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.

Winners, losers in the Kyrie Irving trade to Boston

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Here’s the hard thing about coming up with this list: There really weren’t big losers.

Unlike some of the other blockbuster trades this summer — Jimmy Butler to Minnesota, Paul George to Oklahoma City — the trade of Kyrie Irving to the Boston Celtics for Isaiah Thomas, Jae Crowder, Ante Zizic, and Brooklyn’s first-round pick next draft didn’t have a clear loser. The Cavs did well in the short term and got themselves more flexibility, the Celtics may have set themselves up for future banners. So this list is heavy with winners. But here it is.

Winner: Cleveland Cavaliers. Once it became public knowledge that Irving wanted out of Cleveland their leverage was gone. They went looking for a potential young star player in a deal — Devin Booker, Jayson Tatum — and were shot down at each turn. It looked like they would have to settle for a lesser package or bring Irving back to training camp and tell him to get along with LeBron James.

Then this deal came through, and it’s a clear “A+” for the Cavaliers. Cleveland lands an All-NBA point guard whose production next season will be close to what Irving provided, and Thomas plays with more of a chip on his shoulder. Also, the Cavaliers added what they desperately needed — a quality “3&D” wing in Crowder, a guy who can knock down jumpers and cover Klay Thompson or Kevin Durant (as much as anyone can cover them). On top of it, the Cavaliers get what will be a high draft pick — Brooklyn may be better but this is still no worse than the 5-6 pick — in a draft deep with quality big men.

Cleveland is still the best team, the team to beat in the East, and they got a key pick to help add youth and athleticism to the roster.

Winner: Boston in a couple of years. Boston’s argument it won the trade is simple — it got the best player in the trade. Thomas and Irving put up comparable numbers last season, but Irving is capable of defending (even though he rarely does, not even in the Finals last season). Irving is a couple of years younger, and because of his height will likely age better than Thomas. However, in giving up Crowder and the Brooklyn pick, the Celtics surrendered their best trade assets.

Cleveland is going to be a better team than Boston next season, but the Irving/Hayward combo with good role players around them has Boston poised to be even better in a couple of years, once guys like Jayson Tatum and Jalen Brown develop. Boston is set to be next (providing they can re-sign Irving).

Winner: Kyrie Irving. He wanted out of the immense shadow of LeBron and he got it — and he still landed on a contender. In Boston, he is the most marketable player and while the team has other stars — Gordon Hayward, Al Horford — none are the kind of dominant force of nature that LeBron is. Kyrie will get plenty of time in the sun, he will get great opportunities in Brad Stevens offense (better sets than he was running in Cleveland), and he will continue to win.

Irving may have wanted to be the star, but he didn’t want to be the one-man show on a bad team. Now he’s in a good place.

Loser: The Los Angeles Lakers (maybe, or any other team with dreams of signing LeBron next summer). LeBron James still more than likely bolts Cleveland next year. But Cleveland got a little closer to keeping them with this trade. Isaiah Thomas brings buckets at the point guard spot plus he plays with a chip on his shoulder that this team could use (the Cavaliers coast too much during the season). In Crowder the Cavaliers land the kind of wing player they need to match up better with Golden State. If they want to pick up a role player at the trade deadline, Ante Zizic could be part of that package. More importantly, that Brooklyn pick could be used to bring in a high draft pick player LeBron likes, or it could be traded to get a veteran that LeBron wants to play with.

LeBron wants to add rings to his legacy. If this trade helps him think Cleveland is where he can best do that, he could stay. I wouldn’t bet on it as likely, but the odds LeBron stays in Cleveland after next season got just a little more likely.

Winner: Koby Altman. I couldn’t bring myself to put Dan Gilbert here, it was still a stupid decision to show David Griffin the door. But give due credit to the man who replaced Gilbert, Kobe Altman. He just orchestrated a brilliant trade that keeps the Cavaliers as the favorites in the East next season and gives them more flexibility going forward. It was a master stroke, getting a guy in Danny Ainge known for hoarding assets to give up two of his best shows Altman knows how to do his job.

Winner: NBA Fans. Opening night, Oct. 17, the first game of the NBA season is the Boston Celtics visiting the Cleveland Cavaliers. Kyrie Irving is going to get booed mercilessly. Isaiah Thomas (if his hip is healthy) will be looking to put on a show for the new home fans. It’s going to be glorious.

It may not have tilted the balance of power in the East, but it made the conference far more entertaining to watch this season.

LeBron James on Kyrie Irving: “Nothing but respect”

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Kyrie Irving is now a member of the Boston Celtics. Tuesday’s trade sent Isaiah Thomas to Ohio to join forces with LeBron James and the Cleveland Cavaliers, while Irving gets to head east to Boston.

On paper, many believe Cleveland appears to have received the better side of the deal. I’m not absolutely certain that’s the case, as the Celtics were able to get a point guard on an extra few years while simultaneously giving themselves some flexibility in the years to come.

The Cavaliers should be in good shape, especially if Thomas’ hip is A-OK. They beefed up their wing depth with Jae Crowder, and added a 2018 first round pick from the Brooklyn Nets that will help them either draft in LeBron’s absence next summer or trade for another star this year.

Meanwhile, LeBron himself took to Twitter — as did many other NBA players — to respond to the trade.

In a tweet sent out on Tuesday night, Lebron said he had nothing but respect for Irving.

Via Twitter:

Well there you have it. We still don’t know whether James is going to stay in Cleveland past this summer, but we have to assume they are again favorites to make the Finals this year.

We will have to wait until the season starts until we find out whether Irving can make an impact on that arc with his new team in Boston.

Andrew Wiggins fires agent shortly after negotiating $148 million max deal

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Is Andrew Wiggins still going to sign a $148 million max contract extension? Probably!

The big question now will be whether in his previous agent, Bill Duffy, will receive a commission for negotiating that contract.

According to a report from ESPN, Wiggins filed paperwork with the NBA to separate his association with Duffy and representing firm BDA Sports.

The move comes as a shock to many in the NBA sphere, as it certainly is an oddity to release one’s agent directly after negotiating such a large new contract offer.

Meanwhile, it appears that Duffy has already contacted the players association to discuss his rights in a potential tampering case.

How juicy.

Via ESPN:

Duffy, the chairman of BDA Sports and one of the league’s most prominent player agents, told ESPN on Tuesday that he had recently been made aware of rival agencies and potential start-up enterprises who were recruiting Wiggins with inducements that included no commission fees on contracts.

“We are disappointed that Andrew made this decision, especially after a three-year partnership where we worked closely with Andrew and his entire family,” Duffy told ESPN. “Unfortunately, tampering is a common problem in our industry, and that’s part of the reason why I’ve already been in contact with the NBPA to discuss my rights in this matter. Obviously, whenever Andrew signs the max extension that we negotiated with Minnesota, we will work with the NBPA to make sure that our interests are protected.”

Wiggins and the team still have yet to formally agree to the extension, so it’s not really clear what will happen for any of the parties involved.

But if the recent Paul George tampering case and the Kyrie Irving/Isaiah Thomas trade isn’t enough to make you think the NBA offseason is completely wild, this one ought to do.

How NBA players reacted to the Kyrie Irving and Isaiah Thomas trade

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The NBA is easily the best professional sports league in the United States. Was that ever up for debate?

After this offseason, it certainly is not. That also appears to be the opinion of several NBA players after Tuesday’s trade between the Boston Celtics and Cleveland Cavaliers saw Kyrie Irving head east and Isaiah Thomas pair up with LeBron James.

It is crazy to think that the two best teams in the Eastern Conference decided to swap star point guards with each other, and that is just the latest in a series of wild events here in the summer of 2017.

We’ve had players sign big new contracts with new teams, tampering charges being filed, and players dunking on local streetballers from speedboats.

What more could you ask for?

Here’s how the NBA responded to the news of the trade between the Celtics and the Cavaliers on social media.