An agreement has been in place for a few weeks now that would see longtime Milwaukee Bucks owner Herb Kohl sell the team to Marc Lasry and Wes Edens for a reported $550 million, but the process can be a lengthy one when considering all that goes into it, along with the league’s approval process.
This particular sale, however, seems to be moving along a bit more expeditiously.
From Don Walker of the Milwaukee Journal Sentinel:
A source with knowledge of the sale process said Monday the sale of the Milwaukee Bucks to New York investors Marc Lasry and Wesley Edens “is moving quickly.”
“It’s possible there will be news later this week,” the source said. …
Assuming the sale goes through this week, Lasry and Edens are expected to take control of the team quickly. While they obviously have no control over it, the NBA draft lottery is May 20. That will determine the draft order on June 26.
This is good news for Bucks fans, because a new ownership group may be more actively engaged in trying to turn the fortune of the franchise around, and getting things finalized before important dates like the draft and the beginning of free agency will only help matters if indeed that’s the case.
The key component in the sale will be the push to get a new arena built in Milwaukee in order to make it stick. The new owners will have until November of 2017 to have a deal in place, otherwise the NBA has the right to buy back the franchise — a strategic move made to ensure the Bucks stay in Milwaukee, which is commissioner Adam Silver’s preference.
The Bucks are coming off a season in which they managed to finish with the worst record in the league, despite the Sixers at one point losing 26 straight games. That’ll give Milwaukee the most ping pong balls in the upcoming Draft Lottery, and with them the best mathematical chance of landing the number one overall pick in this summer’s NBA Draft.
Yeah, the Lakers lost to the Rockets, 134-95, Wednesday. But consider how lopsided that margin would’ve been without Lou Williams‘ halfcourt buzzer-beater.
And if this headline looks familiar, it is.
LeBron James did his part – scoring 25 points (on just 10 shots!), dishing seven assists and grabbing six rebounds – to give the Cavaliers an insurmountable lead over the Knicks through three quarters. So, he didn’t even play in the fourth quarter.
As Cleveland put the finishing touches on its 126-94 win, boredom set it. LeBron and a few of his teammates tried to flip a water bottle and have it land upright on the floor. LeBron even dove onto the court to pull the bottle back in after an errant flip!
No, Phil Jackson should not have used the word “posse” to describe LeBron’s business associates and friends. But this is the most disrespectful thing I’ve ever seen – and I love it.
The Mavericks’ long-rumored interest in DeMarcus Cousins took its most direct public turn before the season, when Dallas signed Cousins’ brother, Jaleel Cousins. Jaleel is now on the Mavericks’ D-League affiliate, and I bet he will remain there as DeMarcus approaches 2018 free agency.
Brad Townsend of The Dallas Morning News:
So, DeMarcus Cousins, what do you think about the Mavericks’ long-rumored interest in acquiring you?
“It’s flattering,” Cousins told me, with a laugh, after the Kings’ Wednesday shootaround at AAC. Then, turning serious, he added of the Mavericks, “I respect them.”
“But,” I said, “I’ve also heard that you like it in Sacramento.”
“No,” Cousins corrected, “I love Sacramento.”
Cousins is getting good at this, toeing the line between appreciating another team’s interest and expressing his satisfaction with the Kings.
And give Cousins credit. He keeps producing at a star level for a team that hasn’t provided him with the proper support. Sacramento again appears headed toward the lottery, even as Cousins averages 29-10.
Questions remain, though: How much of Cousins’ attitude is him trying to make the best of an inescapable situation, and will expanded options in the summer of 2018 test his loyalty?
LeBron James is dominating, and the Cavaliers are rolling over the Knicks.
It’s almost as if something has LeBron particularly riled up. But maybe ease up a little? That cowering fan isn’t Phil Jackson.