Will Seattle billionaire Chris Hansen drastically overpay for the Sacramento Kings?

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News of billionaire Chris Hansen striking a deal with the Seattle City Council hit the wire late Monday night, as the sides have agreed to a framework on an arena deal that moves them a few smaller hurdles away from becoming an NBA-ready city (courtesy of Chris Daniels of King 5 in Seattle).

In a bit of twisted irony, the city that had its team stolen away will now set its sights on any available team, and there is no team that is more available than the Sacramento Kings, who nowadays have a different rumored destination every week.

This most recent news solidifies Seattle’s place on the top of that list, though they still need the Maloofs to sell, and they still have to outdo Sacramento. Neither task should be considered a slam dunk, or even likely at this point.

The idea that Sacramento could lose its team, of course, is a black eye for the league as the city has supported its team in every conceivable way, including where it counts financially and at the ticket gate. The only reason we’re having this discussion is because the Maloof family, internal squabbles aside, doesn’t want to be there.

Their roots are in New Mexico, Los Angeles, and Las Vegas, and being broke in relative NBA owner terms they’re looking for a short-term infusion of cash, which they hope to find by moving the team to another city that will both build them an arena and also let them keep the profits from it.

Cities such as Virginia Beach, Louisville, Vancouver, Kansas City, and the like are potential candidates if anything because they’re willing to pay to be on the NBA map. But the math starts to get fuzzy because the markets are smaller than Sacramento, and the Maloofs end up no better off than they were in Sacramento over the long haul.

That, and the NBA doesn’t really want those markets, at least not at the expense of Sacramento, where the league enjoys the No. 20 sized TV market without interference from other sports leagues. When you factor in the public relations hit of moving the team – it’s hard to see the league supporting a move and to date we have not.

Even when considering a larger market like Anaheim, the league isn’t falling all over itself to allow a move. The NBA blocked the Maloofs’ relocation attempt last year after Sacramento mayor Kevin Johnson raised over $10 million in untapped sponsorships at the drop of a hat and promised a viable arena deal. Things seemed to be moving along reasonably well and a deal for a new arena was agreed to in principle during All Star weekend in Orlando.

But that was before George Maloof created a how-to-guide for burning bridges in Sacramento. He torched the deal live on public television in a tirade for the ages, and any goodwill that was leftover at the league offices was probably lost. Commissioner David Stern has used measured words in describing the arena situation since then, and none of them have painted the Maloofs in a flattering light.

In fact, the commissioner would probably like to see the family sell the team, but as usual the issue comes down to money, antitrust law, and the other 29 owners that one day will be negotiating with both the league office and their home city about something.

Aside from not wanting anybody to tell them what to do, owners want the right to move their teams to the cities they feel they can make the most money in. Leagues don’t like to allow this as it creates a number of problems, and the courts have found that the intersection of those opposing ideals lies in the concept of a relocation fee. Relocation fees are the amount that a league can charge to indemnify parties that are damaged by an owner’s decision to move.

The law is much more detailed than this, and the case law that has been favorable to relocating owners isn’t an exact match to the situation in Sac, but one thing is clear – neither party wants to land in court over this.

And that’s why the Kings arena situation has been allowed to play out, to the detriment of the league’s image, and as an affront to the other 29 owners that one day will have to negotiate with their municipalities.

While it’s unclear right now what impact the Maloofs’ apparent bad faith dealings in Sacramento will have on other team owners seeking public subsidies, a small shift in public sentiment could cost the league and its players tens of millions of dollars and a large scale shift could put the billion dollars the league has received in subsidy back on its balance sheet.

But even with the Maloofs’ name now toxic inside the league and out, to the point it’s being pulled off the signage at the Palms, the league cannot afford a bad ruling in an antitrust case. Aside from treble damages the Maloofs would seek, which are significant, a bad ruling would be held over all sports leagues’ heads by owners wanting to play franchise free agency.

The best hope for the league has always been to see the issue play out on its own, with the Maloofs realizing that they have no options besides going back to the city with its hat in its hand, or selling the team outright.

And with Seattle standing in the on-deck circle and doing what they need to do to land itself an NBA franchise, the question on everybody’s mind is whether or not Hansen will be able to drastically overpay for the Kings.

The Maloofs owe about $70 million to the city of Sacramento and well over $100 million to the NBA, and a sales price in excess of $400 million is needed to give the 43 percent stakeholders an easy way out of Dodge. Considering the franchise is valued at $300 million by Forbes, which is a generous valuation, Hansen would need to hope that the bump of moving to a larger market in Seattle and owning land near the arena would justify the Maloofs’ likely asking price.

But more importantly, when you factor in a relocation fee, which sources tell me will be assessed to give Sacramento buyers a fair shot at buying the team, Hansen could be looking at $500 million or more to buy the Kings. After paying $300 million and counting to build an arena, that’s approaching a billion dollars to get in the game.

It’s possible that the man known for his patience will wait for a less toxic situation to pop up, and it’s fair to wonder now if the league would reconsider expansion now that multiple cities have expressed interest in NBA clubs.

As for Hansen’s involvement with the Kings, he said weeks ago that he had not made an offer to purchase the Kings after a local report emerged saying otherwise. If he decides to make a play for the team, and assuming the Maloofs are ready to cry uncle, it probably puts Sacramento on notice that it’s time to formalize an offer to buy the team.

Sources on the city’s side have indicated that they have more than one buyer lined up, and ultimately Seattle’s progress could force some sort of endgame here. If the goal is to sell for the Maloofs, then they will likely have squeezed the best sales price out of Sacramento that is possible, and anything close to a Seattle offer (after the relocation fee) will likely be supported by the league.

If the Maloofs still don’t want to sell, they’ll continue to play the dating game with other cities and the league will continue to deal with a public relations nuisance. The family will not get a different arena deal in Sacramento, and any talk of renovating the unrenovatable Arco Arena with public funds has been met with collective laughter both inside and outside of the city.

Even if the Maloofs can find a sweetheart deal somewhere else, it’s unlikely that they’ll have the clout to force a move the league doesn’t want. Sure, they may have some antitrust law on their side, but they probably can’t afford the lawsuit and even if they win, they’re left in a place where they’re not wanted. They don’t have the fortitude of antitrust victor and deceased Raiders owner Al Davis. And other than George, they want to be wanted.

In Sacramento, the framework for a deal exists not just for the Maloofs but for any owner that wants to pick up the ball and run with it.

The deal that was struck between the city, arena giant AEG, and the NBA is still considered a good deal by each of those parties, and the only thing that would theoretically change are the owner contributions. In a concept the Maloofs cannot come to grips with, if a new owner wants to pay more for arena construction they can enjoy more of the profits.

Unlike anywhere else in the country, including Seattle, an agreement can be reached in Sacramento under the current terms and design could start within about a month according to sources.

As usual, though, the story goes right back to the Maloofs and whether or not they’re ready to face the music. They can’t do nothing, as Arco Arena is dilapidated and barely up to NBA code. They’ll eventually need to do more than polish the concourse floors.  Eventually, they’ll either need to take the Sacramento offer, try to make something out of nothing in an unlikely move out of town, or sell the team.

And when the music stops and the only thing left to do is sell, will Hansen or any other buyer want to drastically overpay for this particular franchise to the extent that Sacramento can’t match the offer?

Until these questions are answered or the Maloofs are nudged out the door with greater efficiency, Sacramento Kings fans have to endure the same fears that plagued Sonics fans before their team was ultimately ripped away.  And that’s just not right.

Salah Mejri threatened to come to Blazers locker room after Jusuf Nurkic tussle

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The Portland Trail Blazers and Dallas Mavericks had a game of many emotions on Saturday night at Moda Center. Of course, the game wasn’t that close — Portland led by 17 at the half and finished the game by beating Dallas, 117-108.

But as we’ve seen in the NBA recently, the propensity for NBA players to get into physical spats is high. So it was no surprise that we saw yet another scrum between NBA players on the east side of the Willamette on Saturday as Dallas’ Salah Mejri got tangled up with Jusuf Nurkic and Evan Turner.

The play began with Nurkic getting a clean block on Mejri. Because of the position of the two players, Nurkic’s arm was angled as such that after the block it came clean through to rest on Mejri’s shoulder. Mejri turned, and the whole thing became a tangle of arms and elbows.

Neither Mejri or Nurkic took kindly to that, so the two squared off. Nurkic gave Mejri an ineffectual little push, while Portland’s Evan Turner jumped in to hold Mejri back. The Mavericks center promptly flopped all the way to the ground, inexplicably grabbing his face. It was Premier League-level flopping from Mejri, just top notch stuff.

Via NBC Sports Northwest:

After the game, Turner told media that Mejri threatened to come get the Blazers.

“He’s like ‘I’ll come to the locker room!'” said Turner. “Out of a 225 lb. dude [Turner] a 275 lb. dude [Nurkic] and a 7-footer [Mejri] who hit the ground?”

Portland’s CJ McCollum didn’t seem too impressed with the threat.

“If they really want to fight, they know where to find people,” said McCollum.

Much like any arena, the visiting locker room is just down the hall from the home squad at Moda Center, so it would have been easy for Mejri to get to. Nothing happened, so it turned out as an empty threat.

Meanwhile, Turner was assessed a technical foul for the tussle — presumably for “pushing” Mejri. There was notable tension the rest of the game between Mejri, Nurkic, and the crowd at Moda Center, but nothing else of consequence happened.

LeBron James: “We could easily get bounced early in the playoffs”

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Cleveland’s defense was pathetic Saturday and the Thunder routed them because of it. The Cavaliers gave up 148 points, allowed the Thunder to shoot 58 percent, and basically were little more than traffic cones for Russell Westbrook, Paul George and the rest of the Thunder to dribble and pass around. The Cavaliers have lost 8-of-11 and coach Tyronn Lue’s seat is getting warm.

Can the Cavaliers even get out of the East? LeBron James wasn’t even asking that question after the Saturday loss, he wants his team to get to the conference finals first. Via Dave McMenamin of ESPN.

“Playoffs? We can’t even start thinking about that, not the way we’re playing right now,” James said. “We could easily get bounced early in the playoffs if they started next weekend. Haven’t even began thinking about the postseason.”

It’s January, it’s far too early to write LeBron and the Cavaliers off — his teams have won the East for seven straight seasons in a row for a reason. Cleveland’s mid-season malaise is a thing and they snap out of it, Isaiah Thomas will find his legs and play better, but this season has shown some troubling structural flaws in the Cavaliers. Ones that could bite them in the playoffs. Ones they are active in the trade market trying to address, or at least shore up a little.

Nobody around the league is comfortable picking against a LeBron team in the East — he has been to seven straight Finals for a reason (and how impressive an achievement that is gets overlooked). But this seems to be the weakest LeBron team since he bolted Cleveland (the first time?), and a second-round matchup vs. Toronto is no gimme anymore. LeBron is right to be concerned.

Former LSU star, Trail Blazer Tim Quarterman arrested after leading police on high-speed chase

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If you missed Tim Quarterman’s cup of coffee in the NBA nobody can blame you. The 6’6″ point guard was a star at LSU who went undrafted but got a chance to earn a roster spot in Portland. He bounced between the NBA and D-League last season playing in 16 games for the Trail Blazers, but then this summer was traded to Houston for cash, and the Rockets quickly waived him. He had signed to play in China but never got there due to visa issues, he did not play a game there.

Now he has some big trouble stateside. From Tupelo, Miss., television station WTVA (hat tip to the Times-Picayune):

Master Sgt. Ray Hall with the Mississippi Highway Patrol says the incident began sometime near 10:50 p.m. when troopers attempted to stop a 2018 Dodge Ram pickup truck for traveling eastbound on Highway 278 at a high rate of speed.

Quarterman failed to stop and led officers on the pursuit… The Mississippi Highway Patrol says the pursuit ended near (a family’s) home when Quarterman intentionally rammed a Pontotoc police officer causing both vehicles to crash.

Both Quarterman and the police officer were taken to a local hospital with minor injuries.

This led to charges of aggravated assault and felony fleeing, according to the report.

 

Rockets’ Clint Capela on Warriors: “We are better than them”

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Houston’s home win Saturday night against Golden State was much more important for the Rockets than the Warriors. Not in terms of the standings (Golden State is still 3.5 games up there), but about confidence — the Rockets needed to know they can beat the defending NBA champions. This game fueled their belief that they have a shot against the Warriors.

Houston big man Clint Capela was trying to say that… then took it a step too far.

Via Tim MacMahon of ESPN:

“We’re confident because we know if we’re doing what we’re supposed to do, we’re going to beat them,” Rockets center Clint Capela told ESPN. “We’ve got to keep playing. We know that they’re going to come back if we have the lead, and we’ve just got to keep that mindset. Sometimes I feel like, in the past, we were all dragging down after mistakes. But today, we were ready. I think that if we’re doing what we’re supposed to do on defense — all the switches, the weak side — and keep playing our offense by keeping that mentality all game long, we have the weapons to beat them.

“We are better than them.”

It goes without saying that January games are poor predictors of May playoff series. That said, I have two quick thoughts here:

• The Rockets are the team best built to have a legitimate shot at beating the Warriors. (They can score with Golden State, and they have good switchable defenders on the wing, the two things needed to have a chance.)

• I want guys to say this. I want teams going up against the Warriors to believe — that is the first step to actually doing it. You think the Cavaliers feel confident like this right now? The Rockets have the swagger and are over the intimidation factor, that’s step one.