Memphis Grizzlies v Los Angeles Clippers - Game Four

UPDATE: Former Microsoft CEO Steve Ballmer signs deal to buy Clippers for $2 billion

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UPDATE: Shelly Sterling has confirmed the sale through a press release. In it is the statement she could do that as the sole trustee of the Sterling Family Trust, confirming that she had Donald to sell the team.

“I am delighted that we are selling the team to Steve, who will be a terrific owner,” she said in a released statement. “We have worked for 33 years to build the Clippers into a premiere NBA franchise. I am confident Steve will take the team to new levels of success.”

Steve Ballmer also released a statement:

“I will be honored to have my name submitted to the NBA Board of Governors for approval as the next owner of the Los Angeles Clippers. I love basketball. And I intend to do everything in my power to ensure that the Clippers continue to win – and win big – in Los Angeles.”

7:10 pm: I have to start here: Do not assume just because an agreement was reached and papers signed that this is a done deal. Remember that Donald Sterling has talked about “fighting to the bloody end.” He could still attempt to kill the whole thing out of spite (or concerns about capital gains taxes).

But Donald told his wife Shelly Sterling to go ahead and find a buyer for the team, and she seems to have done that:

NBC has confirmed  with a source close to the negotiations that a deal was signed between the Sterling Family Trust and former Microsoft CEO Steve Balmer to buy the Clippers for $2 billion. That document is now being sent on to the NBA league office for review (and to start the approval process).

This news was broken by the Los Angeles Times and since confirmed. The Times had details on the other bidders.

A person with knowledge of the negotiations said the Geffen group bid $1.6 billion and Ressler at $1.2 billion.

David Geffen has now said to ESPN that his group — with Larry Ellison and Oprah Winfrey — have pulled out of the biding.

If $2 billion turns out the be the final sale price, that figure would blow the previous NBA franchise sale price record — $550 million for the Milwaukee Bucks just a few weeks ago — out of the water.

The NBA has reportedly said that if a completed sale agreement was in place before the Board of Governors meeting next Tuesday they likely would postpone the vote. At that meeting the other owners would conduct a hearing then vote on whether to strip Sterling of his ownership of the franchise in response to the backlash that followed his prejudiced comments on a recording released to TMZ, plus later in a CNN interview.

Having the Sterlings sell the Clippers is a cleaner process for the NBA.

Part of the sale agreement is that Ballmer not move the team to Seattle. Plus the Clippers have nine years left on their lease with Staples Center. Also, financially he would devalue the franchise considerably moving it out of the Los Angeles market, especially with the team due for a new television deal, one that is expected to lead to a big bidding war.

It sounds like a good deal… yet there is Donald Sterling lurking.

Shelly Sterling had Donald declared mentally incapacitated, making her the sole trustee and able to act to sell the team as she saw fit.

Donald said in recent days through his attorney (and again today as news of the Ballmer sale started to leak) that the letter he gave his wife is not binding and he may not sign off on the sale. While Donald and Shelly Sterling each own half of the Clippers through a trust, Donald is the recognized primary owner by the league under its constitution.

How will Donald feel with $2 billion on the table?

Donald Sterling’s lawyer was seen going to meet with Donald and told the L.A. Times on the way into the house he is not sure Sterling will sign off on the sale. He added Sterling doesn’t care about the money.

Ballmer would need to be approved by the NBA’s other owners, but that likely would not be much of a hurdle.

Ballmer was part of Steve Hansen’s Seattle group that almost bought the Kings last season. He has long been someone David Stern, and now Adam Silver, have wanted to bring into the league.

Jazz extend Quin Snyder’s contract

Utah Jazz head coach Quin Snyder speaks with reporters during the Jazz's end-of-season media availability Thursday, April 14, 2016, in Salt Lake City. (AP Photo/Rick Bowmer)
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The Jazz hired Quin Snyder in 2014, reportedly giving him a contract that ran through next season with guaranteed salaries and contained a team option for 2017-18.

Utah wants to keep him around even longer.

Jazz release:

The Utah Jazz announced today a long-term contract extension for third-year head coach Quin Snyder. Per team policy, financial terms were not released.

“With this contract extension, we are declaring our confidence in Coach Snyder’s ability to continue to develop the Utah Jazz into a championship team,” said Gail Miller, owner of the Larry H. Miller Group of Companies. “The Miller family recognizes the significant progress made under his leadership and we are excited about the direction we are headed.”

“Our relationship with Quin, and this extension, reflect our shared passion for building a championship team,” said Steve Starks, president of the Utah Jazz. “With long-term contracts now in place for Quin, Dennis and other key front office personnel, we are well-positioned for the future.”

“We have continued to take significant steps as a team under Quin’s direction,” said Jazz General Manager Dennis Lindsey. “His work ethic, basketball intelligence and ability to connect with and develop our players make him the ideal head coach of the Jazz.”

“I am very grateful for this gesture by the Miller family and the Utah Jazz and appreciative of their belief in me to continue to lead this team,” Snyder said. “Amy and I are fortunate to be a part of a franchise and family that cares deeply for our community, stays true to its values and is committed to winning. More than anything, it is confirmation of our collective commitment to building a championship team.”

Snyder has done a nice job in Utah.

Despite a young roster and some ill-fitting pieces (namely Rudy Gobert and Derrick Favors offensively), the Jazz have gone 38-44 and 40-42 under Snyder. Player development looks good, and the defense has been top notch.

At some point, the goal must become snapping a four-year playoff drought – the franchise’s longest since its first four seasons in Utah. But Snyder has the team on the right track, and the Jazz are already winning at a fine clip given their circumstances. He deserves a chance to see this through.

Gobert, Rodney Hood, Gordon Hayward, Favors, Dante Exum, Trey Lyles and Alec Burks – who are all already signed for next season (and, in some cases, beyond) – give the Jazz a bright future.

So does Snyder.

Report: Spurs plan to pursue Kevin Durant as hard as Warriors do

San Antonio Spurs' David West, left, and Kyle Anderson, right, defend as Oklahoma City Thunder forward Kevin Durant, center, positions for a shot during the first half in Game 2 of a second-round NBA basketball playoff series, Monday, May 2, 2016, in San Antonio. (AP Photo/Eric Gay)
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The Warriors are reportedly planning a big push to sign Kevin Durant in free agency.

They’re not the only capped-out contender on that track.

Marc Stein of ESPN:

The Spurs, though, are said to have harbored similar fantasies for months in their famously stealthy manner.

The stately Spurs, league sources say, are just as intrigued as Golden State by the thought of making a run at Durant come July 1.

Every team wants to sign Durant. Not every team will try to sign Durant. Some teams without the cap space or perceived interest from Durant won’t put in the effort – unless Durant throws a nod in their direction first. They just don’t want to waste time and miss out on other free agents in the process.

The Spurs had been the type of team to ignore high-stakes free agency, but that changed with LaMarcus Aldridge last year. Word for a while had been they’d also chase chase Durant.

San Antonio can sell a winning culture, a roster that’s already contending for a title and proximity to Durant’s college (Texas). But creating the necessary cap room will be challenging.

Durant’s max salary projects to be about $26 million next season against a $92 million cap, so the Spurs would need to trim their payroll to about $66 million.

LaMarcus Aldridge, Kawhi Leonard and Tony Parker will make a combined $52,658,381 million. San Antonio would have to decide what to do with Danny Green ($10 million) and Boris Diaw ($7 million, $3 million guaranteed). So much is up in the air with Tim Duncan ($5,643,750) and Manu Ginobili ( $2,940,630), who both have player options and could retire. Patty Mills ($3,578,948) and Kyle Anderson ($1,192,080) also have guaranteed salaries to account for.

But there is a path, and the Spurs seem intent on trying to travel it.

The upside is just too darn high. Durant would put the Spurs on at least on equal footing with elite Golden State – maybe even higher.

Likewise, the downside is huge. If Durant signs with the Warriors, how will San Antonio ever beat them?

Better for the Spurs just to get Durant for themselves – if they can.

Report: Multiple executives expect Knicks to keep Kurt Rambis

New York Knicks head coach Kurt Rambis calls out a play from the bench during the second half of an NBA basketball game against the Philadelphia 76ers, Friday, April 8, 2016, in Philadelphia. The Knicks won 109-102. (AP Photo/Michael Perez)
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Phil Jackson reportedly pushed for the Knicks to give Kurt Rambis a multi-year contract. Jackson isn’t searching for another coach right now.

You do the math.

Stefan Bondy of the New York Daily News:

Multiple executives around the league expect Rambis to get the job.

The usual question applies: Do these executives know something we don’t, or are they just reading the same writing on the wall? They’re positioned to glean inside information, but that isn’t necessarily required here. All the public circumstantial evidence points to Rambis.

This is another signal the Knicks will make Rambis their permanent head coach, but it was already looking that way.

Goran Dragic’s teeth went through his lip last night (video)

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Goran Dragic has a habit of losing teeth, but not usually through his lip.

Cringe.