Kings Sale Basketball

Seattle ups bid $75 million in last ditched attempt to buy Kings

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What NBA commissioner David Stern has said from the start is that he did not want a pure bidding war for the Sacramento Kings. In part because that puts more money in the pockets of the Maloof family, and who wants that?

But after losing out when the NBA’s relocation committee unanimously recommended against the move of the Kings, essentially killing the sale to his Seattle based group — instead essentially favoring a matching bid from Sacramento — Seattle’s Chris Hansen essentially has turned to a bidding war.

The Seattle group upped its valuation of the team by $75 million to $625 million total, Hansen announced on sonicsarena.com (first reported by Chris Daniels at King5.com). That would up their out of pocket money (they are buying 65 percent of the team) by about $49 million.

“In an effort to further demonstrate the extent of our commitment to bring basketball back to Seattle, we have elected to voluntarily increase our proposed purchase price for the Sacramento Kings NBA Franchise by $75 million — from an enterprise value of $550 million to $625 million,” Hansen wrote. “In conjunction with our revised offer, we have also guaranteed to the NBA that the Franchise would be a revenue sharing payer in all years in Seattle.”

We’ll see, but I doubt it matters — what owners have said about the decision (and before) that this was not about Seattle’s offer being bad so much as Sacramento rallying like pro sports leagues want their cities to do to save a team.

Our man on the ground on this issue, Aaron Bruski, is hearing the same thing.

Sacramento officials don’t seem too concerned.

“We feel very confident about the position we are in right now,” Sacramento Mayor Kevin Johnson said in a released statement. “The NBA leadership and owners have always said that their decision would not be dictated by a bidding war. This was always about whether Sacramento, a community that has supported the NBA for 28 years, can put together a plan and organization to ensure the franchise can rebuild and thrive. The ownership group, the city, and the community have shown the NBA, without any shred of doubt, that the Sacramento Kings belong in Sacramento. I believe the NBA owners realize that there is far more to think about than just an increased bid.”

This feels more like Hansen is just making a backcourt heave at the buzzer. That said, it could put pressure on the league in regards to an expansion team, it also could help if he decides to go to court on anti-trust grounds.

Months ago the Maloofs had struck a deal to sell the team to a Seattle group led by venture capitalist Hansen and Microsoft CEO Steve Ballmer. From Stern on down the league had called this a good offer that included a new stadium and more.

However, rallied by Mayor Kevin Johnson in Sacramento, that city put together a counter-offer that was led by their own billionaire — Vivek Ranadive, a Silicon Valley guy who is a minority owner of the Warriors — and they had plans for a new stadium as well.

As several owners said off the record — and some now-deleted twitter DMs from Heat owner Micky Arison explained — the owners backed Sacramento because the incumbent had rallied to put together a public-private partnership that is the kind of thing the league wants to see. It was really not about Seattle losing so much as Sacramento winning.

Although Hansen and Seattle still felt like they lost — and like they were used as leverage to force a better deal out of another city.

So they upped the offer to put more pressure on the deal. We’ll see if it matters, but you know how often backcourt shots at the buzzer fall.

Every 8-24 will be Kobe Bryant Day

LOS ANGELES, CA - APRIL 13:  Kobe Bryant #24 of the Los Angeles Lakers waves to the crowd as he is taken out of the game after scoring 60 points against the Utah Jazz at Staples Center on April 13, 2016 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 conditions of the Getty Images License Agreement.  (Photo by Sean M. Haffey/Getty Images)
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Los Angeles announced today, August 24, 2016 would be Kobe Bryant Day – presumably because he wore Nos. 8 and 24 with the Lakers, not because 8-24 feels like a common shooting night for him.

But that press release understated the honor.

Ramona Shelburne of ESPN:

Kobe had a great career, and he’s beloved in Los Angeles. Honoring him with a day is a nice gesture.

But as the luster of his retirement tour dims, this will seem overreaching if it’s not just forgotten. The latter is far more likely, but when it’s remembered, Kobe Bryant Day will mostly lead to questions: Why not an annual Magic Johnson Day? Why not an annual Sandy Koufax Day? Why not an annual…

Report: Raptors signing E.J. Singler

INDIANAPOLIS, IN - MARCH 29:  E.J. Singler #25 of the Oregon Ducks drives in the second half against Chane Behanan #21 of the Louisville Cardinals during the Midwest Region Semifinal round of the 2013 NCAA Men's Basketball Tournament at Lucas Oil Stadium on March 29, 2013 in Indianapolis, Indiana.  (Photo by Andy Lyons/Getty Images)
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Ready for another Singler in the NBA?

Thunder forward Kyle Singler‘s brother, E.J. Singler, is headed to the Raptors.

Blake Murphy of Raptors Republic:

Toronto as 14 players – one shy of the regular-season roster limit – with guaranteed salaries. Singler will join Fred VanVleet, Jarrod Uthoff, Yanick Moreira and Drew Crawford in a crowded race for the 15th spot.

VanVleet has a leg up, because third-string point guard Delon Wright will miss the start of the season. I also like Uthoff more as a long-term prospect in a vacuum than the other players.

Singler’s advantage? His experience. He’s older than his four competitors, including VanVleet and and Uthoff, who went undrafted out of Wichita State and Iowa this year.

Singler went undrafted out of Oregon in 2013. He has since played overseas and in the D-League, including with the Raptors’ affiliate last season. The 6-foot-6 forward has a nice shooting stroke, but his subpar athleticism limits him all around.

I expect Singler to get a partial guarantee designed to entice to stay in the D-League, where the Raptors 905 still hold his rights, rather than go overseas if he doesn’t make Toronto’s regular-season roster. But first, he’ll have a chance to earn an NBA roster spot in what appears to be a fairly open race.

Brandon Armstrong impersonates Stephen Curry and Klay Thompson (video)

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It’s been a while since we featured a Brandon Armstrong video, but they’re always fun – this ode to Stephen Curry and Klay Thompson no exception.

Jamal Crawford reportedly faced death threats over losses while gambling with Michael Jordan

1 Feb 2001:  Jamal Crawford #1 of the Chicago Bulls watches the action during the game against the Seattle SuperSonics at Key Arena in Seattle, Washington. The Sonics defeated the Bulls 97-91.  NOTE TO USER: It is expressly understood that the only rights Allsport are offering to license in this Photograph are one-time, non-exclusive editorial rights. No advertising or commercial uses of any kind may be made of Allsport photos. User acknowledges that it is aware that Allsport is an editorial sports agency and that NO RELEASES OF ANY TYPE ARE OBTAINED from the subjects contained in the photographs.Mandatory Credit: Otto Greule Jr.  /Allsport
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Michael Jordan helped propel Jamal Crawford‘s NBA career – one that has already lasted 16 seasons and resulted in more than $120 million in earnings and three Sixth Man of the Year awards.

Jordan also fostered an environment where Crawford could’ve derailed it.

Crawford was drafted for the Bulls in 2000, when Jordan was contemplating a comeback he’d eventually make with the Wizards. In preparation, Jordan frequently invited Crawford to play pickup basketball with him.

Mike Wise of The Undefeated:

In between Crawford’s first and second year in the league, after the pickup games at Hoops the Gym, many of Jordan’s friends and associates would go next door to his contemporary American restaurant, One Sixtyblue. After hours, games of chance were set up – Vegas-style card tables, a separate corner for shooting dice.

Two participants, on condition of anonymity, recounted one particular night when Jordan and Antoine Walker were among the card players and Crawford and Ray Allen were among the players shooting dice.

Over what is believed to be a two-day span, he said, he lost in the neighborhood of $100,000. A person with intimate knowledge of the game claims Crawford lost several hundred thousand and Allen lost even more. And that, days after the dice game, a call was placed to Goodwin, Crawford’s agent, to inform him that Crawford had not yet squared his debt with one professional gambler.

“OK,” Goodwin said, according to the person with intimate knowledge of the game. “What does he owe? Jamal is good for it.”

“No, you don’t understand,” the go-between said. “If he doesn’t pay now, these guys will kill Jamal.”

“Kill Jamal?!! He’s an NBA player. He gets paid as soon as the season starts. Give me the dude’s number.”

The person with knowledge of the game said Goodwin called the man Crawford owed money, set up a payment plan and resolved the issue without incident.

Crawford swore he didn’t lose that kind of money, and said he never heard the story about his life being threatened. But he doesn’t deny he got in way over his head, which led to a particularly humiliating moment.

The life of an NBA player remains more wild than we’ll ever know.