Is an NBA team headed to Seattle?

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Is an NBA team headed to Seattle?

From Comcast SportsNetSEATTLE (AP) -- A wealthy hedge-fund manager won approval Monday for his plan to bring professional men's basketball and hockey back to Seattle, with initially skeptical City Council members agreeing to put up 200 million for a new arena after he promised to personally guarantee the city's debt.Council members voted 6-2 to approve Chris Hansen's plan for a 490 million arena near the Seahawks and Mariners stadiums south of downtown."I was a skeptic when this came forward because I was worried about our taxpayers," said Councilwoman Sally Bagshaw. "The fact that we have a personal guarantee from Mr. Hansen ... that makes a big difference."At the end, we're going to have something the city is proud of."Seattle hasn't had an NBA team since 2008, when the SuperSonics moved to Oklahoma City and became the Thunder, devastating their fans here. It's been quite a bit longer since Seattle had major-league hockey: The Metropolitans, who won the Stanley Cup in 1917, disbanded in 1924.The Edmonton Oilers is one NHL team already discussing possible relocation to Seattle after plans for a proposed 475 million arena in Edmonton were thrown into doubt earlier this month.Though the franchise said it still hopes to reach a deal with Edmonton on a new arena, owner Daryl Katz, team president Patrick LaForge and Kevin Lowe, president of hockey operations, were in Seattle for meetings Monday about a possible relocation.The Oilers said in a statement that the team is listening to proposals from a number of potential NHL markets.Hansen, of San Francisco, is a Seattle native, an early investor in Facebook and a big Sonics fan who approached Seattle Mayor Mike McGinn last year in hopes of building a new arena to attract an NBA team and hopefully an NHL team as well. KeyArena, where the Sonics played, is considered outdated and financially unviable. The 200 million in public financing would be repaid by arena-related taxes.The deal Hansen worked out with the mayor's office met with resistance at City Council, where members worried about the effect of more traffic in what is a crucial shipping corridor, thanks to the nearby Port of Seattle, and about creating competition for the publicly owned KeyArena, which turned a profit last year.But Hansen made a number of concessions and won over a majority. In addition to personally guaranteeing the debt payments, he agreed to kick in more money for transportation improvements and 7 million for KeyArena, and he agreed to buy the new arena back from the city for 200 million at the end of the 30-year use agreement if that's what the city wants.He also agreed to be independently audited to assure that he's worth at least 300 million."I want to thank all of Seattle's elected officials and their staffs for their willingness to roll up their sleeves and work with us to get us to this point," Hansen said in a written statement. "Today's vote demonstrates that by listening to each other and working hard to address the concerns of all stakeholders that we can make the arena a reality and bring professional basketball and hockey back to Seattle."The King County Council already approved the original deal but needs to approve the revised version.Under the deal, the arena proposal will undergo an environmental review that could take a year. The review will look at whether other sites, including Seattle Center, where KeyArena is, should be considered.The two city councilmen who opposed the deal, Richard Conlin and Nick Licata, said that while it might be good as far as stadium deals go, that doesn't mean it's a good use of public money. Conlin said that when new businesses typically move into the city, the taxes they generate are a benefit to the city. In this case, he said, the city is giving away 200 million in tax revenue up front, only to collect it back later on.Licata said professional sports franchises aren't like nonprofit cultural organizations like operas or symphonies, which don't threaten to skip town when money's tight."What some citizens see is that those who have a lot of money are using public resources to get more money," he said.

Adam Silver feels bad for Cleveland: 'Where there's smoke, there's fire'

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AP

Adam Silver feels bad for Cleveland: 'Where there's smoke, there's fire'

When Adam Silver speaks, you listen (or in this case, you read what he said).

The NBA Commissioner joined The Rich Eisen Show on Monday morning and was asked the following question:

"Are you ecstatic of all this news, all the drama that's being played out in all these rosters in free agency?"

Silver's answer was kind of surprising.

[RELATED: Report: LeBron won't waive no-trade clause for any team]

"I love the interest. I'm not ecstatic about the drama," Silver began. "I feel bad for whatever is going on in Cleveland, and I have no first-hand information.

"But I assume where there's smoke, there's fire. Brian Windhorst has sort of been cataloguing LeBron's career for a long time, and he usually has very accurate insights from that team."

Last Friday, Windhorst broke the news that Kyrie Irving requested a trade.

LeBron James was reportedly "blindsided and disappointed."

"It's upsetting to hear that, when you see superstar players who have co-existed -- who had so much success together, obviously three Finals in a row, one championship -- to hear that for whatever reason, there's a sense that they can't continue to co-exist," Silver added. "Yeah, that's drama, but it's not necessarily the kind of drama that the league wants."

The Cavs selected LeBron with the No.1 overall pick in 2003.

The Cavs selected Kyrie with the No. 1 overall pick in 2011.

LeBron can become a free agent next summer, while Kyrie can hit the open market in July 2019.

Will the Cavs give in to Kyrie's request? Stay tuned...

Drew Shiller is the co-host of Warriors Outsiders and a Web Producer at NBC Sports Bay Area. Follow him on Twitter @DrewShiller

 

Report: LeBron won't waive no-trade clause for any team

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AP

Report: LeBron won't waive no-trade clause for any team

It appears that for the 2017-18 season, LeBron James will play for the Cavaliers and only the Cavaliers.

LeBron will not waive his no-trade clause for any team, according to ESPN's Chris Haynes.

[RATTO: Kyrie Irving needs to be traded to one place, and one place only]

LeBron is under contract for two more seasons, but he can opt and become a free agent in the summer of 2018.

As a result, Cleveland could lose the four-time MVP in a year and get nothing in return.

So even if the Cavs wanted to trade LeBron, they can't.

This report comes out within days after news leaked that Kyrie Irving reportedly requested a trade from Cleveland.

In an ESPN story posted on Monday morning:

"Irving was tired of being Robin to James' Batman. Tired of having another superstar -- even one of the best players of all time -- in control of his fate. Yes, he had learned from James in the three seasons they'd played together. Yes, he was appreciative.

"But Irving felt the time had come to take his destiny into his own hands. He wanted to be the centerpiece of a team, as he thought he was going to be three years ago, when he signed a five-year extension 11 days before James decided to come home."

Irving is under contract for three more seasons, but can opt out in the summer of 2019.

He is scheduled to make $18,868,625 next year and $20,099,188 in 2018-19 -- team-friendly numbers considering Irving's stature.

Things are about to get very interesting...

Drew Shiller is the co-host of Warriors Outsiders and a Web Producer at NBC Sports Bay Area. Follow him on Twitter @DrewShiller