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.
Joel Embiid frustrated, wants more post touches, to play back-to-backs
He wants to be unleashed on the NBA, and he feels he’s being held back.
Part of that is not playing in back-to-backs — Embiid started Friday night against Boston but will sit out by plan Saturday night against the Raptors in Toronto. Embiid knows the plan to help protect a body that has played only 31 games in three seasons before this one and was not cleared for most of training camp, but that doesn’t mean he likes it, as he told Jessica Camerato of NBC Sports Philadelphia.
“I just want to feel like an NBA player,” Embiid said. “I feel like I’m not an NBA player because I can’t play back-to-back.”
I get his frustration, but can you blame the Sixers for treating the guy like he’s made of glass at this point? Hopefully, later in the season, he can be cleared to play on both ends.
His second frustration came from the loss to the Cavaliers on Friday — he wants more post touches. In the video above he is clear, “I didn’t get the ball enough in the post.”
He’s right here. Embiid had three post-ups all game, one in each of the game’s first three quarters (stat via Synergy Sports). Embiid is efficient in the post — he has shot 9-of-12 on those plays overall this season and the Sixers score 1.33 points per possession when he does. Especially against a team going small — the Cavaliers start Kevin Love at center — Embiid should be fed down low.
Instead, look at his shot chart from Friday night.
Part of this is on him with all the threes, but they have to utilize him better. It’s part of the Sixers growing pains that will come this season.
Nets’ national anthem singer kneels to finish performance
NEW YORK (AP)— The national anthem singer at the Brooklyn Nets’ home opener took a knee at the end of her performance.
Justine Skye was nearing the completion of the song Friday night when she went to one knee for the finish. There were some cheers, but appeared to be more boos from the crowd at Barclays Center to see the Nets play the Orlando Magic.
NBA players have continued to stand during the playing of the anthems, as required by league rule.
Mavericks’ rookie guard Dennis Smith Jr. misses game with knee swelling
This was more of what fans expected from Lonzo Ball.
After a rough first game against the Clippers — with Patrick Beverleyin his face all night — Ball found plenty of room to operate against the soft defense of the Phoenix Suns. With room to operate Ball had 29 points, 11 rebounds, and nine assists — just one assist short of a triple-double. He helped the Lakers pull away to a lead in the third then hold on for a 132-130 win over the Suns.
Ball wasn’t terribly efficient, 12-of-27 shooting, but he was 4-of-9 from three, he played with great pace, he was decisive, and was finding guys with his passes. It was a step forward, even if it was against a sad defense (Eric Bledsoe can be a good defender, but he has seemed disinterested in recent years).
Ball and the Lakers are going to be up and down this season, the goal is for there to be more ups near the end of the season.