The Kings stood by Power Balance when the company filed bankruptcy. Because the Kings can’t turn their back on anybody who might give them money right now.
But it looks like the Kings will not be seeing any more money from Power Balance and the company name may come off the Sacramento arena where the Kings play, reports CSNBayArea.com.
The Sacramento Bee is reporting that Power Balance LLC, which filed for bankruptcy protection last month, will likely be sold as a result and court papers say the potential buyer isn’t interested in maintaining the marketing deal with the Kings…
It is possible that Hanyang LLC, the company reported as the frontrunner to buy Power Balance, could retain the contract with the Kings, or another company could outbid Hanyang and keep the current naming deal with the Kings intact.
Power Balance makes wristbands for athletes that are supposed to provide more balance and strength, but there are very serious questions about the validity of the company’s claims.
The Kings will not be in this arena long, one way or another. The city of Sacramento has until March to come up with a viable plan for a new arena and a way to finance it or the Maloof Brothers, who own the Kings, will pretty much be given free rein to move the team to Anaheim. The Maloofs wanted to do that last year but the other owners blocked the move to give Sacramento one more chance to get a new building (something that was smart business due to the lockout).
Once again, Kobe Bryant‘s career arc is being compared to Michael Jordan’s.
There’s a lot of reason’s that’s flawed — starting with Kobe being drafted on to a Lakers team that had Shaquille O’Neal and was already considered NBA elite, as opposed to Jordan working to build a franchise up. That said, Kobe has invited the Jordan comparison at times and it has been a constant through is career. Fair or not.
Kobe is coming back this fall after seasons of injury to the NBA and those comparisons continue — now to the Wizards’ version of Jordan. And Kobe is not at all fond of that, as he told Sam Amick of the USA Today.
“This is uncharted territory,” he said. “My 37 (years old) isn’t MJ’s 37 (when he returned after taking two seasons off to play for the Washington Wizards), you know what I mean? Nor is it the same team or the same system that he was playing in. It’s much, much different. There’s really no barometer, no (precedent) for training physically, for recovery. It’s uncharted territory.”
Kobe is right. Jordan had four+ seasons off by the time he was 37 and was not coming off multiple major surgeries.
Kobe is entering his 20th NBA season and what any real basketball fan should wish for him is health. Let him play one full season (with limited minutes and nights off), let him get to the final game of this season next April and make his own decision on his future. Let him leave the game on his own terms.
That said, if Kobe can average Jordan’s numbers at that age — 22.9 points, 5.7 rebounds and 5.2 assists per game — it will be a major accomplishment, and the Lakers will have a better record than many of us expect.
And Kobe may want to play a 21st season as well.
MILAN (AP) — The Boston Celtics eased to a 124-91 victory over Olimpia Milano at the Mediolanum Forum on Tuesday, comfortably winning the first of a double-header in Europe as part of the NBA Global Games.
Isaiah Thomas led the way for the Celtics with 18 points, including nine in his first seven minutes after coming off the bench midway through the first quarter.
Jared Sullinger added 14 points, as did Avery Bradley, who also had four three-pointers, while David Lee weighed in with 13 as well as seven rebounds and three assists.
Alessandro Gentile – who is reportedly wanted by the Houston Rockets, who hold NBA rights to the 22-year-old – top scored for Milano, with 19 points.
Next up for the Celtics is Real Madrid in Spain on Thursday.