George Maloof’s Virginia Beach arena ploy falls apart, Seattle rumors heat up

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We never took the Maloofs or Virginia Beach seriously in their talks to move the Sacramento Kings to the eastern seaboard, and predictably the talks officially fell apart when Virginia Beach mayor Will Sessoms declared the deal dead for now on Tuesday.

There were a million reasons that deal was a farce – a sad ploy to manufacture leverage in George Maloof and his family’s ongoing attempt at getting something for nothing in an arena deal.

Still though, this marks the end for yet another painful chapter for Kings fans, who have endured as much uncertainty and shenanigans as any fan base on this side of Seattle.  And as we learned late Tuesday night, the next chapter has already begun.

Super agent David Falk’s daughter Daina tweeted yesterday that Seattle billionaire Chris Hansen has already come to an agreement with the Maloofs to buy the Kings, calling it a “done deal.”  Since those rumors hit the Twittersphere, she backed off a bit on her Facebook page and deleted her tweets at about 9 a.m. ET today (original here).  Seattle writer Chris Daniels wasn’t in a hurry to address the “rumors” last night, adding that “it isn’t over until it’s over” and that’s a point of agreement here.

First off, the idea that a deal is closed is premature since the Board of Governors would have to approve it and that clearly hasn’t happened, let alone with a relocation request attached.  Of course, a deal could be being negotiated in the background between the Maloofs and Hansen with or without the NBA’s participation, and she may be referring to some step in that process, but until she comments further or the next shoe drops this is mere speculation from a potential, albeit unlikely information source.

Either way, we’ll learn a lot in the next 24 hours as the various parties each respond to requests for comment at the start of business today.

As for the Maloofs, Tuesday’s Virginia Beach developments put them back at square one and they are running out of time and money to make their final move. They will either need to come up with a lot more money than they have right now to run a basketball team in the Sacramento market – a market that they torch regularly with their antics – or sell the team and that brings us back to where we were in early September.

For Seattle to ironically take the Kings from Sacramento, Chris Hansen will need to drastically overpay to purchase and move the franchise, and if the notoriously deliberate businessman wants to do that then the NBA will still need to get behind the deal.

Given the fact that Sacramento has come up with a “model offer of public funds” according to one league source, a decision to allow the team to move will not be made lightly, as it will necessarily hurt the league in its negotiations with other cities for future arena subsidies.

In this case, the city of Sacramento has done everything the league could ask for and then some to help build an arena.  The implication is that the league is asking cities for long-term investments of public dollars, but not providing a reasonable expectation of a long-term partnership so long as that city continues to provide reasonable partnership dollars into the future.

The part that is most threatening for the league in this scenario is how publicly embarrassing the Maloof family has become to the NBA, creating a real-life equivalent to the movie Major League, and in this day and age of information those images are exponentially more accessible to the public than they have been in previous arena quagmires.

With the league and its players receiving $3 billion dollars in arena subsidy money since 1990, any shift in public sentiment or political resistance on the issue could cost the league an unfathomable amount.

If Hansen won’t pay drastically more than Sacramento, then the Maloofs will likely need to sell to one of a handful of serious buyers out of California’s capitol city that are ready to buy the team right now.

It’s theoretically possible that another city could come into play, but given the fact that Sacramento is a one-sport town with the No. 20 TV market – chances are moving the franchise won’t make sense for the league or a new owner.

George and his siblings can’t simply do nothing, as the sky is falling at Sleep Train Arena and it’s anybody’s guess when it won’t be suitable for NBA games.  This situation will come to a head and the only question is when the family gives up.

And until the NBA effectively finds a way to nudge George Maloof and his siblings out of their clubhouse, they will continue to panhandle for arena money at the expense of the logo.

We’ll get an update to you guys as soon as we learn whether or not this Seattle rumor has any legs.

Elton Brand on 76ers contending for a championship: ‘I think we still need a piece’

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Elton Brand last played in the NBA in April of 2016. Now, in September of 2018 he is the general manager of the Philadelphia 76ers.

The 17-year NBA veteran helms one of the best young teams in the NBA, and takes over a GM position that has previously been under turmoil. Brand has perhaps been blessed with the departure of LeBron James from the Eastern Conference, but so too will other teams try to take over that perennial top spot.

The Boston Celtics have similar assets to Philadelphia, with proven stars mixed with an excellent supporting cast and young players who could develop into stars themselves. The Toronto Raptors are a very good team who just added a Finals MVP in Kawhi Leonard. The road ahead will be tough.

But the Sixers still have cap space and they are still looking for a third star to fill a necessary role on their team. Brand said as much during a recent appearance on ESPN, and from all indications it looks like he’s not going to be shy about pulling the trigger either in free agency or in the trade market if he feels he can solidify the Sixers’ position in the east.

Via ESPN:

Everyone talks about free agency, but we may have to pull the trigger on something else before free agency. If we feel we can’t get one of those stars that I can’t name. I still think we need a piece. We’re close. If you ask Joel [Embiid] we have enough and if you ask Ben [Simmons] we have enough, because that’s the chip they have on their shoulder … they don’t want to hear that, but I think we still need a piece.

Brand went on to say that he felt like development was also important in this process, and that it’s possible that Philadelphia has their additional star in Markelle Fultz, Dario Saric, or both.

Philadelphia has reportedly been one of the teams that has jumped into initial conversations with the Minnesota Timberwolves about trading for Jimmy Butler. Whether or not Butler is the right move for the Sixers notwithstanding, that Brand appear is ready to wheel and deal certainly is interesting.

Anthony Davis picks new agent, signs with LeBron James’ rep Rich Paul

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The NBA offseason isn’t over just quite yet, so people are naturally ready to jump at any rumor they can get their hands on. On Sunday, it was announced that New Orleans Pelicans big man Anthony Davis had signed with Rich Paul’s Klutch Sports Group, and the Twittersphere exploded.

Davis, 25, has two seasons left on his current contract until he can use a player option to end his deal early and choose another location if he pleases.

Of course, the rampant speculation here — which is baseless, I might add — is that Davis could be looking to jump ship from the Pelicans, with Paul helping to create pressure for such a deal.

Via Twitter:

There is some speculation that Davis could become trade bait as soon as next summer if the Pelicans fail to meet the expectations foist upon them after their first round sweep of the Portland Trail Blazers during last season’s playoffs. New Orleans no longer has the talents of DeMarcus Cousins, although they played spectacularly without him following his Achilles injury going into the end of the year. The West got tougher, and the Pelicans will also have to play without Rajon Rondo, currently of the Los Angeles Lakers.

The coming season will be Davis’ seventh in Louisiana, and it has long been rumored that he could be a trade prospect or might want to sign in a different market. Signing with Klutch Sports Group puts Davis at the center of speculation that he could join LeBron James on the Lakers, as James is a good friend of Paul and a fellow Klutch client.

Players exchange agents all the time, and just because an agent has a specific track record doesn’t mean that anything is set in stone. The NBA is weird like that. However, It’s not completely unreasonable to raise an eyebrow at Davis joining up with Paul after leaving longtime agent Thad Foucher earlier in September. What Paul does have a rep for is getting his players paid handsomely, which is probably the main thing Davis will be looking for.

New Orleans can offer Davis the vaunted super max contract once he is up for an extension.

New lottery rules change tanking incentives, starting this season

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To paraphrase Jerry Tarkanian, the NBA is so mad at the 76ers, it’ll keep the Hawks losing another couple years.

The NBA finally enacted lottery reform that will take effect this season. The measures appeared designed to curb Sam Hinkie’s ambitious multi-year tank, but Philadelphia has already reaped the rewards of The Process. The 76ers, led by former high draft picks Joel Embiid and Ben Simmons, are one of the league’s top teams and extremely unlikely to land in the lottery. It’s the next generation of losing teams, like Atlanta, that will feel the brunt of these changes.

Generally, the new rules reduce incentives to chase the league’s worst record. The very-bottom teams face greater variance and worse expected outcomes than previously. The top six seeds in the lottery became less valuable than before, the 7-14 seeds more valuable than before.

In the previous system, the three worst teams had 250, 199 and 156 of 1,000 lottery combinations. The top-three picks were drawn then the next 11 picks were slotted in reverse order of record.

Now, the three worst teams each have 140 of 1,000 lottery combinations. The top-four picks are drawn then the next 10 picks are slotted in reverse order of record.

There’s several ways to measure the changes, but here a a few based on lottery seed in the old system (orange) and new system (blue):

Odds of No. 1 pick:

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Odds of top-four pick:

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Expected pick:

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The “big” change is the bottom three teams all have the same odds of getting drawn, creating an illusion there’s no difference between finishing last or third-to-last. But the last-place team still gets slotted ahead of the second-worst and third-worst (and second-worst ahead of third-worst) if none get drawn in the lottery.

Simply, teams are still incentivized to chase the league’s very worst record. The incentives aren’t as strong as they once were, but they still exist.

And the upside remains just as high. Top draft picks are so valuable – a chance to add elite young talent on a relatively cheap contract that comes with five years of team control that, practically, extends much longer.

So, how will teams handle this changing structure?

Decisions will be fascinating among more than just the lowest of cellar-dwellers. Several teams have traded first-round picks this season that contain protections within the lottery. The Mavericks owe the Hawks a top-five protected first-rounder. The Cavaliers owe the Hawks a top-10-protected first-rounder. The Grizzlies owe the Celtics a top-eight-protected first-rounder. The Nuggets owe the Nets a top-12-protected first-rounder. Those owing teams all face a new batch of decisions of when to give up on trying to make the playoffs and aim to keep that pick.

I mostly share the view that lottery reform won’t change much, particularly on a year-to-year basis. But the cumulative effect could be larger on some teams.

Hinkie’s 76ers were an anomaly. Few teams set out to tank for that long. Many more tanked for a season, knowing that would result in a high draft pick. With a new touted prospect in hand, those teams usually attempted to ascend.

But now, far less is guaranteed. Before, the second-worst team was likely to land a top-three pick and was guaranteed a top-five pick. Now, the second-worst team is likely to pick between No. 4 and No. 6. In that lower range, the team might get stuck with a lesser prospect who leaves it stuck losing again the following year.

At minimum, lottery reform adds uncertainty to a league that had grown familiar with the previous system and how teams proceeded within it. We can all guess how teams will act in the new system, but this season will provide much more tangible clarity.

Kyrie Irving says he hasn’t talked with Jimmy Butler about joining Knicks

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If you listen to some people, they believe that NBA stars are constantly scheming to end up together on certain teams, years in advance of their pending free agency. That was partially the case for the Miami Heat when Dwyane Wade, LeBron James, and Chris Bosh teamed up together. But we can’t always verify what players are talking about together, and of course they are free to have those conversations. NBA players have more agency than ever in 2018.

One rumor that has been floating around the NBA sphere as of late is the idea of disgruntled Minnesota Timberwolves star Jimmy Butler pairing up with current Boston Celtics point guard Kyrie Irving on the New York Knicks next season. Butler has an option to get out of his current contract at the end of 2019, as does Irving.

Things are getting messy with Butler out in Minnesota, with the latest news being that owner Glen Taylor has decided to circumvent his front office team and offer Butler up for trade himself. Meanwhile, Irving still has not signed an extension with the Celtics, which has some fans in Boston nervous.

Of course, someone was going to have to give Irving the chance to respond to the rumors that he wants to team up with Butler, and Jackie MacMullan over at ESPN did just that in a recent feature with the Celtics star. For his part, Irving says that he has not spoken with Butler about teaming up or anything related to career decisions since 2016.

Via ESPN:

Irving said he’s aware that he’s been linked to Jimmy Butler in persistent free-agent rumors regarding a mutual desire to play together in New York, but he said he’s had no such discussions with Butler. In fact, he said, the last time he talked to Butler at length was when they were both playing with USA Basketball, and the two engaged in a spitballing session along with Durant and Cousins about what the future held for each of them.

“And that,” Irving laughed, “was in 2016.”

Players publicly denying things that could actually be true is nothing new. Readers can take Irving at his word, or continue to be suspicious. It’s your prerogative to decide, although admittedly there are few external factors that will help you confirm whether two players will actually end up on a team in this manner together.

Set aside whether actual planning has gone on: As we have seen with players like Paul George, the expanse of the NBA season can change sentiments for where players would like to play in the future. Nothing is set in stone, even if it feels that way.

At least one report has said that Butler’s interest in the Knicks has been overstated, and that he would like to win now rather than later. Certainly, adding him and Irving to the New York roster would help them move up a few rungs, but it’s unclear whether it would put the Knicks on top of major competition in the Eastern Conference.

For now, we have to sit tight and wait and see where Butler will end up. We likely won’t have to wait more than a few days.