Philadelphia 76ers fans were high fiving each other when it was announced a few months back that Ed Snider and Comcast-Spectactor announced they were selling the team to Joshua Harris and a team of investors. Snider was seen as a guy who loved hockey and the Flyers, and happened to own the 76ers, too.
But Snider told the Associated Press it was not easy to sell the Sixers, but that the economics of the NBA forced his hand.
“It was mostly economics,” Snider said of the decision.
“A lot,” Snider said, declining specifics. “We felt that we had given it our best shot and it was time for someone else to take over.”
This is what owners have been saying — even ones in large cities and good sports towns like Philadelphia have trouble turning a profit. The Sixers should be able to make money. Of course, they have been mediocre and dull on the floor for nearly a decade (since the Allen Iverson led run to the finals) and that has not inspired fans to pack the arena or sponsors to flock to the team. Philly fans know their sports and are not going to pay big money for uninspired fare.
The sale of the team to Harris is expected to be approved by the other owners soon.
Snider and Comcast-Spectacor did not give up control of the Wells Fargo Center building, where the Sixers are tenants. The company is focusing more on that end of the business, which shows you where it thinks the profits are to be made.
Philadelphia struck out going big game hunting this off-season — LeBron James, Paul George, Kawhi Leonard all ended up elsewhere. The Sixers decided to trade for Wilson Chandler (absorbing him into their cap space) and re-signed J.J. Redick, but they have continued to look for the right trade.
That could involve adding Kyle Korver.
From Keith Pompey of the Philadelphia Inquirer:
According to a league source, the team has had discussions about trading Jerryd Bayless to the Cleveland Cavaliers for Kyle Korver.
That move would enable the Sixers to bring back a fan favorite who’s one of the league’s top three-point shooters. He would be an upgrade from former Sixer Marco Belinelli, who signed as a free agent with the San Antonio Spurs earlier this month.
This trade is still in the talking phase.
That this was leaked means an agent of one of the teams involved wants to see the deal done and hopes leaking it puts enough pressure on one or both sides to get it done.
For the Sixers it makes sense on the court, they get out of a contract in Bayless they have tried to trade for a year, and they bring in a sharpshooter who can fit within their system and add bench scoring.
For the Cavaliers, they have to be getting a pick or picks of some kind back in this trade (probably a second round or multiple second-round picks, of which the Sixers have several besides their own in the next couple of drafts).
Something to watch as we head into the weekend, to see if this deal can get done.
Milwaukee Bucks superstar at Giannis Antetokounmpo will bless this year’s cover of NBA 2K19. It’s a big deal for the Greek Freak, who has come a long way since be a heralded prospect after being drafted in 2013.
Antetokounmpo is also apparently aware of the noted curse from the 2K franchise. That is, that former players who have been on the cover in years past have notoriously ended up in different jerseys shortly after getting selected for the honor.
LeBron James, Kyrie Irving, DeMar DeRozan, Paul George, and Kevin Durant all left their respective teams shortly after being featured on the cover.
Antetokounmpo signed a contract extension in 2016 that runs through the 2020-2021 season. Unless something goes horribly wrong, there’s no reason to think that he will be gone anytime soon.
But is the cover curse real? People certainly seem to think the Madden one is.
There was already one LeBron James mural in Los Angeles. Several people decided to attack it with paint, ruining a nice gesture by a local artist in Venice and proving how annoying (presumed) Kobe Bryant fans can be.
Now, there is another mural in LA and this time it paid a little more attention to former Lakers legends. Hopefully this time around the subject matter will help stave off would-be vandals.
This LeBron piece was done by another Venice muralist, Gustavo Zermeño Jr., who posted photos of his work. In it, LeBron is seen looking up at Magic Johnson, Kobe Bryant, Wilt Chamberlain, Shaquille O’Neal, and Kareem Abdul-Jabbar.
No doubt that should satisfy some Lakers purists around the area, at least enough to keep them from throwing white paint all over it and ruining and impressive piece of artwork that took the artist a long time to create.
Lakers fan should just be happy that LeBron is in their state.
LOS ANGELES — Luc Mbah a Moute is back with the Los Angeles Clippers, signing a free-agent deal.
The 31-year-old forward averaged 7.5 points, 3.0 rebounds and 1.18 steals in 61 games for Houston last season.
Mbah a Moute played two seasons for the Clippers from 2015-17, averaging 4.6 points and 2.2 rebounds in 155 games, including 137 starts.
He was selected 37th overall by Milwaukee in 2008 after three seasons at UCLA. Besides the Clippers and Rockets, Mbah a Moute has played 10 seasons with Milwaukee, Sacramento, Minnesota and Philadelphia.
Terms of the deal announced Thursday were not announced.