Steve Nash Kobe Bryant

Steve Nash traded to Lakers for package of picks


The Los Angeles Lakers just lost out on getting Chris Paul just before last season, but it looks like they now have the point guard that turns them into a contender again. They are now the West Coast superstar team to compete with the Miami Heat.

Multiple sources say the Suns have come to a deal to send Steve Nash to the Lakers for L.A.’s 2013 and 2015 first-round picks and 2013 and 2014 second-round picks

First to report this was John Gambadoro, a Phoenix area radio host who tweeted:

Nash to LA for multiple picks all but done!!!

ESPN’s Marc Stein confirmed and added this is a story:

 Sources told that the Nash, with the New York Knicks also pressing hard to complete a simiilar sign-and-trade deal, was swayed to join the Lakers after a determined push from Kobe Bryant and because the move not only keeps him in the title hunt but will allow Nash to stay in close proximity to his three children in Phoenix.

Nash will receive a three-year deal in excess of $25 million, sources said, because the Suns ultimately agreed to sign-and-trade him to the Lakers, who can absorb Nash via the trade exception they created by dealing Lamar Odom to the Dallas Mavericks in December.

Being close to his family that is in Phoenix while still being with a contender was “90 percent” of the reason for the decision, Nash’s agent Bill Duffy told Marc Berman of the New York Post.

Nash wanted this and the Suns relented because he stayed with them before, because of the good relationship they had for the past eight years.

Frank Isola, a New York Daily reporter we trust (and NBC Sports Network regular) tweeted this:

One of Steve Nash’s close friends is convinced that he’s ending up with the Lakers. So there’s that. (Will they let him wear Wilt’s No. 13)… I promise to listen to Steve Nash’s friend from now on. He was saying Lakers all day.

We told you recently that the Lakers wanted to get in the Steve Nash sweepstakes. And you can see why the Lakers would want Nash — they have about a three-year window with Kobe Bryant, and you put Nash with Kobe and Pau Gasol and Andrew Bynum and suddenly the Lakers are right there with the Heat (and the Thunder). After two years of second round exits the Lakers are title contenders.

By moving their picks the Lakers have sold out to win now. Which is the smart play for them. They are maximizing a championship window.

This deal seemed like a long shot because we knew Suns fans would want to hang owner Robert Sarver in effigy. At least. And reports had the Raptors offering $12 million and the Knicks closing in on a deal. The Lakers seemed to be on the outside.

However, it is a reality. Nash likely steps into the nearly $9 million trade exception the Lakers had from moving Lamar Odom a year ago.

And somewhere, Kobe Bryant is smiling.

Report: Rockets will try to sign Alessandro Gentile next summer

Alessandro Gentile, Paulius Jankunas
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The Rockets tried signing Sergio Llull this summer, but he opted for a long-term extension with Real Madrid.

So, they’ll just turn to another player in their large chest of stashed draft picks – Alessandro Gentile.

Marc Stein of ESPN:

Gentile, who was selected No. 53 in the 2014, is a 22-year-old wing for Armani Milano. He’s a good scorer, but he primarily works from mid-range – an area the Rockets eschew. He can get to the rim in Europe, but his subpar athleticism might hinder him in the NBA.

If Gentile comes stateside, he’ll face a steep learning curve. But he’s young enough and talented enough that he could develop into a rotation player.

Report: Hawks co-owner made more money by exposing Danny Ferry’s Luol Deng comments

Michael Gearon, Bruce Levenson
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A terribly kept secret: Hawks co-owner Michael Gearon Jr. wanted to get rid of general manager Danny Ferry.

Many believe that’s why Gearon made such a big deal about Ferry’s pejorative “African” comment about Luol Deng – that Gearon was more concerned about ousting Ferry than showing real concern over racism.

Gearon had another, no less sinister, reason to raise concern over Ferry’s remarks.

Kevin Arnovitz and Brian Windhorst of ESPN:

While Gearon felt that Ferry, as he wrote in the June 2014 email to Levenson, “put the entire franchise in jeopardy,” Gearon also figured to benefit financially from a Sterling-esque fallout.

In the spring of 2014, Gearon was in the process of selling more of his interest in the team to Levenson and the partners he had sold to in September. The agreed-upon price for roughly a third of Gearon’s remaining shares valued the Hawks at approximately $450 million, according to reports from sources.

“We accept your offer to buy the remaining 31 million,” Gearon wrote in an email to Levenson on April 17, 2014. “Let me know next steps so we can keep this simple as you suggested without a bunch of lawyers and bankers.”

Approximately five weeks later — just a little more than a week before the fateful conference call — Steve Ballmer agreed to pay $2 billion for the Clippers, a record-smashing price that completely changed the assessed value of NBA franchises. Gearon firmly maintains he was acting out of the sincerity of his convictions to safeguard the franchise from the Sterling stench, but such a spectacle also allowed him to wiggle out of selling his shares at far below market value.

Gearon and his legal team later challenged the notion that the sell-down was bound by any sort of contractual obligation and that any papers were signed. Once the organization became involved in the investigation, the sale of the shares was postponed.

Arnovitz and Windhorst did an incredible amount of reporting here. I suggest you read the full piece, which includes much more background on the Gearon-Ferry rift.

Considering the Hawks sold for $850 million, Gearon definitely made more money than if he’d sold his shares at a $450 million valuation.

Did that motivate him? Probably, though it doesn’t have to be one or the other. Most likely, his actions were derived from at least three desires – making more money, ousting Ferry and combating racism. Parsing how much each contributed is much more difficult.

What Ferry said was racist, whether or not he was looking at more racism on the sheet of paper in front of him. His comments deserved punishment.

But if Gearon didn’t have incentive to use them for his own benefit, would we even know about them? How many other teams, with more functional front offices, would have kept similar remarks under wraps or just ignored them?