Report: Details of Kings sale to Seattle laid out for relocation committee

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While many people in Sacramento continue to work to put together a package that can help keep the Kings in in the California capital, the machinery of a sale of the team to a Seattle group planning to move the franchise north continue to move forward.

It’s reached the point that members of the NBA Board of Governor’s relocation committee were briefed on the “non-binding deal points” of a potential sale of the Kings to the Chris Hansen/Steve Ballmer group of Seattle, reports Adrian Wojnarowski of Yahoo Sports and the NBC Sports Network.

The call took place on (January 8) – one day before Yahoo! Sports reported the finalizing of a deal – and informed several league owners that the Hansen-Ballmer Seattle group would purchase 65 percent of the Kings, sources said. The league office told members of the relocation committee that the non-binding agreement would constitute 53 percent of the franchise owned by the Maloof family and an additional 12 percent from minority owner Bob Hernreich….

It is unclear if the selling of 53 percent of the Maloof’s share would leave them with any future stake in the franchise, but sources have told Yahoo! Sports that there’s no circumstance where which the Maloofs would keep any real input or governance over day-to-day team operations.

The timeline here is really March 1 — that is when a new ownership group would have to apply for relocation (that could be pushed back a couple weeks, not much more). What everyone wants to avoid is another lame-duck year with the team in Sacramento owned by the Maloofs.

That this went so far as to be laid out for the relocation committee shows it is being taken seriously. The relocation committee — ironically headed by Oklahoma City owner Clay Bennett, the guy that moved the former Sonics out of town — would delve into the details of a request to move the team and make a recommendation to the full Board of Governors (all the owners).

That said, the deal is not done. And complex deals like this one — the Kings owe $77 million to the city of Sacramento if the franchise moves plus at least $125 million to the league’s credit program — can easily fall apart over the details.

What is new here is the $525 million is how much the franchise is being valued at, but if the new owners only get a controlling interest of the team at 65 percent they would only have to pay less than $350 million. Which for a group led by Hansen (a hedge fund guy), Ballmer (the current head of Microsoft and worth $14.7 billion) and with supporting players like the Nordstrom family is no problem.

In Sacramento, mayor Kevin Johnson is working hard to put together a group and plan looking for the right to match any reasonable Seattle offer to keep the team — they are talking to people who could buy the team as well as plan for a new arena in town (which would be done now were it not for the Maloofs in the first place). Johnson wants to make his pitch to NBA ownership when they meet All-Star weekend in Houston.

While both sides push ahead, the Maloofs remain the wild card. Nobody knows what their next move might be. It would be easier to guess what Jodie Foster might say at before the Golden Globes than to guess what the Maloof family will do next.

James Harden scores 61, ties Kobe Bryant’s Madison Square Garden visitor’s record (VIDEO)

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James Harden has been on a Wilt Chamberlain-level streak the past few weeks, it’s unlike anything we have seen in the modern NBA.

Wednesday night he topped himself.

James Harden scored 61 points against the Knicks. That would be:

• Harden’s career high.
• Tied with Kobe Bryant for most points scored by an opponent in Madison Square Garden (Carmelo Anthony holds the overall record at 62).
• A Rockets’ franchise record.
• His 21st consecutive 30-point game, tying Chamberlain for fourth-longest such streak in league history.

Oh, and Harden had the seal and dunk that sealed the win.

Harden also had 15 rebounds in the game. The last player to have 60+ points and 15+ rebounds in a game? Some guy named Shaquille O’Neal back on March 6, 2000, with the Lakers.

Harden is playing like an MVP — and the banged-up Rockets need him to if they are to have a chance to win every night.

Report: Wizards not trading Bradley Beal, but if team slips Otto Porter could be available

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The Washington Wizards have won 7-of-10 and have climbed up to the nine seed, just a couple of games out of the playoffs in the East. Without John Wall, the Wizards are making a push to get into the postseason.

Which impacts whether they are willing to trade players at the deadline.

The Wizards are not trading Bradley Beal — the most coveted of their stars — but might be open to Otto Porter trades if the team slides back, reports Shams Charania of The Athletic.

Wizards star guard Bradley Beal is not going anywhere, which Washington has made adamantly clear, league sources told The Athletic. Depending on how the next week to two weeks shape up, the Wizards could look more aggressively toward moving Otto Porter. The Utah Jazz have been an interested suitor for Porter, league sources said.

History suggests the Wizards will not be sellers. The pattern for owner Ted Leonsis and GM Ernie Grunfeld has always been to think short term and make the playoff push, even when it was not the smart thing to do. We should expect that again. Maybe Washington crawls into one of the final playoff slots in the East, but is that the smart play?

Don’t expect the Wizards to move Porter, even if they wanted to finding a team to take on his $26 million for 13 points a game this season would be difficult (although Utah would be a good fit), plus Porter is owed $27.3 million next season and has a player option he very likely will pick up for $28.5 million two seasons from now.

Pacers’ Victor Oladipo stretchered off court after scary knee injury (VIDEO)

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Let’s hope this is not as scary as it looks.

Pacers’ All-NBA, All-Star guard Victor Oladipo was trying to defend a length-of-the-court pass to Pascal Siakam when Oladipo went down with a brutal knee injury were his kneecap was clearly not in the right place. Oladipo had to be taken off the court on a stretcher. The video is below, but be warned this is not pretty.

The team’s official announcement called the injry “serious.”

Oladipo is the Pacers’ best player and was a lock to be an All-Star reserve averaging 19.2 points, 5.7 rebounds, and 5.2 assists a game this season in Indiana. His efficiency had dropped his season as teams game planned more for him. Beyond that, you’d be hard pressed to find a kinder, more genuine person around the NBA than Oladipo.

Quickly the NBA community rallied on social media to Oladipo.

Grizzlies franchise burning down. Literally. They had a locker room fire Wednesday.

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Things have seemed like they are burning down around the Grizzlies the past few weeks: The team has lost 12-of-13 games and now long-time franchise stars Mike Conley and Marc Gasol are on the trade block.

Now the franchise is on fire — literally. They had a locker room fire in the FedEx Forum, which fortunately was small and no one was injured.

Fortunately, there were no injuries or serious damage.

But this seems about right for the Grizzlies lately.