There is a real momentum in Sacramento to get a deal done and get an arena built — one that appears ready to clear the final hurdles. The Kings would stay in Sacramento.
But if one thing were to derail that train, it could be the brothers who helped create the problem in the first place — the Maloof brothers. The owners of the Kings.
They have said in the past they would pitch in to help get a new arena built, but they have not been part of these arena negotiations (the NBA has handled that directly). Now it is coming time to write a check, reports the Sacramento Bee.
The city seeks a contribution of about $85 million from the Maloof family, which owns the Kings, multiple sources said. But it’s not clear if the NBA – which is negotiating on the team’s behalf – will agree, and negotiations are far from complete.
Why is that a cause for concern? Well, Tom Ziller at SBNation explains it well.
The Maloofs already owe the city roughly $70 million for a loan executed in the late 1990s when the Kings had threatened to leave Sacramento under previous ownership. The Maloofs are also believed to owe at least $100 million to the league’s credit facility. For the second consecutive season, the Kings have the NBA’s smallest payroll. Sacramento barely exceeded the league’s minimum payroll level last year.
In the last couple years the Maloof have sold off their beer distributorship that was very profitable and given up majority control in the Palms Casino that they built in Las Vegas.
The city of Sacramento, arena operator AEG and everyone else is ready to pitch in and do their parts. Given one last chance to get an arena done and keep the Kings in Sacramento, the city has rallied behind mayor Kevin Johnson and done a tremendous job.
Let’s hope it’s not the Maloofs that end that dream.
Utah’s Gordon Hayward abused the Lakers’ Jordan Clarkson on this play.
First, Hayward reads and steals Clarkson’s poor feed into the post intended for Kobe Bryant, then going up the sideline he takes his dribble behind Clarkson’s back to keep going. It all ends in a Rudy Gobert dunk.
Three quick takeaways here:
1) Gordon Hayward is a lot better than many fans realize. He can lead this team.
2) It’s still all about the development with Clarkson, and that’s going to mean some hard lessons.
3) Hayward may have the best hair in the NBA, even if it’s going a bit Macklemore.
(Hat tip reddit)
VIZZINI: “So, it is down to you. And it is down to me.”
MAN IN BLACK nods and comes nearer…
MAN IN BLACK: “Perhaps an arrangement can be reached.”
VIZZINI: “There will be no arrangement…”
MAN IN BLACK: “But if there can be no arrangement, then we are at an impasse.”
That farcical scene from The Princess Bride pretty much sums up where we are with the Tristan Thompson holdout with the Cleveland Cavaliers, minus the Iocane powder. (Although that scene was a battle of wits in the movie and this process seems to lack much wit.) The Cavaliers have put a five-year, $80 million offer on the table. Thompson wants a max deal (or at least a more than has been offered), but he also doesn’t want to play for the qualifying offer and didn’t sign it. LeBron James just wants the two sides just to get it done.
Brian Windhorst of ESPN thinks LeBron could be very disappointed.
Windhorst was on the Zach Lowe podcast at Grantland (which you should be listening to anyway) and had this to say about the Thompson holdout:
“I actually believe it will probably go months. This will go well into the regular season.”
Windhorst compared it to a similar situation back in 2007 with Anderson Varejao, which eventually only broke because the then Charlotte Bobcats signed Varejao to an offer sheet. Thompson is a restricted free agent, meaning the Cavaliers can match any offer, but only Portland and Philadelphia have the cap space right now to offer him a max contract. Neither team has shown any interest in doing so.
And so we wait. And we may be waiting a while.