Sacramento City Council has votes for arena if reachable criteria is met

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The Sacramento Kings and their fans will hold their breath on Tuesday night, as the Sacramento City Council holds the first of at least two critical votes that will determine whether or not the team leaves town.

Let me be the first to tell you that tonight’s vote will pass.  Sources close to the situation report that the council is all but certain to have the votes necessary to move the process forward.

Specifically, the vote will allow the council to finalize proposals with ten competing private parking operators that will provide upwards of $200 million toward the cost of the estimated $387 million Entertainment and Sports Complex.

This will setup a vote on February 28 that will decide the Kings’ future.  It is at this time that the council, in cooperation with mayor Kevin Johnson’s Think Big Sacramento coalition, will vote to approve a term sheet that will signal to the NBA that Sacramento can indeed fund an arena.

I’m also told by sources with knowledge of the situation that as long as a laundry list of criteria is met, the council will have at least the four votes necessary (not counting Johnson’s tie-breaking vote) to approve the term sheet.

This laundry list includes guarantees that the city’s general fund will be replenished by the approximate $9 million annual revenue stream currently provided by city-owned parking operations, a plan for some or all of the city’s employees to be transferred into the new parking company’s operation, a mechanism to cap rate hikes for parking in the future, an option for an agreement shorter than 50 years, and a mechanism to provide kickbacks to the city if parking revenues exceed certain benchmarks.

It is believed that within that framework, the city can meet or exceed their $200 million target.

The last major item on the laundry list is who will be responsible for cost overruns if the $387 million project goes over its budget.  I’m told the city will approach the developer, David Taylor, to potentially provide that guarantee.  While it is unclear whether or not Taylor would shoulder such responsibility, he will likely be given incentive to do so by an offer of development rights near the arena.

Taylor has been working on the arena deal for years and has evaluated the project for Sacramento at a significant cost to himself, and it would be surprising if he told the council that he would not be responsible for cost overruns on a project he evaluated and promoted – particularly if there is further incentive in the form of development rights.

Adding the estimated $200 million or more from parking, an estimated $30 million from local hotels, an estimated $50 million from an arena operator (AEG), and an estimated $80 million from the NBA and the Maloofs — sources tell me that the city is well in the ballpark of securing the financing necessary for the arena.

In other words, the city of Sacramento has both the will and the way to secure a ‘yes’ vote for an arena.

As far as the timing goes, while February 28 is potentially the date for a deciding vote, it is likely that the NBA will allow for an extension on the March 1 deadline so they can properly evaluate Sacramento’s findings.  That announcement could come during All Star weekend.  The NBA and the Maloofs could theoretically act on the city’s proposal quickly and provide their terms in time for a February 28 vote, but sources stress the important part is that the city will have communicated that it is ready to vote on a deal.

From there it is on David Stern and the Maloofs to pull the trigger on the estimated $80 million price tag, which amounts to about $3 million per year in rental payments for 30 years, all paid up front.

As for any talk of selling the team, The Maloofs have been consistent with their message that it’s not an option, and their sale of the Palms can be seen as either a sign that the ship is sinking or a sign that they were moving money for the purposes of an arena.  In the unlikely event they do want to sell, Think Big Sacramento executive director Jeremiah Johnson told Seattle’s King 5 News that the city has “a number of ownership groups willing to keep the Kings in Sacramento.”

It’s not going to come to that.

The Maloofs and/or the NBA could try leverage the city of Anaheim against Sacramento, who recently made improvements on their NBA-ready facility, but after Jerry Buss and Donald Sterling just agreed to revenue sharing with small market clubs it’s less likely that the NBA will place another team in their backyard.

As for Seattle, despite their clear efforts to bring an NBA team back home, they are well behind Sacramento in their pursuit of an arena.  They too would have to approve public funds for a new building, and Stern and the Maloofs will have to weigh the $80 million cost of a sure thing given a ‘yes’ vote, and a nebulous offering in Seattle that is 1-2 years away while Key Arena is a stop-gap solution at best.

With all of the support David Stern and the NBA has given Sacramento in its fight to keep the Kings – from manpower in the front office to people on the ground helping make the arena deal a reality – it just doesn’t make sense for them to pass up a viable option for two that have problems.

This is a complex situation and it is not a done deal, but the once half-court shot turned 3-pointer doesn’t even seem like a free throw at this point – it seems like a layup.  The Party of Five that voted down a public vote that would have sent the Kings packing are interested in a deal that addresses the aforementioned criteria.  That criteria reportedly can be met and still provide the project with the money that it needs to be green-lighted, assuming the private parties each put in amounts that seem reasonable, achievable, and already written in pencil.

Kings fans will probably wait until the shovels hit the dirt before they celebrate.  Let this prediction be the first bottle of Dom Perignon.

The Kings aren’t going anywhere.

Report: Damian Lillard meets with Trail Blazers owner, but doesn’t request trade as Paul Allen feared

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Trail Blazers owner Paul Allen was reportedly investigating whether his team’s problem was roster or coaching. In other words, it sounded as if he were determining whether he should fire general manager Neil Olshey or coach Terry Stotts amid a disappointing season. Portland has the NBA’s fifth-largest payroll and is on track to pay the luxury tax, but the team is just 25-22 and seventh in the Western Conference.

In these turbulent times, Trail Blazers star Damian Lillard – who has strongly supported Stotts publicly – wanted to address Allen directly.

Chris Haynes of ESPN:

Portland Trail Blazers star point guard Damian Lillard met with team owner Paul Allen to gather an understanding of the organization’s direction, league sources told ESPN.

Lillard, who turns 28 on July 15, requested the meeting in part to reaffirm his commitment to the only professional franchise he has ever suited up for, but also to gain assurances that the organization was just as devoted to expeditiously crafting a title-contending team, sources said.

In the weeks leading up to the meeting, Allen feared Lillard would request a trade, sources said, but a trade request was not made.

The meeting, which sources described as a productive, open forum to share opinions and express concerns, could also lead to more sit-downs in the future.

Lillard issued a heartfelt vote of confidence for head coach Terry Stotts, sources said.

They also discussed players to target.

In addition, Lillard sought an explanation from Allen as to why Will Barton was traded to Denver in February of 2015, sources said. Lillard made it known he didn’t agree with the move.

The Trail Blazers traded Barton, because he wasn’t ready to lock down a rotation spot. They got Arron Afflalo, who was more ready to help a team still trying to win with LaMarcus Aldridge. The move was completely logical at the time, and it’s the type of gripe brought up now because Barton has developed with the Nuggets, and Portland is frustrated and in a funk.

Lillard surely suggested win-now moves leading up to the trade deadline, because that’s what players prioritize. I wouldn’t be surprised if Allen would rather shed a few million in salary to avoid the luxury tax in an underwhelming season.

How would Lillard feel about that? Did this meeting open a productive line of communication? Or would he just feel ignored?

Lillard has repeatedly pledged his loyalty to the Trail Blazers. A trade request would have been a huge reversal from his public statements. But did Allen have any reason to suspect Lillard would ask out other than the meeting request and Portland’s middling record?

That Lillard would seek this meeting shows his growth as a player. He’s taking an active role in his team’s fortunes, spreading his reach beyond the court – or at least trying to.

The big question now: Where will that lead him and the Trail Blazers?

Three Things to Know: Jason Kidd out in Milwaukee, now what for Bucks?

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Every day in the NBA there is a lot to unpack, so every weekday morning throughout the season we will give you the three things you need to know from the last 24 hours in the NBA.

1) Milwaukee fires Jason Kidd as coach. It’s the right move, but now what? It’s a move that caught the players in Milwaukee off guard, a move that will be trashed by some of the NBA’s old boy network, but something expected by many officials from other teams and league observers (although most thought it would be an offseason move).

Jason Kidd was fired as coach of the Milwaukee Bucks Monday.

It was the right move. Individual players grew under Kidd — Giannis Antetokounmpo blossomed into a superstar with the ball in his hands, and he was so unhappy with the move he offered to intervene and try to save Kidd’s job — but the team did not. Last season the Bucks went 42-40 in the regular season and were up 2-1 in their first-round playoff series against Toronto before ultimately losing in six, but as had happened too much with this team it was two steps up and one step back. The Bucks didn’t grow from there. The team entered this season with players talking of 50-win season and a top four seed (Las Vegas oddsmakers set the wins under/over at 47.5), and the expectation was the defense would finally come around. It didn’t. Kidd blamed the team’s youth to everyone — the media publicly and team management privately, asking for more veterans — yet he made some, shall we say, “interesting” end of game coaching decisions that left everyone bewildered. Kidd eventually backed off some on the ultra aggressive, trapping defensive style this team played — a style teams figured out how to beat with ball movement — but it wasn’t enough. The Bucks are 25th in the NBA in defense. With that they are 24-22, but with a negative point differential that suggests a 20-26 team, not one clinging to a playoff slot (currently seventh in the East, 1.5 games up on ninth-seed Detroit and missing the playoffs all together, fivethirtyeight.com gives them a 68 percent chance of making the postseason).

Now what?

For the rest of this season, long-time assistant Joe Prunty will run the show, and he will get the chance to Frank Vogel his way into the job if the team excels under him (and the moved was timed as the Bucks enter a soft part of the schedule, they can rack up some wins right now). However, more likely is a big off-season search where the biggest names in coaching without a job will come calling. Already two names bandied about are Jeff Van Gundy and former Pelicans coach Monty Williams. David Fizdale has to be considered. Every coach without a job will want this one — with Antetokounmpo, Eric Bledsoe, Khris Middleton, and a host of long, athletic, quality role players (such as Thon Maker, Jon Henson and others) this team has a world of potential. It should be talked about with Minnesota and Philadelphia as the teams who have next in the NBA.

The Bucks have been rumored to be interested in DeAndre Jordan, is that still the case or will they try to make their moves in the off-season (when they can’t afford to sign Jordan or much of anyone else of consequence without shedding salary)? My guess is now the team now waits, it will want to consult with whoever is hired as coach.

Also, how will the Bucks at times feuding ownership play into all of this? New Yorkers Mark Lasry and Wes Edens have had their differences — Jon Horst is the GM now because the two sides could not agree on a candidate so they compromised on him, someone farther down on both lists. On the court this team is seen as one of the league’s best jobs with the most potential, but the coach may need to navigate ownership landmines along the way.

The Bucks move into their new arena next fall and there will be pressure on the new coach to bring the team up to the level of the building — the Bucks have the pieces to be one of the top teams in the East (a conference that could open up depending on what LeBron James chooses to do next summer). It’s a coveted job, but not an easy one.

2) DeMarcus Cousins has the kind of night nobody has had in 46 years. All-Star starter DeMarcus Cousins went off on the Bulls Monday night — 44 points, 24 rebounds, and 10 assists in the Pelicans’ double OT win against Chicago. These were not meaningless points, Cousins picked up seven of them in the second overtime.

The last time somebody had a 40/20/10 night in the NBA Elton John had just released “Rocket Man” — Hall of Famer Kareem Abdul-Jabbar did it in 1972 when he was still playing in Milwaukee.

3) Locker room issues bubble up in San Antonio and Cleveland, but will it matter? Two things that can lead to locker room dissent in the NBA? Struggling teams on losing streaks pointing fingers, and guys with lingering injuries that were expected back.

We saw both of those creep up Monday, in San Antonio and Cleveland. The question is, will it matter to either organization come the playoffs? Probably not.

In Cleveland, losers of 8-of-11 and heading into a tough stretch of games, they held an emotional team meeting Monday’s practice, and Kevin Love became the whipping boy. Because the more things change, the more it’s still always Kevin Love’s fault. Other players questioned the illness that Love said he suffered that forced him to sit out much of Saturday’s blowout loss to the Thunder (he left the building before the game was over) and then miss practice Sunday. The meeting got heated, but Love spoke to the team to explain himself and that seemed to calm things down, mostly. For now. These team meetings make headlines, but most of the time prove to be meaningless on the court. Are the Cavaliers going to start to care and at least give some effort on defense after this? We’ll see. I wouldn’t bet on it lasting, it almost never does, but we’ll see.

In San Antonio, reports came up that the always quiet Kawhi Leonard has become “disconnected” from the team while dealing with the thigh injury that has let him play just nine games this season. Leonard and Popovich have always been on the same page, is this just frustration with a rehab on a quad injury that is just not healing as fast as anyone hoped and expected? Is it more than that? Both GM R.C. Buford and Leonard’s uncle denied any rift.

What happened with LaMarcus Aldridge shows us how this likely plays out. Aldridge demanded a trade last summer, but rather than panic and ship him out (for less than fair market value) Popovich sat down with Aldridge, figured out why he was frustrated, adjusted how he used him, and now Aldridge is happy — he signed an extension — and is having an All-Star season. Expect Popovich to figure out how to work with Leonard, too.

Are these leaked black and white uniforms the All-Star Game jerseys?

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Nike faced a challenge with this year’s All-Star Game in designing the uniforms — there is no East vs. West. How do you design a uniform for the teams captained — and selected — by Stephen Curry and LeBron James? Maybe go back to 1997 (and a few years after) where players just wore their team’s uniform, either home whites or road colors.

It looks like Nike has solved the problem by going black-and-white.

Conrad Burry of Sportslogos.net — who in the past has nailed early leaks of NBA uniforms — confirmed ongoing Web rumors that the league is going black and white (hat tip ESPN).

What do you think? I’m with Conrad here — if these are the really the uniforms they don’t work for me. Maybe it will work better in person and on the broadcast, but I don’t know. We’ll see.

Hornets’ owner Michael Jordan: “I’m not looking to trade Kemba” but he’ll listen

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The Charlotte Hornets are having a disappointing season. Projected by many (myself included) to be a playoff team (with an under/over of 42.5 in Las Vegas), Charlotte is 19-26 and four games out of the playoffs in the East.

That has left Charlotte management with a question: Is it time to trade Kemba Walker, work to tear the team down and rebuild, or do they chase the eight seed? Walker doesn’t want to be traded.

Team owner Michael Jordan doesn’t want to trade him, but he’s listening to offers, he told Rick Bonnell of the Charlotte Observer.

“We bred him, we chose him, we groomed him to be a good player for us,” Jordan said of Walker, who the Hornets drafted ninth overall in 2011, to a great extent because Jordan saw traits in Walker that reminded him of his own playing career.

“I’m not looking to trade Kemba, but I would listen to opportunities….

“It’s not like we are shopping him. We would not just give him up. I love Kemba Walker. I would not trade him for anything but an All-Star player.”

Charlotte with Walker is in the same place as the Clippers with DeAndre Jordan — moving him would mean a dramatic shift for the organization going forward, so they are only going to do it with a quality offer in return. It’s going to take some combination of good young players and picks that can jumpstart a rebuild, and in the Hornets case they want to attach one of their bad contracts (such as Marvin Williams).

So far, those offers have not come for either team. The trade market has been tight, in part because a lot of teams are in the playoff hunt (such as the Hornets) and don’t want to move quality players, and in part because teams spent a lot of money in 2016 and are pushing the luxury tax (such as the Hornets) and they can’t take on salary (and with that are finding it hard to move bad contracts).

Come Feb. 9, expect Walker to still be wearing the team uniforms of Charlotte as no deal is found. But also expect Michael Jordan to feel cans for another day.