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

22 Comments

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.

76ers second-rounder Jonah Bolden signs in Israel

Ethan Miller/Getty Images
Leave a comment

Jonah Bolden – No. 16 on my draft board – slipped all the way to the 76ers at No. 36 in the NBA draft. An impressive summer league has raised his stock significantly.

But Philadelphia won’t reap the rewards this season.

Bolden signed a three-year contract with Maccabi Tel Aviv, the team announced. The club also said the deal contained NBA outs and the 76ers helped facilitate his move from his previous team, Red Star in Serbia.

This is a helpful arrangement for Philadelphia, which is running out of roster spots. Bolden will develop elsewhere while allowing the 76ers’ to maintain his exclusive negotiating rights.

Bolden must get stronger and more adept at handling physicality. The athletic stretch four can also continue developing his burgeoning perimeter skills.

Then, next year, maybe the 76ers will have room to sign him themselves.

Anthony Davis does #DriveByDunkChallenge (video)

Lars Niki/Getty Images for Saks Fifth Avenue
2 Comments

If you’re not up with what the kids are doing, the cool thing this summer is the #DriveByDunkChallenge – driving to random houses, running out of a still-running car, dunking on their basketball hoop, running back into the car then driving off.

It sounds like a lot of fun for those who can dunk (and don’t get accosted by startled homeowners). An example:

Pelicans star Anthony Davis took his turn:

Report: Thunder signing Dakari Johnson two years after drafting him

Nick Laham/Getty Images
3 Comments

Two seasons ago, Dakari Johnson was the youngest player by more than two years on the D-League’s All-Rookie team. Last season, Johnson was the youngest player by more than a year on an All-D-League team – and he made the first of three teams.

Now, Johnson – who the Thunder drafted No. 48 in 2015 and whose rights they continued to hold – is finally moving up to the NBA.

Shams Charania of Yahoo Sports:

The Thunder have already used the full taxpayer mid-level exception, so presumably Johnson will get the minimum – $2,128,226 over two years. That, plus two years of meager D-League salary, will be Johnson’s return for granting Oklahoma City four years of his services.

He could have forced the Thunder’s hand either of the previous two years by signing the required tender – a one-year contract, surely unguaranteed at the minimum – a team must extend to retain a draft pick’s rights. Accepting the tender would have meant Johnson earning an NBA salary (and gaining a year of service) if Oklahoma City kept him past the preseason. Or, if they waived him, he would’ve been an unrestricted NBA free agent. He still could have developed with the Thunder’s D-League affiliate while available to any NBA team.

Instead, Johnson repeatedly rejected the tender, allowing Oklahoma City to maintain exclusive negotiating rights.

At least the Thunder helped develop him. A strong 7-footer, Johnson has improved his mobility and skill level. He’s still an old-school center in a league moving away from that style, but he’s now more equipped to keep up.

Whether he’s ready enough is another question. Johnson will fall behind Steven Adams and Enes Kanter on the depth chart. At just 21, Johnson is still a decent developmental prospect.

Johnson gives the Thunder 16 players on standard contracts, one more than the regular-season maximum. They could waive Semaj Christon, whose salary is unguaranteed, but I’d be leery of having only Raymond Felton behind Russell Westbrook at point guard. Nick Collison at least provides insurance at center.

So, there’s no guarantee Johnson sticks into the regular season. One thing working in his favor: His salary will be luxury-taxed at the rookie minimum, because the Thunder drafted him. Christon or any other player acquired through free agency would be taxed at the second-year minimum.

No matter how it shakes out, Johnson is at least finally getting significant money in his pocket.

Raptors coach Dwane Casey: DeMar DeRozan to play some point guard

Vaughn Ridley/Getty Images
Leave a comment

The Raptors gave away backup point guard Cory Joseph to save money. So, who will play behind Kyle Lowry?

Presumably, Delon Wright and Fred VanVleet will each slide up a spot on the depth chart. The third-year Wright looks ready to join the rotation, and he deserves at least the opportunity.

But Toronto also has another – unexpected – option at point guard: DeMar DeRozan.

Raptors coach Dwane Casey, via Bryan Meler of Sportsnet:

“DeMar DeRozan, have him handle the ball a bit more as a point guard, a facilitator, a passer. Kyle Lowry moving the ball a bit more, spacing up. We don’t want to give our whole ‘what we’re going to try to do next year’ away, but again it comes down to passing the basketball and better spacing more so, than we know, one-on-one play.”

“Everyone and their brother knows we want better ball movement,” said Casey.

DeRozan didn’t play point guard at all last season.* So, this is a pretty big shift.

*Defined as playing without Lowry, Joseph, Wright or VanVleet.

Known as an isolation player, DeRozan has quietly improved as a distributor. I don’t think his ability to run an offense is at a point-guard level, but I’m also not sure that’s the point.

The Raptors are trying to change their style and promote more ball movement. This could help in the long run.

I supported the Timberwolves playing Zach LaVine at point guard as a rookie even though it was clear he should be a shooting guard. Playing point guard was a crash course that helped him develop skills useful at shooting guard, skills he couldn’t have as easily developed while playing off the ball.

The same could be true with DeRozan. Some rocky minutes at point guard could better equip him to play with Lowry in better-passing units come playoff time.

It was more conventional to play a 19-year-old on a bad team out of position to focus on skill development than it is for a 28-year-old on a good team. But he we are.

The Raptors have achieved enough success in the regular season and not enough in the playoffs. Experimenting during the long regular season is a good plan.