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.

Tampering is common in the NBA, but proving it is very difficult

Associated Press
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Want proof there is tampering in the NBA: Free agency starts on July 1 at midnight Eastern every year, and every year a number of new contracts for players with new teams are announced at 12:01 a.m. There is no way that a complicated NBA contract — even one where the two sides are both interested and will agree quickly on the price — is negotiated faster than it takes to get an In-N-Out Burger (or Five Guys burger, if you prefer the inferior).

Those deals are announced that fast because everything’s already been agreed to through back channels. Same with meetings when a major (or even mediocre) free agent starts talking to teams on July 1. Yet, the NBA rarely investigates, and even more rarely punishes a team for tampering. Why? Because it’s very difficult to prove.

The Lakers are being investigated for tampering with Paul George while he was under contract to the Indiana Pacers, an investigation reportedly started at the request of Pacers’ owner Herb Simon. Teams are not allowed to recruit or entice players under contract. The Lakers have denied any wrongdoing. Lakers president Magic Johnson went on “Jimmy Kimmel Live!” and, with a wink, joked about what he’d tell George if they met this summer, and that ticked Simon off. The Pacers had to trade George, and because everyone around the league knows he more likely than not is a Laker next summer (long before Magic went on TV), his trade value was diminished. The Pacers got back Victor Oladipo and Domantas Sabonis for him the day before free agency opened (although there may have been better offers on the table, and the choice and timing were odd). The Pacers think if there is an agreement in place between the Lakers and George that would have driven down the trade market (because he was a one-year rental, that market was already depressed).

Good luck proving tampering. Unless Magic did something stupid like text George directly, it will be almost impossible to prove.

NBA agents and front offices know how to avoid tampering using “back channels” — not unlike how governments who are public enemies still communicate. Someone, a couple of people removed from the agent/GM, can talk with someone a couple of people removed from the other side and set something up that gets brought back and agreed to. Or, an agent can have one of his other players do some of the work for him — players recruit each other all the time on social media (and off it), and the league doesn’t see that as tampering, unless specifically ordered by a GM/owner. James Harden recruited Chris PaulDraymond Green and other Warriors recruited Kevin Durant, and the league shrugged, but GM Bob Myers could not have done that (or directed the players to do that… again, good luck proving it if you think he did).

There are a few reasons it will be hard to prove the Lakers did anything. First, the Lakers’ GM Rob Pelinka is a former agent and knows how to work the system — he’s not getting caught. Look what another agent told Kevin O’Connor at The Ringer.

“Pelinka for sure knows how to tamper without getting caught,” one agent told me. “Pelinka will do whatever it takes to get players. Magic could easily have done something dumb and got caught for it, though.”

To prove tampering, Magic needs to have left a “paper trail,” which more accurately is a digital trail of texts or emails. But even that can get tricky. If Magic was texting with George’s agent Aaron Mintz that alone proves nothing, he also represents Julius Randle on the Lakers and D'Angelo Russell, who the Lakers traded a week before the George trade. It will take an email or text specifically talking about George for the Lakers to get in trouble, and Magic is smarter than that. Well, we think he is.

The bottom line is tampering is common and almost impossible to prove. Unless Magic screwed up, it will be unprovable here. Maybe the Pacers made their point, maybe Simon feels better, but it’s hard to see how this is going to be tampering.

Joakim Noah talks of “bounce back” year for himself, Knicks

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In a season of disappointments in New York, none was bigger than Joakim Noah.

There was plenty of scoffing around the league in the summer of 2016 when Phil Jackson signed the oft-injured, already declining Noah to a four-year, $72 million contract that was seen as one of the worst of a summer (and it was an ugly summer for contracts). He only played in 46 games, averaging 5.5 points on 49 percent shooting, plus 8.8 rebounds a game in those (and basically being averaged on offense and a step slow defensively). He missed time with a rotator cuff surgery and got a 20-game suspension for testing positive for Androgen (he has 13 of those games left and can’t play until Nov. 13).

Noah realizes how poorly last season went he told the “Truth Barrel’’ podcast, doesn’t think Jackson deserves all the blame, and said his goal is to make it up this season (hat tip The New York Post for the transcription).

“It’s tough, man, because I got a lot of love and respect for Phil,’’ Noah said. “He gave me an opportunity to play back home. Somebody I read all his books as a kid. I was just a big fan and still am. I have a lot of respect for him. It didn’t work out. That sucks. It’s something I have to live with. He believed in me, and I kind of let him down. That’s frustrating. He got a lot of blame that it was his fault. But we didn’t lose all those games because of Phil Jackson…

“I went through a lot of adversity,’’ Noah said. “You go through injuries. I lost my confidence this year. It’s about bouncing back and showing who I am through these tough times. It can really show what you’re made of.”

This is the only attitude Noah should have — look forward, get healthy, and look to right his wrongs next season.

Once he finishes his suspension, Noah likely will come off the bench behind Willy Hernangomez. (The Knicks should spend more time with Kristaps Porzingis at the five, but that’s another discussion.) Noah is going to get his chances, but nothing he has shown the past few seasons should have Knicks’ fans expecting a return to form. Noah has been an average to below-average player for a couple of seasons, he’s not moving the same way, and he’s not getting younger.

Noah can still have a positive impact on this team, he has a role to play, but it has to start with him getting back on the court.

Add Milos Teodosic to long list of stars missing EuroBasket

Associated Press
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The last Olympics in Rio saw a long list of NBA players sitting it out, either due to injuries, concerns about Zika virus, a serious dislike of açaí berries or just choosing to do something else with their time.

Now it looks like EuroBasket is suffering the same fate.

The latest name to come up is Milos Teodosic, who signed this summer with the Clippers, could never get healthy, and is out for Serbia. He joins a long list — Sportando put together a list of NBA players and stars who are out.

More than just one someone is missing, guys such as Ivica Zubac, Mario Hezonja, Paul Zipster, and others are out as well.

Spain, led by Pau Gasol, remain the heavy favorites to win EuroBasket 2017, with Serbia, France, and Lithuania potential contenders. There may be a lot of players missing, but there is still a lot of talent, and when guys are playing for national pride there is plenty of emotion and fire as well.

Lakers owner on Lonzo Ball: “He’s going to bring an element that’s very similar to Magic”

AP
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Lonzo Ball has yet to play a minute of professional basketball in the NBA, but fans in Los Angeles sure are happy to have him on board as they get ready for a new era in team history.

An exciting run through the Las Vegas Summer League in 2017 certainly showed us that Ball is ready to meet the challenges of a rookie in the NBA.

Ball won the LVSL MVP award while posting averages of 16.3 points, 9.3 assists, and 7.7 rebounds per-game. Ball and teammate Kyle Kuzma also helped the Lakers beat the Portland Trail Blazers in the championship game to close the tournament.

Lakers owner Jeanie Buss is just as excited about Ball as fans in California are. Speaking on the Petros and Money Show in LA it recently, Buss compared the buzz around Ball to that of Kobe Bryant, saying, “No other draft pick, except maybe Kobe Bryant, has had this kind of excitement about him.”

Buss also has high hopes for Ball’s style of play.

Via Lakers Nation:

“There’s something special about Lonzo […] I think because he just wants to play basketball, he’s selfless. He has a certain charisma and I think the fact that his teammates at UCLA loved playing with him and all the nice things that they have to say about him, I think he’s going to bring an element that’s very similar to Magic Johnson.”

Whatever criticism of his father you want to muster aside, Ball does seem relatively at ease in Los Angeles and in the spotlight. While he will no doubt struggle as a rookie, as even the best do, but it is starting to look up for LA in the post-Kobe era now that Ball is in town.

They seem to have the right coach in Luke Walton to help develop him, and no doubt fans in LA will be hoping that Ball is a superstar sooner rather than later.