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.

Thunder beat Pelicans; teams mourn Ingrid Williams’ death

Russell Westbrook
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OKLAHOMA CITY (AP) — Basketball didn’t matter much to Kevin Durant on Thursday night.

Thunder assistant coach Monty Williams’ wife, Ingrid, was involved in a car crash Tuesday night in Oklahoma City and died Wednesday. Monty Williams coached the Pelicans last season before coming to Oklahoma City to help new coach Billy Donovan, so as his two most recent teams met, both played with heavy hearts. A moment of silence was observed before the Thunder’s 121-95 victory.

Durant was distraught earlier in the day while discussing the situation after the team’s shootaround, and he said it remained fresh in his mind after the game.

“We love the game so much, but that’s not really what’s important,” Durant said. “It’s definitely something that we love to do, but relationships, family – those things – that’s what’s most important in life, not the latest trends or the fashion world or all that stuff. It’s cool and all that stuff, but the stuff that lasts forever is relationships, family and love.”

Donovan wasn’t sure how his team would deal with all that happened. Durant scored 23 points, Russell Westbrook had 23 points, 10 assists and nine rebounds, and Serge Ibaka added 18 points.

“I really appreciated all of our guys, the way they all have handled a really difficult situation these past 24 hours and being able to go out and play,” Donovan said.

Anthony Davis and Jrue Holiday each scored 23 points for the Pelicans. Davis, who was emotional on Twitter after learning of the death, still was disappointed in the way the Pelicans played.

“We’ve got to go out there and still compete,” he said. “Go out there and play. We had a job to do tonight.”

Oklahoma City has won 14 of 16 heading into the All-Star break to join Golden State and San Antonio as the only teams with at least 40 wins. The Thunder don’t feel much needs to change to compete for the title.

“No switch-up, just enhance and get better at what we do.”

The Thunder led 62-53 at halftime behind 18 points from Westbrook and 17 from Durant.

Westbrook got his 10th assist on Ibaka’s 3-pointer that gave the Thunder a 79-65 lead. He had his ninth rebound with just under 3 minutes to go in the third quarter before heading to the bench for his usual rest and the Thunder ahead 86-68. Oklahoma City led 95-74 at the end of the third quarter.

Oklahoma City’s backups expanded the lead early in the fourth quarter, and Westbrook didn’t return.

“I don’t know what we can take out of it other than we competed like crazy in the first half,” New Orleans coach Alvin Gentry said. “Tried like crazy in the second half, but when they got separation, it was really difficult.”

The Thunder found an escape from pain through playing.

“Basketball, the effect it has, it allows you to forget about things a little bit, and it also brings you together as a group,” Durant said. “Thankful for that.”

 

TIP-INS

Pelicans: Shot 53.5 percent from the field in the first half, but just 43.2 percent for the game. … Were outrebounded 50-31 … Committed just nine turnovers. … Norris Cole scored 15 points.

Thunder: Shot 52.3 percent from the field. … Thunder G Andre Roberson remained out with a right knee sprain. … Anthony Morrow scored 10 points. … Enes Kanter finished with 11 points and 12 rebounds.

 

Bucks go into All-Star break with 99-92 win over Wizards

MILWAUKEE, WI - FEBRUARY 11: Khris Middleton #22 of the Milwaukee Bucks drives to the hoop for two points during the first quarter against the Washington Wizards at BMO Harris Bradley Center on February 11, 2016 in Milwaukee, Wisconsin. 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 Mike McGinnis/Getty Images)  *** Local Caption *** Khris Middleton
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MILWAUKEE (AP) — Khris Middleton scored 27 points, Giannis Antetokounmpo had 17 points and 13 rebounds, and the Milwaukee Bucks held off the Washington Wizards 99-92 on Thursday night.

Middleton scored 14 points in the final quarter, giving the Wizards trouble off the dribble and from the perimeter.

Washington got within three when John Wall made two free throws with 1:36 left. But Middleton answered again, hitting a jumper in the lane on the next possession before setting up a drive-and-dish to Greg Monroe that gave the Bucks a 97-90 lead with 15 seconds left. Middleton tied a season high with nine assists.

Bradley Beal scored 19 points for the Wizards, and Wall had 15 points and 10 assists.

The Wizards go into the All-Star break 3-7 in their last 10 games.

The Bucks will take a modest but badly-needed two-game winning streak into the break. At 22-32, Milwaukee needs to inch back closer to .500 before it can start thinking about making a run at a second straight playoff appearance.

At least the Bucks gained confidence from the win after the lead see-sawed much of the night against Washington.

Sparked by better defense, the Wizards rallied from an 11-point deficit late in the second quarter to turn it into a tight contest after halftime.

Milwaukee used a 25-5 surge in an eight-minute span to help build a 55-44 lead with 45 seconds left in the second quarter. Jabari Parker scored 12 points during that quarter, when the Bucks made their run using primarily a three-guard lineup that attacked with the ball.

Middleton made the clutch plays in the end to spark the win.

TIP-INS

Washington: Wall had his 30th double-double of the season. … The Wizards went 0 of 10 from the field with three turnovers during the Bucks’ second-quarter run.

Milwaukee: Bucks co-owner Marc Lasry is taking part in the All-Star celebrity game Friday in Toronto. Asked before the game if the boss was ready, coach Jason Kidd said with a straight face: “That’s a very good question. We’ll see if he needs the asthma inhaler.” … O.J. Mayo was assessed a flagrant foul after Washington’s Otto Porter Jr. fell hard to the floor on a layup attempt with 10 minutes left in the third quarter.

 

Report: Some Warriors executives believe Golden State will sign Kevin Durant

Oklahoma City Thunder's Kevin Durant (35) loses the ball next to Golden State Warriors' Marreese Speights during the first half of an NBA basketball game, Saturday, Feb. 6, 2016, in Oakland, Calif. The Warriors won 116-108. (AP Photo/George Nikitin)
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An NBA general manager reportedly believes Kevin Durant will sign with the Warriors.

That general manager, unless it was Bob Myers in the first place, has company.

Chris Broussard of ESPN on Durant:

There are people in Golden State that think they’re getting him.

People in management, and I think some players, too.

Blind optimism? Definitely possible.

Echo-chamber participation? Totally conceivable.

Genuine insight? Also believable.

It’s that last possibility that makes this so intriguing. Durant has reportedly researched the Bay Area, and why shouldn’t that include back-channel talks between his people and the Warriors? Golden State definitely could have legitimate reason to believe Durant is coming.

One reason this is so important: The Warriors don’t have enough cap space to re-sign Durant. What lengths they’ll travel to clear it depends on their perceived odds of signing him.

Whether or not Golden State actually gets Durant – count me in the camp that believes he hasn’t made a decision – this belief he’ll sign with the Warriors could definitely influence the rest of their offseason and maybe even smaller moves before the trade deadline.

Shaq, Yao, Iverson look to take next step to Hall of Fame

LOS ANGELES - DECEMBER 25:  Yao Ming #11 of the Houston Rockets posts up Shaquille O'Neal #34 of the Los Angeles Lakers on December 25, 2003 at the Staples Center in Los Angeles, California.  The Rockets won 99-87.  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 Lisa Blumenfeld/Getty Images)
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TORONTO (AP) Shaquille O’Neal should be a lock. Yao Ming and Allen Iverson could join him.

Two larger-than-life big men and one of basketball’s most exciting little guys highlight the list of players, coaches and contributors who are eligible for induction this year into the Naismith Memorial Basketball Hall of Fame.

O’Neal and Iverson must get past an extra step by first being chosen as finalists Friday at a press conference during the NBA’s All-Star weekend festivities. If they do, they would then require 18 votes from the 24-member Honors Committee, as do all nominees from the North American and Women’s Committees.

But Yao was nominated by the Hall’s International Committee, recognized as much for his impact in the growth of basketball in his native China as his play in the NBA. That committee elects players directly to the Hall.

The class of 2016 will be unveiled April 4 in Houston on the day of the NCAA championship game, and the enshrinement ceremony is set for Sept. 9 in Springfield, Massachusetts.

O’Neal, Yao and Iverson earned a chance to be a part of it after a recent rule change that made players eligible for nomination after four full seasons of retirement. Previously, they had to wait five years, which meant they were actually six years removed from their playing days by the time they could take their place in the birthplace of basketball.

O’Neal won four NBA championships, an MVP award and is in the league’s top 10 in career scoring. Iverson, just 6-feet tall, won four scoring titles and was the league’s MVP in 2001, when his 48-performance for Philadelphia in Game 1 of the NBA Finals handed O’Neal’s Lakers their only loss of the most dominant postseason in NBA history.

Yao doesn’t have as impressive a resume, his career cut short by multiple foot injuries. But the 7-foot-6 center lasted long enough to make an enormous impact on and off the court after being selected No. 1 overall in 2002.

A look at some others who could be Springfield-bound in September:

JERRY KRAUSE: On the 20th anniversary of the Chicago Bulls compiling the best record in NBA history, perhaps it’s time to honor the executive who was one of the architects of the six-time champions?

TOM IZZO: The way he consistently gets his Michigan State teams to peak in March, don’t be surprised if he’s got a game to coach in Houston when the class he should be in appears during Final Four weekend.

SHERYL SWOOPES: The first player signed by the WNBA went on to win three MVP awards and four championships in the league, but it was her 47-point performance in leading Texas Tech to the 1993 NCAA championship that many think of first when talking about one of the greats of women’s basketball.

MARV ALBERT: Already a Hall of Famer as a broadcaster, Albert, like Krause, is now nominated by the Contributor Committee that directly elects to the Hall. Should he be honored again? As Albert might exclaim while calling a game, “YES!!”

DARELL GARRETSON: He officiated more than 2,000 games in the NBA and spent 17 years as the league’s chief of officiating. There aren’t many easy calls for referees, but this seems an easy call about one.