Sale of AEG could impact more than 10 NBA teams

5 Comments

Tuesday night when we mentioned that AEG was for sale — that would be the entertainment and sports subsidiary of The Anschutz Co., run by Denver billionaire Philip Anschutz — the focus was on Los Angeles basketball. And with reason — AEG owns 40 percent of the Los Angeles Lakers plus the Staples Center where both the Lakers and Clippers play. Really, AEG is the driving force behind every major sport in Los Angeles except USC football.

But the impact of an AEG sale on the NBA is much, much bigger than just in Los Angeles. And if the units are not sold as one but are broken up into parts, things could get very interesting.

Henry Abbott at TrueHoop put together a partial list of teams that play in AEG buildings — the Spurs, Timberwolves, Nets (the new Barclays Center is part them), Grizzlies, Warriors, Blazers, Lakers, Clippers, Heat and Bobcats. AEG runs the Sprint Center in Kansas City, which is NBA team ready, all they need is a billionaire ready to buy and move a team there. AEG runs the arena in Louisville where they want to draw an NBA team. AEG owns and operates the O2 arena in London where NBA preseason games are a regular occurrence.

And that is a partial, condensed list.

AEG’s holdings go well beyond just the NBA and its buildings. They own Major League Soccer teams and buildings, they own movie theaters and shopping/entertainment centers (such as the LA Live facility across the street from Staples Center in Los Angeles). They own convention centers all over the globe.

AEG’s stated goal is to find one buyer to take over the entire company, a multi-billion dollar transaction. It is entirely possible that no one company wants all of it, instead the thing could be split up into a variety of smaller sales.

For example, the Los Angeles Times suggests the Madison Square Garden company would have interest in owning the Staples Center, the 40 percent of the Los Angeles Lakers, the NHL’s Kings (also owned by AEG) and maybe other stadiums. Which would be awesome, then James Dolan could let Isiah Thomas run the Kings.

The point is we’ll be following this, because a whole lot of NBA teams could be impacted by what happens with this sale.

Pat Riley: Friend talked me out of going Dan Gilbert when LeBron James left

Omar Vega/Invision/AP
2 Comments

When LeBron James left Cleveland, Cavaliers owner Dan Gilbert released his infamous letter.

When LeBron left Miami, Heat president Pat Riley issued a classy statement.

The difference was nearly not as stark following Riley’s final meeting with LeBron in 2014 in Las Vegas.

Wright Thompson of ESPN:

Riley told his lieutenant, Andy Elisburg, to get the two championship trophies LeBron had won and pack them in their hard-shell carrying cases. Elisburg also brought charts and an easel for a presentation about the free agents the Heat would pursue. The day of the meeting, a hotel bellhop followed them with a luggage cart carrying the presentation and the two trophies. Riley brought wine from a Napa vineyard named Promise. It was the same label Maverick Carter had presented Riley with when they did the deal four years earlier. Riley respects Carter, and when he walked into the suite and saw James with agent Rich Paul and friend Randy Mims but no Maverick, part of him knew the meeting wasn’t sincere. He told Elisburg to keep the trophies and easel in the hall. James and his associates were watching a World Cup game, which they kept glancing at during the presentation. At one point, Riley asked if they’d mute the TV.

Riley flew home worried and got a text telling him to be ready for a call. About 15 minutes later, his phone rang and Paul was on the other end. The agent handed the phone to LeBron, who started by saying, “I want to thank you for four years …”

“I was silent,” Riley says. “I didn’t say anything. My mind began to just go. And it was over. I was very angry when LeBron left. It was personal for me. It just was. I had a very good friend who talked me off the ledge and kept me from going out there and saying something like Dan Gilbert. I’m glad I didn’t do it.”

The most shocking element of Gilbert’s letter wasn’t that he wrote it. People say dumb things, especially in the heat of the moment. But it was surprising nobody stopped Gilbert from publishing it. Of course, he runs the franchise. But nobody felt empowered to tell him it was a bad idea?

Riley was obviously fortunate to get that message and wise to heed it. But even he has let his disdain for LeBron leaving slip out a couple times.

John Wall doesn’t sound super enthused about Dennis Schroder’s summer-workout request

AP Photo/John Bazemore
Leave a comment

The Wizards and Hawks are knotted in a 2-2 first-round series.

A subplot: John Wall vs. Dennis Schroder. They have a history – Schroder starting random trash talk and then telling a teammate to hack Wall’s recently injured wrist, according to Wall – and Wall stared down Schroder after a dunk in Game 2.

A sub-subplot: Wall’s and Schroder’s summer plans.

Chris Vivlamore of the Atlanta Journal-Constitution:

Wall, via Chase Hughes of CSN Mid-Atlantic:

“I’ve never heard of that going on in the middle of a series,” Wall said Monday after shootaround for Game 4 later tonight at Phillips Arena. “I’m not talking about it right now. I’m locked into a series competing with a guy that’s playing well for his team, competing for his team. That’s probably a conversation I’ll have later on, but I’m locked into Wizards versus Hawks.”

Aside from that, Wall tends to be a loner during the summer when he’s getting ready. He was supposed to work out with Damian Lillard a few seasons ago, but even that didn’t come to fruition. Teammate Brandon Jennings sensed that about Wall.

“I really don’t work out with anybody, to be honest,” Wall said. “Brandon said the same thing, ‘You’re the type of guy that don’t like to work out with people.’ I just always worked out by myself a lot.”

Maybe Schroder thinks Wall will see himself in the Atlanta point guard – a fearless young player trying to prove himself by standing up to established players. And maybe Wall does.

But I suspect Wall just sees Schroder as a pest.

If that’s the case, it certainly won’t change until this series ends.

Marcus Smart responds to Jimmy Butler: ‘It ain’t hard to find me’ (video)

2 Comments

Jimmy Butler said Marcus Smart is “not about that life.”

Smart, via MassLive:

Laugh at that. This about the Celtics versus Chicago Bulls, not Marcus Smart versus Jimmy. I ain’t got to sit here and say this and that. I’m this. I’m that. I ain’t that type of guy. My actions speak louder than words. It ain’t hard to find me. But, right now, I’m focused on my teammates and this series.

That led to a few excellent follow-up questions:

Are you about that life?

Like I said before, I ain’t got to talk about what I am about. I just show you. I can show you, but I’m not going to tell you. Like I said, it ain’t hard to find me. You heard him. He said, “I don’t think Marcus Smart is about that life.” Last time I checked, if you’re going to say somebody ain’t about that life, you should know, right? But like I said, we’re going to keep this Chicago Bulls vs. Boston Celtics, not Marcus vs. Jimmy.

Has anyone accused you not being tough before?

Never.

What was your reaction to that?

Haha.

Smart flops too much. He gets overly emotional.

But he’s way too tough to let Butler’s comments pass without rebuttal.

The real test will come on the court in Game 5 tomorrow.

Damian Lillard ‘obsessed’ with beating Warriors

Jonathan Ferrey/Getty Images
Leave a comment

The Warriors just eliminated the Trail Blazers for the second straight year.

Portland star Damian Lillard sounds hardened by the experience.

Chris Haynes of ESPN:

After the Portland Trail Blazers were swept by the Golden State Warriors on Monday, point guard Damian Lillard told ESPN he’s developed a newfound obsession with trying to take down the Warriors.

“You have to be obsessed with that because you know that they’re so good that they’re going to be there,” Lillard said after a 128-103 loss in Game 4. “That’s who you’re going to have to get through to get to where you want to get to. That’s what it is.”

I have no doubt this will drive Lillard. He just finds way to lift himself.

But will the rest of the Trail Blazers keep up with a team that features Stephen Curry, Kevin Durant, Draymond Green and Klay Thompson?

C.J. McCollum is a solid co-star, but it gets dicey beyond that with several players locked into expensive long-term contracts. Portland will have to pry enough production from Jusuf Nurkic, Al-Farouq Aminu, Maurice Harkless, Allen Crabbe, Noah Vonleh, Ed Davis, Meyers Leonard and the Nos. 15, 20 and 26 picks in the upcoming draft.

The Trail Blazers have a path upward, but needing to climb as high as Golden State, the road is narrow.