Report: Ownership groups agree to sell 100 percent of Atlanta Hawks

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There is no deal in place yet, there is no sale pending. We don’t have answers to little questions such as who is buying the team. Or, how much they are paying. So, there’s a little work left to do.

But ownership groups have reached an agreement for 100 percent of the the Hawks to be sold, according to Atlanta Journal-Constitution‘s Chris Vivlamore.

It is big news that all three of the often infighting ownership groups have agreed to sell their shares of the team to one controlling owner. That would be huge improvement for the organization, one that in recent years often has been held back by bickering and backstabbing as the owners fought for more power in the organization.
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According to person familiar with the situation, agreements have been reached between all three ownership groups of the team. Those agreements have been approved by the league.

The Washington-based group, led by controlling owner Bruce Levenson, announced in September that it would sell its 50.1 stake following the discovery of a racially inflammatory email that rocked the franchise. An independent investigation discovered an e-mail Levenson wrote in 2012 that included racist remarks about the fan base and game operations. Levenson’s partners Ed Peskowitz and Todd Foreman are also stakeholders in the original group known as the Atlanta Spirit.

Agreements are also in place for the Atlanta-based group of Michael Gearon Jr. and Sr., Rutherford Seydel and Beau Turner to sell its stake. The group owned a combined 32.3 percent of the franchise. In addition, the New York-based group, led by Steven Price, has agreed to sell its 17.6 percent stake.

The team is not denying that it is completely for sale, but not confirming it, either.

Again it can’t be understated how much this matters — these three ownership groups cut each other off at the knees and made getting things accomplished difficult because they all fought to have the most say.

The Hawks current majority owners, known as Atlanta Spirit, purchased the Hawks, Atlanta Thrashers and Philips Arena from Turner Broadcasting in 2004. There was infighting and rumors of sales for years, then in 2011 they announced plans to sell the team to Alex Meruelo (who made his money in pizza and real estate), a man who would have become the NBA’s first Hispanic owner. However, financial concerns about Meruelo scuttled the deal and the team came off the market.

Whoever is buying the Hawks — likely for around $750 million or so total, that has been a ballpark number I’ve heard rumored from league sources — is buying a red-hot team.

The Hawks are 23-8 and currently the second seed in the Eastern Conference. Coach Mike Budenholzer has them playing great team basketball with seventh-ranked defense and 11th ranked offense in the NBA and getting All-Star level play out of Jeff Teague, Paul Millsap and the often underrated Al Horford.

Hopefully whoever becomes new owner is smart enough to see that the Hawks finally have a system in place that is working on the court and doesn’t mess with it.

Suns update: Ayton blames Sarver for contract, Crowder conflict, Johnson to start

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Phoenix went to the NBA Finals two seasons ago and had the most wins in the NBA last season, yet dark clouds seem to be blocking out the Suns heading into this NBA season.

Here’s the latest on three situations with the Suns: Deandre Ayton‘s contract frustration, why Jae Crowder is asking out, and who starts at the four now.

• Ayton ended up signing a four-year, $132.9 max contract and will be back with the Suns to start this season, but the road to get there was rocky. The Suns would not offer Ayton a max five-year contract extension, his name kept coming up in Kevin Durant trade rumors, so Ayton went out and got a four-year max offer from the Pacers — which the Suns instantly matched. Phoenix saved $40 million and a guaranteed year, but the process left Ayton a little bitter.

Ayton blames outgoing owner Robert Sarver — a notorious penny pincher as an owner (among other, much worse things) — Marc Spears and Ramona Shelburne of ESPN discussed on NBA Today (hat tip Real GM).

“That is certainly something that caused the ire of him,” said Marc J. Spears. “I was told that it was Robert Sarver who didn’t want to give him that fifth year, who wanted to save the money.”

“My understanding from talking to people close to Deandre is that he thinks this was Robert Sarver’s decision as well. And Robert Sarver’s not going to be the owner anymore. So there is some healing that can happen there. But I know there were some hurt feelings over that contract and how that played out.

“If they were going to instantly match an offer sheet that he signed, why not just give him the max contract? Yes, it saved them a year and $40 million but as somebody close to Deandre told me ‘There’s a karma to this. Why do that to your No. 1 overall pick?'”

Shelburne hit the nail on the head — the NBA is a business, but it’s a business of relationships. Not only did the Suns sour theirs with Ayton, but you can also be sure every other agent around the league noticed how that was handled. It doesn’t help when recruiting players. The eventual new owner, whoever it ends up being, has a lot of work to change the franchise’s perception.

• Jae Crowder remains away from the Suns during training camp awaiting a trade (which reportedly will not be to Dallas). Crowder started 109 games for the Suns during the past two seasons and was a key part of their run to the NBA Finals, so how did things deteriorate so quickly? Marc Stein lays it out in his latest Substack newsletter.

Entering the final season of his current contract at $10.2 million, Jae Crowder let the Suns know that he was seeking a contract extension. League sources say that the Suns’ messaging, in response, was to let Crowder know that, at 32, he was no longer assured of starting or finishing games ahead of Cam Johnson. That gulf between the parties led Crowder to seek an exit from the desert that has landed him on indefinite mutual leave from the team until Phoenix can find a trade for him.

While Miami gets mentioned as a suitor a lot, it’s next to impossible to put together a trade that works for both sides right now (at the trade deadline, maybe, but Crowder isn’t going to be with the Suns that long). Cleveland is currently the hot name in league circles when talking Crowder trades, and Stein also mentions the Milwaukee Bucks, who have been looking for a P.J. Tucker-like replacement for P.J Tucker. But, do any of these teams want to extend Crowder at age 32?

• Suns coach Monty Williams confirmed what Crowder heard — Cameron Johnson will start at the four for the Suns this season.

Johnson brings better shooting to the table — 42.5% last season on 3-pointers — and is more athletic at this point, but Crowder brings better defense, toughness, and veteran savvy that can be trusted in the playoffs. The Suns may miss that when it matters, but Johnson will get the chance to prove us all wrong.

Blake Griffin agrees to join Boston Celtics on one-year deal

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According to ESPN’s Adrian Wojnarowski, Blake Griffin has agreed to join the Boston Celtics on a one-year contract which will be fully guaranteed.

The Celtics were desperate for frontcourt depth following injuries to Danilo Gallinari and Robert Williams, as Luke Kornet was even getting some run with the starting group at training camp.

You do have to wonder just how much the 33-year-old Griffin has left in the tank though. Last season with the Brooklyn Nets, Griffin only managed to play 17.1 minutes per game and his 3-point percentage dropped like a stone to 26%. He was also a major liability on defense, and the Celtics surely know that after Jaylen Brown drove by him with ease time and time again during the postseason.

Griffin was still an effective playmaker and that may make him a good fit with the second unit alongside the likes of Malcolm Brogdon, Derrick White and Grant Williams with all of these capable of handling the ball. Injuries and Father Time have zapped Griffin’s athleticism, but if anyone can squeeze the last bit of value out of him, I’d bet on Brad Stevens and the Celtics.

Highlights from Japan Game: Hachimura and Wiseman put on show, plus Suga and Curry

Golden State Warriors v Washington Wizards - NBA Japan Games
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The NBA preseason is officially here — and it started in Japan. The Golden State Warriors faced the Washington Wizards in front of a sold-out crowd at the Saitama Super Arena in Tokyo. In case you didn’t wake up at 6 am Eastern to watch a meaningless preseason NBA game (and if you did, we’re worried about you), here are a few highlights and notes from the night.

• The Wizards were there because they have the biggest Japanese star in the NBA, Rui Hachimura, and he was given a chance to shine. The crowd erupted when he did anything.

• The leading scorer on the night was the Warriors James Wiseman with 20 points on 8-of-11 shooting, plus nine boards.

• Dunk of the game goes to Kyle Kuzma.

Stephen Curry was doing Stephen Curry things.

• Stephen Curry also met Suga of BTS and gave him some game-worn kicks. This will win Twitter for the day.

• Oh, by the way, the Warriors won 96-87. As for the level of basketball, it looked like the first preseason game after a flight halfway around the world. The teams combined to shoot 11-of-47 in the first quarter (23.4%) and both were under 40% for the game.

Klay Thompson is sitting out both Warriors games in Japan.

TRIVIA TIME: Can you name the other two players currently in the NBA born in Japan?

Cam Thomas (Yokosuka) and Yuta Watanabe (Yokohama), both of the Brooklyn Nets (Watanabe is on a training camp deal and is not expected to make the roster). Both were raised much of their lives and went to high school and college in the United States.

Thunder rookie Holmgren trying to focus on learning NBA during rehab

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OKLAHOMA CITY (AP) — Thunder rookie Chet Holmgren is experiencing the rehab process for the first time.

The No. 2 pick in the 2022 NBA draft suffered a right foot injury during a pro-am game in August while defending as LeBron James drove to the basket on a fast break. He had surgery, and the Thunder declared him out for the season.

“I’ve never had a serious injury in my life, so I didn’t really know, I had nothing to base it off of and compare to,” Holmgren said Thursday. “So when it happened, I had to get it looked at and see how serious it was. I didn’t imagine anything like this.”

Holmgren, a versatile 7-footer who had great moments during summer league, is dealing with being sidelined as the Thunder start training camp this week.

“Definitely something that I really had to put my mind to and spend some time to think on,” he said. “And kind of come to some conclusions on things and really settle my mind so I could kind of stop focusing on what happened and focus in on what’s going to happen, what I’ve got to do to get where I need to be.”

Even without practicing, he has already left an impression on his teammates.

“He’s a great guy,” guard Lu Dort said. “I can already feel a connection with me and the rest of the team. He’s a pretty vocal guy, too. He talks a lot, and that’s good for the team.”

Holmgren said his only workout limitation is that he can’t put weight on the injured foot. So, that forces him to focus on other aspects of the game. Coach Mark Daigneault said Holmgren has been working hard on film study.

“It just comes down to putting my mental energy towards it, learning how to really be a professional in areas off the court,” Holmgren said. “I’ve dedicated so much time to really hustling at my craft on the court. Now, this event is making me step back and kind of rework how how I do things. And one of those ways is to become professional with watching film and speaking with coaches, trying to learn, watching what’s happening and really being engaged, in trying to get better with different avenues.”

Holmgren has spoken with Joel Embiid about his injury. Embiid, the reigning NBA scoring champion, was the No. 3 pick in 2014 before missing his first two seasons with foot issues.

Holmgren hopes he can recover as well as Embiid.

“What I’m trying to do right now is just kind of soak up all the knowledge of how things are done around here, how they’re going to be done going forward,” Holmgren said. “So when I’m ready to get get back in there, I can just kind of seamlessly plug myself in.”

Holmgren is expected to be ready for the start of next season. He said he’s trying to keep his thoughts positive.

“It all comes down to keeping a level head because there’s so many ups and downs,” he said. “Unfortunately, this is a down. But I’ve got to keep my head level and focus on getting better. And no matter what the circumstances are, that’s the goal.”

Daigneault believes Holmgren’s mindset will net positive results.

“We’d like him to be out here,” Daigneault said. “But since he’s not, we’re certainly going to make a lot of investments, and the thing that makes me the most optimistic about that is the approach that he takes.”