Kings Arena Update: Kevin Johnson working with Ron Burkle’s right hand man

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The Sacramento Kings arena saga took an interesting turn on Wednesday when it was announced that the Maloof family had given up majority ownership of the Palms Casino after a “recapitalization agreement” with their main creditors, TPG Capital and Leonard Green and Partners. The deal reduces the Maloof’s ownership from about 80 percent to 10-20 percent, but the Maloofs will continue to operate the casino.

The recapitalization agreement doesn’t come out of nowhere, however, as Bloomberg News and many Las Vegas outlets reported in January that there was a strong chance that this would happen, though the Maloofs refused to acknowledge that they would sell or that the Palms was in trouble.

Meanwhile, on Monday, Mayor Kevin Johnson announced the identities of the 70-person Here We Build committee, named after the grassroots movements created by Blake Ellington of #HereWeStay, and modified into #HereWeBuild when local radio personality Carmichael Dave created a pledge drive for the ages.

And if you’re a fan of political and financial All Star teams, you probably want to stand in line to get your briefcase autographed.

Headlining the committee as co-chairs are California Senate President pro Tempore Darrell Steinberg and California State Senator Ted Gaines, though the big heavy hitters here include the guy whose feasibility study is being used as Sacramento’s blueprint, David Taylor, and political heavyweight Darius Anderson, who presented to the NBA Board of Governors back in April when the Maloofs applied their full court press to move the Kings down to Anaheim.

As for Taylor, his ICON Venue Group is partially owned by sports facility giant Anschultz Entertainment Group (AEG), who has the money and wherewithal to quickly implement a time-sensitive, politically driven arena project, though there have been no public statements made to the effect that they are on board in an official capacity for now.

Anderson’s inclusion is the largest elephant in the room, however, since he is a close advisor to none other than billionaire Ron Burkle, who was reportedly interested in buying the Kings back in April.

It was this interest that created the most quotable moment in the saga to date, when NBA insider Sam Amick reported that Commissioner David Stern made a wise crack saying K.J. was bringing him a “used car dealer,” but upon learning that the billionaire was interested in buying the Kings he grew quiet and then said, “You’ve got Burkle?”

Burkle was recently ranked No. 347 by Forbes among the world’s richest billionaires, and he built his empire in the grocery industry, parlaying several successful deals into a massive financial empire across many industries.

When the Maloofs were confronted with news of Burkle’s interest in buying the Kings at the NBA Board of Governors meetings in April (a move they claimed to have rebuffed a month earlier), they were outwardly angry and they insisted that their team was not for sale. Stern would eventually echo those sentiments by downplaying a potential purchase by Burkle, and since then Burkle’s name has fallen out of the Kings’ news cycle.

But that doesn’t necessarily mean he has stopped flirting with professional sports. Burkle, also a part owner of the Pittsburgh Penguins, has reportedly joined up with Dodger great Steve Garvey to form a group interested in purchasing the struggling Dodgers franchise. This follows his attempts to buy the Pittsburgh Pirates and Washington Nationals, and if you go back to 1999, his failed attempt to bring football to L.A. with, wait for it, AEG’s Tom Leiweke.

Incidentally (or not), AEG attempted to lure Burkle’s Penguins from Pittsburgh to Kansas City, and after that failed, AEG would later help Kansas City pass a public-private ballot measure to build the now-thriving Sprint Center that returns the city significant revenue based solely on concerts and events.

And just when it appeared that Burkle was falling off the Kings’ radar, a May 18 report came out of Las Vegas from none other than Lifestyles of the Rich and Famous host Robin Leach, who wrote that Burkle “insists on re-entering the Las Vegas market.” After the company Burkle bought shares in, the Morgan Hotel Group (MHG), failed to turn around their struggling Hard Rock Café property – it was sold off to creditors in March, much to the chagrin of Burkle, apparently.

Afterward, Burkle upped his ownership stake in MHB to approximately 30 percent and installed his guy, Michael Gross, as CEO.

At least one investment banking group, Jeffries, believes they intend to grow the company rather than sell it. Leach, who may not appear on the outset to be the best source of financial news, has spent the last 10 years on the Las Vegas industry news beat, and goes on to write that Burkle and his Morgan Hotel Group have “been actively kicking the tires, examining facilities and asking tough questions of a hotel group (in Las Vegas) willing to sell off one of its properties.”

Wait. Didn’t the Maloofs just sell? Yes they did – to two separate private equity firms in Leonard Green and TPG Capital. TPG owns Caesars Entertainment and would theoretically take over the Palms, but Leonard Green has also been trying to buy up gambling entities while the gambling industry is bottoming out – so it’s still anybody’s guess what the end-game is over at the Palms.

Let’s be clear – Leonard Green isn’t Burkle, and Burkle isn’t Leonard Green, but maybe Burkle is Finkle and Einhorn is a man.

Leonard Green and Burkle’s investment firm, Yucaipa Companies, both bought large portions of the grocer Whole Foods in 2009. And in 1991, Burkle sold his Almac’s grocery stores to Leonard Green for $75 million. All the while, both have been extremely active investing funds for the California Public Employees Retirement System over the last two decades. Surely it’s possible that in the elite rungs of society, where the billionaires play Kevin Bacon’s Six Degrees of Separation game with themselves all the time, that any interaction between the two entities is purely coincidental.

But just to be sure, I may have to go down to the Palms this Wednesday when Burkle will reportedly be there to celebrate the NHL awards and ask him about it myself.

The Maloofs, for their part, are not publicly tipping their hand regarding the involvement of Darius Anderson. George Maloof recently told Dale Kasler (via Ryan Lillis) of the Sacramento Bee that Anderson’s involvement in the committee “doesn’t give me any thoughts or concerns.”

As for the state of the funding hunt taking place in Sacramento, the jury is still out whether the $400 million wiped off the books at the Palms will allow the Maloofs to bring more money to the table for a new Entertainment and Sports Complex (ESC), though that doesn’t mean they should have to. After all, as reported yesterday, Anaheim is going forward with improvements on the Honda Center and is welcoming the Kings with a shiny new credit card. Besides, it’s entirely possible the new financial flexibility could be funneled back into the Palms, though pumping up your newly divested asset with freed up funds doesn’t sound like ‘Plan A’ for cash-strapped NBA owners looking to fund an arena.

Regardless, the Maloofs have said that they would contribute toward funding the ESC, so this would appear on the surface to give them better flexibility in doing so.

The 70-person Here We Build committee, meanwhile, consists of every expert, partner, planner, lawyer, community leader, and politician that would be needed to complete an endeavor of such magnitude. According to a source close to the situation, the NBA has also “firmly planted their feet in Sacramento,” and has “sent their best lieutenants to work day and night to get an arena built.”

Numbers-wise, the commission has enlisted the services of at least three well-respected consultancies to review the economic impact of the undertaking, which according to well-placed sources will show enough tax revenue and job creation to not just justify the new Entertainment and Sports Center – but also give political cover to the various bodies that will need to approve the proposal.

What this means, the source says, is that the tenor of the discussion in Sacramento has changed from ‘we don’t want to pay for this’ to ‘we need to pay for this, as it may very well be the difference between economic revival and economic disaster.’ And while there will certainly be skeptics and opposition groups that may choose to latch onto the issue, they could be committing political suicide as the Here We Build committee continues to release positive economic findings.

What does it all mean? It’s hard to say anything definitive right now. But while Kevin Johnson orchestrates his regional dream team, the powerful triad of Darius Anderson, the ICON-David Taylor group, and the NBA are knee deep in the fight to keep the team in Sacramento. And whether or not AEG or Ron Burkle can come along for the ride, the amount of firepower in Sacramento right now is big news for Kings fans.

Update (Saturday, June 18, 2011): The Sacramento Bee reports that the Maloofs will own just two percent of the Palms, according to regulatory documents.  They could have the option to buy back a significant share, up to 20 percent, and in the meantime TPG and Leonard Green will each own a 49 percent of the company.

On the surface, this would strengthen the chance that the Maloofs are freeing up funds to contribute toward Sacramento’s proposed Entertainment and Sports Center.  As for TPG and Leonard Green, the fact that the pair would have matching 49 percent shares creates an interesting dynamic, whereby each company could have the same voting rights (with the Maloofs holding a tie-breaking vote).

Watch Irving score 24 in Dallas debut, lead Mavericks past Clippers

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LOS ANGELES (AP) — Kyrie Irving came out charging in his Dallas debut, keying a big run to open the game and sparking his new teammates in front of a cheering Luka Doncic on the bench.

Irving scored 24 points and the Mavericks never trailed in beating the Los Angeles Clippers 110-104 on Wednesday night.

“It felt good to get this debut out of the way,” Irving said. “It’s just been a long 96 hours, barely any sleep sometimes. It’s the first time I ever got traded in the middle of the season, so it was new for me, but I’m excited that I’m here.”

With Doncic still sidelined by injury, Irving meshed well with his young teammates just three days after the eight-time All-Star was traded from the Brooklyn Nets. He was part of a 13-0 spurt early in the game, scoring eight points on a jumper and back-to-back 3-pointers.

“The most important thing that we stressed as a team was just don’t force the ball to me. We just want to play natural basketball,” Irving said. “You don’t always have to come to me. You can play off me, I can play off the ball, I can cut.”

Irving had four rebounds and five assists in 37 minutes of what amounted to a dress rehearsal before Doncic returns to give the Mavs a powerhouse backcourt. Irving was greeted with cheers and a boy holding a sign welcoming him to the team when he was introduced as part of the starting lineup.

“I’m sure when number 77 gets back it’ll be even more enjoyable to see and play out there,” Irving said.

Early in the fourth, Irving fouled Paul George. A Clippers fan yelled to him, “I love you, but that was a flagrant.” Irving laughed and shook his head no.

Former Clipper Reggie Bullock scored 15 of his 18 points in the first quarter against his old team. All five Dallas starters reached double figures.

Norman Powell scored 24 points and Terance Mann added 21 for the Clippers, whose two-game winning streak ended. George added 20 points. Kawhi Leonard, who had two points in the first half, finished with 18.

Coming off a 4-2 road trip, the Clippers trailed by 19 in the first quarter.

“Ky just had that bounce and that mentality that I’m going to show what I can do and make my presence felt right away,” George said. “You felt it the second they got into their first possession, just his motor.”

The Mavs scored 41 points in the opening quarter while shooting 60% from the floor. They outscored the Clippers 21-9 to start the game, propelled by Irving’s offense.

“He makes things look easy,” Mavs coach Jason Kidd said. “The comfort level he feels with us, you could see it in the game. He is at peace with his basketball game.”

The Clippers made a run at the lead in the third. Leonard ignited a 20-10 spurt by scoring 11 in a row to pull them to 79-78. Josh Green‘s basket kept the Mavs ahead 81-78 going into the fourth.

The Mavs quickly stretched their lead to 10 points in the fourth. The Clippers got within five four times but the Mavs held them off.

The Clippers cut their deficit to 60-52 at halftime after outscoring Dallas 27-19 in the second period.

Leonard had two points and George had 10 in the first half when they combined to shoot 5 of 14.

Nets blow it up, reportedly trade Kevin Durant to Suns

NBA: JAN 04 Nets at Bulls
Melissa Tamez/Icon Sportswire via Getty Images
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It took years, but starting in 2016 general manager Sean Marks and coach Kenny Atkinson began to transform the Nets from the worst situation in the NBA — a 21-win team that had traded away most of its draft assets — into a playoff roster and culture that, by the summer of 2019, Kevin Durant and Kyrie Irving wanted to join. Brooklyn jumped at the chance and turned the keys to the franchise over to its superstars, brought in James Harden at great cost and…

Wednesday night the Durant/Irving era and experiment in Brooklyn came to an unceremonious and sudden end — crushed under egos and the weight of its own expectations — with just one playoff series win in four years to show for it.

The Nets are trading Kevin Durant and T.J. Warren to the Phoenix Suns for Mikal Bridges, Jae Crowder, Cameron Johnson, four first-round picks (2023, 2025, 2027, 2029) and one pick swap (2028), according to multiple reports.

Despite how massive a trade this is, it came together quickly in the wake of Brooklyn trading Kyrie Irving to the Mavericks a couple of before. It was a bold stroke for new Suns owner Mat Ishbia, who has had control of the team for a couple of days but promised more aggressive moves. It caught the players in the deal by surprise.

The trades of Durant and Irving are a seismic shift for Brooklyn, which entered this season hoping to contend for a title, and that winning would cure the ills of a summer where both superstars had asked for trades (Harden forced his way out a year ago). There wasn’t near enough winning to bridge the chasm of issues with this team. The drama was there from Day 1 as the Nets started 2-6, Irving was suspended over a social media Tweet promoting a film with anti-semitic themes, coach Steve Nash was fired, and the tension between Irving and management never went away (particularly with Irving not getting the max contract extension he wanted). Durant watched all this and had grown unhappy and frustrated with the franchise’s direction. 

Between the two trades, the Nets end up with enough picks and quality role players that will interest other teams to start a massive rebuilding project, one that at least starts for Marks in a better place than he was in 2016. But the Nets become a cautionary tale for teams adding talent and forsaking team culture, assuming it will all work out.

Durant to the Suns instantly changes the championship picture in a West where no team has looked dominant.

The Suns — with Durant and Devin Booker, Chris Paul and Deandre Ayton — have to be considered one of the favorites in the West. If not THE favorite. Durant changes the balance of power that much (he was playing at an MP-level before a fluke knee injury, averaging 29.7 points and 6.7 rebounds a game. GM James Jones and the front office have work to do rounding out the roster after trading most of their best role players away to land KD, but Phoenix now has star power that few teams in the NBA can match.

This is the definition of a blockbuster trade, one that shifts who we consider contenders in the NBA.

 

 

NBA trade deadline tracker: latest news, rumors, deals

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Things are going to get insane in the run-up to the NBA trade deadline, at 3 p.m. Eastern on Thursday. There’s already been a blockbuster Kyrie Irving trade to Dallas, which will spawn other deals, and every team is looking for upgrades large or small. The Lakers made their bold move. What contenders will deepen their bench, and what teams will pivot toward the Victor Wembanyama sweepstakes? We will have all the latest NBA rumors, news, and any deals that get done in one place. It’s going to get wild, sit back and enjoy the ride.

Feb.9, 2:45 A.M.: Could Durant trade lead to O.G. Anunoby trade?

• Interesting note from Adrian Wojnarowski of ESPN: With Kevin Durant now in the Western Conference, it could pressure other teams in the conference to up their offers for the Raptors O.G. Anunoby or others who might help defend Durant.

• Yes, with Durant and Irving out the door the Nets have been talking to teams about a possible Ben Simmons trade, according to Ian Begley of SNY.TV. Good luck with that. After Simmons recent play, NBC Sports was told by a source there is no market for him and the Nets would need to attach a sweetener to get a deal done.

TRADE: Kevin Durant traded to Phoenix Suns

Suns receive: Kevin Durant
Nets receive: Mikal Bridges, Jae Crowder, Cameron Johnson, four first-round picks (2023, ’25, ’27’ and ’29) plus one pick swap in 2028)
Analysis: HOLY S$%@#!

When Kyrie Irving was traded to Dallas, any chance of the Nets contending for a title this season walked out the door with him (despite the Nets publicly posturing they would try to build a winner around Durant). The expectation was that KD would put his trade demand back on the table over the summer, when the biggest deals tend to get done.

Not this time. New Phoenix owner Mat Ishbia said his Suns would be aggressive — and were they ever, pulling off an all-time move at the trade deadline.

Durant paired with Devin Booker, not to mention an aging but still valuable Chris Paul, turns the Suns into possible favorites to come out of the West. As long as the core guys can stay healthy. The Suns just forced their championship window open for a couple of more seasons with this trade, although the front office has work to do rounding out the roster.

In Brooklyn, the Durant and Kyrie Irving experiment ends in rapid fashion, unable to survive the weight of its own expectations, combined with injuries and the distractions of the circus it became. In the last two days, with this trade and the Irving trade, the Nets have restocked their draft assets and turned this into a rebuilding project, but one that gets a jump start.

TRADE: Spurs trade center Jakob Poeltl to Raptors

Raptors receive: Jakob Poeltl
Spurs receive: Khem Birch, protected 2024 first-round pick, two future second-round picks
Analysis: About the Raptors being sellers at the deadline… they might be buyers, instead.

This a move that signals Toronto is about to move away from the “everyone can switch everything” lineups where four starters were between 6’5″ and 6’9″, instead bringing in a traditional center in Poeltl who can provide rim protection and bulk inside the Raptors have lacked defensively, plus set picks and roll to the rim providing some vertical spacing on offense. It’s a good fit. It’s also a homecoming for Poeltl, who the Raptors drafted, developed then sent to San Antonio in the Kawhi Leonard trade.

The Spurs keep racking up good draft capital for their rebuild. The question is what are the protections on those picks, we do not have those details yet.

TRADE: Cam Reddish headed from New York to Portland

Knicks receive: Josh Hart
Trail Blazers receive: Cam Reddish, Svi Mykhailiuk, protected first-round pick
Analysis: Knicks fans, Jalen Brunson‘s reaction to finding out the news should tell you all you need to know.

Reddish was out of Tom Thibodeau’s rotation (it felt like he was out from Day 1), Hart is a rock-solid role player who can hit twos, defends, and helps at the guard spot the moment he walks in the door. He also has the league’s funkiest contract for next season: $12.9 million with player option but also non-guaranteed (either side could walk away). Hart was on the floor warming up for the Trail Blazers pregame when the news came down, he dapped up teammates and headed back to the locker room.

The big question: What are the protections on that first-round pick? Reddish is worth taking a flier on — and this opens up a lot more minutes for rookie Shaedon Sharpe — but for the Blazers this is about the pick.

Feb.8, 9:05 P.M.: A Josh Hart for cam Reddish swap?

• The Knicks and Trail Blazers have talked about a problems swap: Cam Reddish for Josh Hart, reports Ian Begley.

• The Spurs are expressing increasing interest in trading Jakob Poeltl before the deadline, according to Marc Stein. The Toronto Raptors are the most active team in trying to acquire him (a sign they may not be trading everyone away and tearing it down).

TRADE: Lakers find new home for Russell Westbrook in three-team trade

Lakers receive: D'Angelo Russell, Malik Beasley, Jarred Vanderbilt
Jazz receive: Russell Westbrook, Juan Toscano-Anderson, Damian Jones, Lakers 2027 first-round pick (1-4 protected)
Timberwolves receive: Mike Conley, Nickeil Alexander-Walker, second-round picks in 2024, 2025 and 2026

Analysis: This is a win for the Lakers, who suddenly look a lot better now than they did to start the season (putting shooting around LeBron James, what a novel concept). Russell is a better shooter than Westbrook (39.1% from 3 this season), and in recent weeks he has impressed playing off the ball as Minnesota turned more of the offense over to Anthony Edwards (a preview of life with LeBron James and Anthony Davis). Plus, Russell is in the final year of his contract, so the Lakers have flexibility this summer (and can re-sign him). Plus, Beasley brings more shooting and Vanderbilt brings versatile defense, is strong on the glass, can hit jumpers if he sets his feet, and is a player a lot of teams had their eye on.

Danny Ainge gets another high-value pick for the Jazz, but they just gave up a lot of assets for it. After the smart moves and big haul’s Ainge got this summer, they should have gotten more for the three good players they sent out. Utah is expected to buy out Westbrook and both the Clippers and Bulls reportedly have already expressed interest.

Conley is more of a pass-first point guard who should fit better in Minnesota than Russell, he can set up Edwards, Karl-Anthony Towns and Rudy Gobert. He’s the kind of floor general Minnesota needs. There’s a lot of chemistry work to do with the Timberwolves and Conley is an adult-in-the-room veteran who is expensive but might help this roster find its way.

Feb.8, 5:40 P.M.: The Lakers in talks to trade Russell Westbrook in three-team deal

• The Lakers may have found a way to move on from Russell Westbrook after all, a three-team trade that would send Westbrook and a draft pick (likely one of the Lakers first rounders in 2027 or 2029) to Utah, the Jazz would send Mike Conley to Minnesota, and the Timberwolves would send D’Angelo Russell back to the team that drafted him in the Lakers.

To make the numbers work (Conley makes about $25 million less than Westbrook) Malik Beasley and Jarred Vanderbilt need to be thrown in (or other players on the roster). Adrian Wojnarowski says the Lakers and Jazz like the deal and are set, but Minnesota is still talking to other teams about Russell to see if they can find a better deal.

A lot going on in this potential trade, but for the Lakers Russell would be an upgrade over Westbrook at this point in their careers (his game has matured, and would be a good fit next to LeBron James and Anthony Davis). Utah would buy out Westbrook, making him a free agent.

• The Knicks, along with the Cavaliers and Heat, are talking to Portland about a Josh Hart, reports Michael Scotto of Hoopshype. Coaches and front office people around the league love Hart’s versatility and solid play, but he’s going to opt out this summer and be a free agent, whoever trades for him has to be willing to pay up.

• Speaking of Sotto and the Suns, he aso also spoke with Deandre Ayton about what has been a challlenging this season. Here’s what Ayton had to say: “This is more like an adversity type of season for me to show them what type of player I truly am, and me sticking with it and blocking out all the noise and haters, and getting back to the thing I do best, being dominant.”

Feb.8, 2:28 P.M.: Sixers looking hare at Vanderbilt, but will they pay Ainge’s price?

• One of the hottest names on the trade market right now Jazz big man Jarred Vanderbilt, and the 76ers are at the front of the line according to Keith Pompey of the Philadelphia Inquirer. The Sixers are looking for versatile depth behind Joel Embiid, and Vanderbilt is absolutely available. The question is price, and you can be sure Danny Ainge in Utah is asking for way too much. The question is will he come down?

Also from Pompey, Nerlens Noel is likely the only Piston to get traded at the deadline. It continues to look less and less likely Bojan Bogdanovic will be sent to a new home by Feb. 9.

• Teams are still calling the Washington Wizards about Kyle Kuzma, and they are still getting shot down, according to Fred Katz at The Athletic. That’s not a surprise, when the Wizards traded Rui Hachimura to the Lakers, it was a signal they were willing to spend to keep Kuzma, who can be a free agent this summer (and will be). There has been some buzz from other teams they could poach Kuzma, which may or may not be true, but Washington is going to have to pay a lot — and maybe overpay a little — to keep him.

• Lakers coach Darvin Ham and guard Russell Westbrook had a brief but heated argument at halftime of the Lakers’ eventual loss to the Thunder on Monday, reports Adrian Wojnarowski of ESPN. Nobody was really focused on those two on Tuesday night anyway.

Feb.8, 11:30 A.M.: The Nets want to make moves to keep Durant, but not everyone wants to help them

• The Brooklyn Nets took the Mavericks’ trade package for Kyrie Irving in large part because it gave them players who could help them right now in Spencer Dinwiddie and Dorian Finney-Smith. Brooklyn isn’t done, they are working hard at the deadline to find other “win now” players who can help them be a playoff threat with Durant. However, teams interested in trading for KD this summer — and there are a lot of them — are not willing to help Brooklyn out, reports Brian Windhorst of ESPN said on the Hoop Collective podcast. There is a little gamesmanship going on as teams try to force the Nets into a tough spot and clear the path for Durant to demand a trade. Again.

• Add the Raptors to the Pelicans and Timberwolves as teams talking to the Nuggets about backup point guard Bones Hyland. He remains one of the two or three most likely players to be traded at the deadline.

• Speaking of the Raptors, they have talked to the Spurs about a trade for center Jakob Poeltl, according to Marc Stein. As he notes, that’s an interesting move because it is not a “let’s blow this thing up” move, that’s a “let’s retool and win now” move, which makes it less likely the Raptors move someone such as O.G. Anunoby.

• Sources have told NBC Sports that the Raptors are not looking to trade Pascal Siakam (or, at least not at this trade deadline). He is their best player, they either will retool around him or, if they do blow it up (unlikely but possible), they will want the kind of massive deal easier to get in the offseason than at the deadline.

• The Wizards, Raptors, and Celtics also are interested in Poeltl.

• Also from Marc Stein, the Magic are not looking to move Gary Harris, or at least they need to be blown away by an offer. Every young team needs a quality veteran or two in the locker room to teach them how to be NBA professionals, Harris is filling that role in Orlando.

Eric Gordon has been on the trade block since before the Avengers killed off Thanos (or, it feels that way), but this time it is likely he gets moved. The Suns and Clippers — two teams searching for guard help — are at the front of the line, according to Kelly Iko of The Athletic.

TRADE: It’s official: Nets Kessler Edwards to the Kings

Kings receive: Kessler Edwards
Nets receive: Cash, draft rights to David Michineau (who plays for Napoli Basket in Italy)

Analysis: As noted below when we first mentioned this trade could happen, this is a salary dump by the Nets, who free up a roster spot and $8 million in salary and tax. Edwards had fallen out of the Brooklyn rotation this season, but Sacramento gets a look at a young wing defender, reportedly sending him to their G-League team to get a little run and show what he can do. Edwards, a second-round pick (number 44 overall in 2021 out of Pepperdine), has a $1.9 million player option for next season.

Feb. 7, 8:05 P.M.: Warriors softening stance on trading James Wiseman

• It’s incredibly difficult to throw in the towel on a No.2 pick, and the Golden State Warriors rarely make in-season trades. However, with the defending champs hovering around .500 — and now without Stephen Curry for maybe a month — Golden State is softening its position on a possible James Wiseman trade, reports Anthony Slater at The Athletic. Same with Moses Moody, a developing young guard who can’t help the Warriors much this season. What are the Warriors looking for? Veterans who can help this season, at just about any position across the board.

• It’s not trade related but passing it along anyway: Kevin Durant will miss the All-Star Game due to his knee injury, the Nets announced. NBA Commissioner Adam Silver will appoint his replacement.

• Also being reported about All-Star weekend: the Trail Blazers’ Shaedon Sharpe has pulled out of the Dunk Contest.

Feb. 7, 4:10 P.M.: Don’t bet on a Durant trade at the deadline. This summer…

• We are very close to another trade, but it’s another cap space move primarily: The Nets will send second-year forward Kessler Edwards to the Kings in exchange for cash, reports both Shams Charnia at The Athletic and Adrian Wojnarowski at ESPN. The Kings, looking for defense, get a young wing defender they can roll the dice on, while the Nets open up a roster spot for future moves and save $8 million against the tax. Edwards showed some potential as a rookie, but in his second year (on a deeper Brooklyn team) he has been outside the rotation, and not impressed when he has gotten into games. He has a team option for $1.9 million next season. Edwards can veto the trade because of Bird Rights issues but is expected to approve it.

• It’s now official, Mat Ishbia has taken control of the Phoenix Suns organization. We don’t know what kind of owner Ishbia will be, but there is a sense he will spend more willingly and be more aggressive than the Robert Sarver regime – he reportedly is pushing for the team to make a splash at the trade deadline — which is good for Suns fans and the league. Plus, he will clean up the troubles in the organization that pushed Sarver out.

Feb. 7, 3:05 P.M.: Don’t bet on a Durant trade at the deadline. This summer…

• Kevin Durant and the Nets are talking about the long-term (and likely short-term) direction of the franchise, but Brooklyn is not making its other superstar available to teams, reports Adrian Wojnarowski of ESPN.

This provides details and is in line with what sources from other teams have told NBC Sports (and I have reported previously): They are under the impression the Nets are going to try and build a contender around KD this season, maybe including another deal or two, and try to convince him to stay. If Durant ends up on the move, it will be over the summer.

• The backup big man market is one of the most crowded at the trade deadline, but you can add another name to it: JaVale McGee. Dallas is looking to move on, according to Jake Fischer of Yahoo Sports.

• The Nuggets and Pistons are the teams talking to New York most recently about a Cam Reddish trade, according to Ian Begley of SNY.TV. Reddish remains one of the players most likely to be on the move by Thursday.

• Kyrie Irving practiced with the Mavericks today — he was the first player to the facilities — and is expected to make his debut with the team Wednesday night.

Feb. 7, 1:29 P.M.: Is potential of Durant on the move hurting Anunoby market?

• Interesting note from Jake Fischer at Yahoo Sports: While there are a lot of teams still interested in a trade for Raptors wing O.G. Anunoby — the Pelicans, Grizzlies, Knicks, Pacers, Trail Blazers, Lakers, Suns, and Nets are interested — a number of those teams would prioritize Kevin Durant if he puts his trade demand back on the table this summer. With that, said teams don’t want to give up too much for Anunoby now. The market is getting soft, Anunoby is a favorite of GM Masai Ujiri in Toronto, so maybe he stays put at the deadline.

• It’s far more likely the Raptors trade Fred VanVleet or Gary Trent Jr. at the deadline. VanVleet has become one of the most talked about names in the last few days. That said, the Raptors are listening to offers, at least.

• What are the Celtics looking to do at the trade deadline? Use their $5.9 million trade exception, reports friend-of-the-site Keith Smith.

• Also from Fischer at Yahoo: Mason Plumlee appears to be the Hornet most likely to be traded.

TRADE: Heat send Dewayne Dedmond to the Spurs

San Antonio receives: Dewayne Dedmon, 2028 Heat second-round pick
Heat receive: Cash

Analysis: This is a salary dump by the Heat, and it cost them a second-round pick. Maimi now has some room under the salary cap and two open roster spots, allowing them to bring in a player — via trade or the buyout market — and convert Orlando Johnson’s two-way contract to full-time, he has played well for them. The Spurs get a second-round pick and are expected to waive Dedmon, making him a free agent.

Feb. 7, 11:55 A.M.: Lakers interested in Conley and Beasley from Jazz

• After striking out on Irving, the Lakers are reportedly engaged in talks to send Russell Westbrook and both of the first-round picks they can trade (2027 and 2029) to Utah for Mike Conley and Malik Beasley, reports Tim MacMahon of ESPN. While the sides undoubtedly talked, that sounds like a rumor from the Jazz camp. The Lakers have hoarded those picks to swing for a home run, and with Conley declining this season at age 35 — and with a guaranteed $24 million on the books for next season eating up the Lakers’ cap space over the summer — this doesn’t sound like a move the Lakers would suddenly pivot and accept. The Jazz have rebuffed all offers for Conley so far, keeping the asking price high and banking on the desperation of buyers.

• The Chicago Bulls are at least listening to offers for defensive guard Alex Caruso, but they are reportedly keeping the price sky-high — two first-round picks. Don’t expect a deal, while Caruso brings value that’s a star-level asking price.

• This shouldn’t surprise anyone who has watched a minute of Brooklyn Nets basketball this season, but ESPN’s Bobby Marks says Ben Simmons has zero trade value right now. Also, the note on Durant being a summer move was something sources told NBC Sports and we wrote about previously.

• If the Miami Heat can’t find a new home for the disappointing Kyle Lowry at the trade deadline, this summer they will return their focus to using his salary in a deal for a disgruntled superstar such as Kevin Durant or Bradley Beal, reports Ira Winderman of the South Florida Sun-Sentinel. That sounds on brand for the Heat.

• Along those lines, the Washington Wizards plan to keep Beal and re-sign Kyle Kuzma.

• Veteran Furkan Korkmaz has been bumped from his regular spot in the 76ers rotation this season and wants to be traded to a place he can get some run. Philly is looking for a new home for him as well as Matisse Thybulle.

• No, LeBron James is not happy the Lakers missed out on Kyrie Irving, but he’s pivoting to what’s going on today.

“I can’t sit here and say I’m not disappointed on not being able to land such a talent, but someone I had great chemistry with and know I got great chemistry with on the floor that can help you win championships. In my mind, in my eyes. But my focus has shifted now my focus has shifted back to where it should be, and that’s with this this club now and what we have in the locker room.”

Reports: Lakers agree to three-team Westbrook trade with Jazz, Timberwolves

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UPDATE: And the deal is agreed do, the three sides are on board.

The pick is protected 1-4, according to the report, and there are now other players involved.

This is a win for the Lakers, who give up one pick and get an upgrade at the point and two other players who upgrade their rotation. They are not sudden favorites in the West — the Lakers still sit as the 13th seed at the time of the trade — but if they can get into the postseason with a healthy LeBron James and Anthony Davis this is a team no team wants to face.

Russell Westbrook likely will be bought out by the Jazz and become a free agent. Ainge got what he wanted in Utah, another quality draft asset. Minnesota gets a point guard who is more of a floor general, a pass-first one who can play next to Anthony Edwards and Karl-Anthony Towns (once he gets healthy) and fit in better.

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There may be a Russell Westbrook trade out there after all.

According to multiple reports, the Lakers are in discussions for a three-team point-gaurd trade that would send Westbrook and a draft pick (one of the Lakers first rounders in 2027 or 2029) to Utah, the Jazz would send veteran point Mike Conley to Minnesota, and the Timberwolves would send D'Angelo Russell back to the Lakers team that drafted him in 2015, plus the Lakers likely would get another Jazz player such as Malik Beasley and Jarred Vanderbilt (it’s the only way the numbers work).

Adrian Wojnarowski says the Lakers and Jazz like the deal and are set, but Minnesota is still talking to other teams about Russell to see if they can find a better deal.

This trade makes the Lakers better — Russell is a better shooter (39.1% from 3 this season), and he has played well in recent weeks working more off-ball while Anthony Edwards’ role in the offense has increased. Also, Russell’s contract expires after this season, so he doesn’t eat into their cap space.

The Timberwolves would get an adult in the room, a pass-first point guard who is a traditional floor general in Conley. He can work on or off the ball and could run pick-and-rolls with Rudy Gobert or, when he gets healthy, Karl-Anthony Towns.

The Jazz would buy out Westbrook, making him a free agent.

The questions seem to surround protections on the picks as well as if the Timberwolves believe there is a stronger market for Russell. This also could have been leaked by one of the parties hoping to get the deal done in an effort to put pressure on the others to agree to terms.

With the trade deadline a day away, this is one to watch — nothing is certain, but this trade feels like it’s on the two-yard line.