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

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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.

Top five 2018 All-Star Game snubs

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We fans love to talk about who gets snubbed. There are 68 teams in the NCAA tournament and we argue about who was 69th and deserved to be there.

With the NBA All-Star game, there are always legitimate snubs — and with the Western Conference so ridiculously deep this season good players were going to get left out. Just picking my reserve choices for a podcast felt brutal.

We now know the All-Star Game starters and reserves, so who got snubbed. Here are the top five.

1) Lou Williams, Los Angeles Clippers. Los Angeles has been devastated by injuries this season (not to mention losing Chris Paul in the off-season) yet they are still in the playoff hunt in the West and the main reason is Lou Williams. The leading Sixth Man of the Year candidate is averaging 23.3 points per game, 5,3 assists a night, and is shooting better than 40 percent from three. He had a red-hot January so far, averaging 29.2 points per game. This may be a case where Damian Lillard got the nod from the coaches for his multi-year body of work (he’s been good a long time), but Williams is having his best season ever and has a great case.

2) Chris Paul, Houston Rockets. He likely didn’t get selected because he has missed 17 games this season — but Stephen Curry missed 15 and is a captain. When CP3 has played he’s been brilliant, averaging 19.1 points and 8.9 assists per game, he’s been crucial to improving the Rockets defense this season, and when he is on the court the Rockets outscore opponents by 10.9 points per 100 possessions. The Rockets are 23-5 when he plays. Houston is the second best team in the NBA, they should have more than one representative tonight.

3) Andre Drummond, Detroit Pistons. The coaches went with four guards for the East reserves, and that left just three frontcourt spots and four deserving players. Drummond is the odd-man out. Which sucks — he is averaging 14.3 points per game on 54 percent shooting, and he remains the best rebounder in the game today pulling down 15 a night. He has improved his defensive play as well, but what everyone notices is he hitting his free throws (62.9 percent) and that means Stan Van Gundy can play him at the end of games and not sub him out.

Drummond was more than a little frustrated he didn’t make the cut.

4) Paul George, Oklahoma City Thunder. George has played well on both ends this season next to Russell Westbrook. He is averaging 20.8 points per game and shooting 42.9 percent from three on one end of the floor, and defensively he is averaging 4.4 deflections per game and has 93 steals — both tops in the league. George is a four-time All-Star and it feels weird to see him left out, but he came to the ridiculously deep Western Conference and good players were not going to make it. He’s the odd man out in the frontcourt.

5) Kemba Walker, Charlotte Hornets. Could have got a lot of directions here – Ben Simmons and Goran Dragic can make their cases on appeal — but people have been sleeping on just how well Walker has been playing this season. Walker is averaging an efficient 21.8 points per game, dishing out 5.9 assists per night, and when he is on the court the Hornets outscore teams by 5.1 points per 100 possessions (that’s better than the Celtics or Timberwolves net ratings for the season). The problem is when he sits they fall apart, and Walker pays the price for his team struggling this season. His name has popped up in trade rumors, and he is the best guy available right now (not that he gets moved in a tight market). Walker was an All-Star last season and had a very strong case to be one again.

Lou Williams, Andre Drummond are #madonline about All-Star snubs

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Lou Williams is having a career year. He’s done everything for the ailing Los Angeles Clippers, who have turned things around and are battling for the No. 8 seed in the West.

Likewise, Andre Drummond is having a statistically important year for the Detroit Pistons as he leads the league in rebounding and in defensive box plus/minus.

Needless to say, both of them had a strong case to make the 2018 NBA All-Star Game. The only problem is that neither of them did.

That had both Williams and Drummond speaking their minds on Twitter on Tuesday, letting fans know what they thought about their snubs.

Warning: NSFW language ahead.

Via Twitter:

Who should have been left off the East and West teams in voting, respectively, to make room for Williams and Drummond? No doubt this will be some topic of discussion for years to come as both players use it as fuel for the rest of the season.

All-Star reserves announced, Kristaps Porzingis, Damian Lillard make cut

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Last week the All-Star Game starters were announced, and a few players felt burned by the selections.

Now the reserves have been announced, and the real snubs happen.

As a reminder, the NBA is trying to inject some life into this staid event by having LeBron James and Stephen Curry — the top vote-getters in each conference by the fans — named captains who will pick the All-Star teams. Playground style. Just one after the other, whoever they want from either conference (but not televised… boo), first from the pool of other starters selected by fans, media, and current players, then from the list of reserves selected by the coaches (those coaches had to choose two backcourt players, three frontcourt players and two wild-cards for each conference). Curry and LeBron can pick anyone — if Lebron wants to choose James Harden, he can.

Here are who the coaches chose to round out the rosters:

WESTERN CONFERENCE
Russell Westbrook
Klay Thompson
Damian Lillard
Jimmy Butler
LaMarcus Aldridge
Draymond Green
Karl-Anthony Towns

EASTERN CONFERENCE
Kyle Lowry
Victor Oladipo
John Wall
Bradley Beal
Kristaps Porzingis
Al Horford
Kevin Love

The Warriors become the first team to have four All-Stars in consecutive years.

There are four first-time All-Stars in there: Towns, Beal, Oladipo, and Porzingis.

So who got snubbed? The West was so deep there was just no way to get all the deserving guys in, but the biggest snubs are the Clippers’ Lou Williams (he has carried that team), Chris Paul of the Rockets (probably due to missed time), and the Thunder’s Paul George. Out East Andre Drummond was just off the board, as were Goran Dragic and Ben Simmons.

Just as a reminder, the starters are, from the West, Stephen Curry, James Harden, Kevin Durant, Anthony Davis, DeMarcus Cousins; and from the East Kyrie Irving, DeMar DeRozan, LeBron James, Giannis Antetokounmpo, and Joel Embiid.

The All-Star Game is Feb. 18 from the Staples Center in Los Angeles.

Kobe Bryant nominated for Oscar

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LOS ANGELES (AP) — Does Kobe Bryant need another trophy? He might get one – at the Oscars.

Bryant, the retired Los Angeles Lakers star, was nominated in the animated short category for “Dear Basketball,” based on a poem he wrote in 2015 announcing his impending retirement from basketball. He was nominated along with veteran Disney animator Glen Keane.

Bryant’s poem begins: “Dear Basketball, from the moment I started rolling my dad’s tube socks, and shooting imaginary game-winning shots in the Great Western Forum, I knew one thing was real: I fell in love with you.”

It reflects on how time is running out. “I can’t love you obsessively for much longer,” it says. “This season is all I have left to give. My heart can take the pounding, my mind can handle the grind. But my body knows it’s time to say goodbye.”

It ends by counting down the final five seconds on a game clock:

Bryant, 39, a five-time NBA champion, played 20 seasons with the Lakers before retiring last year.