New Warriors owners not sure how they outbid Larry Ellison either

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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.

Grizzlies sign second-round pick Jevon Carter to multiyear contract

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MEMPHIS, Tenn. (AP) — The Memphis Grizzlies have signed second-round pick Jevon Carter to a multiyear deal.

Terms of the contract announced Sunday were not disclosed, but Carter himself confirmed the deal.

Carter has impressed at NBA Summer League in Las Vegas and in Utah. His dogged, aggressive defense has slowed players — Trae Young had some of his worst games against Carter — and on offense his game has improved, including him dropping 26 points on the Jazz recently.

Carter was taken with the No. 32 pick after winning the Naismith defensive player of the year last season at West Virginia. The point guard was second in the nation with 3.03 steals per game and is the Mountaineers’ career leader in that category.

“Ray Allen from long distance” with chip shot to save par at American Century Classic

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“Ray Allen from long distance, how many times have we said that?”

Ray Allen had a good weekend at the American Century Championships, the former NBA sharpshooter and future Hall of Famer finished third in the celebrity golf event. One of the reasons he was there, this chip shot on 13 Sunday.

Former Cowboy’s quarterback Tony Romo won the event, with former MLB pitcher Mark Mulder was second.

LeBron James sits courtside for Lakers’ Summer League win

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There are two, maybe three guys playing for the Lakers in Summer League likely to be sharing a locker room with LeBron James next season — Isaac Bonga and Josh Hart, with maybe Sviatoslav Mykhailiuk and/or Alex Caruso. Only Hart could see the court much.

LeBron was still courtside on Sunday for a quarterfinal game at Summer League, showing his support and being a good teammate. He gave Hart a hug on the court. Brandon Ingram stopped by and talked with LeBron for a bit.

LeBron watched the Lakers continue their strong run through the Summer League, racking up a 101-78 win. LeBron was into it, when Mykhailiuk took a shot midway through the first quarter LeBron yelled, ‘cash only!”  The shot was nothing but net.

The Lakers are on to the Summer League semifinals. Los Angeles won the Vegas Summer League last year.

 

After losing to his father in golf, Stephen Curry leaps into Lake Tahoe

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Golf fanatic Stephen Curry was clearly enjoying himself on the links at the American Century Championship celebrity golf event in Lake Tahoe this past weekend.

But he couldn’t beat his father, Dell.

The price? Curry (and his caddy) had to jump in the lake. Check out the video above.

For the record, Tony Romo won the event.