Seattle SuperSonics v Denver Nuggets

Sacramento, Seattle groups make formal pitch to owners Wednesday

3 Comments

The decision on where the Kings tip off their games next season will partially be decided in a Manhattan hotel conference on Wednesday.

Groups representing both the Seattle group that has a deal to purchase the Kings with plans to move them north, and the Sacramento group looking to keep the Kings in town, are making pitches to as many as a dozen current NBA owners, the members of the combined sale and relocation committees of the Board of Governors.

The final decision on the Kings sale — if the Maloof family can sell to the Seattle group and if the team can move — will be voted on by the full Board of Governors (the NBA owners) when they meet April 18. However, the recommendations of this joint committee looking into the details will go a long way in influencing the owners on that vote.

The Seattle Group is led by hedge fund manager Chris Hansen and Microsoft CEO Steve Ballmer. They have an agreement to purchase 65 percent of the team, which is valued at $525 million, and have applied for relocation. The team would play in the Key Arena in Seattle for a few seasons while a new arena is constructed (it is in environmental review). David Stern has called this a very strong offer — a lot of money behind it, arena plans underway, a basketball-hungry market (44,000 people already pledged to buy season tickets) with great demographics, a bigger (and wealthier) media market, and a great NBA history.

But Sacramento, led by Mayor Kevin Johnson, has put together a strong counter offer. By bringing in billionaire Vivek Ranadive to go with 24-Hour Fitness owner to lead a group buying the team, and with Ron Burkle behind a deal to get a new arena done in downtown Sacramento, Johnson has put together a counter offer that they say matches the money and arena of Seattle. He also got the Sacramento City Council to agree to $258 million in investment in the arena plans (to be paid off through parking fees and other services).

Sacramento’s best card to play is simply this — other NBA owners of middle to small market teams will ask their cities for money and help getting a new arena built in the next decade, with the threat of losing the team as the leverage (something every pro sports league does). If Sacramento does everything right and still loses the team, what happens to that leverage?

Seattle’s group can say they have a sale agreement in place, that they are a strong ownership group and that the NBA brass has wanted to return to the Seattle market since the Sonics left to become the Thunder.

If you’re thinking expansion, David Stern has shot that down because a majority of owners are opposed. That idea is dead.

While we will get statements all around on Wednesday from both sides, what really matters is what leaks out of owners and that committee in the coming days and weeks leading up to the April 18 big votes. Look for this to be essentially decided before all the owners get in the same room together.

Kareem Abdul-Jabbar speaks at Democratic National Convention (VIDEO)

LOS ANGELES, CA - JUNE 06: Kareem Abdul-Jabbar speaks at the South Los Angeles Get Out The Vote Rally for Democratic presidential candidate Hillary Clinton at Leimert Park Village Plaza on June 6, 2016 in Los Angeles, California. The presidential hopeful is attending a series of campaign stops on the eve of the California presidential primary election, where polls indicate a close divide between Clinton supporters and those of Democratic rival Senator Bernie Sanders.   (Photo by David McNew/Getty Images)
2 Comments

With so much focus in recent weeks being on NBA players speaking out on social issues, it’s worth remembering that Kareem Abdul-Jabbar has been one of the most vocal athletes in America on these things for decades. The Hall of Fame and all-time leading scorer in NBA history addressed the Democratic National Convention on Thursday evening, urging voters to vote for Hillary Clinton in November, and opened his remarks by introducing himself as Michael Jordan, because “Donald Trump couldn’t tell the difference.”

You can watch the video of his speech below:

Kevin Durant denies report he told Russell Westbrook he was returning to Oklahoma City

LOS ANGELES, CA - DECEMBER 21:  Russell Westbrook #0 of the Oklahoma City Thunder and Kevin Durant #35 discuss play during the first half against the Los Angeles ClipperLos Angeles Kingsat Staples Center on December 21, 2015 in Los Angeles, California.  NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this Photograph, user is consenting to the terms and condition of the Getty Images License Agreement.  (Photo by Harry How/Getty Images)
4 Comments

In the weeks since Kevin Durant announced he was signing with the Golden State Warriors, we have yet to hear Russell Westbrook speak on his former teammate’s decision. This week, ESPN.com’s Royce Young indicated in a podcast interview that Durant was telling Westbrook and others in the days leading up to his decision that he was coming back to Oklahoma City. He later walked back his report, saying he misspoke. On Thursday, Durant himself told The Vertical‘s Shams Charania that he never said any such thing, or misled Westbrook or anyone else about his intentions.

“It’s false,” Durant told The Vertical on Thursday. “I didn’t say that – words about me telling Russell or Nick that I would stay or leave never came out of my mouth. We met as teammates, but no promises came out of it. In this day and age, I can’t control anything people claim out there. Someone can go out and say something random right now, and people will believe it.

“I never told Russell or Nick [Collison], ‘All right, guys, I’m coming back to the Thunder’ – and then a week later, I decide not to. Never happened. I don’t operate like that. I heard people say that story, but it’s not the truth.”

So that settles that.

Report: Spurs agree to two-year deal with free agent forward David Lee

DALLAS, TX - MARCH 01:  David Lee #42 of the Dallas Mavericks during the first half at American Airlines Center on March 1, 2016 in Dallas, Texas.   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.  (Photo by Ronald Martinez/Getty Images)
6 Comments

Lee will have a player option in the second year of his deal, which will be worth the veteran’s minimum.

Lee, 33, considered more lucrative deals elsewhere, but committed to the Spurs’ opportunity to win a championship and play a backup role to LaMarcus Aldridge andPau Gasol.

General manager “R.C [Buford] and coach [Gregg] Popovich put a lot of time and energy to give David a visual of how much they wanted him and would use him,” Bartelstein told The Vertical. “A lot of people talk about taking less money, and not many people do it, so the Spurs get a lot of credit for selling David on joining their organization.”

After winning a championship with the Warriors in 2015, Lee was dealt to Boston last offseason, where he fell out of the rotation quickly. He was bought out midseason and signed with the Mavericks. He was solid in Dallas, but at his age and with almost no defensive ability, he didn’t draw much interest on the market. In San Antonio, he likely won’t have a big role, but he’s a solid veteran scorer in the frontcourt off the bench in limited minutes.

Bulls sign guard Spencer Dinwiddie

CLEVELAND, OHIO - APRIL 13: Spencer Dinwiddie #8 of the Detroit Pistons in action against the Cleveland Cavaliers at Quicken Loans Arena on April 13, 2016 in Cleveland, Ohio. The Pistons defeated Cleveland 112-110 in overtime.  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. (Photo by David Maxwell/Getty Images)
3 Comments

CHICAGO (AP) The Chicago Bulls have signed guard Spencer Dinwiddie.

The Bulls acquired Dinwiddie in a trade with Detroit last month and waived him three weeks ago. He spent two years with the Pistons and appeared in 12 games last season, averaging 4.8 points and 13.3 minutes.

The Bulls announced the move Thursday.