Report: Talks underway to sell Atlanta Hawks

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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 The San Diego Arena where the Clippers played was outdated when they moved in the mid-80s.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.

Bulls sign Shaquille Harrison, waive Omer Asik

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Kris Dunn, the Bulls’ clear top point guard, has yet to play this season due the birth of his child. Even when he returns, Chicago’s other point guards – Cameron Payne, Ryan Arcidiacono, Tyler Ulis – are uninspiring, even as backups.

So, the Bulls added Shaquille Harrison, whom the Suns waived after agreeing to sign Jamal Crawford.

Bulls release:

The Chicago Bulls have signed guard Shaquille Harrison.

In a preceding move, the Bulls waived center Omer Asik.

Harrison is a nice pickup, one of the better free agents available and someone who plays a position of need. The Bulls could use several swings at finding long-term point guards, and the 25-year-old Harrison is a potential fit.

Waiving Asik is an interesting move. Asik was injured, and this could end the 32-year-old’s career. But Chicago loses the ability to trade his contract. Just $3 million of Asik’s $11,977,527 2019-20 salary was guaranteed, which could have been useful in a salary-accepting trade.

Instead, Asik will count $11,286,516 against the cap this season and $3 million after that. The Bulls can either pay the entire $3 million next season or stretch it to $1 million each of the next three seasons. Stretching the money would indicate Chicago still plants to be aggressive in free agency next summer. Paying all it once would suggest a more patient rebuild.

Report: Darius Bazley, who’s sitting out awaiting draft, receives $1 million guaranteed on shoe contract

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Negotiations on lowering the NBA’s age limit have stalled, though there’s plenty of time to negotiate before the targeted allowance of high school players declaring for the draft in 2022.

In the meantime, the NBA’s minor league will soon offer $125,000 salaries to 18-year-olds – up from the standard G League salary of $35,000. Will players sign those Select Contracts rather than playing college basketball, which comes with cartel-limited compensation?

Darius Bazley – who committed to Syracuse, planned to play in the NBA’s minor league then decided to sit out the upcoming season – could provide an illuminating test case. Represented by Rich Paul, Bazley signed an endorsement deal with New Balance.

Marc Stein of The New York Times:

According to Paul, Bazley’s multiyear deal will pay him $1 million “no matter what happens” with his N.B.A. career — and can pay up to $14 million if he reaches all performance incentives.

That dwarfs even the increased minor-league salary. Bazley can receive that endorsement money because he no longer cares about preserving college eligibility. The same would apply to Select Contract players.

But the shoe company would become the primary employer. If the shoe company decides playing in the NBA’s minor-league for $125,000 offers the best return on investment, that’s what the player will do. If the shoe company decides the player is better off doing something else, the player will do that.

Bazley ranked just No. 17 in his class, per the 247 composite. He projects as a late first-rounder once draft-eligible next year. The money gets even bigger with more highly touted prospects.

College basketball remains the place that offers them the most exposure, and shoe companies might continue to funnel players there with under-the-table payments. That was no longer an option with Bazley, but this ought to serve as a reminder of who drives the money for elite 18-year-old players. It isn’t the G League.

Gary Harris can’t contain smirk after getting away with fouling Kevin Durant

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Gary Harris hit Kevin Durant‘s arm during the Nuggets’ 100-98 win over the Warriors yesterday. Except officials didn’t call a foul. They did call a technical foul on Durant for arguing about it, though.

Meanwhile, Harris made this fantastic face:

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When you hit your brother and your mom yells at him.

Report: Rajon Rondo’s girlfriend confronted Chris Paul’s wife in stands after on-court fight

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The longstanding tension between Rajon Rondo and Chris Paul boiled over with a fight during Saturday’s Rockets-Lakers game, including Rondo spitting on Paul.

The animosity apparently extended even further.

Sam Amick of The Athletic:

A heated Paul told teammates and coaches in the locker room afterward that Rondo’s girlfriend had sparked a verbal confrontation with Chris’ wife in the stands, according to sources.

Jonatan Feigen of the Houston Chronicle:

Lauren A. Jones of the Los Angeles Sentinel:

One person could see a shove when another person sees someone getting in someone’s face. There’s a fine line amidst chaos.

If Paul wasn’t talking about a shove after the game, I tend to think there wasn’t one.

Still, a verbal altercation alone is a lot here.