What’s next in sale of Kings? Do all roads point north?

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The Maloofs have made their decision — they have reached a deal to sell the Sacramento Kings to Chris Hansen and his Seattle based group. As we reported, that sale will be formally announced in the coming days, and by Feb. 1 the Maloof family will get a $30 million deposit.

But that is not the end of the saga. So what’s next? Does Sacramento have any chance of keeping their team?

Here’s what happens from here on out.

• The new ownership group will make their application to the league for team relocation to Seattle for next season, something they must do by March 1. This is key, what nobody wants is a lame duck season where the Seattle group owns the team with plans to move but they play in an empty Sacramento arena.

The relocation committee is expected to easily approve the move, reports Adrian Wojnarowski of Yahoo Sports and the NBC Sports Network. The Kings would play two seasons in Key Arena while their new stadium is built (not far from Safeco Field where the Mariners play). That stadium is going through an environmental review process now but has its financing and most governmental approvals in place already.

• The NBA’s Board of Governors — made up of the owners (or their appointed representative) — has to approve the sale, likely a vote will come when they meet in New York in April (giving the league time to do background checks on the new owners).

This is where Sacramento will makes its last stand — Mayor Kevin Johnson is scheduled to address the BOG and makes his pitch for the owners to reject the sale to Hansen and instead push the Maloofs to sell to a local ownership group. We have detailed how he is putting all of this together and it should be a good offer with legitimate big money. This group will include parties looking to build a new arena in Sacramento.

Johnson will have to show how keeping the team in Sacramento is better for the owners’ bottom line. Sacramento fans can preach image issues if they want, but money is what matters. If the lockout taught us one thing it is that. Which makes things a challenge for Sacramento because Seattle is a larger television market and the owners would get cash in their pockets from a from a relocation fee (which was $30 million for the Sonics to become the Thunder). But as we have detailed Sacramento Mayor Kevin Johnson believes he can make a compelling case because his group would not have to repay a loan to the city of Sacramento, nor would he have to pay relocate.

There are reports the owners just want to approve the sale and get this all behind them, but like always they will vote what is best for their pocketbooks.

• Negotiations with the Thunder over the name Sonics. Clay Bennett’s group, when it moved the team, kept the rights to the name Sonics but would be open to a transfer if a team moved to Seattle. It’s hard to see him standing in the way of this if the sale is approved, or David Stern letting him.

What is interesting is how you treat the history of the franchises. Do the old Seattle records move back to Seattle with the new franchise? What about the history and records of the Kings, a franchise with a long history going back through Kansas City to the early days of the NBA?

• Whatever happens with the sale of the team, look for a radical reorganization of the front office. Kings GM Geoff Petrie is in the last year of his deal and is reportedly going to retire at the end of the season.

Spurs head man R.C. Buford and former Pacers president Larry Bird are targets of the organization, reports Wojnarowski. Longtime NBA writer Peter Vecsey says Phil Jackson is in the mix for a front office spot. But even if the team stays it is expected that how the Kings are run as an organization will get an overhaul.

Minnesota’s Wiggins considers contract deal without agent

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MINNEAPOLIS (AP) — Andrew Wiggins says he feels good about a max contract offer that is sitting in front of him with the Minnesota Timberwolves. But he’s in no rush to get it signed.

Wiggins says he is going over the five-year, $148 million offer from the Wolves deliberately to make sure everything is where he wants it before he signs. He is being extra careful because he is operating without an agent after parting ways with Bill Duffy and BDA Sports in August.

Wiggins says he has only positive things to say about Duffy. But he made the decision “from a business point of view.” He says he is leaning on parents, who were both high-profile athletes.

He says he appreciates the level of commitment the Timberwolves have shown and wants to be in Minnesota for the long term.

 

Report: Carmelo Anthony adds Cavaliers, Thunder to list of teams where he will accept trade

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Carmelo Anthony wants most of all to be traded to Houston (and he has leverage thanks to the no-trade clause Phil Jackson/James Dolan gave him). However, to make the deal work the Rockets needed to unload the three-year, $60 million contract of Ryan Anderson — which the Knicks do not want, and neither did any third team without a couple high first-round picks as a sweetener. Also, the Knicks wanted quality you assets back the Rockets didn’t have (or would part with), so the deal was dead. Anthony tried to wait it out, but nothing happened, and at this point the Knicks expect ‘Melo in camp Monday.

In the face of that, Anthony has expanded his list of teams where he will waive his no-trade clause to include the Cleveland Cavaliers and Oklahoma City Thunder, according to multiple reports.

Adrian Wojnarowski of ESPN was first with the news about the Cavs.

Carmelo Anthony, a 10-time NBA All-Star, has delivered the New York Knicks an expanded list of teams — including the Cleveland Cavaliers — with which he’d be willing to waive his no-trade clause, league sources told ESPN.

After the Knicks insisted that they were unable to make a deal with the Houston Rockets, his primary trade destination, Anthony and his representatives honored New York’s request and furnished at least two more teams within the past 10 days, league sources told ESPN.

ESPN’s Ian Begley filled in the details.

Cleveland was on the initial list of teams Anthony gave the Knicks (teams he would waive his no-trade for) but the Knicks wanted Kevin Love and Cleveland shot that down (that was before the Kyrie Irving deal, now Cleveland is even less likely to make that trade). The Cavaliers don’t have a lot of young talent on their roster, and that’s what the Knicks will want back in a deal, picks and players who are on Kristaps Porzingis‘ career arc.

If Cleveland was willing to throw the 2018 Brooklyn Nets pick in the trade it would get done quickly, but I have been told (before this news) Cleveland would not part with that pick, they see it as “LeBron leaves” insurance.

You can bet LeBron James is pushing to get Anthony on the Cavs. Adding him and Dwyane Wade — when Wade is bought out by the Bulls (eventually) — would move the Cavaliers a little closer to the Warriors, although both Wade and ‘Melo are bad defensive matchups against Golden State.

Oklahoma City would likely use Enes Kanter in any trade because his $17 million salary helps balance the money. However, the Thunder are like the Cavs in that this is not a roster with much young talent that the Knicks would want. Guys like Doug McDermott and Kyle Singler are not going to cut it.

It could take a third team to get a deal done with either the Cavaliers or Thunder.

While there had been rumors Portland was still trying to get in — that’s a team with multiple ways to make that trade if they are willing to send Zach Collins and picks to New York — multiple reports out of New York say the Blazers are not one of the teams on Anthony’s list, something first reported by Stefan Bondy of the New York Daily News.

Anthony may well get moved before the start of the season now, but not likely before training camp opens for the Knicks Monday. So that awkward set of questions still gets to take place.

 

We have a (very minor) trade: Troy Daniels to Suns for pick

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Memphis had more than the max 15 guaranteed contracts on the books, and the cost of unloading one of those turns out to be a second-round pick.

Troy Daniels, who is owed $6.7 million over the next two years, has been traded from the Memphis Grizzlies to the Phoenix Suns, a story broken by Shams Charania of The Vertical at Yahoo Sports and since confirmed by the teams themselves. As part of the deal, the teams swap 2018 second round picks (however the Phoenix pick going to Memphis is top 55 protected, meaning it doesn’t move unless the Suns are a top five team ext season). Basically, Memphis has three second-round picks in 2018 and Phoenix gets the middle one as the sweetener for taking on the contract.

This trade is really about Memphis clearing a roster spot and some salary space, and Phoenix being willing to take it on for a second round pick.

Interestingly, Daniels and Suns star Devin Booker got in a little war of words at the end of a game last season.

The Suns consulted with Booker about that before pulling the trigger on the deal.

Pat Riley raves about Dwyane Wade, but avoids all contract talk

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MIAMI (AP) — Dwyane Wade is under contract with the Chicago Bulls, meaning other NBA clubs cannot openly talk about possibly signing him until he is a free agent. As such, Miami Heat President Pat Riley was cautious Friday when asked about Wade’s future.

Wade spent his first 13 seasons in Miami before leaving in the summer of 2016 and going to the Bulls, his hometown team. But Chicago appears in full rebuilding mode after trading All-Star forward Jimmy Butler – someone Wade was close with – to Minnesota this offseason. And since Wade is in the last year of a deal that will pay him nearly $24 million this season, buyout speculation has been rampant for months.

If Wade gets a buyout, he’d be free to join any team.

“I feel great about our relationship that we had over the 13 years,” Riley said. “And anything that happens from a personnel standpoint down the road, or any opportunities that are there, we’re always going to approach that. But right now he’s under contract. He’s under contract with Chicago and I wish him the very best.”

Some Heat players, including longtime close friend Udonis Haslem, have made clear that if Wade becomes a free agent they would definitely want him to consider a return.

“He knows how I feel,” Haslem said this month.

Riley – and every other NBA executive – has to be much more guarded. But Riley made no secret of the affinity he still has for Wade, even raving about his wife, actress Gabrielle Union.

“She was stunning at the Emmys,” Riley said. “And to see him sitting in the seat next to her at the Emmys, I said `Man, we both have come a long way.”‘

The Bulls hold their media day Monday, with camp opening Tuesday. Wade spent at least part of this week in Miami, where he kept his home, and worked out at least once at the University of Miami .

Bulls President John Paxson told CSN Chicago on Thursday he and general manager Gar Forman sat down with Wade when the season ended, and plan to do so again when he returns to Chicago in the coming days.

“We were honest with him. We told him, that we don’t know what’s going to happen,” Paxson said. “At that time we were not shopping Jimmy. But we also said all along that if a deal would come along that would allow us to rebuild, we’d have to look at it. We’ve said that to everybody. So with that said, Dwyane’s under contract. He has been a professional through and through. We want to talk to him when he comes in town, and we will.”

Wade is Miami’s franchise leader in several categories, starred on all three of the Heat championship teams and has kept close ties with several people within the organization since his departure. He was the MVP of the 2006 NBA Finals.

“Probably one of the greatest series that any player has ever had in a Finals,” Riley said.