Bucks owner Herb Kohl seeking new investors to keep the team in Milwaukee

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Bucks fans will spend the next 2-3 years looking over their shoulders at Seattle, and that’s because they’re in jeopardy of losing their basketball team should owner Herb Kohl fail at securing a new NBA-approved arena.

For small and mid-markets, having a state-of-the-art arena to maximize revenues is a requirement and any city that isn’t willing to make that type of commitment to the NBA will be threatened by 5-10 other cities that are dying to get into the game. It’s simple supply and demand.

Kohl, the former Democratic senator who is 78, is reportedly looking for other investors to join him in his attempt to keep the team in Milwaukee.

With a net worth that’s better described with an ‘M’ for millions rather than a ‘B’ for the billionaire owners that the NBA is attracting these days, it’s understandable why Kohl needs to deepen the pockets and broaden the influence of his group.

First and foremost he needs to deliver on an arena, and having more investors will help that along in many ways. But just as important to Milwaukee will be the overall value proposition this ownership group will have to the NBA, whether Kohl wants to continue as owner of the Bucks or not. That’s because if there ever comes a time when their arena plans are in doubt, it will be this group that gets measured against Seattle and any other city that wants to get into the game.

The NBA, whether being led by Adam Silver or David Stern, does not like to relocate franchises. In this day and age of information, the damage that relocation can do their brand is much greater than it was when Seattle’s elected officials told the NBA to go kick rocks and thus Sonicsgate was born.

At the same time, the NBA has found a sweet spot in its public subsidy pitch, which has been the target of many economists’ ire over the last 30 years when suburban arenas were all the rage. Economists have maintained that arenas don’t increase local spending because of things like the substitution effect, which simply stated means that people spend money at the game but stop spending their limited funds everywhere else. In essence, they contend, there is no overall gain.

However, economists have recently found themselves at an impasse on the issue with even the most ardent oppositionists still researching newer findings, in an area of study that isn’t exactly brimming with ongoing research.

The new revelations highlight the difference between suburban arenas and what city planners call ‘high density civic attractions,’ which are more likely to be sought after in the small-to-mid market cities that are most susceptible to relocation.  Instead of driving to a suburban arena, watching the game, and then leaving – a downtown arena can attract people for longer visits, attract all-important out-of-town dollars, and encourage use of mass transit.

In terms of increasing land value, a properly developed downtown arena district can increase surrounding land value by “hundreds of millions of dollars” according to a recent study by lead opposition subsidy voice Brad Humphreys. Arguments move into the both the micro- and mundane-levels from there, but an increase in land value around these downtown arenas stands on its face – it’s valuable for a reason.

The NBA has the cachet as an anchor tenant to bring in the private investment needed to make these downtown revitalization projects pencil out, particularly as public redevelopment dollars have dried up around the country.

With the NBA being the winner of over $3 billion in public funds since 1990, they have a massive financial stake in making sure they both polish that pitch and protect their reputation on that front.

For starters they have to maintain that they can be a loyal partner to any city engaging in good faith efforts to maintain a state-of-the-art arena.  Long-term, by building a portfolio of downtown success stories like L.A. Live, downtown Indianapolis and the soon-to-be built arena in downtown Sacramento — the league can keep the public funding narrative from collapsing under a wave of antipathy toward millionaires and billionaires bouncing a leather ball for amusement.

So look for the NBA to work with Kohl and Milwaukee to find the political will (i.e. public dollars) to get an arena deal done. As expected, the league released a statement from David Stern moments ago expressing support for that process. “Senator Kohl bought the Bucks in 1985 in order to ensure the team would remain in Milwaukee. During his extraordinary stewardship his goal remained the same — to bring the fans of Wisconsin high-quality basketball from a team they would be proud to call their ‘home’ team. With this announcement, Senator Kohl continues his mission: to assure continuity of ownership by broadening its ownership base, and assuring that the fans of Wisconsin will enjoy NBA basketball and other events in a new state-of-the-art facility,” said Stern.

And while everything is going to sound fine for Bucks fans until it doesn’t, they’re not going to know that they are indeed keeping their team until much more has been revealed in this slow-moving story.

Toughest player to defend in NBA? Jonathan Isaac votes for James Harden

Associated Press
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Orlando’s Jonathan Isaac is turning heads this season. He has turned into the defensive backbone of the Magic, a long, switchable player who can protect the rim and make plays out on the perimeter.

In the past week, coach Steve Clifford asked Isaac to match up with Giannis Antetokounmpo, James Harden, and LeBron James. So who was the toughest to guard? (Via Jonathan Feigen of the Houston Chronicle.)

Harden dropped 54 on Orlando to lead Houston to the win. It was his second game in a row with 50+ points and hitting 10 threes.

Nobody should be arguing with Isaac here. For one thing, he’s the guy who had to guard them all this week, his opinion is informed. Harden has six points while Isaac was matched up on him Friday night, but the Rockets scored 14 others. Harden did most of his damage when Evan Fournierwas on him, scoring 18. (Via NBA.com matchup data.)

One could make the case that Antetokounmpo and LeBron contribute more on the defensive end and that makes them more valuable (a debate that will come up again at end-of-season awards time), but as a pure scorer there is nobody like Harden. Ever. He has ridiculous shooting range and the best stepback in the league, he’s physically strong and finishes through contact on drives, and he has turned drawing fouls into an art form. Defending James Harden is next to impossible (and incredibly frustrating for those tasked with it).

Houston has built its entire offense around Harden, and they are contenders because of it.

 

Kevin Knox with an high-flying putback dunk… into his own basket (VIDEO)

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Give the Knicks credit, they have won two games in a row for the first time this season after knocking off the Kings. The return of Elfrid Payton at point guard — meaning they don’t have to play rookie R.J. Barrett out of position in that role — has given New York some floor balance and they look much better.

But there are still moments.

Such as this one from Kevin Knox, with the putback dunk — into his own net.

Mike Breen wanted to credit Buddy Hield there, and to be fair, Hield did come flying in and force the action. But that was Knox. (Hield got the bucket in the official scorebook).

Well, at least Knox is contributing something here.

Watch James Harden drop 54 to lead Houston past Orlando

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ORLANDO, Fla. (AP) — James Harden found his 3-point shooting touch — again.

Harden scored 54 points, matching the team record of 10 3-pointers he set in Houston’s last game in the Rockets’ 130-107 victory over the Orlando Magic on Friday night.

“I just want to win,” Harden said simply. “Whatever it takes.”

Harden scored 50 or more for the fifth time this season and the fourth time in his last seven games. The rest of the NBA has combined for only five such games this season.

Harden was 10 of 15 from long range and 19 of 31 overall from the field. He also had a seven assists, five rebounds and two steals in 36 minutes, receiving a loud ovation from the Orlando crowd when he headed to the bench in the final minutes.

“I feel like we lost against just him tonight,” Magic guard Evan Fournier said. “He’s the MVP for a reason. We talked about in pregame that he’ll take shots, and we’ll just live with the results. He did not miss tonight, period.”

Harden set the Houston record for 3-pointers with 10 in 18 attempts Wednesday night in a 55-point game in a victory at Cleveland.

“When he’s shooting over the top like that, I don’t know what you can do,” Orlando coach Steve Clifford said.

Russell Westbrook added 23 points for Houston. The Rockets were 22 of 39 from 3-point range, setting a record for the most 3-pointers by any Magic opponent in franchise history.

“We just shot the ball extremely well,” Rockets coach Mike D’Antoni said. “When James is like that, it’s hard for anybody to really beat us … no matter what kind of defense you’re going to throw, we’ve got guys.”

The Rockets pulled away in the second quarter, with Harden scoring 18 points, including Houston’s last 11 for a 59-49 lead.

Fournier led Orlando with 27 points. Aaron Gordon added 21. The Magic have lost three straight after winning four in a row.

Paul George, Kawhi Leonard combine for 88 points in Clippers win

David Sherman/NBAE via Getty Images
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MINNEAPOLIS (AP) — It’s hard to stop Paul George. It’s hard to stop Kawhi Leonard. It’s really hard to stop both at the same time.

George and Leonard showed what the Los Angeles Clippers had in mind when they teamed up the superstar duo Friday night. George scored 46 points, Kawhi Leonard had 42 and the Clippers held on to beat the Minnesota Timberwolves 124-117 for their fourth consecutive victory.

“It’s special, two guys offensively,” George said. “The thing about it is, we’re dishing, finding each other, feeding each other. And then when we have moments to be aggressive, we’re looking to get aggressive, attack, look for our shots. It’s great when both guys can get it going”

Leonard and George became the first set of teammates in Clippers’ history to each score 40 points. It was the 21st time in NBA history it has happened. The last time it was done, it also involved George. He and Russell Westbrook did it for Oklahoma City last season.

Leonard and George’s previous high this season came Dec. 1, when they combined for 65 points against Washington.

“It’s great that we can have somebody else out there to help scoring the ball, making the game easier for myself,” Leonard said. “We’re still trying to build our chemistry out there.”

Karl-Anthony Towns had 39 points and 12 rebounds for Minnesota, which lost its seventh in a row. Towns had 14 points, including a 4-point play, in a 22-6 fourth-quarter run that trimmed a 21-point Los Angeles lead to five.

Andrew Wiggins added 34 points for the Timberwolves. His basket with 1:04 left cut the Clippers’ lead to 119-115. Minnesota didn’t get closer than four the rest of the way.

“Disappointed from the loss, but we fought back,” Wiggins said. “We were down big. Dug ourselves a hole. We fought back though. We went out swinging.”

Leonard and George set the tone early, combining to score the first 23 points for a Clippers team playing without Lou Williams, who sat out with a calf injury. In his absence, George and Leonard accounted for 54 of Los Angeles’ 65 first-half points. They became the first duo to each score 35 or more points through the first three quarters of a game in the past 20 seasons, according to ESPN Stats and Info.

Leonard made a career-high 19 free throws. He was 19 for 19 from the line.

“That was great,” Clippers coach Doc Rivers said. “We knew without Lou tonight, every play was basically for those two guys. And they came up big.”

The Timberwolves took a 51-50 lead in the second quarter with a 15-2 run, capped by a Towns 3-pointer. Leonard responded with seven consecutive points to give the Clippers the lead for good.

George started the third quarter with a 7-0 run of his own. He scored 16 in the third, when Los Angeles took control by outscoring Minnesota 37-23.

“Forty-six and forty-two, they make it very tough on you,” Minnesota coach Ryan Saunders said.

Leonard’s 31 first-half points set a career high for points in a half. He tied a career high for points in a first quarter with 16.

“We got into our spots early, made shots,” Leonard said. “Paul carried us in that second half.”

Montrezl Harrell scored 18 points for the Clippers. Jeff Teague scored 22 for the Timberwolves.