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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.

Report: Bulls pushing to trade for 76ers’ Jahlil Okafor

CHICAGO, IL - DECEMBER 14: Jahlil Okafor #8 of the Philadelphia 76ers looks to pass against Jimmy Butler #21 of the Chicago Bulls at the United Center on December 14, 2015 in Chicago, Illinois. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using the photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Jonathan Daniel/Getty Images)
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The Bulls reportedly reached out to the 76ers about Jahlil Okafor a few weeks ago.

After unfulfilled intrigue and maybe a trade that fell through, Okafor remains in Philadelphia. And Chicago apparently still wants him.

Adrian Wojnarowski of Yahoo Sports:

As constituted, the Bulls already have a few interior bigs: Robin Lopez, Taj Gibson and Cristiano Felicio. But one or more could go in an Okafor trade or another deal.

Okafor would make the Chicago younger, confusing its direction with Jimmy Butler and Dwyane Wade already in place.

Perhaps, the Bulls are pushing for a trade only because they’re offering so little. Okafor’s low-post game offers intrigue. At the right price, he’d be worth adding, no matter the fit and direction presented.

Maybe the 76ers don’t go for a lowball offer, but that’d be worth trying considering their center logjam with Joel Embiid, Nerlens Noel and Jahlil Okafor. Otherwise, Chicago ought to tread carefully when pursuing Okafor.

Report: 76ers trading Ersan Ilyasova to Hawks for Tiago Splitter, picks

Atlanta Hawks guard Mike Dunleavy blocks the shot of Philadelphia 76ers forward Ersan Ilyasova (7) during the second half of an NBA basketball game, Saturday, Jan. 21, 2017, in Atlanta. Atlanta won 110-93. (AP Photo/John Amis)
AP Photo/John Amis
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The 76ers have played like a 64-win team when Joel Embiid and Ersan Ilyasova share the court and a 20-win team otherwise, using data from nbawowy!.

That’s helpful for Philadelphia, which is learning what type of player — a stretch four — works best with its franchise player.

But the Hawks can use more than just a lesson in the idea of Ersan Ilyasova. They can use actual Ersan Ilyasova.

And Atlanta will get him.

Adrian Wojnarowski of Yahoo Sports:

Jake Fischer of Sports Illustrated:

Atlanta stills sound intent on keeping Paul Millsap, so Ilyasova will likely back him up. Ilyasova should work particularly well with Dwight Howard, whose interior play was a key factor in ushering in this stretch-four era by covering for the lighter power forward next to him.

In the last 21 months, Ilyasova has been traded five times: from the Bucks to the Pistons to the Magic to the Thunder to the 76ers and now to the Hawks. They can probably count on the veteran to settle in quickly as they try to improve their position in the middle of the Eastern Conference playoff race. Atlanta is fifth, closer to third than sixth.

Both Ilyasova and Splitter have expiring contracts. The advantage of Splitter, who has missed the Hawks’ last 90 games, is that his full compensation counts toward the floor apparently without Philadelphia actually having to play all of his salary.

Plus, those picks could help the 76ers in a season where they can win something meaningful — like the Hawks have decided this season is for them.

Report: Other NBA executives believe Pacers not seriously shopping Paul George

LONDON, ENGLAND - JANUARY 12:  Paul George #13 of the Indiana Pacers in action during the NBA match between Indiana Pacers and Denver Nuggets at the O2 Arena on January 12, 2017 in London, England.  (Photo by Dan Mullan/Getty Images)
Dan Mullan/Getty Images
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The Pacers are reportedly shopping Paul George, trying to line up a trade if they can’t get him help in another deal.

But it’s hard to find anyone who believes Indiana is genuinely looking to trade George before the upcoming trade deadline.

David Aldridge of NBA.com:

If the Pacers are serious about trading George, they better convince other teams quickly. That’s the only way to draw out the best offers.

But it makes sense Indiana is only in the exploratory stage.

The Pacers — and only the Pacers — could offer George a designated-veteran-player contract extension (projected to be worth about $209 million over five years) this offseason if he makes an All-NBA team.

That’s probably a longshot. Kevin Durant, Kawhi Leonard and LeBron James are locks for three of the six forward spots. Anthony DavisJimmy ButlerDraymond Green and Giannis Antetokounmpo should also rank ahead of George. Gordon HaywardPaul MillsapKevin Love are firmly in the mix, too. That’s a lot of ground to make up and other contenders to fend off.

But it’s likely worth it for the Pacers to keep George past the deadline and let him try. The upside is so high.

If George doesn’t make an All-NBA team, Indiana could always trade him at any point before the next trade deadline. He could also qualify as a designated veteran player by making a 2017-18 All-NBA team and re-signing as a free agent in 2018, but by then, it’d be too late for the Pacers to trade him if they don’t have the major financial advantage.

At some point, Indiana could ask George to pledge to stay for his max, whatever that winds up being. That wouldn’t be binding, but his response could be telling.

For now, if I were the Pacers, I’d hope he makes All-NBA this year and dare him to reject the designated-veteran-player extension. If he qualifies and turns that down, that would absolutely be telling.

But I’d also be exploring the trade market now, hoping for an offer that knocks my socks off but more realistically gaining understanding for when dealing George becomes more logical.

Report: Clippers’ Chris Paul cleared, could play against Warriors on Thursday

Los Angeles Clippers' Chris Paul shoots as Portland Trail Blazers' Al-Farouq Aminu watches during the first half of an NBA preseason basketball game Thursday, Oct. 13, 2016, in Los Angeles. (AP Photo/Jae C. Hong)
AP Photo/Jae C. Hong
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Chris Paul tore a ligament in his left thumb last month, and the Clippers announced he’d miss 6-8 weeks.

He could return just over five weeks after injury, when the Clippers face the Warriors on Thursday.

Clippers coach Doc Rivers, via Andrew Han of ESPN:

“He looked great. He went through the whole practice [on Tuesday]. You know, so it was good. Really good,” Rivers said before practice on Wednesday. “He could play tomorrow. I mean, I can’t tell you if he will or not, but he’s been cleared medically. But we just want to make sure that he’s comfortable playing.”

The Clippers have slid to fourth in the West, leading the fifth-place Jazz by just half a game. It’s probably too late to catch the third-place Rockets, who are five games up. But maintaining home-court advantage in the first round is important.

Paul should help.

The Clippers remain dangerous when healthy. They’ve outscored teams by 15.1 points per 100 possessions when Paul, Blake Griffin, DeAndre Jordan and J.J. Redick share the court. With those four, they score and defend at rates that would lead the league if it weren’t for Golden State’s historic offensive rating.