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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.

Lillard scores 31 as surging Blazers beat Rockets 116-103

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PORTLAND, Ore. (AP) Damian Lillard sparked a second-quarter outburst for the Portland Trail Blazers and finished with 31 points and nine assists in a 116-103 win over the Houston Rockets on Wednesday night.

Maurice Harkless set season highs with 19 points and 13 rebounds for the Blazers, who moved past Houston into a tie with Utah for seventh place in the Western Conference standings. They enter the All-Star break having won three in a row and eight of nine.

James Harden had 34 points, 11 assists and nine rebounds for the Rockets, who have dropped three straight and six of eight to fall out of playoff position. Dwight Howard dominated the paint with 28 points and 13 rebounds.

After trailing by as many as 21 in the second half, Houston closed to 93-88 early in the fourth quarter. But a Blazers timeout led to a scoring burst that restored the lead to 20 with 3:47 to go.

An entertaining, if at times sloppy, game took on a far more spirited air with 5:02 left in the second quarter. Patrick Beverly committed a hard, and needless, foul on Lillard just past halfcourt, sending the Blazers point guard sprawling.

Lillard spiked the ball in anger, officials reviewed the play to determine if it was a flagrant foul, and the crowd roared as Portland reeled off eight consecutive points and closed the half on a 13-4 run to take a 57-46 lead into the locker room.

What had all the look and feel of that mail-it-in last day of work before vacation – both teams are off until Feb. 19 thanks to the All-Star break – suddenly played out like the battle for the eighth and final playoff seed in the West that it was.

Beverly and Lillard have had run-ins before, and the fans expressed their feelings toward Beverly with a cacophony of boos throughout the game. Lillard sparked the half-ending run with a 3-pointer, and Harkless added another 3 and a driving layup to bring the fans to their feet and prompt a Houston timeout.

Until Beverly’s foul, the game was fairly even as neither team placed a premium on tough defense or ball security. Through the first quarter both teams shot at least 50 percent from the field and they combined for 20 turnovers in the first half, 13 by Houston.

Tempers and intensity subsided to start the second half, until Houston’s Jason Terry picked up a technical foul for throwing an elbow into the ribs of Meyers Leonard as they ran down the court following Terry’s jumper.

Leonard and C.J. McCollum chipped in 14 points each for Portland. Gerald Henderson scored 13 off the bench.

Clint Capela had 10 rebounds for the Rockets.

TIP-INS

Rockets: F Terrence Jones, who went to nearby Jefferson High School in Portland, missed his fourth consecutive game and remains in the NBA’s concussion protocol. He was injured in a car accident on Feb. 3. Interim coach J.B. Bickerstaff, who attended Oregon State, said the team hopes to get positive news regarding Jones’ return after the All-Star break.

Trail Blazers: Lillard was added to the U.S. national team pool. He fell just short of a place on the 2014 World Cup of Basketball roster and wasn’t among the original 30 candidates for Rio de Janeiro announced last month. . F Noah Vonleh was in uniform for the first time after missing three games with a sprained left ankle. He did not play. . Before the game, the Blazers held a moment of silence in memory of Ingrid Williams, the wife of former Portland assistant coach Monty Williams. She died Wednesday from injuries sustained in a car accident Tuesday in Oklahoma City, where Monty Williams is now an assistant with the Thunder.

UP NEXT

Rockets: At Phoenix on Feb. 19.

Trail Blazers: Host Golden State on Feb. 19.

Timberwolves come back from 18 down to stun Raptors, 117-112

MINNEAPOLIS, MN - FEBRUARY 10:  Andrew Wiggins #22 of the Minnesota Timberwolves shoots against the Toronto Raptors on February 10, 2016 at Target Center in Minneapolis, Minnesota. 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. Mandatory Copyright Notice: Copyright 2016 NBAE (Photo by David Sherman/NBAE via Getty Images)
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MINNEAPOLIS (AP) — Karl-Anthony Towns had 35 points and 11 rebounds, and the Minnesota Timberwolves came back from 18 points down to stun the Toronto Raptors 117-112 on Wednesday night.

Canadian star Andrew Wiggins scored 13 of his 26 points in the fourth quarter, including a jumper with under 2 minutes to go that gave Minnesota a 112-109 lead. Ricky Rubio had 19 points, eight assists and eight rebounds to outplay All-Star Kyle Lowry, and the Wolves used a huge advantage at the free throw line to close out a team that had won 14 of its last 15 games.

DeMar DeRozan scored 35 points for the Raptors, who head home to host All-Star Weekend beginning on Friday night. But Lowry was held to 14 points and seven assists while battling foul trouble, and the combination of Wiggins and Towns was too much down the stretch.

Minnesota set season highs with 43 free throws made on 53 attempts on the way to its largest comeback win of the season. The Raptors were whistled for 34 fouls compared to 21 for the Wolves.

The Raptors looked to be cruising toward a highly anticipated weekend in Canada when they raced out to an 18-point lead in the second quarter. Then Lowry picked up his fourth foul, Jonas Valanciunas couldn’t handle Towns in the paint and the Timberwolves came all the way back to grab the lead early in the fourth quarter.

Raptors coach Dwane Casey emphasized before the game the need for a veteran group to hold it together for one more night before the party starts in Toronto. The Raptors were facing a Timberwolves team with the third-worst record in the West that was just blown out by lowly New Orleans in this building two nights prior.

When the Raptors got up big early, they may have relaxed a little bit and they found themselves in a fight for the final 9 minutes.

Rubio’s third 3-pointer gave the Timberwolves a 104-98 lead with 5:24 to play.

The Raptors fought back to tie the game with under 3 minutes to play, but Wiggins hit big shot after big shot a day before heading back to his hometown to play in the Rising Stars Challenge on Friday night.

Gorgui Dieng had 14 points and 10 rebounds, and all five Timberwolves starters finished in double figures.

TIP-INS

Raptors: Their 68 points were their most in a first half this season. … Bismack Biyombo left in the second quarter after a nasty spill under the basket but was able to return in the second half. … The Raptors made 10 of 31 3-pointers to just 4 of 14 for Minnesota.

Timberwolves: F Tayshaun Prince missed the game to attend former teammate Chauncey Billups’ jersey retirement ceremony in Detroit. … Zach LaVine started in Prince’s place and finished with 13 points. … The Wolves again played without Kevin Garnett (leg), Nikola Pekovic (ankle) and Kevin Martin (wrist).

UP NEXT

Raptors: Visit Chicago on Feb. 19.

Timberwolves: Visit Memphis on Feb. 19.

Celtics rally late, overtake Clippers in overtime 139-134

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BOSTON (AP) — Isaiah Thomas had 36 points and 11 assists, including a fade away jumper that sent the game to an extra period, to help the Boston Celtics overtake the Los Angeles Clippers 139-134 in overtime on Wednesday night.

Jared Sullinger added 21 points and 11 rebounds. Jae Crowder finished with 19 points, and Avery Bradley added 18 points as the Celtics won their eighth straight at home.

Boston played the second half without big man Kelly Olynyk. He left late in the first half with a bruised right shoulder.

The Clippers led by five late in regulation, but went without a field goal for more than three minutes.

Chris Paul led the Clippers with 35 points and 13 assists. J.J. Redick added 27 points and DeAndre Jordan finished with 21 points and 16 rebounds.

The loss spoiled what may be Clippers’ forward Paul Pierce‘s final game in the Boston Garden. The 38-year-old played 15 seasons with the Celtics and was facing his former team for the eighth time.

The Clippers opened overtime with a four-point play by Redick.

After a Celtics miss, he was fouled again on a 3-point attempt, and connected on two of his three free throws to give Los Angeles a six-point lead.

Boston didn’t go away, and eventually tied it on a jumper by Evan Turner. Turner then put the Celtics in front 135-132 via a three-point play – his seventh straight point – with 1:33 left.

Both teams traded baskets, before Pierce came up short on a 27-footer that was rebounded by the Celtics.

Los Angeles had a chance to tie it up, and Jamal Crawford‘s long 3-point attempted nearly banked in before rimming out.

Los Angeles led 120-117 with 56 seconds to play in regulation after Thomas was fouled on a driving layup. He missed his ensuing free throw, but it was rebounded by Sullinger. He connected on the first of his two free throws to trim it to 120-118.

Following a pair of free throws by Redick, Thomas gave the Celtics life again with a teardrop jumper.

Paul missed a long jumper with the shot clock winding down on the Clippers next possession, but Jae Crowder was called for a loose ball foul with 23.3 remaining

Jordan misfired on both ensuing free throws, and Thomas tied it with fade away jumper.

Paul had a good look at a jumper that would have won it regulation, but it bounced off the side of the rim at the buzzer.

TIP-INS

Clippers: The Clippers did not have a field goal for the final 3:29 of regulation. … Paul had 10 points and five assists in the first quarter. It was the 37th time in his career he’s had at least 10 points and five assists in a quarter. That’s the most in NBA since 2005-06.

Celtics: Improved to 10-3 in the second game of back-to-backs.

Kobe Bryant with spin move around LeBron James (VIDEO)

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The game itself went about how you’d expect one between a title contender and a high lottery team to go — the Cavaliers 120-111 win over the Lakers was never really in doubt.

But the fans in Cleveland wanted to see some vintage Kobe Bryant, and they got it late when he spun around LeBron James and hit the reverse lay-up.

LeBron had 29 points on the night, and Kyrie Irving had 35. Kobe finished with 17 and got a standing ovation from the Cleveland crowd.