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.

Sprained ankle has LeBron James questionable for opener vs. Celtics

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INDEPENDENCE, Ohio (AP) — LeBron James‘ playing status for Tuesday’s season opener against Boston remains unclear.

James has been slowed by a sprained left ankle for more than two weeks and it’s still not known whether he’ll be on the floor when the Cavaliers take on the Celtics and Kyrie Irving, who asked to be traded by Cleveland this summer.

Following Monday’s practice, Cavs coach Tyronn Lue said “I really don’t know” when asked if James will play.

James took part in some post-practice shooting drills with teammates. He did not speak with the media as the Cavaliers prepared for their opener, a rematch of last year’s Eastern Conference finals.

James has never missed an opener in his NBA career, and teammate J.R. Smith doesn’t expect him to miss this one.

“Oh, he’s going to go,” Smith said. “He’s going to go, trust me that. I don’t care what he’s got to do, he’s going to play.”

 

Report: Richard Jefferson signing with Nuggets

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Update: The Nuggets will waive Jameer Nelson, according to Wojnarowski:

It looks like Denver will ride with the younger Jamal Murray and Emmanuel Mudiay at point guard — a risky proposition. Nelson stabilized the position in the event Murray or Mudiay weren’t ready for bigger roles. The Nuggets aren’t hedging their bets now, which puts plenty of pressure on Murray and Mudiay.

Murray should be fine eventually. Mudiay’s promise is far less certain. But this is a team trying to reach the playoffs now, and it might have to ride out growing pains from its point guards without Nelson as a safety net.

 

Richard Jefferson became a late entrant into free agency when the Cavaliers traded him and the Hawks waived him.

But the forward is landing on his feet.

Adrian Wojnarowski of ESPN:

Jefferson could help the Nuggets, who look primed to end a four-season playoff drought. They were set to squeeze backup small-forward minutes behind Wilson Chandler out of the undersized Will Barton and oversized Juan Hernangomez. Jefferson is far more comfortable at the position.

He’s 37 and doesn’t offer long-term upside, but he’s a savvy defender and still pretty athletic. He picks his spots well enough offensively to help on that end, too.

But Denver also has a deep roster that already had 15 players on standard contracts. There’s not an obvious cut to make room for Jefferson, though the Nuggets clearly have something planned.

Sixers to keep Joel Embiid’s minutes in teens to start season, he’s not happy

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Joel Embiid wants to get on the court, he wants to unleash himself on the NBA this season. After three seasons of being bottled up — even in the 31 games he has played there was a minutes restriction — Embiid wants to impose his will on the league.

He’s going to have to do that in less than 20 minutes a night, at least to start the season.

Sixers coach Brett Brown says to start the season there will be a tight minutes limit on Embiid, who averaged less than 15 minutes in two preseason games after finally being cleared to play. Embiid does not like that. Jessica Camerato of NBC Sports Philadelphia has the quotes.

“I don’t really know if there’s a solid number,” Brett Brown said Monday after practice. “I can tell if you were to choose a number, it’s somewhere in the teens.”

“I didn’t know about that, but that’s very disappointing,” Embiid said Monday of the minutes restriction. “I feel great and hopefully that changes based on today’s practice and tomorrow’s practice.”

The Sixers being cautious with Embiid is about as surprising as the last Transformers movie sucking.

That said, if any particular game is close going into the fourth quarter don’t be shocked if Embiid breaks his minutes limit — this is a team that wants to start winning, and that means keeping their best players on the court longer. If Saturday night against the Raptors Brett Brown thinks giving Embiid 22-23 minutes helps get them the win, he will. The goal will be to get him up to the high 20s by the end of the season.

The real test for these Sixers will not be how the offense fairs with Embiid sitting — they have guys that can create and knock down shots if needed, such as Ben Simmons or J.J. Redick – instead it’s how well they can defend with him resting.

Report: Spurs signing LaMarcus Aldridge to two-year, $50 million contract extension

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From troubled to extended, LaMarcus Aldridge‘s Spurs tenure has changed directions in a hurry.

Adrian Wojnarowski of ESPN:

Piecing this together, Aldridge is exercising a $22,347,015 player option for 2018-19. That means his extension is worth $50 million over two years will carry him through age 35. All in all, Aldridge is now under contract for four more seasons.

Aldridge is a borderline All-Star, and he raises San Antonio’s floor. His back-to-the-bask mid-range games remains reliable, and he’s a willing defender. Him signing this deal should end pining for greener pastures, but it certainly won’t force him into diligent acceptance of his role forever. Players can become discontent whenever they please.

This extension significantly limits the Spurs flexibility the next two summers and maybe even in 2020, depending on Aldridge’s guarantee in the second year of his extension. They seem fine with that, perhaps believing they already have enough to topple the Warriors if Kawhi Leonard is healthy.

With Aldridge, Pau Gasol and Patty Mills all under contract for the few years around Leonard, San Antonio should remain stably good. But will these deals for aging veterans limit the Spurs’ ceiling? That’s the risk for an organization that has built its identity on championships and already has a young, in-his-prime superstar who has proven capable of being the best player on a title team.