A source tells Don Walker of the Milwaukee Journal Sentinel that Bucks owner Herb Kohl is receiving considerable nationwide interest from investors who’d like to buy at least a minority share of the team, and many of them are in close proximity to Milwaukee. Kohl is reportedly close to selling a majority stake in the franchise, but Walker hears that no deal is imminent. Sports business experts say the team would be more valuable in another market, Walker writes, but Kohl has been insistent that the team stay in Milwaukee. Here’s more from around the league:
- Dewayne Dedmon‘s latest contract with the Magic gives him the chance to make the team’s roster next season, writes Josh Robbins of the Orlando Sentinel, so presumably that means the deal covers 2014/15 with a non-guaranteed salary.
- The Wizards didn’t bring Drew Gooden aboard until last month, but they’d been monitoring him since December, tweets J. Michael of CSNWashington.com. Gooden followed a pair of 10-day contracts with a deal Tuesday for the rest of the season.
- The Pelicans have more than $54MM in commitments for next season, and GM Dell Demps acknowledged that it’s unlikely the team will be a major player on the free agent market, as John Reid of The Times-Picayune observes. Demps also said he doesn’t regret last summer’s Jrue Holiday trade, even though there’s a strong chance it could cost them another lottery pick this year.
- The Bulls may have to make a few creative cap maneuvers to entice Nikola Mirotic to sign this summer, depending on the dollars-to-euros exchange rate and Real Madrid’s willingness to negotiate the amount of Mirotic’s buyout. Nate Duncan of Basketball Insiders has the details.
- Twelve-year NBA veteran Ricky Davis had been attempting a comeback with the D-League affiliate of the Knicks, but the Erie BayHawks announced that they have cut him loose.