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.

Michael Beasley: “I’m literally just Carmelo on the left side of the floor”

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Michael Beasley recently signed a one-year contract with the New York Knicks for the veteran minimum. Hopefully, this is just the start of an interesting year with the Knicks. I think you know what I mean.

Speaking to reporters this week, Beasley had lots to say about his potential new role with New York, his interplay with Carmelo Anthony, and his new weight loss.

Specifically, Beasley spoke of how long he had known Anthony and how much he had mimicked his game off of the star on the left side of the floor, saying, “If you watch my game, really watch my game, my jab series, all that, I’m literally just Carmelo on the left side of the floor.”

Since Kevin Durant has apparently set the offseason tone for athletes being frank with reporters, Beasley did say that he was not as great on help side defense as he could’ve been in recent years. However, he said that he wasn’t as bad as people made about to be, and it appears he is going to try to make that something to focus on this season.

Beasley has also lost about 20 pounds — it appears he has cut out sugar and red meats — but the most interesting thing he said to ESPN’s Ian Begley was about his offensive production.

Via ESPN:

“I’ve came in and out of this league. Every year my per-36 [minute average] has been top of the league. And still everybody looks at me as a bust. I just want an opportunity to play more than 15 minutes. And you know if I play more than 15 minutes I’m going to score more than 15 points. And if I can do that for 82 games, that’s an All-Star level. I don’t know. I’m just talking. I just want an opportunity to play basketball. I just want the respect I deserve. Not for what I can do in the future but what I’ve done in the past. And I just want a fair opportunity, a fair chance, a fair shot to play basketball.”

It’s not immediately clear what kind of fair shake Beasley wants here. True, he played less than 30 games in two of his last three seasons in the NBA. However, that was preceded by six seasons of at least 47 games a year. We do know who he is at this point in time, and there is a large swath of game tape and statistics that can be analyzed to prove it.

It is also interesting that Beasley brought up his per-36 numbers. It’s true that Beasley has been an okay scorer when looking at those numbers out of context. But per-36 numbers are not a direct correlary to how effective a player is on the floor. Indeed, even when he was playing starter-level minutes, Beasley’s best numerical seasons are spread all over the place when you take a look at his per-36 production.

Meanwhile, Beasley has had only one season out of nine where he had a positive value over a replacement player. That was his sophmore season with the Miami Heat at 0.2. Five of those seasons he’s taken a larger percentage of his shots from 16 feet to just inside the 3-point line than he has from 0-3 feet. He’s a career 39% shooter on those long jumpers, and 63.5% from that close-in range.

Would it be great if Michael Beasley somehow turned into a strong driving, hard rebounding, diving and passing pick and roll man? Yes. That is exactly what this Knicks team — and any team, frankly — could use.

For now, it appears it’s more likely we end up with the Beasley who says he is a carbon copy of Carmelo — long 2s and all.

Goran Dragic holds back tears after Drazen Petrovic’s mother gives Slovenian star his jersey

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It’s been a big week for Slovenian star Goran Dragic.

First, he led the Slovenian national team to the 2017 Eurobasket championship over Serbia, winning the gold medal.

Then, the Miami Heat point guard announced that he would be retiring from the Slovenian national team. Shortly thereafter, we learned that something special had taken place between Dragic and the mother of former NBA player Drazen Petrović.

Specifically, Biserka Petrović sent over her son’s New Jersey Nets kit as a gift for Dragic.

Via Sportando and SiolNET:

“It is one of the most beautiful gifts I’ve ever received in my life” Dragic told Siol. “He was my idol. We all know what he did for Yugoslavia and the basketball world. It was a great honor for me to wear the jersey no.3” Dragic added.

Petrović, who played for the Nets and the Portland Trail Blazers in the NBA, died in a car accident in Germany in June of 1993. He is considered a sports hero in the successor states that make up the former Yugoslavia, including Slovenia.

You can watch Dragic receiving the jersey and his reaction in the video above. The video does not have English subtitles, but you can clearly see the emotion in his eyes and it’s pretty powerful.

Kevin Durant admits after decision to leave OKC he felt “f—— up”

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Anyone who has made a major, life-changing decision has been there — you make the call, take the steps, commit yourself to the new plan, and then start to wonder “what did I just do?”

Hopefully, usually, the decision works out. It did for Kevin Durant when he chose to leave Oklahoma City for Golden State. However, not only did he have the normal doubts the rest of us had, he had a nation on basketball Twitter ridiculously slamming him for “taking the easy way” to a title.

Durant talked about it in a feature in San Francisco Magazine, along with his agent Rich Kleiman (a story mostly dedicated to KD’s tech investments, which in and of itself is interesting).

(Durant) and Kleiman were in China for a weeklong tour of the country sponsored by Nike Basketball, and the flak he was taking from people in Oklahoma City who had once professed deep affection for him was overwhelming. “To have so many people just say, ‘F— you,’ that really does it to you,” Durant tells me, still clearly anguished. “Because I truly had invested everything I had into the people I played for…. And for those people that I know and love and trust to turn their back on me after I was fully invested in them, it was just…more than I could take. I was upset….

“That was before I met anybody from the Warriors and dove into the culture. I was basically on my own,” Durant says. “It was like you were in between two teams.”….

“We were all messed up on jet lag,” Kleiman says, turning to me, “and I was up at 6 a.m. and he calls me and says, ‘Yo, are you up?’ And I’m like, ‘Yeah, what’s up?’ And he’s like [yelling], ‘Why the f— did you let me do this to my life?’ And I’m like, ‘Ohh s—, I’m coming over to your room.’”

“That hotel was rock bottom,” says Durant.

Durant’s haters will read into this whatever they want, and the world should look at them and shrug (unfortunately, Durant does not).

I’m impressed that he opened up about this. To me, this makes him more human and relatable because we’ve all had doubts after making a life-changing decision. You know LeBron James has, but he’s not going to let that show. Durant allowed himself to be vulnerable, to show this was not an easy decision for him. It was emotional.

Granted, it’s easier to do that when in a few weeks Durant will put on a championship ring. His decision worked out. Still, good on him for talking about it.

Tyronn Lue says Cavs will stick with LeBron, Love, Tristan Thompson as starters

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With the acquisition of Jae Crowder, a theory started to pop up among Cavaliers observers: Could they go small?

The idea is to start Kevin Love at center, LeBron James at the four, and Crowder at the three — that’s a mobile front line with a couple good defenders and the ability to switch a lot. It provides more options on offense and spaces the floor. Then the Cavs could bring Tristan Thompson off the bench.

That’s not going to happen, at least to start the season, according to Cleveland coach Tyronn Lue, speaking to Joe Varden of the Cleveland Plain Dealer.

“Right now we’re just trying to get all of our pieces together and right now Tristan’s our starter,” Lue told cleveland.com. “I’m just thinking we’re going to run a lot more stuff through Kevin, more at the elbows, like we’ve done the last year and a half. Just trying to figure out with our new pieces and our new players and just see what works best for us.”

Thompson brings value and defense to the starting lineup, Cleveland needs that.

I could see a lineup of Isaiah Thomas (once healthy), J.R. Smith or Kyle Korver at the two, Crowder, LeBron, and Love working in sort of the way Steve Kerr uses his “death lineup” — just put it on the court for 10-15 minutes a night as a change of pace teams can’t adapt to. Use it in key moments to pull away, and in crunch time as needed. Golden State starts Zaza Pachulia, and Thompson is certainly the better of those bigs.

Lue has a lot of rotation decisions to make this season, both before Thomas gets back on the court and after. How to work the trio of Jeff Green, Crowder, and Kover off the bench is just one of them. With Irving gone a lot of options become available, and that should mean a lot of experimentation the first part of the season. Lue is and should be willing to sacrifice some wins now to see what works down the line, because for the Cavaliers the season doesn’t really start until mid-April.