Phil, George, Gavin Maloof

George Maloof’s Virginia Beach arena ploy falls apart, Seattle rumors heat up

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We never took the Maloofs or Virginia Beach seriously in their talks to move the Sacramento Kings to the eastern seaboard, and predictably the talks officially fell apart when Virginia Beach mayor Will Sessoms declared the deal dead for now on Tuesday.

There were a million reasons that deal was a farce – a sad ploy to manufacture leverage in George Maloof and his family’s ongoing attempt at getting something for nothing in an arena deal.

Still though, this marks the end for yet another painful chapter for Kings fans, who have endured as much uncertainty and shenanigans as any fan base on this side of Seattle.  And as we learned late Tuesday night, the next chapter has already begun.

Super agent David Falk’s daughter Daina tweeted yesterday that Seattle billionaire Chris Hansen has already come to an agreement with the Maloofs to buy the Kings, calling it a “done deal.”  Since those rumors hit the Twittersphere, she backed off a bit on her Facebook page and deleted her tweets at about 9 a.m. ET today (original here).  Seattle writer Chris Daniels wasn’t in a hurry to address the “rumors” last night, adding that “it isn’t over until it’s over” and that’s a point of agreement here.

First off, the idea that a deal is closed is premature since the Board of Governors would have to approve it and that clearly hasn’t happened, let alone with a relocation request attached.  Of course, a deal could be being negotiated in the background between the Maloofs and Hansen with or without the NBA’s participation, and she may be referring to some step in that process, but until she comments further or the next shoe drops this is mere speculation from a potential, albeit unlikely information source.

Either way, we’ll learn a lot in the next 24 hours as the various parties each respond to requests for comment at the start of business today.

As for the Maloofs, Tuesday’s Virginia Beach developments put them back at square one and they are running out of time and money to make their final move. They will either need to come up with a lot more money than they have right now to run a basketball team in the Sacramento market – a market that they torch regularly with their antics – or sell the team and that brings us back to where we were in early September.

For Seattle to ironically take the Kings from Sacramento, Chris Hansen will need to drastically overpay to purchase and move the franchise, and if the notoriously deliberate businessman wants to do that then the NBA will still need to get behind the deal.

Given the fact that Sacramento has come up with a “model offer of public funds” according to one league source, a decision to allow the team to move will not be made lightly, as it will necessarily hurt the league in its negotiations with other cities for future arena subsidies.

In this case, the city of Sacramento has done everything the league could ask for and then some to help build an arena.  The implication is that the league is asking cities for long-term investments of public dollars, but not providing a reasonable expectation of a long-term partnership so long as that city continues to provide reasonable partnership dollars into the future.

The part that is most threatening for the league in this scenario is how publicly embarrassing the Maloof family has become to the NBA, creating a real-life equivalent to the movie Major League, and in this day and age of information those images are exponentially more accessible to the public than they have been in previous arena quagmires.

With the league and its players receiving $3 billion dollars in arena subsidy money since 1990, any shift in public sentiment or political resistance on the issue could cost the league an unfathomable amount.

If Hansen won’t pay drastically more than Sacramento, then the Maloofs will likely need to sell to one of a handful of serious buyers out of California’s capitol city that are ready to buy the team right now.

It’s theoretically possible that another city could come into play, but given the fact that Sacramento is a one-sport town with the No. 20 TV market – chances are moving the franchise won’t make sense for the league or a new owner.

George and his siblings can’t simply do nothing, as the sky is falling at Sleep Train Arena and it’s anybody’s guess when it won’t be suitable for NBA games.  This situation will come to a head and the only question is when the family gives up.

And until the NBA effectively finds a way to nudge George Maloof and his siblings out of their clubhouse, they will continue to panhandle for arena money at the expense of the logo.

We’ll get an update to you guys as soon as we learn whether or not this Seattle rumor has any legs.

Report: Raptors acquire P.J. Tucker from Suns for Jared Sullinger, second round picks

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The Toronto Raptors went into the last few weeks in a slump on the court and with the need to improve at the forward slot if they had any dreams of reaching the Eastern Conference Finals again.

Then the Raptors added Serge Ibaka.

Now they have added P.J. Tucker from the Suns to the mix, reports Adrian Wojnarowski of The Vertical at Yahoo Sports.

This is a strong move for Toronto. Tucker is a physical guy who can play the three or the four, and he brings a strong defensive presence to the court — he is statistically one of the better defending small forwards in the league this season. He and DeMarre Carroll can give the Raptors a needed boost on that end, and Tucker is going to be great as a defensive matchup in certain playoff situations.

Toronto has made its move — first they hope to get back up to the two or three seed in the East (and avoid Cleveland in the second round). Then to make a stronger run at Cleveland in the conference finals — remember they took the Cavs six games last year.

What the Suns wanted was the picks. Sullinger is a solid player who can step into their rotation now, but is a downgrade — especially defensively — from Tucker. What the Suns start doing is looking for draft steals they can find in the second round.

Reports: Bulls trade Taj Gibson, Doug McDermott to Thunder for Cameron Payne, Lauvergne, Anthony Morrow

NEW YORK, NY - OCTOBER 31:  Taj Gibson #22 of the Chicago Bulls reacts after being called for a foul against the Brooklyn Nets during the first half at Barclays Center on October 31, 2016 in New York City. 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 Michael Reaves/Getty Images)
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Back in 2014, the Bulls front office of John Paxson and Gar Forman traded two picks to the Denver Nuggets — picks that became Gary Harris and Josef Nurkic — to move up in the draft so they could pick Doug McDermott.

Thursday, the Bulls all but admitted that was a mistake.

Chicago traded McDermott and Taj Gibson to Oklahoma City for Cameron Payne, Joffrey Lauvergne, and Anthony Morrow, as reported by Shams Charania of The Vertical on Yahoo Sports.

This is a good trade for Oklahoma City, especially while Enis Kanter remains sidelined. Gibson, in particular, gives them a rock-solid power forward out of the old school. Gibson can score inside and help Steven Adams, he can crash the boards, and while he’s not what he once was on that end he’s a solid defender.

Gibson is also a free agent this summer, and the Bulls were not going to pay the market value. Oklahoma City may, but Gibson will have options.

McDermott can shoot the three, hitting 37.6 percent this season, but that’s about all he brings to the table. Maybe that’s all the Thunder need. McDermott doesn’t create his own shot and he’s a big defensive liability. Maybe he can spread the floor a little for the Thunder, hang out at the arc waiting for a Russell Westbrook drive and dish, but he’s not doing much else.

Chicago gets a player with a lot of potential in Cameron Payne, he could be the point guard of the future there next to Jimmy Butler. That’s the best player on their end in this deal. But Joffrey Lauvergne and Anthony Morrow are nice players who don’t actually move the needle.

This trade by the Bulls echoes their moves over the summer bringing in Dwyane Wade and Rajon Rondo — what exactly is the plan? Payne could be part of the future, but are the Bulls a team rebuilding around Butler? It remains difficult to see what the vision is in Chicago. Which has to frustrate Butler.

Report: Rockets trade K.J. McDaniels to Nets in move to clear cap space

PHOENIX, AZ - OCTOBER 13:  K.J. McDaniels #32 of the Houston Rockets looses the ball as he attempts a shot against the Phoenix Suns during the first half of the preseason NBA game at Talking Stick Resort Arena on October 13, 2015 in Phoenix, Arizona. 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 Christian Petersen/Getty Images)
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K.J. McDaniels was already buried deep on the Rockets bench behind not just James Harden but guys such as Trevor Ariza and Sam Decker. Now Lou Williams comes to town and will get some of those minutes, and the Rockets decided to see if anyone wanted to take a flier on McDaniels.

Brooklyn did, according to Adrian Wojnarowski of The Vertical at Yahoo Sports.

For Brooklyn, why not take a flier on him — McDaniels put up some numbers and played fairly well a few seasons back in Philly, when they had nobody else to take shots. He went from there to Houston, where they had a lot of guys who were better shooters. Now he heads to Brooklyn, a team that could use the scoring, so he gets another shot.

As for Houston, this was a salary dump looking ahead.

The buzz is the Rockets would like to get Langston Galloway if the Kings decide to waive him, but there will be a number of quality players waived in the coming week, and the Rockets now have the roster spot and cap room to go after one of them.

Report: Pelicans to workout Jarrett Jack as they look for more guard, wing help

MIAMI, FL - DECEMBER 28: Jarrett Jack #2 of the Brooklyn Nets dribbles during a game against the Miami Heat at American Airlines Arena on December 28, 2015 in Miami, Florida. 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. Mandatory copyright notice:  (Photo by Mike Ehrmann/Getty Images)
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The Pelicans have potentially the best front court in the NBA now with Anthony Davis and DeMarcus Cousins.

What they need is more help on the perimeter. A lot more help.

It’s not all going to come this season, but the Pelicans are going to take a look at their options. One of those options could be veteran and free agent Jarrett Jack, reports Marc Stein of ESPN.

It’s a smart move by New Orleans. Jack averaged 12.8 points and 7.4 assists in 32 games for the Nets last season, but then he blew out his ACL. At 33, how well will he bounce back from that?

It may work, Jack relies far more on his outside shot than his ability to drive the paint (the hallmark of his game five years ago). He’s not going to be a great defender, but if healthy maybe he fits a bench role.