Report: Details of Kings sale to Seattle laid out for relocation committee


While many people in Sacramento continue to work to put together a package that can help keep the Kings in in the California capital, the machinery of a sale of the team to a Seattle group planning to move the franchise north continue to move forward.

It’s reached the point that members of the NBA Board of Governor’s relocation committee were briefed on the “non-binding deal points” of a potential sale of the Kings to the Chris Hansen/Steve Ballmer group of Seattle, reports Adrian Wojnarowski of Yahoo Sports and the NBC Sports Network.

The call took place on (January 8) – one day before Yahoo! Sports reported the finalizing of a deal – and informed several league owners that the Hansen-Ballmer Seattle group would purchase 65 percent of the Kings, sources said. The league office told members of the relocation committee that the non-binding agreement would constitute 53 percent of the franchise owned by the Maloof family and an additional 12 percent from minority owner Bob Hernreich….

It is unclear if the selling of 53 percent of the Maloof’s share would leave them with any future stake in the franchise, but sources have told Yahoo! Sports that there’s no circumstance where which the Maloofs would keep any real input or governance over day-to-day team operations.

The timeline here is really March 1 — that is when a new ownership group would have to apply for relocation (that could be pushed back a couple weeks, not much more). What everyone wants to avoid is another lame-duck year with the team in Sacramento owned by the Maloofs.

That this went so far as to be laid out for the relocation committee shows it is being taken seriously. The relocation committee — ironically headed by Oklahoma City owner Clay Bennett, the guy that moved the former Sonics out of town — would delve into the details of a request to move the team and make a recommendation to the full Board of Governors (all the owners).

That said, the deal is not done. And complex deals like this one — the Kings owe $77 million to the city of Sacramento if the franchise moves plus at least $125 million to the league’s credit program — can easily fall apart over the details.

What is new here is the $525 million is how much the franchise is being valued at, but if the new owners only get a controlling interest of the team at 65 percent they would only have to pay less than $350 million. Which for a group led by Hansen (a hedge fund guy), Ballmer (the current head of Microsoft and worth $14.7 billion) and with supporting players like the Nordstrom family is no problem.

In Sacramento, mayor Kevin Johnson is working hard to put together a group and plan looking for the right to match any reasonable Seattle offer to keep the team — they are talking to people who could buy the team as well as plan for a new arena in town (which would be done now were it not for the Maloofs in the first place). Johnson wants to make his pitch to NBA ownership when they meet All-Star weekend in Houston.

While both sides push ahead, the Maloofs remain the wild card. Nobody knows what their next move might be. It would be easier to guess what Jodie Foster might say at before the Golden Globes than to guess what the Maloof family will do next.

Report: Lakers want to keep Metta World Peace… as assistant coach

EL SEGUNDO, CA - SEPTEMBER 26:  Metta World Peace #37 of the Los Angeles Lakers sits for an interview during Los Angeles Laker media day at Toyota Sports Center on September 26, 2016 in El Segundo, California.  (Photo by Harry How/Getty Images)
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The Lakers must drop two players before the regular season. The four primary candidates:

  • Nick Young, the only one of the four with a guaranteed salary. There was talk of waiving him anyway, but he has seemingly played his way onto the team in the preseason.
  • Yi Jianlian, who has the highest salary of the group. His partially guaranteed, incentive-laden contract makes him an intriguing trade chip.
  • Thomas Robinson, the youngest of the bunch. The 25-year-old might be the best center in a few years of anyone on the Lakers’ roster.
  • Metta World Peace, the oldest player on the team. He turns 37 next month and hasn’t been productive in years.

The Lakers face one tough choice. Waiving World Peace should be the easy one – and it seems they know it.

Marc Stein and Ramona Shelburne of ESPN:

The odds are against Metta World Peace making the Los Angeles Lakers’ Opening Night roster, but the Lakers have interest in keeping the veteran forward around as an assistant coach if they can’t make room for him as an active player, according to league sources.

If the Lakers want to keep World Peace to mentor young players, assistant coach is the right role for him. It’s not worth wasting a roster spot on someone who’s no longer NBA caliber.

World Peace wants to keep playing, and he could lobby other teams. I’d be surprised if he gets another NBA contract, but I was also surprised the Lakers signed him the last two years.

More likely, World Peace must decide between being a Lakers assistant and playing overseas again.

Heat reportedly not shopping Goran Dragic, tell him trade rumors are untrue

MIAMI, FL - SEPTEMBER 26: A portrait of Goran Dragic #7 of the Miami Heat on September 26, 2016 in Miami, Florida. (Photo by Rob Foldy/Getty Images)
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The Heat and Kings reportedly discussed a trade that would send Goran Dragic to Sacramento for Rudy Gay and Darren Collison.

Could such a deal happen?

Miami is clearly sending out word from its end: No.

Barry Jackson of the Miami Herald:

Dragic on Erik Spoelstra, via Ira Winderman of the South Florida SunSentinel:

“He just said those rumors, they’re not true.”

Reminder: Mario Chalmers said the Heat told him they would keep him shortly before they traded him.

Teams get the most from players when they’re happy, and job security pleases most people. So, teams often assure players they won’t be traded. If a team violates that trust by dealing a player anyway… that’s no longer the team’s problem. The player is fuming elsewhere.

I don’t know whether the Heat will trade Dragic this season. Their assurances and signals mean something, but only so much.

I do know Dragic is on the wrong side of 30 and has a long-term contract that makes little sense on a rebuilding team.

Report: Cavaliers in advanced discussions on trade for point guard

CLEVELAND, OH - OCTOBER 5: Kay Felder #20 of the Cleveland Cavaliers shoots over C.J. Watson #32 of the Orlando Magic during the second half of a preseason game at Quicken Loans Arena on October 5, 2016 in Cleveland, Ohio. The Cavaliers defeated the Magic 117-102. 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. (Photo by Jason Miller/Getty Images)
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The Cavaliers should be fine at point guard in games that matter.

Kyrie Irving is an excellent starter. When Irving rests, LeBron James – in addition to his minutes at forward – can serve as primary ball-handler with an extra wing on the floor.

But Cleveland wants to limit LeBron’s and Irving’s playing time to preserve them for another long playoff run, which means finding a more traditional backup point guard for the regular season.

The Cavs have Kay Felder, but the transition from the Horizon League to the NBA is a difficult one for anyone, let alone a 5-foot-9 rookie who was drafted No. 54 overall. Mo Williams is somewhere between injured and retired. They might like to add Mario Chalmers, but he’s not healthy enough yet.

Another option: Trade.

Joe Vardon of

The Cavaliers are pursuing a trade to acquire a backup point guard and are hoping to make a deal before the season starts Tuesday, sources told

The Cavs are in advanced discussions with at least one club, according to a source, and could make one or multiple trades to fill the one, glaring need on a team otherwise built to defend its 2016 championship.

Whom are the Cavaliers targeting? Your guess is as good as mine.

Whom could they trade? That’s much easier to predict, but far from certain. Shumpert could be the odd man out, especially since J.R. Smith re-signed. Cleveland will probably drop one of Jordan McRae, Dahntay Jones or John Holland before the regular season, but I doubt any of those three would return much. The Cavs also have multiple trade exceptions and draft picks, though they have already dealt some picks.

This situation was predictable as soon as the Cavaliers let Matthew Dellavedova leave for Milwaukee. Did they not see it coming, or do they have an ace up their sleeve at the last minute?

Watch Pelicans’ Anthony Davis drop 33 in his return to court


Anthony Davis missed a chunk of the preseason after spraining his ankle in a game against the Rockets during the league’s tour of China. He was considered questionable to return for opening night.

He came back faster than that, in time for New Orleans’ final preseason game Thursday night — and he looked good doing it. Very good.

Davis had 33 points, 13 rebounds and four assists’ in the Pelicans’ 114-111 overtime loss to Orlando. He was red hot from the start as he scored 16 points in nine minutes of the first quarter.

This is a good sign for the Pelicans, who are going to need Davis (and rookie Buddy Hield) to carry the scoring for the team to start the season as they are without Jrue Holiday and Tyreke Evans for an extended period.