City of Seattle Rumors | Hoops Rumors

And-Ones: Buyout Market, Epps, Stephenson, Ujiri, Ham

April 3rd, 2021 at 1:16pm CST by Dana Gauruder

When the NBA and NBA Players’ Association hold CBA renewal talks, the league plans to consider bringing up buyout reform as part of a broader discussion, according to ESPN’s Adrian Wojnarowski. Some team executives have complained about the plethora of veteran players getting buyouts and joining playoff contenders.

Commissioner Adam Silver‘s office doesn’t see it as an issue of fairness between big and small markets, but rather a process that is contradictory to the financial system’s goals. In the league’s view, teams with big payrolls are adding an impact player without a dramatic impact on their luxury tax penalties, since those salaries after clearing waivers are usually prorated minimums.

The NBA would also like to find a way to make players who have been bought out available to more teams than just the contenders.

We have more from around the basketball world:

Aaron Epps has signed in Israel with Elitzur Eito Ashkelon, sources told Hoops Rumors’ JD Shaw (Twitter link). Epps holds G League experience with the Northern Arizona Suns and Canton Charge, most recently playing with Canton in the bubble.
Veteran NBA swingman Lance Stephenson is hopeful of playing in the league again, David Aldridge of The Athletic tweets. He has been working out in New York for the last few weeks, in case a suitor comes calling. The 30-year-old last played in the NBA with the Lakers in 2019.
There’s some speculation around the league that Raptors president of basketball operations Masai Ujiri may eventually wind up in Seattle if the league approves a new franchise, according to Marc Stein of the New York Times. The group heading expansion efforts in Seattle includes longtime sports executive Tim Leiweke, who hired Ujiri as Toronto’s executive vice president and GM in 2013.
Texas Tech has received permission to interview Bucks assistant Darvin Ham for its head coaching vacancy, Wojnarowski tweets. Ham led the school to the Sweet 16 in 1996 and played in the NBA from ’96 to 2005.

Latest On Potential Timberwolves Sale

March 5th, 2021 at 8:52am CST by Luke Adams

Longtime NBA star Kevin Garnett expressed interest last summer in bidding on his former team, the Timberwolves, as part of a prospective ownership group, but Garnett said in an Instagram story on Thursday that he’s no longer in the running to buy the franchise.

“Sooo just got the news that this process in trying to acquire the TWOLVES IS OVER for me n my group,” Garnett wrote, adding that he plans to “focus on other places” such as Seattle and Las Vegas. “Thx Glen for being yourself n what I kno you to be!!!”

Garnett’s comments – including renewed criticism of current Wolves owner Glen Taylor, with whom KG has feuded in the past – suggested that perhaps the franchise is paring down its list of potential suitors and informed Garnett’s group that it’s no longer a candidate.

However, Taylor told Jon Krawczynski of The Athletic and other reporters that neither he nor his representatives received any offer from Garnett and that he wasn’t sure what prompted KG’s public announcement.

“Kevin never contacted me at all saying that he was interested,” Taylor said. “Nor was his name listed on any of the buying groups that asked for financial information to review.”

According to Krawczysnki, Taylor was always open to considering a bid from Garnett or a group representing the Hall-of-Famer, but there was some skepticism about KG’s ability to put together the money necessary to make a competitive offer — Forbes’ latest franchise valuations projected the Wolves’ worth to be $1.4 billion.

Taylor said that he has received inquiries from at least 10 groups or families, per Krawczynski and Darren Wolfson of 5 Eyewitness News (Twitter link). The Wolves’ owner also informed Chris Hine of The Star Tribune that he spoke to four former NBA players who expressed interest in the team and asked if they were affiliated with Garnett — they all said no.

“If he would’ve called or had been a person who wanted some help, I would’ve tried to help him like anybody else,” Taylor said of Garnett.

Taylor told Wolfson that some of the interested parties are completing their due diligence, suggesting the sale process could gain momentum soon. However, Krawczynski believes “the betting money” is on Taylor retaining control of the franchise for the foreseeable future, since the ongoing effects of the coronavirus pandemic, the Wolves’ on-court struggles, and Taylor’s insistence that the club remain in Minnesota are all factors working against a bidding war.

“The process has taken longer than anticipated just because we’re not sure when we’re going to have attendance at the games,” Taylor said, per Hine. “And so that’s a hard thing to kind of figure in there, the value or lack of value. Probably the only thing that’s holding it up. I still have interest.”

Multiple reports in the last seven months have indicated that former Grizzlies minority owner Daniel Straus has gotten furthest down the road in negotiations with Taylor. Those talks seem to have hit a standstill though, and aren’t going anywhere at the moment, sources tell Krawczynski.

L.A. Notes: Davis, Vogel, Zubac, Ballmer

February 13th, 2021 at 5:06pm CST by Arthur Hill

Anthony Davis missed two games this week because of Achilles tendinosis, but the Lakers star doesn’t expect it to be a long-term concern, writes Jovah Buha of The Athletic. After returning to the lineup with a 35-point performance Friday, Davis explained to reporters how the injury is affecting him.

“It felt great going into the game,” he said. “But as you play, I’m always using that Achilles tendon. It got sore towards the end from just constantly moving on it. But it felt great coming into the game, felt great throughout the game, but late game it was kind of bothering me a little bit. I felt like we had the game in hand when I was able to — and Coach felt that way — when I was able to sit down the last two and a half (minutes).”

Davis added that doctors told him the pain isn’t coming directly from the Achilles tendon, but from an adjacent body part in the same area of the leg. He said the quickest way to recover is through rest, but he doesn’t want to sit out a lot of games in a row.

“The doctors and training staff feel comfortable enough for me to go out there and perform as well,” Davis said. “So it’s something that’s gonna continue to get better. (I’m) constantly doing treatment on it throughout the day, throughout the night, and wearing stuff in my shoes to help out the pain level and wearing tape and all these things to make it feel better throughout the course of time, and basically, I’m very — I’m able to just go out there and play and not worry about it.”

There’s more from Los Angeles:

After trimming his rotation during the week, Lakers coach Frank Vogel expanded it to 10 players Friday with the return of Davis and Alex Caruso, Buha adds in the same story. Vogel called it “impossible decisions” to determine what to do with Wesley Matthews and Markieff Morris when the full team is healthy, noting that both of them “deserve to be in the rotation.”
The Clippers lost Sixth Man of the Year Montrezl Harrell, but their bench remains among the most productive in the league, according to Mirjam Swanson of The Orange County Register. One of the new components is center Ivica Zubac, who was a starter last season. “I am just in a space where I want Zu to be great,” said reserve guard Lou Williams. “I want to push him, I want to challenge him to be the best player that he can be and at the same time, we can feed off each other’s success and continue to build.”
Seattle will be at the top of the list whenever the NBA decides to expand, Clippers owner Steve Ballmer said on a Clubhouse podcast.

Kansas City, Las Vegas May Battle For Expansion Team

January 17th, 2021 at 11:58am CST by Arthur Hill

Seattle is considered a lock whenever the NBA decides to expand, and Kansas City and Las Vegas could be fighting for the other new franchise, according to Jabari Young of CNBC. Young breaks down the assets that each city could offer and notes that finding billionaires to finance the bids will be crucial.

Commissioner Adam Silver discussed the possibility of expansion at a press conference in December, but said it’s “not on the front burner.” The NBA isn’t expected to consider adding teams until after the 2021/22 season at the earliest.

Former Grizzlies president Andy Dolich, who helped move the team from Vancouver to Memphis, believes the league will try to create a “horse race” among cities leading up to expansion. He says the components the NBA is looking for can be described as A-B-C-D.

“The A is avidity: the market you’re picking has to be an avid sports market,” Dolich said. “The B is simple: Who is your billionaire? If you don’t have your billionaire, you don’t have anything. The C is the community: the elected officials, the leading businesses who are going to support you and the fan base. The D (destination) is where are you playing? The NBA is not playing in yesterday’s arena. Those are the four key parts.”

As the former home of the Kings, Kansas City already has an NBA history, Young notes, and Mayor Quinton Lucas gained the league’s attention when he offered to serve as a temporary location for the Raptors. The 19,000-seat T-Mobile Center is already in place to house an expansion franchise, but there’s no obvious person to bid for the team.

“I just don’t know who would be the owner, at least locally,” said Kathy Nelson, CEO of the Kansas City Sports Commission. “Financially, what does that ownership team look like? That’s the billionaire-dollar question. It’s not a million dollar. It’s a billion dollars.”

Chiefs quarterback Patrick Mahomes is a minority owner of baseball’s Kansas City Royals and may be willing to get involved with an NBA team. Nelson’s committee has identified other potential investors, but no one has been pegged as a majority stakeholder.

That’s also a concern with Las Vegas, Young adds. The city already has a WNBA franchise and an established relationship with the NBA as host of the Summer League. There’s a 20,000-seat arena that serves as the home of the NHL’s Golden Knights.

However, there are concerns about Las Vegas because so much of the city’s economy depends on tourism. That has taken a hit due to COVID-19, and the NBA isn’t sure if a franchise can survive there if the tourism decline drags on.

“It just reinforces the importance of the ownership,” said Patrick Rishe, sports business director at Washington University in St. Louis. “You’re going to need a very strong ownership group. The market that has the most financially viable ownership group, that will trump any other consideration.”

And-Ones: G League, Trier, Ross, Expansion, 2021 Draft

January 8th, 2021 at 3:50pm CST by Luke Adams

Many G League hopefuls – including a number of NBA veterans – are eligible to be selected in the NBAGL’s 2021 draft, which will take place on Monday. But competition for those draft slots figures to be fierce.

Since the majority of NBAGL roster spots are occupied by affiliate players and returning-rights players, teams often don’t make full use of the draft anyway. In a typical year, the G League draft is four rounds and teams are only required to make two selections. As G League expert Adam Johnson points out (in a Twitter thread), this year’s draft will last just three rounds and teams won’t be required to make any picks.

Roster spots will also be at a premium for a couple more reasons — 11 NBA teams’ affiliates aren’t participating in the G League bubble, and rosters won’t be expanded for training camp, as a coronavirus precaution. Johnson suggests he wouldn’t be surprised if only about 20 or so players are selected in Monday’s draft.

Here are more odds and ends from around the basketball world:

Former Knicks guard Allonzo Trier will be among the players vying to be picked in Monday’s G League draft, according to Shams Charania of The Athletic, who reports (via Twitter) that Trier is signing an NBAGL contract.
Magic swingman Terrence Ross has signed with Klutch Sports CEO Rich Paul for representation, says Charania (Twitter link). Klutch also added Calvin Andrews as a senior agent directing basketball operations, per Charania, who notes that Andrews’ client list includes Magic forward Aaron Gordon and Timberwolves wing Josh Okogie.
A high-ranking team executive who spoke to David Aldridge of The Athletic said the NBA is unlikely to seriously consider expansion before the end of the 2021/22 season. However, Aldridge notes that Seattle is at the top of the league’s list. Seattle Mayor Jenny Durkan said this week that she’s “pretty optimistic” about the city’s chances of getting a team in the coming years.
In an Insider-only article for ESPN.com, draft gurus Jonathan Givony and Mike Schmitz examine how NBA evaluators are approaching this year’s class, take a closer look at some underperforming Kentucky prospects, and consider how a single-site NCAA tournament will impact NBA scouting.

Seattle Mayor “Pretty Optimistic” About Eventual Return Of NBA

January 8th, 2021 at 8:51am CST by Luke Adams

Following a recent conversation with league commissioner Adam Silver, Seattle Mayor Jenny Durkan is feeling “pretty optimistic” about the eventual return of the NBA to her city, she tells Chris Daniels of KING 5. According to Durkan, her phone conversation with Silver occurred just before Christmas, shortly after the commissioner discussed the possibility of expansion during a press conference.

“It is very good news for the city of Seattle that they are thinking of an expansion team,” Durkan said. “And I was honest with him. He knows Seattle wants to be at the front of the line. We’re where the team should be. But we will be respecting them as they move forward to their ownership because the (owners), you know, (have) to approve it.”

ESPN’s Brian Windhorst, who recently reported that some NBA officials have floated the idea of a potential $2.5 billion expansion fee, says that league officials have also stressed the fact that expansion is still likely years away, if it happens at all.

However, Seattle is an intriguing option for the NBA for several reasons. The city is set to open a newly-renovated arena, Climate Pledge Arena, which will be the home of the Kraken, Seattle’s NHL expansion team. There are also multiple deep-pocketed bidders in the city who have expressed interest in being part of an NBA ownership group, including Kraken majority owner David Bonderman and Seattle native Chris Hansen, Windhorst notes.

Of course, the NBA’s history in Seattle is also a factor — the SuperSonics were part of the league for over four decades until the franchise moved to Oklahoma City in 2008. Bringing the Sonics back to Seattle would go a long way toward healing old wounds in the Pacific Northwest.

Over the years, Silver has downplayed the possibility of expansion. Even last month, he said the concept wasn’t on “the front burner” for the league. However, many team owners are facing new financial challenges due to the coronavirus pandemic, which could increase their interest in the hefty expansion fee that would accompany a new franchise or two. Durkan told Daniels that she believes those financial considerations could help open the door for Seattle.

“I think it’s real,” she said. “But I think again, the commissioner is going to, you know, consult the ownership, and the ownership for the first time itself is being very public that they think it is probably a good idea for basketball. Part of that is the COVID economics. Part of it is the economics of sports.

“But look, there’s no city that I think is better positioned to be successful. We’re going to have the best arena in the country. I’m not just saying that when people walk in that building, they will be amazed. We are a city that even with COVID, when we come out of COVID, we have so much upside here.”

League Officials Have Floated Possible $2.5 Billion Expansion Fee

January 5th, 2021 at 2:13pm CST by Luke Adams

NBA commissioner Adam Silver said in his preseason press conference last month that the league has become more open to the idea of expanding beyond its current 30 teams. While Silver cautioned that expansion isn’t “on the front burner,” a report on Tuesday from ESPN’s Brian Windhorst suggests there have been some discussions about the concept in the league office.

According to Windhorst, officials have “floated” a price tag of $2.5 billion as a potential expansion fee for two new teams in the near future.

Expansion fees – which are paid by the incoming franchises – are split equally by the NBA’s current teams and aren’t shared with players. That means two new franchises paying $2.5 billion apiece could result in a $160MM+ windfall for each of the league’s 30 existing clubs, Windhorst notes.

It’s not clear whether that $2.5 billion projection is a realistic one, but the NBA “knows its business and its bidders,” according to Windhorst, who points out that multiple groups based in cities like Seattle and Las Vegas could have interest in establishing a new NBA franchise and could be motivated to meet the league’s asking price in an expansion scenario.

With a number of current teams accumulating debt during the coronavirus pandemic, interest in the idea of expansion has increased, Windhorst writes.

Still, team owners looking to make up for lost short-term revenue should be wary of pushing to do so via an expansion fee. As Mavericks owner Mark Cuban and others have pointed out, that expansion fee is essentially a loan that will be repaid over the years via revenue sharing if teams are receiving 1/32nd of the league-wide pie instead of 1/30th.

And-Ones: Morris Twins, Expansion, J. Grant, Hampton

November 5th, 2020 at 5:00pm CST by Luke Adams

Almost exactly a year ago, the Morris twins – Marcus Morris and Markieff Morris – changed agencies, signing with Roc Nation Sports for representation. However, with the two veteran forwards on the verge of free agency, Roc Nation won’t be the agency repping them this fall.

According to ESPN’s Adrian Wojnarowski (via Twitter), the Morris twins have signed with agent Chafie Fields of Wasserman for representation. Fields is one of a small handful of agents who represents both NFL and NBA clients.

It’s not necessarily the best offseason to be reaching free agency, as few teams around the NBA will have cap room available, but the Morris twins should do pretty well on the open market. Marcus is coming off a productive season with the Knicks and Clippers, while Markieff played a role in helping the Lakers win a title last month.

Here are more odds and ends from around the basketball world:

One sports business expert who spoke to Jabari Young of CNBC predicted that the NBA may revisit the idea of expansion in the coming years in an effort to offset the financial losses caused by the coronavirus pandemic. “Seattle and Las Vegas are by far the two most likely markets for various reasons,” said Patrick Rishe, the director of the sports business program at Washington University in St. Louis. “Today, if it was two teams, you’re talking over $1 billion that would be shared, and those two new expansion teams will not get their share of media revenues at the beginning.”
Using his new metric BORD$, John Hollinger of The Athletic evaluated the values of this year’s free agent small forwards and power forwards. Unsurprisingly, Brandon Ingram and Anthony Davis grade out as the top forwards. Derrick Jones, Jabari Parker, Rondae Hollis-Jefferson are among the players rated highly by Hollinger’s formula, while Nuggets forward Jerami Grant is dubbed by Hollinger to be “probably the most overrated player” on this year’s free agent market.
In a conversation with Michael Scotto of HoopsHype, draft prospect RJ Hampton discussed spending last year in New Zealand, his preparation for the 2020 draft, and why he’s modeling his offensive game after Zach LaVine.

And-Ones: KG, Seattle, Free Agent Wings, Broekhoff

April 10th, 2020 at 9:26am CST by Luke Adams

Speaking this week to Tim Reynolds of The Associated Press, newly-elected Hall-of-Famer Kevin Garnett said he’d love to play a part in bringing the NBA back to the city of Seattle.

“If I have a dream, I would say that I would love to be able to go and buy the Seattle SuperSonics and reactivate the Seattle Northwest and get NBA loving back going into that area,” Garnett told Reynolds. “I think it’s needed and it’s essential. Seattle was huge to our league. Not just Portland, but the whole northwest. I would love to be able to do that.”

Although Garnett earned nearly $344MM over the course of his 21-year NBA career, per Basketball-Reference, it’s not clear that he has the net worth required to be the majority owner of an NBA franchise.

Still, if the league eventually becomes open to the idea of an expansion team in Seattle, it’s not inconceivable that Garnett could get involved in an ownership group. Dwyane Wade has previously expressed a desire to get involved in such an endeavor as well.

Here are more odds and ends from around the basketball world:

In the first part of his breakdown of 2020’s free agent market for wings, Danny Leroux of The Athletic says Brandon Ingram is the most obvious candidate for a max-level deal, while Danilo Gallinari, Marcus Morris, Evan Fournier, Bogdan Bogdanovic, and Malik Beasley are among the players who should be able to sign for more than the full mid-level.
Eric Pincus of Bleacher Report examines the most pressing salary cap issue facing each of the NBA’s 30 teams during the 2020 offseason.
Following a report from Sport5 (hat tip to Sportando) suggesting that Maccabi Tel Aviv may have interest in former Mavericks sharpshooter Ryan Broekhoff, the EuroLeague club responded by shooting down the idea that it’s already targeting players for next season amidst the COVID-19 uncertainty. “It was published today that Maccabi Fox Tel Aviv is ‘working on the next season’ and ‘targeting/interested’ in players,” the team said in a tweet. “We are clarifying here that this is false. The club doesn’t do that nowadays.”

Community Shootaround: Bring Back The SuperSonics?

September 7th, 2019 at 9:04pm CST by Arthur Hill

Jack Sikma dedicated part of his Hall of Fame induction speech Friday night to campaigning for a return of the SuperSonics. Sikma was one of Seattle’s most recognizable players and part of its only NBA championship team in 1979. His number 43 is among seven that have been retired by the franchise.

“To all the diehard Sonic fans who proudly sport the green and gold … there’s a hole in Seattle that needs to be filled,” Sikma said in comments relayed by Anthony Olivieri of ESPN The Magazine. “Speaking for all Sonics fans, it’s our great hope that the NBA will soon find a pathway to bring a franchise back to Seattle. It’s time.”

The Sonics were a beloved part of the Pacific Northwest from their creation in 1967 until Clay Bennett moved them to Oklahoma City in 2008. Although it has since been broken, the team set a league attendance record by averaging 21,725 fans per night during the 1979/80 season.

Hope for a return was reignited by a new $900MM facility that will serve as home to Seattle’s expansion NHL team, which begins play in 2021. The building sits on the site of the former KeyArena, and fans in the area hope it will eventually house the Sonics as well.

Although Seattle has been rumored to be atop the NBA’s expansion list ever since the original team left, there’s no indication that the league plans to add teams any time soon. NBA commissioner Adam Silver has repeatedly thrown cold water on the idea.

“There’s no doubt there are a number of cities in the United States that could host NBA basketball, but we analogize it to selling equity,” he said in July. “I think we would want to make sure at the time we expanded we felt it would help grow the entire league and not just support the NBA in that particular city.”

What do you think? Does it make sense for the NBA to add another team or two right now? Or is it smarter to wait, regardless of the emotional attachment that many have to the Sonics?

Head to our comment section below to share your feedback.