Last week David Stern said he was close to having a buyer for the New Orleans Hornets — and getting a new lease with the state of Louisiana for the New Orleans Area — that would keep the team in the Crescent City.
Those buyers are from Los Angeles not New Orleans based but they seem to have the money and experience, according to a report in the Times-Picayune.
A group led by Los Angeles-area businessman Raj Bhathal, who founded one of the country’s leading swimwear manufacturing companies, has emerged as a top candidate to purchase the New Orleans Hornets from the NBA, sources said Thursday. The group includes Larry J. Benson, brother of Saints owner Tom Benson and former NBA coach Mike Dunleavy….
Former NBA Coach Mike Dunleavy has been the California group’s front man in the initial negotiations, and sources said Thursday the L.A.-based consortium has been given exclusive rights to negotiate a purchase. Dunleavy appeared courtside at a Hornets game earlier this season. Dunleavy’s wife, Emily, is a native New Orleanian.
If your first thought is they are buying the team to move it, they couldn’t unless the Louisiana legislature approves a new lease deal with an early out clause. Which seems a pretty stupid thing for them to do. It all comes down to how that lease would be structured.
Dunleavy, who was coach and GM of the Clippers most recently, wanted to move into more of a front office role and tried to make that happen with the Clippers (helping push Elgin Baylor out the door).
There is a second group led by Hornets minority owner Gary Chouest waiting in the wings. Chouest had been in negotiations with former Hornets owner George Shinn to buy the team, when those talks broke down Shinn sold the team to the league to get out from under it.
I don’t know how good an ownership group this would be, or if Mike Dunleavy is really the perfect guy for the job. But it’s a better option than the league continuing to own the team.
Minnesota is one of the NBA’s best positioned up-and-coming teams. They have a franchise cornerstone in Karl-Anthony Towns, a quality No. 2 in Andrew Wiggins, maybe like Zach LaVine can blossom into an All-Star, and players such as Gorgui Dieng and Nemanja Bjelica could be part of the picture. Maybe Ricky Rubio, too, although he’s further along his career arc. A lot of people look at this team and think around 2020, when the Warriors fade (or break apart), the Timberwolves can step up to elite.
Tom Thibodeau is apparently not willing to be that patient — he’s looking to get in the Paul George/Jimmy Butler talks, reports Adrian Wojnarowski of the Vertical at Yahoo Sports.
Thibodeau helped develop Butler in Chicago and they have a great relationship, he certainly makes the Timberwolves better next season. Same with George, although he’s a rental who almost certainly bolts after the coming season
My question to the Timberwolves: Why?
What was wrong with the building trajectory they are on? I get it, they haven’t been to the playoffs since 2004, a ton of money was just sunk into upgrades at the Target Center, and the owner is not getting younger. Those are all non-basketball reasons to screw up what the basketball side is doing right. It’s the mistake of poor franchises to let that happen.
Could the Timberwolves use a point guard of the future, more depth on the wings and better defenders all around? You bet. But they don’t need to rush the development program either. If Minnesota can land Butler only giving up Rubio and a protected future first or something, sure, but the Bulls continue to ask a very high price for a deal.
Outside of personal feelings, why would the Timberwolves do that?
The Spurs trading LaMarcus Aldridge – they’re reportedly shopping him – could open enough cap space to sign Chris Paul.
But that isn’t the only reason San Antonio is trying to move Aldridge.
Sam Amick of USA Today:
According to a person with knowledge of the Spurs forward’s situation, it’s the 31-year-old’s unhappiness in San Antonio that is the driving force behind the Spurs’ trade talks on Thursday. The five-time All-Star, according to the person, is hopeful that San Antonio can find a better fit for his talents.
Rumors about the Spurs trading Aldridge emerged early in the season, as he was reportedly unhappy about Kawhi Leonard getting the spotlight. When Aldridge signed with San Antonio, it seemed Leonard could do the heavy lifting as the team’s best player and Aldridge could get outsized credit as the leading scorer. But Leonard has emerged as the go-to offensive player, pushing Aldridge into a supporting role both in reality and reputation. Gregg Popovich calling out Aldridge publicly during the playoffs surely didn’t improve relations.
Aldridge turns 32 this summer and will likely become a free agent after next season. Wanting to leave the Spurs – held up as the NBA’s best culture – will raise additional red flags.
San Antonio might not get as much as it hopes in a trade for Aldridge. If Chris Paul is coming, the Spurs wouldn’t need as much for Aldridge. But they won’t know about Paul until July.
San Antonio also values building a roster of players who’ve, as Popovich puts it, “gotten over themselves.” If that’s not Aldridge, the Spurs might not want to keep him around.
There are numerous factors to weigh and incomplete information, but this is the twisting road San Antonio is navigating.
Knicks president Phil Jackson’s asking price for Kristaps Porzingis is reportedly “massive.”
Just what does that mean?
Frank Isola of the New York Daily News:
According to a Knicks source, Jackson is asking for the third overall pick in Thursday’s draft as well as next year’s Brooklyn pick along with Jaylen Brown and Jae Crowder. This version of the deal would not include Boston taking on Joakim Noah‘s contract.
All the Knicks fans who threatened to relinquish their fandom if the team traded Porzingis – most would love this deal.
Would the Celtics? I doubt it.
The question is whether there’s a middle ground between what New York wants and what Boston would do. It’s possible Jackson won’t budge and is just shopping Porzingis on the off chance someone accepts outlandish requests like these and to teach Porzingis a lesson for skipping his exit meeting.
Like I said, there are better reasons to criticize Phil Jackson than him saying his priority was the Knicks and that he had discussed trading Kristaps Porzingis.
Jay Williams of ESPN:
A top-15 draft pick told me the other day, because we were involved in this out of this conversation about Phil Jackson and the Knicks, and he said, “Phil Jackson was falling in and out of sleep in my workout.”
Yes. “Falling in and out of sleep at my workout.” This is what this guy told me.
Especially given Jackson’s salary and reputation for not being a diligent worker, this story is too good to check out.