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.

Hawks, coach Mike Budenholzer agree to part ways

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This was expected.

It was pretty obvious Mike Budenholzer didn’t want to stick around and lose a lot of games with the Atlanta Hawks as they rebuild the next few years, especially after he had been stripped of his GM powers. Budenholzer went well down the road with the Phoenix Suns about their open coaching position before thinking better of it. Since then he has set up a meeting with the Knicks about their coaching vacancy, a job he reportedly wants badly.

At this point there was no need for the Hawks and Budenholzer to continue their sham marriage, so they have agreed to amicably separate, a story broken by Adrian Wojnarowski of ESPN and since confirmed by the Hawks.

Budenholzer said this to Wojnarowski of ESPN:

“I am grateful for the five years that I spent as coach of the Atlanta Hawks, and will always cherish the incredible contributions, commitment and accomplishments of the players that I was fortunate enough to work with here,” Budenholzer told ESPN on Wednesday night. “From ownership to management, support staff to the community, I’ll look back with great pride on what we were able to achieve together with the Hawks.”

For Budenholzer, the long-time Spurs assistant and a strong Xs and Os coach, look for him to both push for the Knicks job and be in the running if/when the Milwaukee Bucks job opens up whenever their season ends. In both cases he’s a fit — those are teams that need a culture and system reset, and Budenholzer proved he can bring that to Atlanta (that was a good team before they let Al Horford and Paul Millsap walk for nothing).

With Atlanta, they likely will turn to a top assistant coach who will get a chance to develop young players on that team (and not cost Atlanta as much as an established coach). Stephen Silas of the Hornets is a rumored name, but there are others.

LeBron James overrules controversial finish with game-winning 3-pointer (video)

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LeBron James‘ turnover with the game tied late looked like a bad call. LeBron’s block of Victor Oladipo on the ensuing possession looked like a goaltend.

Did the Cavaliers get robbed of a crucial possession? Did the Pacers get robbed of two go-ahead points?

LeBron nullified those questions with a buzzer-beating 3-pointer to give Cleveland a 98-95 win and a 3-2 series lead. The game-winner capped a great game by LeBron (44 points, 10 rebounds and eight assists) and moves the Cavs to the verge of advancing.

When a team with home-court advantage can close out a best-of-seven series with a road Game 6, it has 52% of the time. It has won the series 92% of the time.

The odds are even better with LeBron. LeBron has won 11 straight closeout games, nine of them on the road. He’ll have another opportunity Friday with Game 6 in Indiana.

Raptors’ ‘culture reset’ shines in Game 5 win over Wizards

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The Raptors promoted ball movement. They emphasized 3-point shooting. They empowered their reserves.

This was why.

Backups Delon Wright and C.J. Miles and starting center Jonas Valanciunas – who was benched in previous postseasons due to his old-fashioned style, but expanded his game beyond the arc this year – scored Toronto’s final 18 points in a 108-98 Game 5 win over the Wizards on Wednesday. Stars DeMar DeRozan (0-for-4 from the field) and Kyle Lowry (0-for-1 from the field, 0-for-2 on free throws) struggled down the stretch, as the Raptors burst open what had been a one-point lead.

Though DeRozan (32 points) and Lowry (17 points and 10 assists) were good overall, they succumbed late in previous playoff games. Toronto didn’t want that duo stuck with the burden of creating so much in a stagnate offense.

Hence, Masai Ujiri’s famous “culture reset.”

The results have been mixed so far against a tougher-than-average-eight-seed Washington. But at least the Raptors – up 3-2 entering Friday’s Game 6 in Washington – are on the verge of advancing.

When a team with home-court advantage can close out a best-of-seven series with a road Game 6, it has 52% of the time. It has won the series 92% of the time.

Raptors honor victims of van attack before Game 5 (photos)

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TORONTO (AP) — The Toronto Raptors honored the victims the deadly van attack Monday with a moment of silence Wednesday night before Game 5 of their playoff series against the Washington Wizards.

Players from both teams held up banners with the hashtag #TORONTOSTRONG as they stood on the court during the tribute and the national anthems that followed:

The Raptors, the Wizards and the NBA will make a donation to a fund for victims and those affected by the incident.

Raptors President Masai Ujiri spoke about the attack after the Raptors practiced Tuesday.

“What we do doesn’t really matter sometimes,” Ujiri said. “I can’t imagine what it would be like to be on that sidewalk.”

Guard Kyle Lowry said he was impressed by the actions of Const. Ken Lam, who earned international acclaim for peacefully arresting of suspect Alek Minassian.

“In America he would definitely have been shot up,” Lowry said. “He did an amazing job of making a judgment call. I think more people could learn from that.”

Coach Dwane Casey was struck by how close the carnage occurred to his own Toronto neighborhood,

“It’s not too far from up the street from where I live,” Casey said.

Casey and his coaches were in the midst of a meeting Monday afternoon when assistant Rex Kalamian’s phone buzzed with someone informing him of the tragedy. The coaches stopped their meeting and turned on a television to find out what had happened.

“It’s very unfortunate,” Casey said. “Just this weekend I was talking to people saying how safe Toronto is, how it’s a melting pot and you don’t have the same crime. Hopefully though, sport can offer a relief, some reprieve.”

Like Casey, Ujiri said he is proud of Toronto’s reputation as a safe, welcoming place.

“Everywhere I go, I brag about this city,” Ujiri said. “It’s the safest place in the world. It’s the best city in the world and it’s going to continue to be the best place and the best city in the world.”

Toronto police said the 10 people killed and 14 injured in the attack were “predominantly” women, but have declined so far to discuss a motive. The 25-year-old Minassian has been charged with 10 counts of first-degree murder and 13 counts of attempted murder.