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Kings/Seattle Rumors: Tuesday

January 22nd, 2013 at 10:41pm CST by Luke Adams

The Maloof family reached an agreement over the weekend to sell the Kings to the Seattle investment group led by Chris Hansen and Steve Ballmer, a deal confirmed yesterday by all involved parties. However, even with the agreement in place, the sale is far from finalized. Here are Tuesday's rumors related to Sacramento, Seattle, and the future of the Kings, with any new updates added to the top of the page throughout the day:

  • Ron Burkle and Mark Mastrov, the "heavy hitters" among the five investors rumored to be interested in heading up a bid for the Kings, are considering teaming up, USA Today's Sam Amick reports.

Earlier updates:

  • The NBA board of governors meeting, in which Sacramento's group is expected to make its formal pitch to keep the Kings in town, is scheduled for April 18th and 19th, tweets Scott Howard-Cooper of NBA.com.
  • Johnson has already added a 20th local investor willing to pledge $1MM to the group of 19 he unveiled today, reports Ryan Lillis of the Sacramento Bee (Twitter link).
  • Sacramento mayor Kevin Johnson confirmed last night that an announcement is coming this afternoon regarding efforts to put together a local ownership bid, tweets Bryan May of News10 in Sacramento.
  • Sports-law expert Michael McCann tells the Sacramento Bee that he doesn't think the Kings' potential move to Seattle is a slam-dunk, but "the odds are highly in favor of the move."
  • California politician Darrell Steinberg has sent a letter to the California Department of General Services outlining his concerns about Ballmer's involvement in the purchase and relocation of the Kings, as Sam Amick of USA Today details.
  • While Adrian Wojnarowski of Yahoo! Sports reported yesterday that the Seattle group would target Spurs GM R.C. Buford to run the team's front office, a source tells Mike Monroe of the San Antonio Express-News that Buford isn't going anywhere. TNT's David Aldridge also hears that Buford has no interest in leaving San Antonio (Twitter link).
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Kings/Seattle Rumors: Monday

January 21st, 2013 at 4:45pm CST by Luke Adams

The possibility of the Sacramento Kings moving to Seattle appears to have taken a big step forward, as news broke last night that the Maloofs have reached an agreement to sell the franchise to the Seattle group led by Chris Hansen and Steve Ballmer. According to various reports, the Seattle group will buy 65% of the franchise for about $340MM, with the total valuation of the team at $525MM. Sacramento and mayor Kevin Johnson will still receive an opportunity to present a counter-offer to the NBA Board of Governors, but it sounds as if it may be a long shot. Here are the latest details on the team's potential sale and move:

  • Hansen and the Seattle Center are already working toward preparing the KeyArena for the fall, tweets Chris Daniels of KING 5 TV in Seattle.
  • According to Matt Steinmetz of CSNBayArea.com (via Twitter), the Maloofs approached Larry Ellison about the $525MM price, but Ellison wasn't interested. Ellison was involved in the bidding when the Warriors were sold, and reportedly inquired about buying the Grizzlies as well.

Earlier updates:

  • Hansen and the Maloof family have each released official statements confirming the agreement between the two sides. Jason Jones of the Sacramento Bee shares Hansen's statement and the Maloofs' statement via Sulia.
  • The NBA confirmed this morning that it has received an "executed purchase and sale agreement" for the transfer of the Kings' controlling interest. The statement reads: "The proposed transaction is subject to the approval of the NBA Board of Governors and has been referred to the Board's committee process for review" (link via Sam Amick of USA Today).
  • The relocation committee has been briefed several times on the possible move to Seattle, and is fully behind it, according to Adrian Wojnarowski of Yahoo! Sports. An official announcement detailing the agreement is expected to happen this week.
  • Wojnarowski also reports that the Seattle group is already targeting candidates to run the team's front office, including the Spurs' R.C. Buford and former Pacers president Larry Bird. With Hansen's group expected to overhaul the front office, current Kings president Geoff Petrie will likely retire at season's end, says Wojnarowski. Peter Vecsey also throws Phil Jackson into the mix as a possible candidate to run Seattle's basketball operations (Twitter link).
  • While the Hansen/Ballmer group has agreed to buy just 65% of the franchise initially, the group would like to buy out the remaining 35% in the near future, reports TNT's David Aldridge on NBA.com. According to Aldridge, the final agreement was signed by the Maloofs and Hansen late Saturday night.
  • Given the transition in ownership, the Kings aren't expected to be active at this season's trade deadline, but could make "major changes" in the summer, tweets Sam Amico of FOX Sports Ohio.
  • In an Insider-only FAQ for ESPN.com, Kevin Pelton rounds up the key details on the potential sale of the Kings.
  • ESPN.com's latest 5-on-5 discussion focuses on the Maloofs' agreement with the Seattle group.
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Odds & Ends: Prigioni, Hawks, Kupchak, Bonner

January 20th, 2013 at 1:03pm CST by Chuck Myron

Here's news from around the league on a busy Sunday, with one month and a day to go before the trade deadline:

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Western Notes: Grizzlies, Baynes, Sloan, Lakers

January 18th, 2013 at 10:27am CST by Luke Adams

A year ago, fans voted Chris Paul, Kobe Bryant, Kevin Durant, Blake Griffin, and Andrew Bynum to be the Western Conference's starting lineup for the All-Star Game. This season, fan voting produced nearly the same result, with four of the same five guys returning as All-Star starters. The only difference? One Lakers center replaces another, as Dwight Howard, rather than Bynum, will start for the West.

Here are a few more notes from around the conference:

  • Zach Randolph and the Grizzlies are still adjusting to the new ownership group in Memphis, as Randolph tells Ronald Tillery of the Memphis Commercial Appeal: "It was definitely (former owner Michael) Heisley's plan to keep us all together and make a run for the championship. So when you come in with something different, of course, it kind of bothers you."
  • Australian big man Aron Baynes is on his way to San Antonio to take a physical and begin completing his paperwork with the Spurs, tweets David Pick of Eurobasket.com and Sportando. We heard earlier this month that the Spurs were working to sign Baynes.
  • The Hornets don't plan to sign Donald Sloan to another 10-day contract at this point, tweets Jimmy Smith of the New Orleans Times-Picayune. Sloan's first 10-day deal expired Wednesday at midnight.
  • Sam Amico of FOX Sports Ohio (Twitter link) believes Kyle Korver makes sense as a trade target for the Lakers.
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Berger On NBPA, Mavs, Grizzlies, Oden, Young

January 17th, 2013 at 11:15am CST by Luke Adams

It's been months since Derek Fisher, Billy Hunter, and the NBPA were making headlines, but the law firm hired to look into how the Players' Association has spent its money and conducted its business is nearly ready to release the results, reports Ken Berger of CBSSports.com. While it's not clear exactly what the report will reveal, several players believe the union needs a change in leadership, and are hoping Hunter will step down from his post even if the report exonerates him of any wrongdoing, according to Berger.

The latest edition of Berger's "Postups" column also features some trade rumblings, so let's round those up….

  • Mark Cuban's declaration this week that the "Bank of Cuban" is open was met with indifference by some rival executives, who don't see many attractive assets on the Mavericks besides Dirk Nowitzki. "I don't think anybody is in a hurry to get [Chris] Kaman or [Elton] Brand and all that stuff," a rival executive said. "Unless he's trying to take a contract that's loaded."
  • Since Grizzlies CEO Jason Levien is determined to make a good basketball trade rather than just dumping salary, there's a growing sense that Memphis will hang on to Rudy Gay and others, and deal with the team's cap and tax issues over the summer. I suggested as much when I looked at the Grizzlies' cap situation earlier this week.
  • While Greg Oden doesn't expect to return to action until next season, he hopes to sign with an NBA team in the next month to get into a training and conditioning program with a club. The Celtics are monitoring Oden's progress, and Jeff Goodman of CBSSports.com reports that the Spurs and Cavaliers have also expressed interest.
  • Berger suggests that Nick Young is worth keeping an eye on as the trade deadline approaches, since his expiring contract could be valuable for a team in need of a scorer. The Sixers are currently four games out of a playoff spot — if they fall any further back, it definitely wouldn't surprise me to see them consider selling off pieces like Young.
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Kyler’s Latest: Kings, Gasol, Magic, Bucks, Jazz

January 15th, 2013 at 10:19am CST by Luke Adams

Steve Kyler's latest piece for HoopsWorld is packed full of updates on players who could be on the move before this season's trade deadline. Kyler covers plenty of ground in his column, so let's dive right in and round up the highlights….

  • The Kings' uncertain ownership situation may result in a quiet trade deadline in Sacramento. While the situation could change between now and February 21st, Kyler says that for now the team appears "frozen in terms of making deals."
  • Kyler suggests it's possible the Grizzlies will explore ways of getting below the luxury tax line that don't involve trading a big contract like Rudy Gay's.
  • The Lakers aren't engaged in any trade talks involving Pau Gasol, and may not seriously explore a Gasol deal unless they fall out of the playoff hunt by the deadline.
  • While J.J. Redick is drawing plenty of interest, rival teams have also called the Magic about Arron Afflalo and Jameer Nelson. If Orlando makes a move, the club would like to include Glen Davis or Hedo Turkoglu to shed some long-term salary.
  • Pointing to Andrew Bogut as an example of an injured player who was dealt last season, Kyler warns not to rule out Anderson Varejao as a trade candidate.
  • The Bucks are much more inclined to move players like Beno Udrih, Drew Gooden, and Samuel Dalembert than Monta Ellis or Brandon Jennings, but those secondary pieces aren't drawing much interest.
  • Al Jefferson seems more likely than Paul Millsap to re-sign with the Jazz this summer, though clubs have been in touch with the Jazz about both players.
  • The Spurs "will be dealing" DeJuan Blair before the deadline, according to Kyler.
  • Derrick Williams appears unlikely to be moved by the Timberwolves while Kevin Love remains sidelined with his broken hand.
  • Several teams have been calling the Suns to inquire on Marcin Gortat. The Rockets are one team believed to have interest.
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D-League Moves: Beverley, Wroten, Jones, Joseph

January 14th, 2013 at 4:55pm CST by Luke Adams

Here are Monday's D-League assignments and recalls, with the latest moves added to the top of the page throughout the day:

  • After Jeremy Lin sprained his ankle at practice today, the Rockets will recall the recently-signed Patrick Beverley from the D-League, tweets Jonathan Feigen of the Houston Chronicle. Since joining the Rio Grande Valley Vipers, Beverley has averaged 13.7 PPG, 7.0 APG, and 6.7 RPG in three contests.
  • After a brief stint with the Reno Bighorns, Tony Wroten has been recalled from the D-League by the Grizzlies, according to Ronald Tillery of the Memphis Commercial Appeal (via Twitter). Quincy Pondexter is out with a knee injury, and Rudy Gay will miss tonight's game while attending his grandmother's funeral, so Wroten will provide some extra depth for Memphis.
  • Terrence Jones has been recalled from the D-League by the Rockets, tweets Feigen. Jones, 2012's 18th overall pick, had been on his third D-League assignment with the Rio Grande Valley Vipers, having averaged 19.2 PPG and 11.0 RPG in nine contests for the club this season.
  • The Spurs have recalled Cory Joseph from their D-League affiliate, the team announced today in a press release. Joseph was assigned to the Austin Toros back on December 17th for the third time this season. In 14 games with the Toros, Joseph has averaged 20.7 PPG and shot 44.2% from three-point range.
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Greg Oden Rumors: Friday

January 11th, 2013 at 8:13pm CST by Luke Adams

8:13pm: Sam Amico of Fox Sports Ohio reports that several other teams in addition to the Mavericks are interested in possibly signing Oden. The Cavs, Hawks, and Grizzlies are rumored to have already conducted workouts with Oden, while the Bucks, Bulls, Spurs, and Warriors are also said to have interest.

3:15pm: When we heard yesterday that Greg Oden was aiming to return to the NBA for the 2013/14 season, the Heat were the only one of the big man's potential suitors identified. We can add another club to that list, as Tim MacMahon of ESPNDallas.com reports the Mavericks have been in touch with agent Mike Conley Sr. to inquire on Oden.

Oden, who is taking classes at Ohio State, continues to recover from his third microfracture surgery, and isn't expected to be ready to return to action until the fall. However, yesterday's report suggested that there may be teams interested in signing the former first overall pick to a multiyear deal this season, to allow him to rehab under an NBA club's supervision. The Mavs could make a strong case to Oden, writes MacMahon, though he's unsure what sort of financial commitment the team would be willing to make to the oft-injured seven-footer.

As we heard this morning, Conley hinted that the Heat aren't necessarily the frontrunners for his client, and didn't rule out any clubs except for the Trail Blazers.

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Latest On Trade Candidates From Reno

January 11th, 2013 at 7:40pm CST by Sean Highkin

Marc Stein of ESPN.com attended the NBA D-League Showcase in Reno, Nevada this week, where many NBA GMs and executives were present. He posted a roundup of trade-related chatter he heard during the event:

  • The Raptors are making the hardest push for Rudy Gay, offering the Grizzlies a package that includes Jose Calderon and Ed Davis. Memphis is still undecided as to whether they will move Gay.
  • There is a growing sense from front offices around the league that the Lakers will not ultimately trade Pau Gasol this season.
  • Teams have continued to ask the Kings about DeMarcus Cousins, and were told that he is not available.
  • A source told Stein that it is highly unlikely the Bucks will move Brandon Jennings before the end of the season.
  • The Jazz are more likely to trade Al Jefferson than Paul Millsap, even though both are free agents this summer.
  • The Hornets are not expected to trade Eric Gordon, despite previous rumors that he may be available.
  • Despite his recent statement that he intends on staying retired, the Nets are still making a hard push to convince Phil Jackson to be their next head coach.
  • Stein lists several players as having been made known to be available by their teams, including the Raptors' Andrea Bargnani, the Spurs' DeJuan Blair, the Cavs' Omri Casspi, the Rockets' Cole Aldrich, and the Bucks' Drew Gooden, Samuel Dalembert, and Beno Udrih.
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Odds & Ends: Millsap, Blair, Pistons, Cavs

January 9th, 2013 at 4:48pm CST by Luke Adams

As we wait to hear the next development in the Sacramento Kings/Seattle investment group story, let's check in on a few other odds and ends from around the NBA….

  • It's a transition year for Paul Millsap, who has been the subject of trade rumors and faces unrestricted free agency in July. As he tells Ian Thomsen of SI.com, Millsap hopes to stay put, but will understand if the Jazz trade him next month: "At least somebody wants you, so you can't really be hurt about that. I don't have a problem with change if that's the case. I feel like I'm a guy that can adjust to whatever situation is thrown in front of him. For me, I hope it's here [in Utah]. But if not, you know, I've got to go.''
  • Alex Kennedy of HoopsWorld suggests the Spurs may lower their asking price in DeJuan Blair trade talks now that the club appears close to signing big man Aron Baynes.
  • The Pistons might not make a major move before the trade deadline, but they have more assets of value than expected, says David Mayo of MLive.com.
  • Grantland's Zach Lowe examines how Anderson Varejao's leg surgery will affect the Cavaliers, and what the team's roster-building strategy may look like going forward.
  • Rockets GM Daryl Morey views his team's roster as "stable" and doesn't expect to add anyone he sees at the D-League showcase in Reno, but he's in attendance anyway, as Alex Raskin of HoopsWorld writes.
  • There's no quick fix out there for the Kings, who are more than just one or two moves away from contending, opines Brian Blomster of the Sacramento Bee.
  • Mike James doesn't figure to be a difference-maker for the Mavericks, but the team is hoping he can offer what Derek Fisher was supposed to, according to Eddie Sefko of the Dallas Morning News.
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