Today is the day the Warriors owner finds his team not worth as much as he hoped.

2 Comments

warriors_logo.pngI’m sure you knew this already, because you and your drinking buddies had been working on your submission over the weekend: Today is the first day to submit formal bids to buy the Golden State Warriors.

This is where wishes meet reality. Like when you put a home up for sale and you work with a realtor to set a price — but you don’t know what it is really worth until the offers start coming in.

ESPN is estimating that four or five offers will come in.

Owner Chris Cohan has expected a sale of at least $400 million and maybe up to $500 million. This is the only NBA team in a very high-income market, at team with a very loyal following. That has to be worth something.

But then there’s reality.

The richest guy in the bidding — Larry Ellison, owner of Oracle — has had his people estimate the worth of the franchise at $315 million. He is not likely to bid much more than that. Other ownership groups may go higher, but you also may be able to question how their finances come together. Larry Ellison can simply write a check for the sale amount at any point during the process. (Look at it this way, everybody is talking about how rich new Nets owner Mikhail Prokhorov is worth — Ellison is worth more than double him. About $28 billion)

Cohan may simply hold out if he doesn’t get a number he wants for the sale. And that would be bad for the team and the league. This is a franchise (and a fan base) that deserve better.

Vince Carter wins NBA Sportsmanship Award

Hawks forward Vince Carter
Jason Miller/Getty Images
Leave a comment

Vince Carter’s 22-year NBA career ended amid the chaos of coronavirus, preventing him from getting the deserved fanfare.

But fellow players will send Carter into retirement with the NBA Sportsmanship Award.

NBA release:

NBA players have selected Vince Carter as the recipient of the 2019-20 NBA Sportsmanship Award, the NBA announced today.

Carter, who spent the 2019-20 season with the Atlanta Hawks, announced his retirement from the NBA in June after playing a league-record 22 seasons.  He receives the Joe Dumars Trophy as the winner of the NBA Sportsmanship Award.  Dumars, a two-time NBA champion and Naismith Memorial Basketball Hall of Famer, played 14 NBA seasons and won the inaugural Sportsmanship Award in the 1995-96 season.

Each NBA team nominated one of its players for the NBA Sportsmanship Award, which is designed to honor a player who best represents the ideals of sportsmanship on the court.  From the list of 30 team nominees, a panel of league executives selected one finalist from each of the NBA’s six divisions.  Current NBA players selected the winner from the list of six finalists, with more than 250 players submitting their votes through confidential balloting conducted by the league office.

Full voting (with first-, second-, third-, fourth-, fifth- and sixth-place votes and voting points):

1. Vince Carter (Hawks): 143-70-34-13-4-2-2,520

2. Garrett Temple (Nets): 22-78-63-52-25-26-1,746

3. Steven Adams (Thunder): 34-57-41-52-58-24-1,632

4. Harrison Barnes (Kings): 24-25-75-48-35-59-1,418

5. Langston Galloway (Pistons): 23-22-29-60-79-53-1,244

7. Tyus Jones (Grizzlies): 20-14-24-41-65-102-1,016

What a nice honor for Carter, who gracefully aged from high-profile star to veteran mentor.

Heat: Bam Adebayo, Goran Dragic doubtful for Game 2 of NBA Finals

Heat players Bam Adebayo and Goran Dragic
Jim Poorten/NBAE via Getty Images
Leave a comment

Bam Adebayo‘s and Goran Dragic‘s injuries… not looking great for the Heat approaching Game 2 of the NBA Finals.

Heat:

This is a disaster for Miami. The Lakers dominated Game 1, and now the Heat have two starters hobbled at best. At worst and more likely, Adebayo and Dragic are out.

Adebayo would be the bigger loss. Miami was completely overmatched when facing Anthony Davis without a center. Kelly Olynyk and Meyers Leonard can try to keep up, but they’re far from great solutions.

At least the Heat have more options at point guard. Kendrick Nunn can get an elevated role (especially after excelling in garbage time of Game 1). Jimmy Butler can become the de facto point guard. Tyler Herro can also play the position. But Dragic was playing so well during Miami’s run through the Eastern Conference. This is also a major setback.

 

Report: Tyronn Lue ‘early favorite’ to become Clippers head coach

Leave a comment

Doc Rivers is gaining momentum in the 76ers’ coaching search.

As for the job Rivers left behind with the Clippers… Clippers assistant and former Cavaliers head coach Tyronn Lue, unsurprisingly, has the inside track.

Marc Stein of The New York Times:

Adrian Wojnarowski of ESPN:

The Clippers are planning to interview other candidates, starting soon, sources said.

The New Orleans Pelicans are planning to interview Lue in the near future too, sources said.

Lue would be a sensible hire. He has championship experience, which would help the Clippers hit the ground running in a make-or-break season before Kawhi Leonard and Paul George can become unrestricted free agents. Lue managed stars in LeBron James and Kyrie Irving. The Clippers must improve their chemistry around their stars. And the last time Lue got promoted from assistant to head coach, his team won a title.

New Orleans also has an appealing job. But the Clippers are far closer to championship contention. And if both teams want Lue, I bet Clippers owner Steve Ballmer would outspend Pelicans owner Gayle Benson.

Still, the Clippers are conducting a coaching search. Other candidates could emerge. This isn’t necessarily Lue’s job for the taking.

How long would he wait on L.A. if the Pelicans make an offer? Lue has shown he values being entrusted.

Report: 76ers focused on Doc Rivers and Mike D’Antoni in coaching search

Leave a comment

The 76ers appeared focused on Mike D’Antoni in their coaching search.

Then, Doc Rivers surprisingly became available.

The former Clippers coach met with the 76ers and is now in the center of the conversation.

Adrian Wojnarowski of ESPN:

For the Sixers now, the focus is on Rivers and D’Antoni, a source told ESPN. A decision is expected this week.

Rivers would be an easier fit with this roster than D’Antoni, whose style doesn’t appear to work as well with both Joel Embiid and Ben Simmons. Rivers also looks like he’d help Philadelphia take the next step.

But that seemed like it’d be true with the Clippers and wasn’t.

Tyronn Lue’s candidacy with the 76ers has clearly faded. Could he join the Clippers, Rockets or Pelicans? If Philadelphia hires Rivers, maybe D’Antoni still lands with the Pacers?

Rivers’ availability has definitely thrown a wrench in the coaching carousel.