Bruski: Sacramento lines up offers in effort to keep Kings

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It has been a whirlwind of a week for Kings fans and the Sacramento Kings relocation story in general.

We reported first in this saga that ‘Kings to Seattle’ was not a done deal, as sources close to negotiations told us there were many hurdles for the deal to clear, and that Sacramento had multiple, qualified buyers that could either meet or beat Chris Hansen’s offer.

This has played out over the last 24 hours as multiple buyer groups have stepped up in Sacramento to buy the Kings, including a group that is connected to Ron Burkle.

In terms of the math and money, as we reported in September the reason Sacramento has a shot against top-tier owner prospects such as Seattle’s Hansen and billionaire deluxe Steve Ballmer is that they don’t have to pay as much for the team.

Anybody moving the team will have to account for at least $100 million in unpaid loans to Sacramento (~$75 million) and relocation fees (~$30 million), and this is a very low estimate. That number increases as you account for moving costs, and the fact that the relocation fee could be more than $30 million. We’re reporting that this number could go as high as $300 million if the league really wants to flex its muscles in getting what it wants.

Our report Thursday estimated a $425-450 million price tag for Sacramento to hit in order to start outperforming Seattle’s offer. Sam Amick of USA Today was able to confirm with Sacramento mayor Kevin Johnson at his charity event that this was indeed the city’s initial target, and also that the mayor would be approaching David Stern to speak at the NBA’s Board of Governors meeting.

In a moment of levity at that charity event, attendee LeBron James was asked by Johnson if he could buy the Kings and keep them in Sacramento and he responded with, “get me my check book.

LeBron isn’t going to have to reach far because Sacramento buyers have been making themselves known over the past 24 hours. Mark Mastrov, former CEO of 24 Hour Fitness and San Francisco investment firm JMA Ventures have thrown their hats in the ring.

JMA Ventures is proposing to buy the team and build a $400 million downtown arena where a downtown mall they recently purchased currently sits. CBS 13’s Steve Large reports that group includes Darius Anderson, who is the same man that connected mayor Johnson to Ron Burkle.

According to sources there are more interested buyers being filtered through the process, too. The Sacramento market is all-but rubber stamped with $200 million or more of public investment toward a new arena and has an extreme level of fan support. Being the No. 20 television market doesn’t hurt, but having no other sports teams to compete with is what puts it in the same category as a larger market like Seattle, which has the Seahawks, Mariners, and Sounders to steal entertainment dollars.

In Sacramento, all they have is the Kings.

Assuming Hansen and his group don’t want to start acting like the drunk guy at an auction, then the NBA is going to be choosing between two similar offers. The owners in Sacramento might not be Ballmer-rich, but Burkle was good enough to drop David Stern’s jaw and Mastrov finished second to Joe Lacob’s group in Golden State, ahead of Larry Ellison.

The NBA isn’t picking between steak and chopped liver, here.

But if for some reason they don’t let California’s capitol city have a shot here, and they allow the team to be moved to Seattle, then the NBA will be the ones left holding the Sacramento’s beating heart after the Maloofs rip it out of their convulsing chest.

Charles Barkley said it best on TNT:

“I’ve always like the Maloof brothers, but they’ve screwed this thing up royally. All these teams try to screw these cities, that’s what the deal is. I don’t think it’s right for all poor people to build these cities all these major stadiums year after year after year. Every ‘x’ amount of years, they screw the fans and the taxpayers and make them build them bigger stadiums and bigger stadiums and bigger stadiums. I think these owners are worth so much money … does a city benefit? Of course a city benefits. But this thing in all sports been screwing these fans for the last 30 years, moving from city to city. Because those people in Sacramento, those were some of the best fans in the world. They screwed Seattle because they wouldn’t give them a new arena, and those fans in Seattle were amazing. But this is all about the owners just being greedy and screwing these fans.”

We’ve reported the NBA’s billion dollar subsidy issue here for nearly two years now, as the league and its players have received over $3 billion in public funds for arenas since 1990.

This happens because the league and its owners pit cities against one another with threats of relocation if a city doesn’t pay up for an arena, but in the case of Sacramento they did everything they could and then some according to multiple league sources.

One league source with intimate knowledge of the situation called it “a model offer of public funds.”

The league is walking dangerously close to the line in which people get fed up and they start to lose those subsidies they love dearly. In Seattle, yes their own politicians screwed up and were culpable in the matter, but the league’s underhandedness and heartlessness was brought to life in the documentary Sonicsgate. It’s not pretty.

But unlike that story that was told after the fact, the saga in Sacramento is playing out in real-time. The NBA media is getting constant updates on their Twitter feed about the incompetent, despicable Maloof family and how they’re leaving the house in worse condition than they found it.

This twisted tale is filtering all the way down to the fans, and when Charles Barkley talks about the deplorable business tactics of the NBA on TNT the cat is out of the bag.

This isn’t just league insider talk anymore, it’s coffee talk.

If the Kings leave Sacramento, it will transcend sport. The story of Sacramento Kings fans, arena workers, and the like will make the morning talk show rounds, ultimately culminating in a national discussion about the role of public money in professional sports.

Seattle — a victim of the system – is excited that their Sonics might be coming home, but the mere exercise of having to replace the team that was stolen from them is a trying experience.

And even if they can secure an NBA team, some Sonics fans are having trouble with their own moral relativism.

For years they’ve railed on the NBA for stealing their team and now they’re trying to steal Sacramento’s team. They’re slowly understanding what it means to have that blood on their hands, and many Seattleites are already speaking out saying the juice isn’t worth the squeeze – especially when they know they stand a very good chance of getting a team down the road under more moral circumstances.

Unlike the Oklahoma City fans that can point at Seattle’s politicians and argue that they slept on the job – Seattle fans have no such target.  Kevin Johnson has moved mountains to keep this team while the Maloof family can’t get out of their own way.

Besides wanting to move the team since they purchased it and ruining every arena deal the city tried to create in good faith, the Maloofs sold profitable businesses to build a pipe dream casino a mile off the strip in Vegas and it led to their downfall.

Rather than atoning for their financial mistakes, the Maloofs have dragged the league through embarrassment after embarrassment through the years, all because they cannot afford to own an NBA team.

Every subsequent episode is their worst one and the shenanigans come with increasing frequency, as just Friday night a report surfaced that their Palms Casino was getting popped with a $1 million fine for a prostitution and cocaine ring (no word if the price of the Kings just went up).

This isn’t a case of Sacramento not deserving the team, or not having the wherewithal to keep the team, but rather a case of a Maloof family that makes Antoine Walker look like Warren Buffett.

Sacramento has been paying for this Maloofery for years, and nobody is comfortable with an indecent proposal leaving Kevin Johnson at the altar. Not Stern, not Seattle, and probably not Gavin and Joe Maloof — whose love of Sacramento has been trumped by brotherly grudges and family needs.

It’s against this twisted backdrop that sources close to the situation believe Sacramento has a chance, and some sources believe they are actually favored to keep their team. I happen to share that belief.

Once again it all comes back to the NBA. They can tell the Maloofs what to do here. If the offers between the cities are close, they can decline the move to Seattle and force the Maloofs to take them to court in an antitrust case if they don’t like it.  There, the league can show a laundry list of claims that show the Maloofs are putting the league’s subsidy industry at tremendous risk by selling to Hansen.

After all, what city or politician can sell their constituents on making a long-term investment in the NBA when Sacramento did everything a city could to protect their investment and got told to kick rocks.

Also in the NBA’s arsenal would be the aforementioned increased relocation fee up to $300 million, and if push comes to shove David Stern can remove the family from the league using the ‘best interest of the league’ clause.

Regardless of what some of their intermediaries might like you to think, the Maloofs aren’t going to wade too far into those waters.

With the family’s debt to the league upwards of $127 million and as high as $217 million by some reports, and their financial situation a total mess, they’re bringing a whoopee cushion to a gun fight if they want to go to court.  And if they do, they won’t have the law on their side unless Hansen can drastically overpay for the franchise, giving the Maloofs the argument that the league is costing them significant money by forcing them to sell to Sacramento.

Even then, the cash-strapped and beleaguered Maloofs would still have to win that battle in court.

Looking outside the courtroom and toward the league office, there has been a lot of talk about the wrongs that David Stern wants to ‘right’ in Seattle, and how he wants to remove that inscription from his tombstone.

You can’t cross out Seattle’s name and simply write in Sacramento’s and change your legacy.  We all learned in kindergarten that two wrongs don’t make a right.

But that’s not what’s really at stake here.

As usual it comes down to the money, and with all things equal in this case the threat of killing the public subsidy goose will be the tiebreaker.

With Kevin Johnson’s legitimate, comparable offer from more-than-reputable buyers in hand, the NBA will have to both look a gift horse in the mouth and sanction Sacramento’s open-heart surgery if they move the team to Seattle.

And if they do, it’s going to leave a mark. A $3 billion mark.

And unless you’re the Golden State Warriors that’s not good for business.

PBT Podcast: Cavaliers, Bucks, Central Division Preview with Dan Feldman

Associated Press
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LeBron James and the Cleveland Cavaliers remain the team to beat in the East — I’m not picking against his team to win the Eastern Conference until someone beats them. This year’s Cavaliers may be deeper than previous years.

However, much of the Central Division is intriguing this season. Milwaukee is a team that, on paper, should take a step forward, but never seem to do that two years in a row. Still, they have Giannis Antetokounmpo and that makes them must watch. Detroit has one of the best centers in the game in Andre Drummond, and they have Marcus Smart on the roster now, but can Reggie Jackson bounce back? Then there are the Bulls and Pacers, both of whom are rebuilding.

Kurt Helin and Detroit-based Dan Feldman of NBC Sports break down the Central Division in this latest PBT Podcast.

As always, you can check out the podcast below, or listen and subscribe via iTunes (just click the button under the podcast), subscribe via the fantastic Stitcher app, check us out on Google play, or check out our new PBT podcast homepage and archive at Audioboom.com.

Reports: Dwyane Wade “leaning heavily” toward joining Cavaliers

Associated Press
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This race may have been decided before it ever started.

While Miami has the draw of home, and Paul George and Russell Westbrook have come hard at him, it seems Dwyane Wade always knew where he wanted to be after Chicago — reunited with LeBron James. Just now in Cleveland. From Joe Vardon of the Cleveland Plain Dealer.

Dwyane Wade is leaning heavily toward the Cavaliers as his new team once he clears waivers and may have already decided on a reunion with LeBron James, league sources with knowledge of Wade’s thinking told cleveland.com…

Wade has given no indication publicly what he will do, and at least three teams — the Oklahoma City Thunder, San Antonio Spurs, and his old team the Miami Heat — are interested in him. His agent is taking calls from those teams and others, and Wade told the Associated Press he would do his due diligence as well.

Adrian Wojnarowski of ESPN confirmed this.

This is not a shock.

What does Wade want in a destination? A chance to make another run at a ring, minutes, and a comfort level with the organization. Cleveland provides all of those, plus easy access to the Gravy Fries at Greenhouse Tavern (which may not be on Wade’s in-season approved list by his nutritionist).

Even without Kyrie Irving, the Cavaliers are and should be the favorite to come out of the East, then take their swings at the Warriors (or whoever comes out of the West, I feel obligated to write just to be nice to the folks in Houston and Oklahoma City). The Cavaliers are smack in the middle of the NBA’s second tier. Wade averaged an efficient 18.3 points per game for the Bulls last season, and he can for stretches still dial-up his vintage self and dominate games.

Wade would probably start at the two over J.R. Smith, and even if he came off the bench he could get just about all the minutes his aging knees will handle. That said, I’m not sure the Cavs can play Wade and Derrick Rose together, particularly during the playoffs, due to spacing and defensive issues. And obviously, with his good friend LeBron there, Wade has comfort with the organization (just don’t expect him to sign more than a one-year deal).

This was always the most likely outcome, Wade and LeBron together again for one more run.

John Wall urges Tom Brady, Aaron Rodgers to defend Kaepernick

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When Donald Trump ranted last Friday night to slam the NFL, then turn around Saturday morning and revoke his invitation to the Warriors to visit the White House — in a classic “you’re not breaking up with me, I’m breaking up with you” move — the biggest names in the NBA responded. LeBron James, Chris Paul, Adam Silver, Kobe Bryant, Carmelo Anthony, Dwyane Wade, Bill Russell, Gregg Popovich, Steve Kerr, and many others responded to stand behind the Warriors and behind NFL protestors and Colin Kaepernick.

John Wall said at media day he thinks the NFL’s biggest stars need to go after Trump as well, specifically calling out Tom Brady and Aaron Rodgers in an interview on CSN MidAtlantic (seen above).

“Most of our franchise guys or big-time players in the league are African-Americans. You have Chris Paul, you have Dwyane Wade, you have Carmelo Anthony, you have LeBron James that went and talked at the ESPYs….

“So you have guys like Tom Brady, Aaron Rodgers — love those guys, very talented. Until those guys come out and speak, I don’t think the NFL is going to make any adjustments. Remember when we were dealing with our stuff, with [former Clippers owner] Donald Sterling and all that type of things, it was like, ‘Well if LeBron and those guys don’t come out, if Kobe don’t come out and say nothing, it’s never going to be a stand taken.’ When those guys came out and started talking, what happened? He’s fired. The stand stood. Until those guys in the NFL come up and stand up for Kaepernick and for those guys … until they do that, I don’t think anything’s going to change.”

I’m not sure Donald Sterling was the best analogy because the league was more than happy to push him out the door once the window opened, he had been an embarrassment for a long time. The players’ words helped, but they were one part of a much larger push.

But his point is valid. NFL owners — including the ones who backed and donated to Trump during the election — called him out, and rightfully so. What kind of person comes out in favor of concussions and against player safety and long-term health? But where are the voices of the two biggest names at the most prominent position in the NFL?

Three questions the Boston Celtics must answer this season

AP
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The NBC/ProBasketballTalk season previews will ask the questions each of the 30 NBA teams must answer to make their season a success. We are looking at one team a day until the start of the season, and it begins with a look back at the team’s offseason moves.

Last Season:
53-29, lost to the Cleveland Cavaliers in the Eastern Conference Finals.

I know what you did last summer: Sent Avery Bradley to the Detroit Pistons, a move they could potentially regret after dealing Jae Crowder and Isaiah Thomas to the Cleveland Cavaliers for Kyrie Irving. The Celtics also signed big time free agent Gordon Hayward away from the Utah Jazz. Finally, Boston took Jayson Tatum in the 2017 NBA Draft.

THREE QUESTIONS THE CELTICS MUST ANSWER:

1) Can Irving lead without diminishing the role of other starters? I think it’s a complete misnomer to think that Irving is solely a one-on-one, isolation type player. However, fans do like to get in a very black-and-white mode when analyzing players, and bias can show strongly here.

Irving has said that he wants to be more of a team player when it comes to the Celtics, which is good news for Brad Stevens and company. Irving is an excellent offensive player, and his talents should not be wasted, but there is some concern that he might dominate too much of the ball and won’t give a guy like Hayward and enough room to operate. That might’ve worked okay last season when Thomas was the engine that made the Celtics go, but Boston arguably has a better starting five this season than last.

I think there is real issues here when it comes to fit moving forward, and it is going to center around whether Irving can play team defense and handle the leeway he will be given on offense. Remember, the other thing here that hasn’t been talked about much is the extra operating space that Irving will be granted now that he is out of LeBron James‘s shadow. It might be very tantalizing to take advantage of that situation, but for Boston’s success he will need to find a happy place in between.

2) What kind of bench depth can the young players produce? Boston didn’t want to trade Avery Bradley away, but they also didn’t want to pay him. That issue becomes doubly as important now that they used Jae Crowder, the successor that wing spot, to deal for Irving.

The Celtics are a top-heavy team this season even if they did get better. They will rely more and more on guys like Marcus Smart, Jaylen Brown, and the rookie Tatum.

Marcus Morris will be a huge part of their rotation as will Aron Banes with Kelly Olynyk in Miami. Danny Ainge is playing the long term look here, so it won’t necessarily matter if the team isn’t on par next season to him. However, a championship style run for this season will depend on immediate production from the three young wing players.

3) Are they good enough to get past the Cavaliers this time around? This is the big question that everyone in Boston wants to answer. The Cavaliers are their longtime rivals in the Eastern Conference, and now that they have swapped roster pieces it will be more than just basketball on the floor. It will be a social curiosity.

Whether or not the Celtics will be good enough to get past LeBron James will really depend on the answers to questions one and two above. The only way that Boston can replicate their production from last season will be to jell together quickly. That means getting a real rhythm on offense between Hayward, Horford, and Irving.

It also means finding a way to play defense with Irving at the point guard position. It’s all well and good to say that both Thomas and Irving have been liabilities on defense, but now teams have game tape on what Stevens did with his squad on that end of the floor come playoff time. This team will need to stiffen and do some things to mix it up to make sure they aren’t beat by their own game film next spring.