Alex Meruelo

Report: Hawks sale in jeopardy due to new funding questions

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It seemed like a good story — Alex Meruelo was to become the first Hispanic to own an NBA team, and at the same time rescue a good franchise from the clutches of a dysfunctional and unimpressive ownership group. Meruelo was the guy on the white horse, talking big and he already had a press conference as the new owner.

But it turns out, he might not have the money to buy the team.

The sale of the Hawks is in jeopardy because of concerns about Meruelo’s funding, reports Marc Stein of ESPN. Meruelo was to buy 80 percent of the Hawks for a price tag of about $300 million.

Sources told ESPN.com on Wednesday that there are concerns at the league level and within the Hawks’ current ownership group, headed by Michael Gearon Jr. and Bruce Levenson, about whether Meruelo indeed has the sufficient funds to purchase a majority stake in the franchise and operate an NBA team.

Meruelo denied this.

Said Meruelo in a statement: “I have more than ample resources to purchase and operate the Hawks in a first-class manner. I am committed to the purchase of the Atlanta Hawks. While I can’t comment on the details of the approval process, I have and will do everything I can to bring the process to a positive conclusion.”

The Atlanta Spirit would retain ownership for now, which is a punch in the gut to Hawks fans.

Like seemingly everything, this circles back to the lockout.

Part of the reason we have hardline owners pushing the lockout beyond rational limits is because many of those same owners overpaid for those franchise and were heavily leveraged in doing so. When those franchises didn’t rise in value (as they had done the previous 15 plus years) those owners couldn’t justify losing money each year. So they came in and demanded major revenue sharing and givebacks from the players so they could turn a profit.

Bringing another leveraged owner into the mix now would be a poor idea.

It is possible that Meruelo will be able to show he does have the finances in place to purchase this team. The door is not closed. But right now it appears far from a sure thing. If he is out, the Atlanta Spirit (a consortium of owners) would be looking for a new buyer. And it can’t happen fast enough for Hawks fans.

Steven Adams and Andre Roberson passionately sing Backstreet Boys (video)

GREENBURGH, NY - AUGUST 06:  Grant Jerrett #47, Andre Roberson #21, and Steven Adams #12, of the Oklahoma City Thunder pose for a portrait during the 2013 NBA rookie photo shoot at the MSG Training Center on August 6, 2013 in Greenburgh, New York.  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 Nick Laham/Getty Images)
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Steven Adams and Andre Roberson are just like the rest of us.

The Thunder players sit around and belt out the Backstreet Boys’ “I want it that way.”

John Salley: If I smoked marijuana during career, I’d probably still be playing.

LOS ANGELES, CA - JUNE 01:  Former NBA player John Salley attends the TipTalk App Launch Party at  a private residence on June 1, 2016 in Los Angeles, California.  (Photo by Charley Gallay/Getty Images for TipTalk)
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John Salley has said becoming a vegan sooner would’ve enhanced his NBA career.

Now, the former Piston has another idea for improving player health.

Salley, via TMZ:

I am a proponent and I believe in the advocacy of medical marijuana. We see football players in Alabama getting busted. We see – we need to get it out. We need to move it and realize that is something that can help the human body.

It helps athletes. I didn’t start smoking until my last two months before I was a pro. And I believe if I would’ve smoked while I was playing, I probably still would be playing.

Marijuana is already legal in Colorado (where the Nuggets play), Oregon (where the Trail Blazers play), Washington and Alaska. Medical marijuana is legal in numerous other states. The nation is definitely trending toward legalization.

If that continues, why shouldn’t NBA players be permitted to use the drug? It can be an effective method for treating pain – which is quite common in a profession that requires such intensive physical labor.

The 52-year-old Salley is obviously exaggerating about still played today if he smoked weed, but maybe his career would’ve lasted longer. Shouldn’t players determine for themselves what legal methods they can follow to manage injuries?

Perhaps, they’re already taking Salley’s advice.

Former NBA player Paul Shirley: ‘Of course’ John Wall and Bradley Beal dislike each other.

ATLANTA, GA - MARCH 21:  John Wall #2 and Bradley Beal #3 of the Washington Wizards react in the final seconds of their 117-102 win over the Atlanta Hawks at Philips Arena on March 21, 2016 in Atlanta, Georgia.  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 Kevin C. Cox/Getty Images)
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John Wall and Bradley Beal admitted they clash on the court.

That caused controversy as the outside world expressed dismay at the Wizards guards’ attitudes.

Paul Shirley – who played for the Hawks, Bulls and Suns from 2003-05 – shrugged.

Paul Shirley on NBA.com:

What I learned, when I got to the NBA, was that my dreams of fraternity were naïve ones. I sat in locker rooms where players barely spoke to one another. I endured team plane rides where one guy stared daggers at the next because of a contract dispute.

Consequently, I barely batted an eye at the recent “revelation” that Bradley Beal and John Wall don’t much like one another.

Of course they don’t like each other, I thought. That’s just the way it is.

This is a secret of the NBA: Not all teammates get along. Some are friends, but many are just coworkers – and consider your relationship with your coworkers. Frequent travel for work and the closed-off nature of locker rooms can push players toward forging bonds – but those conditions can also magnify any rifts.

In theory, Wall (a slashing passer) and Beal (an outside shooter) should complement each other well. But it’d be hard to find a team where each of the top two scorers doesn’t believe he should get more shots.

The successful teams manage that tension productively. They can convince each player to accept a role, sacrifice and contain his displeasures.

Maybe the Wizards can get there.

But that – not a fantasy friendship between Wall and Beal – should be the goal.

Report: Lance Stephenson to work out for Pelicans

NEW ORLEANS, LA - OCTOBER 30:  Anthony Davis #23 of the New Orleans Pelicans looks to pass the ball around Lance Stephenson #1 of the Indiana Pacers at the New Orleans Arena on October 30, 2013 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 Chris Graythen/Getty Images)
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Two years ago, Lance Stephenson was 23 years old and nearly an All-Star.

Now, he’s stuck trying out for a team without an open regular-season roster spot.

Brett Dawson of The Advocate:

The Pelicans have 15 players – the regular-season roster limit – with guaranteed salaries plus Chris Copeland, Robert Sacre and Shawn Dawson on unguaranteed deals.

In other words, Stephenson is trying out just to enter a competition for a roster vacancy that doesn’t even exist.

New Orleans has taken major steps to add perimeter help this summer, drafting Buddy Hield and signing E’Twaun Moore, Langston Galloway and Solomon Hill. If he somehow makes the team, Stephenson likely wouldn’t make the rotation, even with Tyreke Evans injured.

Still, Stephenson is just 25, and he showed major talent with the Pacers just two years ago. He made positive contributions to the Grizzlies last season, too.

But a disastrous stint with the Hornets and an underwhelming run with the Clippers weigh down his résumé.

Stephenson probably did enough in Memphis to prove he still has NBA-caliber ability. More than anything, he’ll have to convince the Pelicans – and other potential suitors – he has the right attitude to work in the league.