Apr 10, 2012, 12:21 PM EST
The NBA owners are getting together in a mid-town Manhattan hotel this week, and not just to give us all lockout flashbacks. (Quick, get Larry Coon to order some pizza!). It’s time for the Board of Governor’s meeting (which is a fancy way of saying all the owners get together and vote on stuff).
It is in that hotel that the Kings’ Maloof brother will try to explain to the other owners why six weeks ago they stood in the middle of Power Balance Arena and basked in the applause for a handshake deal to build a new arena in Sacramento and keep the Kings in town, but now they renegotiate it. Which would kills the deal as the other parties are done talking. The family needs to explain why now that they have to do their share — when they have to write some checks — to keep their team in the city of a very loyal fan base they want out.
There is a reason Commissioner David Stern and the league pushed the Maloofs aside and negotiated a deal with Sacramento and eventual arena operator AEG. Those sides came to the deal where the Maloofs had to make some very reasonable contributions — starting with $3.2 million in pre-development fees — that the Maloofs now say are not reasonable.
It is the other NBA owners that will decide what is reasonable. They can veto any move of the team. They can’t force the Maloofs to sell (the wish of most Kings fans) but they can force the Kings to stay put in Sacramento. And there are buyers in the wings that want to keep the team in the city.
That said, the other owners are not going to want limit their flexibility going forward — they want the future ability to leverage their cities for truckloads of money to build (or upgrade) an arena and nothing does that like the threat of a move. The other owners could let the Kings go to Anaheim (over the objections of the Buss family that owns the Lakers and Donald Sterling of the Clippers).
Sacramento Mayor Kevin Johnson will not be in New York to make the city’s case, reports the Sacramento Bee. City and AEG officials said they have done all they can. David Stern will present the league’s case and the handshake agreement reached a few weeks ago. Here is how the Bee breaks down the deal.
The Maloofs have declined to say publicly what their concerns are, other than their refusal two weeks ago to pay a $3.26 million share of the $13 million in pre-development costs the city says it needs to keep an arena project on track. The Kings also have objected to a proposal that they reimburse the would-be arena operator AEG its $3.26 million pre-development share if the deal falls apart without any fault from AEG….
AEG has agreed to contribute $58.75 million to a downtown arena. The Kings agreed to put up $73.3 million. The city would shoulder the bulk of the cost: $255.5 million.
A source familiar with the issue said the Kings would like more decision-making authority at the arena. The team reportedly also has concerns about parking issues, wants more input on the design, and has issues with the proposed lease terms and revenue streams, among other sticking points. The current “term sheet” calls for the Kings to sign a 30-year lease.
To me, this all seems a fair deal. Sacramento Mayor Johnson has come up with a way to get a much-needed new arena done, but the Maloofs — at least George for sure — clearly wants to move.
Now it falls into the hands of the other owners in a mid-town hotel. If the lockout is any indication, we could be waiting a while for an answer.
Mar 8, 2014, 2:00 PM EST
Paul Pierce is finishing out his Hall of Fame career with the Nets at the moment, after playing 15 seasons with the Celtics and rising to the top of many of the franchise’s all-time statistical leaders lists. Pierce returned to Boston for the second time this season wearing a different jersey on Friday, but he’ll…
Mar 8, 2014, 12:30 PM EST
Because the Lakers haven’t been embarrassed enough lately… That is Jodie Meeks just getting dropped by Ty Lawson‘s crossover during the Nuggets 134-126 win over the Lakers Friday night in a real defensive struggle. Lawson threw a series of moves at Meeks and got him off balance before dropping the hammer (then making the dish…
Mar 8, 2014, 11:00 AM EST
Late in the third quarter Friday with the Rockets leading the Pacers by 23 points, James Harden and Evan Turner got into it a bit, and the players had to be separated after getting face-to-face and a little shoving ensued. This appeared to be Harden intentionally agitating things, as this play had been whistled dead…
Mar 8, 2014, 9:30 AM EST
Even after three straight losses, the Indiana Pacers remain the team with the league’s best record, though they’re now tied with Oklahoma City for that honor while sitting at 46-16 in the standings. But the last two losses have been troubling. On Wednesday, Indiana lost by 22 points to a Bobcats team that is five…
Mar 8, 2014, 8:00 AM EST
Earlier this week I gave you a few highlights of my conversation with author Jeff Pearlman, who has a fantastic new book out on the Showtime era Lakers. Now, I bring you our entire conversation. In this latest edition of the PBT podcast myself and Eytan Shander of NBC Sports Radio discuss Phil Jackson and his…
Mar 8, 2014, 2:54 AM EST
The Lakers have lost a lot of games this season (42 to be exact), but the historic 48-point blowout loss to the Clippers Thursday night on national television hit the fan base hard. Many of these fans rooting for them to lose and get a better draft pick were embarrassed at the lack of defensive…
Josh McRoberts with an incredible behind-the-back pass to set up Chris Douglas-Roberts for three (VIDEO)
Mar 8, 2014, 12:02 AM EST
This pass was incredible in two distinct ways. First, the ability shown by Josh McRoberts to recognize that his teammate was wide open behind the three-point line from his position in the paint was fantastic. But the pass? It wasn’t just daring to attempt, but the physical level of skill required to get it there…
Sixers coach Brett Brown on whether we’ll see Nerlens Noel play this year: “It really is, ‘Who Knows?’”
Mar 7, 2014, 10:34 PM EST
Nerlens Noel was selected with the sixth overall pick in last summer’s draft, and the Sixers traded Jrue Holiday for him in order to jumpstart their rebuilding process. But we have yet to see Noel take the floor for Philadelphia this season, in much the same way that Andrew Bynum missed his entire year with…
Mar 7, 2014, 9:05 PM EST
It’s been a frustrating season in Milwaukee, and it’s gotten to the point where the team’s players are taking out those emotions violently against their opponents. Ersan Ilyasova received a suspension for the punch-shove combo he delivered to Reggie Evans, and we can expect the same punishment to be handed down to O.J. Mayo, who…
Mar 7, 2014, 7:55 PM EST
The nationally televised schedule of games that appear on TNT Thursday nights is apparently etched in stone. There’s no other way to explain the network keeping a Clippers-Lakers game on the air when a perfectly good Suns-Thunder matchup — one between two high-scoring playoff teams — was on the slate the very same night. Logistics…
Mar 7, 2014, 6:34 PM EST
Teams keep asking if Phil Jackson wants to come back to coaching. This is a guy who has had both hips and one knee replaced (with the other likely), who has spent too many years on the road sleeping in beds too short for his 6’10” frame, having showerheads hit him in the middle of…
Mar 7, 2014, 5:46 PM EST
According to every reliable source, Carmelo Anthony is going to opt out of the final year of his contract this season and look either to re-sign a five-year deal with the Knicks or move on to another team to be part of a contender. If Anthony wants to jump ship and go somewhere like oft-mentioned…
Mar 7, 2014, 4:25 PM EST
You can’t do that. Go ahead and argue that what Milwaukee’s Ersan Ilyasova really did was shove the Kings’ Reggie Evans if you want, you still can’t do that. The two were battling for rebounding position and after the play Ilyasova turned on Evans punch/shoved him and knocked him to the ground. I have checked the NBA…
Mar 7, 2014, 3:55 PM EST
The only time the Timberwolves seemed to take charge in their loss to the Knicks Wednesday night was in the third quarter when Nikola Pekovic took over. It’s not a shock if you’ve watched the Timberwolves this season — he averages 18 points a game on 53.9 percent shooting, the Minnesota offense is 4.7 points…
Woodson says ‘legally, no one can recruit anyone’ in response to Melo-Bulls talk. But that’s not necessarily true.
Mar 7, 2014, 3:23 PM EST
Knicks head coach Mike Woodson has enough to worry about, including whether he’ll even be employed by the team next season, before he can begin to think about what Carmelo Anthony may choose to do as a potential free agent this summer. The latest rumor, of course, had Anthony being told by the Bulls’ Joakim…
Mar 7, 2014, 2:11 PM EST
Here’s the real story: Kevin Love and Tyson Chandler are friends. They met as part of Team USA and like each other, text each other, have worked out together at points in the offseason. Like you with your friends, they like to poke fun at each other sometimes. So when Chandler said Love can’t play…
Mar 7, 2014, 1:29 PM EST
This drives some fans crazy. Maybe they live in a mythical world where they think the players their team should share a hatred of their rivals/opponents. They like to believe that kind of hatred used to exist among players, as if Michael Jordan and Charles Barkley didn’t used to hang out and party together. Players…
Mar 7, 2014, 12:46 PM EST
No matter how his NBA head-coaching career unfolds, Brett Brown will always have a first-season losing record on his résumé. His 76ers will finish somewhere between 15-67 and 36-46 – likely much closer to the former. The 76ers struggling was no surprise. In fact, they’ve probably exceeded expectations. So why did Brown put himself in…
Mar 7, 2014, 11:45 AM EST
Phil Jackson has always done enough to ensure he remains on the radar for coaching vacancies (and now, front-office positions, too). And why shouldn’t he? Jackson is definitely one of the best coaches of all time, maybe even the best. I’m not convinced he can still physically withstand the rigors of coaching, but every hire…
Mar 7, 2014, 11:37 AM EST
Rudy Gay was inefficient as a Toronto Raptor. This is not up for debate. He attempted 17.6 shots per game in Toronto, making just 42.8 percent of the 2-pointers and 41.1 percent of all attempts. The only remaining question was whether Gay, who’s clearly not too fond of stats, knew he was inefficient as a…
- Pacers players hold locker room meeting after getting crushed by Rockets 16
- PBT Podcast: Talking Showtime Lakers with author Jeff Pearlman 6
- After Lakers’ 48-point loss, Laker GM Kupchak, owner Buss met with coach D’Antoni 30
- Report: Knicks offer Phil Jackson a front office position 30
- Is Carmelo Anthony’s smart play to opt in and play out contract with Knicks? 25