New potential owner for Kings takes lead in Sacramento group

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A few weeks back, David Stern was clear in saying that the Sacramento group had to sweeten its offer to buy the Kings if they wanted to stay in contention with the Seattle bid. It’s a negotiation, that statement didn’t catch the leaders in Sacramento off guard.

The question was what were they going to do about it?

How about bring in another billionaire to take the lead of the group? That is what has happened, reports the very connected Sam Amick at the USA Today.

Vivek Ranadive, founder of the $4 billion software company, Tibco, and a minority owner of the Golden State Warriors, has agreed to take a lead role in the group that was previously led by 24-Hour Fitness founder, Mark Mastrov, according to a person with knowledge of the move. The person spoke to USA TODAY Sports on the condition of anonymity because the agreement had not yet been announced.

Mastrov and supermarket mogul/part owner of the Pittsburgh Penguins Ron Burkle are still major players in both the bid for the team and the downtown arena effort that was expected to be revealed by way of a term sheet on Thursday, but Ranadive agreed to take part recently after pushing for a more significant say in personnel matters.

This certainly adds deeper pockets to the Sacramento bid. What it will mean to the other NBA owners remains to be seen, but likely it only helps the Sacramento side. Ranadive is not an NBA outsider but a minority owner of the Warriors (he would have to sell that share if the sale is approved).

The Maloof family has agreed to sell the Kings to a Seattle-based group that plans to move the Kings up to the city that lost the Sonics. That group is led by venture capitalist Chris Hansen and Microsoft CEO Steve Ballmer, and they valued the franchise at $525 million and have an agreement to buy 65 percent of it. They also have plans for a new arena moving forward, currently in the environmental review phase.

Both the sale and relocation would need to be approved by the other owners and NBA Commissioner David Stern has put the two votes on a parallel track. It requires a three-quarters vote of the other 29 owners to approve the sale — meaning Sacramento Mayor Kevin Johnson and his group need to sway eight other owners to their side to block the sale. If that sale is blocked, the Maloof family would in turn sell to the Sacramento group and the team would stay put.

If the sale is approved it only requires a majority vote of the owners to approve the relocation. Meaning if the owners approve the sale to the Seattle group they will approve the relocation.

There is a whole lot more complexity to this sale — a city loan to the Kings to the Maloofs, a current Kings minority owner trying to make another bid, thoughts about precedent the sale could have on future owners’ sales, all the way to discussions of television market size and per capita income — that we have discussed in detail multiple times at PBT. Right now NBA ownership committees are doing their research on the sale and relocation, and how all that impacts the league. Those committees will meet April 3 — where Johnson and the Sacramento group will make a pitch to the committees for sure.

In the end, the owners will vote at meetings in New York April 18-19, but right now is when the lobbying behind-the-scenes is taking place. And the Sacramento bid likely just got better.

Rumor: Young Bulls ‘can’t stand’ Dwyane Wade

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After a loss last January, Dwyane Wade (in conjunction with since-traded Jimmy Butler) lashed out at his Bulls teammates for not caring enough. Those younger players didn’t receive the message gratefully, questioning why Wade didn’t practice more.

The simple answer: Wade is 35, and he and his team are better served if he saves himself for games. But Wade also should have known his schedule left him ill-suited to criticize harder-working teammates.

The whole saga exposed the inherent tension that occurs when an accomplished veteran with declining skills is thrust into a leadership position on a mediocre team.

Consider that backdrop as Wade and Chicago dance around a buyout.

Nick Friedell on ESPN discussing Wade getting bought out:

This is inevitable. It’s coming. It’s a matter of when, not if.

But right now, guys, it’s just kind of a staring contest. Everybody’s looking at each other saying, “OK, how much money are you willing to give up?”

And Gar Forman, the Bulls’ GM, at summer league, said, “Oh, we’re not having conversations.” I don’t think that’s the case. I think Dwyane’s agents and the Bulls are wanting to get this thing done.

But I’d really be surprised if it happened before the season. I still think it’s more likely that it’ll happen probably somewhere in December or January.

But this is a divorce that’s going to happen. It’s just going to take some time.

The young players on the Bulls really can’t stand Dwyane, and it’s the little secret in Chicago. They have had enough.

Wade’s January criticism was reportedly particularly directed at Nikola Mirotic and Michael Carter-Williams, neither of whom are on the roster. (Mirotic, a restricted free agent, will likely return.) Even if Wade’s comments cast a wider net, Jerian Grant, Paul Zipser, Denzel Valentine, Bobby Portis and Cristiano Felicio are the only young players still on the team from that time. None of those players deserve much influence in how the franchise operates.

Still, no matter what the young players want, it’s clear Wade no longer fits on a rebuilding Chicago. They might get their wish.

Wade is set to earn $23.8 million in the final season of an expiring contract. That salary could prove useful in a bigger trade.

If bought out, Wade would count as dead money against Chicago’s cap at his buyout amount. They Bulls should obviously be amenable if he sacrifices enough, but a small discount doesn’t justify locking into that money rather than having a trade chip available.

If Chicago is deep into the cellar as expected after the trade deadline, a buyout would be completely logical then. Maybe the Bulls even assess the trade market sooner and conclude Wade’s huge expiring contract won’t facilitate a trade.

It’s easy to see a buyout happening eventually. In the meantime, Wade and his younger teammates will just have to get along. I trust Wade’s professionalism to make this situation at least tenable, but Fred Hoiberg might have his hands full building cooperation with all the people involved.

Spurs sign undrafted former Virginia guard London Perrantes

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SAN ANTONIO (AP) The San Antonio Spurs have signed guard London Perrantes.

Michael Scott of Basketball Insiders:

The 22-year-old Perrantes wasn’t drafted out of Virginia this year but made summer league appearances for the Miami Heat in Las Vegas and Orlando.

The 6-foot-2 guard averaged 10 points, 5 assists, 2 rebounds and 1.5 steals in the MGM Resorts Summer League. He averaged 11.3 points, 4.8 assists, 3.8 rebounds and 1.3 steals in Orlando summer league action.

Perrantes set school career records at Virginia with 138 games and 4,425 minutes. He averaged 12.7 points, 3.8 assists and 3 rebounds during his senior season. He made 40.9 percent of his career 3-point attempts (211 of 516).

 

Danny Ainge: Isaiah Thomas’ hip played ‘some’ role in Kyrie Irving trade

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The Celtics gave up so much for Kyrie Irving, questions immediately emerged about the assets traded to Cleveland:

Are we all underrating the Nets, whose 2018 first-round pick Boston sent to Cleveland? Were Isaiah Thomas and Jae Crowder just products of Brad Stevens’ system? And is Thomas damaged goods?

Thomas will enter free agency next summer as a 29-year-old 5-foot-9 point guard seeking a max contract. That’s undoubtedly a concern.

But Cleveland is in win-now mode, as LeBron James can opt out of his contract next summer. As long Thomas maintains his star production between now and then, even if his next contract presents complications, the Cavaliers should be happy.

But a hip injury leaves uncertainty into how Thomas finishes this contract.

A. Sherrod Blakely of CSN New England:

Ainge, via Blakely:

“There’s probably a little bit of delay for Isaiah to start this year,” Ainge said in a conference call with reporters following the trade becoming official Tuesday night.

Adrian Wojnarowski of ESPN:

The Cavs are building for June, not October. A short delay in Thomas’ return is no big deal – as long as he fully recovers and isn’t at greater risk of future injury.

Those are big assumptions for someone in his position. His physical will be huge.

Clippers make changes, but progress?

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NBCSports.com’s Dan Feldman is grading every team’s offseason based on where the team stands now relative to its position entering the offseason. A ‘C’ means a team is in similar standing, with notches up or down from there.

Chris Paul is fantastic, the best point guard between Magic Johnson and Stephen Curry.

Paul’s departure might also help the Clippers – in the short- and long-term.

The same unrelenting unacceptance of anything less than perfection that drives Paul to personal greatness can also grate those around him. J.J. Redick spoke openly of a loss of joy. After six seasons together, Paul’s message might have worn especially thin on Blake Griffin and DeAndre Jordan. This could be a breath of fresh air in the locker room.

L.A’s return in the trade with the Rockets – Patrick Beverley, Lou Williams, Sam Dekker, Montrezl Harrell and a first-round pick – certainly softens the blow. That’s 1.5 starting-caliber players, 3.5 rotation-caliber players and a first-rounder – a very nice return if Paul were leaving anyway.

Long-term, it’s easy to see how committing $201 million over five years to a 32-year-old could backfire. The Clippers reportedly balked at that five-year max offer, but even the four-year max would’ve meant paying Paul $43 million at age 35.

There was a fine case for the Clippers to get younger and leaner (and happier) without Paul. Maybe they could’ve even ridden their Paul-built prestige, unprecedented in franchise history, and the L.A. market to chase the biggest free agents in the next couple years.

Except they didn’t do that.

The Clippers fell right back into win-now mode with risky bets.

They re-signed Griffin to a five-year max contract worth more than $171 million. They signed-and-traded for Danilo Gallinari, guaranteeing the forward nearly $65 million over three years and flipping the Houston first-rounder (while also shedding the overpaid Jamal Crawford).

Griffin, Gallinari and Beverley – the centerpiece of the Paul trade – are all nice players. But they all also carry significant injury risk. The 28-year-old Griffin has missed 83 games the last three years. The 29-year-old Gallinari has missed 203 games the last seven years, and he already hurt his thumb punching an opponent while playing for Italy. The 29-year-old Beverley has missed 78 games the last four years.

Injuries could derail any season with that trio leading the team, and whether the Clippers can shift courses anytime soon is out of their control. They have more than $49 million tied to player options for DeAndre Jordan ($24,119,025), Austin Rivers ($12.65 million), Milos Teodosic ($6.3 million) and Wesley Johnson ($6,134,520) next summer .

Even just the likeliest of those four, Austin Rivers, opting in would leave L.A. without max cap space. I’d also bet on Johnson, who has fallen into Doc Rivers’ doghouse, opting in.

Will the Clippers want Jordan and Teodosic to opt in or out? Those are mysteries – a particularly high-stakes one with Jordan, a premier center who will turn 30 next year.

Jordan’s situation will be especially tricky given Griffin and Gallinari. Griffin might be best at center, and Gallinari is certainly optimized at power forward. Does Jordan add more talent or create more of a logjam on this team?

At this point, I would’ve rather just maxed out Paul and Griffin for five years and hoped the franchises problems stemmed from bad luck. Foolproof? Hardly, especially because even if luck were the culprit, the people involved believing otherwise could’ve had lasting destructive effects on their mindsets.

It’s also worth noting that the Clippers didn’t necessarily have that choice. Paul might have left for James Harden and the Rockets even with a five-year max offer from L.A.. Re-signing Paul could’ve also pushed out Griffin.

There’s no choice but to grade the Clippers moves with some guesses at the counterfactual.

At least they clearly did well on some smaller moves.

Teodosic, who starred in Europe, is an intriguing 30-year-old rookie. Willie Reed appeared to be nice value at the minimum, but a domestic-violence charge is concerning. Kudos to owner Steve Ballmer for spending to acquire second-rounders Jawun Evans and Sindarius Thornwell.

Still, all these smaller additions must be weight against the smaller departures: Redick, Luc Mbah a Moute, Marreese Speights, Raymond Felton and Crawford. Those are several contributors heading out the door.

One key person staying? Coach Doc Rivers, who was stripped of his presidency after a lousy front-office tenure.

But how much did the Clippers really learn from the Rivers era? They put Lawrence Frank, another coach with no front-office experience before arriving in L.A., in charge of roster construction.

At least Frank can focus on only one job, not the two Rivers was handling. And Jerry West, Michael Winger and Trent Redden will provide a depth of front-office expertise this franchise was sorely lacking.

With lots of new faces and titles, the Clippers are in a more captivating place – but one that doesn’t look substantively different enough to be preferable to their old place.

Offseason grade: C-