Sacramento group requests Kings sale

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Sacramento group requests Kings sale

Sacramento business leaders are asking NBA Commissioner David Stern and league owners to "strongly encourage" the Maloof family to sell the Kings so a deal for a new arena can proceed.In a letter signed by about two dozen of Sacramento's most powerful businesses leaders and sent to Stern on Thursday, the group accuses Kings owners Joe, Gavin and George Maloof of not negotiating in good faith. It also questions whether the Maloofs have the finances - and motivation - to keep the team in Sacramento."We feel it is time for the Maloofs to sell their ownership of the franchise, for the good of the city and in the interest of advancing Sacramento's effort to build a downtown arena," a portion of the letter reads. "The city, the fans and the NBA deserve and require an ownership group that is fully committed to being a good-faith constructive participant in the arena process."And we deserve an ownership group that is not only committed to the long-term viability of the franchise in this region but also one that has the wherewithal to make it a thriving, competitive organization."The timing of the letter was no accident.The Maloofs were giving an update on the project to the NBA Board of Governors during its annual spring meeting in New York. It was exactly a year ago when Sacramento Mayor Kevin Johnson and the city's business leaders convinced owners - along with presenting more than 10 million of new sponsorship and ticket sales for this season - at the same Manhattan hotel to keep the Kings in Sacramento instead of moving to Anaheim, Calif.Family spokesman Eric Rose said the Maloofs are "saddened and disappointed" by the letter. He said the Maloofs are not selling the team and are committed to help fund the estimated 391 million arena, which would open for the 2015-16 season, pending final approval of the non-binding agreement the City Council already passed."We share in the community's frustration on forging a workable agreement on what is ultimately a 400 million transaction that will impact the region for many years to come," Rose said in a statement. "However, we must all remember what is at stake in the development of a new arena in Sacramento, and must insure the agreement works for all parties involved, and most importantly, the residents of the City."Sacramento's place on the NBA map seemed secured only a few weeks ago.Under the non-binding term sheet, Sacramento will contribute 255.5 million, mostly by leasing out parking garages around the facility. The Kings agreed to pay 73.25 million and arena operator AEG will contribute 58.75 million. The remaining gap will be covered by a ticket surcharge, advertising around the facility, the sale of public lands and a sponsorship campaign to sell bricks and plaques around the complex.The biggest sticking point has been a dispute over environmental and predevelopment costs.Under the term sheet, the Kings and arena operator AEG each were to pay about 3.25 million in pre-development costs with the city paying the remaining 6.5 million. George Maloof said in a phone interview that he does not believe the team should pay 3.25 million in pre-development costs because they're "playing the role of the tenant."The NBA, which helped broker the deal, agreed to pay about 200,000 to cover the initial costs and keep the project on schedule. Whether the rest will be covered - and who will cover it - was among the items expected to be discussed this week in New York during two days of meetings, which end Friday.Sacramento city officials are not attending the meetings. Johnson has said the city has done its part and it's up to the Kings and the NBA to resolve the issue.

Trading Cousins is the ultimate Kingstastic move

Trading Cousins is the ultimate Kingstastic move

There was a lot of complaining about the lack of defense in this year’s All-Star Game, as though last year’s All-Star Game didn’t happen.

But the Most Valuable Player, which was putatively Anthony Davis for scoring a record 52 points in front of his home crowd, was actually the man with the fewest minutes of all.

Yes, the man, the god, The DeMarcus Cousins. The Very Definition Of A Sacramento King, By Becoming An Ex-Sacramento King.

Cousins, now the second-best player on the New Orleans Pelicans, played only two minutes Sunday, the lowest total by any All-Star since Connie Hawkins in 1971, ostensibly because he told head coach Steve Kerr he was a little ouchy, but more likely because the Kings were frantically trying to trade him and didn’t want him hurting himself in a game with even no contact whatsoever.

Not during the All-Star Break, mind you. DURING THE ALL-STAR GAME ITSELF! Adam Silver must have been vomiting hedgehogs into a bucket at the very thought.

As it turns out, the Kings, who have sworn up and down that they would never consider trading Cousins, did that very thing, closing a deal to send Cousins and forward Omri Casspi to the New Orleans Pelicans for a first and second-round pick in the upcoming draft, Tyreke Evans, Langston Galloway (who is likely to be waived in true Kings fashion) and 2016 first-rounder Buddy Hield.

You remember Buddy Hield. He’s the guy who clocked Cousins in the joy division going around a Cousins pick during the last Pelicans-Kings game, and got tossed for doing so.

In other words, the Kings prefer the guy who punched their best player in the goolies to their best player. This is so Kingsy.

But on the back end, Cousins’ agent, Jarinn Akana, said Cousins is disinclined to sign a long-term contract with his next team, making him a rental who could some day return to Sacramento in a Groundhog's Day remake that would cause the Oroville Dam to get up and walk off the job.

This too is so Kingsy.

This is the greatness of the Kings. They blew up the All-Star weekend during the game itself. They blew it up trying to get rid of their best player when they are within fighting distance of their first playoff spot in 11 years. They blew it up after saying they weren’t considering trading the dynamite at all.

Kingsy, Kingsy, Kingsy. It’s Kingstastic!

And the best part of it all is that the trade leaves everyone deflated and confused and ultimately angry, while the Kings undervalued their only marketable player to invest in a future they have mocked for decades.

You know what we;’re talking about. Gimme a K! Gimme an I! Gimme an N-G-S, throw an extraneous Y on the end of it what does it spell?

Yeah. Right.

It’s remarkable thing, being a King. While we have all amused ourselves with the machinations of the thick-as-two-short-planks New York Knicks and Carmelo Anthony, the Kings have been Kinging this way for most of the last 35 years.

And now, they have decided to feed their obsession with the Golden State Warriors by running even further away from them, by tossing their only bargaining chip for a future player or players that they typically ruin, and Buddy Hield, who just found out that even at these prices life can still be cruel.

Give them their due, though. The Kings could win the NBA title and hock the trophy. They could be invited to the White House when the President is off playing golf. They could increase their Forbes valuation to $5 billion and declare bankruptcy.

Because they are the Kings, and that sentence has rarely meant more than it does now.

Not because they traded Cousins. Trades happen all the time. Wilt Chamberlain got traded twice.

But the Kings handled this with all the skill of a pickpocket with feet where his hands should be. They lied unconvincingly. They talked hard business and ended up with a nebulous deal that guarantees nothing except more speculation come summer. And they have nothing else to trade between now and . . . well, whenever they stopped being so damned Kingsy.

For New Orleans, it is a roll of the dice, an attempt to make the playoffs with a two-headed monster in Cousins and Davis. It may be too much to giver, but without knowing how the Kings will screw up those picks, it remains speculative at best.

Indeed, this is subtraction by subtraction, the standard Kings deal. And whatever the Kings have gained in this trade (hey, you never know), we remain safe in saying that they did it in such a Kingsy way that they may never top this.

Until the next time they do anything at all. Never doubt the power of Kingsiness.

Source: Kings trade Cousins to New Orleans Pelicans

Source: Kings trade Cousins to New Orleans Pelicans

50/50 turned into 100 percent in the blink of an eye. CSN California has confirmed that pending league approval, the Sacramento Kings have dealt three-time All-Star DeMarcus Cousins, as well as forward Omri Casspi to the New Orleans Pelicans for Tyreke Evans, Buddy Hield, Langston Galloway and a protected (1-3) 2017 first round pick and 2017 second round pick.

Vlade Divac chose the path of least resistance. Cousins, a larger than life personality, was not only ready to sign a $219 million extension in early July, but he was willing to stay in Sacramento for the long haul.

Be it financial constraints from owner Vivek Ranadivé or a complete break with reality, the second-year GM decided to break up the Kings’ core and start fresh with a below market value deal with the Pelicans.

Sacramento attempted to move up in the 2016 draft to take Hield, but the 23-year-rookie went with the sixth overall pick. He is averaging just 8.6 points per game on 39.2 percent shooting for New Orleans. He was tossed from his only game in Sacramento this season after grabbing Cousins below the waist during the team’s last homestand.

Kings fans know Evans very well from his four seasons in Sacramento. Who can forget the 20-5-5 season that led to Evans’ 2010 Rookie of the Year Trophy? But the talented wing has played in a combined 51 games over the last two seasons for New Orleans, slowed by a myriad of lower leg issues.

Evans is averaging just 9.5 points, 3.5 rebounds and 3.3 rebounds in 18.2 minutes per game for the Pelicans. At 27, he might have quality years ahead, but his history of injuries make him a giant question mark and his status as an unrestricted free agent might tell a broader story.

Galloway is a throw in on the deal. The three-year NBA veteran has struggled to find a niche with the Pelicans after two seasons with the Knicks, averaging 8.6 points in 20.4 minutes a night.

The real value in this deal lies in the potential first and second round picks that Sacramento received in the deal.

According to published reports, the first round pick is top three protected, although the Pelicans are likely to improve from their current 23-34 record. New Orleans currently sits tied for the eighth spot in the 2017 NBA Draft order if the season ended today.

Cousins was leading the Kings in almost every offensive category, including points (27.8), rebounds (10.7) and assists (4.9). His loss will likely prove catastrophic for the Kings’ playoff chances this season, despite trailing the Denver Nuggets by just 1.5 games in the standings with 25 games remaining.

Casspi has struggled throughout the season with injury and illness. He will get a fresh start in New Orleans after playing just 22 games for the Kings this year.

In order to make the proposed deal, the Kings will have to waive a player to make room for Hield, Evans and Galloway.

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UPDATE: Was this the moment DeMarcus Cousins was told of the trade?

And this tweet from Cousins' camp has them in limbo: