Maloofs come up with “backup plan” to help Seattle group that also will get rejected

49 Comments

Give credit to Chris Hansen and his Seattle group — as well as the Maloof family who want to sell the Kings to them — because they have not given up.

After the NBA’s relocation committee voted unanimously to reject the idea of moving the Sacramento Kings to Seattle — essentially killing the sale of the team to the Hansen’s Seattle group — most groups would have retreated to fight another day.

This group didn’t. First Hansen’s team– which incudes Microsoft CEO Steve Balmer, who may be taking a larger role with the group — upped its valuation and bid for the team by $75 million.

Then they worked out a “backup plan” with the Maloofs, reports Brian Windhorst of ESPN.

Instead, the cash-strapped Maloofs have made a “backup” agreement with the Hansen-Ballmer group to sell it 20 percent of the team for $125 million to allow the Maloofs to continue to operate the franchise….

Sources said that new proposal also included a $115 million offer to owners as a relocation fee, which would amount to about $4 million per team. By comparison, in 2008 when the Oklahoma moved from Seattle, they paid a $30 million total fee to the other owners.

To consider these incredible new figures, the NBA relocation committee is planning to re-evaluate the Hansen-Ballmer offer and has scheduled another meeting ahead of next Tuesday’s full owners meeting in Dallas, sources said.

It’s an interesting plan… but it’s not going to work.

Well, unless the relocation committee changes its mind when it talks, but I wouldn’t bet on it. Their vote was always about what Sacramento did right in putting together a counter offer led by Silicon Valley billionaire Vivek Ranadive, professional leagues want cities that fight to keep their teams. It wasn’t about Seattle, other than they were good leverage.

The big problem with this “backup plan” is the majority of NBA owners have to approve the sale of even a minority of any team. And there is no way the owners are going to approve a sale of 20 percent of a team to a group clearly looking to move the team out of town when they have rejected that move already.

The Maloofs are under no legal obligation to sell their team to the Sacramento group. However, the family is reportedly cash strapped so they likely will have no choice eventually, especially if they can’t get a cash infusion from the Seattle group.

If you think what the Seattle group is trying will work, I think the penultimate paragraph of Windhost’s article sums up neatly why I would argue it will not.

Throughout this tedious process, the Maloofs and the Hansen-Ballmer group have worked without involving the league office and powerful NBA commissioner David Stern. Meanwhile, the Sacramento group and Mayor Kevin Johnson have worked with Stern every step of the way. That partnership seems to have helped the city and Ranadive get into favorable position with other owners.

And what David Stern wants….

Warriors hope to get Shaun Livingston, Matt Barnes back for second round

Leave a comment

OAKLAND, Calif. (AP) — The Golden State Warriors hope to get injured reserves Shaun Livingston and Matt Barnes back from injuries for the second round of the playoffs after getting more than a week off between series.

The Warriors said Saturday that Barnes has been upgraded to probable for Tuesday night’s Game 1 and Livingston remains questionable but is hopeful he will be ready to return. Star forward Kevin Durant is expected to be a full go after missing two games and being limited to 20 minutes in Game 4 last round because of a strained left calf.

Barnes has been sidelined since April 8, while Livingston sprained a finger on his right hand in Game 1 of the first-round against Portland.

Golden State begins the second round at home on Tuesday night against the winner of Sunday’s Game 7 between the Los Angeles Clippers and Utah Jazz. The Warriors have been off since sweeping the Trail Blazers last Monday, giving them more than a week between games.

“I’m trying to make sure I rest it as much as I possibly can, because when I do come back I plan on staying all the way back,” Livingston said Saturday. “Hopefully it will be ready for Tuesday.”

After taking Tuesday and Thursday off following their first-round sweep, the Warriors practiced for a second straight day Saturday. They plan to practice again on Sunday and then again Monday once they know their second-round opponent.

There is no update on the status of coach Steve Kerr, who missed the final two games of the first round because of complications from two back surgeries. Kerr talks daily with interim coach Mike Brown and took part in coaching meetings Friday but was not at practice on Saturday.

PBT Extra: Rockets vs. Spurs far more than Kawhi Leonard vs. James Harden

Leave a comment

Kawhi Leonard vs. James Harden. Two MVP candidates matching up in the second round of the NBA playoffs.

However, the San Antonio Spurs vs. Houston Rockets is much more than that.

It’s a battle of pace. It’s a chess match between two of the best coaches in the game. It’s about which team’s role players are going to step up.

I talk about all of that in this latest PBT Extra. Plus, of course, when Leonard will guard Harden.

How to start your Saturday night: Watching 15 minutes of best plays from NBA season

Leave a comment

There are no NBA playoff games Saturday night, the first night since the start of the postseason there hasn’t been one game. Don’t worry, there are two games on Sunday, including Game 7 between the Jazz and Clippers.

But if you need a Saturday night fix, this will have to do: 15 minutes of the best plays from last season, as compiled by NBA.com.

Go ahead, watch it. You’ve got nothing better to do.

 

Paul Millsap says the expected, he will “most likely” opt out of contract

Getty Images
Leave a comment

This is ranked right next to “overeating can lead to weight gain” on the list of surprising things, but we will dutifully report it anyway:

Paul Millsap is going to opt out and officially become a free agent this summer.

Atlanta’s owner as well as Mike Budenholzer, the coach and head of basketball operations, have both said they plan to do whatever it takes to re-sign Millsap with the Hawks. Millsap didn’t sound like someone eager to leave after the Hawks were eliminated from the playoffs Friday.

“It’s been great. I’m looking to expand this and see where the franchise can go. These last four years has been great. I couldn’t ask for anything more.”

Even with both sides singing Kumbaya, keeping Millsap in Atlanta likely means a five-year contract at or near the max, which for a 32-year-old player means the Hawks would regret the last year or two of that deal.

Not that the Hawks have much of a choice here, they have to come in big and keep him. For one, they can’t afford to lose Al Horford and then Millsap for nothing in back-to-back years. If they were going down the rebuilding road, they needed to trade Millsap at the deadline (or last summer) to make sure they got something in return. Atlanta explored trade options at the deadline, but then pulled back (rumored to be because of an edict from ownership, which didn’t want to see the team blown up after the Kyle Korver trade).

By not making that trade the Hawks signaled their intention to remain a good team — a 43-win team this season that got them the five seed — with Dennis Schroder and Dwight Howard, one that draws well at an arena that historically has not been that full, and see if they can add on. They strike me as a team that will win between 42-50 games a year and be middle of the pack in the East for the next few years, unless they can find a way to add an elite player (which is incredibly difficult).

But if the Hawks can’t re-sign Millsap, then the plan gets blown up. So expect them to come in with a big offer come July 1.