Phil, George, Gavin Maloof

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


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.

Gordon Hayward goes behind Jordan Clarkson’s back with dribble

Gordon Hayward, Nick Young
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Utah’s Gordon Hayward abused the Lakers’ Jordan Clarkson on this play.

First, Hayward reads and steals Clarkson’s poor feed into the post intended for Kobe Bryant, then going up the sideline he takes his dribble behind Clarkson’s back to keep going. It all ends in a Rudy Gobert dunk.

Three quick takeaways here:

1) Gordon Hayward is a lot better than many fans realize. He can lead this team.

2) It’s still all about the development with Clarkson, and that’s going to mean some hard lessons.

3) Hayward may have the best hair in the NBA, even if it’s going a bit Macklemore.

(Hat tip reddit)

Could Tristan Thompson’s holdout last months? Windhorst says yes.

2015 NBA Finals - Game Five

VIZZINI: “So, it is down to you. And it is down to me.”
MAN IN BLACK nods and comes nearer…
MAN IN BLACK: “Perhaps an arrangement can be reached.”
VIZZINI: “There will be no arrangement…”
MAN IN BLACK: “But if there can be no arrangement, then we are at an impasse.”

That farcical scene from The Princess Bride pretty much sums up where we are with the Tristan Thompson holdout with the Cleveland Cavaliers, minus the Iocane powder. (Although that scene was a battle of wits in the movie and this process seems to lack much wit.) The Cavaliers have put a five-year, $80 million offer on the table. Thompson wants a max deal (or at least a more than has been offered), but he also doesn’t want to play for the qualifying offer and didn’t sign it. LeBron James just wants the two sides just to get it done.

Brian Windhorst of ESPN thinks LeBron could be very disappointed.

Windhorst was on the Zach Lowe podcast at Grantland (which you should be listening to anyway) and had this to say about the Thompson holdout:

“I actually believe it will probably go months. This will go well into the regular season.”

Windhorst compared it to a similar situation back in 2007 with Anderson Varejao, which eventually only broke because the then Charlotte Bobcats signed Varejao to an offer sheet. Thompson is a restricted free agent, meaning the Cavaliers can match any offer, but only Portland and Philadelphia have the cap space right now to offer him a max contract. Neither team has shown any interest in doing so.

And so we wait. And we may be waiting a while.