Report: Ownership groups agree to sell 100 percent of Atlanta Hawks

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There is no deal in place yet, there is no sale pending. We don’t have answers to little questions such as who is buying the team. Or, how much they are paying. So, there’s a little work left to do.

But ownership groups have reached an agreement for 100 percent of the the Hawks to be sold, according to Atlanta Journal-Constitution‘s Chris Vivlamore.

It is big news that all three of the often infighting ownership groups have agreed to sell their shares of the team to one controlling owner. That would be huge improvement for the organization, one that in recent years often has been held back by bickering and backstabbing as the owners fought for more power in the organization.
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According to person familiar with the situation, agreements have been reached between all three ownership groups of the team. Those agreements have been approved by the league.

The Washington-based group, led by controlling owner Bruce Levenson, announced in September that it would sell its 50.1 stake following the discovery of a racially inflammatory email that rocked the franchise. An independent investigation discovered an e-mail Levenson wrote in 2012 that included racist remarks about the fan base and game operations. Levenson’s partners Ed Peskowitz and Todd Foreman are also stakeholders in the original group known as the Atlanta Spirit.

Agreements are also in place for the Atlanta-based group of Michael Gearon Jr. and Sr., Rutherford Seydel and Beau Turner to sell its stake. The group owned a combined 32.3 percent of the franchise. In addition, the New York-based group, led by Steven Price, has agreed to sell its 17.6 percent stake.

The team is not denying that it is completely for sale, but not confirming it, either.

Again it can’t be understated how much this matters — these three ownership groups cut each other off at the knees and made getting things accomplished difficult because they all fought to have the most say.

The Hawks current majority owners, known as Atlanta Spirit, purchased the Hawks, Atlanta Thrashers and Philips Arena from Turner Broadcasting in 2004. There was infighting and rumors of sales for years, then in 2011 they announced plans to sell the team to Alex Meruelo (who made his money in pizza and real estate), a man who would have become the NBA’s first Hispanic owner. However, financial concerns about Meruelo scuttled the deal and the team came off the market.

Whoever is buying the Hawks — likely for around $750 million or so total, that has been a ballpark number I’ve heard rumored from league sources — is buying a red-hot team.

The Hawks are 23-8 and currently the second seed in the Eastern Conference. Coach Mike Budenholzer has them playing great team basketball with seventh-ranked defense and 11th ranked offense in the NBA and getting All-Star level play out of Jeff Teague, Paul Millsap and the often underrated Al Horford.

Hopefully whoever becomes new owner is smart enough to see that the Hawks finally have a system in place that is working on the court and doesn’t mess with it.

Report: NBA’s minor league won’t allow potentially eligible college players

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USC’s De’Anthony Melton, Louisville’s Brian Bowen and Auburn’s Austin Wiley and Danjel Purifoy haven’t played this season due to the FBI’s probe into college basketball. Mitchell Robinson left Western Kentucky before his freshmen season started to train for the NBA draft.

But they’re all potentially eligible to play college basketball again someday.

So, they can’t play in the NBA’s minor league.

Jonathan Givony of ESPN:

That ineligibility stems from a rule that prevents players who were enrolled in college during an academic calendar year from being offered a contract in the same season, unless they have been ruled permanently ineligible by the NCAA with no opportunity of being reinstated (as was the case with P.J. Hairston in 2013).

“We’re not looking to compete with college basketball for their players,” a G League source said. “The NBA, specifically NBA lawyers, are concerned about the optics of NCAA players being disgruntled with minutes or coaching decisions and leaving college with the hopes of joining the G League. This is a blanket rule unfortunately that applies to all players. Like all of our rules, we are open to revisiting them if needed, but at the moment any player that was enrolled in a college this season is ineligible to play in our League.”

NBA executives and scouts are griping because they can’t evaluate these prospects in games. I don’t care about that.

This is an affront to capitalism. The basis of our economy should be competition, and the NBA is handing the NCAA – a cartel – a monopoly in this level of basketball. And it’s the workers (players) who lose.

So what if a freshman is disgruntled with his minutes and wants to turn pro during the season? He can’t join the NBA due to the age minimum. Why shouldn’t he be allowed to at least enter the NBA’s minor league, for which he’s old enough? We should trust him to manage his future, not protect the almighty college coach from facing consequences to his rotation.

I don’t know whether or not the NBA and NCAA colluded, but the NBA’s stance is the exact one it would take if it colluded. The NBA has worked to improve the quality of play in its minor league by increasing salary to compete against foreign leagues for players. It’s strange to just willingly take a backseat to college basketball when there’s a great opportunity to compete for top talent.

The players could legally challenge the policy, but they’ll be eligible for the NBA draft in June, and there’s risk in upsetting a potential future employer. And would anything be decided quickly enough in court to matter for the challenging player?

Players like Melton, Bowen, Wiley, Purifoy and Robinson aren’t allowed to let the market set their compensation as college basketball players, because NCAA schools have colluded to cap wages. Those players aren’t allowed to seek employment in the comparable American professional league, because that league doesn’t want to compete with the NBA.

It’s a travesty for capitalism and these workers.

LeBron James has tepid response when asked about Tyronn Lue’s job safty

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LeBron James was no fan of David Blatt, so he was let go around the All-Star break with the Cavaliers a couple of years ago when the team had the best record in the East.

Now the Cavaliers have fallen to third in the East and have lost 8-of-11, were blown out by the Thunder on national television on Saturday, have one of the worst defenses in the NBA, and have a brutal stretch of games against good teams ahead.

Is Tyronn Lue’s job in danger? That question has been asked around Cleveland, and when LeBron was asked about it after the OKC loss his response was tepid (via Chris Fedor of Cleveland.com)

Is a coaching change really the answer? I’m not Lue’s biggest fan as a coach, I think Cleveland’s offense has too much isolation and can get simplistic, but he’s got an older team that lost Kyrie Irving (and replaced him with Isaiah Thomas, who just returned to the rotation a couple of weeks ago and is still getting his legs under him).

Maybe that wakes the team up, but the more likely change is a trade or two at the deadline. If Cleveland isn’t willing to put the Brooklyn pick in the mix (reportedly they will only do that for an elite superstar) it’s hard to see them getting a player that really makes a difference. However, get one who wakes the team up out of its malaise and plays a little defense, and the Cavaliers become more likely to out of the East.

It’s going to be an interesting few weeks in Cleveland.

Thunder drop 148 points on defenseless Cavaliers, win in rout

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If you wondered why Cleveland is so active in the trade market as the deadline nears — and why they are hunting out guys who can play defense — all you had to do was watch the Thunder dismantle the Cavaliers on Saturday afternoon on national television, 148-124.

The Thunder went into Quicken Loans Arena and list of offensive accolades is long (and ugly if you’re a Cleveland fan):

• Oklahoma City dropped 148 points.

• Oklahoma City shot 58 percent overall.

• Oklahoma City shot 46.7 percent from three.

• Oklahoma City got 44 percent of its shots within four feet of the rim.

• Oklahoma City’s big three of Russell Westbrook, Carmelo Anthony, and Paul George combined for 88 points.

• Westbrook had 23 points and 20 assists.

• Paul George had 36 points on 12-of-19 shooting.

Steven Adams had 25 points and 10 rebounds.

• Westbrook, George, Adams, and Anthony combined for 113 points on 66 shots.

To be fair, this was also about the Thunder playing one of their most complete offensive games of the season. They moved the ball beautifully, there wasn’t the “your turn/my turn” issues from earlier this season.

For a team still unsure of its identity and looking for validation, this game provided it.

It also provided another glimpse into the troubles in Cleveland.

Last season the Cavaliers counted on an exceptional offense to cover up for a defense that was decent when they cared and horrific when they didn’t, but when it got time in the playoffs Cleveland was able to flip the switch (it just wasn’t enough in the Finals). LeBron James has another gear and was able to lift his teammates up with it.

This season, they don’t seem to know where the switch is. The good defensive habits they had built over time seem lost and forgotten, as they run out a litany of minus defenders in their regular rotation.

Cleveland looks like a team that needs help at the trade deadline to ensure it gets out of the East. The question becomes will they throw in the Brooklyn pick to do it? And even if they did, would DeAndre Jordan really solve their issues right now?

 

Giannis Antetokounmpo out a couple of games to manage sore knee

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It’s not discussed much, but Giannis Antetokounmpo has a chronically sore knee that has been an issue since last summer. It’s not debilitating, it doesn’t require surgery, but it’s something Antetokounmpo and the Bucks need to actively manage.

Hence, Antetokounmpo is sitting out the next couple of games. From Matt Velazquez of the Milwaukee Journal Sentinel:

Milwaukee Bucks all-star Giannis Antetokounmpo will sit out Saturday night’s game against the Philadelphia 76ers as well as Monday’s home game against the Phoenix Suns as the team actively manages the health of Antetokounmpo’s sore right knee….

Antetokounmpo’s injury, which is not considered to be tendinitis, is regarded as something that is always going to bother him to some extent, according to a league source. There will be days where the discomfort is higher and some when it’s lower, and the team’s goal is to manage that on a daily basis to keep the injury from becoming severe or significant — something it is not considered to be at this point.

Antetokounmpo is going to get eight days of rest this way, which is the smart long-term move for the Bucks.

The challenge is the Bucks may be sixth in the East as you read this, but they are just one game up on the nine seed Pistons. They need to get wins without Antetokounmpo, which is hard because they have been outscored by 10.6 points per 100 possessions. However, they could be without him a lot longer if Antetokounmpo’s knee isn’t managed now.