Maloofs Have Given til 5PM Friday for Back Up Offer From Sac Group!!
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http://espn.go.com/nba/story/_/id/9...s-sacramento-investors-friday-deadline-report
This quote made me LOL
...at what point did the Maloofs begin talking with the Sacramento group?
This quote made me LOL
...at what point did the Maloofs begin talking with the Sacramento group?
A lot of people who pay attention to NBA in Kansas City root for the Thunder. I think its a rather weak market. Kansas is college basketball, not pro ball. Take a look at Indiana or North Carolina to see other heavyweight college basketball states who are weak on pro basketball.
I think under an expansion scenario the NBA has to take another look at Vancouver. People forget a large reason why the team left Vancouver was due to a weak Canadian currency. Canada's economy now is performing fantastic, there is so much money flowing throughout Western Canada at the moment, Vancouver is now one of the most expensive cities to live in the world. Support for the team was solid considering how poor of a product was put on the court up there. A team in Vancouver would expand the NBA into all of Western Canada, as people throughout Alberta & British Columbia would be tuning into watch them.
Not to mention Canada is beginning to enter the basketball golden age of producing NBA talent. Tristan Thompson, Andrew Nicholson, Robert Sacre, & Cory Joseph already in the league with Anthony Bennett, Kelly Olynyk and Andrew Wiggins on their way to being high lottery picks (plus Nik Staukus, Kevin Pangos, & Kyle Wiltjier also have an outside chance at the league in the coming years). Its good business for the league to be back in Vancouver.
I think under an expansion scenario the NBA has to take another look at Vancouver. People forget a large reason why the team left Vancouver was due to a weak Canadian currency. Canada's economy now is performing fantastic, there is so much money flowing throughout Western Canada at the moment, Vancouver is now one of the most expensive cities to live in the world. Support for the team was solid considering how poor of a product was put on the court up there. A team in Vancouver would expand the NBA into all of Western Canada, as people throughout Alberta & British Columbia would be tuning into watch them.
Not to mention Canada is beginning to enter the basketball golden age of producing NBA talent. Tristan Thompson, Andrew Nicholson, Robert Sacre, & Cory Joseph already in the league with Anthony Bennett, Kelly Olynyk and Andrew Wiggins on their way to being high lottery picks (plus Nik Staukus, Kevin Pangos, & Kyle Wiltjier also have an outside chance at the league in the coming years). Its good business for the league to be back in Vancouver.
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I really like that last paragraph.
"The Sacramento group tomorrow is expected to submit its final package to the NBA, as well as announce some new investors."
We should have a lot to talk about tomorrow, and we should probably hear something in the way of NEWS from the NBA over the weekend.
"The Sacramento group tomorrow is expected to submit its final package to the NBA, as well as announce some new investors."
We should have a lot to talk about tomorrow, and we should probably hear something in the way of NEWS from the NBA over the weekend.
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The idea that the 30M requested by Sacramento was the NBA's doing fits very well into the hypothesis that the NBA is seeking to backdoor the deal without setting up a precedence. Stern is always aware of the bigger picture and having owners decide the fate of who they can or cannot sell to is a slippery proposition. This way, the NBA keeps it hands clean and Hansen gets his 30M back through the NBA. In essence, the nonrefundable deposit was non-refundable, but since they did not get the team, the NBA will reimburse Hansen with a good faith refund of the deposit. Naturally, this is coming from the Sacramento group ponying up to pay Hansen. Bit of a roundabout way, but it's done to keep everything level.
Also, in this scenario, the Maloofs are not double dipping nor profiting above what they would have gotten from Hansen had the original purchase been agreed upon. If this does happen, then I will spew no vitriol against MSE for the ultimatum. The NBA may be pulling the strings here at this point. Also, it's just good business sense to get a binding agreement from the second offer before you deny the first offer. I hate the Maloofs, but a request for a binding back-up offer is prudent.
Also, in this scenario, the Maloofs are not double dipping nor profiting above what they would have gotten from Hansen had the original purchase been agreed upon. If this does happen, then I will spew no vitriol against MSE for the ultimatum. The NBA may be pulling the strings here at this point. Also, it's just good business sense to get a binding agreement from the second offer before you deny the first offer. I hate the Maloofs, but a request for a binding back-up offer is prudent.
After what we have gone through over the years, I would never wish this on any other fan base, regardless of the apparent lack of support they have for their team. The NBA could expand without a dilution of the talent pool IF they would look again at the cap situation and not allow any one team to corner the market on certain superstars. And, as I've mentioned before, I think the free agency issue needed to be looked at again. Lebron James ripped the heart out of a city and a franchise. I don't have an easy answer, but something needs to be done...
In another interesting development, Carmichael Dave will be staying at the Palms as the guests of the Maloof family when the RV is there and Dave stays to watch Urijah Faber fight. (GO URIJAH!) I asked Dave if this was a bit disingenuous considering the whole purpose of the RV tour is to defeat the Maloofs. After an exchange with Dave on Twiter (see the playingtowin tour thread), I understand where Dave is coming from. And, after pondering on it a bit more, I have to think this just might be another attempt by the Maloofs to untarnish their image somewhat.
As some folks on Twitter have said, Dave might as well go for it. In fact, one guy recommended that Dave hold out for a Penthouse Suite.
As some folks on Twitter have said, Dave might as well go for it. In fact, one guy recommended that Dave hold out for a Penthouse Suite.
In another interesting development, Carmichael Dave will be staying at the Palms as the guests of the Maloof family when the RV is there and Dave stays to watch Urijah Faber fight. (GO URIJAH!) I asked Dave if this was a bit disingenuous considering the whole purpose of the RV tour is to defeat the Maloofs. After an exchange with Dave on Twiter (see the playingtowin tour thread), I understand where Dave is coming from. And, after pondering on it a bit more, I have to think this just might be another attempt by the Maloofs to untarnish their image somewhat.
As some folks on Twitter have said, Dave might as well go for it. In fact, one guy recommended that Dave hold out for a Penthouse Suite.
As some folks on Twitter have said, Dave might as well go for it. In fact, one guy recommended that Dave hold out for a Penthouse Suite.
Hotel cleaning staff entered the radio host's room to discover only a collection of Urijah Faber t-shirts and cigarette butts.
"We don't know what happened," said former hotel majority owner Gavin Maloof. "We saw him get in the elevator last night to go up to his room, but he wasn't answering his phone this morning."
I don't think that the NBA is really all that concerned with "making it right" with Hansen. At least to a point. If I'm looking at it from an owners perspective this is the best case scenario. Hansen will be used as leverage for as long as they can string him along.
Basically, get Hansen his 30 million back, and tell he he needs to be patient and his time will come, either through expansion or a move. As long as you can keep him on board by dangling that carrot, the next time that a city doesn't want to pony up for half the cost of an arena, it won't be about the city vs their owners, it will be about the city vs what will happen to their team if they don't, since everyone knows there is a Big Bad Wolf out there who will offer a huge amount of money to get his team.
Of course this cant go on forever, sooner or later Hansen will get tired of being the leverage, but he has made his bed with Seattle and portrayed himself as the savior who is going to bring the NBA back to Seattle, so he will stick with it longer than say Larry Ellison, who the NBA tried to use the same way but he wasn't in it as deep and has seemingly lost interest in the whole deal.
So all in all the NBA is trying to keep the kings in sac with a record sale price, created by Hansen, and not pee Hansen off or cost him any money. And do just enough to keep him on board for the next time this situation rolls around, and at that point it a city fails to do their part Hansen will get his team.
Basically, get Hansen his 30 million back, and tell he he needs to be patient and his time will come, either through expansion or a move. As long as you can keep him on board by dangling that carrot, the next time that a city doesn't want to pony up for half the cost of an arena, it won't be about the city vs their owners, it will be about the city vs what will happen to their team if they don't, since everyone knows there is a Big Bad Wolf out there who will offer a huge amount of money to get his team.
Of course this cant go on forever, sooner or later Hansen will get tired of being the leverage, but he has made his bed with Seattle and portrayed himself as the savior who is going to bring the NBA back to Seattle, so he will stick with it longer than say Larry Ellison, who the NBA tried to use the same way but he wasn't in it as deep and has seemingly lost interest in the whole deal.
So all in all the NBA is trying to keep the kings in sac with a record sale price, created by Hansen, and not pee Hansen off or cost him any money. And do just enough to keep him on board for the next time this situation rolls around, and at that point it a city fails to do their part Hansen will get his team.
I think the problem with that thinking is the timing. If I understand the Seattle side, Hansen only has a deal with the city for five years. After that, back to square one. If they lose out on the Kings, they either have to get an expansion team or have something break in their favor.
Seattle thinkers have the same problem. They think KJ is doing all this for the next expansion team. They don't understand that if the Kings leave, this market is lost possibly/probably for good.
Seattle thinkers have the same problem. They think KJ is doing all this for the next expansion team. They don't understand that if the Kings leave, this market is lost possibly/probably for good.
I love the idea of Vancouver being the 2nd market as well. When Stern talks about abandoned markets, he always brings up Vancouver before Seattle and never mentions SD or KC.
The problem is that expansion teams always enter the league with identical fees. If Hansen is coming in at $500 million plus for a Seattle team, Vancouver would most likely have to do the same or the league would have Hansen give a bid as small as whatever Vancouver could afford. The latter would most likely turn off the NBA BOG as they would want the largest amount possible.
The only places that I could see putting up over $500 million for an NBA expansion team would be Anaheim and San Jose and we know the problem there with the territorial rights.
The problem is that expansion teams always enter the league with identical fees. If Hansen is coming in at $500 million plus for a Seattle team, Vancouver would most likely have to do the same or the league would have Hansen give a bid as small as whatever Vancouver could afford. The latter would most likely turn off the NBA BOG as they would want the largest amount possible.
The only places that I could see putting up over $500 million for an NBA expansion team would be Anaheim and San Jose and we know the problem there with the territorial rights.
Kansas City is actually in Missouri unless you count the small cattle yards across the river as a liget town. I'm sure there are fans there that root for Kansas, but remember they have Pro football and baseball there, so its not like they don't like professional sports. I grew up in St. Louis, a mere 257 miles from Kansas City and I never once thought of Kansas City as a college basketball town.
The only thing the league could do to help avoid that situation is get a franchise tag. They tried it during the lockout but the players weren't having any of it. Trying to push that through collective bargaining will cost us fans at least a year or 2 of basketball.
Instead, I go with the Denver model. Get rid of your whiney superstar before he becomes a free agent. Get several good players in exchange and wind up with the better team.
Instead, I go with the Denver model. Get rid of your whiney superstar before he becomes a free agent. Get several good players in exchange and wind up with the better team.
I don't see how Vancouver couldn't raise $500 million for a team, there would be investors lining up out the door who are able to finance expansion in Vancouver. For one, a lot of these Canadian mining companies are based out of Vancouver. There are at least a dozen major film production companies all owned by Canadians who shoot a substantial number of Hollywood films in BC. Plus, I'm sure some of that Alberta oil money could easily finance a team. Its consistently ranked as the most expensive city to live in North America, above New York & Los Angeles. Plus the fans are completely crazy about their sports, remember how they rioted after the Canucks lost the Stanley Cup Finals? The potential money the NBA could make in that city, with high ticket prices, plus television exposure to all of British Columbia & Alberta (which is still only 8 million people, but still significant as the only Canadian team in that region). Vancouver is just an immensely wealthy place, its like the Switzerland of North America.
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Even though it's from the clueless Ric Bucher, it's still nice to hear positive things:
http://sulia.com/channel/basketball/f/5132abbc-1702-4ae3-ab36-2cfc417238ad/?source=twitter
http://sulia.com/channel/basketball/f/5132abbc-1702-4ae3-ab36-2cfc417238ad/?source=twitter
No doubt KJ will come out of smelling like roses and will go on to bigger and better things. Being selfish for a minute here, but I hope it happens AFTER the new arena in Sacramento is opened and Kings are playing in it. He is just too big an ace up our sleeve to loose now. Once the arena is opened, I would be absolutely thrilled for KJ as he deserves the absolute best.
http://www.sacbee.com/2013/04/12/5336141/ailene-voisin-maloofs-wouldnt.html
So Magoofs want to buy the NHL or MLB team and are in a hurry to get their money from the Kings sale, hence the ultimatum!
The good news is, they would accept Sacramento's offer if they get same $$$!
The bad news is, some poor suckers in NHL or MLB will get Maloofed!
Following on from that, in one of the interviews yesterday (or the day before) Sam said that if the vote happened now, we would probably have 8 votes but Stern wants a united front on this and is lobbying owners so that it is an overwhelming majority and mentioned 25-5 as an example! If Stern manages to pull that off, this thing won't go to a vote!
So Magoofs want to buy the NHL or MLB team and are in a hurry to get their money from the Kings sale, hence the ultimatum!
The good news is, they would accept Sacramento's offer if they get same $$$!
The bad news is, some poor suckers in NHL or MLB will get Maloofed!
Following on from that, in one of the interviews yesterday (or the day before) Sam said that if the vote happened now, we would probably have 8 votes but Stern wants a united front on this and is lobbying owners so that it is an overwhelming majority and mentioned 25-5 as an example! If Stern manages to pull that off, this thing won't go to a vote!
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They wont.. Not unless the Maloofs turn this 350mil into a few billion (which they don't have the mental capacity to even conceive let alone do) and if for some reason they did then I am sure they would be forced to sign something that stated that they have ZERO powers when it comes to relocating a team.
But then again it's not going to happen so no poor sports fan has to worry about those *****.
But then again it's not going to happen so no poor sports fan has to worry about those *****.
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