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.

NBA to teams: No Hack-a-Shaq on inbounds passer

Leave a comment

NEW YORK (AP) — NBA teams need to keep Hack-a-Shaq on the court, not the sideline.

The league sent a memo to teams and referees Tuesday clarifying that intentionally fouling a player inbounding the ball will be a delay of game violation – and possibly a technical foul.

The memo, sent from league executives Kiki Vandeweghe and Mike Bantom and obtained by The Associated Press, comes in response to questions after San Antonio’s Danny Green fouled Houston’s Clint Capela as Capela was attempting to inbound the ball in a Jan. 28 game.

Citing a specific rule in the rulebook, the memo says that if a defender crosses the sideline before the ball has been thrown, a delay of game will be assessed. If it comes in the last 2 minutes of the fourth quarter or overtime, a technical foul will be called.

A technical will also be called if referees determine there was “unsportsmanlike contact” on the inbounder, and officials could also rule it a flagrant foul.

Grizzlies’ Marc Gasol breaks foot, out indefinitely

1 Comment

Just when the Grizzlies are making a move – they’re fifth the West despite dropping two straight games in overtime after winning 9-of-10 – they lose their best player, Marc Gasol.

Grizzlies release:

The Memphis Grizzlies released today the following statement on behalf of Grizzlies General Manager Chris Wallace regarding Marc Gasol:

“This morning at Campbell Clinic, Marc underwent a thorough evaluation by team physicians. During the course of this evaluation, a magnetic resonance imaging (MRI) revealed a fracture in his right foot.

“Marc is a cornerstone of our franchise, and we are focused on getting him healthy. Marc will be out indefinitely and a further update will be provided after the All-Star Break.”

Gasol (7-1, 255) is averaging 16.6 points, 7.0 rebounds, 3.8 assists and 1.35 blocks in 34.4 minutes in 52 games (all starts) this season.

Not only is Gasol the Grizzlies’ best player, he also plays their thinnest position.

Backup center Brandan Wright is injured, and Memphis has played parts of the season without a third center. The Grizzlies have been so desperate, they’ve signed Ryan Hollins multiple times – and that was with Gasol healthy.

Now, Memphis is in dire straights.

Here’s how the Grizzlies’ ratings change when Gasol is on the court to off:

  • Offensive: 102.8 to 99.5
  • Defensive: 102.9 to 103.3
  • Net: -0.1 to -3.8

And that undersells his impact. Gasol is the only Memphis player to start every game this season, so he has played with a variety of teammates – not just the team’s other top players. The Grizzlies’ dozen most-used lineups all include Gasol.

In other words, Gasol’s positive boost has also come with floormates who are typically backups. He’s not just along for the ride as his best teammates do the heavy lifting.

This injury obviously hurt Gasol, but it will also put several Memphis players in uncomfortable positions. The team’s next eight most-used players have all played a majority of their minutes with Gasol:

Gasol is an active and communicative defender and a good passer and screener. He’s easy to play with.

That’s a luxury his teammates will lose for a while.

Randolph will likely play more center and could even return to the starting lineup. He’s a nice individual defender, but needing him move quickly through rotations as the last line of defense is asking a lot. At least his low-post offense could work a little better with increased spacing if Memphis starts three wings between Conley and Randolph.

Another silver lining: This injury occurred before the trade deadline.

The Grizzlies could consider selling, but they owe the Nuggets a protected first-round pick. It’s protected top-five and 15-30 this year, top-five in 2017 and 2018 and unprotected in 2019. Memphis surely doesn’t want to convey the pick this year, which would guarantee a lottery selection. The ideal outcome is making the playoffs, guaranteeing the Grizzlies keep the pick this year, then remaining good next season and conveying a pick in the 20s.

It’s also unlikely they’d fall from they playoffs, though hardly impossible. They have a 4.5-game cushion over the ninth-place Trail Blazers

Plus, with Mike Conley entering unrestricted free agency this summer, Memphis surely doesn’t want to end the season with a poor taste in his mouth. It’ll be that much harder to secure a decent playoff seed and avoid the Warriors or Spurs – or even Thunder – in the first round. Heck, there’s no guarantee the Grizzlies have Gasol for the postseason.

Making a small trade for a serviceable probably makes most sense. Memphis will still rely on Gasol, once he gets healthy, for quite a while. He’s in the first season of a five-year max contract.

But the Grizzlies sure could use a little help as they enter this very difficult stretch.

Report: Khloe Kardashian dumped James Harden

LOS ANGELES, CA - AUGUST 07:  Khloe Kardashian Odom attends the MDA Show of Strength held at CBS Television City on August 7, 2012 in Los Angeles, California. The show airs on Sunday, September 2, 2012 at 8PM ET/PT, 7PM CT/MT  (Photo by Mark Davis/Getty Images)
Getty Images
4 Comments

Just a few months ago, Khloe Kardashian was praising her boyfriend, James Harden, for his support while her not-yet-ex husband Lamar Odom was hospitalized following a drug overdose.

Now?

US Weekly:

Khloé Kardashian is back on the market. The Strong Looks Better Naked author, 31, has split from boyfriend James Harden, a source confirms exclusively to Us Weekly.

“She dumped him weeks ago,” the source tells US

It’s definitely not common to post on a player and his girlfriend breaking up, but Harden had to know dating a Kardashian would make his personal life public. For better or worse, that’s part of the deal.

I’d be shocked if Harden didn’t knowingly accept – and probably embrace – that aspect of dating Khloe. So, here’s some publicity.

Congratulations, James.

Blake Griffin suspended four games, docked five games pay

4 Comments

Clippers president/coach Doc Rivers said the NBA would lead any punishment for Blake Griffin, who broke his hand punching a team equipment manager at a dinner. The league investigated, and…

A suspension was announced by the Clippers.

Clippers release:

The following is a joint statement from L.A. Clippers owner Steve Ballmer and President of Basketball Operations and Head Coach Doc Rivers:

The L.A. Clippers announced today that forward Blake Griffin has been suspended without pay for four games for striking a team employee on Jan. 23 and his wages will be withheld for one additional game for injuries he sustained. The NBA has assisted us in this process.

The Clippers will donate the salary from the five games to charities focused on disadvantaged youth in Los Angeles. At his request, Blake will support this activity with his time.

We have made it clear that this conduct has no place in the Clippers organization. Blake is remorseful and has apologized for his actions. He is a valued member of our Clippers family and we support him as he rejoins the team. He understands his actions have consequences, and is eager to get back to work with his teammates, the organization and Clipper Nation which starts immediately with rehab, appearances and attendance at games.

For our team and organization, it is time to move forward which begins today and ultimately concludes when we have Blake back on the court.

If you want to parse the statement, it doesn’t say the Clippers suspended Griffin. It’s in passive voice — “has been suspended without pay” — and leaves open the possibility the NBA suspended him. We just know the Clippers announced it, which would be strange for an NBA suspension. So, I believe the Clippers suspended him. I’m just not absolutely certain.

NBA suspensions typically begin only once a player is healthy enough to play. It’s unclear how that applies to this situation, but I’d guess – no matter who levied the suspension – the same rule will apply. Again, that’s not a given – especially given the hard-to-follow use of “which starts immediately with rehab, appearances and attendance at games.”

The Clippers announced on Jan. 26 Griffin would miss 4-6 weeks, a timeline unaffected by a second surgery on his swollen, scarred hand. But Rivers called a 4-6 recovery period “unrealistic.” So, if he can’t serve his suspension until healthy, good luck figuring out when that is. Probably just have to trust the Clippers.

For each game a player is suspended by the NBA, he loses 1/110th of his salary. If that applies to this suspension, it’d cost Griffin $859,442.

Teams also have their team salary as it applies to the luxury tax – which the Clippers are in line to pay – reduced by that amount. Again, more conclusion. It’s unclear whether the Clippers will get their tax bill trimmed. If they suspended him and don’t receive the savings, that’s a significant difference – $2,148,605 in tax payments (or $1,718,884 if you count only the four games actually suspended).

Four games and a fifth game of pay is probably a break for Griffin. This could’ve been much worse for him, including legal action. But Matt Barnes received just a two-game suspension for a similar situation – one NBA employee attacking another while away from official team business. What’s the difference here?

The Clippers want to move on, but this result provides more confusion than clarity.