Jan 22, 2013, 11:50 PM EDT
There aren’t a lot of people willing to give Sacramento much of a fighting chance to hold on to the Kings, but they’re not going down without a big money fight.
Sources familiar with the situation tell ProBasketballTalk that “mega whales” Ron Burkle and Mark Mastrov are in serious talks with the city of Sacramento to collaborate on a bid to buy the Kings and keep them in California’s capitol.
Additionally, sources report that there is no shortage of bidders as at least five groups have approached the city and have NBA-level credentials.
Burkle famously was interested in buying the Kings from the Maloofs when they filed for relocation in 2011, but was rebuffed by the family in an emotional response.
From Sacramento’s perspective, the combination of Burkle and Mastrov would be an extremely compelling group to present to the NBA’s Board of Governors, and is being called a “dream team” by those close to the negotiations. Burkle, a billionaire, has transformed the Pittsburgh Penguins into a model NHL franchise and was coveted by Commissioner David Stern, who excitedly told Kevin Johnson last year, “You’ve got Burkle?” Mastrov founded the 24 Hour Fitness chain and finished second in a recent bid to purchase the Warriors, ahead of billionaire Larry Ellison.
Both owners would work with the city of Sacramento using a model of last year’s arena plan that was negotiated and agreed upon by David Stern and AEG. Sources say that their interest is derived from Sacramento’s burgeoning basketball marketplace, a market they has been evaluated in talks to be a top-5 NBA market when one factors in the lack of other sports competition.
Hanging over the situation is the fact that the NBA has received over $3 billion in public subsidy money for arenas since 1990, and sources with knowledge of the situation maintain that Sacramento’s current “model offer” of public funds will not go unrecognized by the NBA’s Board of Governors. Aside from a public relations nightmare similar to that of Sonicsgate, the league’s ability to secure future funds from cities could be threatened if Sacramento is abandoned for Seattle. Yahoo! Sports and CSN Bay Area have reported that the Board of Governors has already made up their minds to support a move to Seattle, but sources speaking to PBT on the condition of anonymity don’t see it that way.
The Sacramento Bee and USA Today were first to report these developments.
Mar 11, 2014, 1:18 AM EDT
LOS ANGELES — Before his Suns took on the Los Angeles Clippers Monday night, coach Jeff Hornacek talked about liking his team’s toughness, saying its something he took away from playing under Jerry Sloan in Utah. Not sure this is exactly what he meant. Midway through the fourth quarter P.J. Tucker and Blake Griffin got…
Mar 11, 2014, 12:14 AM EDT
With former Utah Jazz teammate of Karl Malone Jeff Hornacek in the building — actually sitting courtside as coach of the Phoenix Suns — Blake Griffin decided to do a little tribute. He threw down the Mailman dunk. (Griffin has spoken of looking up to the Mailman before, it not a coincidence.) Then he threw…
Mar 10, 2014, 11:05 PM EDT
LOS ANGELES — Phoenix is in a fight to make the playoffs in the West – it entered Monday night tied with Memphis for the last and final playoff spot in the West — and they could use this: Eric Bledsoe is on track to play Wednesday, coach Jeff Hornacek said Monday night before his…
Mar 10, 2014, 10:03 PM EDT
Serious charge of fun challenge?
Mar 10, 2014, 8:44 PM EDT
Run, Phil, run
Mar 10, 2014, 8:04 PM EDT
We’ve got a real nice feud brewing. Patrick Beverley and Damian Lillard are both tough point guards on contending Western Conference teams. They both overcame long odds to reach the NBA and play with justified pride now that they’re here. And both are unafraid to speak their mind. Lillard lobbed the opening salvo after Houston’s…
Mar 10, 2014, 7:07 PM EDT
Does he mean Carmelo Anthony, Andrea Bargnani or J.R. Smith?
Mar 10, 2014, 6:11 PM EDT
Phil Jackson seems destined for New York. I argue that’s a good thing… but only if Jackson has a Jedi mind trick that can keep James Dolan at bay.
Mar 10, 2014, 5:21 PM EDT
Kansas’ Joel Embiid — potentially the top pick in the upcoming NBA Draft — has sought out a second opinion on his back injury. Just a reminder of why he should jump to the NBA rather than stay another year in college.
Mar 10, 2014, 4:05 PM EDT
As if his season hasn’t been a big enough disappointment, Cleveland’s No. 1 overall pick Anthony Bennett will miss at least 10 games with a knee strain.
Mar 10, 2014, 3:48 PM EDT
Nobody thinks Mike D’Antoni is the long term answer for the Lakers, but what is the point of switching out coaches this late in a lost season?
Mar 10, 2014, 3:07 PM EDT
All the buzz has Phil Jackson taking a front office job with the Knicks (he’s just deliberate in making decisions like this)… but nobody asked Carmelo what he thought? Really?
Mar 10, 2014, 2:41 PM EDT
With a number of top teams stumbling — Oklahoma City, Miami, Indiana — it is the Spurs who have gotten healthy and looked good going 6-0 since the end of the rodeo trip. The West now dominates the top of the rankings, the Sixers are looking to set records at the bottom. 1. Spurs (46-16,…
Mar 10, 2014, 1:49 PM EDT
Bulls fans have taken to chanting “M-V-P” when Joakim Noah heads to the free throw line — and he does not like it one bit.
Mar 10, 2014, 12:56 PM EDT
“Quick, 15-20 seconds, throw few punches, then referees jump in and break this thing up.”
Mar 10, 2014, 12:13 PM EDT
As a member of the Jazz, Al Jefferson once encouraged Utah fans to boo their own team. When he returned to Utah in December as a Charlotte Bobcat, Jazz fans cheered him. Now, another former Utah big man, Paul Millsap, is encouraging Jazz fans to boo him when he returns with the Atlanta Hawks. Paul…
Mar 10, 2014, 11:32 AM EDT
This 15-second sequence tells you all you need to know about the Rockets point guard.
Mar 10, 2014, 10:36 AM EDT
Who held the record previously? Anyone? Bueller? Bueller?
Mar 10, 2014, 10:07 AM EDT
Dad was focused on the game just a l’il bit.
Mar 10, 2014, 9:35 AM EDT
Durant shooting even more – even if those extra shots are relatively inefficient – would make him more similar to history’s other high-end scorers. And that option remains on the table for him.
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