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.

Carmelo Anthony on trade rumors: “I’m not going anywhere”

New York Knicks' Carmelo Anthony (7) smiles during the second half of an NBA basketball game against the Miami Heat, Wednesday, Jan. 6, 2016, in Miami. The Knicks defeated the Heat 98-90. (AP Photo/Lynne Sladky)
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Carmelo Anthony has the hammer — he has a no-trade clause in his contract. If he doesn’t want to be traded, he’s not getting traded. End of story.

Also, he loves New York.

So when he went on SiriusXM NBA Radio Saturday and was asked about the trade rumors linking him to Cleveland, ‘Melo shot those down.

There were exploratory talks involving Kevin Love going to Boston — the Knicks might have been the third team in such a deal — but the buzz around Toronto (where the NBA World has gathered for the All-Star Game) is those talks have stalled. It’s not impossible that they are revived, but don’t bet on it.

The Cavaliers are a win-now team, and if they move the floor-spacing Love they need to bring in pieces that get them closer to a title. They don’t see that now.

As for Anthony, he re-signed in New York and said he wanted to be there (and get paid.). While there may be people in his camp that think him moving on would be a good for his career, the man himself doesn’t want to go anywhere. And Carmelo Anthony has the hammer.

LeBron James amused by fuss over Tyronn Lue coaching All-Stars

CLEVELAND, OH - JANUARY 30:  LeBron James #23 of the Cleveland Cavaliers high fives Head Coach Tyronn Lue during the game against the San Antonio Spurs on January 30, 2016 at Quicken Loans Arena in Cleveland, Ohio. 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. Mandatory Copyright Notice: Copyright 2016 NBAE  (Photo by David Liam Kyle/NBAE via Getty Images)
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TORONTO (AP) — LeBron James is amused over all the fuss that accompanied Tyronn Lue getting the chance to coach the Eastern Conference in Sunday’s All-Star Game.

The honor typically goes to the coaching staff of the team leading their respective conference at the break, provided that staff didn’t also coach in the game the year before. So when the Cleveland Cavaliers fired David Blatt and promoted Lue from his assistant spot to being the coach in charge, that meant Lue also got the All-Star duty.

And while it might seem strange to some, James was quick to point out Friday at the All-Star media day that Lue “would have been here anyways, even if coach Blatt was still our coach.”

James has been criticized for what many presume to be his role in Blatt’s dismissal, and the four-time MVP says he isn’t letting that perception bother him. He also didn’t take the bait when asked to describe differences between Blatt and Lue.

James’ answer: “Their height.”

For the record, Blatt (6-foot-3) is listed to be about three inches taller than Lue.

 

The time Kobe Bryant tried to recruit Dirk Nowitzki to the Lakers

DALLAS, TX - NOVEMBER 05:  Dirk Nowitzki #41 of the Dallas Mavericks greets Kobe Bryant #24 of the Los Angeles Lakers after a game at American Airlines Center on November 5, 2013 in Dallas, Texas.   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 Ronald Martinez/Getty Images)
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TORONTO — Kobe Bryant has been loyal to the Lakers for 20 seasons (if you ignore some “trade me” tantrums along the way). He’s also been über competitive.

Those same qualities are what he most appreciates about Dirk Nowitzki.

Kobe talked a little Dirk during his All-Star media availability Friday.

“Dirk and I have always had a great relationship because we’re both extremely competitive. Also both extremely loyal to our teams,” Bryant said.

“I’ll tell you a story about Dirk. He was up for free agency, and I knew what his response was going to be. But out of respect, everybody’s looking around at all these free agents, I felt I’d shoot you a text, if you want to come to L.A. He goes, ‘I would love to play with you, but Dallas is my home. This is my team. I’m not leaving here.’ So he and I think a lot alike in that regard.”

Nowitzki’s last couple free agencies have been mere formalities, nobody around the league thought he would leave Mark Cuban or Dallas. The only questions were money and years — in 2014 the Lakers reportedly offered the max to Nowitzki, who took three-years, $25 million from Dallas so the Mavs could rebuild their roster. It’s all part of that loyalty — and it’s worked out, Nowitzki and Cuban have a ring.

Kobe’s respect for Nowitzki was clear when Dirk nailed a game winner against the Lakers this season, Kobe just nodded his approval from the bench.

One of the best things the past couple seasons about Kobe, and especially this season with just about to retire Kobe, is that he is giving honest answers. He doesn’t care what people think. That leads to honest moments and great stories.

Watch Kristaps Porzingis drop 30 at Rising Stars Challenge (VIDEO)

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TORONTO — Knicks’ fans were in full throat at the Air Canada Centre Friday night. Kristaps Porzingis was the second most popular player in the Rising Stars Challenge (behind Canada’s own Andrew Wiggins).

Porzingis didn’t disappoint, dropping 30 and sparking a World Team comeback against the USA that just fell just short, with the USA winning 157-154.

“Not great defense, but it’s about having fun, I guess” Porzingis said. “And I think we had fun out there. In the second half we got more competitive, as both teams wanted to get the win, and we fell a little short.”