Los Angeles Lakers v Sacramento Kings

Bruski: Sacramento lines up offers in effort to keep Kings

16 Comments

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.

Watch Kawhi Leonard sink game winner to lift Spurs past Wizards

1 Comment

Tell me if you’ve heard this one before: the Spurs ramped up their defense and execution in the third quarter, with their bench sparking a run that gave them the lead, then they held on and got the game-winning shot from their star on a clever play.

LaMarcus Aldridge set the screen that freed up Manu Ginobili to be the playmaker, then set another that got Kawhi Leonard a clean look at the game winner. Aldridge had 19 points on the night, but it’s those things that do not show up in the box score that gets the Spurs wins.

Plus, they just make shots under pressure.

Steve Kerr admits trying pot to deal with back pain, says leagues should treat it like alcohol

OAKLAND, CA - JUNE 19:  Steve Kerr of the Golden State Warriors speaks to members of the media after being defeated by the Cleveland Cavaliers in Game 7 of the 2016 NBA Finals at ORACLE Arena on June 19, 2016 in Oakland, California. 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 Thearon W. Henderson/Getty Images)
3 Comments

There are some inevitable changes to the American culture as the younger generation takes over from the old, things the march of time and demographics will change in spite of the beliefs and  frustration of older generations.

The legalization of marijuana use is one of them. The question is not if, but when?

Marijuana use in California was legalized in the November election, but it had been legal for medicinal use for years (under certain guidelines, such as a doctor’s prescription).

Steve Kerr has been living in California for years — he was based out of San Diego while working for TNT as an analyst, now as the Warriors’ coach he obviously lives in the Bay Area. He’s also been dealing with chronic back pain, which has required surgeries — that’s why he missed the first half of last season.

In a podcast with Monte Poole of CSNBayArea.com, Kerr admitted he tried marijuana to deal with his chronic back pain.

“I guess maybe I could even get in some trouble for this, I’ve actually tried it twice during the last year-and-a-half when I’ve been going through this chronic pain that I’ve been dealing with, and (I did) a lot of research, a lot of advice from people, and I don’t know if I would have failed a (league) drug test, if I’m subject to a drug test, or any laws from the NBA. But I tried it and it didn’t help at all, but it’s worth it because I’m searching for answers on pain. But I’ve tried pain killers and drugs of other kinds and those have been worse.”

Kerr also said he hopes the NBA and other professional sports leagues come around to treating marijuana as they do alcohol.

“I’m not a pot person… I tried it a few times and it didn’t agree with me at all. I’m not the expert on this. But I do know this: if you’re an NFL player, and you have a lot of pain, I don’t think there’s any question that pot is better for your body than Vicodin. And yet, athletes everywhere are prescribed Vicodin like it’s vitamin C, like it’s no big deal. There’s this perception in our country that over-the-counter drugs are fine but pot is bad. I think that’s changing, you’re seeing a change in these laws.. including California. But I would just hope that sports leagues are able to look past the perception. I’m sure the NFL is worried their fans are going to say “all the players are pot heads…” but I would hope the league comes to its senses rather than see these guys get hooked on pain killers.”

Kerr shouldn’t worry. The times, they are a changin’.

Report: Nets sign Donatas Motiejunas to four-year $37 million offer, Rockets have three days to match

Donatas Motiejunas, Kenneth Faried
Leave a comment

The Houston Rockets’ hand has been forced.

They had reportedly offered Donatas Motiejunas $7 million a year in a short-term deal, but pulled the offer after he didn’t sign before the date that would make him eligible to be traded this season.  Since then, the Nets — a team trying to rebuild but stripped of picks and assets — considered making a gamble on him.

Friday they did.

On paper, Motiejunas is a good fit with the Mike D’Antoni Rockets. Two seasons ago he shot 36.8 percent from three, and it is easy to see where in the transition scrambles that the Rockets’ offense creates he could run to the arc or post up smaller defenders inside early in the clock. He could be a nice reserve big in Houston.

Which is why they likely match. But now the clock is ticking.

Report: No additional fine, punishment for Draymond Green after kicking flagrant

4 Comments

Draymond Green picked up a flagrant foul after flailing his legs – this time catching James Harden in the face — and once again it’s become the topic of the day in the NBA.

If you didn’t see it (video above), Kevin Durant missed a three and Green made a good hustle play to get the offensive board and go back up, where he was fouled by James Harden. The foul threw Green off-balance and, as he does, he flailed his legs up, and his right leg caught Harden in the face. The replay center reviewed the play and called the original common foul on Harden, but a Flagrant 1 on Green for the kick. It mattered because it was overtime of a close game and that both evened out the free throws and gave Houston the ball again.

However, the league didn’t see this as the kind of intentional, malicious foul that gets extra attention, according to Chris Haynes of ESPN.

That outcome seems about right to me. This was not the Steven Adams situation. Green went up, was fouled by Harden which did disrupt his balance, and he threw his leg up. Whether he did that intentionally, just instinctively looking to draw a foul, or if it was simply a move to keep his balance is irrelevant — he got his foot up high enough to hit James Harden in the face, that’s a flagrant foul. It wasn’t severe enough to warrant a suspension or fine in my opinion, but players are responsible for their bodies on the court and if you kick a guy in the face that comes with consequences. Like a high boot in soccer, there is no room for debate here.

Is Green being watched for this more than other players? Duh. Of course he is, this is seven incidents I can think of without bothering to go to Google. Yes, other players do it too, but Green has the reputation. And the league is cracking down on it. Hence the flagrant.