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.
Marc Gasol thinks his brother Pau Gasol — who will opt out to become a free agent this summer and bolt Chicago — should join the San Antonio Spurs.
Pau doesn’t think that’s a bad idea.
Speaking with the Spanish sports publication Marca, Gasol said the Spurs would be “an interesting option for me.” (Hat tip Eye on Basketball)
Gasol put up numbers — 16.5 points and 11 rebounds a game — at age 36, he still has great post moves, can still pass, and is still fairly efficient on offense. He was an All-Star for a reason. But he’s also a liability at the defensive end. Where he lands as a free agent should be about fit.
Pau would fit with the Spurs — if he was willing to come off the bench. Which is probably what should have happened in Chicago (with Joakim Noah starting for defensive reasons). As a first big off the bench Gasol can lift a team up, but if he’s out there 31 minutes or more a night as a starter — as he was in Chicago last season — he’s going to get exposed a lot defensively.
Do the Spurs want him is another question?
Is Gasol willing to accept coming off the bench behind LaMarcus Aldridge? Or does he need to be a starter? And will he take less money to contend? Gasol has some questions to answer.
So far, the Golden State Warriors have looked just fine — thank you very much — without one Stephen Curry in the lineup. And as Dan Feldman and I discussed in the latest PBT podcast, they likely will be able to handle the Portland Trail Blazers without him as well. They don’t need to rush him back.
But Curry is rushing himself back and wants to beat the two-week timeline for his strained MCL that the doctors put out there, reports Monte Poole of CSNBayArea.com.
Coach Steve Kerr said Curry looked good in treatment but did not do any work on the court.
Athletes are the worst people to ask about their own recovery timelines; they don’t get to top levels of their sport without supreme confidence and a certain feeling of invulnerability. They are always sure they can bounce back faster than the doctors say — sometimes that’s true, but not often.
So long as the Warriors are not pressured by Portland (sorry Clipper fans, you’re not advancing without CP3 and Griffin), they are under no pressure to rush him back. That second round series is expected to start Sunday in the Bay Area, if the Warriors can hold serve through the first two games then they can keep Curry on the sidelines for a couple of weeks, let the knee rest completely, and bring him back on their own terms.
The Warriors will need him back for the Conference Finals and beyond, but more than that this is a Golden State team set up to be a contender for the next four or five years, you don’t want to create a bigger problem for future years pushing too hard for a title this season if he’s not right.
Friday night sees some big Game 6s across the NBA playoffs — Indiana has the best chance of forcing a Game 7 — but everyone is looking ahead to Oklahoma vs. San Antonio in the next round.
That includes Kurt Helin and Dan Feldman of NBCSports.com, who in this latest podcast discuss that series and the Atlanta and Cleveland series that tips off next week. Also they talk about the Friday night Game 6 matchups, and if Portland could beat Golden State if the Warriors do not get Stephen Curry back.
As always, you can listen to the podcast below, or listen and subscribe via iTunes, download it directly here, or you can check out our new PBT Podcast homepage, which has the most recent episodes available. If you have the Stitcher app, you can listen there as well.
The Celtics will chase Kevin Durant this summer.
Will it work?
Chris Mannix of Yahoo Sports:
Ainge will be aggressive in free agency, team sources told The Vertical, and yes, that means a run at Kevin Durant. The Celtics believe Durant will meet with them this summer, but they know that meeting won’t accomplish much unless there are significant moves leading into it.
The Celtics are optimistic about meeting with Durant. The Warriors are optimistic about signing Durant.
That might just speak to different mindsets within the organizations – why shouldn’t Golden State be confident about everything? – but it also might handicap the odds of Durant’s next team. The Warriors definitely appear more likely than the Celtics.
Boston has plenty going for it: Brad Stevens, a solid young roster, extra draft picks (including the Nets’ first-rounder this year) and cap flexibility. But Durant wants to win now, so those more youthful assets mean only so much. It’s on Danny Ainge to prove he can turn that cap space into another helpful player, deal a Brooklyn pick or two for a veteran. That would become much easier if the Celtics win the lottery.
There’s a lot happening at once. If Durant isn’t coming, Boston might prefer to keep its draft picks and build slowly. Other free agents might not come. But if Durant is on board, that makes trades preferable and other free agents landable.
Of course, Durant should be the top option.
It appears the Celtics at least have their foot in the door.