New potential owner for Kings takes lead in Sacramento group

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A few weeks back, David Stern was clear in saying that the Sacramento group had to sweeten its offer to buy the Kings if they wanted to stay in contention with the Seattle bid. It’s a negotiation, that statement didn’t catch the leaders in Sacramento off guard.

The question was what were they going to do about it?

How about bring in another billionaire to take the lead of the group? That is what has happened, reports the very connected Sam Amick at the USA Today.

Vivek Ranadive, founder of the $4 billion software company, Tibco, and a minority owner of the Golden State Warriors, has agreed to take a lead role in the group that was previously led by 24-Hour Fitness founder, Mark Mastrov, according to a person with knowledge of the move. The person spoke to USA TODAY Sports on the condition of anonymity because the agreement had not yet been announced.

Mastrov and supermarket mogul/part owner of the Pittsburgh Penguins Ron Burkle are still major players in both the bid for the team and the downtown arena effort that was expected to be revealed by way of a term sheet on Thursday, but Ranadive agreed to take part recently after pushing for a more significant say in personnel matters.

This certainly adds deeper pockets to the Sacramento bid. What it will mean to the other NBA owners remains to be seen, but likely it only helps the Sacramento side. Ranadive is not an NBA outsider but a minority owner of the Warriors (he would have to sell that share if the sale is approved).

The Maloof family has agreed to sell the Kings to a Seattle-based group that plans to move the Kings up to the city that lost the Sonics. That group is led by venture capitalist Chris Hansen and Microsoft CEO Steve Ballmer, and they valued the franchise at $525 million and have an agreement to buy 65 percent of it. They also have plans for a new arena moving forward, currently in the environmental review phase.

Both the sale and relocation would need to be approved by the other owners and NBA Commissioner David Stern has put the two votes on a parallel track. It requires a three-quarters vote of the other 29 owners to approve the sale — meaning Sacramento Mayor Kevin Johnson and his group need to sway eight other owners to their side to block the sale. If that sale is blocked, the Maloof family would in turn sell to the Sacramento group and the team would stay put.

If the sale is approved it only requires a majority vote of the owners to approve the relocation. Meaning if the owners approve the sale to the Seattle group they will approve the relocation.

There is a whole lot more complexity to this sale — a city loan to the Kings to the Maloofs, a current Kings minority owner trying to make another bid, thoughts about precedent the sale could have on future owners’ sales, all the way to discussions of television market size and per capita income — that we have discussed in detail multiple times at PBT. Right now NBA ownership committees are doing their research on the sale and relocation, and how all that impacts the league. Those committees will meet April 3 — where Johnson and the Sacramento group will make a pitch to the committees for sure.

In the end, the owners will vote at meetings in New York April 18-19, but right now is when the lobbying behind-the-scenes is taking place. And the Sacramento bid likely just got better.

Heat: Bam Adebayo, Goran Dragic doubtful for Game 2 of NBA Finals

Heat players Bam Adebayo and Goran Dragic
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Bam Adebayo‘s and Goran Dragic‘s injuries… not looking great for the Heat approaching Game 2 of the NBA Finals.

Heat:

This is a disaster for Miami. The Lakers dominated Game 1, and now the Heat have two starters hobbled at best. At worst and more likely, Adebayo and Dragic are out.

Adebayo would be the bigger loss. Miami was completely overmatched when facing Anthony Davis without a center. Kelly Olynyk and Meyers Leonard can try to keep up, but they’re far from great solutions.

At least the Heat have more options at point guard. Kendrick Nunn can get an elevated role (especially after excelling in garbage time of Game 1). Jimmy Butler can become the de facto point guard. Tyler Herro can also play the position. But Dragic was playing so well during Miami’s run through the Eastern Conference. This is also a major setback.

 

Report: Tyronn Lue ‘early favorite’ to become Clippers head coach

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Doc Rivers is gaining momentum in the 76ers’ coaching search.

As for the job Rivers left behind with the Clippers… Clippers assistant and former Cavaliers head coach Tyronn Lue, unsurprisingly, has the inside track.

Marc Stein of The New York Times:

Adrian Wojnarowski of ESPN:

The Clippers are planning to interview other candidates, starting soon, sources said.

The New Orleans Pelicans are planning to interview Lue in the near future too, sources said.

Lue would be a sensible hire. He has championship experience, which would help the Clippers hit the ground running in a make-or-break season before Kawhi Leonard and Paul George can become unrestricted free agents. Lue managed stars in LeBron James and Kyrie Irving. The Clippers must improve their chemistry around their stars. And the last time Lue got promoted from assistant to head coach, his team won a title.

New Orleans also has an appealing job. But the Clippers are far closer to championship contention. And if both teams want Lue, I bet Clippers owner Steve Ballmer would outspend Pelicans owner Gayle Benson.

Still, the Clippers are conducting a coaching search. Other candidates could emerge. This isn’t necessarily Lue’s job for the taking.

How long would he wait on L.A. if the Pelicans make an offer? Lue has shown he values being entrusted.

Report: 76ers focused on Doc Rivers and Mike D’Antoni in coaching search

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The 76ers appeared focused on Mike D’Antoni in their coaching search.

Then, Doc Rivers surprisingly became available.

The former Clippers coach met with the 76ers and is now in the center of the conversation.

Adrian Wojnarowski of ESPN:

For the Sixers now, the focus is on Rivers and D’Antoni, a source told ESPN. A decision is expected this week.

Rivers would be an easier fit with this roster than D’Antoni, whose style doesn’t appear to work as well with both Joel Embiid and Ben Simmons. Rivers also looks like he’d help Philadelphia take the next step.

But that seemed like it’d be true with the Clippers and wasn’t.

Tyronn Lue’s candidacy with the 76ers has clearly faded. Could he join the Clippers, Rockets or Pelicans? If Philadelphia hires Rivers, maybe D’Antoni still lands with the Pacers?

Rivers’ availability has definitely thrown a wrench in the coaching carousel.

Victor Oladipo denies trade rumor he wants out of Indiana

Victor Oladipo
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It was a trade rumor that kind of came out of nowhere — maybe more as a thought exercise for Celtics fans hoping to move on from Gordon Hayward — but it got traction: Victor Oladipo reportedly wanted out of Indiana.

Not true, Oladipo said.

Oladipo jumped on Instagram Live with rapper Fat Joe and shot down the rumors (hat tip Clutch Points):

“I’m a Pacer. I’m a Pacer…

“Those rumors on the internet, I don’t know where they’re coming from, I’m just focused on getting my knee right for next year.”

He said later in the interview he wants a ring, he wants “hardware” because that is needed to show you are one of the greats, and he would consider leaving the Pacers to get it. But that wasn’t a short-term thing. (Also, Charles Barkley, Karl Malone, Allen Iverson, Steve Nash, John Stockton, Elgin Baylor and a lot of other guys would like to talk with you about that attitude.)

Oladipo returned mid-season from his knee injury to a Pacers’ team that finished as the four seed in the East but got bounced in the first round of the playoffs by the eventual Eastern Conference champion Miami Heat.

Oladipo never quite returned to his All-NBA form after coming back from injury and averaged just 14.5 points a game in the 19 regular season games he did play. Oladipo is owed $21 million next season, the last year of his current deal.

Whether he wants out of Indiana or not, at $21 million and with questions about just what level of player he is post-injury, there is not much of a trade market for Victor Oladipo. Indiana more than likely runs it back under a new coach — who has yet to be chosen — and banks on a healthy Oladipo helping the team make the next step.