There was a given going into the sale of the Warriors — if he wanted the team, Silicon Valley mogul Larry Ellison could win the auction. Easy. You know how rich Nets owner Mikhail Prokhorov is? Trail Blazer owner Paul Allen (he of the ground floor of Microsoft)? Ellison is worth more than both of them combined.
And it was assumed Larry Ellison wanted the Warriors, he had expressed interest before.
But at the end of the bidding, Joseph Lacob and Peter Guber came out with the team after a $450 million bid. NBA.com’s Scott Howard Cooper asked them how that happened, and, well, they don’t know either.
“We heard all that too, and we even thought that,” Lacob admitted, laughing. “I remember Peter and I talking about this during the process. We said, ‘We can’t really worry about him. We just have to do what we think is right. We have to do our homework, we have to bid at the appropriate time, we have to bid the right amount, we have to do our due diligence properly, and we just stay in the game because you never know what’s going to happen….”
“The truth is, in the end, who’s to say why. Larry could have had the team probably at any time by just writing a bigger check. And he certainly could afford to do that. I really don’t know why he didn’t do that. Maybe it’s one of these things where you just don’t think the other guys are real in a bidding process. We were a little bit under the radar. We just stayed in there and did our thing. I guess the one thing I would say is that when it came down to it and we knew we had it, or were very close to having it, we did do one thing that was rather unusual. We signed a letter of intent. Then it usually takes a couple months to do what’s called a complete purchase-and-sale agreement. We went and did that in a period of about 72 hours. Completely. Nonstop. Without sleeping. With our lawyers. We knew that they, or he, or whoever – we didn’t know who the competitor was – would try to come in over the top at the end. It’s an auction process. We just said, ‘We’re going to be done before they ever get there.’
Ellison did try to come in with a bigger offer after the bidding process ended, but that didn’t work. Selling owner Chris Cohan stuck with his process. And there you go.
We don’t know how good Lacob and Guber will turn out to be as owners. Better than Cohan, one could hope (one playoff appearance in 16 years). Owners who stuck with a plan and beat the big gun out sound like just the perfect guys to take over in the Bay Area.
Milwaukee Bucks star Khris Middleton has been the subject of much discussion around the NBA, both as a potential trade target and as a free agent signing in the summer of 2019. Middleton is a crucial part of a Milwaukee lineup that needs his presence on the wing, and externally there appears to be some pressure on the Bucks to win this season with some uncertainty surrounding Middleton return next year.
Middleton has a player option for next season, and Eric Bledsoe is also in need of a new deal. However, thanks to the contracts of Giannis Antetokounmpo, George Hill, and Tony Snell, it’s going to take some fancy to financial footwork for Milwaukee to keep both of their star guards.
Still, the smart thing for the Bucks to do would be to re-sign Middleton if they can and keep this core together. Milwaukee should want to avoid a backslide into the years prior, where mediocre talent surrounded a rising Antetokounmpo.
According to a new report from Yahoo Sports, at least one Bucks official says they are going to try to do everything they can to keep Middleton in Wisconsin.
The Bucks feel Middleton can fill that role and should he opt out to hit free agency, a Bucks official told Yahoo Sports: “We’re gonna do everything we can to keep him.”
That quote doesn’t necessarily mean that Milwaukee is going to stretch past a financial limit they set for themselves to sign Middleton. “Everything they can” might be going up to a certain limit and trying to convince Middleton to take the deal in order to build something in Milwaukee.
Middleton will have plenty of suitors, and many expect teams like the Los Angeles Lakers will come calling with big offers this summer. For now the Bucks remain one of the best teams in the NBA and have the second best record in the Eastern Conference, and Middleton is a crucial reason why.
The Cleveland Cavaliers are not a good basketball team. Heading into Tuesday night’s game against the Indiana Pacers, LeBron James’ former squad had just seven wins.
Enter Larry Nance.
Where’s the Cavaliers down by one point with nine seconds to go in the fourth quarter, Rodney Hood took it upon himself to take what he thought would be the last shot for Cleveland. Hood danced around the defense before finally taking a jumper from the free-throw line, which bounced softly off the rim.
Nance, battling down low for the rebound, worked his way free for a tip-in as time expired.
There’s not much to cheer for in Cleveland this season but that’s a fun way to win a basketball game.
What counts as collusion these days in the NBA? What counts as tampering? It’s hard to say, but the league office takes a look at each and every comment like the one LeBron James made on Tuesday about New Orleans Pelicans big man Anthony Davis.
Speaking to ESPN’s Dave McMenamin, James said it would be incredible if Davis were somehow able to make his way onto the Los Angeles Lakers. This slots into the rumor around the NBA that LA is stockpiling its young core to be able to trade for a player like Davis.
Here’s the quote from LeBron, via ESPN:
“That would be amazing,” James told ESPN on Tuesday before the Lakers’ 115-110 loss to the Brooklyn Nets. “That would be amazing, like, duh. That would be incredible.”
There’s nothing much here that LeBron said that isn’t factual. Davis is a 5-time All-Star and one of the best players in the NBA, a unicorn not unlike LeBron himself.
The NBA is certainly hoping that the Lakers can get their act together and put a powerhouse around James at Staples Center. How he does it is up for debate, although making comments about current players probably isn’t the best idea. James has been able to keep his mouth shut for the most part, but perhaps talk of Davis is just too tempting.
Did James Harden travel on Monday night? Obviously.
But was Harden called for a travel by officials? No. At least, not at first.
Video of Harden’s ridiculous shuffle was circulated on social media after the Houston Rockets beat the Utah Jazz, 102-97. Harden was asked about the move by media, and said that he wasn’t going to tell on himself, which is fair enough.
On Tuesday the official NBA referee Twitter page decided to comment on the play at hand, admitting that they had made a mistake and had missed a travel.
Having a Twitter account hasn’t always worked out for the NBRA. Their explanations of what many would consider to be violations have often stood in the face of common sense. To that end, they’ve sometimes been mocked on social media, which is against their goal of having the social channel in the first place. But this play with Harden was a particular sore subject with fans around the league, and it was right of them in to make a comment.
At least they got it right.