Terry Stotts Press Conference

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

13 Comments

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.

Dikembe Mutombo and Bismack Biyombo squabble over finger-wagging rights

TORONTO, CANADA - APRIL 16: Bismack Biyombo #8 of the Toronto Raptors wags his finger after blocking a shot against the Indiana Pacers in Game One of the Eastern Conference Quarterfinals during the 2016 NBA Playoffs on April 16, 2016 at the Air Canada Centre in Toronto, Ontario, Canada. 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. Mandatory copyright notice. (Photo by Tom Szczerbowski/Getty Images)
Tom Szczerbowski/Getty Images
Leave a comment

Bismack Biyombo has been doing the Dikembe Mutombo finger wag after blocks for years, and the Raptors center has said Mutombo gave him permission.

But with Biyombo breaking out and blocking shots during the playoffs, it has drawn more attention – and Mutombo’s ire.

Mutombo, via TMZ:

“I don’t know when did that conversation took place,” Mutombo said … “Him and I need to talk this summer.”

“He claim in the newspaper and everywhere he said I gave it to him. I said, Did I gave him? Was it family? Cosign? But you know what, he’s a young man, man, I let him enjoy the fame. He’s making me famous!”

“I will see him in the Congo this summer so him and I will talk back home with nobody around us.”

This is dumb.

1. Mutombo already approved of Biyombo finger-wagging. Mike Mazzeo of ESPN:

2. I’m sure Biyombo means nothing but to pay tribute to Mutombo and show up opponents – two noble goals. There is no good reason for Mutombo to be upset. He’s being honored.

Yet, this whole thing has Biyombo on edge. Josh Lewenberg of TSN:

Keep finger-wagging, Bismack. Mutombo will come around.

Report: Wizards to offer Bradley Beal five-year max contract on July 1

Washington Wizards guard Bradley Beal reacts after making a 3-point shot during the second half of an NBA basketball game against the Utah Jazz, Thursday, Feb. 18, 2016, in Washington. The Wizards won 103-89. (AP Photo/Alex Brandon)
AP Photo/Alex Brandon
2 Comments

Bradley Beal isn’t messing around when setting his value in free agency this summer.

I’m a max player.”

Apparently, the Wizards agree.

J. Michael of CSN Mid-Atlantic:

Just as the Wizards did with John Wall, offering him a max deal early in the process of negotiation, they’ll do the same with Bradley Beal, a person with knowledge of the situation told CSNmidatlantic.com earlier this week.

This is a smart move.

Washington could let the market dictate Beal’s price, but with the salary cap skyrocketing, it’s bound to come in at a max salary anyway. By offering him a max deal on day one, the Wizards can get Beal on board with re-signing when the time is right.

Beal’s cap number will be $14,236,685 until signed or renounced. Once signed, his 2016-17 salary will become his cap number, and the max projects to be $21,579,000. So, Washington could spend the difference (projected to be  $7,342,315) then exceed the cap to re-sign Beal using his Bird rights.

Beal could get impatient and interrupt those plans, but why would he sign a max offer sheet elsewhere (projected to be worth about $92 million over four years) that the Wizards will surely match if he can just re-sign directly and get about $124 million over five years? Washington is trying to ensure he doesn’t find a reason.

Report: Warriors fretted during 2015 NBA Finals because Kyrie Irving and Kevin Love were out

PHOENIX, AZ - DECEMBER 28:  (R-L) Kevin Love #0 and Kyrie Irving #2 of the Cleveland Cavaliers during the NBA game against the Phoenix Suns at Talking Stick Resort Arena on December 28, 2015 in Phoenix, Arizona.  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 Christian Petersen/Getty Images)
Christian Petersen/Getty Images
3 Comments

Some Cavaliers fans still want to put an asterisk on the Warriors’ 2015 championship, because Kyrie Irving and Kevin Love were injured during the Finals.

Apparently, Golden State had the complete opposite view.

Zach Lowe of ESPN:

Irving and Love have been the central players in Cleveland’s worst breakdowns. Opponents in the playoffs have scored 1.09 points per chance when they involve those two as the primary pick-and-roll defenders in a play that leads directly to a shot attempt, drawn foul or turnover, per SportVU data provided to ESPN.com. That would have ranked last by a mile among 119 two-man combos that defended at least 250 pick-and-rolls in the regular season, per that SportVU data set.

Zoom out to include any trip that features a pick-and-roll targeting Irving and Love at any time, and the number gets worse: a hideous 1.207 points allowed per possession, stingier than only one of those 119 duos — the Jrue Holiday/Ryan Anderson pairing in New Orleans.

Opponents know this stuff. They are putting Irving and Love into twice as many pick-and-rolls each game as they averaged in the regular-season, a massive jump out of proportion to the slight uptick in minutes the two are playing together. These are the sort of numbers that had members of the Golden State Warriors’ coaching staff quietly fretting when both Love and Irving missed last year’s NBA Finals, forcing the Cavs to play superior defenders in their place.

This is how the Warriors operate. They’re arrogant. They reportedly believed they’d sign Kevin Durant. Owner Joe Lacob told The New York Times: “We’re light-years ahead of probably every other team in structure, in planning, in how we’re going to go about things. We’re going to be a handful for the rest of the N.B.A. to deal with for a long time.”

So, I believe Golden State thought Irving and Love – two stars – getting hurt lowered its odds of winning. That doesn’t make the Warriors right, but there is a logic to this thought process.

If the Cavs would’ve had their top talent – including Irving and Love – on the floor, I don’t think they could’ve played the grind-it-out style that better matched up with Golden State. Giving more prominent roles to Tristan Thompson and Matthew Dellavedova and running all the offense through LeBron James made the game rougher and slower, and the Warriors struggled in that style.

That’s why I don’t accept this thought process: “Cleveland pushed the Warriors to six games without Irving and Love. Imagine what the Cavs would’ve done with those two.” It’s not that simple. The Cavaliers couldn’t have played the same way with Irving and Love, and the freer-paced alternative would’ve played into Golden State’s hands.

I believe the Warriors would’ve won that series regardless of Irving’s and Love’s injuries. Many disagree. We’ll never know.

But I do get a kick out of the idea that Cleveland fans and Golden State coaches were similarly – though for very differently reasons – distraught about Irving’s and Love’s injures.

Report: Raptors (update: probably wouldn’t have) fired Dwane Casey if they lost in first round

INDIANAPOLIS, IN - APRIL 23:  Dwane Casey the head coach of the Toronto Raptors disagrees with an offical's call in the game against the Indiana Pacers during game four of the 2016 NBA Eastern Conference Quarterfinal Playoffs at Bankers Life Fieldhouse on April 23, 2016 in Indianapolis, Indiana.   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 Andy Lyons/Getty Images)
Andy Lyons/Getty Images
5 Comments

Update: Lowe clarified in an update to his piece:

Toronto might have been one gaffe by Pacers coach Frank Vogel in Game 5 away from bowing out in the first round again, a crusher that would have raised questions about Casey’s job security — even with Toronto holding a 2016-17 option they were leaning toward picking up regardless of the Pacers series, sources say.

These types of mixed signals show why you shouldn’t always take general managers at their word when they give coaches votes of confidence.

 

Raptors general manager Masai Ujiri on Dwane Casey before the playoffs, via Josh Lewenberg of TSN:

If we don’t go past the first round, what’s going to happen? Coach Casey deserves to be the coach. He deserves to be our coach in the future.

Casey was coming off an impressive regular season. Toronto won a franchise-record 56 games, and Casey finished fifth in Coach of the Year voting.

But would the Raptors really keep him if they lost in the first round as the higher seed for the third straight year?

I know what Ujiri said. But it’s one thing to like Casey as a coach – I do – and another to watch another first-round upset unfold in front of your eyes. The experience of seeing four losses to the Pacers can change someone’s mind – and reportedly would’ve changed Ujiri’s.

Zach Lowe of ESPN:

Toronto might have been one gaffe by Pacers coach Frank Vogel in Game 5 away from bowing out in the first round again, a crusher that would have cost Casey his job, per several league sources.

Of course, the Raptors beat Indiana in seven games, slipped past the Heat in seven games and have beaten the Cavaliers twice in the Eastern Conference finals. That ought to preserve Casey’s job, even if Toronto is eliminated in Game 6 tonight.

The Raptors are at the point where they need a quality playoff coach. For the better part of three straight postseasons, Casey didn’t look like one. He still hasn’t come close to answering all the questions about him, but he has created enough doubt about his postseason proficiency.

Casey has done quality work transforming the Raptors. Unless they’re more certain he can’t get the deeper in the playoffs, they should keep him and give him a chance to try.