Report: Sale of Milwaukee Bucks for record $550 million agreed upon, team to stay in Milwaukee

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It has been rumored for weeks, but Marc Stein of ESPN reports it will become official today — longtime owner Herb Kohl will sell the Milwaukee Bucks to a group committed to keeping them in Milwaukee.

Herb Kohl purchased the Bucks in 1985 for $18 million. Just remember that next time an owner talks about their annual losses with their team (franchise valuation is not part of that calculation).

This looks like a big win for Bucks fans, at least at first glance.

That sale price is 27 percent more than the $405 million that Forbes estimated the Bucks to be worth. The sale will need to be approved by the league’s owners after the buyers go through a thorough background check. However the sales are almost always approved.

Kohl had been looking for new owners for some time but refused to talk to people such as Chris Hansen and his Seattle group because he only wanted an owner that would keep the Bucks in Milwaukee.

Marc Lasry and Wes Edens, are hedge-fund billionaires based out of New York who Forbes estimates at having a combined net worth around $3 billion. It is unclear yet if there were be some minority owners joining the group based out of Milwaukee (or even somewhere in the Midwest), to ease concerns about moving the team.

To keep the team in Milwaukee will require a new arena — Commissioner Adam Silver has said as much, the current arena lacks many luxury boxes — and how that gets done will be the big question. Lasry and Edens will have to pony up some cash, Kohl may as well, but they also likely will ask for public money and that would be a much more difficult get.

It is not clear yet what happens if a new arena cannot get built, and on what timeline all that would happen.

Also not clear is what that means for the current front office and coaching staff. Getting the sale approved likely will not impact this draft — where the Bucks have the best odds of getting the No. 1 pick following their terrible season — or maybe even next season. But new owners inevitably bring changes.

They buy a team with a potentially good core of young players — Giannis Antetokounmpo, John Henson, Larry Sanders, plus this year’s draft pick — that could develop into an interesting team in a few years with the right management and coach. And if they start to win they will sell out any new building.

Draymond Green’s civil suit accuser speaks, Green’s attorney issues statement

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The civil suit against Draymond Green starts off this way: “Draymond Green is a bully.”

As we noted was coming, on Tuesday former Michigan State University football player Jermaine Edmondson and his girlfriend Bianca Williams filed a lawsuit against Green stemming from an incident a year ago in East Lansing, Mich., bar. Green was back in the town of his alma mater and ran into Edmondson at a bar, and some kind of altercation followed.

Green allegedly slapped him during this, although the plaintiffs say the men with Green shoved first Edmondson against a wall, then when Williams came over to intervene another man did the same to her, putting his hand around his throat. Green was arrested, but the prosecutors didn’t see it the same way and Green’s charges were reduced to a noise violation, where Green had to pay a $500 fine and $60 restitution fee. Because it was a civil infraction, there is no “guilty” or “not guilty” plea entered.

Here is Edmondson speaking.

Green’s attorney Katherine Grubaugh, issued the following statement:

“This lawsuit relates to an incident that occurred in East Lansing, Michigan over a year ago, for which Draymond paid a noise violation fine. Draymond looks forward to defending himself and clearing up the misinformation put forth today.”

As I said previously, I’m not about to speculate about the motives for the suit or what actually happened in the bar that night. I don’t know those things. What I do know, as someone who spent years as a young reporter covering courts and police, it is challenging for the plaintiff to prove their case and get paid in these kinds of lawsuits (if this actually gets to trial). While in a civil case the standard to reach drops to “a preponderance of the evidence,” the plaintiff has to prove damages. That is not easy, especially in a disputed bar fight (where the clarity of memory of any witness can be called into question) a year later.

Report: Suns inform Josh Jackson he will not be part of any Kyrie Irving trade

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The Cleveland Cavaliers want an elite young player back in any trade of Kyrie Irving.

The Phoenix Suns have come up as a trade partner, because of Eric Bledsoe‘s salary, fit with Cleveland if Irving is gone, and the fact he and LeBron James share an agent.

And those suns have an elite young player — Josh Jackson. Taken fourth in the last draft, Jackson showed fantastic athleticism at Summer League, disruptive defense, the ability to make plays around the rim, and while his jumper needs some work there is genuine promise.

Which is why the Suns are not going to include Jackson in any Irving trade.

If the Suns are involved in an Irving trade, it’s likely as part of a three-team deal. Bledsoe would still go out, and Phoenix might be willing to throw in young players such as Marquese Chriss or Dragan Bender, depending on what they got back.

That is the key — the return. Phoenix is rebuilding, Bledsoe is their best trade chip, and if he is going out the door, they are going to want real quality back in return. They are not in this to be a salary dump location, the Suns are going to want young players who can make a difference and picks. Most of the trade scenarios floating around in public forums use Phoenix as the dumping ground in the three- or four-team deals, just know that is not going to happen. The Suns want value for their best trade asset.

Rumor: Are these the new Cleveland Cavaliers Nike uniforms? (PHOTOS)

Getty
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Nike will be taking over the NBA uniforms for the 2017-18 season, and now it looks like we have some leaked photos of the Cleveland Cavaliers’ new look.

A photo posted to Twitter on Tuesday showed a mannequin dressed in what appears to be Cleveland’s new wine-colored uniforms.

Nike released some information about their new uniforms recently, including the naming conventions which will be associated with certain editions of team uniforms. Those editions are called The Association, The Icon, The Athlete’s Mindset, and The Community.

The wine edition of the Cleveland uniform would fall under the category of the Icon.

Via Twitter:

Those certainly seem to go along with some of the uniforms that were released during Nikes original release. It’s also hard understand why someone would have a full dress mock up on a mannequin with the Nike logo on it, especially as it is so close to what we have seen from Nike.

Conrad over at Sports Logos has been kind enough to mock up what the Cavaliers uniforms should look like for both the icon and association additions.

Via Sports Logos:

What do you think? I am liking them so far.

Mike Muscala signs 2-year, $10 million deal to remain with Hawks

AP
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ATLANTA (AP) The Atlanta Hawks have re-signed power forward Mike Muscala to a two-year, $10 million deal.

The 6-foot-11 Muscala, who was an unrestricted free agent, could play a bigger role as he returns for his fifth season following the departures of Paul Millsap and Dwight Howard.

Muscala set career highs by averaging 6.2 points and 3.4 rebounds in 70 games, including three starts, last season. He scored in double figures in 20 games and ranked second on the team by making 50.4 percent of his shots from the field.

The team announced the signing Tuesday.

More AP NBA: https://www.apnews.com/tag/NBAbasketball