Clippers Kings Basketball

Report: Billionaire who wants to keep Kings in Sacramento met with Stern

24 Comments

If you learned one thing from the time the Maloof family tried to move the Kings to Anaheim it should have been this — Sacramento fans, led by mayor Kevin Johnson, will not give up without a fight.

While the Maloof family has reached an agreement to Sacramento Kings to a group headed by hedge fund manager Chris Hansen and Microsoft CEO Steve Ballmer — a group that intends to move the team to Seattle for next season — Johnson and team are working on a counter proposal.

One that includes Los Angeles based billionaire Ron Burkle, who flew out to New York to meet with David Stern this week, reports Sam Amick at USA Today.

Los Angeles-based billionaire and prospective owner of the Sacramento Kings, Ron Burkle, met with NBA Commissioner David Stern on Thursday in New York City, according to two people with knowledge of the situation…

Burkle — the supermarket mogul who is part owner of the NHL’s Pittsburgh Penguins — has been planning to make a competing bid with fellow money man Mark Mastrov, the Northern California-based founder of 24-Hour Fitness, in an attempt to convince the NBA to keep the team in Sacramento. The goal all along from the Sacramento side has been to force the NBA into a tough decision by putting together an arena plan and a bid that’s competitive with the Hansen-Ballmer group.

The question is simple: Even if Johnson puts together a group with the money and a viable plan, the question is will that be enough? If they do get it together, it would certainly make approval of the sale more awkward for the Board of Governors, but the board can choose what it wants.

If you’re asking why the Maloofs don’t just sell to Burkle, there is some animosity there. Burkle stepped forward saying he would buy the team and keep them in Sacramento when the Anaheim deal was proposed, and that angered the Maloofs. They don’t want him to get the team.

Any sale of a team must be approved by the NBA’s Board of Governors (made up of the owners or their appointed representative). That body meets in April in New York and Johnson is expected to make his pitch there.

But it will not be easy. He’s going to have to convince those owners (who may want to sell their team some day and don’t want a lot of precedent set) that Sacramento has an offer that is better for the league long term. While Sacramento is the nation’s 20th largest television market, Seattle is 14th. While Sacramento is pulling together an arena deal, Seattle’s is financed, through most approvals and on to environmental review (but certainly not done). Several owners — and reportedly David Stern — see leaving Seattle as a mistake they want to correct. Plus each owner would each get part of any relocation fee straight into their pockets — it was $30 million for the Sonics move to Oklahoma City, which is a little more than $1 million a team.

The Hansen/Ballmer group has worked hard to present an air of inevitability around this sale, to make it seem done and done. Smart move by them.

But it’s not done.

Sacramento certainly has its work cut out for it. But pulling out of Sacramento when city officials worked to keep the team, had quality new owners lined up plus an arena deal moving forward would be an ugly black eye for the league as well. The league says it wants communities and cities to work with them, that is what Sacramento has done only to be thwarted by the Maloofs. It also has been reported the Maloofs minority owners have a “first right of refusal” clause to buy the team if it went up for sale, something they could use to muck up the planned sale to Hansen/Ballmer.

It’s messy. But politics and business is now and always has been messy (go see “Lincoln”). However uphill the battle may seem, the people of Sacramento are not going down without a fight, they are not just letting their team waltz out of town.

Syracuse coach Jim Boeheim: Carmelo Anthony probably won’t win NBA championship

RIO DE JANEIRO, BRAZIL - AUGUST 21:  Carmelo Anthony #15 of the United States poses with Team USA assistant coach Jim Boeheim after defeating Serbia in the Men's Gold medal game on Day 16 of the Rio 2016 Olympic Games at Carioca Arena 1 on August 21, 2016 in Rio de Janeiro, Brazil.  (Photo by Elsa/Getty Images)
Elsa/Getty Images
3 Comments

Jim Boeheim urged Carmelo Anthony to leave the Knicks in 2014. The Syracuse coach suggested the Bulls for his former player.

At the heart of Boeheim’s pitch: He wanted Anthony to win an NBA championship.

Well, Anthony discarded Boeheim’s advice and re-signed with the Knicks. So, Boeheim is predicting the outcome he always predicted if Anthony returned to New York.

Boeheim, via Mike Walters of Syracuse.com:

“He’s unlikely to win an NBA title,” Boeheim said. “He’s never been on a team that even had a remote chance of winning an NBA title. As a player, all you can do is try to make your team better and every team he’s been on he’s made them a lot better. Denver hadn’t done anything prior to him getting there and he took them into the playoffs. They weren’t going to beat the Lakers or the Spurs. In those years, they won the championship most of the time.

“But he’s always made his team better,” added Boeheim. “It’s obvious. You look back on your total basketball experience and he had a great high school team, he won the NCAA championship and he’s won three gold medals in the Olympics. That’s a pretty good resume.”

This is a classic controversy. Boeheim caused it by being honest.

Anthony probably won’t win a title.

He’s 32, playing for a team with a middling-at-best supporting cast and seems content remaining in New York. His most valuable teammate, Kristaps Porzingis, is so young, his prime might not overlap with Anthony’s. The Knicks limited themselves in the next few seasons by guaranteeing 31-year-old Joakim Noah more than $72 million over the next four years.

Most players are unlikely to win another championship. Most of exceptions play for the Warriors. I’m not even sure LeBron James is more likely than not to win another title.

Anthony sure isn’t.

That’s not the end of the world, and as Boeheim – and Anthony – said, Anthony can still have a good résumé. But it has to sting for such a prominent basketball figure in the state of New York and proud Anthony supporter tell the truth so bluntly.

Derrick Rose: Knicks ‘have a chance to win every game, and in the league, that’s rare’

Joe Lewnard/Daily Herald via AP
9 Comments

Derrick Rose called the Knicks a super team, which is absurd. When people called the absurd comment absurd, Rose doubled down.

How else can Rose show his absurd confidence in the Knicks?

Rose, via Nick DePaula of Yahoo Sports:

I think we have a chance to win every game, and in the league, that’s rare.

Let’s give Rose the benefit of the doubt. I think he meant the Knicks are capable of winning each time they take the court, not that they’ll go 82-0.

That’s probably true.

I can’t, today, call any single game on the Knicks’ schedule a guaranteed loss. Sure, some games are harder than others. The Knicks probably won’t win at Golden State in their sixth city in 10 nights. But they could. The Lakers beat the Warriors last season. Anything is possible.

Which is to say the Knicks being capable of winning every game is not rare. Nearly every team – and maybe even every team – can, on August 23, point to each game on its schedule and call it winnable.

But Derrick Rose is gonna Derrick Rose.

Trail Blazers C Festus Ezeli out six weeks after knee injection

CLEVELAND, OH - JANUARY 18: Festus Ezeli #31 of the Golden State Warriors yells to his team during the first half against the Cleveland Cavaliers at Quicken Loans Arena on January 18, 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)
Jason Miller/Getty Images
Leave a comment

At one point, Festus Ezeli was predicted to land $50 million over three years in free agency.

But even in this wild market, injury concerns forced him to settle for just $8.4 million guaranteed from the Trail Blazers.

Their calculated risk isn’t paying off so far.

CSN Northwest:

Portland Trail Blazers center Festus Ezeli had his left knee injected with a bone marrow aspirate concentrate and Orthovisc today in Chicago.

The injection, performed by Dr. Brian Cole, is intended to alleviate pain and improve function.

Ezeli will be sidelined for six weeks.

This timeline would have Ezeli out for the beginning of training camp but back well before the regular season begins. Even if this puts Ezeli behind schedule, Portland has center depth in Mason Plumlee, Meyers Leonard and Ed Davis.

The Trail Blazers had to know they couldn’t completely depend on Ezeli to remain healthy.

Still, he’s a rim protector unlike Portland’s other options. The Blazers lose versatility and the ability to play better defense while he’s out.

Lakers contract to pay Yi Jianlian between $250,000 and $8 million next season

LOS ANGELES, CA - JULY 24:  Draymond Green #14 of the United States defends against Yi Jianlian #11 of China during the second half of a USA Basketball showcase exhibition gameat Staples Center on July 24, 2016 in Los Angeles, California.  (Photo by Sean M. Haffey/Getty Images)
Sean M. Haffey/Getty Images
3 Comments

The Lakers officially signed former draft bust/Chinese Olympic star Yi Jianlian, but the contract terms were shrouded in mystery.

Some reports said he’d earn the minimum next season. Another said he’d get $8 million.

It’s rare to see such a huge discrepancy, but Yahoo Sports provided some clarity:

  • Cap number: $8 million
  • Guarantee: $250,000
  • Likely incentives:  up to $6,860,877

That means Yi’s base salary on the one-year contract is$1,139,123 – his minimum as someone with five years of NBA experience.

Yi will earn $6,701 per day he’s on the regular-season roster until Jan. 10. Then, his base salary will become fully guaranteed. He can also add to his income by achieving the incentive bonuses in his contract.

With this unconventional deal, the Lakers can waive Yi and potentially be off the hook for significant portions of his salary. But they don’t get cap flexibility unless they waive him before incentives raise his salary. He’ll count $8 million against the cap while he remains under contract.

The big question now: What specifically are Yi’s incentives?