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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.

LeBron James on surpassing Michael Jordan: “It’s a personal goal”

CLEVELAND, OH - SEPTEMBER 26: LeBron James #23 of the Cleveland Cavaliers during media day at Cleveland Clinic Courts on September 26, 2016 in Cleveland, Ohio. 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. (Photo by Jason Miller/Getty Images)
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Since he was a teenager, LeBron James has been compared to Michael Jordan. That comparison has usually been used as a way to cut him down or explain why he’s not in the same class, but that’s changed since he won his third championship, and first in Cleveland, in June. Now, LeBron has started to be a lot more open about his desire to eventually surpass Jordan. He said so in an interview with the AP’s Tom Withers after practice on Tuesday:

Now that LeBron James has won a championship for the ages, he’s set a loftier goal:

Catching Michael Jordan.

Long flattered to be mentioned in the same company with Jordan and other NBA legends, James has been hesitant to publicly acknowledge that he wants to be remembered as the greatest in league history.

It’s time now.

“It’s a personal goal,” James told The Associated Press on Monday. “I just never brought it up. It’s my own personal goal to be able to be greater than great. I think that should be everybody’s personal goal.”

Now that James has indisputably cemented his legacy as one of the handful of greatest players ever to play the game, he has a lot less to lose by openly talking about these things. Five years ago, he would have gotten killed for bringing it up. Now? It just seems plausible more than anything else.

Kevin Durant says Nike didn’t influence his free-agency decision

OAKLAND, CA - SEPTEMBER 26:  Kevin Durant #35 of the Golden State Warriors poses for NBA team photographer Noah Graham during the Golden State Warriors Media Day at the Warriors Practice Facility on September 26, 2016 in Oakland, California.  (Photo by Ezra Shaw/Getty Images)
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Many different factors went into Kevin Durant‘s decision this summer to leave the Oklahoma City Thunder for the Golden State Warriors — basketball fit, location, his friendships with Andre Iguodala and Draymond Green, and more. But one thing he wants to make sure you know didn’t influence him is Nike. Durant told reporters this week that the shoe company, which he endorses, didn’t steer him one way or another in free agency, and they didn’t even know his plans beforehand.

It’s a little hard to believe that Nike had zero advance knowledge of Durant’s plans — if not a hard answer, at least a strong indication of which way he was leaning. Durant was one of the most popular players in the league in Oklahoma City, so Nike would have been fine either way. But his presence in Golden State, a much bigger market and the dominant story in the NBA this season, will only help them. It doesn’t hurt, either, that they now have one of their biggest athletes in the same market as Stephen Curry, who had been taking advantage of all the attention on the Warriors to raise Under Armour’s profile. Now, Nike can get some of that spotlight back in the Bay Area.

Barnes, Bogut highlight latest round of changes for Mavs

CLEVELAND, OH - JUNE 08:  Harrison Barnes #40 of the Golden State Warriors reacts in Game 3 of the 2016 NBA Finals against the Cleveland Cavaliers at Quicken Loans Arena on June 8, 2016 in Cleveland, Ohio. 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 Ronald Martinez/Getty Images)
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DALLAS (AP) Harrison Barnes and Andrew Bogut are in, Chandler Parsons and Zaza Pachulia are out and Dallas coach Rick Carlisle has a retooled roster for the sixth consecutive time since winning a championship.

“Well, we love it,” Carlisle said at media day this week as someone chuckled. “What’s more exciting than getting seven new guys? New blood. It’s fresh every year.

“Really, that wasn’t meant to be a joke,” he added. “If you view it as a negative, there’s a pretty good chance it’s going to be a negative. I don’t look at it that way.”

The Mavericks have made the playoffs all but one season since the constant turnover started after owner Mark Cuban chose salary cap flexibility over keeping a few key players when a new labor agreement was reached six months after his team won the title in 2011.

But Dallas still hasn’t won a postseason series since beating Miami in six games in those NBA Finals.

Repeated efforts to land big names in free agency failed, which this year led to the additions of Barnes and Bogut from 2015 champion Golden State after the Warriors lured Kevin Durant from Oklahoma City and had to unload both starters to make cap room for the four-time NBA scoring champion.

Barnes headlines the group of newcomers because he’ll be a top option on offense after signing a four-year, $94 million max contract. Over his four seasons with the Warriors, he was always a role player behind Stephen Curry and Klay Thompson.

“It’s going to be bigger expectations and I’m going to have a larger role on this team,” Barnes said. “I feel like we have a lot of pieces this year, either coming back off injury, guys who are motivated, have a lot to prove. So hopefully we can all come together and do something special.”

There’s actually some stability in the starting five because point guard Deron Williams is back for a second season with his hometown team.

Nowitzki, going into his 19th season at age 38, says Williams was the best player on the team at times last season, and the Mavericks missed him in their five-game loss to Oklahoma City. He was limited by a sports hernia injury that required offseason surgery.

Parsons signed a max deal with Memphis, and Pachulia went to the Warriors after the trade that landed Dallas the 7-footer Bogut, who should be a much stronger shot-blocking presence than his predecessor.

The changes fit the formula of at least two new starters each season going back to the title year.

“There are similarities to other years,” Carlisle said. “The ability to add Bogut and Barnes was huge for us. We caught some good luck on that.”

The other notable newcomer is Curry’s younger brother, Seth Curry, who is on his fifth team in his fourth season but finally had a more prominent role last season in Sacramento. Former Baylor standout Quincy Acy is in Dallas after bouncing around his first four years.

The Mavericks are deep at guard with holders J.J. Barea and Devin Harris behind Williams and Wes Matthews, in his second season as the shooting guard and now more than a year removed from tearing an Achilles tendon his final season in Portland.

Also returning are athletic young forwards Justin Anderson and Dwight Powell along with 7-2 Tunisian center Salah Mejri, a surprising shot-blocking presence last season as a 30-year-old rookie.

“They’re definitely athletes and we should be able to have a great defensive lineup once I’m out,” said Nowitzki, poking fun at his defensive skills. “I think we have a (backup) lineup out there that could be really, really good, and obviously youth and athleticism is a big part.”

Barnes wanted to be a part of it even though the Mavericks appear further from championship contention than other Western Conference teams.

“I think when you look at what this franchise has done year in, year out, stable on their ship,” Barnes said. “And be able to learn from a guy named Dirk who’s done it year in, year out. He’s pretty much built this place through his work ethic.”

And now Nowitzki is getting used to another new collection of teammates.

Follow Schuyler Dixon on Twitter at https://twitter.com/apschuyler

Jazz’s Dante Exum says his knee is completely healed from 2015 ACL tear

MIAMI, FL - DECEMBER 17:  Dante Exum #11 of the Utah Jazz drives to the lane during a game against the Miami Heat at American Airlines Arena on December 17, 2014 in Miami, Florida. 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:  (Photo by Mike Ehrmann/Getty Images)
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After a promising rookie season, Dante Exum missed all of 2015-16 rehabbing a torn left ACL he suffered during an exhibition game with the Australian national team in summer 2015. As the Jazz kick off training camp, Exum says he’s fully recovered after his year off and he’s ready to go.

Via Jody Gennessy of the Deseret News:

“I was just excited to get back out there,” Exum said after the first of two practices Tuesday. “I was feeling good. … I was just ready to come out there, talk when I can and run between every drill.”

Both his attitude and his body were at 100 percent as he returned from a yearlong rehab that followed his September 2015 surgery on his left knee that had been injured in a friendly international game with the Australian team.

With the Jazz’s trade for George Hill over the summer, Exum won’t have to be the starting point guard, which will take some pressure off of him to get back to full strength right away. A torn ACL is something that usually takes time to return from, and having guard depth to ease his workload will help with the transition. If the Jazz get good production out of Exum, it will be a bonus for what looks to be one of the most exciting young teams in the Western Conference.