This was expected to happen soon — if you find guys willing to spend $550 million on the Milwaukee Bucks, you jump on it.
The NBA found that with hedge fund billionaires Wesley Edens and Marc Lasry and those two are expected to be approved by the owners on Thursday, reports Brian Windhorst of ESPN.
In the wake of the Donald Sterling scandal, there was a push within the league to have an extra thorough vetting of the new owners, sources said. That process, however, is complete and the league’s Board of Governors will approve the transaction that was initially signed last month.
The timing of the sale will allow Edens and Lasry to take control of the team before next Tuesday’s draft lottery in New York, which was a priority. The Bucks, at 25 percent, have the highest odds to win the lottery after an NBA-worst 15-67 season. The high draft choice in what is expected to be a deep draft was one of the attractive selling points of the team.
The lottery will be exciting, but that’s not where the real work with the Bucks will be — they need a new arena.
Edens and Lasry have said they would pitch in $100 million toward a new arena, and soon-to-be former owner Herb Kohl has pledged $100 million. That’s a lot of cash, but it’s only about two-fifths of what will be needed. Edens and Lasry need to find the other money (likely trying convince the local or state government to pitch in, which will be a tough sell), then they need to get a location and start the approvals process.
The deadline is 2017, when the Bucks current lease is up.
If a new arena deal is not in place, the sale agreement says the league can buy the Bucks back from Edens and Lasry for $575 million. That would prevent them from just moving the team or trying to flip it.
The leap from college — even high-level college programs — to the NBA can be hard to describe. Now everybody is bigger, longer, and far more athletic — the guy at the end of the bench barely getting any burn was one of the best players on his college team.
Players get their first taste of that at Summer League. The Sixers’ No. 1 pick Ben Simmons looked pretty good when he got that taste, but you can see the development that needs to go on as well.
He’s spending the time between now and the start of training camp working on his shooting and getting stronger, among other things, he told Jessica Camerato of CSNPhilly.com.
“I think just getting in the gym and making sure I’m getting reps up, shooting-wise, dribbling,” Simmons said earlier this week after an appearance at Sixers Camp in Wayne, Pennsylvania. “The weight room as well, making sure I get my strength back and my weight up.”
All good things. Handles and shooting in particular — he’s about to start seeing much better defenders nightly. It’s going to take time, and we’ll see how far he can go, but Simmons unquestionably brings a lot of skill and potential to the table. That he’s putting in the work is a good sign — that was one of the concerns about him heading into the draft.
New GM Bryan Colangelo is going to benefit from Sam Hinkie’s process. So long as he doesn’t screw it up.
JaVale McGee is getting another shot in the NBA.
He played just 34 games off the bench for Dallas last season. He played 23 games the season before that due to injury.
But the Golden State Warriors are thin up front — Zaza Pachulia will get the bulk of the minutes at the five (when the Warriors use a traditional center), and there is the often-injured Anderson Varejao behind him. The Warriors could use another big. So they are giving McGee a look, reports Marc Stein of ESPN.
This is a low-risk move by the Warriors, and it’s worth the gamble. Vintage McGee, for all his Shaqtin’ a Fool flaws, is far more athletic and a better rim protector than any of the guys the Warriors now have at the five. If it doesn’t work out — and the odds are it will not — they cut him, if it does they pay him a minimum deal.
I hope he makes it, just because the league is more fun when McGee is in it.
At some point, Russell Westbrook will sit down with members of the media and discuss Kevin Durant leaving the Thunder, how he felt about the move, and how it impacted him both personally and professionally.
But not right now. He remains silent.
This Vine making its way around, where Westbrook laughs — probably at the question, although read into that whatever you want — when asked about Durant sums up where we are.
In the full Facebook clip, Westbrook walks away, too. It’s his right. He can talk about it on his schedule.
Rudy Gay expressed displeasure with how the Kings were handling trade rumors. Sacramento general manager Vlade Divac retorted that Gay had his phone number.
Apparently, Gay found it.
Sean Cunningham of ABC 10:
Following those comments, Gay told ABC10 on Thursday afternoon that he had since spoken with Divac.
“I have talked to Vlade,” Gay said from his Nike Skills Academy at Hardwood Palace in Rocklin. “I can’t say since Monday stuff has changed, but I just feel like we have a little bit of time to start changing things.”
Gay, who will be entering his 11th NBA season, has insisted he hasn’t demanded a trade and should he remain a member of the Kings by the time training camp opens in October, he says he’ll report and be ready to go.
“At this point in my career I just want to be happy,” said Gay. “I talked to Vlade and we’re trying to make that happen.”
Even if he hasn’t demanded a trade, it sure sounds like Gay would welcome one. I doubt the Kings would mind moving on, either.
But it takes another team to trade for Gay, and so far, one hasn’t emerged.
In the meantime, tensions appear to be eased. Open communication usually helps.