Will Seattle billionaire Chris Hansen drastically overpay for the Sacramento Kings?

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News of billionaire Chris Hansen striking a deal with the Seattle City Council hit the wire late Monday night, as the sides have agreed to a framework on an arena deal that moves them a few smaller hurdles away from becoming an NBA-ready city (courtesy of Chris Daniels of King 5 in Seattle).

In a bit of twisted irony, the city that had its team stolen away will now set its sights on any available team, and there is no team that is more available than the Sacramento Kings, who nowadays have a different rumored destination every week.

This most recent news solidifies Seattle’s place on the top of that list, though they still need the Maloofs to sell, and they still have to outdo Sacramento. Neither task should be considered a slam dunk, or even likely at this point.

The idea that Sacramento could lose its team, of course, is a black eye for the league as the city has supported its team in every conceivable way, including where it counts financially and at the ticket gate. The only reason we’re having this discussion is because the Maloof family, internal squabbles aside, doesn’t want to be there.

Their roots are in New Mexico, Los Angeles, and Las Vegas, and being broke in relative NBA owner terms they’re looking for a short-term infusion of cash, which they hope to find by moving the team to another city that will both build them an arena and also let them keep the profits from it.

Cities such as Virginia Beach, Louisville, Vancouver, Kansas City, and the like are potential candidates if anything because they’re willing to pay to be on the NBA map. But the math starts to get fuzzy because the markets are smaller than Sacramento, and the Maloofs end up no better off than they were in Sacramento over the long haul.

That, and the NBA doesn’t really want those markets, at least not at the expense of Sacramento, where the league enjoys the No. 20 sized TV market without interference from other sports leagues. When you factor in the public relations hit of moving the team – it’s hard to see the league supporting a move and to date we have not.

Even when considering a larger market like Anaheim, the league isn’t falling all over itself to allow a move. The NBA blocked the Maloofs’ relocation attempt last year after Sacramento mayor Kevin Johnson raised over $10 million in untapped sponsorships at the drop of a hat and promised a viable arena deal. Things seemed to be moving along reasonably well and a deal for a new arena was agreed to in principle during All Star weekend in Orlando.

But that was before George Maloof created a how-to-guide for burning bridges in Sacramento. He torched the deal live on public television in a tirade for the ages, and any goodwill that was leftover at the league offices was probably lost. Commissioner David Stern has used measured words in describing the arena situation since then, and none of them have painted the Maloofs in a flattering light.

In fact, the commissioner would probably like to see the family sell the team, but as usual the issue comes down to money, antitrust law, and the other 29 owners that one day will be negotiating with both the league office and their home city about something.

Aside from not wanting anybody to tell them what to do, owners want the right to move their teams to the cities they feel they can make the most money in. Leagues don’t like to allow this as it creates a number of problems, and the courts have found that the intersection of those opposing ideals lies in the concept of a relocation fee. Relocation fees are the amount that a league can charge to indemnify parties that are damaged by an owner’s decision to move.

The law is much more detailed than this, and the case law that has been favorable to relocating owners isn’t an exact match to the situation in Sac, but one thing is clear – neither party wants to land in court over this.

And that’s why the Kings arena situation has been allowed to play out, to the detriment of the league’s image, and as an affront to the other 29 owners that one day will have to negotiate with their municipalities.

While it’s unclear right now what impact the Maloofs’ apparent bad faith dealings in Sacramento will have on other team owners seeking public subsidies, a small shift in public sentiment could cost the league and its players tens of millions of dollars and a large scale shift could put the billion dollars the league has received in subsidy back on its balance sheet.

But even with the Maloofs’ name now toxic inside the league and out, to the point it’s being pulled off the signage at the Palms, the league cannot afford a bad ruling in an antitrust case. Aside from treble damages the Maloofs would seek, which are significant, a bad ruling would be held over all sports leagues’ heads by owners wanting to play franchise free agency.

The best hope for the league has always been to see the issue play out on its own, with the Maloofs realizing that they have no options besides going back to the city with its hat in its hand, or selling the team outright.

And with Seattle standing in the on-deck circle and doing what they need to do to land itself an NBA franchise, the question on everybody’s mind is whether or not Hansen will be able to drastically overpay for the Kings.

The Maloofs owe about $70 million to the city of Sacramento and well over $100 million to the NBA, and a sales price in excess of $400 million is needed to give the 43 percent stakeholders an easy way out of Dodge. Considering the franchise is valued at $300 million by Forbes, which is a generous valuation, Hansen would need to hope that the bump of moving to a larger market in Seattle and owning land near the arena would justify the Maloofs’ likely asking price.

But more importantly, when you factor in a relocation fee, which sources tell me will be assessed to give Sacramento buyers a fair shot at buying the team, Hansen could be looking at $500 million or more to buy the Kings. After paying $300 million and counting to build an arena, that’s approaching a billion dollars to get in the game.

It’s possible that the man known for his patience will wait for a less toxic situation to pop up, and it’s fair to wonder now if the league would reconsider expansion now that multiple cities have expressed interest in NBA clubs.

As for Hansen’s involvement with the Kings, he said weeks ago that he had not made an offer to purchase the Kings after a local report emerged saying otherwise. If he decides to make a play for the team, and assuming the Maloofs are ready to cry uncle, it probably puts Sacramento on notice that it’s time to formalize an offer to buy the team.

Sources on the city’s side have indicated that they have more than one buyer lined up, and ultimately Seattle’s progress could force some sort of endgame here. If the goal is to sell for the Maloofs, then they will likely have squeezed the best sales price out of Sacramento that is possible, and anything close to a Seattle offer (after the relocation fee) will likely be supported by the league.

If the Maloofs still don’t want to sell, they’ll continue to play the dating game with other cities and the league will continue to deal with a public relations nuisance. The family will not get a different arena deal in Sacramento, and any talk of renovating the unrenovatable Arco Arena with public funds has been met with collective laughter both inside and outside of the city.

Even if the Maloofs can find a sweetheart deal somewhere else, it’s unlikely that they’ll have the clout to force a move the league doesn’t want. Sure, they may have some antitrust law on their side, but they probably can’t afford the lawsuit and even if they win, they’re left in a place where they’re not wanted. They don’t have the fortitude of antitrust victor and deceased Raiders owner Al Davis. And other than George, they want to be wanted.

In Sacramento, the framework for a deal exists not just for the Maloofs but for any owner that wants to pick up the ball and run with it.

The deal that was struck between the city, arena giant AEG, and the NBA is still considered a good deal by each of those parties, and the only thing that would theoretically change are the owner contributions. In a concept the Maloofs cannot come to grips with, if a new owner wants to pay more for arena construction they can enjoy more of the profits.

Unlike anywhere else in the country, including Seattle, an agreement can be reached in Sacramento under the current terms and design could start within about a month according to sources.

As usual, though, the story goes right back to the Maloofs and whether or not they’re ready to face the music. They can’t do nothing, as Arco Arena is dilapidated and barely up to NBA code. They’ll eventually need to do more than polish the concourse floors.  Eventually, they’ll either need to take the Sacramento offer, try to make something out of nothing in an unlikely move out of town, or sell the team.

And when the music stops and the only thing left to do is sell, will Hansen or any other buyer want to drastically overpay for this particular franchise to the extent that Sacramento can’t match the offer?

Until these questions are answered or the Maloofs are nudged out the door with greater efficiency, Sacramento Kings fans have to endure the same fears that plagued Sonics fans before their team was ultimately ripped away.  And that’s just not right.

76ers invite Emeka Okafor to training camp (on non-guaranteed deal)

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Emeka Okafor was back in the NBA last season at age 35, after having been out of the league for four years trying to recover from a neck injury. He earned that chance going through the G-League, averaging 6.8 points on 61.2 percent shooting, plus pulling down 8 rebounds a game in 20 minutes a night, with a PER of 18.6, for the Delaware 76ers.

That was enough for the New Orleans Pelicans to call him up when DeMarcus Cousins went down, and Okafor got into 26 games. He played solid defense, and while he wasn’t putting up counting stats (4.4 points and 4.6 rebounds a game) he was a steadying presence, and he had a PER of 18.6.

Then this summer, no team offered him a new contract.

Until now, the 76ers — and new GM Elton Brand — are going to bring him in on a training camp deal.

It’s a longshot Okafor makes the roster, the Sixers have 14 guaranteed contract and that does not include T.J. McConnell. Which means the roster is pretty much set. They also have Joel Embiid as the starting center and Amir Johnson behind him, plus some small ball lineups they will roll out.

However, have a good camp and another team looking for a backup center may notice.

 

 

Karl-Anthony Towns agrees to sign five-year, potentially $190 million extension with Minnesota

Associated Press
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It was a matter of when, not if.

Back in July, the Timberwolves had offered Karl-Anthony Towns a five-year max contract extension — which could be worth $158 million or, if he was named to an All-NBA team again next season, $190 million. Towns used his leverage and reportedly told management he can’t coexist with Jimmy Butler and reportedly would not sign the new deal until the Butler situation is resolved. Although everyone knew he eventually would sign, he was not leaving that much money on the table.

Minnesota is now working on a Butler trade — ordered by owner Glen Taylor — so Towns is stepping up to be the franchise’s face, a story broken by Adrian Wojnarowski of ESPN but that Towns confirmed on Twitter.

Again, for Towns that is a $158 million extension, unless he makes an All-NBA team again (he was third team last season) or is named MVP, then that jumps to $190 million. Making another All-NBA team is certainly within reach.

From Woj:

Towns’ agent, Leon Rose of CAA Sports, informed the organization of Towns’ intention to sign the extension on Saturday night, sources said. The Timberwolves report for media day on Monday and begin training camp on Tuesday.

In a statement, Towns said: “On June 25, 2015, I was drafted to and committed to the Minnesota Timberwolves. On September 22, 2018, I made a recommitment to the Wolves and have the same feelings of excitement that I felt back in 2015.

“I promise to the fans, my teammates and the organization to keep the vision of the man who drafted me, Flip Saunders, alive and treat his dream of winning with respect and dignity. To the fans from Day One and the Timberwolves fans, this is for you. Thank you for believing in me.”

Towns, at age 23, is one of the best centers in the game. He was the No. 1 pick out of Kentucky in 2015 and the next year was named Rookie of the Year. Last season he averaged 21.3 points, 12.3 rebounds and 1.4 blocks per game, the Timberwolves were 13.1 points per 100 possessions better when he was on the court, and he was a key reason the Timberwolves made the playoffs for the first time in 13 seasons. Towns is one of the best post-up scorers in the NBA, he shot 72.3 percent at the rim last season, but also added three-point range and took 23 percent of his shots from deep and hit 42 percent of them. He is an offensive force.

Maybe most importantly for Minnesota, he hasn’t missed a single game in three seasons. Age and durability were the reasons that if it came down to Towns or Butler, Towns was going to be the choice of the Timberwolves. Towns signing this extension is not good for the standing of coach/GM Tom Thibodeau, who is not on the same page with Towns.

That said, the pressure is on Towns to step up his game now, particularly on defense. Using ESPN’s Real Plus/Minus (a flawed stat but one that provides a good snapshot) Towns was one of the weaker defensive centers in the league, playing at a current Dirk Nowitzki level. Towns was better last season as a shot blocker for stretches, but he was inconsistent, he is unfocused on that end, bites on pump fakes too much, and he is often slow to recognize the play and get over to protect the rim despite his physical tools.

In the playoffs last season, the Rockets’ Clint Capela completely outplayed Towns.

Towns is getting paid to step up and lead this team now, especially with Butler on his way out the door. Minnesota was counting on the same thing out of Andrew Wiggins after his big contract extension, and he regressed last season and has shown little passion or willingness to put in the work needed. Butler and others want to lump Towns and Wiggins together, but Towns has put in the work and is a professional, it’s not a correct comparison. However, the pressure is now on Towns to take that to the next level.

Warriors big man Jordan Bell ready for second season

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OAKLAND, Calif. (AP) — First, his right forearm cramped turning his arm into the shape of a V as his hand bent back, and Jordan Bell could not move it for several minutes as he sat in the bathtub as he recovered post-workout. He yelled for his girlfriend’s help. The cramp briefly released, then quickly returned. Soon, his quads, calves, hamstrings, biceps, hands and feet followed suit.

Then, Bell blacked out. He came to and his girlfriend got him into bed, and he doesn’t remember anything but waking up there.

“I just got cramps everywhere, all at once,” he recalled after a workout at Warriors headquarters this week. “The pain was just so much, I blacked out.”

It was terrifying – “very,” Bell said. He realized he had pushed his body to the brink of physical exhaustion after one especially grueling mid-August day with far from enough food and fuel. He did his cycle class, weights and conditioning, then a couple hours of open gym in Los Angeles – his regular routine all summer to get ready for his second season with NBA champion Golden State.

He’s feeling great now with training camp set to begin Tuesday.

Just chalk that scary experience up to another key learning moment in Bell’s evolution to rising star with the Warriors alongside All-Stars Kevin Durant, Stephen Curry, Draymond Green, Klay Thompson and, now, dominant big man DeMarcus Cousins.

“There’s a confidence to him. I think he was confident when he came in but he’s a little more seasoned, which is good, which is what you want in a second-year player,” Warriors general manager Bob Myers said of Bell. “The thing about playing as deep as we did, the best you can give players that are young is experience, because you can’t simulate an NBA Finals game, you just can’t. You can talk about it but he’s actually gotten to experience that and that’s much more than any of us can do to get him ready for his second year. I think there’s a seriousness to him, which is good to see. He’s a fun guy but I think he senses he’s going to have a good opportunity this year.”

Bell’s dynamic play in the post will be even more important now with three centers from last season departed – Zaza Pachulia signed with Detroit, JaVale McGee joined the rival Lakers and David West retired – and Cousins is still recovering from a torn left Achilles tendon that required surgery and ended his season in late January.

And Bell spent the summer taking his fitness and game to another level. He often forgot to eat, just wanting to get home and into bed.

Then he learned his lesson with the blackout episode, likely dehydrated, too – another in many key growth opportunities for the Warriors’ second-round draft pick out of Oregon last year.

In Golden State’s fourth game, he threw the ball off the backboard to himself and slammed it home for his own alley-oop. In a blowout win no less.

Rookie mistake? Maybe. Growth moment? For sure. Even if Curry and Durant could only watch in awe and delight, their mouths agape.

Bell tossed the ball off the glass then dunked during a 133-103 victory at Dallas last Oct. 23. Coach Steve Kerr spoke to Bell afterward and warned him he might face some retaliation the next time against the Mavericks.

Now, Bell is ready to take on a greater role as the Warriors chase another championship as the NBA’s team to beat out West. He’s also treating himself to a new smartphone at long last this season, his other one cracked on draft day a year ago. Though the old one will find a special place in his trophy case.

“I know my role is going to be more extended just because of the bigs we have this year,” he said. “Whether it’s starting, whether it’s playing more minutes or sixth man, whatever it is, I just know I’m going to have a big role and I think the work I put in this summer is going to have me ready for it.”

Bell’s troublesome ankles are strong and healthy, too. He was out with a sprained left ankle for 14 games from Jan. 20 through Feb. 24 before working his way back into Kerr’s deep rotation while continuing to deal with ankle issues. After being inactive for six games early, he had emerged as a starter for 11 games before the injury as Kerr went with a more up-tempo lineup.

It took time for Bell to find his groove again. He wound up averaging 4.6 points, 3.6 rebounds and 1.8 assists while playing 14.2 minutes in 57 games with 13 starts. Kerr realized early on he needed to create ways to get Bell minutes. While the rookie needed to learn, he would do so by making mistakes and strides on the court next to so many greats.

Then Bell impressed everybody as he handled the load of helping defend James Harden. Bell earned key minutes as the Warriors went on to a repeat championship and the franchise’s third title in four years that sent Golden State into dynasty status.

“Great energy, great speed and athleticism. He’s a good playmaker,” Kerr said. “We’re thrilled with the way he’s played and his future here.”

 

Orlando has become team worth watching for first time in long time

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This is the latest of NBC’s NBA season preview stories, and we will post at least one a day on these pages until Oct. 16, when the NBA season kicks off. We will look at teams and topics around the NBA throughout the series, and today the young Orlando Magic are the focus.

A strange sensation came over me during Summer League in Las Vegas this year:

I wanted to watch Orlando Magic games.

It felt weird. It has been years since the Magic were must-watch, but I was intrigued by them and their potential. Part of it was they have zigged when the league has zagged — in a small-ball league the Magic (in Vegas and in general) went big with Mohamed Bamba and Jonathan Isaac. And those two, for stretches, could dominate the paint.

“The potential between me and (Isaac) is unreal, I think in Summer League we’re starting to bridge that potential into production with the small things we do,” Bamba said to NBC Sports in Las Vegas.

That carries over to this season and expands to other players — which makes the Orlando Magic interesting and worth watching.

It’s been a long time since we could say that, but the Magic have the potential for a dynamic defense this season, especially up front: Bamba, Isaac, just-resigned Aaron Gordon and Jonathan Simmons. Put all of them under the guidance of new, defensive-minded coach Steve Clifford, and the Magic can be big and defense-first in an NBA leaning more toward the Warriors’ model of small and offense first.

“To tell you the truth, I don’t even think (the team’s defensive play in Summer League) scratches the surface in terms of where Mo is going to be in a year or two years, or where I am going to be in a year or two years,” Isaac said of the team’s potential. “Physically, mentally, game wise, you throw in AG and all those guys we have on our team now, and I think we will be a defensive nightmare for a lot of teams.”

Isaac was one of the real head turners at Summer League. He missed much of his rookie season with an ankle injury, playing in just 27 games. In Las Vegas he looked healthy and like he spent time in the weight room getting stronger. He was a defensive force but was able to turn some of that into offense.

Bamba showed potential in Vegas as well, although he was more up and down and showed how he needs to get stronger and develop a better feel for the game. For example, the Suns’ No. 1 pick Deandre Ayton pushed him around physically for much of the night. But even then, Bamba blocked an Ayton shot and altered others, plus he flashed offensive potential (and in another game, showed a smooth shooting stroke from three).

“I just have to establish myself as a roller, it really opens up a lot for our team, even if I don’t necessarily get the ball it opens up guys in the corner or in spots as teams adjust to how we are playing,” Bamba said.

The Magic still are not going to be good, and there are a lot of questions to be answered. How well can both Bamba and Isaac play with Gordon (it would be hard to play all three together, with Gordon at the three, he has struggled in that role before)? Coach Clifford has said he wants to switch more and that these bigs can do it, but how will that really work in practice? Clifford also wants to see how Bamba and Nikola Vucevic pair together for stretches.

Gordon is the best player on the team, the franchise cornerstone guy who signed a four-year, $76 million contract this summer (with incentives that could bring it to $84 million). He averaged 17.6 points and 7.9 rebounds a game last season, is a competent three-point shooter who can finish at the rim like a beast.

Can one of the other young Magic players step up and join Gordon as a cornerstone? Can this team go big and become a force? Those are the interesting questions for the Magic this season, what makes them worth watching.

The rest of the team… not as interesting.

The Magic still don’t have a point guard of the future — D.J. Augustin and Jerian Grant will split the bulk of the time there — and beyond that have solid to good NBA players who are not great fits or parts of the future, such as Evan Fournier and Timofey Mozgov. Vucevic and Terrence Ross are in the final years of their contracts and the Magic will look to move them (they have tried to trade Vucevic since last trade deadline, and he could help some teams, but no deal has been found).

Orlando will lose more games than it wins this season, Bamba and Isaac will learn hard lessons. It will not always be pretty.

But there is real reason for hope, and with it this is a team worth keeping an eye on. It’s been a long time since we could say that.