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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.

Reports: Raptors looking hard for power forward upgrade at trade deadline

Al Horford Thaddeus Young
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There are precious few windows in the NBA when everything comes together for a franchise and it can make a deep playoff run (well, unless you’re the Spurs). When those opportunities arise, teams have to grab them. Carpe Diem.

The Toronto Raptors are the clear second-best team in the Eastern Conference, and the top seed Cavaliers do not look invincible. But the Raptors have a glaring hole in their lineup at the power forward spot. The Raptors start veteran Luis Scola, but they are 10 points per 100 possessions better when he is off the court than on it — not one Raptors lineup with Scola and center Jonas Valanciunas has a positive plus-minus this season. They have Patrick Patterson off the bench, but he has a limited offensive game that would cause matchup issues in the postseason.

The Raptors want to seize their moment — expect them to be active at the trade deadline trying to upgrade at the four.

Ryan Wolstat of the Toronto Sun said that in a recent ProBasketballTalk podcast. He said their ideal player would be Al Horford of the Atlanta Hawks. However, if the Hawks decide to keep him or the price is too high, the Raptors are looking at other options as well, something Brian Windhorst discussed in a recent radio conversation in Toronto, as transcribed by The Brooklyn Game.

“I think they’re gonna go for it. I think from what I understand, from what I’m hearing, they’re pretty aggressive in the trade market. They’re looking for power forwards. I’ve heard them attached to Thaddeus Young. I’ve heard them attached to (Nuggets forward) Kenneth Faried. I’ve heard them attached to (Suns forward) Markieff Morris. They have extra draft picks. I wouldn’t trade that New York Knicks pick unless it was for a blockbuster acquisition, because you can’t protect it, you can’t protect another team’s pick. I would do it if I could put, like, a top-five protection on it. But you can’t do that. You can’t say, allright, we’ll give you two of our picks if it falls in the top five. But they have assets to do it. They have some young players.”.

The Nuggets have tested the market for Faried, and he is available, his energy/glue-guy game would pair well with Kyle Lowry and DeMar DeRozan. Although, if I were Rockets GM Masai Ujiri and I was talking to Denver, the name Danilo Gallinari would come up a lot, more often than Faried. His shooting and pick-and-pop skills would fit with the Raptors guards well.

Young would be a good fit and an upgrade. Morris could be an improvement on the court, and he’s on a reasonable contract, but there are concerns about time he could miss (suspension and maybe jail) for a pending felony assault case with his brother Marcus.  The Raptors also need to ask themselves if they have the right internal structure and locker room leadership to provide the support/guidance teams need if they bring Morris on — something incidents Wednesday night emphasized. But Morris is better than anyone on the Raptors’ roster.

The Raptors have multiple first-round picks coming up they can move, the New York park would have to be included in a Horford deal but not necessarily the others. There are also young players that the team is high on, such as Lucas Nogueira, that could be moved in the right deal.

Raptors fans were angry last season at the deadline when Ujiri didn’t pull the trigger on any deals, but that seemed the right move at the time. The Raptors were a few steps away from the top rung of the East, and the reported deals would not have changed that picture.

This season feels different. Expect a bold move out of Toronto during or after All-Star weekend. Carpe Diem.

Jared Sullinger tries to invade Clippers huddle (video)

BOSTON, MA - JANUARY 22:  Jared Sullinger #7 of the Boston Celtics reacts during the fourth quarter against the Chicago Bulls at TD Garden on January 22, 2016 in Boston, Massachusetts. The Celtics defeat the Bulls 110-101. 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 Maddie Meyer/Getty Images)
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Nice box out, Cole Aldrich.

Lamar Odom makes appearance at Kanye West fashion show

Workers set up the area where Kanye West will show his Yeezy collection at Madison Square Garden during Fashion Week, Thursday, Feb. 11, 2016, in New York. West will also perform songs from his latest album, "The Life of Pablo," out on Friday. (AP Photo/Leanne Italie)
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NEW YORK (AP) — Lamar Odom made his public return at brother-in-law Kanye West’s New York Fashion Week show on Thursday.

Odom’s appearance marked the first time he’d attended a public event since he was hospitalized in critical condition in Las Vegas in October 2015 after he was found unconscious at a Nevada brothel with cocaine in his system. Odom, who is estranged from Khloe Kardashian, had been moved from a Los Angeles hospital to a private facility in January.

As West walked Odom to his seat with the Kardashian and Jenner families, the crowd at Madison Square Garden for West’s Yeezy runway show cheered and shouted Odom’s name.

J.B. Bickerstaff calls Rockets ‘broken team,’ ‘fragmented bunch’

Houston Rockets interim head coach J.B. Bickerstaff rubs his head in the second half of an NBA basketball game against the Washington Wizards, Saturday, Jan. 30, 2016, in Houston. The Wizards won 123-122. (AP Photo/Pat Sullivan)
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Rockets interim coach J.B. Bickerstaff has been unafraid to sharply assess his team.

But after last night’s loss to the Trail Blazers – Houston’s third straight defeat and sixth in eight games – Bickerstaff kicked up the rhetoric even further.

Bickerstaff, via Calvin Watkins of ESPN:

“We’re broken,” Bickerstaff said. “It’s that simple. We’re a broken team, and we all need to use this break to figure out how we’re going to impact change. If we don’t want to impact change, then we need to be made aware of that, too, and we’ll go in a different direction.

“We can’t continue to go out and play this way. It’s easy to see it’s a fragmented bunch. You can’t win that way.”

This is why Dwight Howard is on the trade block. The Rockets are so incohesive, there’s no simple solution in sight. This increasingly looks like a lost season for Houston, which should emphasize future planning – like dealing Howard, who can become an unrestricted free agent at age 30 this summer.

Yet, the Rockets are just a half game from playoff position. They obviously dreamed much bigger when the season began, but at this point, merely making the postseason should qualify as a success.

It’s Bickerstaff’s job to get them there, no matter how unlikely. He has certainly shown little fear in trying, whether it’s giving these quotes or pulling all five starters simultaneously shortly into a game. He’s trying to put his mark on this team.

The players just aren’t responding, not more than periodically, at least. From James Harden down, nobody plays with the requisite focus and energy.

Nothing in Bickerstaff’s assessment is surprising. It’s just surprising he said it so bluntly publicly.

Then again, that’s nothing compared to what veteran Houston guard Jason Terry said. Eric Ringering of 750 The Game:

https://twitter.com/ringering45/status/697664478993756164