Report: Sale of Milwaukee Bucks for record $550 million agreed upon, team to stay in Milwaukee

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It has been rumored for weeks, but Marc Stein of ESPN reports it will become official today — longtime owner Herb Kohl will sell the Milwaukee Bucks to a group committed to keeping them in Milwaukee.

Herb Kohl purchased the Bucks in 1985 for $18 million. Just remember that next time an owner talks about their annual losses with their team (franchise valuation is not part of that calculation).

This looks like a big win for Bucks fans, at least at first glance.

That sale price is 27 percent more than the $405 million that Forbes estimated the Bucks to be worth. The sale will need to be approved by the league’s owners after the buyers go through a thorough background check. However the sales are almost always approved.

Kohl had been looking for new owners for some time but refused to talk to people such as Chris Hansen and his Seattle group because he only wanted an owner that would keep the Bucks in Milwaukee.

Marc Lasry and Wes Edens, are hedge-fund billionaires based out of New York who Forbes estimates at having a combined net worth around $3 billion. It is unclear yet if there were be some minority owners joining the group based out of Milwaukee (or even somewhere in the Midwest), to ease concerns about moving the team.

To keep the team in Milwaukee will require a new arena — Commissioner Adam Silver has said as much, the current arena lacks many luxury boxes — and how that gets done will be the big question. Lasry and Edens will have to pony up some cash, Kohl may as well, but they also likely will ask for public money and that would be a much more difficult get.

It is not clear yet what happens if a new arena cannot get built, and on what timeline all that would happen.

Also not clear is what that means for the current front office and coaching staff. Getting the sale approved likely will not impact this draft — where the Bucks have the best odds of getting the No. 1 pick following their terrible season — or maybe even next season. But new owners inevitably bring changes.

They buy a team with a potentially good core of young players — Giannis Antetokounmpo, John Henson, Larry Sanders, plus this year’s draft pick — that could develop into an interesting team in a few years with the right management and coach. And if they start to win they will sell out any new building.

Kings’ rookie Marvin Bagley III out 10-14 days with left knee bone bruise

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The No. 2 pick in last June’s draft, Marvin Bagley III is having a solid season. He’s averaging 12.7 points and 6.1 rebounds a game coming off the bench. He’s got a good 59.2 true shooting percentage and the 6’11” big man gets most of his buckets at the rim or at least in the paint although he can hit threes when he steps out there (taking one a game but hitting 35.7 percent). He’s lost on defense, as most rookies are, but there is some potential there.

The Kings are going to have to get by without him for the next 10 to 14 days due to a bone bruise in his left knee, the team announced Friday night.

The injury happened in the second quarter of Friday night’s Sacramento loss to Golden State, when Bagley was battling for a rebound and landed awkwardly. He got a bucket out of it because he was “cherry-picking” after not being able to run back down the court, but he waved to the coaches and asked out after scoring. Bagley left the game, had to be helped to the locker room and did not return.

With Bagley out expect to see a lot more Justin Jackson. Harry Giles III has been out of the rotation of late but he could potentially get a little run, too.

Kings troll Stephen Curry with moon landing video during player introductions

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Well played Sacramento.

Golden State came to town Friday night and during player introductions the Kings ran a video on their jumbotron of the moon landing to troll Stephen Curry.

Curry this past week said on a podcast that he didn’t think we landed on the moon, later saying it was obviously a joke but he would take NASA up on their offer of a tour of their lunar labs.

Curry can laugh at himself and gave the Kings and “A for effort” with the video.

Reports: New deal, Suns trade Trevor Ariza to Wizards for Austin Rivers, Kelly Oubre (no third team)

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Brooks who? Turns out Phoenix and Washington didn’t need a third team involved to get a trade done.

Phoenix gets a point guard, and the Wizards get a veteran presence in a trade that is straight up between the two: Trevor Ariza heads to Washington while Austin Rivers, Kelly Oubre are going to Phoenix, a story broken by Shams Charania of The Athletic and Adrian Wojnarowski of ESPN.

The struggling Wizards get a veteran presence in their locker room — something the team where players don’t like each other and it shows on the court could use. Not that one move solves all those problems. Plus, Ariza brings a solid wing defensive and three-point shooting presence (36 percent) to the team (although he has struggled this season inside the arc). That said, there was a lot of trade value in Oubre and to get one player and no picks back in this trade — they would have gotten second rounders in the blown up Friday night deal — feels like the Wizards sold short. Washington also saves about $1.5 million in salary and luxury tax, but they need to add a 14th player to the roster in the next two weeks and even at the minimum that will eat into some of those savings.

Phoenix has desperately needed a point guard and now they got a rotation level one in Rivers, which is an upgrade for this team (whatever you think of Rivers). Plus the young Kelly Oubre fits better on the Suns’ timeline — with Devin Booker, Deandre Ayton and the rest — than the veteran Ariza, but the Suns are already deep on the wing.

Giannis Antetokounmpo matches career high with 44 against Cavaliers (VIDEO)

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CLEVELAND (AP) — Giannis Antetokounmpo played as if he had a point to prove.

The Milwaukee star rebounded from his worst game of the season to match his career high with 44 points and the Bucks beat the Cleveland Cavaliers 114-102 on Friday night despite missing two starters.

Two nights after being held to a season-low 12 points in a loss to Indiana, he was 14 of 19 from the field, made 16 of 21 foul shots, and had 14 rebounds and eight assists.

“You’ve got to put that game in the past,” Antetokounmpo said. “You put it in the past and move forward.”

Khris Middleton, the Bucks’ second leading scorer, was out with a sprained right finger. Malcolm Brogdon, fourth on the team in scoring, didn’t play because of a sore left hamstring.

Bucks coach Mike Budenholzer wasn’t surprised Antetokounmpo took over with his team short-handed.

“Obviously, a monster game for Giannis,” he said. “We kind of rode him pretty hard tonight. He was ultra-aggressive. He’s a competitor. He wants to be great.”

Asked what a team can do to slow down Antetokounmpo, Cavaliers coach Larry Drew said, “There’s not an answer to that. He’s a terrific player. He’s elevated his game over the years. He can hurt you in so many different ways.”

Not only was Antetokounmpo coming off a subpar game, Wednesday’s 113-97 loss was Milwaukee’s largest margin of the season.

Antetokounmpo made an instant impression after Milwaukee won the opening tip when he dunked on Osman on a set play in the halfcourt offense. He ended the half by finding Pat Connaughton for a 3-pointer.

Antetokounmpo, who had his 20th double-double of the season, admitted he was aware of his numbers.

“At some point in the game, you realize you’re scored a lot, so you look up at the scoreboard, but usually I don’t even look at it,” he said.

The Bucks never trailed and held off a late Cleveland spurt. The Cavaliers cut the lead to five midway through the fourth quarter on Cedi Osman‘s 3-pointer, but Antetokounmpo had a three-point play and an assist on Brook Lopez‘s basket that beat the shot clock, pushing the lead to 111-99.

Lopez scored 19 points and Eric Bledsoe had 16 for the Bucks, who have the second-best record in the Eastern Conference.

Jordan Clarkson scored 23 points, and Larry Nance Jr. had 14 for Cleveland. Rookie point guard Collin Sexton had five points after scoring in double figures in 18 straight games.

Cleveland played its second game without Tristan Thompson, who could be out for a month with a sprained left foot.