While both the Seattle and Sacramento teams have been trying to spin events since the NBA owners met in New York last week, but they both agree on one thing:
The recommendation of the NBA’s sale and relocation committee will almost certainly hold sway over the course of the Kings’ franchise.
That committee will meet next Monday via conference call, according to multiple reports. At that time the committee will issue it’s recommendation and send that to the other owners.
Seven days after that the owners can vote on the matter (NBA bylaws call for the delay). That vote can be done by conference call or email, the owners do not have to reconvene.
The Maloofs have a deal in place to sell the Kings to a Seattle group is led by hedge fund manager Chris Hansen and Microsoft CEO Steve Ballmer. They would purchase 65 percent of the team, which is valued at $550 million (an increased offer), and have applied for relocation to take the team to Seattle. 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).
Sacramento Mayor Kevin Johnson led a charge to put together a strong counter offer led by billionaire Vivek Ranadive to go with 24-Hour Fitness owner to lead a group buying the team. Their plans also call for a new arena.
All things being equal, several owners have called this a toss-up but seem hesitant to move a team out of a market that has put in the effort Sacramento has to retain the team. The question is are all things equal with the bid? Those owners also realize that Seattle is a larger, wealthier market and that would be handy in future television negotiations.
It requires two-thirds of the owners to approve the sale, meaning just eight owners can block it.
One way or another, a good ownership group is going to lose out. David Stern has shot down any talk of expansion saying the majority of owners do not wish to further divide up the revenue pie.
Report: Celtics, Cavaliers talking Kevin Love trade; could include Knicks, ‘Melo
The Daily News has learned that the Boston Celtics and Cleveland Cavaliers have discussed a blockbuster trade centered around Kevin Love. There were very preliminary discussions about expanding the deal to include the Knicks and Anthony, who would have to waive his no-trade clause in order to facilitate a deal to the Cavs.
The Knicks would receive draft picks and players in return. One of those players is believed to be Timofey Mozgov, who five years ago was traded by the Knicks to Denver in the Anthony deal.
This is a longshot, but the report has some legs.
Here's what I'm hearing: #Knicks unlikely to move Melo but #Celtics have assets to draw NYK interest. Melo intrigued about playing w LBJ
It’s not clear how far along these talks are. The trade deadline is Feb. 18 (next Thursday) and conversations tend to move past the theoretical/value judging phase and get real come All-Star Weekend, when many GMs and decision makers are in one place (and nobody can go outside because it is too cold in Toronto). This trade works for the Cavaliers if they get a quality stretch four in return — Kelly Olynyk? — plus some depth and a quality pick. The question for the Cavs is simply how much can they get back — this is a win-now team and Love helps that, so how does a trade make them better?
Would Danny Ainge move the unprotected Brooklyn Nets pick to get Love? Jae Crowder? How much would Boston surrender to get an elite star, especially one under a reasonable, long contract?
Carmelo Anthony wants a ring, if he could end up playing with LeBron and be much closer to it than he is now, he would waive his no-trade clause.
That said, this trade sounds like a longshot. At least at the deadline. Next Summer… who knows?
Watch Kevin Hart be Kevin Hart at the NBA All-Star Celebrity Game
You knew Canadian hip-hop star Drake was going to be involved directly in the All-Star Game in a way more than just having his back-and-gold OVO owl gear sold at the Air Canada Centre. Now we know how.
Drake will introduce the NBA All-Star players Sunday.
Drake has experience with this, he has introduced the Raptors — for whom he is a “global ambassador” — before.
This works for me. However, just to be clear, Drake is going to be introducing the players and Sting will headline the halftime show Sunday. Because nothing says NBA and millennials like “Fields of Gold.”
LeBron James says he’s undecided on 2016 Rio Olympics
As you might expect, LeBron was asked about that during All-Star media day Friday in Toronto. Also, as you might expect, he dodged the question, saying he doesn’t know what he’s going to do this summer.
“Well, for me, I haven’t quite decided if I’m on the fence of going or not,” LeBron said. “But I’ve always loved representing my country. I’ve been playing in the Olympic games since 2004. So, no, I haven’t made a decision yet.”
My guess is LeBron’s body would love him to take the summer off — he’s played in five straight Finals with an Olympics in that mix — but his brand managers (and Nike) would love to see him play.
With him, the USA will win a gold medal. Without him, the USA will win the gold medal. The Americans are clear and away the best team in the world and only they can beat themselves. LeBron’s leadership can help make sure that happens, but it’s not required.
In the end, LeBron needs to do what’s required to bring a championship “to the ‘Land.” The playoffs, and how he feels after them, will likely determine where LeBron is in early August more than anything else.