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Knicks’ owner James Dolan says he doesn’t want to sell Knicks, won’t rule it out either

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Five billion dollars is a lot of money.

Enough money to have James Dolan keeping the door open to something he doesn’t want to do — sell the New York Knicks. While Forbes estimated the Knicks’ value at $3.6 billion, there have been rumors of some possible interest at more than $5 billion.

That is a ray of hope for a beleaguered Knicks fan base has called for James Dolan‘s head on a pike to sell the team for years now. That sale has never seemed likely. It still doesn’t, although some parties have at least put out “feelers.” Because of the massive amount of money involved, Dolan told Ian O’Connor of ESPN (in a must-read piece) a sale can’t be ruled out entirely.

“No one has come through with a bona fide offer. You hear numbers all the time. … I think people have sent feelers out, but never any that were pursued. Yeah, [the feelers are] around that number [$5 billion], but those things, it’s like a stock price. It’s only important if you’re going to buy or sell.”

The Knicks (and NHL’s Rangers, and MSG Network) are owned by the Madison Square Garden Company, which is a publicly traded company that Dolan heads. (It was formed in 2010 when Cablevision spun off the Knicks, Rangers, and MSG Network.) While the company is publicly traded, the majority of stock rests in the hands of Dolan and his family (his father and five siblings). And if they don’t want to sell…

“I love the Knicks and Rangers, right, but you still have a responsibility to your shareholders. They’re not there because they’re fans. You don’t invest hundreds of millions of dollars in a stock because you’re a fan. You do it because you think that the business is going to increase in value, that the stock price is going to go up….

“I could never say that I wouldn’t consider selling the Knicks. Now, my family is not in that position, and they are the majority shareholders. They hold the majority of the vote. … As a majority owner, I don’t want to sell, either. As the head of the public company, you can’t say you can’t sell, because then you’re telling your shareholders that your own personal feelings about your assets are more important than their money. And they won’t invest with you if you do that.”

All of which is to say, don’t bet on a sale anytime soon unless there is a shareholder revolt. And that revolt would need someone (or someones) inside the palace to help out, or it goes nowhere. If the Dolans don’t want to sell, nothing gets sold.

For now, the status quo holds.

In recent years, Dolan has stayed away from basketball decisions more and more. He let Phil Jackson do things his way until it was obvious that was a mistake. Now the current power structure — Steve Mills, Scott Perry, David Fizdale — has been given a lot of room to build a new culture and identity. That takes time, it’s far too early to judge that process. Let’s just hope Dolan continues to give the professionals room and time to do their job.

Since, apparently, he’s not going to be selling anytime soon.

Suns’ Richaun Holmes facing marijuana charge

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Josh Jackson was charged with felony escape, reportedly for running away while handcuffed after repeatedly trying to enter the VIP area of a music festival without a pass.

Now, another Suns player is facing a criminal charge in South Florida.

David Ovalle of the Miami Herald:

Phoenix Suns backup center Richaun Holmes was booked into a Miami jail Wednesday night on a misdemeanor marijuana charge after being pulled over in Aventura.

Holmes, who was booked as Richard Holmes…

Marijuana is becoming increasingly legalized. As a society, we’ve largely stopped caring about people using it.

Unfortunately for Holmes, he was in a place that jails people for it and works for an employer that prohibits it.

If Holmes is convicted, it’ll be a violation of the NBA’s marijuana penalty. First violation: no penalty. Second violation: $25,000 fine. Third violation: five-game suspension. The league doesn’t announce violations until a player gets suspended. Holmes has no announced violations.

I’d support Miami/Florida legalizing marijuana and the NBA allowing it. But in the meantime, Holmes must handle this.

Cavaliers owner Dan Gilbert: ‘I think Kyrie will leave Boston’

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Cavaliers owner Dan Gilbert said his team “killed it” in the Kyrie Irving trade.

One of Gilbert’s justifications stood out.

Gilbert, via Terry Pluto of The Plain Dealer:

“I don’t know, but I think Kyrie will leave Boston,” said Gilbert.

The league’s enforcement of tampering is so arbitrary. I have a general rule against predicting when the NBA will punish someone for tampering.

I’m breaking it here. This has to be tampering.

Irving is under contract with the Celtics until July 1. A rival owner is publicly predicting Irving will leave. This is the essence of tampering – a member of another team interfering in a team’s contractual relationship with a player. And owners get even less leeway.

Maybe Irving will leave Boston. But it’s wild Gilbert said this publicly.

Pacers’ Myles Turner says it’s “blatant disrespect” he didn’t make All-Defensive Team

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The NBA’s All-Defensive Teams were announced on Wednesday. When it came to the center position, Utah’s Rudy Gobert was named to the first team, and Philadelphia’s Joel Embiid the second team.

That left Indiana’s Myles Turner, the league’s leader in total blocked shots last season, off the list. He took to Twitter to vent about that.

His teammates and GM had his back.

The NBA puts players, and by extension voters (selected members of the media), in a box by the use of rigid positions for this award. In an increasingly positionless league, voters for the All-Defensive Teams have to choose two guards, two forwards, and one center for each of the First and Second teams. It’s unlike All-Star voting, for example, where two backcourt and three frontcourt players are chosen, which allows some flexibility. In the attempt to make the All-Defensive Teams (and, also, All-NBA Teams) look like the kind of lineups teams would put on the floor 25 years ago, voters are limited.

Because of that format, Turner got squeezed out. (Note: In an effort at transparency, that includes on my ballot for these awards.)

Two centers only. Gobert is the defending — and soon likely two-time — Defensive Player of the Year, and is the anchor of a great Utah defense. Embiid’s impact on the defensive end is critical for Philadelphia, something evident in the Sixers second-round playoff series against Toronto when he was +90 in a series the Sixers lost (voting took place before the playoffs, but Philadelphia’s defense was 5.8 points per 100 possessions better with Embiid during the season, Indiana was 1.2 better with Turner).

There were three deserving centers — Turner was fantastic this season, he made a huge leap and anchored the NBA’s third-best defense — but two spots and no flexibility. So when the music stopped, Turner was the guy standing without a chair. It sucks, but that’s the way it went.

Turner will use this as motivation for next year. Keep playing like he did last year and his time will come.

Cavs owner Dan Gilbert on Kyrie Irving trade: “We killed it in that trade”

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The Cleveland Cavaliers had no choice but to trade Kyrie Irving back in 2017. Irving asked to be moved, and if he hadn’t been there were threats of knee surgery that would have sidelined him much or all of the next season (he didn’t get that surgery, but then missed the 2018 NBA playoffs due to those knee issues).

The trade they took was with Boston: Isaiah Thomas, Jae Crowder, Ante Zizic, a 2018 1st round draft pick (which became Collin Sexton) and eventually a 2020 2nd round pick. At the time that didn’t seem bad because we didn’t yet grasp the severity of Thomas’s hip surgery — but the Celtics did. Once Cleveland’s doctors got a look at Thomas the trade was put on hold until more compensation was added, which proved to be the second-round pick.

Looking back now, the Cavaliers didn’t fare well, with all due respect to Sexton (who made the All-Rookie second team). Although that’s to be expected, nobody gets equal value back when trading a superstar.

That’s not how Cavaliers owner Dan Gilbert sees it, speaking to the Cleveland Plain Dealer.

“I don’t know, but I think Kyrie will leave Boston,” said Gilbert. “We could have ended up with nothing. Looking back after all the moves Koby made, we killed it in that trade.”

“Killed it?” I didn’t think the kind of stuff Gilbert must be on was legalized in Ohio yet.

This is a matter of semantics. Was it about as good a deal as GM Koby Altman was going to find at the time? Yes. Again, at the time we thought Thomas would return midway through the next season and be closer to the guy who was fifth in MVP voting the season before than the guy we ended up seeing (which is still a sad story, hopefully Thomas can get back to being a contributor next season somewhere). Crowder was in the rotation on a team that went back to the NBA Finals. Sexton showed some promise as a rookie, maybe not as much as some Cavaliers fans think but he can play.

But “killed it?” To quote the great Inigo Montoya, “You keep using that word. I do not think it means what you think it means.”