Report: If new arena not built in Milwaukee league can buy back team from new owners

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When Herb Kohl agreed to a deal then announced the sale of the Milwaukee Bucks to New York based hedge fund managers Marc Lasry and Wes Edens for a record $550 million, Kohl said he was confident the team was not moving. Lasry and Edens talked about putting together a unified effort to get a new arena built — and started by 2017 when the current lease is up — because their goal is to keep the team in Milwaukee.

Now we know why.

The contract to sell the team says if Lasry and Edens can’t get the area built the league can buy the team back from them rather than let them move it, reports Brian Windhorst at ESPN.

The NBA has the right to buy back the Milwaukee Bucks from incoming owners Wesley Edens and Mark Lasry if a deal to a bring a new arena to the city is not in place by November 2017, according to sources briefed on the situation.

Sources told ESPN.com that the sale agreement announced last week to transfer the Bucks from longtime owner Herb Kohl to Edens and Lasry for a purchase price of $550 million includes a provision that allows the league to buy back the team for $575 million if construction on a new building in Milwaukee is not underway by the deadline.

What that means is that Lasry and Edens can’t turn around and sell to Chris Hansen in Seattle or some other outside group looking to move the team and just turn a healthy profit as the middlemen (not that $25 million is shabby).

The question becomes if Lasry and Edens can’t get it built — with Kohl putting $100 million in the kitty and the new owners putting up that much or more of their own cash — then who can? And if this group can’t get an arena built, should the team be sold to be moved?

Adam Silver doesn’t want that (he pushed behind the scenes to give Sacramento the chance to hold off Seattle’s efforts last year), he believes in franchise stability. This seems like a situation that is prime to get that new arena built in Milwaukee and keep that historic franchise right there.

But now we know what the consequences are if the arena deal falters.

Snowed-out Jazz/Wizards game rescheduled for Feb. 18

Bradley Beal, John Wall
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We haven’t seen a back-to-back-to-back in the NBA since the lockout season, when the league tried to cram 66 games in after Christmas.

The Washington Wizards have one now.

The Utah at Washington game originally scheduled for Jan. 23, which was snowed out because of a major storm hitting the Eastern seaboard, has been rescheduled for Thursday, Feb. 18 at 7 p.m. Eastern at Verizon Center.

That makes the Wizards’ schedule:

Feb. 18: vs. Utah
Feb. 19: vs. Detroit
Feb. 20: at Miami

The Jazz have a back-to-back as well, facing Boston on the 19th.

Mike Conley does not crush Knicks free agent dreams, says everything on table

Memphis Grizzlies guard Mike Conley (11) gestures after making a 3-point basket in the first half of an NBA basketball game against the Houston Rockets, Friday, Nov. 20, 2015, in Memphis, Tenn. (AP Photo/Brandon Dill)
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When you talk about the most underrated players in the NBA, especially with the casual fan, Mike Conley is at the top of the list. The Grizzlies’ point guard has played at an All-Star level for a few seasons now but hasn’t gotten the recognition, in part because it’s Memphis and in part because the West is stacked with quality point guards.

The New York Knicks desperately need an upgrade at the point.

Which has led to the latest fantasy of seemingly every Knick fan (and talking head in the city) — the free agent Conley coming to New York this summer. When asked about it Friday before the Grizzlies and Knicks squared off, Conley didn’t kill the rumors (which in New York is like throwing gasoline on them). Here are his quotes, via Ian Begley of ESPN.

“I think everything will be on the table when that time comes,” Conley said Friday morning after the Grizzlies’ shootaround at Madison Square Garden. “I haven’t committed to anything…

“They’ve got talent, obviously,” he said. “I think [Kristaps] Porzingis surprised a lot of people. He’s going to be very, very good in this league. He already is pretty good. But he’s going to grow each year, and they already have one of the best small forward in Melo [Carmelo Anthony]. They’ve got a young team, so they’ve got a lot of room to improve.”

The smart money is on Conley staying in Memphis, the only NBA team he has ever played for. Conley was very active last summer in recruiting Marc Gasol to remain in Memphis, and has said it would be very difficult to leave him. Plus the Grizzlies can offer more money — one more guaranteed year plus larger raises.

The Knicks will need to lose some salary before July 1 just to offer Conley a max, which likely starts around $24 million (depends on the final salary cap number). What the Knicks can offer is a larger stage for his brand and the chance to bring that brand out of the shade of Gasol and Zach Randolph.

Conley — who is averaging 14.6 points and 6.1 assists per game, is shooting 35 percent from three, is good on the pick-and-roll, plus is one of the best defensive point guards in the game — will have plenty of other suitors as well. He’s one of the best players on the free agent market this summer.

NBA GM: Warriors ‘leaders in the clubhouse’ for Kevin Durant

Oklahoma City Thunder Kevin Durant, left, drives the ball against Golden State Warriors' Draymond Green (23) and Andre Iguodala (9) during the first half of an NBA basketball game Thursday, Dec. 18, 2014, in Oakland, Calif. (AP Photo/Ben Margot)
AP Photo/Ben Margot
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Kevin Durant to the Warriors is having a moment, but even the most recent and most credible report linking the Thunder star to Golden State contained an important caveat:

Make no mistake: Durant isn’t close to gone in Oklahoma City – no decision, no leaning, sources said

Nobody has credibly reported Durant is leaning toward leaving the Thunder. The issue at hand is where Durant would go IF he leaves Oklahoma City.

Except one NBA general manager has gone a step further.

Vincent Goodwill of CSN Chicago:

General managers know a lot of things we don’t, but like anyone, they can also be prone to repeating gossip and hearsay. Does this general manager have inside info, or is he just participating the echo chamber? Impossible to say, but the possibility of the former raises the level of intrigue.

Of course, the Warriors can’t be the leaders in the clubhouse, because they’re not in the clubhouse. Free agency doesn’t begin until July. Nobody has made their final pitch, not even the Thunder.

It’s fun to make bold predictions now, and this general manager has a chance of looking genius. But sometimes the desire for that designation causes people to get ahead of themselves.

Report: Clippers quickly rebuffed interest after Nuggets called about Blake Griffin

Los Angeles Clippers forward Blake Griffin (32) gets tied up near the basket by Denver Nuggets forward J.J. Hickson (7) during the second half of an NBA basketball game, Monday, April 13, 2015, in Los Angeles. The Clippers won 110-103. (Michael Goulding/The Orange County Register via AP)   MAGS OUT; LOS ANGELES TIMES OUT
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Here was my gut feel on a report that the Clippers had talked to the Nuggets about trading Blake Griffin to Denver:

1. Nuggets calling Clippers about Griffin

2. Clippers saying they’re not interested

3. Nuggets leaking the fact that Griffin trade talks happened with the Clippers – technically true! – to excite their fan base and potential free agents considering whether or not to take Denver seriously

Dan Woike of The Orange County Register:

https://twitter.com/DanWoikeSports/status/695691007053070336

Woike is the more reliable source of information here. I believe that’s all this was.

The Clippers probably shouldn’t sell low on Griffin now. But if the Nuggets made a truly reasonable offer based on Griffin’s peak value – and I doubt they did – it also wouldn’t hurt to consider it.