Here’s the report, courtesy of the San Francisco Business Times’ Eric Young:
NBA owners reportedly will vote on the sale of the Golden State Warriors by the end of October, which would give the new owners control just as the new season gets underway.
A vote to approve the deal would finalize the $450 million price, according to the SportsBusiness Journal.
The Warriors’ purchase is led by Joe Lacob, a partner at venture capital firm Kleiner Perkins Caufield & Byers, and Peter Guber, the CEO of Mandalay Entertainment Group.
The deal was announced last July. The NBA board of governors is scheduled to meet in New York City on Oct. 20-21. At least three-fourths of the NBA’s 30 owners must approve the deal.
The Warriors 2010-11 season begins Oct. 27.
The sooner this saga can end and the Warriors’ ownership situation is completely resolved, the better. One thought: with the vote happening at the end of October, Lacob and Co. won’t have a lot of time to make major changes for the 2010-11 season. We’ll see how this all ends up playing out.
The last season he played, Ben Simmons took just 9% of his shots from beyond 10 feet — he did not space the floor at all, which meant Joel Embiid had to at times. That lack of a jumper he trusted has always been one of the knocks on Ben Simmons’ game.
Steve Nash doesn’t care. Via Nick Friedell of ESPN:
“That’s why I don’t care if he ever shoots a jump shot for the Brooklyn Nets. He’s welcome to, but that is not what makes him special and not what we need. He’s a great complement to our team, and he’s an incredible basketball player because of his versatility.”
In an offense with Kevin Durant and Kyrie Irving setting the table — particularly in the halfcourt — Simmons is going to be asked to play more of a role: Be an elite defender, push the ball in transition, work in some dribble-handoff situations where he can drive the lane as an option, be a cutter off the ball, and be a distributor in the halfcourt. It’s why Simmons’ ideal role with the Nets often gets compared to Draymond Green — it’s a Draymond-lite role. There will be far less of him as lead guard running pick-and-roll.
Will Simmons settle into that role? Also, it should be noted that peak Green (2016 for example) shot better than 30% from 3 and had to be respected out there (last season 29.6% on 1.2 3s per game) — he had to be covered at the arc. Simmons does not. Also, Green did not avoid getting fouled and getting to the line.
Nash has the task of meshing Simmons into the system and figuring out the rotations — can he play Simmons and Nic Claxton together, or is having two non-jump shooters on the floor at once clog the offense? Is Simmons going to play center at points? There is championship-level talent on the Nets roster, but so many questions about fit, defense, and grit.
There’s no question about Simmons taking jumpers, but Nash doesn’t care.
The Zion hype train keeps right on rolling. First were the reports he was in the best shape of his life, then he walked into media day and it looked like he is.
Now Zion has his own hype man in Pelicans coach Willie Green, who said he dominated the first day of team scrimmages. Via Andre Lopez of ESPN.
“Z looked amazing,” Pelicans coach Willie Green said on Wednesday afternoon. “His strength, his speed. He dominated the scrimmage pretty much.”
“What stood out was his force more than anything,” Green said. “He got down the floor quickly. When he caught the ball, he made quick decisions. Whether it was scoring, finding a teammate. It was really impressive to see.”
Reach for the salt shaker to take all this with — it’s training camp scrimmages. Maybe Zion is playing that well right now — he’s fully capable, he was almost an All-NBA player in 2020-21 (eighth in forward voting) before his foot injury — but we need to see it against other teams. In games that matter. Then we’ll need to see it over a stretch of time.
If Zion can stay healthy this season, if his conditioning is where everyone says it is, he could be in for a monster season. Combine that with CJ McCollum, Brandon Ingram and a strong supporting cast in New Orleans, and the Pelicans could surprise a lot of people — and be fun to watch.
NBA training camps just opened and teams have yet to play a preseason game, but already two contenders are dealing with problems.
The Celtics have the suspension of coach Ime Udoka as a distraction, plus defensive anchor center Robert Williams will miss at least the start of the season following another knee surgery.
The Suns have the distraction of a suspended owner who is selling the team, plus Jae Crowder is out and demanding a trade, and Deandre Ayton does not seem happy.
Corey Robinson of NBC Sports and myself go through all the training camp news, including the wilder ones with the Lakers and Nets, breaking down what to take away from all that — plus how good Zion Williamson and James Harden look physically.
Then the pair discusses the potential of the NBA doing away with the one-and-done role and letting 18-year-olds back in the game — is that good for the NBA?
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In 2004, Robert Sarver bought the Phoenix Suns for a then-record $401 million.
When Sarver sells the team now — pushed to do so following the backlash prompted by an NBA report that found an 18-year pattern of bigotry, misogyny, and a toxic workplace — he is going to make a massive profit.
The value of the Suns now is at $3 billion or higher, reports Ramona Shelburne and Baxter Holmes of ESPN.
There will be no shortage of bidders for the team, with league sources predicting a franchise valuation of more than $3 billion now that revenue has rebounded following the height of the COVID-19 pandemic and with a new television rights deal and CBA on the horizon. Sarver purchased the team for just over $400 million in 2004.
Saver currently owns 35% of the Suns (the largest share), but reports say his role as managing partner allows him to sell the entire team (the minority owners have to comply, although they would make a healthy profit, too). Sarver also decides who to sell the team to, not the NBA or other owners.
Early rumors of buyers have included Larry Ellison (founder of Oracle), Bob Iger (former Disney CEO), Laurene Powell Jobs (widow of Apple co-founder Steve Jobs, she has a 20% share of the Washington Wizards), and others. There have been no reports of talks yet, and Sarver does not need to be on a rushed timeline.
Meanwhile, a contending Suns team tries to focus on the season despite the owner selling the team, Jae Crowder not being in training camp and pushing for a trade, and Deandre Ayton does not sound happy to be back with the Suns.