Kings Sale Basketball

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

33 Comments

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.

Gordon Hayward scores 30 points as Jazz beat Wizards 102-92

hayward
Getty
Leave a comment

WASHINGTON (AP) Gordon Hayward scored 30 points, Rudy Gobert added 15 points and 20 rebounds, and the Utah Jazz beat the Washington Wizards 102-92 on Sunday for their third straight victory.

Northwest Division-leading Utah led by as many as 24 points before Washington got within six with just over 2 minutes left. Hayward hit a pair of jumpers to seal the win.

George Hill added 21 points for Utah.

Washington, the Southeast Division leader, has lost two in a row for the first time since early January. John Wall led the Wizards with 23 points and 11 assists. Bradley Beal, who was scoreless in the first half, added 22 points.

Utah converted 23 of 32 free throws, while Washington made 10 of 13. The Jazz outrebounded the Wizards 52-27.

Utah led 49-39 at halftime and opened a 62-43 lead with 6:48 left in the third quarter on Derrick Favors‘ dunk off a feed from Gobert, necessitating Wizards coach Scott Brooks’ second timeout of the quarter.

Consecutive 3-pointers by Hill soon increased the lead to 24.

Bojan Bogdanovic‘s 33-footer capped a 14-3 Wizards run to end the quarter and Utah’s lead was 73-60 to start the fourth.

Washington trailed by 16 when Wall hit a 3 and Beal followed with five quick points to make it 93-85 with 3:11 remaining. Bogdanovic’s two free throws cut the deficit to six at the 2:01 mark, but Hayward sandwiched a 3-pointer and a long 2 around a Washington turnover to stall the rally.

The Jazz shot 50 percent from the field and hit 13 of 18 free throws in the first half to build a 10-point lead.

The margin could have been bigger but Utah turned the ball over 14 times, leading to 15 Washington points. The Wizards shot 36.7 percent (18 of 49) and made their only free throw attempt.

After scoring 40 points in his previous game, Beal went to the bench with 5:08 left in the first half with three fouls and no points.

TIP-INS:

Jazz: Gobert was fined $25,000 for making physical contact with an official in the third quarter of Utah’s 109-95 victory over the Milwaukee Bucks on Friday. . Rodney Hood, who had three points Friday night in his return after missing seven games with a bone contusion in his knee, had nine points in the first quarter. . It was Utah’s first win in Washington since Nov. 17, 2012.

Wizards: The 39 points were the team’s lowest first-half total of the season. . Washington had reached 100 points in 23 straight games. . It was Wall’s 37th double-double of the season. . Bogdanovic, in his second game with Washington, scored 15 points. . Washington last lost two in a row on Jan. 2-3 in back-to-back road games at Houston and Dallas.

UP NEXT

Jazz: Travel to Oklahoma City on Tuesday for the finale of a three-game road trip.

Wizards: Host the Warriors on Tuesday night.

Kawhi Leonard scores 25, leads Spurs to 119-98 rout of Lakers

SAN ANTONIO,TX - MAY 2: Kawhi Leonard #2 of the San Antonio Spurs reacts after a defensive stop against the Oklahoma City Thunder during game Two of the Western Conference Semifinals for the 2016 NBA Playoffs at AT&T Center on May 2, 2016 in San Antonio, 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 Cortes/Getty Images)
Getty
Leave a comment

LOS ANGELES (AP) Kawhi Leonard scored 25 points and the San Antonio Spurs routed the Lakers 119-98 on Sunday in Los Angeles’ first home game since Magic Johnson took over the franchise’s basketball operations.

LaMarcus Aldridge had 16 points for the Spurs, who have won four straight and nine of 11.

Pau Gasol added 15 points against his former team, and the Southwest Division leaders had little trouble with the Lakers, who have lost four straight and 15 of 19.

Five days after owner Jeanie Buss put Johnson in charge of basketball operations, the Lakers’ dismal season still hasn’t changed much, although new Lakers acquisitions Corey Brewer and Tyler Ennis got limited playing time.

Rookie Brandon Ingram scored a season-high 22 points as the Lakers fell to 19-41, ensuring their fourth consecutive non-winning season.

One more defeat will clinch the Lakers’ longest stretch of losing seasons since 1961, the former Minneapolis Lakers’ first year on the West Coast.

Jordan Clarkson scored 19 points and D'Angelo Russell had 18 for the Lakers, who have lost their first two games since Buss dismissed general manager Mitch Kupchak and her brother, Jim.

Johnson made no pregame speech to the Staples Center fans who have watched the worst four years in franchise history. Jeanie Buss watched the game from her usual spot in the second row, while Kupchak’s normal seats were empty.

SPURRED ON

The Spurs have won eight straight over the Lakers, surpassing their 2004-06 run for their longest winning streak in the series between these longtime Western Conference rivals. San Antonio also has beaten the Lakers seven straight times at Staples Center.

Leonard, who grew up 60 miles east of Staples Center in Moreno Valley, scored 19 points in the first half while the Spurs streaked to a 21-point lead.

AFTER LOU

In the Lakers’ first home game since trading leading scorer Lou Williams to Houston for a draft pick, Clarkson excelled off the bench in Williams’ usual spot as the second unit’s offensive fuel. Brewer scored five points in his first home game, while Ennis played eight minutes and hit a late 3-pointer in his Lakers debut.

TIP-INS

Spurs: Gasol played 20 minutes in his second game back from a 15-game absence with a broken left hand. Gasol, who won two NBA titles in Los Angeles, got a warm ovation from Lakers fans. … USC product Dewayne Dedmon had 11 points and nine rebounds. The Spurs’ unlikely starting big man is another product of LA’s far-flung suburbs, growing up in Lancaster.

Lakers: Kareem Abdul-Jabbar received a standing ovation at halftime when the Lakers honored him for his social activism. … The game was just the Lakers’ second home game in February and their third home game in five weeks. After playing eight of their previous 10 on the road, they began a four-game homestand.

UP NEXT

Spurs: Host Pacers on Wednesday.

Lakers: Host Hornets on Tuesday.

Giannis Antetokounmpo scores 28, Bucks beat Suns 100-96

Giannis Antetokounmpo
AP
Leave a comment

MILWAUKEE (AP) Giannis Antetokounmpo scored 28 points, Tony Snell made a clinching 3-pointer from the corner in the closing seconds and the Milwaukee Bucks held off the Phoenix Suns, 100-96 on Sunday.

Michael Beasley added 17 points and Malcolm Brogdon had 15 as the Bucks swept the two-game season series with the Suns. Greg Monroe finished with 14 points and Snell had 13.

TJ Warren led the Suns with 23 points. Alan Williams scored a career-high 17 points and tied his season high with 15 rebounds, while Devin Booker added 15 points and Eric Bledsoe had 11.

Clinging to a one-point lead, the Bucks came out of timeout with Monroe inbounding the ball to Antetokounmpo. He dribbled the clock down before passing to Brogdon, who whipped the ball to Snell in the corner. Snell hit a 3 with a defender flying at him.

Watch Pistons C Andre Drummond blow a fancy breakaway dunk (VIDEO)

Leave a comment

Andre Drummond had a breakaway on Sunday against the Boston Celtics. Fans in Detroit should have been in for a treat from their franchise center — a former NBA Dunk Contest participant — but instead they got something worth of Shaqtin’ A Fool.

Unfortunately for Drummond, the result of the one man fastbreak was a blown dunk, a ball that went sky high, and a sheepish look from the Pistons center.

Bummer.