Bruski: Sacramento lines up offers in effort to keep Kings

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It has been a whirlwind of a week for Kings fans and the Sacramento Kings relocation story in general.

We reported first in this saga that ‘Kings to Seattle’ was not a done deal, as sources close to negotiations told us there were many hurdles for the deal to clear, and that Sacramento had multiple, qualified buyers that could either meet or beat Chris Hansen’s offer.

This has played out over the last 24 hours as multiple buyer groups have stepped up in Sacramento to buy the Kings, including a group that is connected to Ron Burkle.

In terms of the math and money, as we reported in September the reason Sacramento has a shot against top-tier owner prospects such as Seattle’s Hansen and billionaire deluxe Steve Ballmer is that they don’t have to pay as much for the team.

Anybody moving the team will have to account for at least $100 million in unpaid loans to Sacramento (~$75 million) and relocation fees (~$30 million), and this is a very low estimate. That number increases as you account for moving costs, and the fact that the relocation fee could be more than $30 million. We’re reporting that this number could go as high as $300 million if the league really wants to flex its muscles in getting what it wants.

Our report Thursday estimated a $425-450 million price tag for Sacramento to hit in order to start outperforming Seattle’s offer. Sam Amick of USA Today was able to confirm with Sacramento mayor Kevin Johnson at his charity event that this was indeed the city’s initial target, and also that the mayor would be approaching David Stern to speak at the NBA’s Board of Governors meeting.

In a moment of levity at that charity event, attendee LeBron James was asked by Johnson if he could buy the Kings and keep them in Sacramento and he responded with, “get me my check book.

LeBron isn’t going to have to reach far because Sacramento buyers have been making themselves known over the past 24 hours. Mark Mastrov, former CEO of 24 Hour Fitness and San Francisco investment firm JMA Ventures have thrown their hats in the ring.

JMA Ventures is proposing to buy the team and build a $400 million downtown arena where a downtown mall they recently purchased currently sits. CBS 13’s Steve Large reports that group includes Darius Anderson, who is the same man that connected mayor Johnson to Ron Burkle.

According to sources there are more interested buyers being filtered through the process, too. The Sacramento market is all-but rubber stamped with $200 million or more of public investment toward a new arena and has an extreme level of fan support. Being the No. 20 television market doesn’t hurt, but having no other sports teams to compete with is what puts it in the same category as a larger market like Seattle, which has the Seahawks, Mariners, and Sounders to steal entertainment dollars.

In Sacramento, all they have is the Kings.

Assuming Hansen and his group don’t want to start acting like the drunk guy at an auction, then the NBA is going to be choosing between two similar offers. The owners in Sacramento might not be Ballmer-rich, but Burkle was good enough to drop David Stern’s jaw and Mastrov finished second to Joe Lacob’s group in Golden State, ahead of Larry Ellison.

The NBA isn’t picking between steak and chopped liver, here.

But if for some reason they don’t let California’s capitol city have a shot here, and they allow the team to be moved to Seattle, then the NBA will be the ones left holding the Sacramento’s beating heart after the Maloofs rip it out of their convulsing chest.

Charles Barkley said it best on TNT:

“I’ve always like the Maloof brothers, but they’ve screwed this thing up royally. All these teams try to screw these cities, that’s what the deal is. I don’t think it’s right for all poor people to build these cities all these major stadiums year after year after year. Every ‘x’ amount of years, they screw the fans and the taxpayers and make them build them bigger stadiums and bigger stadiums and bigger stadiums. I think these owners are worth so much money … does a city benefit? Of course a city benefits. But this thing in all sports been screwing these fans for the last 30 years, moving from city to city. Because those people in Sacramento, those were some of the best fans in the world. They screwed Seattle because they wouldn’t give them a new arena, and those fans in Seattle were amazing. But this is all about the owners just being greedy and screwing these fans.”

We’ve reported the NBA’s billion dollar subsidy issue here for nearly two years now, as the league and its players have received over $3 billion in public funds for arenas since 1990.

This happens because the league and its owners pit cities against one another with threats of relocation if a city doesn’t pay up for an arena, but in the case of Sacramento they did everything they could and then some according to multiple league sources.

One league source with intimate knowledge of the situation called it “a model offer of public funds.”

The league is walking dangerously close to the line in which people get fed up and they start to lose those subsidies they love dearly. In Seattle, yes their own politicians screwed up and were culpable in the matter, but the league’s underhandedness and heartlessness was brought to life in the documentary Sonicsgate. It’s not pretty.

But unlike that story that was told after the fact, the saga in Sacramento is playing out in real-time. The NBA media is getting constant updates on their Twitter feed about the incompetent, despicable Maloof family and how they’re leaving the house in worse condition than they found it.

This twisted tale is filtering all the way down to the fans, and when Charles Barkley talks about the deplorable business tactics of the NBA on TNT the cat is out of the bag.

This isn’t just league insider talk anymore, it’s coffee talk.

If the Kings leave Sacramento, it will transcend sport. The story of Sacramento Kings fans, arena workers, and the like will make the morning talk show rounds, ultimately culminating in a national discussion about the role of public money in professional sports.

Seattle — a victim of the system – is excited that their Sonics might be coming home, but the mere exercise of having to replace the team that was stolen from them is a trying experience.

And even if they can secure an NBA team, some Sonics fans are having trouble with their own moral relativism.

For years they’ve railed on the NBA for stealing their team and now they’re trying to steal Sacramento’s team. They’re slowly understanding what it means to have that blood on their hands, and many Seattleites are already speaking out saying the juice isn’t worth the squeeze – especially when they know they stand a very good chance of getting a team down the road under more moral circumstances.

Unlike the Oklahoma City fans that can point at Seattle’s politicians and argue that they slept on the job – Seattle fans have no such target.  Kevin Johnson has moved mountains to keep this team while the Maloof family can’t get out of their own way.

Besides wanting to move the team since they purchased it and ruining every arena deal the city tried to create in good faith, the Maloofs sold profitable businesses to build a pipe dream casino a mile off the strip in Vegas and it led to their downfall.

Rather than atoning for their financial mistakes, the Maloofs have dragged the league through embarrassment after embarrassment through the years, all because they cannot afford to own an NBA team.

Every subsequent episode is their worst one and the shenanigans come with increasing frequency, as just Friday night a report surfaced that their Palms Casino was getting popped with a $1 million fine for a prostitution and cocaine ring (no word if the price of the Kings just went up).

This isn’t a case of Sacramento not deserving the team, or not having the wherewithal to keep the team, but rather a case of a Maloof family that makes Antoine Walker look like Warren Buffett.

Sacramento has been paying for this Maloofery for years, and nobody is comfortable with an indecent proposal leaving Kevin Johnson at the altar. Not Stern, not Seattle, and probably not Gavin and Joe Maloof — whose love of Sacramento has been trumped by brotherly grudges and family needs.

It’s against this twisted backdrop that sources close to the situation believe Sacramento has a chance, and some sources believe they are actually favored to keep their team. I happen to share that belief.

Once again it all comes back to the NBA. They can tell the Maloofs what to do here. If the offers between the cities are close, they can decline the move to Seattle and force the Maloofs to take them to court in an antitrust case if they don’t like it.  There, the league can show a laundry list of claims that show the Maloofs are putting the league’s subsidy industry at tremendous risk by selling to Hansen.

After all, what city or politician can sell their constituents on making a long-term investment in the NBA when Sacramento did everything a city could to protect their investment and got told to kick rocks.

Also in the NBA’s arsenal would be the aforementioned increased relocation fee up to $300 million, and if push comes to shove David Stern can remove the family from the league using the ‘best interest of the league’ clause.

Regardless of what some of their intermediaries might like you to think, the Maloofs aren’t going to wade too far into those waters.

With the family’s debt to the league upwards of $127 million and as high as $217 million by some reports, and their financial situation a total mess, they’re bringing a whoopee cushion to a gun fight if they want to go to court.  And if they do, they won’t have the law on their side unless Hansen can drastically overpay for the franchise, giving the Maloofs the argument that the league is costing them significant money by forcing them to sell to Sacramento.

Even then, the cash-strapped and beleaguered Maloofs would still have to win that battle in court.

Looking outside the courtroom and toward the league office, there has been a lot of talk about the wrongs that David Stern wants to ‘right’ in Seattle, and how he wants to remove that inscription from his tombstone.

You can’t cross out Seattle’s name and simply write in Sacramento’s and change your legacy.  We all learned in kindergarten that two wrongs don’t make a right.

But that’s not what’s really at stake here.

As usual it comes down to the money, and with all things equal in this case the threat of killing the public subsidy goose will be the tiebreaker.

With Kevin Johnson’s legitimate, comparable offer from more-than-reputable buyers in hand, the NBA will have to both look a gift horse in the mouth and sanction Sacramento’s open-heart surgery if they move the team to Seattle.

And if they do, it’s going to leave a mark. A $3 billion mark.

And unless you’re the Golden State Warriors that’s not good for business.

Tim Connelly eager to finish what he started with Nuggets

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DENVER (AP) The prospects of a return home to Washington were undeniably appealing to Tim Connelly.

Not nearly as alluring as this: Finishing what he’s started.

The Denver Nuggets president of basketball operations elected to stay in town even with the Wizards calling. Things are booming these days with a Nuggets team that boasts a young nucleus led by big man Nikola Jokic and that won 54 games in the regular season. They were the No. 2 seed in the West before losing to Portland in Game 7 at home during the second round of the playoffs.

There was just too much work left to be done in Denver to consider taking Washington’s front office job even if it would’ve been with the organization where Connelly got his start and in the area where he and his wife are from.

“It’s safe to assume, and maybe it’s me being overly optimistic, that we’re going to see a better version of us next year,” Connelly said Tuesday. “I don’t know if that means more wins. I don’t know if we’re going to win a playoff series and advance, but I don’t think there’s any reason to think there will be any regression next season.”

A Baltimore native, Connelly appreciated the audience with Wizards owner Ted Leonsis. He said he was flattered by their recent “exchange of ideas” as the Wizards look to fill the role of team president after Ernie Grunfeld was fired in April.

“The relationships that have been built up here and the hard times we’ve been through – it was very hard to envision leaving something that has been so hard and so long coming in its build,” said Connelly, who broke into the NBA with the Wizards as an intern in the basketball operations department, then as an assistant video coordinator and as a scout.

Connelly was hired as Denver’s general manager in July 2013 and it took a while for the team to take off. Team President Josh Kroenke stayed patient with him. Connelly brought in coach Michael Malone before the 2015-16 season and they’ve steadily progressed since – from 33 wins in Malone’s first year to 40 wins in ’16-17 to 46 in ’17-18 and finally to 54 this season, including a league-leading 34-7 home mark.

“We did not get off to a good start by any stretch, and (Kroenke) doubled down on what easily could have been perceived as an initial mistake because he liked the processes and liked how we attacked our job day to day,” said Connelly, who was promoted to president of basketball operations in 2017. “Loyalty and patience is such a rarity in professional sports and that’s here in spades. So those things matter to me.”

Connelly and his staff have struck it rich in the draft, taking Jokic with the 41st pick of the second round in 2014. They’ve also selected Jamal Murray, along with up-and-comers Juancho Hernangomez, Malik Beasley and Michael Porter Jr., who sat out this season as he recovered from back surgery.

The biggest offseason decision remains this: What to do with veteran leader Paul Millsap. The team holds a $30 million option, which could be restructured.

“I fully expect Paul to be back in a Nuggets uniform,” Connelly said.

On the free agency front, Denver hasn’t exactly been an attractive landing spot in recent summers. But Connelly sees that starting to change and believes the unselfish play of Jokic could be an enticing selling point. Denver could be in the market for another shooter and a power forward in order to take the next step.

“It will be fascinating to make those calls” in free agency, Connelly said. “If they say it’s about winning and the answer is about winning and they don’t talk to us, then I think it’s a disingenuous answer.”

The Nuggets definitely turned some heads throughout the regular season as they challenged Golden State down to the wire for the best mark in the West. They beat San Antonio in seven games in the first round before falling to the Trail Blazers.

“We sent a pretty loud message,” Malone said. “I think there were questions about our team all year long, for whatever reason: How legitimate are they? Are they really a No. 2 seed? Can they take their game into the playoffs with so many young guys that’ve never been there before?

“We answered so many questions about our team in the best way possible.”

NOTES: Malone said Jokic’s race horse, Dream Catcher, recently won a race in Serbia. “He made sure I knew about it, because the last race he won I was at,” Malone said. “I thought I was a good-luck charm but obviously I’m not.”

More AP NBA: https://apnews.com/NBA and https://twitter.com/AP-Sports

Watch Kawhi Leonard dunk all over Giannis Antetokounmpo

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Kawhi Leonard and the Toronto Raptors took Game 4 against Giannis Antetokounmpo and the Milwaukee Bucks on Tuesday, 120-102.

Things started off okay for Milwaukee but started to peter off as the hometown Toronto crowd got behind their Raptors. The bench continued to show up for Leonard’s squad, and it was Kyle Lowry dueling it out with Antetokounmpo in the first quarter.

Leonard scored 19 points to go with seven rebounds and four steals, and perhaps his most impressive play of the night came early in the third quarter. Running a little two-man game with Marc Gasol, Leonard cut to the basket and wound up dunking all over the Milwaukee star.

Via Twitter:

Leonard appeared to hobble a little bit after his dunk, but he should be ready to go for Game 5 on a Thursday night. Meanwhile, the series heads back to Wisconsin all tied up at 2-2.

The victor of this series will get to take on the Golden State Warriors in the 2019 NBA Finals.

Andre Iguodala says Stephen Curry is the second-best PG ever

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The Golden State Warriors are moving on to the NBA Finals yet again, thanks in large part to the efforts of Stephen Curry. Golden State’s point guard is now heading to his fifth-straight finals, and without Kevin Durant he was a big reason why the Warriors were able to beat the Portland Trail Blazers in just four games.

Of course there is a real worry that Durant won’t be able to play in the NBA Finals, either partially or fully, thanks to a calf injury. If that’s the case, and the Warriors can take home another championship trophy, it could mean great things for Curry’s legacy.

Curry is currently chasing Magic Johnson as the best point guard ever in the eyes of many folks. What might help solidify Curry’s place in history would be an NBA Finals MVP, which he would likely wind up with if Durant is unable to impact the Finals the way he has.

At least for Andre Iguodala, Curry is already the second best point guard of all-time.

Via The Athletic:

“I think he’s the second best ever,” Iguodala said. “I always thought that about him. I knew but other people didn’t know. So I wasn’t surprised when he took over that series. But I always gave Tony Allen credit. Playing against him made you understand the grind of how hard it is to win. It’s supposed to be hard. You’re supposed to have to find another way. It’s supposed to be uncomfortable. He just embraced that. Just ingrained that into his system and it’s been there ever since.”

The real question is what Curry’s legacy will be after these Finals, particularly if they win without Durant. Some people aren’t keen to compare eras, and might never move off of Johnson for that spot. It seems reasonable to say that Curry is already the best shooter of all-time, but June could elevate him even further.

Raptors’ halfcourt defense, big games from Gasol, Lowry evens series with Bucks

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Slow your roll on “these Bucks can challenge Warriors” takes…

They are going to have to get out of the East, first. And that is proving to be more difficult than it looked after two games.

Back home in Toronto, the Raptors slowed the game’s pace down and used an impressive halfcourt defense — the Bucks scored less than a point per possession when transition was taken away — to control this game. Giannis Antetokounmpo had 25 points and 10 rebounds, and Khris Middleton added 30 points, but outside those two the Bucks shot 35.4 percent and had just 13 fast break points. It all kept the Bucks offense relatively in check.

Relatively is good enough when everyone is hitting their shots.

Kawhi Leonard had a quiet 19 points, although he did have the dunk of the playoffs all over Antetokounmpo.

Leonard didn’t have to carry the team because everyone in white seemed to be knocking down their shots. Kyle Lowry had 25 points on 11 shots, Marc Gasol had 17 (and his aggressive offense the last two games has stressed the Bucks defense), Norman Powell had 18, Serge Ibaka 17 points and 13 rebounds, and Fred VanVleet had 13 points on six shots. The Raptors bench scored 48 points. Leonard (or Lowry) would draw attention on drives, but when the ball was kicked out and swung around, the open man didn’t hesitate and rarely missed.

All that led to a 120-102 Raptors win where Toronto was in control most of the way.

The series is now tied 2-2 and heads back to Milwaukee where the best-of-three left starts.

The Raptors continue to defend well in the halfcourt, with the Bucks scoring less than a point per possession (0.93) this game. In three of the four games, the Bucks have scored less than a point per possession in the halfcourt, but that only really matters if they can keep Milwaukee out of transition. The Raptors did that at home in a game with just 96 possessions, the fewest in this series (stats via Cleaning the Glass).

Individually, Milwaukee and Mike Budenholzer have leaned on Nikola Mirotic more in recent games, and the Raptors are now attacking him when they have the ball.

Combine that with an aggressive Gasol — he has started taking the shots from three that he hesitated on in the first two games — and his 3-of-6 from deep has become a big problem for Toronto.

Toronto had this in hand much of the second half, so much so that Drake was helping Nick Nurse relax on the sidelines.

The Bucks will need their other players — Eric Bledsoe, who had 5 points on 7 shots, and Brook Lopez, who had 8 points — to step up in the final games if they are going to advance.

The Raptors have found a formula that works, it’s on the Bucks now to adjust.