Sources: Sacramento Kings to Seattle not a done deal just yet

22 Comments

The ongoing joke about the Maloofs in league circles is that they can get the girl’s phone number, but they can’t close the deal.

After Adrian Wojnarowski’s report that the Maloofs are close to finalizing a $500 million deal with Seattle billionaire Chris Hansen, closing a deal shouldn’t be a problem this time, but there are plenty of reasons to not call it a “done deal” just yet.

Wojnarowski said as much when he tweeted “No agreement signed, but one source describes deal as “1st and goal at 1.” Maloofs history of changing course late still makes many uneasy.”

Indeed, sources close to the situation told PBT that there are still many hurdles for this deal to overcome, and that Sacramento still has willing, reputable buyers ready to meet or beat Hansen’s offer in order to keep the franchise in town.

Indeed, as reported here numerous times, Hansen would have to drastically overpay in order to outdo the Sacramento ownership groups, because Sac owners don’t have to account for a relocation fee, a city loan back to Sacramento, and the hard costs of moving. Sources say that this will total a minimum of $125 million, and should the NBA decide they want to levy a higher relocation fee to even out the playing field that number could increase.

This means that if the Maloofs sell to Hansen for $500 million, that in reality they are getting much, much less. In Sacramento, this means that it’s time for their local buyers to step up with their offers, and make the same effort the city made in the spring of 2011 when the Maloofs had most believing the team would move to Anaheim.

An offer of $425-$450 million dollars would start to put more money in the Maloofs’ pockets than the Seattle offer does, and that’s where the next step in this relocation debacle lies.

If there is any silver lining to today’s events for Kings fans and Sacramento, the Maloofs should be willing to entertain a bidding war, unless it is out of pure spite and indifference to any league reaction opposing such actions.

There are other hurdles for the deal to clear, including an up-or-down vote from the Board of Governors after a recommendation by the league’s relocation committee, headed up by none other than Clay Bennett. Bennett saw firsthand the difference in how the Seattle politicians turned their back on the Sonics when he arrived, independent of his and the league’s mishandling of that situation, and he has been extremely impressed with Sacramento’s efforts to keep their team.

However, David Stern has said he would try expedite any sale that moves a team to Seattle.

Hansen and the Maloofs will need to convince Bennett and the other 29 owners that torching the No. 20 Sacramento market, along with all of the negative attention the league’s relocation behavior will receive, will be worth the incremental benefit of going to a somewhat larger market with a handful of professional sports teams.

There are plenty of benefits to being in Seattle, and Hansen is the type of owner that they want. He and his group are about to throw nearly a billion dollars to obtain a franchise that Forbes valued at $300 million. And there is some sentiment that Seattle needs to be indemnified for what happened to them, though most sane people would say that two wrongs don’t make a right.

In Sacramento, this is the ultimate show us your hand moment. Look for mayor Kevin Johnson and his people to respond soon, and as we know with the Maloofs if there is anybody that can’t close a deal – it is them.

UPDATE: CBS 13’s Stephen Large reports that the Maloofs have rejected Hansen’s $500 million offer, and mayor Johnson has tweeted his previously successful message of “It’s not over.” This now has the look of a bidding war, and we’re likely in the end game with two cities being dragged through the mud at the same time.

UPDATE II: The Sacramento Bee’s Ryan Lillis tweeted “Talks related to #NBAKings sale have been ‘conceptual,’ source tells The Bee. Reports sale is done are premature.” Buckle up folks, this story has already hit ludicrous speed in just about every way imaginable.

NBA players roast Kyle Kuzma over outfit posted to Instagram (PHOTOS)

Instagram
Leave a comment

Kyle Kuzma is going to be expected to have a big year for the Los Angeles Lakers. He thinks he can have the impact of a third star for L.A., a team that didn’t add Kawhi Leonard to go alongside LeBron James and Anthony Davis this summer.

That’s big talk from Kuzma, but perhaps that talk has boosted his confidence a little bit. In a photo posted to Instagram this week, Kuzma could be seen wearing… whatever this is.

Via Twitter:

Twitter had a great time with Kuzma outfit, which looks like something pulled straight out of an early 2000s episode of TRL.

Kuzma’s contemporaries in the NBA thought he was getting a little wild with it, too, with several hopping onto the post to roast the Lakers big man.

Via Twitter:

I don’t know what this means for the upcoming Lakers season, but I’m sure it’s something interesting.

Draymond Green says he’s ‘at a loss for words about’ DeMarcus Cousins injury

Getty
Leave a comment

Everyone has been upset about the recent ACL tear suffered by DeMarcus Cousins. The Los Angeles Lakers big man just can’t seem to catch a break, and has injured his Achilles, quad, and now ACL in the span of two years.

Last year was supposed to be one of retribution for Cousins with the Golden State Warriors, but the results were disappointing. Even still, the Lakers decided to take a chance on Cousins as they tried to push for supremacy in the Western Conference.

Meanwhile folks have shown their support for the former Sacramento Kings All-Star, with Draymond Green being the most recent star to offer comment. The former Warriors teammate of Cousins told ESPN how he felt about the injury this week.

Via ESPN and Marc Spears of The Undefeated:

“One of my goals coming into this season was for DeMarcus to destroy everybody and come back and show how great of a player he is and get what I think he deserves,” Green told The Undefeated’s Marc Spears. “I’m really at a loss for words about it. It’s one that really hurt me for sure.”

Cousins is now 29 years old, and the question is whether he will ever return to any kind of form approaching what he had in Sacramento. His injuries have been devastating, and they are the kind that few have returned from to play at an elite level in the NBA.

Cousins appears to be fast approaching a spot in NBA history with other potential greats whose careers were ruined by injury. Hopefully he can find a way to avoid that track.

Rumor: Jeremy Lin, open to playing in China, now in talks with Beijing Ducks

Getty
1 Comment

Jeremy Lin does not appear to be on the radar of any NBA teams at this juncture. It has been an up-and-down summer for Lin, who won a championship with the Toronto Raptors back in June but finds himself a free agent here in August.

Lin has already said that it’s been extremely tough for him to go without a contract this offseason, and it was reported that he turned down a deal with CSKA Moscow to pursue further NBA opportunities.

Now there are murmurs that Lin could be headed to China to play for the Beijing Ducks. According to Sportando, Chinese reporter Sonx Xiang is saying that Lin and the Ducks are closing in on a deal.

NBA players can go on to have lucrative careers in the CBA. Lin is still a decent enough scorer at the NBA level, and it’s most likely he would fit into the Chinese game quite well.

As a branding and personal opportunity, China could fit Lin nicely. He’s currently on his annual tour of Asia, helping kids across several countries with basketball camps and charitable concerns.

The South China Morning Post has reported that Lin said he would be willing to play in the CBA. Lin also told website Radii of his trips to China that, “When I go there, I feel the most at home.”

Make no bones about it, Lin would much rather play in the NBA this season. Looking at his numbers on Synergy, it’s sort of surprising that nobody would want him as a third point guard on a minimum deal. But in the meantime, Lin has spent a significant amount of time in China and feels a kind of purpose when he’s there.

If he’s got to be away from home — and away from the NBA — this might be the best option for Lin available right now.

Victor Oladipo says Pacers “definitely” a playoff team, maybe more in wide-open East

Associated Press
Leave a comment

With a number of new faces — Malcolm Brogdon, Jeremy Lamb, T.J. McConnell, Justin Holiday, T.J. Warren — and star Victor Oladipo out until mid-season, predicting where the Indiana Pacers will land in the East next season is difficult.

Oladipo himself has a good idea where, as he told J. Michael of the Indy Star.

“Playoffs, for sure. Definitely.”

And maybe more.

After Milwaukee and Philadelphia at the top, the East is wide open. Last season the Pacers were an impressive defensive team — third-best in the NBA, anchored by Myles Turner — but a middle of the pack offense (before Oladipo tore the quad muscle near his knee and was out, after that they fell off to bottom 10). The challenge was that after Oladipo the Pacers did not have a lot of shot creation options on the roster (Bojan Bogdanovic did well picking up the slack, he’s good but not elite in that role).

Ths season Brogdon can create, Lamb can create for himself, both can play off the ball, and there are just more options, especially once Oladipo returns and everyone gets on the same page.

A team that had difficulty with execution because it had a dearth of ballhandlers should score more on offense and be able to switch more on defense…

“We have the ability now to play that way. We have the personnel to play that way,” he said. “We have a lot of guys who can do things with the ball. Not only me. I don’t think we’ve had that before. It’s going to be a lot of opportunities for guys to go out there and make things happen.”

That kind of team could be very dangerous in the East.

Before that, however, there are a lot of new pieces to fit together in Indiana. Then mid-season their best player in Oladipo returns and there will be another round of adjustments, with guys needing to accept changing roles.

If it all comes together for Nate McMillan and crew, the Pacers are a playoff threat, but there are a lot of “ifs” to get to where the Pacers want to ultimately be.

For now, get to the playoffs, get healthy, and then we will see just what this team is capable of.