Breaking: Deal between Maloof family, Seattle’s Chris Hansen for Kings struck, to be announced

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While Sacramento will get a final shot to convince NBA owners that this is not something they want to approve, sources have told ProBasketballTalk that Seattle’s Chris Hansen is ready to announce a tentative agreement to purchase the Sacramento Kings in the coming days.

Following this come reports other teams have been notified of a sale, something PBT can confirm. The sale price is $525 million of which the new owners will get 65 percent.

Adrian Wojnarowski reported a week ago a deal between the Maloof family and Hansen was “at first and goal from the one,” and furthermore that the Kings moving to Seattle was a done deal. That report had been echoed by CSN Bay Area’s Matt Steinmetz and David Aldridge of NBA.com, though each reporter left a little wiggle room in case the Maloofs changed their minds.

According to our sources, any deal sending the Kings to Seattle would not be a done deal because any deal would be subject to an approval by the NBA’s Board of Governors.  In addition, sources tell PBT that Sacramento has been approached by at least three groups of “heavy hitters.”  Sacramento could be getting close to announcing a group that meets NBA criteria that has the “vision to transform one of the NBA’s most proven markets into a top NBA franchise.”  This, they believe, will help win the NBA’s support for keeping the Kings in Sacramento.

As we’ve followed this story for the last two years, the city of Sacramento has bent over backwards to accommodate the Maloofs according to sources from all sides of the situation. One league source called their offer of public funds to build an arena for the Maloofs a “model offer of public funds,” and the NBA itself supported the failed deal from last year that the embattled Maloof family backed out of.

Since reports of the Kings’ move to Seattle have hit the net from very reputable sources, Sacramento has been firing on all cylinders in what has been a long-term initiative to respond in the event the Maloof family was willing to sell the team. Indeed, sources close to the situation in the California capitol have told PBT that preparing for this contingency has been a prime focus of the city, and that when it comes time to present Sacramento’s offer to the Board of Governors that they believe it will be a compelling and competitive offer.

It will be up to the Board of Governors — made up of the 29 other NBA owners — to make that determination.

We reported in September that Seattle’s Chris Hansen would need to put up more money to beat Sacramento’s offer, and that is one of the main sources of the city’s confidence according to sources speaking on condition of anonymity.

We calculated that an offer from Sacramento of $425-450 million for the overall price of the Kings franchise would put more money in the Maloofs’ pockets than the reported $525 million offer from Hansen, because a Sacramento owner would not need to worry about the Maloofs’ outstanding loan to Sacramento (~$75 million).  The city also doesn’t have to worry about the league’s relocation fee, which was $30 million when the Sonics moved to Oklahoma City and became the Thunder, although the Board of Governors can set that fee at whatever level they wish. USA Today’s Sam Amick confirmed Sacramento’s target offer in his exclusive interview with Sacramento Mayor Kevin Johnson last week.

The biggest point in Sacramento’s favor according to sources is the “model offer” of public funds itself, an offer that was in excess of $200 million in a California climate that normally doesn’t support public funds for sports facilities.

Sources close to the situation tell PBT that this, along with the league’s fear of another Sonicsgate, will be the deciding factors should Sacramento be able to provide an actionable offer that is competitive with Seattle.

The Maloofs themselves have reached the point where they have to sell the team, something that doesn’t really help their leverage. Their financial struggles are well documented and in May they asked their minority owners for a $10 million cash call. Along with the threat of having a lame duck year in Sacramento, nobody with knowledge of the situation has said that there is a realistic chance that the family decides not to sell.

This means that this story is coming to a head, and if the Board of Governors pushes the Maloofs toward the Sacramento offer they will have to listen. Because a Sacramento offer can put the same type of dollars in the family’s pockets, sources in Sacramento like the city’s chances to pull this out.

Favoring Seattle is the fact they have a larger television market than Sacramento (Seattle is 14th, Sacramento is 20th), and that a relocation fee assessed to Seattle could put money in each owners’ pockets, but Sacramento isn’t without ammunition here.  They have no competition from other sports teams and have a long and storied history of supporting their franchise.  They are also arguably further along in their arena building process, as Seattle is still facing two relatively toothless lawsuits and an environmental review while Sacramento’s arena deal was ready for approval last year.  In addition, as SB Nation’s Tom Ziller points out, there are several reasons that expansion could benefit the league and owners would also benefit from an expansion fee in that case as well, which would theoretically give the Hansen group a better price point to join the club.

Sacramento has been working for a long time and has not been caught off guard by the Maloofs’ intentions to sell. As long as Mayor Kevin Johnson can deliver the package he has been foreshadowing, it will be up to the league to decide whether or not they want to turn their back on Sacramento.

As usual, it comes down to showing the league the money. Fortunately for Sacramento, this is something that Mayor Johnson has a great track record with.

Sacramento Mayor Kevin Johnson will reportedly get that chance, but he’s going to have to convince the owners to reject a deal put before them. While those same owners did that in the case of a proposed Kings move to Anaheim, this may be a tougher pitch for Sacramento.

Mike Budenholzer no fan of Drake’s free run on Toronto sideline

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Drake is the Mayor of Toronto.

Actually, he does fewer drugs than some former mayors of Toronto, and Drake was not elected, but he’s The Mayor in any meaningful way. The man can do whatever he wants.

Such as walk up and down the sidelines of a Raptors game with impunity, and give Nick Nurse a massage during the game.

Bucks coach Mike Budenholzer has much bigger things to worry about — such as were Eric Bledsoe misplaced his shot — but somehow during his conference call with the media on Wednesday, before a critical Game 5, Drake was the topic of discussion. Budenholzer is not a fan of Drake getting to patrol the sidelines. Via ESPN:

“I will say, again, I see [Drake talking to Raptors] in some timeouts, but I don’t know of any person that’s attending the game that isn’t a participant in the game a coach,  I’m sorry, a player or a coach, that has access to the court. I don’t know how much he’s on the court. It sounds like you guys are saying it’s more than I realize. There’s certainly no place for fans and, you know, whatever it is exactly that Drake is for the Toronto Raptors. You know, to be on the court, there’s boundaries and lines for a reason, and like I said, the league is usually pretty good at being on top of stuff like that.”

Drake responded on Instagram, first with a post that had a series of emojies, and then during an Instagram Live post where he liked a comment to his post where part of it was: “If you don’t want the opposing team to celebrate and dance, prevent them from scoring, winning, or achieving their objective.”

My guess is the league (and maybe the referees before Game 6 in Toronto) will reach out to Drake and tell him he can’t go Joe Biden on a coach during the game, and to stay near his seat. This is precisely the kind of distraction from the game that fans love to talk about and annoys the league office, which wants the focus on the court.

Personally, the more personality around the game, the better. It’s entertainment people, enjoy the show.

Knicks president Mills says Porzingis threatened to return to Europe if not traded in seven days

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If you thought the Knicks thrashing or Kristaps Porzingis on his way out the door was over, well, you haven’t been paying attention to the Knicks.

Team president Steve Mills was at a Knicks fan forum on Wednesday and was asked about the Kristaps Porzingis trade and dropped this bomb: Porzingis gave the Knicks the ultimatum of “trade me or I’m going back to Europe.”

“When he walked into our office, my office, and Scott [Perry, Knicks GM] was sitting there with me, and point blank said to us, ‘I don’t want to be here, I’m not going to re-sign with the Knicks, and I’ll give you seven days to try and trade me or I’m going back to Europe.'”

To be clear, Porzingis had to mean going back to Europe to work out and hang out, he could not have played professionally this season. European clubs honor commitments to NBA contracts — they will not sign and play a guy under an NBA contract — the same way the NBA does with European clubs (as well as China and all FIBA leagues).

Saying he wasn’t going to re-sign makes things clear for New York, it’s one of the reasons the NBA touted the “super-max” contract extensions because teams would find out earlier about player intentions. The Europe part, he could have signed there this summer, but the most a European team would pay him would still be more than $20 million less his likely next NBA contract (the top Europeans players make less than $3 million annually). But sure, go ahead and believe Porzingis would leave that money on the table.

For the Knicks brass, speaking in front of Knicks fans, this was the chance to make themselves look good — “see, we already had a good trade in place” — and thrash the guy they had been selling as the franchise savior a year before. It’s all about perception.

The Knicks have a lot of cap space this summer and their perception as a front office will hinge on what they do — or do not do — with it.

Porzingis landed in a good spot with Luka Doncic in Dallas, and the Mavericks will give Porzingis a max contract. Then it’s on him to earn it.

New Suns coach Monty Williams: ‘I’m here at the right time, and I’m here with the right people’

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PHOENIX (AP) The Phoenix Suns have gone through coaches like tear-away racing visors, the count up to five in five years.

The instability has hurt them on the court, the run of playoff-less appearances stretching to nine straight seasons with this year’s 19-63 finish.

Monty Williams, the man GM James Jones hired to coach the Suns, hopes to change the trend.

“Continuity, having a staff here for a while and putting in a system that the players can rely upon, but ultimately it will come down to James, myself and the players pushing this thing forward,” Williams said during his introductory news conference Tuesday. “The players are going to have to embrace a level of work and commitment that it takes to be a champion.”

Williams was hired on May 3 to replace Igor Kokoskov, who was fired after one season in the desert.

Williams’s arrival in Phoenix was delayed while he finished out the playoffs as an assistant to Philadelphia coach Brett Brown. The 76ers were eliminated from the playoffs last week by Toronto on Kawhi Leonard‘s hang-on-the-rim buzzer-beater in Game 7 of the Eastern Conference semifinals.

Williams’ name had been linked to numerous head coaching jobs, including the Lakers, but he wound up in the Valley of the Sun after multiple discussions with Suns owner Robert Sarver.

“In my conversations with Mr. Sarver, I saw someone who didn’t duck the tough questions,” Williams said. “We both had tough questions for each other and in this day and age where people throw each other under the bus, make excuses, blame, I didn’t see that. I saw a man who really wants to bring success to this city and I mean that with all of my heart or I wouldn’t have come here.”

Williams had a previous stint as an NBA head coach, leading New Orleans from 2010-15. A year after he was fired, Williams’ wife, Ingrid, was killed in a car crash.

He didn’t know if he wanted to get back into coaching after her death, but was pushed by his kids to return to coaching the sport he loves.

“When everything happened to my family, my focus was just take care of my children,” said Williams, who has remarried. “That led me to believe I might not ever be able to coach again, and I was cool with that. But they weren’t. And to have your children want you to go back to doing what you love to do gave me even more confidence, more strength. Hopefully that translates and the players can pick up on that.”

The Suns have been known as a dysfunctional franchise, but were lauded for landing Williams, a well-respected, well-rounded coach.

Williams played nine NBA seasons with New York, San Antonio, Denver, Orlando and Philadelphia. He’s been a head coach, an assistant and spent two years in San Antonio’s front office.

“His experience in all facets of basketball as a coach, player development on the offensive side of the ball and the defensive side of the ball, in the front office gives him a unique perspective that I think is well suited for our franchise,” Jones said.

In the Suns, Williams takes over a young team with two star-quality players at its core: Devin Booker and Deandre Ayton.

Booker has developed into one of the NBA’s best scorers, leading the Suns with 26.6 points per game. He had five 40-point games the final month of the season, including 50 and 59 in consecutive games.

Ayton was the No. 1 overall pick in last year’s NBA draft and didn’t disappoint, shooting 59% while averaging 16.3 points and 10.3 rebounds.

Phoenix should add to its talent base with the sixth overall pick in this year’s draft.

“There’s so much room to grow,” Williams said. “I think we have a young team that’s learning how to win and they will and I have to do my job. I have to enhance the strengths but be honest about our weaknesses and get the players to consider a new way of doing some things. I think I’m here at the right time and I’m here with the right people.”

Hornets’ Miles Bridges on All-Rookie: ‘I didn’t get snubbed. I played like a— all year’

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The NBA released its All-Rookie teams yesterday. Hornets forward Miles Bridges missed out, getting only one first-team vote and four second-team votes.

Bridges:

I love this attitude. Bridges didn’t deserve to make it. It’s silly to for anyone, including him, to pretend otherwise.

He’s obviously being too hard on himself. He had an OK rookie year. It just wasn’t one of the NBA’s 10 best this season.

Players often hold inflated opinions of themselves. That might help them succeed in a high-pressure job, and that’s obviously their priority. To be clear: I’m not criticizing them for adopting an approach that helped them reach this high level. But it leaves them as lousy analysts of their own performance.

Bridges doesn’t have that problem. It’s easy to see how this will drive him to improve.

His humility won’t work for everyone. But it works for him, and it’s a refreshing change of pace.