Shaq buys in, he is minority owner of Sacramento Kings

14 Comments

Few players ever tormented the Kings like Shaquille O’Neal. He was the face of the Lakers in 2002 when the Kings had the second-best team in the NBA but just could not get past Shaq and Los Angeles. For years as that rivalry built, Shaq enjoyed taking some shots at Sacramento.

Now, he owns a piece of the team.

After meetings with new Kings owner Vivek Ranadive and others in the organization, Shaq — the future Hall of Fame player and current TNT analyst — has purchased a minority interest in the team, something first reported Sam Amick at the USA Today and later confirmed by the team.

His involvement will begin in earnest today, as O’Neal — who jokingly referred to himself as “Dr. O’Neal” throughout a phone interview with USA TODAY Sports — plans to meet with Kings players and coaches in Sacramento before having dinner with franchise centerpiece and new protégé DeMarcus Cousins.

“What interested me in this deal is the new vision, the new Kings, the new everything,” said O’Neal, who so famously deemed the Kings the “Queens” at the start of the 2002-03 season. “I’ve always wanted to be part of something like this. … It’s going to be great.”

Welcome to the world of business, where the old allegiances of fans get whitewashed in money. And Shaq certainly has the money.

And the Kings will take him and his dollars, especially if he can help get through to Cousins.

As we told you, Sacramento’s fans and new ownership took exception to ESPN the Magazine ranking them the worst franchise in all of sports. It’s hard to argue that under the Maloofs they may well have been the worst run franchise.

Now Sacramento wants credit for the change in ownership and focus — moves like bringing in O’Neal as an owner. It’s what Aaron Bruski suggested in his PBT piece about the Kings reaction to ESPN.

My thought: Prove it. So far you’ve made nice moves, you brought in a respected GM and new coach, you’ve continued to move forward on your new arena. Those are good baby steps, the first ones you need to take. But respectability is earned with smart moves made over a length of time and the Kings have yet to do that. They might well get there, I hope they do, but the kind of respect they want is earned not given. So earn it first.

Getting Shaq on board, that’s another nice small step in the right direction.

Report: Magic’s search firm inquiring about Larry Bird

AP Photo/Michael Conroy
Leave a comment

Larry Bird resigned as Pacers president.

Not just today, but also in 2012. A year later, he was again running a front office (Indiana’s).

Could he make an even quicker leap back into NBA team presidency – with the Magic?

Adrian Wojnarowski of Yahoo Sports:

This strikes me as more as Orlando’s search firm trying to prove its usefulness than a viable option.

Whether they’re trying to generate excitement, getting used for leverage or actually serious, the Magic keep getting linked to big-name replacements for the fired Rob HenniganDoc Rivers, David Griffin and now Bird. If the Magic are willing to pay major money for name recognition, they could get plenty of people to at least listen. But I’m unconvinced about that spending.

It’d be a little weird for Bird to inherit Frank Vogel, whom Bird fired as the Pacers’ coach. But Bird did everything he could to show that was more about seeking change than losing faith in Vogel.

Report: Larry Bird stepping down as Pacers president

AP Photo/Darron Cummings
Leave a comment

Larry Bird put his stamp on the Pacers in the last year –  firing Frank Vogel and trading for Jeff Teague and Thaddeus Young to join hand-picked Monta Ellis and Myles Turner as Paul George‘s supporting cast on an up-tempo, offensively dynamic team.

The plan fell flat.

Indiana played at a below-average pace and produced a middling offense. The Pacers got swept by the Cavaliers in the first round of the playoffs.

Now, Indiana’s uncertain future – with Paul George a year from free agency and the Lakers courting – gets even more chaotic.

Adrian Wojnarowski of Yahoo Sports:

Bird had already resigned once as Pacers president, in 2012. He returned the following year.

Bird’s patience and pain tolerance for the job due to lingering back issues from his playing days has long seemed to waver. I wouldn’t write him off for good.

Indiana promoted Kevin Pritchard in 2012, when Bird previously stepped down. Pritchard previously worked as the Trail Blazers’ general manager, and he’s a qualified replacement.

The work begins immediately with a decision on George. If he doesn’t make an All-NBA team, the Pacers won’t gain as much financial advantage in his contract offer. That could open the door to a trade and rebuilding around Turner — or making a last-ditch push to convince George he can win in Indiana.

Report: Clippers expect Chris Paul to re-sign

chris paul
Michael Reaves/Getty Images
Leave a comment

Chris Paul reportedly verbally committed months ago to re-sign with the Clippers. There have been mixed signals about Blake Griffin‘s intention to re-sign.

But they can’t formalize the deals until July, and the Clippers are now one game from another demoralizing first-round exit.

Where do they stand now?

Kevin Arnovitz of ESPN:

Sources close to the Clippers say that they expect Paul to re-sign with the Clippers. He’ll be eligible for a five-year contract in excess of $200 million. Griffin’s return is less certain, sources say. This summer is his first foray into unrestricted free agency. Given his snakebitten tenure with the team and the possibility of another early exit, the prospect of exploring what’s out there will be alluring. One premise volunteered in good humor suggests that Paul is more likely to take a slew of meetings in a public process but ultimately re-sign with the Clippers, while Griffin is more likely to mull the decision privately under the guise of night, but announce he’ll be playing elsewhere in 2017-18.

Clippers president/coach Doc Rivers has made clear his desire to re-sign Paul and Griffin, and the playoffs won’t change that. This is the right call. It’s so difficult to assemble a team this good, the Clippers shouldn’t throw it away for the sake of change. Just because the Clippers haven’t gotten the breaks in previous seasons doesn’t mean they won’t get the breaks in future seasons.

But Paul and Griffin – and J.J. Redick, who’ll also be an unrestricted free agent – will determine the franchise’s fate. If they want to leave, they’ll leave.

Can the Clippers lure them back? They apparently think they’ll keep Paul, but there’s an uncertain dynamic in L.A. that Arnovitz explores in great depth. I highly recommend reading his full piece.

Nike, Adidas, Under Armour pass on potential No. 1 pick Lonzo Ball

AP Photo/Mark J. Terrill
10 Comments

NBA teams reportedly aren’t dinging potential No. 1 pick Lonzo Ball over all the wild stuff his dad says and does.

Shoe companies are apparently taking a different approach.

Darren Rovell of ESPN:

An endorsement deal with Nike, Under Armour or Adidas is not in the cards for Lonzo Ball.

Ball’s father LaVar confirmed that the three shoe and apparel companies informed him that they were not interested in doing a deal with his son. Sources with the three companies told ESPN.com that they indeed were moving on.

In his meetings with the three, LaVar insisted that the company license his upstart Big Baller Brand from him. He also showed the companies a shoe prototype that he hoped would be Lonzo’s first shoe.

“We’ve said from the beginning, we aren’t looking for an endorsement deal,” LaVar told ESPN. “We’re looking for co-branding, a true partner. But they’re not ready for that because they’re not used to that model. But hey, the taxi industry wasn’t ready for Uber, either.”

“Just imagine how rich Tiger (Woods), Kobe (Bryant), Serena (Williams), (Michael) Jordan and LeBron (James) would have been if they dared to do their own thing,” LaVar said. “No one owned their own brand before they turned pro. We do and I have three sons so it’s that much more valuable.”

Is there more upside in this approach? Yeah, I guess.

But the traditional shoe companies bring valuable infrastructure and experience. There’s value in forfeiting upside for those resources. Lonzo Ball, who has yet to play in the NBA, is also missing out on guaranteed life-changing money.

On the risk-reward curve, this seems like a mistake.