Bucks owner Herb Kohl seeking new investors to keep the team in Milwaukee

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Bucks fans will spend the next 2-3 years looking over their shoulders at Seattle, and that’s because they’re in jeopardy of losing their basketball team should owner Herb Kohl fail at securing a new NBA-approved arena.

For small and mid-markets, having a state-of-the-art arena to maximize revenues is a requirement and any city that isn’t willing to make that type of commitment to the NBA will be threatened by 5-10 other cities that are dying to get into the game. It’s simple supply and demand.

Kohl, the former Democratic senator who is 78, is reportedly looking for other investors to join him in his attempt to keep the team in Milwaukee.

With a net worth that’s better described with an ‘M’ for millions rather than a ‘B’ for the billionaire owners that the NBA is attracting these days, it’s understandable why Kohl needs to deepen the pockets and broaden the influence of his group.

First and foremost he needs to deliver on an arena, and having more investors will help that along in many ways. But just as important to Milwaukee will be the overall value proposition this ownership group will have to the NBA, whether Kohl wants to continue as owner of the Bucks or not. That’s because if there ever comes a time when their arena plans are in doubt, it will be this group that gets measured against Seattle and any other city that wants to get into the game.

The NBA, whether being led by Adam Silver or David Stern, does not like to relocate franchises. In this day and age of information, the damage that relocation can do their brand is much greater than it was when Seattle’s elected officials told the NBA to go kick rocks and thus Sonicsgate was born.

At the same time, the NBA has found a sweet spot in its public subsidy pitch, which has been the target of many economists’ ire over the last 30 years when suburban arenas were all the rage. Economists have maintained that arenas don’t increase local spending because of things like the substitution effect, which simply stated means that people spend money at the game but stop spending their limited funds everywhere else. In essence, they contend, there is no overall gain.

However, economists have recently found themselves at an impasse on the issue with even the most ardent oppositionists still researching newer findings, in an area of study that isn’t exactly brimming with ongoing research.

The new revelations highlight the difference between suburban arenas and what city planners call ‘high density civic attractions,’ which are more likely to be sought after in the small-to-mid market cities that are most susceptible to relocation.  Instead of driving to a suburban arena, watching the game, and then leaving – a downtown arena can attract people for longer visits, attract all-important out-of-town dollars, and encourage use of mass transit.

In terms of increasing land value, a properly developed downtown arena district can increase surrounding land value by “hundreds of millions of dollars” according to a recent study by lead opposition subsidy voice Brad Humphreys. Arguments move into the both the micro- and mundane-levels from there, but an increase in land value around these downtown arenas stands on its face – it’s valuable for a reason.

The NBA has the cachet as an anchor tenant to bring in the private investment needed to make these downtown revitalization projects pencil out, particularly as public redevelopment dollars have dried up around the country.

With the NBA being the winner of over $3 billion in public funds since 1990, they have a massive financial stake in making sure they both polish that pitch and protect their reputation on that front.

For starters they have to maintain that they can be a loyal partner to any city engaging in good faith efforts to maintain a state-of-the-art arena.  Long-term, by building a portfolio of downtown success stories like L.A. Live, downtown Indianapolis and the soon-to-be built arena in downtown Sacramento — the league can keep the public funding narrative from collapsing under a wave of antipathy toward millionaires and billionaires bouncing a leather ball for amusement.

So look for the NBA to work with Kohl and Milwaukee to find the political will (i.e. public dollars) to get an arena deal done. As expected, the league released a statement from David Stern moments ago expressing support for that process. “Senator Kohl bought the Bucks in 1985 in order to ensure the team would remain in Milwaukee. During his extraordinary stewardship his goal remained the same — to bring the fans of Wisconsin high-quality basketball from a team they would be proud to call their ‘home’ team. With this announcement, Senator Kohl continues his mission: to assure continuity of ownership by broadening its ownership base, and assuring that the fans of Wisconsin will enjoy NBA basketball and other events in a new state-of-the-art facility,” said Stern.

And while everything is going to sound fine for Bucks fans until it doesn’t, they’re not going to know that they are indeed keeping their team until much more has been revealed in this slow-moving story.

Clippers go to third-string coach after Doc Rivers and Mike Woodson ejected (video)

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Remember when Doc Rivers vowed last year to stop getting technical fouls? He actually followed through for the rest of the season.

But the pledge apparently expired with the season.

Rivers got a technical foul and ejection late in the Clippers’ loss to the Timberwolves last night. Lead assistant Mike Woodson followed suit before play even resumed.

That meant assistant coach Sam Cassell – who already got his own technical foul earlier in the game! – took over for the final 7.4 seconds.

Mavericks rookie Dennis Smith Jr. throws down 360 dunk against Wizards (video)

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The Wizards are in a rough place.

They’ve lost three of four, including a 23-point setback to the Mavericks last night, and Dennis Smith Jr. is out here practicing for a dunk contest on them.

Report: Damian Lillard meets with Trail Blazers owner, but doesn’t request trade as Paul Allen feared

Matthew Stockman/Getty Images
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Trail Blazers owner Paul Allen was reportedly investigating whether his team’s problem was roster or coaching. In other words, it sounded as if he were determining whether he should fire general manager Neil Olshey or coach Terry Stotts amid a disappointing season. Portland has the NBA’s fifth-largest payroll and is on track to pay the luxury tax, but the team is just 25-22 and seventh in the Western Conference.

In these turbulent times, Trail Blazers star Damian Lillard – who has strongly supported Stotts publicly – wanted to address Allen directly.

Chris Haynes of ESPN:

Portland Trail Blazers star point guard Damian Lillard met with team owner Paul Allen to gather an understanding of the organization’s direction, league sources told ESPN.

Lillard, who turns 28 on July 15, requested the meeting in part to reaffirm his commitment to the only professional franchise he has ever suited up for, but also to gain assurances that the organization was just as devoted to expeditiously crafting a title-contending team, sources said.

In the weeks leading up to the meeting, Allen feared Lillard would request a trade, sources said, but a trade request was not made.

The meeting, which sources described as a productive, open forum to share opinions and express concerns, could also lead to more sit-downs in the future.

Lillard issued a heartfelt vote of confidence for head coach Terry Stotts, sources said.

They also discussed players to target.

In addition, Lillard sought an explanation from Allen as to why Will Barton was traded to Denver in February of 2015, sources said. Lillard made it known he didn’t agree with the move.

The Trail Blazers traded Barton, because he wasn’t ready to lock down a rotation spot. They got Arron Afflalo, who was more ready to help a team still trying to win with LaMarcus Aldridge. The move was completely logical at the time, and it’s the type of gripe brought up now because Barton has developed with the Nuggets, and Portland is frustrated and in a funk.

Lillard surely suggested win-now moves leading up to the trade deadline, because that’s what players prioritize. I wouldn’t be surprised if Allen would rather shed a few million in salary to avoid the luxury tax in an underwhelming season.

How would Lillard feel about that? Did this meeting open a productive line of communication? Or would he just feel ignored?

Lillard has repeatedly pledged his loyalty to the Trail Blazers. A trade request would have been a huge reversal from his public statements. But did Allen have any reason to suspect Lillard would ask out other than the meeting request and Portland’s middling record?

That Lillard would seek this meeting shows his growth as a player. He’s taking an active role in his team’s fortunes, spreading his reach beyond the court – or at least trying to.

The big question now: Where will that lead him and the Trail Blazers?

Three Things to Know: Jason Kidd out in Milwaukee, now what for Bucks?

Associated Press
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Every day in the NBA there is a lot to unpack, so every weekday morning throughout the season we will give you the three things you need to know from the last 24 hours in the NBA.

1) Milwaukee fires Jason Kidd as coach. It’s the right move, but now what? It’s a move that caught the players in Milwaukee off guard, a move that will be trashed by some of the NBA’s old boy network, but something expected by many officials from other teams and league observers (although most thought it would be an offseason move).

Jason Kidd was fired as coach of the Milwaukee Bucks Monday.

It was the right move. Individual players grew under Kidd — Giannis Antetokounmpo blossomed into a superstar with the ball in his hands, and he was so unhappy with the move he offered to intervene and try to save Kidd’s job — but the team did not. Last season the Bucks went 42-40 in the regular season and were up 2-1 in their first-round playoff series against Toronto before ultimately losing in six, but as had happened too much with this team it was two steps up and one step back. The Bucks didn’t grow from there. The team entered this season with players talking of 50-win season and a top four seed (Las Vegas oddsmakers set the wins under/over at 47.5), and the expectation was the defense would finally come around. It didn’t. Kidd blamed the team’s youth to everyone — the media publicly and team management privately, asking for more veterans — yet he made some, shall we say, “interesting” end of game coaching decisions that left everyone bewildered. Kidd eventually backed off some on the ultra aggressive, trapping defensive style this team played — a style teams figured out how to beat with ball movement — but it wasn’t enough. The Bucks are 25th in the NBA in defense. With that they are 24-22, but with a negative point differential that suggests a 20-26 team, not one clinging to a playoff slot (currently seventh in the East, 1.5 games up on ninth-seed Detroit and missing the playoffs all together, fivethirtyeight.com gives them a 68 percent chance of making the postseason).

Now what?

For the rest of this season, long-time assistant Joe Prunty will run the show, and he will get the chance to Frank Vogel his way into the job if the team excels under him (and the moved was timed as the Bucks enter a soft part of the schedule, they can rack up some wins right now). However, more likely is a big off-season search where the biggest names in coaching without a job will come calling. Already two names bandied about are Jeff Van Gundy and former Pelicans coach Monty Williams. David Fizdale has to be considered. Every coach without a job will want this one — with Antetokounmpo, Eric Bledsoe, Khris Middleton, and a host of long, athletic, quality role players (such as Thon Maker, Jon Henson and others) this team has a world of potential. It should be talked about with Minnesota and Philadelphia as the teams who have next in the NBA.

The Bucks have been rumored to be interested in DeAndre Jordan, is that still the case or will they try to make their moves in the off-season (when they can’t afford to sign Jordan or much of anyone else of consequence without shedding salary)? My guess is now the team now waits, it will want to consult with whoever is hired as coach.

Also, how will the Bucks at times feuding ownership play into all of this? New Yorkers Mark Lasry and Wes Edens have had their differences — Jon Horst is the GM now because the two sides could not agree on a candidate so they compromised on him, someone farther down on both lists. On the court this team is seen as one of the league’s best jobs with the most potential, but the coach may need to navigate ownership landmines along the way.

The Bucks move into their new arena next fall and there will be pressure on the new coach to bring the team up to the level of the building — the Bucks have the pieces to be one of the top teams in the East (a conference that could open up depending on what LeBron James chooses to do next summer). It’s a coveted job, but not an easy one.

2) DeMarcus Cousins has the kind of night nobody has had in 46 years. All-Star starter DeMarcus Cousins went off on the Bulls Monday night — 44 points, 24 rebounds, and 10 assists in the Pelicans’ double OT win against Chicago. These were not meaningless points, Cousins picked up seven of them in the second overtime.

The last time somebody had a 40/20/10 night in the NBA Elton John had just released “Rocket Man” — Hall of Famer Kareem Abdul-Jabbar did it in 1972 when he was still playing in Milwaukee.

3) Locker room issues bubble up in San Antonio and Cleveland, but will it matter? Two things that can lead to locker room dissent in the NBA? Struggling teams on losing streaks pointing fingers, and guys with lingering injuries that were expected back.

We saw both of those creep up Monday, in San Antonio and Cleveland. The question is, will it matter to either organization come the playoffs? Probably not.

In Cleveland, losers of 8-of-11 and heading into a tough stretch of games, they held an emotional team meeting Monday’s practice, and Kevin Love became the whipping boy. Because the more things change, the more it’s still always Kevin Love’s fault. Other players questioned the illness that Love said he suffered that forced him to sit out much of Saturday’s blowout loss to the Thunder (he left the building before the game was over) and then miss practice Sunday. The meeting got heated, but Love spoke to the team to explain himself and that seemed to calm things down, mostly. For now. These team meetings make headlines, but most of the time prove to be meaningless on the court. Are the Cavaliers going to start to care and at least give some effort on defense after this? We’ll see. I wouldn’t bet on it lasting, it almost never does, but we’ll see.

In San Antonio, reports came up that the always quiet Kawhi Leonard has become “disconnected” from the team while dealing with the thigh injury that has let him play just nine games this season. Leonard and Popovich have always been on the same page, is this just frustration with a rehab on a quad injury that is just not healing as fast as anyone hoped and expected? Is it more than that? Both GM R.C. Buford and Leonard’s uncle denied any rift.

What happened with LaMarcus Aldridge shows us how this likely plays out. Aldridge demanded a trade last summer, but rather than panic and ship him out (for less than fair market value) Popovich sat down with Aldridge, figured out why he was frustrated, adjusted how he used him, and now Aldridge is happy — he signed an extension — and is having an All-Star season. Expect Popovich to figure out how to work with Leonard, too.