Inside Kings Arena

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.

Nerlens Noel calls Sixers crowded center situation “silly,” adds it “doesn’t make sense”

PHILADELPHIA, PA - OCTOBER 30: Jahlil Okafor #8 and Nerlens Noel #4 of the Philadelphia 76ers play in the game against the Utah Jazz on October 30, 2015 at the Wells Fargo Center in Philadelphia, Pennsylvania. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Mitchell Leff/Getty Images)
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He’s right. And Philadelphia management knows it.

At the center position, the Sixers have the athletic and defensive minded Nerlens Noel, the offensive-minded Jahlil Okafor, and the untested player who may be the best of the group in Joel Embiid. Elton Brand is on the roster as well.

That’s a lot of talented young players and not enough minutes to go around. Nerlens Noel called the situation out as “silly” speaking to the Philadelphia Inquirer‘s Keith Pompey. At least he didn’t go so far as to request a trade.

“I think it’s just silly . . . this situation that we are in now with three starting centers,” Noel said on the eve of the Sixers’ media day. “With the departure of [former general manager and president] Sam Hinkie, I would have figured that management would be able to get something done this summer…

“I feel like it definitely needs to be figured out,” he said. “I think at the end of the day, again, you have three starting-caliber centers. And it’s just not going to work to anybody’s advantage having that on the same team. That’s how I’m looking at it. I’m not opposed to anything, but things need to be situated….

“Don’t get me wrong. We all get along great on the court and off the court,” Noel said. “But at the end of the day, it’s like having three starting quarterbacks. It doesn’t make any sense.”

The Sixers wouldn’t officially comment, but this summer they did try to get something done — Okafor and Noel were on the trade block. The problem is all the offers that came in were low ball. GM Bryan Colangelo has said he didn’t want to go into the season with this situation at center, but he also wasn’t going to give away one of these three for pennies on the dollar. Colangelo wanted a fair deal.
We saw last season that Okafor and Noel can’t play together, and now the Sixers need to see which ones of these three can play well with No. 1 pick Ben Simmons, who will be a point-forward much of the time.
Expect a deal to get done to move one of the three centers — and it very well could be Noel, he drew the most interest from other teams. It could happen during training camp, or maybe closer to the trade deadline. Maybe this stretches into next season.
But the Sixers know this doesn’t make sense, they just haven’t been able to remedy the situation. Yet.

Enjoy 50-best circus shots of last NBA season

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As of tomorrow, training camps around the league open, and all the focus goes to the 2016-17 season.

For fun, let’s look back one more time at last season — the 50 top circus shots of last season.

Stephen Curry driving the lane and throwing up prayers once he draws contact (and hitting them), there is Russell Westbrook throwing the inbounds pass off an opponent’s back, and so much more. Enjoy. Then let’s get on with next season.

To avoid trash talk, Steven Adams told Kevin Garnett he didn’t speak English

Kevin Garnett
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Kevin Garnett intimidates people. In the machismo-fueled world of professional sports nobody comfortably admits they were intimidated, but in the wake of Garnett announcing his retirement, a number of players stepped forward to say exactly that. And that KG trashed talked them fearlessly.

Oklahoma City’s Steven Adams found a way to avoid that — tell KG he didn’t speak English.

Brilliant.

Adams was lucky, KG had a reputation for going harder at foreign-born players with his trash talk and intimidation. Then again Adams is not the kind of guy prone to be intimidated.

Pistons’ Stan Van Gundy “encouraged” by players speaking out, protesting social issues

CLEVELAND, OH - APRIL 17: Head coach Stan Van Gundy of the Detroit Pistons yells to his players during the first half of the NBA Eastern Conference quarterfinals against the Cleveland Cavaliers at Quicken Loans Arena on April 17, 2016 in Cleveland, Ohio. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Jason Miller/Getty Images)  *** Local Caption ***Stan Van Gundy
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Athletes are injecting themselves into the needed national conversation about race, violence, and policing in this nation. That has taken some very public forms, including LeBron James, Chris Paul, Dwyane Wade and Carmelo Anthony speaking at the ESPYs, and Colin Kaepernick taking a knee during the national anthem and leading others to do so. Some NBA players likely will follow Kaepernick’s lead.

Pistons coach/GM Stan Van Gundy likes seeing players speak out.

A couple of his Detroit players — Reggie Jackson and Marcus Morris — said they backed the 49ers quarterback. Here is what the never shy Van Gundy said about all of it, via Vincent Ellis of the Detroit Free Press.

“I’m encouraged by the fact of what some of those guys stood up and did at the ESPYs and had a conversation,” Van Gundy said. “I’m really proud of the fact that we have guys that not only see the problem, but want to try to do something about it…

“To me, in some ways, (police brutality is) just the most visible to focus on and it goes to deeper inequities in our criminal justice system, our education system so there’s so much to focus on,” Van Gundy said. “I think it’s great that we have players that want to be part of that conversation, and a lot of players that want to go beyond the conversation and be part of the solution.”

Van Gundy has been telling his players part of that solution is to vote.

The players union and NBA sent out a release saying they wanted to work together to create positive change, but details are still vague on what that might be. The only thing we know for sure as we head into the NBA season — with as divided a nation and election as anyone can remember as a backdrop — is that some NBA players are going to try and keep the conversation going.