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.

Pistons consider shutting down Reggie Jackson for rest of season

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The Pistons have started Reggie Jackson. They’ve brought him off the bench. They’ve sat him entirely.

No role seems right for the point guard as Detroit has lost four straight and seven of eight.

Now, it seems the Pistons might just shut down Jackson, who missed the start of the season with a knee injury. He’s at least doubtful for tonight’s key game against the Heat.

Pistons president/coach Stan Van Gundy, via Fox Sports Detroit:

We’ve been thinking about this, actually for a long time, OK? And he’s been playing at — it’s just hard to put a percentage — but probably at about 80 percent. And as we get into this stretch of games in March where we’re playing a lot, the fatigue is just making it worse.

It wasn’t really fair to him. We were running him out there, putting pressure on him. He’s seeing things he should be able to do, and he just can’t do. He’s not feeling pain, but he just can’t make the plays he wants to make. And we’re trying to put him out there.

We were really struggling, and we just need to have guys who are at full energy and the whole thing. And as much as he wants to, he can’t right now. It’s honestly amazing what he’s done.

To his credit, he fought me on it. He wanted to keep going.

He needs some rest. We don’t know how long it will be. But he needs some rest and to be able to try to get his energy back and see if we can get him at full strength.

He’s been a warrior. He’s tried to fight through it. He’s been frustrated, because he sees openings and things on the court that he just hasn’t been able to get to. I think part of it is a confidence thing.

And I think the thing that we really look forward to, and he looks forward to, is getting a fresh start in the offseason and being able to go through the preparation for a season like he did last year. And not only get right physically, but really get his confidence back to be able to attack and make the plays he’s had.

Jackson hasn’t looked right this season, showing only fleeting moments of quality production. It’s unclear whether that’s his knee, confidence, regression to the mean after a breakout season last year, bad luck or some combination.

But it has the Pistons in dire straights. They’re 1.5 games and two teams out of playoff position with tonight’s game against eight-place Miami crucial.

Detroit’s offense and defense have hummed better with Ish Smith, but despite the better chemistry he affords, the talent drop from Jackson is also glaring. It’s not as if the Pistons have soared with Smith. And relying on Beno Udrih for backup minutes is its own risk.

Van Gundy is talking a lot about next season when it comes to Jackson, which seems telling. The coach’s compliments seem designed to soften the blow.

The odds are against Detroit making the playoffs, but they might be higher without Jackson. The fact that that’s even considerable is also telling about Jackson’s season.

Joakim Noah says he’s cleared to play, which will allow suspension to begin

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The NBA suspended Joakim Noah 20 games — effective once he’s “physically able to play.”

Noah underwent knee surgery about a month ago, and though it seemed he’d miss the rest of the season, the Knicks said at the time he’d be reevaluated in 3-4 weeks. That gave the team cover to claim his suspension should begin this season.

So, Noah rushed to practice today, and no matter how unlikely he would’ve been to follow this timeline sans suspension, that will seemingly be enough.

Fred Kerber of the New York Post:

New York has eight games remaining, which would leave 12 for Noah to serve at the beginning of next season.

Obviously, the more of his suspension Noah serves during this lost season, the better. The Knicks might be a wreck next season too, but at least there’s a chance they’re ready to win (and a chance Noah can contribute). This year is confirmed hopeless.

 

After fun back-to-back wins, Kings deemphasizing veterans

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Break up the Kings.

No, really.

After consecutive thrilling wins — a historic comeback against the Clippers on Sunday and another one-point win over the Grizzlies, Sacramento coach Dave Joerger’s former team, yesterday — the Kings announced a changing of the guard.

Joerger, via CSN California:

This was maybe our last stand for the year, as far as you’re probably not going to see all those veterans play together the rest of the season.

Darren Collison, Garrett Temple, Kosta Koufos, Anthony Tolliver and Ty Lawson played major roles against Memphis. Expect their minutes to be cut down the stretch.

The Kings have “fallen” to the NBA’s eight-worst record. It’s unlikely, but a late-game surge could “drop” them to the league’s 10th-worst record.

That’s unviable for a team that put itself on the tanking track and loses its first-round pick (to the Bulls) if it falls outside the top 10. Sacramento must protect itself from bad lottery luck.

It might not require going full Suns, but the Kings should and will emphasize developing their young players — who, not at all incidentally, are less equipped to help the team win.

Tyronn Lue says he has secret plan to fix Cavaliers’ defense for playoffs

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Only one team that ranked outside the top 12 in points allowed per possession during the regular season won an NBA title. The 2000-01 Lakers, who were 21st in defensive rating, are the lone outlier.

The Cavaliers rank 22nd in defensive rating this season and have been even worse lately.

But Cleveland coach Tyronn Lue says he has a plan. He just won’t reveal it yet.

Lue, via Joe Vardon of Cleveland.com:

“We’ve got to hold back. We can’t show our hand early because … these are some good teams and we don’t want them to be able to come into a series and be able to adjust to what we do. We just have to be able to play our normal defense until we get there and then we will see what happens.”

Also:

“I think the rebounding hurt us. Rebounding. But it will be different once some other things happen. … Their two-guards, their threes, they still crashed the boards. But we have something to fix that. Just not right now.”

What precisely those plans are, Lue wouldn’t tell us. And here’s the other part — he’s not exactly sure they’ll work.

“I’m not confident, but we’ve got to” get the defense fixed, Lue said. “We have to.”

The Cavs ranked just 10th in defensive rating last season, among the worst marks for an eventual champion. But they cranked up their defense in the playoffs, especially late. Cleveland held the Raptors 4.8 points per 100 possessions below their regular-season scoring rate and the Warriors 7.8 below theirs.

Lue also unleashed a 3-point-heavy attack in the playoffs last year after sitting on the strategy through the regular season.

So, I have some faith Lue will implement a better defensive gameplan when it counts. It also helps to have LeBron James, who can still play elite defense when not in the slog of a long regular season.

But the Cavaliers’ defensive deficiencies right now are glaring. This roster appears to lack defensive potential, and their many miscues keep them well below whatever that potential is.

The challenge in elevating this defense to championship-caliber will be immense, maybe even unprecedented.