Associated Press

Something to watch: Grizzlies minority owners buying team next month

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The Houston Rockets selling for $2.2 billion has other owners considering their options. That includes Brooklyn Nets owner Mikhail Prokhorov is looking to sell at the right price and timeline.

But the first team to be sold could be the Memphis Grizzlies.

A couple of minority owners have the rights to make an offer on the team this October and it’s possible primary owner Robert Pera may take it. Pera owns 30 percent of the team, the most of any minority owner (making him the primary owner), but Steve Kaplan and Daniel Straus have the rights to make an offer for the team, something broken down by ESPN back in 2016 and updated recently by The Ringer.

At that time, Kaplan and fellow minority owner Daniel Straus, an East Coast health care magnate and the team’s vice chairman, have an option to make a bid for controlling interest in the team at a price of their choice, sources said. At that point, Pera would have two options: buy out Kaplan and Straus at that named price, or sell his shares to them based on the same valuation. Control of the decision ultimately would rest with Pera.

Kapan and Pera have had a feud, which is part of this. The agreement set up between Pera and Kaplan/Straus back when Pera bought the teams says that Pera either needs to sell his shares to them at the price Kaplan/Straus set or buy them out, based on their percentage of that valuation. Pera is a largely absentee owner at this point who could turn a healthy profit selling his share.

There are 20 owners of the Grizzlies — including Justin Timberlake — all with a minority share, Pera just has the largest. Kaplan wants his own team, he was part of a group trying to buy both the Hawks and then the Timberwolves. This is his chance.

How much are the Grizzlies worth? Forbes estimated $790 million (their estimates are notoriously off), but based on what Forbes valued the Rockets at vs. what they sold for, the Memphis number is probably close to $1 billion. Pera owns 30 percent of the team, so we are talking around $300 million. If Kaplan bought the entire 30 percent, he would own a little more than 44 percent of the team.

Right now the Grizzlies are a profitable team, largely because the community has bought into with the “grit & grind” style and attitude and filled the building. However, while the team has retained Marc Gasol and Mike Conley, it has gotten older and will be in a fight to make the playoffs this season. A rebuild is in its future, which could impact future income and the sale price.

It’s all just something to watch. One way or another, there will be some movement in the Grizzlies ownership next month.

Another LeBron James mural vandalized in Los Angeles

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Most of Los Angeles — and the vast majority of Lakers fans — are fired up that LeBron James is coming to Los Angeles. They see a return to glory for the franchise (well, once they get the rest of the roster right… sorry Lance Stephenson).

However, there is a segment — particularly the die-hard Kobe fans — who are having trouble assimilating to the new reality.

So when an artist did a LeBron James mural near Venice in Los Angeles recently — a really well-done tribute — it was quickly vandalized. Then eventually covered up.

This week another artist did another impressive LeBron/Lakers mural — this one with LeBron looking up at the Lakers’ legends — and once again, it was vandalized.

I’m not shocked by any of this, but it is depressing. If you’re vandalizing art, you are a cowardly buffoon.

There’s no way to really know the motivation behind the second attack, although the smart money is on it being the same as the first one — a few people think they are protecting the Lakers’ brand by not welcoming the best player on the planet to a team that hasn’t made the playoffs in five years. It’s incredibly flawed logic, but frankly flawed logic has become trendy in recent years, it can get you elected to all kinds of offices.

If you can’t embrace LeBron joining the team, I’m not sure how you could call yourself a Lakers fan. But to take that another step and deface a mural is another level of idiocy.

AP Source: Thunder trading Dakari Johnson to Orlando

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OKLAHOMA CITY (AP) — The Oklahoma City Thunder are trading reserve center Dakari Johnson to the Orlando Magic.

A person with knowledge of the details confirmed the move to The Associated Press on Friday. The person spoke on the condition of anonymity because he was not authorized to discuss the situation publicly.

Yahoo Sports, which first reported the deal, said Oklahoma City will get guard Rodney Purvis in the deal. Purvis averaged 6.0 points and 1.7 rebounds in 16 appearances for the Magic last season. The Orlando Sentinel said the Thunder also sent cash to the Magic.

Johnson played 31 games last season for the Thunder with six starts. He averaged 1.8 points and 1.1 rebounds per game. The 7-footer averaged 23.3 points and 10.3 rebounds in 10 games for the Oklahoma City Blue, the Thunder’s G-League affiliate, last season.

Center Alex Len reportedly reaches contract deal with Atlanta

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Five years ago, the Phoenix Suns had just drafted Alex Len at No. 5 overall and thought he would be the big man in the middle the team would build around. It didn’t work out that way, he never averaged double figures in either scoring or rebounding for a season. While Len has said he thought he was not used correctly, and there has been plenty of change and inconsistency in Phoenix, he never grabbed hold of the top job, either.

When the Suns drafted Deandre Ayton No. 1 last June, there was no chance they were bringing back Len next season. The unrestricted free agent is headed to Atlanta instead, reports Shams Charania of The Vertical at Yahoo Sports.

Free-agent center Alex Len has agreed to a two-year, $8.5 million deal with the Atlanta Hawks, league sources told Yahoo Sports.

Len received interest from several teams in recent days before finalizing an agreement with the Hawks on Saturday.

Len is not going to space the floor, 73 percent of his shots came at the rim last season, but he’s become an efficient finisher there. He is good as a roll man, will work off the ball, and can post guys up on offense. He’s also strong on the offensive glass and gets points via putbacks. His game is not that of a modern NBA center, but he’s become efficient at what he does.

Len is going to have to earn his minutes in the ATL, rebuilding team or not there is some quality along the front line. John Collins, who made the All-Rookie team last season and was one of the standouts of Summer League, will start up front, possibly at the four with Dewayne Dedmon at the five. The just-drafted Omari Spellman showed potential at Summer League and could be the backup four, which means Len gets the backup center minutes.

Len is getting his new chance on a team that can give him some run, we’ll see if a change of scenery is what he needed.

Gordon Hayward posts new workout video, he is moving pretty well

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Player workout videos on Instagram are a lot like how your life (or, your parent’s life) appears on Facebook — everyone looks their best, is always having fun and doing something interesting, and the daily grime of life has been scrubbed away.

That said, Boston’s Gordon Hayward looks good — he seems to be moving very well — in this latest workout video he posted.

It’s a good sign to see Hayward moving like that in July, months before that reconstructed ankle needs to be put to the test on the NBA hardwood.

With Hayward and Kyrie Irving healthy, the Celtics start the season as the favorites in the East — but Toronto is a sudden, serious challenger if Kawhi Leonard is all the way back and healthy. Philadelphia is talented and in that mix as well if Joel Embiid and Ben Simmons can take strides forward with their game.

The top of the East is going to be very interesting next season.