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.

Steve Kerr “uncertain” if he will coach in NBA Finals

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The Warriors have gone 12-0 through the playoffs, the first team to sweep the first three rounds of the playoffs since the NBA went to a best-of-7 in all three rounds (a couple Lakers teams did it when the first round was best-of-5).

That doesn’t mean they haven’t missed Steve Kerr as coach, but they haven’t needed him. Yet. Mike Brown has done the job quite well.

Will Kerr be back for the NBA Finals? He told Marc Spears of ESPN he doesn’t know.

Kerr had back surgeries two summers ago, and that caused him to miss the start of the 2015-16 season (Luke Walton ran the show). Kerr coached through pain caused by a slow leak of spinal fluid until nausea and pain became too much at the start of this postseason. Kerr has had a new procedure — one that is apparently promising, one that we hope works to end the leak — but he’s understandably cautious about jumping back in.

That said, the next round, against the Cavaliers (barring the most improbable comeback in NBA history), is when the Warriors will need Kerr’s creative mind and solutions to the challenges Cleveland presents.

He’s also got more than a week to decide since the Finals don’t start until June 1.

Manu Ginobili receives standing ovation upon exiting what may be his final game

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Manu Ginobili is a four-time NBA champion, a two-time All-NBA player,  two-time All-Star, and a Sixth Man of the Year.

He’s also the most popular Spur of his generation — walk around San Antonio, even at the peak of the Spurs runs, and you saw more Ginobili jerseys than Duncan or Parker or Robinson or anyone else. Ginobili is beloved.

When he was taken out near the end of Game 4, maybe his final game as a Spur, the fans erupted into a standing ovation (joined by Stephen Curry, who stepped away from the free throw line to let the moment happen).

Ginobili hinted during the season this would be his last, but has said repeatedly during the playoffs he didn’t know what he would do during the season. He looked like he had game left in the tank during the Western Conference Finals (he had 15 points in Game 4 and was one of the Spurs best players in the series). The question is, at age 40 next season, will he want to go through all the work it takes to get physically ready for the next season.

Warriors take control early, hold off Spurs to sweep series, advance to NBA Finals

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This series was decided early in the second half of Game 1, when Kawhi Leonard’s ankle rolled. He never got back on the court in the next three games, the Spurs were +21 when he was on in that first game and -85 the rest of the way. Without his defense on one end and shot creation on the other the Spurs could not match up.

The Spurs didn’t play like it was over Monday night — while the Warriors would hit threes and go on runs, the Spurs would answer back never let them completely pull away. They got buckets from Kyle Anderson (20 points off the bench) and 15 from Manu Ginobili in what may have been his final NBA game (he got the start, and the crowd erupted when he was taken out near the end).

It wasn’t enough. The Golden State Warriors were the better team — maybe even if Leonard had played — and they were in control of this game the entire way, getting 36 points from Stephen Curry and 29 from Kevin Durant.

The Warriors went on to win 125-110 and sweep the Spurs 4-0. Golden State swept through the West undefeated at 12-0, and they will take on the winner of the East (we all know it will be Cleveland). The Finals don’t begin until June 1.

This is the Warriors third straight trip to the Finals.

“Our chemistry is getting better and better,” Durant said after the game. “We’re going to need it even more in the next series, whoever we play, we’re just looking forward to it. I’m glad we got this done.”

There was a lot of respect between the teams after the series, particularly for Ginobili.

“Somebody I grew up watching, amazing competitor, even more fun playing against him,” Durant said after the game. “I got nothing but love and respect for him, plus he wear my shoes every year so that’s a plus. He was phenomenal this series.”

There also was a feeling among fans that we were robbed of a good series by the injury to Leonard (and the cheap play by Zaza Pachulia that caused it). Without Leonard (and Tony Parker) the Spurs struggled to create shots and generate consistent offense against a stout Warriors defense.

It was evident at the start of Game 4. San Antonio opened game 3-of-16 shooting, but the bigger issue is they went 1-of-8 in the paint against a Warriors team that started small (Patrick McCaw instead of JaVale McGee). Meanwhile, the Spurs were 7-of-7 in the paint to start the game. That is why the Warriors raced out to a quick 12 point lead midway through the first quarter.

The game hung around the 10-point era until an 11-0 Warriors run midway through the second quarter. The Spurs kept fighting, they had 13 more shots than the Warriors in the first half — thanks to 9 Golden State turnovers and 8 San Antonio offensive boards — but the Spurs shot 34.5 percent in the first half, and it wasn’t enough because the Warriors shot 60 percent. The Warriors shot 74 percent (14-of-19) in the second quarter. Because of that it was Warriors 65, Spurs 51 at the half, and Curry and Durant each had 18 for Golden State; Kyle Anderson has 10 points to lead the Spurs.

The second half saw the lead bounce between 10 and 20 most of the time, the Spurs would make a little run and the Warriors would answer with some crisp ball movement and a three. Curry was 5-of-13 from three on the night to lead the way.

Draymond Green added 16 points, 8 rebounds and 8 assists for the Warriors.

Now the Warriors get more than a week off to rest and prepare for the Finals.

Kevin Durant blocks Dejounte Murray twice on one shot (VIDEO)

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Kevin Durant was doing it all in the first half — he had 18 points to lead the Warriors (tied with Stephen Curry) and was making plays all over the court.

That includes racing back on this play and blocking Dejounte Murray‘s layup. Twice. On one shot.

The Warriors have led by 20 and been in control through the start of the third quarter. KD was at the heart of that.