City of Seattle

Mark Friedman Joins Sacramento Bid For Kings

If the Sacramento investment group angling to buy the Kings is successful, business magnate Ron Burkle will no longer be a part of team ownership, but the group added another big name today. Sacramento developer Mark Friedman has joined the bid for the Kings, according to Dale Kasler and Ryan Lillis of the Sacramento Bee.

Friedman will be a part of the bid to buy the Kings and build a new arena, as well as participating in the non-arena development that has been proposed for the Downtown Plaza site. He indicated to the Bee that he has been considering joining the bid for some time, having talked to lead investors Mark Mastrov and Vivek Ranadive over the last "couple of months." While Friedman didn't specify how much he's investing in the project, he said his commitment would be "substantial."

We shared a few more of the latest updates on the Kings saga earlier today.

Sacramento/Seattle Updates: Tuesday

We're a little over a week away from this year's NBA's Board of Governors meetings, which will be crucial for the future of basketball in both Sacramento and Seattle, as the league's owners consider whether or not to approve the sale of the Kings to Chris Hansen's Seattle group. As a final decision continues to inch closer, let's check in on the latest developments in the saga:

  • The removal of Ron Burkle from the potential Sacramento ownership group isn't viewed as a major factor, since his proposed contribution to the team and arena was relatively small, says Aaron Bruski of NBCSports.com (Twitter link). Burkle's contribution and participation have "barely changed," according to Bruski (Twitter link).
  • Even in a smaller role, Burkle is considered a vital participant in the development around the proposed arena, according to Dale Kasler, Ryan Lillis, and Tony Bizjak of the Sacramento Bee.
  • With Burkle taking a back seat, the Jacobs family's proposed stake in the team figures to increase. But since the NBA is confident that any of the potential investors could carry the bid on their own, shifting smaller amounts from one to another isn't a concern, says Bruski (Twitter links).
  • Although it's not expected to be the deciding factor in the NBA's decision, Vivek Ranadive's presence in the Sacramento group, and his potential make an impact in India, makes him a "game-changer," one source tells Bruski (Twitter link).
  • Ailene Voisin of the Sacramento Bee has more on Ranadive and the NBA's interest in India.
  • Tom Ziller of SBNation.com takes a look at how, in the future, the league can avoid another situation that pits two cities against one another in direct competition for an NBA franchise.

Ron Burkle Won’t Be Part Of Kings’ Ownership

5:36pm: Per NBA.com's David Aldridge, Burkle will not be directly linked with the building of a downtown arena for the Kings, but rather will only be involved in the economic development of the surrounding area.  Aldridge adds that the "conflict" over Burkle's small stake came up at last week's meeting in New York City.  Despite Burkle's stake being minimal, this development will increase the chances of a successful sale to the Sacramento group if the league rejects the Seattle bid because the Maloof's were uninterested in selling to Burkle "in any form."  Aldridge speculates that Jacobs could step in and fill the void left by Burkle's departure from the group. (Aldridge Twitter links here)

Jeff Zillgitt of USA Today reminds us, via Twitter, that Burkle cannot be involved with the Kings for the same reason that Jay-Z would have to divest his ownership stake in the Nets if his newly formed agency began to represent NBA players.  Here is the statement from the NBA, courtesy of Sports Business Journal's Liz Mullen on Twitter:

"Ron Burkle is no longer part of the Sacramento group because his ownership interest in Relativity Media which has a division that represents NBA players – would violate NBA rules."

3:44pm: Ron Burkle, one of the investors in the Sacramento group trying to keep the Kings in the city, won't take an ownership stake in the franchise if Sacramento keeps the team, according to Dale Kasler and Ryan Lillis of the Sacramento Bee. Due to a conflict of interest, Burkle will instead focus exclusively on building a downtown arena for the team.

A source tells Kasler and Lillis that NBA officials expressed concern about a potential conflict of interest for Burkle last week, since he is a part-owner of Relativity Sports. Relativity, the home of prominent NBA agents Dan Fegan and Happy Walters, represents Dwight Howard, Amare Stoudemire, and John Wall, among other NBA stars.

With Burkle removed from the ownership picture, Mark Mastrov, Vivek Ranadive, and the Jacobs family (led by Paul Jacobs) will head the group. According to Sam Amick of USA Today (via Twitter), the development doesn't hurt Sacramento's pitch to the NBA; in fact, it could be a positive sign for Sacramento that the league went to "great lengths" to resolve the potential conflict.

Kings Rumors: Robinson, Arena, Ranadive

The Kings have the league's seventh-worst record, but they've been one of the most newsworthy teams all year, thanks to the uncertainty surrounding where they'll play next season. They also participated in perhaps the most significant trade at the deadline, sending 2012 fifth overall pick Thomas Robinson to the Rockets. There's more news on both fronts, as we detail here: 

  • Robinson says the trade shocked him, but added that he doesn't hold it against the Kings, as Jason Jones of The Sacramento Bee documents. "I don't have any regrets," he said. "I'm glad the Kings gave me a chance and drafted me. They put me in the league." That's in contrast to what he told Maurice Bobb of SLAM shortly after the deal, when he said he felt "somewhere between" happy and disrespected. Robinson could be on the move again, as he's rumored as potential trade fodder if the Rockets want to clear space for Dwight Howard.
  • Sacramento County officials deny they've agreed to kick in $600K annually to help fund a new $448MM arena for the Kings, according to Tony Bizjak, Ryan Lillis and Dale Kasler of The Bee. A report circulated by the city of Sacramento stated that the county had agreed to the funding, but representatives from both the city and county say the matter isn't a significant hurdle to the arena plan.
  • David Stern's trip to India this weekend had been scheduled long in advance and isn't related to India native Vivek Ranadive's recent emergence as the lead investor of Sacramento's bid to keep the Kings. Still, the connection can't hurt the city's chances in its duel with Seattle, The Bee's Ailene Voisin opines.
  • Gary Washburn of the Boston Globe believes the most significant takeaway from this week's owners meeting on the future of the Kings was that Sacramento proved its bidders have the financial wherewithal to match Seattle's effort.

Pacific Rumors: Lakers, Kings, Clippers

If the Lakers fail to make the playoffs, they'll have no one but themselves to blame, opines Ken Berger of CBSSports.com. They sit a half-game up on the Jazz for eighth place in the Western Conference heading into tonight's action, with Utah playing host to the Hornets while the Lakers face a much tougher opponent in the Grizzlies. It's the same position both clubs found themselves in yesterday, when we asked Hoops Rumors readers which of the teams fighting for the last playoff spot would make it. A strong majority favored L.A. over Utah and the fading Mavericks. As the Lakers, through all their struggles, continue to deal with expectations, here's more from around the Pacific Division:

  • Michael Lee of the Washington Post summarizes the state of affairs in the tug of war over the Kings, and lays out the case for both Sacramento and Seattle.
  • Legal analyst Michael McCann believes there's little grounds for a threatened referendum on Sacramento's public funding plan for a new arena, tweets Aaron Bruski of NBCSports.com. The city would raise money for its contribution to the building through the lease of parking garages and land.
  • Blake Griffin doesn't put much stock in a recent column by T.J. Simers of the Los Angeles Times suggesting immaturity is causing problems for the Clippers, and downplays the idea of chemistry problems on the team. Arash Markazi of ESPNLosAngeles.com has the details.

Odds & Ends: Wizards, Pistons, Greene, Kings

As we prepare for a busy 12-game evening slate, let's check out a few Friday afternoon odds and ends from around the Association:

Pacific Notes: Howard, World Peace, Kings, Clips

Earlier today, the Clippers signed DaJuan Summers for the season, and we passed along word that Grant Hill is likely to retire at season's end. Here are a few more Thursday items from out of the Pacific Division:

  • Chris Broussard of ESPN.com (Insider-only link) expects Dwight Howard to re-sign with the Lakers, but notes that there are other potentially attractive destinations in play. Broussard breaks down the pros and cons of three likely Howard suitors, the Hawks, Rockets, and Mavericks.
  • Metta World Peace's rehab from knee surgery is off to a good start, though his future is still uncertain, writes Mark Medina of the Los Angeles Daily News.
  • As Steve Kyler of HoopsWorld explains, when the NBA Board of Governors votes on the future of the Kings, the decision won't necessarily come down to Seattle vs. Sacramento, since the Board can't force the Maloofs to sell to the Sacramento group. The Board of Governors will simply be voting on whether or not to approve the sale to the Seattle group, so if the sale is to be declined, there will need to be real cause.
  • In his latest column for the Los Angeles Times, T.J. Simers argues that the immaturity of Blake Griffin and DeAndre Jordan is dragging the Clippers down, and says Jordan "blames [head coach Vinny] Del Negro for burying him on the bench."

Odds & Ends: Kings, Babby, Bynum, 2014

TNT's David Aldridge, writing for NBA.com, delivers a lengthy summary of the fallout from the presentations that competing bidders for the Kings made today before a group of owners. Aldridge concludes that the key issue has shifted from the size of the bids to how quickly each city can build a new arena. Ken Berger of CBSSports.com gives his take on the affair, noting that four of the 12 owners scheduled to attend today's meeting were not present. The Kings saga is the major story of the day, but there's plenty more happening around the Association:

Luke Adams also contributed to this post.

Seattle, Sacramento Make Presentations To NBA

5:54pm: Commissioner David Stern and deputy commissioner Adam Silver addressed the media after both sides finished the presentations. Here are the updates based on their remarks, along with some more updates from Sacramento's side.

  • Stern said the Kings' future may still be unresolved by the time the two-day Board of Governors meeting that's set to begin April 18th is finished, tweets Ken Berger of CBSSports.com. Still, Stern doesn't expect the decision will take too much longer, as TNT's David Aldridge points out (Twitter links).
  • Stern spoke about the timelines involved for a new arena in either city, and Aaron Bruski of NBCSports.com believes it will be a hot-button issue (Twitter link).
  • The 12 owners who met today will do so again before the full Board of Governors meeting later this month, Berger notes via Twitter.
  • Deputy commissioner Adam Silver said the $30MM down payment the Seattle group gave to the current Kings owners "was a contingency deal" to buy the team, Aldridge tweets. The Sacramento bidders are operating on a different model, Silver added.
  • Vivek Ranadive, the primary investor in Sacramento's bid, wouldn't say whether his group will match that $30MM deposit or the $341MM total that Hansen's group agreed to pay, Aldridge also reports (Twitter link).
  • Nonetheless, when asked whether the Sacramento side needs to improve its offer, Stern said, "That is not one of the issues," tweets Cowbell Kingdom's James Ham.
  • The Sacramento group was "extremely loose and confident" after their presentation, according to Brian Mahoney of The Associated Press (Twitter link).

4:55pm: Following their presentation to the committee of NBA owners, Sacramento mayor Kevin Johnson, prospective lead partner Vivek Ranadive, and Senator Darrell Steinberg spoke to the media about the meeting. Here are a few highlights, via TNT's David Aldridge, Ken Berger of CBSSports.com, and Jeff Zillgitt of USA Today (all Twitter links):

  • The owners were "very open-minded" about Sacramento's presentation, according to Johnson.
  • The Sacramento pitch promoted the market, the arena deal, and the potential ownership group, along with the strength of the fans. Johnson believes the group made a "compelling" argument.
  • The Sacramento group described the atmosphere in the meeting as very positive, and felt that the questions from the NBA committee were all fair.
  • Senator Steinberg said the state of California is willing to do whatever it takes to ensure there aren't any unnecessary delays in the arena construction.
  • Ranadive on the Sacramento bid: "We feel like our offer is very, very good. I think all our stakeholders were pleased with the offer we made."
  • Johnson noted that George Maloof was in the room for the presentation, and told reporters that the Sacramento group was happy to share its story for the Maloofs.

2:54pm: Sacramento's and Seattle's investment groups are each meeting with a committe of 12 NBA owners today, making their cases for why their respective markets make the most sense for the Kings franchise. Chris Hansen's Seattle group has already completed its presentation to the committee, with the Sacramento group currently making its pitch. We'll round up the highlights from the Sacramento meeting when it finishes, but in the meantime, here are a few tidbits from Seattle's meeting, via Twitter:

  • Although King County executive Dow Constantine and Seattle mayor Mike McGinn were in Seattle's presentation to the NBA, it was Hansen that led the meeting on the group's behalf.
  • George, Gavin, and Phil Maloof were also in the meeting, with George expressing that the family wants to move forward on its deal with the Seattle group.
  • During the presentation, Hansen stressed Seattle's appeal as a "marketplace and destination for the NBA.
  • Mayor McGinn called the meeting "very positive" and said there's still strong political support to bring the NBA back to Seattle, which was a question raised by the NBA committee.
  • The Seattle group repeatedly suggested that the "pieces are in place" for an NBA franchise.
  • The committee asked the Seattle group about environmental studies and lawsuits that could delay the process, but were given assurances that those wouldn't be an issue.

Odds & Ends: Draft, Carlesimo, Kings, Mbakwe

One general manager of a playoff-bound team tells Sam Amico of FOX Sports Ohio that he's happy his team won't have to deal with the draft lottery this season. While the GM stopped short of calling the 2013 draft class weak, he suggested that there won't be many immediate-impact guys, but that there could be some value picks later in the first round.

"This is the perfect draft for that type of situation — guys drafted later who go to good organizations and surprise," the GM said. "It always seem to happen whenever there’s a so-called 'bad' draft. That’s because the talent level among prospects seems to be very similar. No one’s really separated themselves."

Here are a few more Wednesday odds and ends from around the Association:

  • P.J. Carlesimo and the Nets have yet to discuss a contract extension for the interim head coach, which is okay with Carlesimo, as he tells Stefan Bondy of the New York Daily News. "The impression from Day 1 is that when the year is over, we’ll sit down and talk," Carlesimo said. "There was no expectation (for me) given."
  • Scott Howard-Cooper of NBA.com presents a primer on the current status of the battle between Sacramento and Seattle for the Kings. The two investments groups vying for the franchise are currently in the process of making their presentations to the NBA.
  • Former New York Jets GM Mike Tannenbaum has joined Mark Bartelstein's Priority Sports & Entertainment agency. Tannenbaum will head the agency's new Coaches, Front Office & Broadcasters division, and will oversee contract negotiations for college and professional basketball and football coaches (Twitter links via Jeff Zilgitt of USA Today).
  • Lang Greene of HoopsWorld takes a look at some teams still owing significant money to players who are on the decline.
  • Minnesota senior Trevor Mbakwe has signed with agent Andy Miller of ASM Sports, according to Darren Wolfson of 1500 ESPN Twin Cities (via Twitter).