Report: Talks underway to sell Atlanta Hawks

3 Comments

It looks like the Atlanta Spirit — a consortium of owners for the Atlanta Hawks and NHL’s Thrashers — are getting out of the sports ownership business.

The Spirit is in talks to sell the Hawks and Phillips Arena to John Moores, the former San Diego Padres owner, according to the Atlanta Journal Constitution. These talks parallel the Spirit’s effort to sell the Thrashers to an ownership group out of Winnepeg.

Two people familiar with the situation, both of whom asked not to be identified because of the ongoing talks, told The Atlanta Journal-Constitution that the Spirit and outgoing San Diego Padres owner John Moores are in an exclusive negotiating period regarding the Hawks and the Philips Arena operating rights. Both people said a deal is not close and that it’s far from assured one will get done.

The exclusive negotiating period means the owners agreed not to pursue the sale of the Hawks to any other prospective purchaser for a prescribed period of time. It is not known when Moores’ exclusivity expires.

That sound you just heard was cheers going up from Hawks fans, who see the Spirit group as an impediment to success. This was a consortium of owners with different agendas (some just to cut costs) and that left general managers and others trying to sell and marshal support among various owners for the direction they wanted to go.

This will not end in the team being moved. San Diego does not have anywhere near an NBA-ready arena. The San Diego Arena where the Clippers played was outdated when they moved in the mid-80s. Also, Atlanta is the eighth-largest television market in the nation, San Diego is 28. The league is not looking to shrink right now.

Moores was generally seen as a good owner, according to Hardball Talk’s Craig Calcaterra. He stayed out of the baseball side of operations and largely out of the spotlight. He spent when the Padres had a chance to be good. He got San Diego’s beautiful new PETCO Park built downtown. He’d still own the team if a messy divorce had not forced him to sell. (What is it with messy divorces and MLB owners in Southern California? Taking cues from the governor?)

Forbes estimates the worth of the Hawks to be $295 million, that is without Phillips Arena, which is part of this negotiation. The Spirit recently refinanced $123 million of debt on the arena (and the team is no longer collateral on that debt). The team is estimated to have lost $7.3 million last season.

Bottom line, this may be a long ways off but it is reason to hope. Moores would be an upgrade to the current ownership group. This would be good for the Hawks.

Ben Simmons reverses course, withdraws from Australia’s Word Cup squad

Vaughn Ridley/Getty Images
1 Comment

MELBOURNE, Australia (AP) — Ben Simmons‘ new contract extension with the Philadelphia 76ers came with bad news for Australian basketball fans: The Melbourne-born NBA All-star won’t play for the Boomers at the World Cup.

Hours after Simmons and the 76ers agreed to a $170 million, five-year contract extension on Tuesday, Simmons said he preferred to spend time with his new teammates in September instead of travelling to China for the Aug. 31-Sept. 15 World Cup.

“I wanted to let everyone know that after consulting with my representation, I’ve made the difficult decision to forego playing in the World Cup in China,” Simmons said in a statement.

“Ultimately, we decided it was best that I use the time in September to return to Philadelphia to acquaint myself with my new teammates and prepare for the upcoming NBA season.”

Simmons had been selected for Australia’s World Cup squad and had earlier indicated he planned to play the tournament in China.

He now plans to play only for the Boomers in two exhibition games against the United States in Melbourne on Aug. 22 and 24 at a stadium that is expected to be sold out – 50,000 fans – for each game. He also said the Olympics next year in Tokyo remain on his schedule.

“I will still be heading back home to Australia to host my camps as well as train and play with the Boomers in the upcoming exhibition games,” Simmons said. “I’m really excited about the talent we have on the Boomers squad, especially moving closer to 2020 where I will be honored and humbled to represent my country on the world’s biggest sporting stage at the Olympics in Tokyo.”

Simmons was the No. 1 overall draft pick in 2016. He made his NBA debut in the 2017-18 season and was the Rookie of the Year. He was an All-Star for the first time last season. He has averaged 16.4 points, 8.5 rebounds and 7.9 assists in his two seasons.

Australia’s World Cup lineup is set to feature San Antonio’s Patty Mills, Joe Ingles of Utah Jazz, Phoenix center Aron Baynes, Cleveland’s Matthew Dellavedova, former No. 1 draft pick Andrew Bogut, Detroit center-forward Thon Maker and Simmons’ 76ers teammate Jonah Bolden.

 

Just a reminder, after draft and free agency Wizards have still not named official GM

Rob Carr/Getty Images
Leave a comment

When Wizards owner Ted Leonsis finally ended Ernie Grunfeld’s run as team GM back in April — to the joy of Wizards fans everywhere — it was expected they would have a new head of basketball operations in place by the draft.

Nope.

So by the start of free agency, to guide the Wizards through this tumultuous summer?

Nope.

Tommy Sheppard has been doing the job on an interim basis, and as Jeff Zillgit of the USA Today points out a lot of league talk in Las Vegas was about why Leonsis just hasn’t given Shepard the job.

Team executive after executive had the same question when the Washington Wizards’ unresolved top front-office job opening came up. “Why not just give Tommy the job?”

Tommy is Tommy Sheppard, the Wizards’ longtime exec, who has been running basketball operations since owner Ted Leonsis decided not to bring Ernie Grunfeld back. Sheppard ran the draft, free agency and the Wizards’ Summer League team, but he doesn’t have the full-time job.

A couple of more prominent names were linked to the Wizards job at points. There were reportedly talks with Tim Conley, who built Denver into a real threat, but he decided to stay in the Rockies. There were rumors of Masai Ujiri, but he has chosen to stay in Toronto after winning a title.

At this point, after Sheppard has built the team for this coming season, is Leonsis really going to bring in someone else?

The Wizards have decisions to make. This is a young roster not ready to be a threat in the East, but with Bradley Beal and the injured John Wall (likely out for the season after tearing his Achilles), they also are capped out. So far they have turned away calls from other teams about a Beal trade (nobody is calling about a Wall trade with his max contract extension just kicking in).

Come July 26 the Wizards can offer Beal a three-year, $111 million extension, both sides are talking and the offer is expected to be made. That’s when the big decision comes — if Beal doesn’t sign that offer the Wizards have to look at trading him. Beal has spoken numerous times in the past about wanting to stay with the Wizards, but there was plenty of informed league speculation at Summer League that he is frustrated with the franchise and may not sign the extension, essentially forcing his way out. It’s something to watch in the coming weeks.

It probably would be nice to have a locked-in head of basketball operations by then, but who knows what Leonsis will do.

Cameron Payne reportedly agrees to partially-guaranteed contract with Toronto

Getty Images
1 Comment

Cameron Payne was the starting point guard at one point early in the season in Chicago (until Kris Dunn returned), it didn’t last long, and by the middle of the season he was waived. The Cavaliers picked him up in a limited role at the end of the season.

Payne played for Dallas at Summer League and needed to impress there to have a shot a roster spot for next season. He did, averaging 20 points per game on 51 percent shooting, and he had one 32-point game.

The Toronto Raptors will bring Payne and let him compete to be the third point guard, reports Shams Charania of The Athletic.

The Raptors have Kyle Lowry and Fred VanVleet at the point, there are not a lot of minutes to be had there. However, both men are in the final year of their contracts. Plus, he brings some pregame dancing that every team needs.

The Raptors now have 16 potential NBA contracts coming into training camp, which means there will be cuts. The fact Payne has a decent guarantee his first year means he’s going to get a real look.

Payne, the No. 14 pick of the Thunder back in 2015, has struggled to find a fit in the NBA. While his skill set should fit the modern game, he doesn’t quite shoot or distribute well enough to earn a coach’s trust. He will try to change that with Nick Nurse.

Enes Kanter trolls (jokingly) Kyrie Irving on why Kanter will wear No. 11 with Boston

Getty Images
1 Comment

Kyrie Irving is off to Brooklyn, which opened up the No. 11 jersey in Boston.

New Celtics center Enes Kanter will wear it, and his answer as to why is an awesome joke and troll of Irving.

You have to love the smile before he makes the joke, he has planned this out.

If you don’t get the “I want to be the reason no one else will” wear No. 11, you have to remember this Irving/Nike ad from Boston.

Well played Kanter, well played.