to the Knicks’ minor-league affiliate. That’s likely all three’s fate.
But first, each will have an opportunity to make the regular-season roster. The Knicks have just 14 players with guaranteed salaries, leaving one roster spot for someone on a standard contract. Chasson Randle (unguaranteed) is the incumbent choice, but these three could supplant him.
Last year, O.J. Mayo was banned from the NBA for at least two years due to a drug violation. Aside from stating a plan to come back, Mayo didn’t say much publicly.
Ben Golliver of Sports Illustrated:
He acknowledged smoking marijuana and abusing a prescription pain medication that triggered his two-year ban because it is on the NBA’s “drugs of abuse” list. (He emphatically denied testing positive for hard drugs like cocaine.)
Mayo also concluded that he had been “overwhelmed” by a string of difficult life events: his father, high school basketball star Kenny Ziegler, was sentenced to more than 10 years in prison for distributing crack cocaine, his brother was placed in juvenile lock-up, a close friend went to jail, and another was killed. “I was bred to play basketball and I thought I could balance everything,” he said. “I couldn’t.”
That’s part of an interesting feature on Mayo, who’s training for his come back. Golliver’s story makes it easy to pull for Mayo.
But the guard will be 30 when he’s eligible to apply for reinstatement, and he played lousily in his last three seasons with the Bucks.
Hopefully, Mayo has and keeps his personal life in order. But returning to the NBA will be an uphill battle.
What chemistry problem?
There are legitimate questions about how Chris Paul and James Harden will share the backcourt and ball with the Rockets, but none of those were on display on Sunday. That’s when CP3 joined his new teammate in Harden’s charity game (raising money for Harden’s charity, which helps children from single-family homes get a higher education), a kind of pro-am with some names thrown in to draw a crowd.
Harden and CP3 put on a show for the fans.
This is a charity event, not every team is going to defend like this or the Phoenix Suns. It’s going to be harder when the games matter.
But the Rockets are going to be entertaining to watch this season. No doubt.