Feb 26, 2013, 7:30 PM EDT
Sorry Lakers fans, this does not mean the Jazz “owe you one” and will tank so you can make the playoffs.
But in all the tributes and stories that poured in about the Lakers late owner Jerry Buss in recent weeks, this was one of the more interesting.
Back in 1985 then owner Sam Batiste was looking to sell the team and about 20 people lined up to buy half of the Jazz. Larry Miller, a Salt Lake City guy, was one of them and his plan was to keep the Jazz in SLC. Which is what Battistone wanted, so he picked him, Larry Miller wrote in his autobiography.
Miller had to give a presentation to the other owners before the sale was voted on (as will happen with the Sacramento/Seattle situation in April). Steve Luhm of the Salt Lake Tribune does a great job telling the story from there.
When Miller began his presentation, San Antonio’s Angelo Drossos quickly emerged as a skeptic.
Miller wrote: “… I laid out my financial statements showing earnings and equity and the debt structures of my business. Angelo, for some reason, took the lead in the meeting.”
Drossos started questioning Miller, often interrupting before he could finish his response….
After the fifth interruption, Buss, who I had never met, interrupted Angelo,” Miller recalled. “He said, ‘Angelo, why don’t you shut up and let him answer a question?’ ”
Then, Buss “started asking questions that led to a discussion of my numbers. … Within half an hour, Jerry said, ‘I’m satisfied. Let’s go with him.’ “
And Miller got the team, the Jazz stayed in Utah and became one of the best teams in the West in the 1990s with John Stockton and Karl Malone (it was just not a great era to be the best team in the West).
It’s a great story and kind of shows you the business side of Buss — he always had a sense of what was good for the league.
Aug 3, 2015, 9:15 AM EDT
We bring you this, because it’s August.
Aug 3, 2015, 8:30 AM EDT
What will J.P. Tokoto, future Philadelphia second-rounders think of McRae’s contract?
Aug 3, 2015, 8:00 AM EDT
The Timberwolves roster doesn’t have a lot of quality three point shooters on it.
Aug 3, 2015, 12:01 AM EDT
Orlando keeps backup center on minimum contract
Aug 2, 2015, 10:30 PM EDT
I think the movie is coming, people.
Aug 2, 2015, 9:32 PM EDT
Saunders has a versatile front line, but does he have enough shooting to give them room to operate?
Aug 2, 2015, 8:50 PM EDT
Jordan will gloat about this to Butler for years.
Aug 2, 2015, 3:30 PM EDT
The game in Africa felt like an exhibition.
Aug 2, 2015, 2:00 PM EDT
It’s a standard rookie contract for a first-round pick.
Aug 2, 2015, 12:30 PM EDT
He will be one of the favorites to win ROY.
Aug 2, 2015, 11:00 AM EDT
He was a star with the Buffalo Braves (the franchise that is now the L.A. Clippers).
Aug 2, 2015, 9:30 AM EDT
“Dude, what are you talking about? You’re only a year older than me!” — Giannis Antetokounmpo on Anthony Davis calling him “kid.”
Aug 2, 2015, 8:00 AM EDT
Okafor is getting acquainted with his young fans in Philadelphia.
Aug 2, 2015, 12:30 AM EDT
Davis is in talks to re-sign with the Clippers.
Aug 1, 2015, 11:00 PM EDT
Hamilton played 14 games with the Clippers last season.
Aug 1, 2015, 9:30 PM EDT
Rose played in the 2010 and 2014 FIBA World Championships.
Aug 1, 2015, 8:00 PM EDT
That would be good news for the Spurs and bad news for the rest of the Western Conference.
Aug 1, 2015, 6:30 PM EDT
Noah spent most of last season limited by knee surgery.
Aug 1, 2015, 5:00 PM EDT
His $4.7 million salary for next season is unguaranteed.
Aug 1, 2015, 3:30 PM EDT
Paul is still in the running for a spot on the 2016 Olympic team.
- Jahlil Okafor: “Rookie of the Year is one of the goals I set for myself” 13
- Report: Derrick Rose undecided about attending Team USA minicamp 8
- Report: Pacers planning to purchase D-League’s Fort Wayne Mad Ants 3
- Report: Hawks’ Mike Scott told police after arrest all drugs in car were his 17
- NBA lands in Africa trying to put down roots, which is all about youth programs, infrastructure 1
- Report: Kings expected to hire Nancy Lieberman as assistant coach 9
- Report: Hawks’ Mike Scott arrested for felony drug possession 16
- Gilbert Arenas on LeBron James: “James isn’t a #1 option..and yes I (didn’t stutter)” 50