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


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.

Three Things to Know: Nothing but takeaways from Cavaliers beating Raptors

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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. Today we’re doing things a little differently, despite some other interesting games — Dwight Howard dropping 30-and-30, the genuine concern about Giannis Antetokounmpo‘s ankle, and the Pelicans beating the Pacers because Anthony Davis is ridiculous — we are going to focus on the likely Eastern Conference Finals matchup of Toronto at Cleveland, which the Cavaliers won 132-129.

What we are not taking away from this is a prediction of a playoff matchup between these two teams. Forget the fact that regular season meetings are crappy predictors of playoff series in general, here are three other issues: 1) Toronto was on the second night of a back-to-back and it was their fifth game in seven days, which factored into their poor defense and late fade; 2) Cleveland is going to be healthier and have different guys in the rotation come the playoffs; 3) If Dwane Casey or Larry Drew/Tyronn Lue have a tactic they think could be a great weapon against the other side, no chance they break it out for long in a late-season game — they will save it for the playoffs. Sort of like to NFL teams playing each other in week 16 when they know they could meet in the playoffs. We didn’t see the best of either side.

That said, let’s get on to the real three things.

1) The biggest factor in the Eastern Conference remains LeBron James and his level of play. There are questions about how well the new-look Raptors will carry over to the playoffs. There are more questions (at least in my mind) about how well this Cavaliers roster can defend, even when healthy. All that said, this game was a reminder of one simple fact:

LeBron James can lift a team to the NBA Finals almost by himself — he’s been to seven straight Finals for a reason. He is the force of nature, he’s still playing at an MVP-level (at age 33 in his 15th season), and he took over this game with 35 points, 17 assists, and zero turnovers.

LeBron shot 62 percent from three on the night, had 14 points and 5 assists in the fourth quarter alone, and was the difference in this game. OG Anunoby is the guy the Raptors will likely lean on in the playoffs to make LeBron work for his buckets, but he looked like a guys still working his way back from injury (and like a rookie with tired legs late in the season), it was Pascal Siakam who did the best of any Raptor (LeBron was 4-of-10 with Siakam guarding him on the night). That’s something we would see in the postseason, but nobody really had an impact, and the Raptors need to figure out how to make LeBron work harder for his buckets.

Put simply, the Eastern Conference is all about LeBron James. Still. And it will remain so until further notice.

2) Which one of these teams will defend better come the playoffs? The Cleveland Cavaliers gave up 79 first half points and allowed the Raptors a 135.8 offensive rating on the night (points per 100 possessions). Kyle Lowry put it this way after the game, “Disgraceful display of defense by us. We’ve got to be better than that.” The Cavaliers had an offensive rating of 140.4 (stats via Cleaning the Glass).

Neither team defended well. If this was an Eastern Conference playoff preview, the team that improves their defense the most between now and then will come out on top.

Toronto has defended better all season — they are fifth in the NBA in defensive rating — but it didn’t show Wednesday. Maybe it was the back-to-back, fifth-game-in-seven-days that took their legs out from under them, particularly for the older Serge Ibaka who had an off night on both ends. (Tired legs also would explain the lack of transition points by the Raptors on the night, they needed those easy buckets). Maybe it’s the fact nobody has a good answer for LeBron. Maybe a lot of things, but the Raptors need to do better defensively in a playoff series or the outcome will be the same.

The Cavaliers lack cohesion on defense, and while they will get better defenders back from injury — Tristan Thompson, Larry Nance Jr. — that is not going to speed up the team getting used to each other on that end. Cleveland has to have better energy, they need to close out on shooters better (the Raptors got open looks late on kickouts, they missed injured C.J. Miles), and they just need more efforts like veteran Jose Calderon gave (it was a good night for him). Cleveland has time to get its defenders on the same page, but not a lot of it.

3) Is Toronto’s bench going to matter as much in the playoffs? Toronto’s bench unit has been key to their success all season — the Raptors took a double-digit lead in the second quarter thanks to their bench (who has done that to teams all season long). The Raptors lineup of Jakab Poeltl, Norman Powell, Pascal Siakam, Fred VanVleet, and Delon Wright was +6 in 10 minutes Wednesday. The Lowry plus bench unit has killed teams all season long.

Will it matter in the playoffs?

Right now coaches are going nine or 10 deep in their rotations, and the Raptors depth matters in that situation — their bench can beat your bench. It happened against the Cavaliers. However, come the playoffs the minutes that went to guys nine and 10 in the rotation go to guys one and two — the bench tightens way up and the best players get more minutes. A deep bench doesn’t have the same impact.

What that bench will provide Casey in the playoffs is options — if Anunoby is struggling against LeBron bring in Siakam — but it’s not the same as the regular season. I love that in big games recently against the Thunder and Cavaliers Casey is still playing around with his lineups for stretches — now is the time to experiment. Now is the time to get guys used to playing with each other. That way, come the playoffs, Casey can throw the combination out there that he thinks works and there will be familiarity.

But the Raptors will need more from their starters in the playoffs, because the bench will not have the same impact.

Dwight Howard posts just second 30-30 game in last 36 years

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Dwight Howard never played for the Nets. He almost got traded to Brooklyn by the Magic, but the deal never happened.

Which puts a dent in Dennis Schroder‘s theory Howard gets up for games against only his former teams.

Howard dominated Brooklyn for 32 points and 30 rebounds in the Hornets’ 111-105 win tonight. That’s just the second 30-30 game in the last 36 years, Kevin Love notching the other in 2010.

All 30-30 games since Wilt Chamberlain, who had a ton:

  • Dwight Howard (Charlotte Hornets, 3/21/2018): 32 points, 30 rebounds
  • Kevin Love (Minnesota Timberwolves, 11/12/2010): 31 points, 31 rebounds
  • Moses Malone (Houston Rockets, 2/11/1982): 38 points, 32 rebounds
  • Swen Nater (Milwaukee Bucks, 12/19/1976): 30 points, 33 rebounds
  • Elvin Hayes (Capital Bullets, 11/17/1973): 43 points, 32 rebounds

Howard helped Charlotte erase a 23-point second-half deficit and a 10-point deficit with four minutes left. The Hornets are playing out a lost season, and Brooklyn has looked overmatched most of the year, particularly at center. But no matter the situation, Howard says he still feels super-sized expectations.

Tonight, he exceeded them by leaps and bounds.

Giannis Antetokounmpo leaves Bucks’ loss to Clippers with ankle injury (video)

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The Bucks lost, 127-120, to the Clippers tonight.

More importantly, Milwaukee lost Antetokounmpo to an ankle injury.

He limped off in the second quarter and didn’t return. The Bucks called it a sprain.

Any more time Antetokounmpo misses would be a huge loss. Hopefully, he recovers quickly.

No matter how many other good players – Khris Middleton, Eric Bledsoe – Milwaukee has put on the floor, the team has struggled without its star. Antetokounmpo is a commanding force offensively who just does so much, and his defense impresses.

The Bucks (37-34) are eighth in the East. They’re safely in playoff position, five games ahead of the ninth-place Pistons. But this hurts Milwaukee’s chances of avoiding a first-round matchup with the excellent Raptors – though the way Toronto has regressed in the playoffs in previous years, that might not be so bad. Still, the Bucks should probably chase the seventh-place Heat, who are up 1.5 games on Milwaukee, and a likely first-round matchup with the injury-ravaged Celtics.

Obviously, a healthy Antetokounmpo would be central to that pursuit.

Cavaliers beat Raptors, become first team in 27 years to surrender 79 first-half points and win


The Cavaliers haven’t been good enough throughout the season, especially defensively. The Raptors have – offensively, defensively, starters, bench. Hope has grown in Toronto of winning the Eastern Conference after getting eliminated by Cleveland the last two years.

But LeBron James and Cavs showed why it’s hard to pick any other team – even the first-place Raptors – to win the East in a 132-129 win over Toronto tonight.

Cleveland allowed 79 first-half points and fell behind by 15. But a LeBron-led offense was just too potent. This was the first time since 1990 (Nuggets over Spurs after trailing 90-83) a team surrendered so many first-half points then still won.

LeBron finished with 35 points, 17 assists and no turnovers. No forward has ever dished so many assists without a turnover in Basketball-Reference’s database, which dates back to 1963-64.

And LeBron led the Cavaliers to this win despite Tristan Thompson, Rodney Hood, Larry Nance Jr., Kyle Korver and Cedi Osman being out.

It’s only one game, and it was in Cleveland. But even with home-court advantage in a potential playoff series, the Raptors must grapple with even more lingering doubt now about their ability to beat the Cavs.