Report: Shelly Sterling has received ‘handful’ of $1 billion-plus bids for Clippers

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Donald Sterling, through his attorney, says he’s not ready to sell the Clippers. Depending on the precise language of a letter he signed, he may or may not have already given his wife full authority to sell the team.

Either way, the NBA is planning to vote out the Sterlings Tuesday. That doesn’t leave much time for the league to vet any buyers before approving a Sterling-approved sale.

Facing roadblocks from all directions, Shelly Sterling is forging ahead in her attempts to sell the team anyway.

Ramona Shelburne and Darren Rovell ESPN.com write:

Shelly Sterling and her advisers received a handful of bids for the team Wednesday — with sources saying the bids are well more than $1 billion — in what is turning into a rush to find a buyer for the franchise before Tuesday’s Board of Governors meeting at which both of the Sterlings’ ownership interests could be terminated.

Despite the pace of the sale and seriousness of the buyers — sources said bidders were asked to post a $300 million deposit — Donald Sterling’s continuing opposition is beginning to worry several groups. The concern, one source with knowledge of the situation told ESPN, is that he is using this sale process to establish a value for the team so he later can sue the league for damages if forced to sell.

In the books given to prospective buyers, sources said, Shelly Sterling has offered to sell 100 percent of the team, which has been an important condition for the NBA.

The franchise and the team’s recently built practice facility in Playa Vista, California, are part of the sale, sources said. However, the winning bidder theoretically could prefer to lease the facility from the Sterlings, a source said.

Shelly Sterling has retained Bank of America to handle the sale. Initial bids were due Wednesday. However, a source told ESPN that several groups were given an extension until Thursday. While there was initially a sense that there would be several rounds of bidding, it now appears the strongest bidders will simply negotiate directly with Shelly Sterling and her advisers over the next few days.

If the Sterlings are using this process to establish value for the team to seek damages, they’re probably going about it the wrong way. By demanding a $300 million deposit – which would sit in escrow until all lawsuits are resolved, according to Bill Simmons of ESPN – and threatening a Donald-filed lawsuit involving anyone and everyone, the Sterlings are reducing the value of the bids.

If they just want to control the sale of the team on their own terms, OK. But if they want to maximize their return, they’re failing. The team will likely sell for more once the NBA takes control of the process, excising at least some of the Sterling complications to the process.

Regardless, I can’t see Shelly reaching an agreement with a buyer in time for the NBA to vet the new owners and approve the sale.

Bobby Portis apologizes for punching Nikola Mirotic in the face (VIDEO)

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As if this season wasn’t going to be hard enough for the Chicago Bulls, it started off on the wrong foot when Bobby Portis and Nikola Mirotic got into a fight during practice. That fight resulted in a facial fracture for Mirotic, putting one of Chicago’s best players out for multiple weeks.

Portis addressed the issue this week by apologizing to fans, the team, and Mirotic. However, Portis said that he has not heard from Mirotic since the fight, and that he did not respond when he tried to call his teammate.

Video of Portis’ apology is interesting if only because it’s a bit hard to discern the level of sincerity.

Via Twitter:

Chicago is 0-2 on the season. Portis is in the middle of serving an 8 game suspension for the incident.

Giannis Antetokounmpo scores career-high 44, dedicates game to father

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MILWAUKEE (AP) — After scoring a career-high 44 points, Giannis Antetokounmpo wrote a note on the game ball.

“This is for daddy. We got a win tonight,” the 22-year-old Milwaukee Bucks player said, remembering his father, Charles, who died last month at age 54.

Antetokounmpo scored 17 points in the fourth quarter, including a dunk that put Milwaukee ahead 111-110 with 11 seconds to go.

After a timeout, Damian Lillard found Jusuf Nurkic running open down the lane, but Antetokounmpo blocked his shot at the basket, sending the 7-foot center crashing to the floor.

Antetokounmpo, starting his fifth NBA season, made 17 of 23 shots with eight rebounds and four assists as Milwaukee kept pace with a Portland team that had dominated its first two opponents. The Bucks star is averaging 38.3 points through three games, up from 22.9 last year, 16.9 in 2015-16 and 12.7 in 2014-15.

“Seventy-nine more. This is just the beginning,” he said, thinking about how many regular-season games remain.

After Nurkic was rejected at the basket, Khris Middleton was fouled and made both free throws.

“They committed two guys to Dame, so somebody was going to be open,” Portland coach Terry Stotts said, referring to Lillard. “Turned out to be Nurk but they made a really good defensive play.”

Lillard scored 26 points, including 16 in the fourth quarter. CJ McCollum also scored 26, and Nurkic had 17 points and 11 rebounds. Tony Snell scored 17 points and Middleton added 16 for Milwaukee.

 

Stephen Curry, Kevin Durant ejected at end of loss to Grizzlies

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Stephen Curry is going to get fined for this.

The former MVP was frustrated, his team losing and thinking he was fouled by Mike Conley as he attacked the rim late in the Warriors loss in Memphis Saturday night. Curry threw his mouthpiece at the referee, which deservedly got him ejected instantly.

Durant followed him to the locker room, making a gesture that will earn him a fine as well.

The Warriors are 1-2 to start the season and there are a lot of factors at play. The China trip does this to teams, and throw in three straight trips to the Finals on top of it and it has an impact. The team is a little banged up. However, the biggest issue is their defense is a mess right now.

The Warriors will straighten it out eventually, but the start of the season could be a rough one for them.

Pacers owner says team not for sale, will not be moved from Indianapolis

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There are more than a few NBA owners who are seeing the prices teams are being sold for — the Rockets just sold for a record $2.2 billion — and considering their options. Some other billionaires are looking for teams, several with the goal of packing up the franchise and moving it to their respected hometowns.

Those billionaires need not call Herb Simon. The Pacers owner said the team is not going anywhere, speaking to Gregg Doyel of the IndyStar.

“I want to leave my legacy: This team permanently in Indianapolis,” Simon told IndyStar Friday in an interview at Bankers Life Fieldhouse. “That’s my No. 1 goal.”

Simon bought the Pacers in 1983 with his older brother, Melvin — who died in 2009 at age 82. He told IndyStar the team someday will be owned by his 53-year-old son, Steve. Behind the scenes, Steve Simon has been working closely with Pacers Sports and President Rick Fuson for five years — “He knows more about the dollars and cents than I do,” Herb said of his son — and met this week with several department heads.

“If anything happens to me, he’d be taking over,” Herb said, adding that father and son are on the same page: The Pacers are staying in Indianapolis.

Good. That is as it should be.

Indiana is part of America’s basketball heartland, and it should have a team. Pacers fans are smart and loyal, and the team has a long history going back to the ABA, running from Mel Daniels and George McGinnis through Reggie Miller and up to Myles Turner (hopefully he can be on the level of the rest of them someday). They play in the coolest basketball building in the league, one with the history of the sport wolven in.

Indy is the nation’s 27th largest television market, bigger than San Antonio, Salt Lake City, Oklahoma City and other successful NBA franchises. There is no reason the Pacers cannot thrive, so long as ownership is committed.

They are. Which is excellent news for Pacers’ fans.