anderson kj romani

Sacramento mayor Kevin Johnson lays out framework for Kings to stay put

13 Comments

With reports swirling that the Kings’ move to Seattle is a mere formality at this point, the story on the ground in Sacramento is much, much different.

In the end, this story comes down to three things:

1. Can Seattle’s Chris Hansen close a deal with the Maloofs to buy the Kings? (According to reports, it was first and goal at the one-yard line about a week ago)
2. Can Kevin Johnson secure the opportunity to meet or beat that offer?
3. What will the NBA’s Board of Governors decide to do?

As we reported in September, in order for Seattle to be able to beat Sacramento’s offer financially they would have to drastically overpay for the team. This is because Sacramento owners do not have to worry about the Maloofs’ loan to the city, relocation fees, or moving costs.

The offer in Seattle has been reported to be $525 million based on the overall valuation of the franchise, so Sacramento can pay $425-$450 million based on the overall valuation of the franchise and still end up providing more money to the Maloofs than Seattle can.

With sources speaking to PBT on the condition of anonymity saying Sacramento has multiple buyers that meet both the city and NBA’s criteria for owning a franchise, the pertinent question has been whether or not David Stern and the other owners would allow Sacramento to present their offer.

We got that confirmation today at the State of Downtown Sacramento Breakfast when mayor Johnson announced that Stern had indeed approved Sacramento’s request to speak at the Board of Governors meeting in April.

This is an extremely significant development in this story. First, it displays the trust that has grown between Stern and Johnson, as well as between Stern and the city of Sacramento, who has met every deliverable that has been asked of them in the Maloof debacle.

Second, it shows that Stern and the other owners are willing to let this relocation issue play out at a more visible level. If they had no intention of giving Sacramento a chance, then it would be a curious decision to give the critical voices blasting the NBA for its relocation practices the oxygen to continue bashing them.

Indeed, the city of Sacramento has presented a “model offer of public funds” according to one league source, and for a complete rundown of what a decision to move the team from Sacramento would look like, you can check out previous write-ups about the NBA’s billion dollar subsidy industry and how that plays into the league’s decision-making here.

In short, the league has leveraged cities into providing $3 billion of public money since 1990 for the creation of state-of-the-art arenas – all predicated on the assumption that a long-term partnership would be honored so long as both parties are acting in reasonable good faith.

If Sacramento has done everything it can to keep their team, a fact that is not in dispute, then leaving them at the altar because the Maloof family ran their own finances into the ground is going to be a major problem the next time they go to ask a city for money.

Most importantly, with sources close to the situation confident that they will have an actionable offer that will reasonably meet or beat the amount of money that Hansen can put into the Maloofs’ pockets — assuming he and partner/Microsoft CEO Steve Ballmer don’t turn into the drunk guys at an auction — then Stern and the other owners are going to have to make an unprecedented decision to move the team out of Sacramento.

Not only would a Sacramento offer likely break the NBA record purchase price of a franchise, and include an actionable plan to build a brand new arena with a league vetted public-private partnership, but a decision to move the team would mark the first time a mid-market city had been poached for a larger market when the original city had everything the league could ever ask for in place at the time of the move.

Looking at the Maloof side of the equation, they are both driving this discussion but are also operating at an extremely weakened position in this debacle. Owing as much as $200 million by various reports and facing a financial crisis of their own (they just made a cash call to minority investors according to NBA.com’s David Aldridge), it would be a shocking move if they did not sell the team at this stage of the game.

Furthermore, both the family and the NBA could be in for a messy breakup should Sacramento not be given a fair chance to buy the team.

Any lawsuit filed by the city to stall the deal for what legal sources say could be any number of criteria relating to the improper moving of the franchise, including but not limited to union workers’ rights and the lack of a local bidding process, would necessarily put the Maloofs into a lame duck season in Sacramento.

When considering the Maloofs’ messy financial situation and considering the league’s likely desire not to get into a protracted battle over the Kings, all signs point to Sacramento getting a chance to present their offer with everybody at the table willing to vote their way should the deal points pan out as Sacramento sources say they will.

For all of the talk about the Maloofs not wanting to sell to a Sacramento buyer, and confirming Sam Amick’s must-read report about the situation, the talk of Ron Burkle appears to be overstated at this point.

There are sources in Sacramento that believe he could still be a party to these talks, but that the KJ camp is not relying on any one white knight at this time. It has been reported here and elsewhere that the Maloofs don’t want to sell to him because of their dislike for the billionaire, who they believe ruined their chances to move to Anaheim in March of 2011.

The reality here is that they are going to have to fall in line with what the NBA’s BOG decides or face the prospect of a lame duck season going heads up against both the NBA and Sacramento, and in their financial situation that is a non-starter according to most sources with knowledge of the situation.

These sources aren’t going to predict what the Maloofs will try to do, but most believe that the family will take a financially favorable offer in Sacramento and also that if the league decides to back Sacramento in a relatively close deal that they family will back down and take the offer.

With the decision to have Kevin Johnson out to the BOG meetings already made, the focus of this story shifts to the work at hand for Sacramento. They have to get their ownership group finalized and ready for presentation.

Those following the situation should not be surprised if a deal is announced in Seattle, but like the San Francisco Giants’ eventually blocked sale to Tampa Bay in August of 1992 this will be decided by the owners once Johnson’s deal is finalized should Hansen come to an agreement with the Maloofs.

And for those handicapping the action, Kevin Johnson is not going to make that presentation without having owners in place that meet the shared criteria of both his camp and the NBA office. He will come boasting a ravenous No. 20 television marketplace with some advantages and disadvantages compared to Seattle, but nobody will deny Sacramento’s appetite for NBA basketball.

In 24 hours since announcing their grassroots effort, Here We Buy has received pledges totaling nearly $10 million from local individuals and businesses toward season tickets under the new ownership group.

Johnson will come armed with the ability to force the Maloofs into a lame duck season if he has to, but mostly he will arrive at that meeting with yet another stirring example of his city stepping up with all odds against it.

The images of the Sign Lady, Carmichael Dave on a ladder telling crying Kings fans that ‘this is not over by a long shot,’ and the 600-1000 arena workers that are going to lose their jobs are not going to be lost on the proceedings, and for the owners without tear ducts in their eyes they will look at the financial risk of a decision against Sacramento side by side to the incremental benefit of a very qualified Seattle offer.

That decision to rip out Sacramento’s heart is all risk and marginal gain, assuming Kevin Johnson has one more career-defining slam dunk left in him.

And since he hasn’t missed a shot yet, it seems silly to bet that he’s going to fall apart in the fourth quarter.

Kevin Durant leads USA to second exhibition rout, 106-57 over China

1 Comment

LOS ANGELES (AP) – Kevin Durant scored 19 points, Klay Thompson added 17 and the U.S. basketball team rolled to a second straight blowout exhibition victory, 106-57 over China on Sunday night.

DeMar DeRozan scored 13 points in his hometown, and DeMarcus Cousins had 12 points and seven rebounds in another impressive performance to open the Americans’ pre-Olympic tour. While they’re still learning their teammates’ tendencies and solidifying player rotations, the newly assembled U.S. team looked remarkably cohesive for long stretches against an overmatched opponent with no current NBA players.

Los Angeles Clippers center DeAndre Jordan scored 12 points and led a strong defensive effort with three blocks for the Americans, who held the Chinese to 30.9 percent shooting.

After opening their showcase tour by trouncing Argentina in Las Vegas on Friday night, the U.S. team posted another rout at a packed Staples Center.

The Americans haven’t lost a game since the 2006 world championships. They’re 47-1 in exhibitions since NBA stars took over the roster in 1992, going undefeated since 2004.

Anthony was the only holdover in the Americans’ starting lineup from Las Vegas. Krzyzewski put Paul George in with Anthony, Jordan, Kyle Lowry and DeRozan, whose family watched from courtside.

Jordan got the exhibition off to a rousing start with a blocked shot on China’s first possession and an alley-oop dunk on the other end for the Americans’ first points.

Both teams had early shooting struggles, but the Americans took charge with impressive speed late in the first quarter.

Durant, one of the two returning American gold medalists from London, heard boos from the LA crowd during pregame introductions. He quickly found his outside stroke with 14 points and four assists in the first half, and Cousins overpowered the Chinese down low for 12 first-half points on the way to a 55-29 halftime lead.

The Chinese team’s most recognizable name to North Americans is Yi Jianlian, the Milwaukee Bucks’ choice with the No. 6 overall pick in the 2007 draft. He spent five seasons with four NBA teams before heading back to the Guangdong Southern Tigers.

Yi led the Chinese with 18 points. Zhou Qi, the 7-foot-2 center drafted by the Houston Rockets in the second round last month, scored two points on 1-for-6 shooting. Exciting guard Zhao Jiwei scored 14 points.

The teams meet again Tuesday in Oakland, where Durant will play in front of his new home fans for the first time since defecting from Oklahoma City to the Golden State Warriors earlier this month.

They’ll also meet Aug. 6 in the opening game of Olympic competition in Brazil.

No. 39 pick David Michineau not joining Clippers this season

TREVISO, ITALY - JUNE 12:   David Michineau in action during Adidas Eurocamp Day Three at La Ghirada sports center on June 12, 2016 in Treviso, Italy.  (Photo by Roberto Serra/Iguana Press/Getty Images for Adidas)
Roberto Serra/Iguana Press/Getty Images for Adidas
Leave a comment

Clippers president/coach Doc Rivers said he expected all three of his 2016 draft picks to join the team this season.

The Clippers signed No. 25 pick Brice Johnson and No. 40 pick Diamond Stone.

But No. 39 pick David Michineau will remain in France.

Eurobasket:

Hyeres-Toulon Var Basket (ProA) inked 22-year old point guard David Michineau (191-94). He has played for the last two years at ES Chalon-Sur-Saone in the ProA.

Michineau is a 6-foot-4 point guard with some intriguing physical sills, but he’s not ready to run an NBA offense. Plus, the Clippers already re-signed Austin Rivers and signed Raymond Felton to back up Chris Paul.

The Clippers have one roster spot left. They’re better off using that on a veteran who can help now than Michineau.

DeMarre Carroll: Jae Crowder’s Raptors criticism due to playoff naïveté

TORONTO, ON - MAY 15:  DeMarre Carroll #5 of the Toronto Raptors dribbles the ball in the first half of Game Seven of the Eastern Conference Quarterfinals against the Miami Heat during the 2016 NBA Playoffs at the Air Canada Centre on May 15, 2016 in Toronto, Ontario, Canada.  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 Vaughn Ridley/Getty Images)
Vaughn Ridley/Getty Images
1 Comment

Celtics forward Jae Crowder — between criticizing Kevin Durant signing with the Warriors and Al Horford considering the Wizards — took aim at the Raptors.

“Toronto is not a team we’re worried about,” Crowder said.

Raptors forward DeMarre Carroll, via CSN New England:

“It’s a comment from a person who hasn’t really been in the playoffs that much. That’s how I reacted to that type of comment. When you haven’t been on that level and you don’t understand what it takes to get to that level. Myself going to back-to-back Eastern Conference Finals, I understand what it takes,”Carroll said on SportsNet.ca. “It’s a comment from a guy who hasn’t been on that level, who hasn’t played on that level. It sounds like a young comment.”

“We’ll let Jae Crowder do all the talking,” Carroll said. “We’ll just fly under the radar and do what we’re supposed to do.”

Carroll is right. Crowder has never won a playoff series — though I’m not sure advancing in the postseason will make him any less brash.

Carroll’s credentials here also aren’t impeccable. He helped the Hawks in 2015 and Raptors in 2016 make relatively uninspiring runs to the Eastern Conference finals.

Still, that’s more than Crowder has accomplished. If Carroll wants to use that experience to shoot back at Crowder, more power to him.

For what it’s worth, I’ll take the Celtics over the Raptors next season — though Toronto is close enough that Boston shouldn’t look past its neighbor to the north.

Luis Scola to carry Argentina’s flag in Olympic opening ceremony

LAS VEGAS, NV - JULY 22:  Luis Scola #4 of Argentina brings the ball up the court against the United States during a USA Basketball showcase exhibition game at T-Mobile Arena on July 22, 2016 in Las Vegas, Nevada. The United States won 111-74.  (Photo by Ethan Miller/Getty Images)
Ethan Miller/Getty Images
1 Comment

Pau Gasol carried Spain’s flag and Yi Jianlian carried China’s flag for the 2012 Olympics.

The NBA will once again be prominently represented in the opening ceremony this year — with new Net Luis Scola.

Brian Mahoney of the Associated Press:

Argentina is back in the Olympics, and this time Scola isn’t just leading the basketball team.

He’s leading the whole delegation.

The veteran forward will carry the flag in the opening ceremony

Scola will team with Manu Ginobili to try stopping Argentina’s Olympic slide — gold in 2004, bronze in 2008, fourth in 2012.