Maloof press conference a how-to-guide for burning bridges in Sacramento

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That press conference was so George Maloof.

The nearly 90-minute presser was everything a good old fashion PR nightmare should be. It started as a PowerPoint presentation delivered in monotone prose by Maloof attorney Barry McNeil, and ended in a classic George Maloof back-and-forth with media members that bordered somewhere between ‘desperate’ and ‘tirade.’

The purpose of the press conference was masked as a battle for the hearts and minds of the viewer, as the attorney McNeil took the audience through a chronology that was most likely presented at the Board of Governors meeting the day before. This chronology, of course, presented the Maloofs as victims in the arena ordeal.

But in reality, the presentation was littered with legal markers that both attacked the city of Sacramento and the NBA for its handling of the arena situation. They attacked the NBA and city of Sacramento for being complicit in its refusal to address the Maloofs’ problems with the now-infamous term sheet, and said that it wasn’t Gavin Maloofs’ responsibility to raise concerns when he spoke at the Sacramento City Council meeting in support of the term sheet that was approved 7-2 by the council on March 6.

Aside from several burn-every-bridge-in-sight-with-kerosene moments, George and his team of economists and attorneys brought the case against a Sacramento arena into focus. They specifically discussed the risks to the city and cited a disastrous, but 100 percent different city-funded arena in neighboring Stockton.

They rattled off every reason not to do the arena deal, and expressed a mixture of frustration, anger, and exasperation toward Kevin Johnson, the NBA, and the media covering the events. Though they said that relocation is off the table, the money quote was “if the mayor says he’s not negotiating, then he killed the deal and it’s over. It’s over.”

So translated, yes, relocation is on the table.

Johnson, of course, went on the offensive late Thursday night with a letter to the Maloofs telling them specifically that no negotiation would occur in today’s meeting between the sides.

At the core of the issue is, shocker, money. As simple tenants, the Maloofs aren’t getting the revenue they would like to within their agreement with AEG, the company that will operate the proposed $391 million Entertainment and Sports Complex. The other issue is up-front money, as the Maloofs’ immediate beef with the current proposal is the $3.26 million pre-development costs that could eventually become sunk costs if the arena deal goes south.

But that is chump change, and the real issue is that the Maloofs will not have to pay up-front money in Anaheim, and in the Maloofs’ newest stroke of genius – in their recommendation that a renovation of Power Balance Pavilion is a superior option compared to a new downtown arena – that too would require less up-front money by the Maloofs. Under the current downtown arena proposal, the Maloofs would need to come up with $73 million in an up-front payment for the type of shiny new world-class arena that AEG likes to build.

In other words, they don’t want the outlay and they want the inlay, you dig?

The new wrinkle introduced by George, the renovating of the current Power Balance Pavilion, was particularly shocking after that option has been widely derided by all sides of the arena equation, including the Maloofs, for years.

But what this has all come down to is the Maloofs challenging the NBA to tell them that they cannot move. It appears that they feel they cannot make money in Sacramento with a new arena, and for years they have said that they cannot make money in Sacramento at the old arena.

The Maloofs pulled this same act when they did not like the terms and conditions of the 2006 measure Q & R, so after they accidentally destroyed the measure by flaunting their money in a Carl’s Jr. ad, they actually pulled their support – leading to the 80/20 public vote against the measure.

Now they’re going to try to destroy the current downtown arena deal because they don’t like the economic split with AEG. Perhaps the new idea of staying at Power Balance is their fallback position, a position that they believe they can negotiate a better revenue share out of, but make no mistake this is a scorched-earth policy. They are going to kick and scream until they get what they want, which is usually what people who get what they want do when they don’t get what they want.

In this desperate moment they showed emails from NBA representative Benjamin Harvey, who told the Maloofs that their requests to revise the term sheet that was agreed upon in Orlando was not going to be introduced to the Sacramento City Council for “political reasons.” They torched the 25 business leaders that asked for their ouster, torched mayor Kevin Johnson, and torched the principals of the deal that will provide $255 million in public money toward their enterprise. Their delivery was not polished, and at times it was reckless. Their economist cited measurement mechanisms that would make his colleagues cringe. The interplay between George Maloof and his attorneys was often scattered and unprepared. Gavin and Joe Maloof, were shoved into the corner and barely given the chance to speak.

It’s just an educated theory, but at some point the Maloofs likely realized that the NBA isn’t in their corner anymore, and was negotiating a deal that was more concerned about rewarding Sacramento and AEG with a fair deal than it was about giving a handout to the Maloofs. Five years ago when the Maloofs’ payroll was busty and their finances were better, the NBA would have likely fought tooth and nail to get every last cent for ‘the boys.’

But this is what happens when you begin to bring public shame to the logo. The Maloofs don’t have enough money to run an NBA franchise the way it ought to be run. There was a point in time the Maloofs could have said that the city of Sacramento was dragging its feet and not paying the price of being an NBA town. But Kevin Johnson changed all of that when he made this a keystone issue of his political career, and now the shoe is on the other foot. It’s the Maloofs that stopped running their business with the aggressive intent to make things work in Sacramento. In this messy business of trying to move a franchise, they’ve brought the league embarrassment by dragging one of its best fan bases through the mud. This comes just a handful of years after Seattle’s civic leaders balked at David Stern’s threats, and the story of the abandoned Sonics fan is now a television moment. Now, documentaries show the ugly side of NBA economics and in this day and age of Twitter, every fan can be plugged into all the messy details that were once swept under the rug.

David Stern is going to speak in moments about the issue. The Maloof attorneys took a lot of liberties with how they presented the NBA involvement, and surely Stern is going to take umbrage with the tonalities used by the attorneys to explain the NBA’s positions. Now we’re going to see how far the NBA is willing to go to protect its small market with a big heart. The city of Sacramento clearly has its ducks in a row and can provide ownership with deeper pockets that will wear the logo without embarrassment. The only question is whether or not the NBA is willing to clip one of its own in order to do what’s best for the group.

Rockets GM Daryl Morey on Warriors signing DeMarcus Cousins: ‘It’s a little bit hard on paper to figure out how to make it work’

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DeMarcus Cousins picking the Warriors sent shockwaves through the NBA. You know they were felt in Houston, where Rockets general manager Daryl Morey is admittedly obsessed with beating Golden State.

Morey on The Dan Patrick Show:

I was really curious. Bob is really good at his job, and he likes to take smart gambles like I do. So, I understood the move. But it’s gonna be interesting. Coach Kerr is one of the best, too. So, it’s a little scary. They’ll probably figure out how to make it work, but it’s a little bit hard on paper to figure out how to make it work. But we do that well and so do they, obviously. They’re gonna be a tough out again, obviously. They’re arguably the best team in NBA history. They’re on their path to maybe be able to make that argument.

Cousins isn’t a seamless fit with the Warriors.

They like to run, and Cousins doesn’t always sprint up court – even before his torn Achilles. Their offense is predicated on quick ball movement, and Cousins likes to survey the floor. They have more efficient scoring options in Stephen Curry, Kevin Durant and Klay Thompson, and Cousins is used to being a focal point. They like to switch defensively, and Cousins isn’t as comfortable guarding on the perimeter.

But Cousins is so talented, and the Warriors can afford to be patient as he recovers from his injury. They’re elite already.

I also believe Golden State will slow its tempo and play more traditional defense as its core ages. Cousins might fit better with next season’s Warriors than previous iterations of the team.

So, I think Morey is spot on. Golden State general manager Bob Myers was targeting wings for a reason. The Warriors didn’t exactly need another center – especially a slow-paced, ball-dominant, offensive-minded one. But when Cousins fell into their lap, signing him was well worth the relatively low cost.

Rumor: Pelicans will try to trade for wing help, likely around deadline

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The New Orleans Pelicans look like a playoff team (or at least a potential one in the deep West). They have the superstar in Anthony Davis, and he’s part of a well-fitting front line with Nikola Mirotic and Julius Randle. The Pelicans also are strong at the point guard spot with Jrue Holiday starting.

Where New Orleans need help is the wing. They had hoped Solomon Hill could be the man there, but he has not stayed healthy or panned out. E’Twaun Moore filled in for him, but was overmatched covering larger players at the three. Darius Miller can give them minutes but is not the answer. Pelicans GM Dell Demps wanted to make a move this summer, but up against the salary cap they didn’t have to room to chase quality free agents.

So look for them to try and pull off an in-season trade, reports Scott Kushner of the New Orleans Advocate.

History (and several league sources) indicates Demps is waiting for a midseason trade to strike. As teams around the league see their postseason prospects dim, and grow eager to exchange a quality player for expiring salaries or the Pelicans’ always-endangered first round pick, there’s opportunity to shore up their most glaring weakness.

It’s exactly what Demps did to acquire Cousins from Sacramento in 2017 and Mirotic a year later from Chicago. Both are impactful veterans who were added without surrendering foundational players.

Various sources and several reports said the Pelicans were active in trade talks this summer, notably with the tanking Atlanta Hawks for Kent Bazemore. But with so few teams eager to dump quality players before opening tip, hoping to make a playoff run of their own, the cost was too steep.

Demps know the Pelicans are on the clock — Davis has this season and one more on his contract (there is a player option for a third season, but he almost certainly will opt out at that point). The Pelicans can offer him the “super max” contract at that point, and Davis has said he wants to stay and win in New Orleans, but if the team struggles and/or he gets a sense that ownership is not all-in on winning, he could choose to look around as a free agent.

Which means Demps and the Pelicans will do what it takes to win now, and a move at the trade deadline is possible. The Hawks still will listen to offers for Bazemore, and other wings will become available. It’s just something to watch as we head into the season.

 

Paul Pierce: ‘There is no loyalty to a franchise anymore … That’s the generation we live in’

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After Kevin Durant left the Thunder for the Warriors, Paul Pierce criticized players for changing teams to win.

Now, Pierce is providing an assessment of players just changing teams generally.

Brian Robb of Boston Sports Journal:

To be fair, Pierce doesn’t criticize players for not being loyal to franchises. In fact, he brings up that players are exercising their power.

But it’s still hard not to infer at least some disapproval from Pierce.

Why should players be loyal to franchises, though? Top players are assigned to teams through an anti-labor draft, the least successful teams getting the highest priority of selection. Those players are kept on an artificially low wage for five years can’t unilaterally leave the team for five years. If he plays well enough, his original team has a huge financial advantage in keeping him for up to 14 years. In this system, teams exercise far more control than they earn loyalty.

Players have such short careers. They should chase whatever they want. Money, winning, role, location, even steadiness with a franchise – if they choose.

Pierce spent 15 years with the Celtics, but let’s not forget:

Pierce asked the Mavericks to trade for him in 2005 so he could play with Dirk Nowitzkion a team one star away from contending. In 2007, he reportedly told the Celtics to trade him if they didn’t add a second star. Boston, of course, traded for Ray Allen and then convinced Kevin Garnett to waive his no-trade clause. In 2013, Pierce helped engineer a trade to the Nets. He and Garnett joined Deron Williams, Joe Johnson and Brook Lopezin Brooklyn and Pierce said, “We’re all about winning a championship and Brooklyn, we feel, gives us the best opportunity.” After stints with the Nets and Wizards, Pierce signed with the Clippers, which he described as a super team.

Lakers owner Jeanie Buss: ‘I have complete faith in Magic Johnson … I have patience’

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Shortly after she hired Magic Johnson as team president last year, Lakers owner Jeanie Buss said she’d be heartbroken if the Lakers didn’t have an All-Star in 2018, when the game was in Los Angeles. Her urgency was apparent.

Of course, the Lakers didn’t have an All-Star last season. None came close.

But then they signed LeBron James this summer, and Buss has changed her tune.

The Rich Eisen Show:

Buss:

I have complete faith in Magic Johnson in terms of his ability to be a leader, to know how to put together a winner. And I have patience. And I think what he’s done has exceeded my expectations, how quickly they’ve kind of turned around the roster.

Johnson has done a great job running the Lakers. He cleared cap space while maintaining plenty of assets and convinced LeBron to sign.

The degree of difficulty on that is… debatable. Perhaps, LeBron just decided to join the Lakers and didn’t need much convincing.

What’s next for Johnson?

Maybe Rajon Rondo, Lance Stephenson, Michael Beasley and JaVale McGee will fit well with LeBron. Maybe Brandon Ingram, Kyle Kuzma, Lonzo Ball and Josh Hart are ready to compete deep into the playoffs.

I’m skeptical, which means Johnson’s next steps will be tricky. He has more than earned Buss’ faith, and her patience gives him even more latitude to build as he sees fit.

Still, it’s a bit odd to see a team acquire a 33-year-old superstar then shift into a more-patient approach. LeBron’s prime won’t last forever.

It’s on Johnson to maximize it.