You can be sure that the $2.2 billion price tag for the sale of the Houston Rockets had a number of other NBA owners thinking “maybe I should look into selling.”
Brooklyn Nets owner Mikhail Prokhorov was already considering selling a controlling interest in the Nets. He still is up for it, but he might want to do it in pieces over time, according to a report from Josh Kosman of the New York Post.
The Russian billionaire, unable to sell a minority stake in the money-losing NBA franchise, now plans to off-load a controlling stake in the team, two sources close to the situation told The Post.
However, Prokhorov is hoping to sell the Nets in a two-part process, the sources said. First, the 52-year-old will look to sell a minority piece of the team — but give the buyer the right to buy the entire team in a short period of time — say three years, the sources said.
“There will be a new owner in the next few years,” one of the sources said.
The process of talking to buyers is on hold while the Nets negotiate a new, more favorable lease with the Barclays Centre in Brooklyn.
There are buyers interested in NBA teams, even for a couple of billion. The Post has reported that Alibaba Executive Vice Chairman Joe Tsai is interested, and the NBA would welcome an owner from China, but his company denies it. There are also plenty of hedge fund managers and the line in New York who would be interested. Prokhorov will find a buyer.
Who he will find that wants to buy on his “lease to own” two-step process is another question.
Obi Toppin is a fan favorite and Knicks faithful were hoping to see more of him as the season progresses.
However, they are not going to see any of him for at least the next 2-3 weeks due to a fractured knee, the team announced.
Toppin suffered the injury in New York’s win Wednesday over Atlanta, the same game that saw Dejounte Murray sprain his ankle leading him to be out for a few weeks.
Toppin — the reigning All-Star Weekend Slam Dunk contest champion — is averaging 7.7 points in 25 games off the bench. With him out, coach Tom Thibodeau suggested he could lean more on RJ Barrett, asking him to play up at the four.
Front offices of potential contenders from Los Angeles to Philadelphia have their eyes on the Chicago Bulls — will the struggling Bulls pivot to chase Victor Wembanyama and the top of the lottery, making them sellers at the trade deadline? Teams have interest in Chicago’s three stars: Zach LaVine, DeMar DeRozan, and Nikola Vucevic.
Except just-extended LaVine isn’t currently available, ESPN’s Adrian Wojnarowski said Wednesday on his network’s pregame show discussing the Knicks.
“The Knicks will be watching Chicago. Is Zach LaVine a player who before the deadline possibly can become available? He certainly isn’t now.”
Chicago is not yet ready to pivot to tanking, so none of its stars are truly available. That said, the Bulls don’t look like a playoff team, they miss Lonzo Ball, and even if things do come together where do they stand in the East hierarchy? If the Bulls do become sellers, they aren’t going to tear this team down to the studs, it would likely be trading just one star. Possibly a second if the offer was strong enough.
LaVine — who signed a five-year, $215 million extension this past summer — is the least likely to be available, league sources have told NBC Sports. The expectation is that Vucevic would be the Bull first made available if the Bulls decide to start seriously listening to offers. And that remains an “if.”
That said, front offices around the league have their eyes trained on Chicago.
John Collins is out for at least another week with a sprained ankle. DeAndre Hunter has been out with a strained hip flexor.
Now you can add Dejounte Murray to the Hawks’ growing injury report, he is out at least 2-3 weeks with a sprained ankle, Shams Charania and Sam Amick of The Athletic report.
The injury happened on a closeout from RJ Barrett of the Knicks.
The Hawks have already had chemistry and fit issues this season, and missing key players for an extended period only exacerbates the problem. Atlanta looked flat getting their doors blown off by the Knicks Wednesday night, 113-89, a game that added to a string where they have lost 5-of-7. Now they will have to find a way to right the ship without their second-best playmaker.
There also is an update on the Hawks’ play-by-play announcer Bob Rathbun.
Brittney Griner is finally coming home.
The WNBA and USA Basketball star has spent 10 months in Russian prisons — including being convicted and sent to a Russian penal colony — for having vape canisters with small amounts of cannabis oil in her luggage as she went through Russian airport security back in February. She became a political pawn in the tensions between the United States and Russia, mostly surrounding Russia’s invasion of the Ukraine, and was freed via a prisoner swap announced Thursday.
The basketball world — WNBA players in particular — had worked to keep her name front and not let Griner be forgotten during this ordeal, pushing President Joe Biden and the government to reach a deal. With the news Griner was freed, NBA and WNBA players took to social media to react.
“Brittney has had to endure an unimaginable situation and we’re thrilled that she is on her way home to her family and friends,” NBA Commissioner Adam Silver said. “We thank the members of the NBA and WNBA community who never wavered in their efforts to raise awareness of Brittney’s unjust circumstances.”
“We are overwhelmed with relief and gratitude that our sister Brittney Griner is finally coming home,” the NBPA said in a statement. “Her strength and courage throughout this last year have been truly remarkable, as have the efforts of her wife Cherelle, our WNBPA sisters, Terri Jackson and the WNBPA staff, who have been relentless in their call to bring Brittney home. We know this homecoming would not have been possible without their unwavering support and continued work to keep BG always top of mind, and our players are honored to have contributed to those efforts. While this is a celebratory moment for our sisters and us, we must not forget the other political prisoners who remain in dire circumstances all over the world. These individuals must be remembered and fought for every single day as BG was so that they too can have this moment. Welcome home Brittney, we are so happy to have you back! #WeAreBG”