Future of NBA arena subsidies, market comparisons to decide Kings’ fate


As Sacramento Mayor Kevin Johnson has been advertising for the past month, we did indeed get confirmation of the identity of his ‘whales’ at his State of the City address on Thursday.

Reiterating parts of his four-part plan that included bringing together a local ownership group, finding big equity investors (whales), putting together a downtown arena deal, and demonstrating the value of the Sacramento marketplace – Johnson would announce that 24 Hour Fitness founder Mark Mastrov and billionaire Ron Burkle would put in a bid to keep the Kings in Sacramento.

“With all due respect to Seattle, I do hope they get a team someday, but let me be perfectly crystal clear, it is not going to be this team,” said Johnson.

Johnson also announced that former Kings great Mitch Richmond would join the local ownership group and that the city’s proposal would include an option to return WNBA basketball to Sacramento.

Sources close to the situation told PBT that the framework of the offer delivered to the NBA on Friday was very close to Seattle’s $341 million offer for a controlling 65 percent interest in the club. NBA spokesman Tim Frank confirmed delivery of the offer on Friday, the day of the deadline.

Over the next month Sacramento will continue to iron out the details on a public subsidy and arena deal locally with the Sacramento City Council, which will ultimately vote on a term sheet to be delivered to the Board of Governors in time for their April 18-19 meeting.

Sources tell PBT that the Sacramento offer will be conveyed by the group to the NBA’s joint committees in charge of reviewing the situation on or around April 1. It is expected that Seattle’s group will also meet with that committee around that time, though no meeting has been publicly acknowledged.

According to sources, the two issues that will drive the conversation is the league’s strategy for securing arena subsidies in the future, and the impact each market will have on team revenues and the league’s financial model as a whole. Also under consideration are timelines to deliver an arena, ownership groups, and the precedent the league could set by blocking an owner from selling to a group of their choosing.

The league blocked a sale of the Minnesota Timberwolves to a group headed by boxing promoter Bob Arum in 1994, but a well-placed source told PBT that the league views this transaction as “unprecedented,” citing that never before has the league relocated from a city that has supported its team both at the gate and with public subsidy dollars.

The Maloof ownership group reportedly has “little to no leverage” in NBA’s decision-making process. They also reportedly owe the NBA in excess of $100 million on a line of credit they’ve used throughout their ownership. If called in, the family’s financial woes could give the league an opening to use the ‘Best Interests of the League’ clause, similar to the way Major League Baseball removed Dodgers owner Frank McCourt.

Sources do not expect the Maloof family to push back on the league’s decision to back either Sacramento or Seattle, citing the prohibitive costs of an antitrust lawsuit, and the potential for the family to lose a chance to cash out in Sacramento or Seattle.

The issue of market comparisons between Sacramento and Seattle is cloudy, but sources expect Sacramento to be competitive in that area because it has one major sports team in their No. 20 TV market, while Seattle could have six major sports teams in its No. 12 TV market. We will cover this in a bit more detail later in the next few weeks.

While details about Sacramento’s ownership group are a bit hazy at this time, it has been expected that Mastrov would be the front man. The more private Burkle reportedly would focus on the development of the Downtown Plaza location. Sources indicate the duo will share in the ownership of a potential deal, though it’s unclear what those percentages will be. Both owners have been vetted by the NBA, and Mastrov finished second in the Golden State Warriors bid that recently went to the Joe Lacob group.

While Seattle’s Chris Hansen-Steve Ballmer group has enormous wealth, another well-placed source speaking to PBT under condition of anonymity said the league is happy with both ownership groups and not to expect a deal to hinge on any comparison between them.

If a showdown comes to the owners’ deciding vote, some sources hinted at a scenario in which the league tells the Hansen group that they’re going to choose Sacramento – allowing the Hansen group to bow out gracefully and avoid a divisive ownership vote.

Should the league favor Sacramento, sources say the work the city has done to fight for its team and the narrative it will give the league to sell to future cities in arena negotiations will have played a critical role in the NBA’s decision-making process.

Seattle’s deal contains a greater percentage of private funds due to local initiative-91 requiring public funds to return a guaranteed profit, which is a trend the league wants to avoid.  On the other hand, Sacramento’s deal fits the public-private model the league is selling to cities, with a larger public subsidy going toward a new state-of-the-art building in a downtown revitalization effort.

We will cover that issue in greater detail in the coming weeks.

In order to keep their team, Sacramento will need eight votes out of 29 other owners to block the transfer of ownership to Seattle’s Hansen/Ballmer group.

Raptors center Bismack Biyombo: Cavaliers believe we’re tougher than them

Lebron James, Bismack Biyombo
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LeBron James and James Jones called a players-only meeting after the Cavaliers’ loss to the Raptors on Wednesday.

This is why.

Toronto center Bismack Biyombo, via Chris Haynes of

“The most important thing is that we played tough,” Bismack told “Cleveland is a good team, but when they come in here, they feel like we are the tough ones and that’s what we want to accomplish as the definition of the Toronto Raptors.”

Those are harsh words from Biyombo. It’s one thing to say you believe your team is tougher than the opponent. It’s another to say you can tell the opponent believes your team is tougher.

Privately, though, I bet LeBron appreciates this comment.

The Cavaliers are not soft, but their goal is nothing short of a championship. They need to get tougher if they’re going to beat the Warriors, whom LeBron said look hungrier than Cleveland. So, LeBron has already begun challenging his teammates. He wants them to believe they have far to go, because that will pay off in the long run.

Biyombo’s answer furthers the Cavs toward that goal.

Plus, if the Cavaliers and Raptors meet in the playoffs, it’ll make it much easier for Cleveland to find motivation. But Toronto is a tough team. That series would be no walkover unless the Cavs use this criticism constructively.

Jerry West: Draymond Green is a Top 10 player in NBA

Draymond Green

Jerry West is smarter than you. And me. Put together. This guy is more than just the logo, he helped assemble the Showtime Lakers, he was a vocal advocate of not trading Klay Thompson for Kevin Love, he has been right far more than he has been wrong making basketball decisions.

And he says Draymond Green is a top-10 player in the NBA. West was on KNBR radio in the Bay Area when he made these comments (hat tip to Eye on Basketball):

“I think honestly we have two of the top 10 players in the league — Draymond Green is the second one. He’s the most underrated player in the NBA, period. There are very few players, I think, anyone in our organization would trade for him. He’s just a remarkable player. Watch him handle the ball, watch him make passes, defensively he’s everywhere. If he’s not a top 10 player in this league, I don’t know who is.”

West is right.

If you’re shaking your head no, then you don’t realize how 29 other teams are trying to find their own Green right now. Name the players who can step into the Warriors’ system and do what he does right now? It’s a short list. He is at the heart of what makes Golden State so dangerous; he’s more valuable to their style than Klay Thompson.

Well, we can add one caveat — Green is top 10 if your team is playing small. If you’re just going to play him as a four next to a traditional big all the time he’s still good but not a game changer. However, Green is a game changer at the center spot and the reason that the Warriors are so feared when they go small.

What is usually discussed about Green is he’s a fierce defender who can hold his own with a big inside, make a traditional center work, get rebounds, and still switch out on a pick-and-roll and harass a quick guard. Golden State doesn’t suffer defensively when they go small — they allow 9.1 points fewer per 100 possessions when they go small than their season-long average. Green makes it happen; that’s why he was second in Defensive Player of the Year voting last season.

What often gets overlooked is how great he is as a pick-setting big when Golden State goes small. No defense has figured out the Stephen Curry/Green pick-and-roll. In part because Curry is Curry and almost indefensible. But Green can roll and finish in the lane, pop out and knock down a three, or do a half-roll to the free throw line and when the help defender closes on him he finds Andre Iguodala alone in the corner for a three (or Klay Thompson at the arc, or a slashing Harrison Barnes, you get the idea). Green is a skilled playmaker in his own right and plays with a high IQ, making the Warriors tough to defend.

In Golden State’s system, there is no doubt Green is a top 10 player.



Byron Scott believes Lakers management still supports him


Lakers coach Byron Scott has said plenty of ridiculous things lately:

Maybe Lakers fans ought to hope Scott is wrong about this, too.

Mark Medina of the Los Angeles Daily News:

Scott said he still senses support from Kupchak and Lakers executive vice president of basketball personnel Jim Buss. Scott is in the second-year of a four-year contract worth $17 million, with a team option for the final season.

“We still understand that this is a process,” Scott said. “We have a lot of young guys on this team that we feel will be very good players. But it’s not going to happen in a month. It’s going to take some time. It might take a year or two.”

The Lakers are 2-12, better than only the 76ers. Scott has allowed Kobe to hijack and cripple the offense, and the defense might be even worse. Player development is suspect, at best.

Scott does not deserve job security, let alone multiple years of it.

So, what are Mitch Kupchak and Jim Buss thinking?

There are a few possibilities:

1. Management isn’t as sold on Scott as he says they are.

2. Management is using Scott – with or without his knowledge – to tank to keep the Lakers’ top-three protected first-round pick.

3. Management is as lost as Scott appears to be.

Good luck sorting out which is the case.

Stephen Curry: “We talk about 33” wins in a row

Harrison Barnes, Stephen Curry

Golden State has a ring, and that came with accolades about them ushering in a new era, a new style of basketball in the NBA. But if they are going to have a legacy as one of the game’s legendary teams, they need more than one ring. They need more accolades and accomplishments.

Such as starting the season with a record 16-game win streak.

But what about the all-time win streak mark of 33 (set by the 1972 Lakers)? Stephen Curry says they talk about it, as reported in the San Francisco Chronicle.

“We talk about 33,” Curry said in a conference call with international reporters. “I think I’ve probably talked about it more than anybody else on the team, just because I know about the history and just really how hard it is.

“We’ve had like two 16-game winning streaks the last two years, and those are pretty special feats. For us to have to double that output, I mean we’re going to play hard and hopefully close in on that record, but it won’t be a disappointing effort if we don’t get there. Because there are so many talented teams in this league and for us to just be playing at a high level right now, that’s what we’re worried about. And if we close in and get to 29, 30 games, we’ll talk about it a little bit more.”

Considering they are not even halfway there yet, talking about this outside the locker room seems premature (much like talking about 72 wins already). The Warriors have had some less than stellar outings of late (the Brooklyn Game, for example), and they have a seven-game road trip with a couple back-to-backs coming up. There are a lot of places to trip up.

What this shows is that the Warriors have a little vanity, they have concern for their legacy.

And I love the confidence — this team is going to be disappointed when they do eventually lose. They are on a mission this season; they have not lost their hunger. Which may be the most impressive thing about their start.