Seattle_Sonics

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

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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.

NBA suspends Hassan Whiteside for elbowing Boban Marjanovic’s head

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Hassan Whiteside lost his cool and elbowed Boban Marjanovic in the head Tuesday.

The Heat center received a flagrant 2 and an ejection, and now he’s getting the rest of his punishment.

NBA release:

Miami Heat center Hassan Whiteside has been suspended one game without pay for throwing an elbow and making contact with the head of San Antonio Spurs center Boban Marjanovic, it was announced today by Kiki VanDeWeghe, Executive Vice President, Basketball Operations.

The incident, for which Whiteside was assessed a Flagrant 2 and ejected, occurred with 9:35 remaining in the fourth quarter of the Spurs’ 119-101 win over the Heat at AmericanAirlines Arena on Feb. 9.

Whiteside will serve his suspension when Miami plays the Atlanta Hawks on Feb. 19 at Philips Arena.

The suspension will cost Whiteside $8,921. As a result, the Heat – in line to become the first team in NBA history to pay the repeater luxury-tax rate – trim their impending tax bill by $24,534.

More importantly for Whiteside, this will be a strike against him for teams considering offering him a big contract in free agency this summer.

Michael Kidd-Gilchrist tears labrum

Michael Kidd-Gilchrist
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October:

Michael Kidd-Gilchrist‘s shoulder injury?

It’s bad.

Now:

Michael Kidd-Gilchrist‘s shoulder injury?

It’s bad.

Hornets:

Kidd-Gilchrist tore his labrum in the preseason, and the injury was expected to sideline him for the year. But he returned a couple weeks ago and helped Charlotte go 5-2.

Now, another setback. This is just awful news for Kidd-Gilchrist and the Hornets. He had worked so hard to get back.

Hopefully, this injury isn’t as severe and Kidd-Gilchrist can play again this season.

Report: Rockets working with Dwight Howard’s agent on trade

OKLAHOMA CITY, OK - JANUARY 29: Dwight Howard #12 of the Houston Rockets leaves the game after he was ejected during the third quarter of a NBA game against the Oklahoma City Thunder at the Chesapeake Energy Arena on January 29, 2016 in Oklahoma City, Oklahoma. 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 J Pat Carter/Getty Images)
J Pat Carter/Getty Images
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The Rockets have a lot of problems.

One of them is Dwight Howard.

Howard plans to opt out this summer, and he could command a max contract. Does Houston want to pay the 30-year-old center that much?

That question has become increasingly essential as Houston – losers of three straight and six of eight – has sunk out of playoff position. If Howard can’t help the Rockets achieve anything of note this season, determining his place past this season takes priority.

On that note…

Adrian Wojnarowski of Yahoo Sports:

The Houston Rockets have started contacting teams about trading eight-time All-Star Dwight Howard, league sources told The Vertical.

The Rockets are working with Howard’s agent, Dan Fegan, on possible destinations, league executives told The Vertical.

Working with Fegan is imperative. Because Howard can become an unrestricted free agent, teams will fear him walking in free agency and propose trades to the Rockets accordingly. That could sink Howard’s value below the threshold where Houston would trade him.

But Howard and Fegan can assure certain teams Howard would re-sign, which would make Howard more valuable to them – and boost their trade offers. The NBA forbids under-the-table agreements, but these discussions happen.

Teams could also look at Howard as a rest-of-season rental, but it’s tough to find win-now teams that need a center. And again, it’s less likely a team would value Howard as a rental enough to appease the Rockets’ trade demands.

For Howard, this could be a chance to secure a larger contract. His max projects to be about $170 million over five years if he re-signs or $128 million over four years elsewhere. Ideally for him, he’ll finish the season with a team he wants to re-sign with.

Is that Houston? He’s reportedly unhappy taking a backseat to James Harden, though he denies it. The Rockets’ dismal record certainly doesn’t engender confidence from anyone.

The Celtics and Rockets reportedly talked Howard trade, and the notion Houston won’t trade Howard looks outdated.

It’ll still take multiple sides to make a deal happen – the Rockets, a trade partner and, depending on the details, probably Howard. Those are a lot of hurdles.

But it seems Houston is ready to try clearing them.

Report: Patrick Beverley to drop from All-Star Saturday Skills Challenge title

Patrick Beverley
Associated Press
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Last season, the Rockets’ Patrick Beverley won the NBA All-Star Saturday skills challenge because of his jump shot. In head-to-head battles with the Hawks’ Jeff Teague and the Bucks (now a Sun) Brandon Knight, Beverley fell behind on the passing part of the competition but made up the ground by knocking down his jump shot at the end.

He was set to come to Toronto to defend his skills title but has been forced to back out due to injury, according to Adrian Wojnarowski of The Vertical at Yahoo Sports.

After tweaking his ankle Wednesday night in a loss to Portland, Houston Rockets guard Patrick Beverley will not travel to Toronto to defend his skills competition title at All-Star Weekend, league sources told The Vertical.

Beverley wants to rest the ankle over the All-Star break for the Rockets’ final push to make the Western Conference playoffs.

This has yet to be confirmed by the NBA, nor has a replacement been named, but no doubt Woj is accurate on this. No player would risk further injury for a skills competition.

The Rockets have lost six-of-eight, and with the loss to the Blazers Wednesday night have fallen out of the playoffs in the Western Conference. They will need all their players healthy, including Beverley, but they will also need a lot more than that to climb back in the race — they need to start playing defense, they need to stop becoming disinterested for large stretches of the game, and they need someone in that locker room to step up and be a serious leader of men.