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.

DeMarre Carroll shoves Isaiah Thomas to ground on break, tempers flare

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Atlanta’s DeMarre Carroll picked up a deserved flagrant for this foul.

With a couple of minutes left to go in the second quarter, Isaiah Thomas made the steal when DeMar DeRozan lost the ball on a drive, and Thomas was off to the races. Trying to prevent a lay-up, Carroll decided to foul Thomas far from the basket, but did so with a forearm shove that sent Thomas sprawling on the ground.

Thomas got up and had words, as did Jae Crowder.

Carroll got a flagrant and a technical, Thomas and Crowder each picked up technicals for jumping in.

Seth Curry puts up career high 31 against Timberwolves (VIDEO)

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When Stephen Curry wore a headband through the All-Star Game last weekend, West coach Steve Kerr jokingly called him “Seth” all night.

Dallas’ Seth Curry came out of the week-long break playing like an All-Star. He dropped 31 on the Minnesota Timberwolves Friday night, a career high for him. He hit 13-of-17 from the field, including three from beyond the arc, but did a lot of his damage in the midrange.

It wasn’t enough, the Timberwolves got a comfortable 97-84 win behind 27 points from Andrew Wiggins and 26 from Karl-Anthony Towns. Nerlens Noel was not yet with his new team in time to play for the Mavs in this game.

Spurs kick off rust from layoff to beat Clippers 105-97 in Chris Paul’s return

San Antonio Spurs forward Kawhi Leonard dunks during the first half of the team's NBA basketball game against the Los Angeles Clippers, Friday, Feb. 24, 2017, in Los Angeles. (AP Photo/Mark J. Terrill)
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LOS ANGELES (AP) — Kawhi Leonard scored 21 points despite foul trouble and the San Antonio Spurs shook off the rust from a nine-day layoff to beat the Los Angeles Clippers 105-97 on Friday night for their third straight win.

Pau Gasol added 17 points and 11 rebounds off the bench in his return from a 15-game absence because of a fractured finger. LaMarcus Aldridge had 15 points and 11 rebounds, and Dewayne Dedmon grabbed 12 rebounds.

Blake Griffin scored 29 points for the Clippers, who have dropped consecutive games to the league’s two winningest teams since the All-Star break ended. They lost by 10 points at Golden State a night earlier. The Spurs have the league’s second-best record at 44-13.

Chris Paul added 17 points in his return after missing five weeks with a torn ligament in his left thumb.

Wade, Butler lead Bulls over Suns 128-121 in overtime

Chicago Bulls' Dwyane Wade (3) drives on Phoenix Suns' Alan Williams (15) during the second half of an NBA basketball game Friday, Feb. 24, 2017, in Chicago. The Bulls won in overtime 128-121. (AP Photo/Charles Rex Arbogast)
Associated Press
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CHICAGO (AP) — Dwyane Wade scored 23 points, Jimmy Butler added 22 and the Chicago Bulls rallied to beat the Phoenix Suns 128-121 in overtime Friday night.

Devin Booker scored 27 points for Phoenix, but missed a chance to win it in regulation after Wade fouled him on a 3-pointer with 1.5 seconds left. Booker hit the first two free throws to tie it, then missed the third.

Wade and Butler led the Bulls as they rallied from 11 down in the fourth quarter to beat the Western Conference’s last-place team. Both players scored 14 points after the third quarter to help the Bulls win their third straight.

Nikola Mirotic scored 20 points and hit four 3-pointers. Robin Lopez added 19 points. Denzel Valentine, who figures to get more playing time after Doug McDermott was traded to Oklahoma City along with Taj Gibson on Thursday, had 15 points. The rookie hit 5 of 8 3-pointers.

Eric Bledsoe added 17 points and 10 assists for Phoenix. The Suns lost for the sixth time in eight games.

The Bulls scored 20 points in overtime and were leading 116-110 after a seven-point spurt that Mirotic started with a 3.

Wade put back Butler’s airball and hit two free throws to make it 122-115. And he had the crowd roaring in the closing minute when he drove for a dunk on Alex Lin and gave the raise-the-roof gesture.

The Suns appeared to be in good shape leading 102-91 with 4:32 remaining in regulation after Booker nailed a 3 to finish a 14-2 run, but the Bulls came storming back.

A dunk by Wade and 3 by Mirotic with 1:53 left cut it to 104-103 and drew a huge roar from the crowd.

Butler hit a 3 to tie it at 106-all with 48 seconds remaining, and after a driving Bledsoe lost the ball out of bounds, he nailed a baseline jumper to give Chicago a two-point lead with 9.1 seconds left.

TIP-INS

Suns: The Suns waived F Mike Scott and C/F Jared Sullinger on Friday, a day after acquiring them in trades. … The Suns also signed G Ronnie Price for the rest of the season.

Bulls: Rajon Rondo will remain in the backup point guard role, coach Fred Hoiberg said. … G Cameron Payne (flu), acquired from Oklahoma City, was unavailable.