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.
Yes, guys get away with traveling in the NBA. James Harden on the step back (sometimes, not always), or guys sliding left/right to avoid a closeout at the arc and not bothering to dribble while they do it.
Lance Stephenson got called for traveling Sunday in the Pacers’ loss to the Cavaliers. In a game where Stephenson got under the skin of LeBron James and drew a technical (and tied him up for a jump ball at one point), this was the best Lance highlight of the game. Because if you’re going to travel, you should go all in.
Never change Lance. Never change.
Matthew Dellavedova is a hustler. Everybody knows that. Well, unless you want to argue he’s more about grit. It’s really your call.
But against the Boston Celtics on Sunday, Dellavedova came through with whatever you want to call it — hustle, grit, moxie, gumption.
As the first quarter wound down and the Celtics tried to inbound the ball, Dellavedova spied his opponents rolling the basketball in order to save time on the clock.
That allowed the Australian native to fly in and do this:
That’s a steal, a scoop, and a score all within 1.2 seconds.
Milwaukee won Game 4 and evened the series with the Celtics, 2-2.
Sunday night’s game between the Indiana Pacers and Cleveland Cavaliers was raucous. Bankers Life Fieldhouse was rocking, and despite Indiana’s best effort to put back seemingly every offensive board it encountered, LeBron James‘ 32 points was just too much to overcome.
Facing the possibility of going down 3-1 in the first round, the Cavaliers pulled out the win, 104-100, and sent the series back to Ohio for Game 5.
The game came down to the final period following a surge by the Pacers to end the third quarter. The teams were tied several times midway through the fourth, but a tip shot by Thaddeus Young wth 6:13 left gave the Pacers the lead as fans in Indiana went wild.
Cleveland then came roaring back. At the three-minute mark, James drove to the basket and scored. Thirty seconds later, Kyle Korver hit a big-time 3-pointer to put the Cavaliers up by four points, a mark the Pacers couldn’t recover from.
LeBron scored again with 1:52 left, and despite some weird late-game antics — featuring none other than Lance Stephenson — the Cavaliers were able to remain resolute down the stretch.
James finished with 32 points, 13 rebounds, and seven assists. Kyle Korver added 18 points on 4-of-9 shooting from deep, and Kevin Love had five points with 11 boards.
Victor Oladipo struggled for Indiana, scoring 17 points but shooting just 25 percent from the floor. Seven Pacers finished in double-digits, with Young notching an impressive double-double of 12 points and 16 rebounds.
Game 5 will be played in Cleveland on Wednesday, April 25.
The Toronto Raptors were far and away the best team in the Eastern Conference this season. The Washington Wizards were … well, very Wizard-y.
So considering their regular seasons, the fact that Washington was able to tie the first round series between the two teams at 2 games apiece on Sunday is pretty astonishing.
Bradley Beal had 31 points and five rebounds for the Wizards while teammate John Wall added 27 points to go along with a whopping 14 assists. Washington shot an impressive 41 percent from 3-point range as four of five starters finished in double-digit scoring.
Despite Beal’s performance, it was Wall who saved the day for the Wizards. Beal was disqualified after fouling out with around five minutes to play in the fourth quarter. Beal didn’t agree with the call, and could be seen throwing a towel near the Washington bench.
For his part, Wall either scored or assisted on 10 of the Wizards’ final 14 points of the game. That helped stave off the likes of DeMar DeRozan, who led all scorers with 35 points.
The series heads back to Toronto for Game 5, which will be played on Wednesday, April 25.