Report: Deal struck to sell Kings to Sacramento group

22 Comments

Just more than 24 hours after the NBA rejected a plan to move the Sacramento Kings to Seattle — essentially killing a sale of the team to a Seattle group — the Maloof family has reached a deal to sell the Kings to a Sacramento group that had put a counter offer before the league.

The deal was expected to be reached quickly and it is now done, reports the Sacramento Bee.

A Sacramento investors group has reached a deal with the Maloof family to buy the Kings for an NBA record valuation of $535 million, a source has told The Sacramento Bee.

That translates to a price of $347 million for the 65 percent of the team controlled by the Maloofs. The agreement, reached today, is expected to be announced sometime Friday. If the NBA approves the deal, escrow is expected to close at the end of May.

The Sacramento group was put together by the city’s Mayor Kevin Johnson and is led by billionaire Vivek Ranadive. The group has already purchased land and has plans for a new stadium in downtown Sacramento.

This is the culmination of a big win for Sacramento and a sticky mess for the NBA. The Maloof family had exhausted the good will they had built up in Sacramento in recent years and had almost single handedly killed a couple arena proposals to help keep the Kings in town. The family said the team was not for sale, until it was leaked the family had an agreement to sell the team to a Seattle group led by Chris Hansen.

That was a strong ownership group and offer from Seattle. Sacramento Mayor Johnson went to David Stern and basically asked, “What do I have to do to keep the team?” Stern laid out a long list that seemed hard to reach — put together a strong ownership group that could match the offer, come up with an arena plan and buy the land for it, and more. Credit Johnson and Sacramento, they got it done. And with that Seattle was on the outside because the advantage always belonged to the incumbent, even though that’s not what the investors and people of Seattle were sold.

But this is a day for celebrating in Sacramento — they get to keep their team. They get new owners that will help give them some direction on the court (we hope).

Ettore Messina to coach Spurs in Game 3 following death of Gregg Popovich’s wife

AP Photo/Eric Gay
Leave a comment

Spurs coach Gregg Popovich’s wife, Erin, died yesterday.

That sad news was felt throughout the NBA, and it obviously affects San Antonio most closely. That includes for tonight’s Game 3 against the Warriors.

Jeff McDonald of the San Antonio Express-News:

Ettore Messina was a longtime head coach in Europe. The Spurs lead assistant also took over for a few regular-season games Popovich missed. So, making – rather than advising – coaching decisions won’t be a brand new challenge to Messina.

But down 2-0 to defending-champion Golden State is a tough place to make an NBA playoff debut.

On the bright side, there will be no pressure. Not only has San Antonio been outclassed the first two games of the series, focus is rightly on the Popovich family. A win would be a pleasant surprise and help Messina – who’s up for the Hornets job – in his pursuit of a head-coaching position. A loss would be quickly forgotten with more important matters at hand.

To that end, hopefully the time away allows Popovich the space he needs to grieve. That matters far more than a basketball game.

Report: Knicks to interview Kenny Smith for head-coaching job

Stephen Lovekin/Getty Images
2 Comments

The Knicks are casting a wide net in their coaching search.

It’ll apparently include a familiar, though surprising, name.

ESPN:

TNT analyst Kenny Smith will interview for the New York Knicks’ head-coaching job on Friday, a source told ESPN’s Stephen A. Smith.

A quality organization, the Rockets, interviewed Smith (in 2016, before hiring Mike D’Antoni). So, this isn’t proof of the Knicks’ oddball thinking. (There are plenty of better examples, if you wish).

Steve Kerr opened the door for former players to go straight from TV to being an NBA head coach without having any coaching experience. He’s been a smash hit with the Warriors.

But Kerr was also the Suns’ general manager before Golden State hired him. Smith has no front-office experience.

So, it’s tough to judge Smith, whose role on television is more to entertain than inform (though he does both). He’ll have to really wow in his interview to get the job.

But at least he has that opportunity.

Pacers coach Nate McMillan slips and falls while arguing call (video)

Leave a comment

Nate McMillan slipped up in his handling of Victor Oladipo‘s early fouls during the Pacers’ Game 2 loss to the Cavaliers last night.

Then, the Indiana coach literally slipped while arguing that LeBron James should have been called for offensively fouling Lance Stephenson.

LeBron James: Reporter warned me about question on Gregg Popovich’s wife before live TV interview

5 Comments

In her on-court interview with LeBron James following the Cavaliers’ Game 2 win over the Pacers last night, TNT sideline reporter Allie LaForce asked him about the death of Gregg Popovich’s wife.

LeBron appeared emotional as he gathered his thoughts.

That prompted some to criticize LaForce for ambushing LeBron on a sensitive subject on live TV. But that’s not what happened.

Uninterrupted:

LeBron:

I’m not on social media right now, but I was made aware through some friends through texts that a question was asked to me postgame, and a lot of people feel I was blindsided. That is absolutely false. Allie LaForce told me that she was going to ask the question and if it was OK.

And once I started talking about it, once we were on air, actually my emotions kind of took over. And that was just my emotions coming straight from my heart about the late Erin Popovich.

It’s unfortunate. It’s a tragic loss. My thoughts, my prayers, once again goes out to the Popovich family, to Gregg, to the Spurs family, to the whole Spurs fan base.

And also guys, please get off Allie LaForce’ back, because she followed the proper protocol and she warned me. So, get off her back, man. She’s very professional, and she does a great job at her work.

Like I said, thoughts and prayers to the heavens above. We all know the man above never makes mistakes, even when we question it. But it’s a sad, tragic time right now for the NBA family, and we’re all praying and hoping for the best.

It would have been surprising if LaForce hadn’t done that. Somewhere between nearly nobody and absolutely nobody in her position is trying to embarrass players.