Breaking: Deal between Maloof family, Seattle’s Chris Hansen for Kings struck, to be announced

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While Sacramento will get a final shot to convince NBA owners that this is not something they want to approve, sources have told ProBasketballTalk that Seattle’s Chris Hansen is ready to announce a tentative agreement to purchase the Sacramento Kings in the coming days.

Following this come reports other teams have been notified of a sale, something PBT can confirm. The sale price is $525 million of which the new owners will get 65 percent.

Adrian Wojnarowski reported a week ago a deal between the Maloof family and Hansen was “at first and goal from the one,” and furthermore that the Kings moving to Seattle was a done deal. That report had been echoed by CSN Bay Area’s Matt Steinmetz and David Aldridge of NBA.com, though each reporter left a little wiggle room in case the Maloofs changed their minds.

According to our sources, any deal sending the Kings to Seattle would not be a done deal because any deal would be subject to an approval by the NBA’s Board of Governors.  In addition, sources tell PBT that Sacramento has been approached by at least three groups of “heavy hitters.”  Sacramento could be getting close to announcing a group that meets NBA criteria that has the “vision to transform one of the NBA’s most proven markets into a top NBA franchise.”  This, they believe, will help win the NBA’s support for keeping the Kings in Sacramento.

As we’ve followed this story for the last two years, the city of Sacramento has bent over backwards to accommodate the Maloofs according to sources from all sides of the situation. One league source called their offer of public funds to build an arena for the Maloofs a “model offer of public funds,” and the NBA itself supported the failed deal from last year that the embattled Maloof family backed out of.

Since reports of the Kings’ move to Seattle have hit the net from very reputable sources, Sacramento has been firing on all cylinders in what has been a long-term initiative to respond in the event the Maloof family was willing to sell the team. Indeed, sources close to the situation in the California capitol have told PBT that preparing for this contingency has been a prime focus of the city, and that when it comes time to present Sacramento’s offer to the Board of Governors that they believe it will be a compelling and competitive offer.

It will be up to the Board of Governors — made up of the 29 other NBA owners — to make that determination.

We reported in September that Seattle’s Chris Hansen would need to put up more money to beat Sacramento’s offer, and that is one of the main sources of the city’s confidence according to sources speaking on condition of anonymity.

We calculated that an offer from Sacramento of $425-450 million for the overall price of the Kings franchise would put more money in the Maloofs’ pockets than the reported $525 million offer from Hansen, because a Sacramento owner would not need to worry about the Maloofs’ outstanding loan to Sacramento (~$75 million).  The city also doesn’t have to worry about the league’s relocation fee, which was $30 million when the Sonics moved to Oklahoma City and became the Thunder, although the Board of Governors can set that fee at whatever level they wish. USA Today’s Sam Amick confirmed Sacramento’s target offer in his exclusive interview with Sacramento Mayor Kevin Johnson last week.

The biggest point in Sacramento’s favor according to sources is the “model offer” of public funds itself, an offer that was in excess of $200 million in a California climate that normally doesn’t support public funds for sports facilities.

Sources close to the situation tell PBT that this, along with the league’s fear of another Sonicsgate, will be the deciding factors should Sacramento be able to provide an actionable offer that is competitive with Seattle.

The Maloofs themselves have reached the point where they have to sell the team, something that doesn’t really help their leverage. Their financial struggles are well documented and in May they asked their minority owners for a $10 million cash call. Along with the threat of having a lame duck year in Sacramento, nobody with knowledge of the situation has said that there is a realistic chance that the family decides not to sell.

This means that this story is coming to a head, and if the Board of Governors pushes the Maloofs toward the Sacramento offer they will have to listen. Because a Sacramento offer can put the same type of dollars in the family’s pockets, sources in Sacramento like the city’s chances to pull this out.

Favoring Seattle is the fact they have a larger television market than Sacramento (Seattle is 14th, Sacramento is 20th), and that a relocation fee assessed to Seattle could put money in each owners’ pockets, but Sacramento isn’t without ammunition here.  They have no competition from other sports teams and have a long and storied history of supporting their franchise.  They are also arguably further along in their arena building process, as Seattle is still facing two relatively toothless lawsuits and an environmental review while Sacramento’s arena deal was ready for approval last year.  In addition, as SB Nation’s Tom Ziller points out, there are several reasons that expansion could benefit the league and owners would also benefit from an expansion fee in that case as well, which would theoretically give the Hansen group a better price point to join the club.

Sacramento has been working for a long time and has not been caught off guard by the Maloofs’ intentions to sell. As long as Mayor Kevin Johnson can deliver the package he has been foreshadowing, it will be up to the league to decide whether or not they want to turn their back on Sacramento.

As usual, it comes down to showing the league the money. Fortunately for Sacramento, this is something that Mayor Johnson has a great track record with.

Sacramento Mayor Kevin Johnson will reportedly get that chance, but he’s going to have to convince the owners to reject a deal put before them. While those same owners did that in the case of a proposed Kings move to Anaheim, this may be a tougher pitch for Sacramento.

Florida State’s Jonathan Isaac, probable top-10 pick, declares for NBA draft

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Jonathan Isaac explored bursting through a loophole to declare for the 2016 NBA draft straight out of high school.

Instead, he went to Florida State. Now, he’ll enter the 2017 draft.

Isaac:

If he doesn’t hire an agent, Isaac can maintain college eligibility, but this message seems pretty final. Expect Isaac to remain in the draft, and expect him to go in the top 10.

What I like most about the 6-foot-11 forward: Despite being so lanky, he was an elite defensive rebounder. That shows an underlying technical proficiency and physicality that should serve him well.

And then there are the drool-inducing flashes – his ability to go up and get alley-oops above the rim and a sweet-looking jumper.

He’s still a work in progress, and he deferred a lot at Florida State. But he’s just 19, and he has the tools to do more. I’d love to get him on my team as he learns to assert himself.

Report: Clippers sort of resent Austin Rivers’ favored status

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The Clippers faced a potential crisis this summer.

They had already agreed to re-sign Austin Rivers to a three-year contract worth more than $35 million, and Jamal Crawford was threatening to leave. Losing the then-36-year-old Crawford would’ve been costly, but it wouldn’t have been devastating. The bigger issue would have been the image: keeping the coach’s son over the reigning Sixth Man of the Year.

Clippers president/coach Doc Rivers calmed the brewing storm by giving Crawford a three-year, $42 million deal.

But apparently the underlying tension hasn’t completely dissipated.

Kevin Ding of Bleacher Report:

The in-house resentment toward Austin Rivers being favored as Doc’s son, according to team sources, still very much exists, but it isn’t out of control.

Know what the Clippers truly resent? Losing. They’ve gone 8-9 since the All-Star break, and they’re clearly feeling the slump.

That brings lingering issues, like Austin’s place on the team, to the surface.

And other Clippers are reasonable to show suspicion about the dynamic, a complication Doc should have considered when he traded for Austin.

Austin has explained his never-that-warm relationship with Doc, who was busy coaching while Austin was growing up. These two claim this is far more a coach-player than father-son relationship, and I believe they believe that. I also believe it’s mostly true, though their familial ties probably intrude more than they realize.

That said, Austin has worked himself into a legitimate backup guard after a horrendous start to his NBA career. It’s worth a reminder just how bad he was in New Orleans because that shows how even his modest role now is a sign of tremendous growth. Austin has improved his shot, and his 6-foot-4 frame is an asset in some defensive matchups (probably not as many as Doc believes, judging by Austin’s assignments).

Does Austin deserve 28 minutes per game? Probably not, though he also handles garbage-time minutes so older teammates don’t have to. Does Austin deserve his $11 million+ annual salary? Probably not, though the capped-out Clippers had no recourse beyond minimum contracts to replace him, so he had leverage (ditto Crawford). Does he deserve to so often speak for the team? Probably not, though bigger stars Chris Paul, Blake Griffin and DeAndre Jordan might not mind the occasional break.

Austin’s biggest problem is that, despite his improvement, his gaffes are still so blatant. That makes it more difficult to take him seriously, even when the totality of evidence says we should.

And for all the examples of Doc’s Clippers favoring Doc’s son, Austin was still the player who got left in the game with a concussion. That’s just dangerous, not nepotism.

There isn’t out-of-control resentment for Austin, because there’s isn’t out-of-control favoritism for him.

But there is some favoritism, and the more the Clippers struggle, the more they’ll look for a place to point the finger and occasionally land on Austin.

Report: Spurs assistant Becky Hammon, determined to become NBA head coach, offered Florida women’s job

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Spurs assistant Becky Hammon is the NBA’s first female full-time coach.

She could also become the next Florida women’s basketball coach.

Adrian Wojnarowski of Yahoo Sports:

San Antonio Spurs assistant Becky Hammon is considering a lucrative offer to leave the NBA and become the University of Florida women’s basketball coach, league sources told The Vertical.

The financial offer would be a considerable raise, especially considering that she’s still a young, behind-the-bench assistant on Gregg Popovich’s staff. Nevertheless, Hammon is grappling with the decision, because she has been determined to stay on course to become the NBA’s first female head coach, league sources said.

Hammon is blazing a trail in the NBA and might eventually become a head coach in the league. She has Gregg Popovich’s endorsement, praise from San Antonio players and success in limited opportunities.

But the path for a woman coach in men’s basketball is extremely narrow. It’s not fair, but Hammon faces hurdles others wouldn’t.

And the glass ceiling becomes exponentially thicker for a woman in women’s basketball who’s trying to jump to men’s basketball. Women’s college basketball is not a pipeline to the NBA, especially not for a woman. If Hammon goes to Florida, the paradigm changes. It would renew questions about her playing experience coming only in women’s basketball and her limited time with the Spurs.

Hammon wouldn’t be blackballed from the NBA, but she’d be setting up more obstacles for herself to clear to become a head coach in the league.

In one respect, I don’t envy her decision. However, she has positioned herself to choose between a promising path and an excellent job. Even if deciding is difficult, she’ll wind up in a good place.

Reports: Phil Jackson attending Shaq statue ceremony, Magic Johnson missing it to scout UCLA-Kentucky

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The Lakers are formally unveiling Shaquille O’Neal’s statue outside their arena tonight. Also tonight: UCLA-Kentucky in the Sweet 16, which features NBA prospects Lonzo Ball, Ike Anigbogu, T.J. Leaf, De’Aaron Fox, Malik Monk and Bam Adebayo.

That makes an interesting choice for the NBA’s two highest-profile team presidents – the Lakers’ Magic Johnson and Knicks’ Phil Jackson (who coached Shaq in Los Angeles), both of whose teams are headed toward a high picks in the upcoming draft.

And the front-office heads are going different directions.

Arash Markazi of ESPN:

Marc Stein of ESPN:

Watching a single game in person is unlikely to swing anything. Both Johnson and Jackson could send scouts to watch UCLA-Kentucky live and then the presidents could watch video later.

But attending in person is ideal, and there are already questions about Jackson’s work ethic. This will only fuel them.

If nothing else, this is an opportunity for Johnson, new on the job, to establish an image. He can clearly juxtapose himself with the failing Jackson and establish himself as a diligent alternative. The Lakers hired Johnson at least in part due to his high profile, but that needn’t stop him from grinding now that he has the position. Anyone doubting him would respect that.