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.
Report: Bucks brought Jabari Parker off bench for discussing with media team’s meeting
The Milwaukee Bucks had lost four in a row and had slid out of a playoff slot in the East. It’s not one end of the court — in their last five games, the Bucks had the second-worst defense and fourth-worst offense in the NBA. After that fourth loss, the team held a players’ only meeting, one where Jabari Parker reportedly ripped his teammates for a lack of togetherness.
In the postgame media sessions that followed, Parker told the press he confirmed there was a meeting and said he had been “thrashed” by his teammates for what he said.
Milwaukee Bucks forward Jabari Parker did not start in Saturday’s road loss to the Miami Heat for violating a team rule that prohibits disclosing locker room discourse to the media, league sources told ESPN…
Parker’s teammates deliberated and decided the appropriate punishment for the violation was to bring him off the bench against the Heat, league sources told ESPN. It was the first time this season that he did not start.
The meeting and the benching didn’t help, the Bucks fell to the lowly Heat 109-97. (Team/players meetings are overrated in how often they help teams turn things around.)
The good news for the Bucks is that in a tight East they remain just a game out of the playoffs and three games out of the five seed. It’s going to be a tough week to turn that around with the Rockets, resurgent Sixers, Raptors, and Celtics on the schedule.
Without Chris Paul and Blake Griffin in the lineup, the Clippers don’t have much going for them offensively. However, there is one thing: DeAndre Jordan can still run to the rim and dunk with authority.
The Knicks last three losses have come by a total of six points. The team is not good, a little banged up, and doesn’t play any defense, but New York also has just had a run of bad luck.
The latest example: Phoenix’s Devin Booker draining a three to knock off New York, 107-105. It was a mistake by Derrick Rose, who sagged down to the free throw line watching Eric Bledsoe with the ball coming off the pick, which led to the open pass. Also, notice that Booker set up three feet back of the three-point line — this is a trend a lot of teams and good shooters are following (watch a Rockets’ game) because it makes the closeout harder. Rose would have contested a shot at the arc, but Booker gets a clean look from where he spotted up, and drills it.
The Spurs would like you to include them in your conversations about contenders.
Without Pau Gasol (hand) or Tony Parker (foot), San Antonio went into Cleveland and beat the defending NBA champions in OT 118-115 in what was one of the wildest, most entertaining games of the season. Check out the clutch-time action above, including LeBron James hitting a three Shaker Heights.
But the real star was Kawhi Leonard, who put up a career-best 41 on 30 shots. He’s the guy who has to create and make plays for this offense, and he did it on a big stage. LeBron added 29 points. Between them, they put on quite a show.