Fate of Kings in Sacramento to be decided in New York hotel

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The NBA owners are getting together in a mid-town Manhattan hotel this week, and not just to give us all lockout flashbacks. (Quick, get Larry Coon to order some pizza!). It’s time for the Board of Governor’s meeting (which is a fancy way of saying all the owners get together and vote on stuff).

It is in that hotel that the Kings’ Maloof brother will try to explain to the other owners why six weeks ago they stood in the middle of Power Balance Arena and basked in the applause for a handshake deal to build a new arena in Sacramento and keep the Kings in town, but now they renegotiate it. Which would kills the deal as the other parties are done talking. The family needs to explain why now that they have to do their share — when they have to write some checks — to keep their team in the city of a very loyal fan base they want out.

There is a reason Commissioner David Stern and the league pushed the Maloofs aside and negotiated a deal with Sacramento and eventual arena operator AEG. Those sides came to the deal where the Maloofs had to make some very reasonable contributions — starting with $3.2 million in pre-development fees — that the Maloofs now say are not reasonable.

It is the other NBA owners that will decide what is reasonable. They can veto any move of the team. They can’t force the Maloofs to sell (the wish of most Kings fans) but they can force the Kings to stay put in Sacramento. And there are buyers in the wings that want to keep the team in the city.

That said, the other owners are not going to want limit their flexibility going forward — they want the future ability to leverage their cities for truckloads of money to build (or upgrade) an arena and nothing does that like the threat of a move. The other owners could let the Kings go to Anaheim (over the objections of the Buss family that owns the Lakers and Donald Sterling of the Clippers).

Sacramento Mayor Kevin Johnson will not be in New York to make the city’s case, reports the Sacramento Bee. City and AEG officials said they have done all they can. David Stern will present the league’s case and the handshake agreement reached a few weeks ago. Here is how the Bee breaks down the deal.

The Maloofs have declined to say publicly what their concerns are, other than their refusal two weeks ago to pay a $3.26 million share of the $13 million in pre-development costs the city says it needs to keep an arena project on track. The Kings also have objected to a proposal that they reimburse the would-be arena operator AEG its $3.26 million pre-development share if the deal falls apart without any fault from AEG….

AEG has agreed to contribute $58.75 million to a downtown arena. The Kings agreed to put up $73.3 million. The city would shoulder the bulk of the cost: $255.5 million.

A source familiar with the issue said the Kings would like more decision-making authority at the arena. The team reportedly also has concerns about parking issues, wants more input on the design, and has issues with the proposed lease terms and revenue streams, among other sticking points. The current “term sheet” calls for the Kings to sign a 30-year lease.

To me, this all seems a fair deal. Sacramento Mayor Johnson has come up with a way to get a much-needed new arena done, but the Maloofs — at least George for sure — clearly wants to move.

Now it falls into the hands of the other owners in a mid-town hotel. If the lockout is any indication, we could be waiting a while for an answer.

Brandon Clarke named Summer League MVP, leads Grizzlies to Vegas title

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Brandon Clarke made his mark in Las Vegas.

The No. 21 pick in June out of Gonzaga, he averaged 14.6 points, 8.6 rebounds, and 1.6 blocks per game in leading the Grizzlies to the championship game, and for that he was named the Las Vegas Summer League MVP.

(That award has been won by Damian Lillard, Blake Griffin and John Wall, but also Josh Shelby and Glen Rice Jr. Most winners of the award had good careers as role players — Randy Foye, Jerryd Bayless, whatever Lonzo Ball and Josh Hart become — but it’s a mistake to think it’s a precursor of NBA dominance.)

Clarke wasn’t done, he had 15 points and 16 rebounds in the championship game, leading the Grizzlies past the Timberwolves 95-92. Memphis is your 2019 NBA Summer League Champions.

Memphis raced out to a 15-point lead early in the title game.

In the end, it was a balanced attack that won Memphis the game. Grayson Allen led the way 17 points, but Clarke, Bruno Caboclo, and Dusty Hannah’s all had 15 points, while Tyler Harvey added a dozen.

Minnesota was led by Kelan Martin with 19 points.

Mavericks owner Mark Cuban fined $50,000; Rockets owner Tilman Fertitta $25,000

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The first rule of NBA ownership: Don’t talk about NBA ownership.

Or the business you do as an owner until it becomes official, even if by then everyone else has known for days and already moved on from the topic.

Monday was an expensive day for two of the NBA’s owners of teams in Texas. Mark Cuban was fined $50,000 for leaking information from the league’s Board of Governor’s meeting about the new coach’s challenge  — even though everybody knew what was going to happen — before the meeting officially ended. Tim MacMahon of ESPN reported this story and had maybe the best quote of the summer to go with it.

The NBA office fined Dallas Mavericks owner Mark Cuban $50,000 after he admitted to leaking information from last week’s Board of Governors meeting to a reporter, sources told ESPN…

“I appreciate the irony of your reporting on a fine that someone should, but won’t, get fined for leaking to you,” Cuban told ESPN.

Sources said Sacramento Kings owner Vivek Ranadive expressed concern that information about the vote to allow coaches’ challenges was being reported while the meeting was still in session. Cuban immediately admitted that he had leaked the information, sources said.

Well played, Cuban.

This is a letter of the law fine, but was it a big deal that this got out? The vote was all but assured, a formality, but Cuban gets fined for telling people? Thanks, Vivek.

From the same “is this really a big deal” file we have the fine Rockets owner Tilman Fertitta got on Monday, $25,000 for talking about the Russell Westbrook trade before it was official. Even though everybody was talking about it. From Mark Stein of the New York Times.

Here is the oh-so-damaging quote:

Again, I get Fertitta crossed the official line because the trade had not gone through yet, but does that line really need to exist in these cases? It feels like the silly hat thing at the NBA Draft.

Damaging or even interesting information was not divulged in either case. The fines were not steep because of it, but the NBA’s process of what is and is not allowed around trades and free agency — and the odd Board of Governors meeting — seems behind the times.

 

Report: Clippers, Rockets both still interested in Andre Iguodala, but both at stalemate

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The Memphis Grizzlies don’t want to just waive veteran Andre Iguodala, they want to get something back in return. That is just turning out to be challenging.

The Clippers and Rockets are still interested, but both teams are at a stalemate, something Shams Charania of The Athletic broke down in a new video.

The story in a nutshell:

• The Rockets are interested, but Iguodala’s $17.2 million would take the team deep into the luxury tax (Houston is currently just shy of the tax line). Charania says any deal likely would involve a sign-and-trade, which implies Iman Shumpert, probably with a draft pick attached.

• The only Clippers’ salary that lines up cleanly is Mo Harkless (with some other players), but Los Angeles doesn’t want to give him up.

Memphis can afford to be patient and say they will just bring Iguodala into training camp, that they are willing to start the season with him.

This may take some time to get done and could ultimately involve a third team. Maybe Dallas gets back in the conversation, or other teams look at their roster and decide they want the veteran wing. This also could be something that drags into training camp, there are no easy answers lined up or the deal would be done already.

Warriors GM on D’Angelo Russell: “We didn’t sign him with the intention of just trading him”

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From the moment the Warriors acquired D'Angelo Russell in a sign-and-trade deal that cleared the path for Kevin Durant to go to Brooklyn, speculation about fit and an eventual trade cropped up. Does Russell’s game really fit with Stephen Curry and, eventually, Klay Thompson‘s, in a three-guard lineup? If not, how fast will they trade him? February at the trade deadline? Next summer?

From the start the Warriors have shot down the idea that they just planned to trade Russell, and on Monday Warriors GM Bob Myers repeated the same thing.

The Warriors plan has been to play Russell and Curry next to each other — they got an All-Star guard to soak up the minutes until Thompson can return (likely sometime after the All-Star break, if at all next season). Maybe the fit works, maybe it doesn’t, but the Warriors aren’t putting limitations or preconceived notions on the possibilities.

If it doesn’t work out, the trade option will still be there.

The Warriors do not head into this season the same juggernaut to be feared, but sleep on them at your own risk. As Meyers said, they believe they have a team that can compete with anyone.