Clippers owner Steve Ballmer will buy the LA Forum and build new arena near it

Big moves that Clippers ownership have focused on for a while now have taken a major step forward. Here’s the OC Register:

The owners of the Los Angeles Clippers will buy The Forum concert venue in Inglewood for $400 million as part of a settlement agreement with Madison Square Garden Co..

The agreement ends years of legal battles that threatened the feasibility of a proposed $1.2 billion Clippers arena in the city that soon will be home to an adjacent $5 billion NFL stadium for the Los Angeles Rams and Chargers. That 18,000-seat arena just south of the new NFL stadium will still move forward.

Here is info straight from the Clippers:

CAPSS LLC has reached an agreement with The Madison Square Garden Company (NYSE: MSG) to purchase The Forum in Inglewood, which will continue to operate as one of the premier live-music venues in the United States. The formation of CAPSS LLC and the acquisition of the Forum were driven by L.A. Clippers Chairman Steve Ballmer and L.A. Clippers Vice Chairman Dennis Wong.

By reaching an agreement with MSG, CAPSS LLC will acquire the Inglewood venue, simultaneously resolving litigation surrounding plans for the new NBA arena. As part of the agreement, all of MSG’s current Forum employees will be extended employment offers by the new owner.

This transaction, which remains subject to Hart-Scott-Rodino and other customary closing conditions, is expected to close during the second calendar quarter of 2020. CAPSS LLC is purchasing The Forum for $400 million in cash.

The new Clippers arena project would be a privately financed, state-of-the-art, 18,000-seat basketball arena, team headquarters complex and community center located on West Century Boulevard between South Prairie Avenue and South Yukon Avenue. The project is currently undergoing an environmental review by the City of Inglewood. Public hearings to approve the project are expected to be held later this summer.

“This is an unprecedented time, but we believe in our collective future,” said Ballmer. “We are committed to our investment in the City of Inglewood, which will be good for the community, the Clippers, and our fans.”

Having The Forum and the new Clippers arena under the same ownership will allow for coordinated programming between the two venues, improving traffic congestion around basketball games and concerts.

More from the Register:

Madison Square Garden Co., which bought The Forum for $23.5 million in 2012 and invested $100 million in renovations, has waged an all-out war to try to stop the Clippers from coming to the city. MSG sued Inglewood and its mayor, James T. Butts Jr., in 2018, alleging he tricked the company’s executives into giving up their rights to the land needed for the proposed arena.

The Forum’s owners claimed their fight was not about stopping the competition and instead was an attempt to protect Inglewood residents from a project that would “inflict severe traffic congestion, pollution and many other harms” on the city.

And, the Los Angeles Times reporting:

The deal is expected to close during the 2020 second quarter. The new ownership group has no plans to tear down the Forum, which was added to the National Register of Historic Places in 2014, and will keep it operating as a concert venue…

The Clippers’ billion-dollar arena would sit less than two miles away from the Forum on West Century Boulevard, and be part of a larger Inglewood Basketball and Entertainment Complex that would house team offices, a practice facility and public outdoor spaces.

Stan Van Gundy discusses Nets and Knicks coaching jobs

Here’s the New York Post reporting what veteran coach Stan Van Gundy has to say about coaching opportunities with the two teams:

Both the Knicks and the Nets have head coaching vacancies. And between the two open spots, Stan Van Gundy – a big-name coach on the market – says the more attractive gig is the one in Brooklyn.

And it’s not even close.

“Of the two the Nets are the better job. There’s no question about that right now,” Van Gundy said on ESPN Radio. “The organization has been more stable. They’ve won more games. They have more talent.”

The Knicks will be spending this offseason figuring out which young players to hang onto, while chasing free agents. The Nets already have a crop of stars, and must figure out what the supporting cast should look like.

UPDATE: No salary reductions for Sixers at-will employees

UPDATE: STATEMENT FROM JOSH HARRIS, FOUNDER OF HARRIS BLITZER SPORTS & ENTERTAINMENT

“Our commitment has been to do our best to keep all of our employees working through this very difficult situation. As part of an effort to do that we asked salaried employees to take a temporary 20% pay cut while preserving everyone’s full benefits — and keeping our 1500 hourly workers paid throughout the regular season. After listening to our staff and players, it’s clear that was the wrong decision. We have reversed it and will be paying these employees their full salaries. This is an extraordinary time in our world – unlike any most of us have ever lived through before – and ordinary business decisions are not enough to meet the moment. To our staff and fans, I apologize for getting this wrong.”

ORIGINAL POST BELOW. THE UPDATE IS ABOVE

Sports leagues are on hold. It’s an adjustment for the entire leagues, including individual teams, and of course the people they employ.

Here’s Philly Voice with an update:

At-will employees making over $50,000 for the Sixers and Devils have been asked to take salary reductions of up to 20 percent as a result of the COVID-19 outbreak, a team source confirmed to PhillyVoice on Monday evening. Marc Stein of The New York Times was the first to report the news.

Those employees include employees in marketing, sales, communications, and a variety of different members of business and sports operations for both franchises, a team source told PhillyVoice. The change will apply to the period through the end of the Sixers’ fiscal year on June 30th.

The Sixers will not have layoffs and there will not be any changes to health insurance or 401k as a result of the move, a team source told PhillyVoice, which was part of the internal discussion about such a move being made.

The fallout from coronavirus continues.

Pacers salary cap situation looks to be in good shape

When the NBA season paused, the Pacers were 39-26, which ties them with the Sixers for the 5th best record in the Eastern conference. Impressive, especially considering guard Victor Oladipo had just recently returned to action, and in 13 games played wasn’t up to his usual standards just yet.

Here’s the Indianapolis Star reporting on their salary cap situation:

No one knows where the NBA is heading because of the COVID-19 pandemic, but what’s clear is the projected $115 million salary cap could shift downward as teams are preparing for the worst-case scenarios. The Indiana Pacers, who have the 27th highest payroll of the league’s 30 teams, are expected to drop to the league’s lowest payroll.

That’s because the Pacers have received $10 million insurance on Victor Oladipo, a league source tells IndyStar. Oladipo tore his right quad knee tendon in January 2019 and missed most of the season. He returned this season past the midway point to appear in 13 games.

The Pacers’ cap number is $114.6 million for 2019-20 and they’re positioned to come in at $104.6 million due to Oladipo’s injury, well below the current 30th payroll of the Atlanta Hawks ($112.3 million).

There is no reason to expect the NBA to resume play anytime soon, as the world focuses on fighting coronavirus. Hopefully in the coming weeks, that view may begin to change.

LeBron James shares insight on pivotal time with the Miami Heat

LeBron James chatted on social media yesterday and revealed some interesting insight on his days with the Miami Heat. Here’s ESPN.com‘s summary:

However, James did speak about his 2012 Game 6 performance for the Miami Heat against the Boston Celtics in the Eastern Conference finals, which stands as one of his greatest games. Facing elimination on the road and a second consecutive season with no title for the heralded “Big 3” in Miami, James scored 45 points with 15 rebounds to turn the tide and begin a streak that led him to his first title.

James said if he’d lost the game, he believed the Heat could have traded him or teammates Dwyane Wade and Chris Bosh.

“My mentality was if we lose, [Heat president] Pat Riley may break us all up. And I [didn’t] want that,” James said. “It might be the quickest breakup in basketball history.”

Fortunately for LeBron and the Heat, things worked out.

Pelicans, the final road team on last night’s schedule, head home

Yesterday, in news that materialized very quickly, the NBA season was put on hold, after the conclusion of last night’s games. And the final game on the schedule, start time-wise, was a Pelicans vs Kings matchup in Sacramento that wound up not being played. Here’s the New Orleans Times Picayune reporting:

The New Orleans-Sacramento matchup was supposed to be the final game before the NBA’s indefinite suspension kicked in, but the Pelicans had concerns about referee Courtney Kirkland, who had officiated one of Gobert’s games two days earlier. They remained in their locker room during warmups, and just as the game was about to start, the NBA decided to cancel the game.

They headed to the bus, had a meal and then eventually boarded a flight, which arrived in New Orleans a little after 5 a.m.

In a statement, the Pelicans announced they support the NBA’s decision to suspend the season and that they are working with health officials outside the organization to figure out the best course of action to deal with the coronavirus.

While we’re now in a waiting period for the NBA to resume — and that will take at least 30 days, if not more — we’ll keep posting fun basketball content each day. Some coronavirus-related items, because unfortunately that’s necessary, but mostly fun bball stuff, as usual.

Warriors did uncover some talent this season

Okay, maybe it hasn’t been the Warriors’ year. It’s nice that Stephen Curry recently made his return — though a common flu quickly put a temporary stop to that — but clearly this squad, which of course also includes Draymond Green and an out-for-the-season Klay Thompson, is all about next season.

Still, here’s NBC Sports Bay Area ounding up some 2019-20 positives:

In the front court, Eric Paschall has emerged as a potential future foundational piece, sporting an offensive game that combines unique strength to go with mature finesse. Marquese Chriss might end up being the starting center next season as he has blossomed into an impactful young big man.

In the backcourt, Damion Lee has proven himself to be a high energy, reliable rotation piece that can put up points in a hurry. Jordan Poole has struggled with an inconsistent shot this season, but at only 20 years old, has grown considerably in his playmaking and ball handling, making him more valuable than just a potential future floor spacer.

It’ll be interesting to see who starts for the Warriors next season alongside Steph, Klay and Dray. And almost as importantly, who the key bench guys are. With some slick signings and key role player additions, the Warriors next year could leap high up in the standings once again.

Celtics coach discusses possibility of playing NBA games with no fans in arena

Due to the coronavirus outbreak, many sports teams in various countries around the world are playing games, but with no fans in attendance. As a health safety precaution. All sports fans should consider the very real possibility that other leagues are pondering this option as well. As for the NBA? Here’s the Indianapolis Star reporting:

Boston Celtics coach Brad Stevens isn’t in favor of playing in front of empty arenas, saying it’s “counterintuitive” to play games without fans.

“Nobody wants to play without fans,” he said before the Celtics played the Pacers on Tuesday night. “That would be really too bad. But totally understand if those decisions are made … This thing is built on people liking it. The reason why we are where we are, and get a chance to do this for a living, and make a good living, is people are interested in it.”

Gordon Hayward, the Brownsburg alum who plays for the Celtics, said players aren’t taking precautions beyond those health officials recommend for the general public — common sense and cleanliness — but he said the situation is “certainly concerning.”

As Celtics coach Stevens said, he understands if it’s necessary. But hopes it can be avoided. Same with us. Same with everybody.

But if we were given a choice of games not being played, or being played safely with almost nobody else in the building and fans all forced to watch on TV at home, the latter is certainly preferable to the former.

Knicks, like all teams, adjusting to new health safety standards in wake of coronavirus

Like pro sports teams across the country and world, players on the Knicks are adapting to new safety standards to protect themselves from the coronavirus outbreak. Here’s the New York Post:

With the NBA closing locker rooms to the media before and after games and the threat of fan-less contests, the Knicks are making their adjustments.

No high-fives during practices and games, just elbow and forearm bumps. And the club is “rationing” hand sanitizer, according to forward Taj Gibson.

A Knicks spokesman said there’s plenty of sanitizer for the players, but some are trying to stock up sanitizer for their families.

“No fist-bumps,’’ Knicks veteran Gibson said. “Always do it with your elbow. Any little movement, you’re touching the ball, you got to cleanse, you got to wash your hands. (We) ran out of hand sanitizer. It’s insane. But you do what you got to do.”

In some other countries, some sporting events are being played without fans in the stands. It’ll be interesting to see what leagues here in the United States choose to do there. Discussions are ongoing.

Norman Powell wins NBA East Player of Week

A surprise member of the Toronto Raptors stepped up and got himself named Eastern conference NBA Player of the Week today.

Over in the West, Lakers forward LeBron James, who averaged 29.0 points (.519 FG%), 10.3 assists, 7.3 rebounds, 1.3 steals and 1.3 blocks as the Lakers finished the week 3-0 with victories over Philadelphia, Milwaukee and the LA Clippers, won the honor yet again.

James continues to lead the league in total assists (627) and assists per game (10.6), while ranking 13th in scoring (25.7). The 16-time NBA All-Star owns an NBA-record 64 career weekly awards, and he is the first Lakers player to earn three weekly honors in a season since Kobe Bryant in 2012-13.

But in the East, Powell earned the honor for the first time in his career. He became the 10th player in franchise history, joining Vince Carter, Chris Bosh, DeMar DeRozan, Kyle Lowry, Jalen Rose, Mike James, Lou Wiliams, Pascal Siakam and Kawhi Leonard.

Powell helped lead Toronto to a 3-0 record this past week, scoring an Eastern Conference-best 31.3 points. He also posted 2.3 rebounds and 3.7 assists while shooting .561 from the field. Powell began the week with 26 points during Toronto’s 123-114 win Mar. 3 at Phoenix. He then scored a career-high 37 points Mar. 5 at Golden State and tied a career-high with six three-pointers Mar. 8 at Sacramento.

Powell was selected 46th overall by Toronto in the 2015 NBA Draft and is the second-longest serving player on the team behind only Kyle Lowry. He was named Eastern Conference Rookie of the Month for April 2016.