Ridiculous report of Kings to Virginia Beach out there

18 Comments

The Sacramento Kings are not moving to Virginia Beach.

We’ll start there then go to the reports that started the whole Internet buzz on Thursday.

Next week a group of business leaders in the Virginia City area will make a pitch to their City Council about starting the process to build a new arena in that city, reports the Virginian-Pilot. The kind of arena that would house an NBA team. Good for them, dreaming big.

You can bet one of those people reached out to the Kings ownership — the Maloof family — as a preliminary feeler. From there things seemed to spiral out of control and well away from logic.

Business Insider — a publication based out of Virginia — wrote a story saying about the effort to build a stadium and adding the Sacramento Kings were part of the effort and seemed willing to move across the country to the Virginia Beach/Norfolk market.

The owners of the Sacramento Kings, an NBA franchise, and officials from Philadelphia-based Comcast-Spectacor are expected to be in Virginia Beach Tuesday to propose moving the team to the resort city and for Comcast to help build and lease a new pro sports arena.

Media giant Comcast will guarantee a 25-year lease on a new arena, supposedly for naming rights and for broadcasting the games, sources said. Comcast owns NBC and Global Spectrum, which operates arenas and stadiums across the country including the Ted Constant Convocation Center at Old Dominion University.

City officials and the Maloof family are expected to announce Wednesday that the Kings will land in Virginia Beach, sources said.

Here is part of the litany of problems with this concept:

• No source of any substance anywhere thinks this is happening. That includes sources in Sacramento.

• The Maloofs are looking for a partner right now, someone who will pay for a new arena but leave them with majority control of the team. Good luck with that, by the way. But that is not what is proposed here.

• Any move of the Kings will have to be approved by other NBA owners, most of whom are not thrilled with how the Maloofs have handled the situation in Sacramento. Let’s just say right now there is not a lot of good will out there to help the Maloofs out and get them to another market around the league.

• Virginia Beach/Norfolk is the 43rd largest television market in the nation, much smaller than the greater Sacramento area (20th largest). It would be the third smallest television market for an NBA team, ahead of only Oklahoma City and New Orleans. To be fair, the NBA will move teams to smaller markets (Seattle to Oklahoma City) but it is not the preferred move by owners.

• They are talking about the feasibility of building a new arena. Anybody who has followed what it takes to get an arena built knows that from feasibility to open doors it is about four years if everything goes smoothly. And things never go smoothly. So think five or six years from now before this new home opens. That is behind the pace of proposed projects in Seattle, and well behind things like the already built and open Sprint Center in Kansas City. Or even the already built arena in Anaheim the Maloofs are already eyeing.

• Which is to say, even if Virginia Beach builds an arena it’s unlikely the Kings will be in it.

• For the record, I have had no contact with anyone from Comcast or NBC about this story.

Pistons’ Kentavious Caldwell-Pope suspended two games for DUI

Leave a comment

This is the standard penalty for coaches and players hit with a DUI. I don’t think the penalty is stiff enough in general for a serious issue, but this is the precedent that has been set.

Detroit Pistons’ guard Kentavious Caldwell-Pope has been suspended two games by the NBA for “pleading guilty to operating a motor vehicle while intoxicated, in violation of the law of the State of Michigan,” the NBA announced. He will miss the first two games of next season.

This will not stop Caldwell-Pope from getting PAID this summer.

A quality wing defender who hit 35 percent from three last season, he plays a position of need for a lot of teams and he is a restricted free agent. Other teams with cap space — Brooklyn and Sacramento come to mind — could step in and give him a max or near max offer. Then Stan Van Gundy needs to decide if he is going to match. He may not have much of a choice, if he wants to keep Andre Drummond and build an inside-out team around him, he needs Caldwell-Pope, and the Pistons don’t have the cap space to replace him.

One way or another, Caldwell-Pope is in line for a massive pay raise. This suspension will not slow teams, it just takes a little money out of his pocket.

 

Lonzo Ball tops Rookie of the Year early betting odds

2 Comments

If you are betting right now on next year’s NBA Rookie of the Year award, you are a die-hard fan of your team and their new addition. Or, you have a problem and need to seek help. Maybe both.

Either way, the people at the gambling site Bovada have posted the early betting odds for the ROY award for next season.

Lonzo Ball (Lakers) 5/2
Ben Simmons (76ers) 3/1
Markelle Fultz (76ers) 5/1
De”Aaron Fox (Kings) 7/1
Josh Jackson (Suns) 9/1
Jayson Tatum (Celtics) 9/1
Jonathan Isaac (Magic) 16/1
Malik Monk (Hornets) 16/1
Dennis Smith (Mavericks) 16/1
John Collins (Hawks) 20/1
Justin Jackson (Trail Blazers) 22/1
Lauri Markkanen (Bulls) 22/1

Yes, Ben Simmons is in the mix.

The two bets I like here, if I were a gambling man, are Jackson in Phoenix and Dennis Smith in Dallas. I doubt Smith wins it, but Mavs coach Rick Carlisle said after the draft Smith will start for them next year, which means he gets opportunities and can rack up assists feeding Dirk Nowitzki at the elbow for a year.

Jackson is going to be unleashed in an up-tempo Suns offense where he will be the defender they need on the wing, play with high energy, and get buckets in transition. Winning ROY is as much about fit and opportunity as talent, and Jackson has landed in a good spot.

Paul George-Gordon Hayward-Celtics rumor doesn’t add up

AP Photo/George Frey
2 Comments

Paul George reportedly wants to play with Gordon Hayward. George is also reportedly willing to join his desired team (universally accepted to be the Lakers) by means that don’t guarantee the highest salary.

Could the Celtics – who are pursuing Hayward in free agency – leverage those conditions into getting George?

Adam Kauffman of 98.5 The Sports Hub:

I don’t what George would do, but it’d be a MAJOR financial disadvantage to go this route.

There a couple ways it could happen – George getting extended-and-trade or George getting traded then signing an extension six months later. The latter would allow George to earn more than the former, but even if he pledged to sign an extension, would the Celtics trade for him knowing he’d have six months to change his mind if he doesn’t like Boston as much as anticipated?

There’s a bigger issue, anyway. Both extension routes would leave George earning far less than simply letting his contract expire then signing a new deal, either with his incumbent team or a new one.

Here’s a representation of how much George could earn by:

  • Letting his contract expire and re-signing (green)
  • Letting his contract expire and signing elsewhere (purple)
  • Getting traded and signing an extension six months later (gray)
  • Signing an extend-and-trade (yellow)

image

Expire & re-sign Expire & leave Trade, extend later Extend-and-trade
2018-19 $30.6 million $30.6 million $23,410,750 $23,410,750
2019-20 $33.0 million $32.1 million $25,283,610 $24,581,287
2020-21 $35.5 million $33.7 million $27,156,470 $25,751,825
2021-22 $37.9 million $35.2 million $29,029,330
2022-23 $40.4 million
Total $177.5 million $131.6 million $104,880,158 $73,743,861

Firm numbers are used when it’s just a calculation based on George’s current contract. When necessary to project the 2018-19 salary cap, I rounded.

The Celtics could theoretically renegotiate-and-extend, but that would require cap room that almost certainly wouldn’t exist after signing Hayward.

Simply, it’s next to impossible to see this happening. It’d be too costly to George.

Dwyane Wade on why he exercised his player option: ’24 million reasons’

4 Comments

Dwyane Wade said he wanted to see the Bulls’ direction – winning now with Jimmy Butler or rebuilding? – before deciding on his $23.8 million player option for next season.

While Chicago was actively shopping Butler (before eventually trading him to the Timberwolves), Wade opted in, anyway.

David Aldridge of NBA.com:

This is most real answer answer you’ll ever see. Props to Wade for his directness.

This also speaks to the unlikelihood of him accepting a buyout, no matter how poorly he fits with the rebuilding Bulls now – though maybe he’d accept a small pay cut to choose another team.