chris hansen seattle

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


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.

Report: NBA increases 2017-18 salary-cap projection to $103 million

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The NBA is reportedly closing in on a new Collective Bargaining Agreement, and the new deal will still call for owners and players to split Basketball Related Income about 50-50.

So, July’s projection of a $102 million salary cap in 2017-18 still carries weight – except it’s been updated.

Brian Windhorst of ESPN:

Why the change?

Perhaps, the shortfall adjustment – which increases the cap when teams don’t spend enough the previous year – is being revised in the new CBA.

More likely, the league anticipates more revenue. These projections tend to start conservative then rise as July nears.

Rip Hamilton says 2004 Pistons would beat 2016 Warriors

CLEVELAND - FEBRUARY 22:  Richard Hamilton #32 of the Detroit Pistons looks up during the game against the Cleveland Cavaliers on February 22, 2009 at the Quicken Loans Arena in Cleveland, Ohio.  The Cavaliers won 99-78.  NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement.  (Photo by Gregory Shamus/Getty Images)
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Add Rip Hamilton to team #getoffmylawn.

The long list of veteran players who somehow feel their legacy is threatened by this era’s Golden State Warriors and their freestyling system has now added one of the key players from the 2004 Pistons title team to their ranks. CBS’ NBA Crossover asked the masked man Rip Hamilton about it, and he thought the vaunted Pistons defense was well designed for dealing with the Warriors.

“It would be no comparison.” Hamilton said on CBS Sports’ NBA Crossover. “We can guard every position. Every guy from our point guard to our five, can guard any position. We were big. We were long.”

Hamilton is right that it would be an interesting defensive matchup. The book on the Warriors — especially when facing the smaller “death lineup” — is to switch everything, and those Pistons would have been well suited to that task. Of course, there are two ends of the court and the Warriors are also a good defensive team going against a Pistons team that had limited offensive options (people underestimate how great Chauncey Billups was playing during that 2004 playoff run, he was elite, but that was not a deep offensive team). The real issue would have been pace — the Warriors want to play fast, the Pistons wanted to grind it out, who won that battle would be huge?

But that last graph talking strategy doesn’t address the biggest question: Whose rules are the games played under? 2016 or 2004?

Those 2004 Pistons were the height of the grabbing/hand-checking on the perimeter era that would be an automatic foul today. (There was a lot more hand checking uncalled in the NBA last season, but not the level of grabbing and holding that was allowed in 2004 and before back into the Jordan era.)

Tayshaun Prince said it well.

“It depends on what the rules are.” Prince said. “Because back when we played, we could play hands-on, physical. As you can see from the Pacers rivalries and all of the rivalries we had back in the day, we were scoring in the high 70s, low 80s. We were physical. So now if you play this style of play, where they’re running and gunning and touch fouls and things like that, all of sudden we would start getting in foul trouble because back when we played, we were very, very aggressive on defense.”

He gets it.

The Warriors are built for this era of basketball, one where the rules encourage space so players to have freedom and can be more creative with their playmaking. The Pistons were built for the 2004 physical games of that era. (And most of you who remember that era fondly do so through rose-colored glasses, there’s a reason ratings were down for those 84-78 slugfests.) It’s possible to have great teams built differently for different eras and say that’s okay.

But it’s the nature of sports fandom to compare things that can’t actually be compared apples to apples. So have at it in the comments (and I expect one person to tell us how Jordan was better than all of them, because somehow people always feel the need to defend his legacy in these debates).

51 Questions: Does Al Horford change perception of Celtics?

al horford

We are in the final days PBT’s 2016-17 NBA preview series, 51 Questions. For the past month we’ve tackled 51 questions we cannot wait to see answered during the upcoming NBA season. Today:

Does Al Horford change the perception of the Celtics?

This summer, Al Horford shattered the myth that Boston couldn’t attract elite free agents.

It was always a perception that lived more in the heads of frustrated Celtics fans than it did NBA reality. The Larry Bird-era Celtics didn’t attract free agents because there wasn’t free agency until that dynasty was starting to slide (and free agency didn’t fully take hold for a few years after that). Then the Celtics struggled for a long stretch, and we know it’s hard to get players to go to a team that’s not winning. During the most-recent big three era, the Celtics did land name free agents — Rasheed Wallace, Jermaine O’Neal, Shaquille O’Neal, Jason Terry — that helped round out a roster already loaded with stars.

The past couple of summers, Celtics fans saw the potential, but the reality was the team was not yet ready to win on the big market — even as much as players raved about Brad Stevens as coach. It took the Celtics getting to 48 wins and showing real promise to get the attention of top free agents. Last summer the Celtics finally in position, and they got their man in Horford.

Now Horford should put that perception to rest.

For one thing, he will throw open the door to more wins — just through the preseason the spacing of the Celtics’ offense looks better than last season. Watching them through these games, the early high dribble-hand-off move the Celtics often use between Horford and Isaiah Thomas to initiate the offense has defenses spread out. Follow that with good ball movement off the multiple actions from that early set and defenses scramble with help coverages. Celtics are getting open looks. The Celtics pretty-good-but-defendable-in-the-playoffs offense of last season already looks far more dangerous, plus we know Horford will help on defense, too.

Horford puts the Celtics on the brink of contention, either the second or third best team in the East (depending on what you think of Toronto). If you’re worried about perception, know that other players (and their agents) notice that. They notice the ball movement, they notice the players like the coach. Another strong season will cement Boston as a team where other stars will want to go because of that coach, because of the system, because they can win, and most importantly because they can get paid (it’s always about the money).

In that sense, Horford does change the perceptions of the Celtics. Although Stevens had already started that process, opening the door for Horford.

It remains more likely that the next star the Celtics land is via trade. They have the picks, they have the young players a team losing a star and considering a rebuild likely wants, plus they have a couple interesting veterans whose contracts only have a couple of years left — Avery Bradley and Isaiah Thomas. It’s the worst-kept secret in the NBA — right up there with Rudy Gay is not loving Sacramento — that Celtics’ GM Danny Ainge is working the phones for any star player who becomes available. What’s holding those deals up is not a perception of the Celtics, it’s that trading for a star is difficult. Very difficult.

Celtics fans, enjoy what should be a very special season. Boston had the point differential of a 50-win team last season, and Horford makes them better on a number of levels. This is a team poised for a strong regular season and a deep playoff run. They are still a player away from challenging the team LeBron James is on, but so is everyone else east of Oakland. That shouldn’t diminish the joy of the ride this season.

And know the perception around the league of the Celtics is very good.

Anthem singer at Heat-76ers game kneels during performance (video)


MIAMI (AP) — A woman performing the national anthem before an NBA preseason game in Miami on Friday night did so while kneeling at midcourt, and opening her jacket to show a shirt with the phrase “Black Lives Matter.”

The singer was identified by the Heat as Denasia Lawrence. It was unclear if she remained in the arena after the performance, and messages left for her were not immediately returned.

Heat players and coaches stood side-by-side for the anthem, all with their arms linked as has been their custom during the preseason. Many had their heads down as Lawrence sang, and the team released a statement saying it had no advance knowledge that she planned to kneel.

“We felt as a basketball team that we would do something united, so that was our focus,” Heat coach Erik Spoelstra said. “Throughout all of this, I think the most important thing that has come out is the very poignant, thoughtful dialogue. We’ve had great dialogue within our walls here and hopefully this will lead to action.”

The anthem issue has been a major topic in the sports world in recent months, starting with the decision by San Francisco 49ers quarterback Colin Kaepernick to not stand for its playing. Kaepernick cited racial injustice and police brutality among the reasons for his protest, and athletes from many sports – and many levels, from youth all the way to professional – have followed his lead in various ways.

“All I can say is what we’ve seen in multiple preseason games so far is our players standing for the national anthem,” NBA Commissioner Adam Silver said in New York earlier Friday, at a news conference following the league’s board of governors meetings. “It would be my hope that they would continue to stand for the national anthem. I think that is the appropriate thing to do.”

The NBA has a rule calling for players and coaches to stand during the anthem.

Heat guard Wayne Ellington often speaks about the need to curb gun violence, after his father was shot and killed two years ago. He had his eyes closed for most of the anthem Friday, as per his own custom, though was aware of Lawrence’s actions.

“At the end of the day, to each his own,” Ellington said. “If she feels like that’s the way she wants to stand for it, then more power to her.”

Making a statement in the manner that Lawrence did Friday is rare, but not unheard of in recent weeks.

When the Sacramento Kings played their first home preseason game earlier this month, anthem singer Leah Tysse dropped to one knee as she finished singing the song.

Tysse is white. Lawrence is black.

“I love and honor my country as deeply as anyone yet it is my responsibility as an American to speak up against injustice as it affects my fellow Americans,” Tysse wrote on Facebook. “I have sung the anthem before but this time taking a knee felt like the most patriotic thing I could do. I cannot idly stand by as black people are unlawfully profiled, harassed and killed by our law enforcement over and over and without a drop of accountability.”