Los Angeles Lakers v Sacramento Kings

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.

Heat owner Tweet to Chris Bosh: “look forward to seeing in camp”

NEW YORK, NY - JANUARY 26:  Chris Bosh #1 of the Miami Heat looks on against the Brooklyn Nets during their game at the Barclays Center on January 26, 2016 in New York City.   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 Al Bello/Getty Images)
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This is the clearest sign yet that Chris Bosh is going to suit up for the Miami Heat this season.

The past two years Bosh has missed the end of the season with a very serious blood clotting issue. He has been working out, saying this week he’s hooping. He’s been frustrated with how the Heat have handled his health situation, including leaving this season hanging. But it sounds like the owner wants him to be ready to play — and owners get what owners want.

There are questions still to be answered: Will Bosh still be on blood thinners, and will he come off them on game days? Will there be restrictions on his travel? Will there be restrictions on his minutes?

But Bosh wants to play, and it sounds like the Heat owner is down with that.

The Heat are a much better team with Bosh on the court — he averaged 19.1 points and 7.4 rebounds per game, shot 36.7 percent from three and a true shooting percentage of 57.1, plus he had a PER of 20.2. He was an All-Star, but couldn’t play in the game because of the clotting issue.

With Bosh, the Heat are in the mix for a playoff spot this season. The question is, will they have him for the full season.

Sixers waive both Carl Landry, just acquired Tibor Pleiss

Philadelphia 76ers' Carl Landry smiles after making a basket during the second half of an NBA basketball game against the New Orleans Pelicans, Tuesday, April 5, 2016, in Philadelphia. The 76ers beat the Pelicans 107-93. (AP Photo/Michael Perez)
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Carl Landry and Tibor Pleiss are going to get paid this year — they both had fully guaranteed contracts for this season.

But they are not going to be playing for the Philadelphia 76ers this season — both were waived by the team on Thursday. This was not unexpected. Both players salaries will count against the cap for the Sixers (they are still $16 million below the league salary floor).

Once they clear waivers, both players will be unrestricted free agents (Landry likely will latch on with another team for the league minimum, Pleiss may as well or could head overseas).

Landry will still make $6.5 million (fourth highest on the Sixers) but would have been battling for minutes in crowded and young frontcourt with Ben Simmons, Dario Saric, Nerlens Noel, and Jahlil Okafor (among other potential players, for example the Sixers are high on Anthony Barber).

Pleiss is in the same boat in terms of minutes, he was acquired from the Jazz along with a couple of second round draft picks just a few days back (the Sixers sent Utah Kendall Marshall, who was promptly waived). That trade was really about getting the picks — a very Sam Hinkie move by Bryan Colangelo.

This didn’t move the needle much on the Sixers season.

Trail Blazers Noah Vonleh out 3-4 weeks following leg surgery

LOS ANGELES, CA - APRIL 17: Noah Vonleh #21 of the Portland Trail Blazers shoots over DeAndre Jordan #6 of the Los Angeles Clippers during the first half in Game One of the Western Conference Quarterfinals during the 2016 NBA Playoffs at Staples Center April 17, 2016, in Los Angeles, California. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using the photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Kevork Djansezian/Getty Images)
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This is a huge season — a contract kind of season of sorts — for Noah Vonleh in Portland. The team has an option on him next season (the third of his rookie deal), and to impress people he is going to have to earn minutes at the four in front of Al-Farouq Aminu, Moe Harkless, Meyers Leonard, and Ed Davis.

The Blazers have high hopes for Vonleh, he was a central part of the Nicolas Batum trade with Charlotte. However, watching Vonleh at Summer League — 12 points a game on 46.3 percent shooting, 8.8 rebounds a game in more than 30 minutes a night — he didn’t show the development anyone had hoped to see. He should have dominated at that level. He didn’t.

Now there another injury setback for him.

He should be good to go around the start of training camp at the end of September.

But he can’t afford a slow start in training camp (that set him back his rookie season). He needs to show what he can do from day one, or Portland is going to move on without him.

Report: Celtics waive non-guaranteed John Holland, still have battle for last roster spot

BELGRADE, SERBIA - JULY 08: John Holland (R) of Puerto Rico in action against Dairis Bertans (L) of Latvia during the 2016 FIBA World Olympic Qualifying basketball Semi Final match between Latvia and Puerto Rico at Kombank Arena on July 08, 2016 in Belgrade, Serbia. (Photo by Srdjan Stevanovic/Getty Images)
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The Boston Celtics have 16 players with guaranteed contracts and NBA rules allow just 15 players on the roster. Which means if a trade doesn’t happen by the start of the season, someone is going to get cut but still paid for the season.

This doesn’t change that.

The Celtics signed guard John Holland last season (he played a total of one playoff minute for them), but the deal was not guaranteed for this season. From Shams Charania of The Vertical at Yahoo Sports.

This was expected. Holland, who has played on the Puerto Rican national team, will be looking for a new gig either in the D-League or overseas (it’s unlikely an NBA team offers more than a training camp invite) By the end of training camp, the Celtics also likely will cut second-round pick Ben Bentil of Providence, who had a partially guaranteed deal.

That will leave R.J. Hunter and James Young battling it out for the final roster spot in Boston.