George Maloof

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.

CJ McCollum, Bismack Biyombo to headline 2017 NBA Africa Game this summer

Portland Trail Blazers' C.J. McCollum pumps his fist during the final moments of their 127-123 overtime win over the Boston Celtics in an NBA basketball game in Boston Saturday, Jan. 21, 2017. (AP Photo/Winslow Townson)
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NEW ORLEANS (AP) The NBA is going back to Africa.

The league and the National Basketball Players Association announced Saturday that NBA Africa Game 2017 will be held on Aug. 5 in Johannesburg. It’s the second time the NBA is playing on that continent, after a sold-out event there in 2015.

Among the players planning to take part so far are Orlando’s Bismack Biyombo, Portland’s CJ McCollum and Denver’s Emmanuel Mudiay.

The game will have a Team Africa vs. Team World format and will support of UNICEF, the Nelson Mandela Foundation and SOS Children’s Villages South Africa.

NBA Commissioner Adam Silver says going back to South Africa “is part of the league’s continued commitment to bring the authentic NBA experience to fans around the world.”

Report: Nuggets received $2.85 million from Trail Blazers in Mason Plumlee-Jusuf Nurkic trade

Denver Nuggets center Mason Plumlee is congratulated after making a basket against the Minnesota Timberwolves in the first half of an NBA basketball game Wednesday, Feb. 15, 2017, in Denver. Plumlee was appearing in his first game for the Nuggets since being acquired from the Portland Trail Blazers for center Jusuf Nurkic. (AP Photo/David Zalubowski)
AP Photo/David Zalubowski
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The Nuggets traded Jusuf Nurkic and the Grizzlies’ first-round pick to the Trail Blazers for Mason Plumlee and a second-rounder — a deal that didn’t appear to provide Denver enough value.

But it seems we omitted a key piece of the Nuggets’ return.

Eric Pincus of Basketball Insiders:

Teams rarely trade that much in a single transaction. They’re capped at both receiving and sending out $3.5 million this season.

But this is the advantage of an owner willing to spend. Paul Allen is allowing Portland to assemble a more-talented roster.

Denver still got the best player right now in the trade, and Plumlee will upgrade the bench and maybe even fit OK starting with Nikola Jokic. But it’s hard to overlook owner Stan Kroenke’s cash influx.

Rumor: Kings reignite trade talks for DeMarcus Cousins; Cousins agent denies

AUBURN HILLS, MI - JANUARY 23: DeMarcus Cousins #15 of the Sacramento Kings looks on while playing the Detroit Pistons at the Palace of Auburn Hills on January 23, 2017 in Auburn Hills, Michigan. Sacramento won the game 109-104. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement.  (Photo by Gregory Shamus/Getty Images)
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The Sacramento Kings may be looking to move center Boogie Cousins. Stop me if you’ve heard this rumor before.

According to The Vertical’s Adrian Wojnarowski, Kings management has reportedly engaged in talks during All-Star Weekend to move the talented, fiery center.

If moved, Boogie would be the biggest player dealt thus far this season.

Via Twitter:

It didn’t take long for Cousin’s agent to try and kill those rumors.

That Cousin’s agent denies it doesn’t make it false, however, this move would be a huge change of directions for the Kings organization.

It may also be one they may need to consider. The Kings have said they would offer Cousins the “designated player” max extension (likely around at $213 million over five seasons), and Cousins has said he would sign it. If the Kings really wanted to make him happy, they could do a Russell Westbrook style renegotiation of his contract for the coming season, then have the extension kick in after that (Boogie would sign that, too). However, do that and they have no cap space to bring in players around Cousins, they stay the same team they are right now for years.

The Kings have been reluctant at times to even engage in discussions with teams, in part because owner Vivek Ranadive doesn’t want to move the big man knowing they will go a decade before getting a player that talented on the roster again. The Kings were frustrated when former coach George Karl was insistent on moving him, and they dismissed interest from both the Boston Celtics and Cleveland Cavaliers.

But there’s also been recent talks around Boogie and the Phoenix Suns, and the situation from an outside-of-California view seems to be ripe for a split.

Cousins, for as good as he’s been, has not shown he’s enough to take the team into the playoffs. Kings management, meanwhile, has been an absolute disaster during his time there and has not done much to compliment him. The relationship seems to have soured, even as owner Ranadive has backed Cousins.

Whatever the outcome, if Cousins gets traded by the Feb. 23 deadline it will go down as one of the biggest mid-season moves this season. It’s going to be hard for Sacramento to move on from a franchise player like Boogie, but perhaps it’s time to look for a different path. For Cousins, a breath of fresh air and a little help might put his career in a new perspective as well.

Report: 76ers sat Jahlil Okafor because they were close to Trail Blazers trade

PHILADELPHIA, PA - OCTOBER 26: Jahlil Okafor #8 of the Philadelphia 76ers controls the ball against the Oklahoma City Thunder at Wells Fargo Center on October 26, 2016 in Philadelphia, Pennsylvania. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. The Thunder defeated the 76ers 103-97. (Photo by Mitchell Leff/Getty Images)
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The 76ers sat Jahlil Okafor for two games last week, openly acknowledging they were discussing trading him. Then, they played him in their final game before the All-Star break.

That prompted speculation that no deal fell through, but that Philadelphia was bluffing being close in order to drum up interest.

But maybe there actually was a near-trade.

David Aldridge of NBA.com:

On the surface, this makes sense. We know the Trail Blazers were interested in a cost-controlled center, because they traded for Jusuf Nurkic.

But that trade also makes Portland perfect cover if the 76ers are just trying to deflect from a gambit gone wrong. Not only were the Trail Blazers plausible trade partners, they already made their deal. So, there will be no questions about revisiting discussions.