Sources: Sacramento Kings to Seattle not a done deal just yet

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The ongoing joke about the Maloofs in league circles is that they can get the girl’s phone number, but they can’t close the deal.

After Adrian Wojnarowski’s report that the Maloofs are close to finalizing a $500 million deal with Seattle billionaire Chris Hansen, closing a deal shouldn’t be a problem this time, but there are plenty of reasons to not call it a “done deal” just yet.

Wojnarowski said as much when he tweeted “No agreement signed, but one source describes deal as “1st and goal at 1.” Maloofs history of changing course late still makes many uneasy.”

Indeed, sources close to the situation told PBT that there are still many hurdles for this deal to overcome, and that Sacramento still has willing, reputable buyers ready to meet or beat Hansen’s offer in order to keep the franchise in town.

Indeed, as reported here numerous times, Hansen would have to drastically overpay in order to outdo the Sacramento ownership groups, because Sac owners don’t have to account for a relocation fee, a city loan back to Sacramento, and the hard costs of moving. Sources say that this will total a minimum of $125 million, and should the NBA decide they want to levy a higher relocation fee to even out the playing field that number could increase.

This means that if the Maloofs sell to Hansen for $500 million, that in reality they are getting much, much less. In Sacramento, this means that it’s time for their local buyers to step up with their offers, and make the same effort the city made in the spring of 2011 when the Maloofs had most believing the team would move to Anaheim.

An offer of $425-$450 million dollars would start to put more money in the Maloofs’ pockets than the Seattle offer does, and that’s where the next step in this relocation debacle lies.

If there is any silver lining to today’s events for Kings fans and Sacramento, the Maloofs should be willing to entertain a bidding war, unless it is out of pure spite and indifference to any league reaction opposing such actions.

There are other hurdles for the deal to clear, including an up-or-down vote from the Board of Governors after a recommendation by the league’s relocation committee, headed up by none other than Clay Bennett. Bennett saw firsthand the difference in how the Seattle politicians turned their back on the Sonics when he arrived, independent of his and the league’s mishandling of that situation, and he has been extremely impressed with Sacramento’s efforts to keep their team.

However, David Stern has said he would try expedite any sale that moves a team to Seattle.

Hansen and the Maloofs will need to convince Bennett and the other 29 owners that torching the No. 20 Sacramento market, along with all of the negative attention the league’s relocation behavior will receive, will be worth the incremental benefit of going to a somewhat larger market with a handful of professional sports teams.

There are plenty of benefits to being in Seattle, and Hansen is the type of owner that they want. He and his group are about to throw nearly a billion dollars to obtain a franchise that Forbes valued at $300 million. And there is some sentiment that Seattle needs to be indemnified for what happened to them, though most sane people would say that two wrongs don’t make a right.

In Sacramento, this is the ultimate show us your hand moment. Look for mayor Kevin Johnson and his people to respond soon, and as we know with the Maloofs if there is anybody that can’t close a deal – it is them.

UPDATE: CBS 13’s Stephen Large reports that the Maloofs have rejected Hansen’s $500 million offer, and mayor Johnson has tweeted his previously successful message of “It’s not over.” This now has the look of a bidding war, and we’re likely in the end game with two cities being dragged through the mud at the same time.

UPDATE II: The Sacramento Bee’s Ryan Lillis tweeted “Talks related to #NBAKings sale have been ‘conceptual,’ source tells The Bee. Reports sale is done are premature.” Buckle up folks, this story has already hit ludicrous speed in just about every way imaginable.

Sacramento Kings waive guard Arron Afflalo

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SACRAMENTO, Calif. (AP) The Sacramento Kings have waived guard Arron Afflalo one year after signing him as a free agent.

The Kings cut ties with Afflalo on Friday before his entire $12.5 million contract for 2017-18 would become guaranteed. Afflalo will get $1.5 million instead.

Afflalo averaged 8.4 points and 2 rebounds in 61 games this past season for Sacramento. He has averaged 11.3 points per game in his 10-year career.

 

Frustrated fan: John McEnroe says Knicks a ‘total train wreck’

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NEW YORK (AP) — John McEnroe had a ringside seat for the ugliest bout at Madison Square Garden last season.

He was sitting just feet away when former Knicks star Charles Oakley was surrounded by security officials at his seat, shoving them away before being handcuffed and arrested while watching a game in February.

Even before that, the tennis great had begun to lose patience with his favorite team.

“It’s like a total train wreck,” McEnroe said.

The low point during a miserable 2016-17 season came when Oakley was dragged out of MSG in the first quarter of a game against the Los Angeles Clippers. A fan favorite as a player, he had fallen out of favor with the organization in retirement after critical comments about the team and MSG chairman James Dolan.

McEnroe, who often travels for his tennis or other obligations, wasn’t aware of the history between Oakley and Dolan.

“I didn’t even realize at the time that Charles had said bad things about him,” McEnroe said. “I hadn’t been up on that, so it wasn’t awkward for me when he sort of poked me in my back, Charles, right before the incident happened. I was like, `Hey Charles, how are you? This is my son, Kevin.’ He was with me.

“So I didn’t put 2 and 2 together and I didn’t know what had happened or really what had transpired,” he said. “So maybe Jim was already uncomfortable because of past history or whatever and then when Charles and the security guys started to go at it, even before they started to come up to him I was like, `Uh oh, this is not going to go well, at all.”‘

McEnroe is clearly visible in replays of the skirmish that were shown that night and throughout the next day.

“To see Charles Oakley have handcuffs put on him was horrible. Like, I was sick to my stomach, as well as almost every other fan that was in there watching this as it took place,” McEnroe said. “I bet you Jim Dolan – this is just my opinion – had to feel terrible about what that was.”

McEnroe grew up in and still lives in New York, and considers MSG his home arena. The inside cover of his new book, “But Seriously,” is decorated with ticket stubs from games and concerts at the arena, including a Knicks playoff game. But like many Knicks fans, he’s getting fed up with what he sees.

“I mean I’ve been a Knicks fan since I was a kid, so this is just getting beyond belief,” he said.

McEnroe has owned a home in Malibu, California, for more than 30 years. He often trained in Los Angeles as one of the world’s top players during the early-to-mid 1980s, befriending Lakers executive Jeanie Buss and Linda Rambis, whose husband Kurt played for the great Lakers teams of that era that were led by Magic Johnson and Kareem Abdul-Jabbar.

“Watching this was like, I’m sitting there going, why the hell am I a Knick fan again?” McEnroe said, “because this is just absolutely unbelievable, watching Showtime.”

Dolan hired Phil Jackson, who won five titles as Lakers coach, as Knicks president in 2014. But the team has missed the playoffs every season under Jackson, who feuded with Carmelo Anthony last season and didn’t speak to reporters at all while the team went 31-51.

“I mean, he’s known as the Zen Master, like a master talker, and then he’s not talking to anybody,” McEnroe said of Jackson. “So this whole thing seems to have gone completely off the rails.”

Jackson is still hoping to trade Anthony, who has a no-trade clause. McEnroe said he was never the biggest fan of Anthony’s game, but that the All-Star forward didn’t deserve the treatment he received last season.

“It’s crazy to treat a guy that way,” McEnroe said. “It seems like, even if it would be better for both guys if they weren’t there – the Knicks and him – the whole thing just seems, I can’t believe how bungled this has gotten.”

Chris Paul re-elected president of the NBPA

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NEW YORK (AP) — Chris Paul has been re-elected president of the National Basketball Players Association.

Paul’s new four-year term begins immediately. He will be assisted by the union’s newly elected vice president, Garrett Temple of the Sacramento Kings.

In his first term as president, Paul most notably helped the players and the NBA come together on a new Collective Bargaining Agreement that goes into effect on July 1.

Paul says he’s “humbled that my fellow players have voted to have me continue.”

Temple has a three-year term as vice president, which also begins immediately. He replaces Kyle Korver in that role.

The other members of the NBA’s Executive Committee are First Vice President LeBron James, Secretary-Treasurer James Jones, and Vice Presidents Carmelo Anthony, Stephen Curry, Andre Iguodala, Pau Gasol and Anthony Tolliver.

One reason Markelle Fultz happy to be Sixers over Celtic? Philadelphia has Chick-fil-As

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For about a month, from the day of the NBA Draft Lottery until less than a week before the draft, it was assumed Markelle Fultz would be a Celtic. And he said he was good with that — he’s the No. 1 pick going to a 53-win team that is thinking title contention. That doesn’t happen often.

Then that top pick was traded to the Philadelphia 76ers, and suddenly Fultz was going to be paired with Joel Embiid and Ben Simmons. Fultz liked that a lot, and he liked the city a lot.

Why? Because they have Chick-fil-A restaurants. Check out what Fultz wrote in the The Players’ Tribune, an article titled “What’s Up, Philly.” (Hat tip Inceptions at NBA Reddit)

Then (Fultz’s agent) Keith hit me up and said, “New plan. Philly.”

I was just waking up. So I was like, “O.K., cool. Do they have Chick-fil-A there?”

A crispy chicken sandwich for breakfast. It’s kind of like my good luck charm. Keith never got back to me about that important question. So I found out for myself. I googled it immediately.

Philly does have Chick-fil-A. It has six, actually. Seven if you count the one at the airport. Boston has zero Chick-fil-As, for what it’s worth.

Are restaurants becoming a new recruiting tool? “I know you’re thinking of signing in San Antonio, but we have far more Chipotle’s per capita.” “There’s a Cheesecake Factory just down the street from our practice facility.”

I give it four years, max, before Fultz switches to a slightly healthier breakfast choice, at the requestion of Philly’s training staff.