George Kaiser joins OKC Thunder ownership group

George Kaiser joins Thunder ownership group

Tulsa businessman George B. Kaiser has been approved by the NBA Board of Governors as a new partner in The Professional Basketball Club, LLC, which owns the Oklahoma City Thunder. Thunder Chairman and CEO Clayton I. Bennett made the announcement today. Kaiser is purchasing the ownership interest of Tom L. Ward.

“We are honored to welcome George Kaiser as a member of the ownership group of the Oklahoma City Thunder,” Bennett said. “George is a well-respected and important Oklahoma business leader, as well as one of the state and nation’s top philanthropists. His commitment to successful business and community leadership is in true alignment with that of the Thunder.

“I also appreciate the commitment and leadership provided by Tom Ward as a member of our ownership group from the beginning,” Bennett added.

“I am pleased to join the Thunder ownership group,” Kaiser said. “I appreciate what Tom, Clay and the other owners have done to make Oklahoma City a big-league city and look forward to joining the continuing effort to gain positive recognition for our state.”

“I am very pleased to have been a part of the group that brought the Thunder to Oklahoma City, ” Ward said. “The team has generated tremendous excitement in our city and state. This transaction allows me to have greater focus on the things that I know and care about the most, which include launching new Oklahoma-based energy companies and supporting charitable organizations that demonstrate compassion to those in need.”

Kaiser is president, CEO and primary owner of GBK Corporation, parent of Kaiser-Francis Oil Company, which he has managed for 40 years. He is chairman of the board and majority shareholder of BOK Financial Corporation and a major shareholder in several energy, oil and gas, mining and technology companies.

Kaiser has been engaged in numerous civic activities, including working with others to establish both the Tulsa Community Foundation and Tulsa Educare. He founded the George Kaiser Family Foundation, dedicated to breaking the cycle of poverty through investments in early childhood education, community health, social services and civic enhancements.

In addition, through a transaction approved by the NBA Board of Governors on Friday, Clayton I. Bennett, Chairman and CEO of the Oklahoma City Thunder and Chairman of Dorchester Capital; Aubrey K. McClendon, Chairman and CEO of American Energy Partners; William M. Cameron, Chairman and CEO of American Fidelity Assurance Company; and Jay Scaramucci, President of Balon Corporation, have each purchased ownership interests from G. Jeffrey Records, Jr., CEO of MidFirst Bank. Records remains a significant owner of the team and MidFirst remains a major sponsor.

The ownership interests of Everett R. Dobson, Managing Partner of Dobson Partnerships; and Robert E. Howard II, Chairman of Howard Investments, did not change.

Knicks sign Lamar Odom

Knicks sign Lamar Odom

New York Knicks President Phil Jackson announced today that the team has signed forward Lamar Odom for the remainder of the season, which ends tonight. Though multiple reports state that the deal is a two year deal, with the first season ending tonight, and next season nonguaranteed.

Odom has been the subject of very negative drug-related rumors for the better part of a year now. His marriage to Khloe Kardashian fell apart for that reason, according to virtually every gossip news outlet in existence. It makes sense that Odom’s deal is so short. This gives the Knicks a chance to get to know him and see if he’s fit for a contract next season.

Odom, 6-10, 221-pounds, holds career averages of 13.3 points, 8.4 rebounds, 3.7 assists and 33.4 minutes in 961 games (684 starts) over 14 seasons with the L.A. Clippers, Miami, L.A. Lakers and Dallas. He appeared in two games for Baskonia (Spain) this season and last played in the NBA for the Clippers during the 2012-13 season, averaging 4.0 points, 5.9 rebounds and 1.7 assists over 19.7 minutes in 82 games (two starts).

The Queens-native, was originally selected by the Clippers after his sophomore season at the University of Rhode Island in the first round (fourth overall) of 1999 NBA Draft. He is a two-time NBA champion (2009 & 2010) with the Lakers, and was on the Bronze-medal winning team with USA Basketball in the 2004 Summer Olympics in Athens. In addition, Odom was the 2011 NBA Sixth Man of the Year and was an NBA All-Rookie First Team selection in 2000.

Bucks sign forward Chris Wright

Bucks sign forward Chris Wright

The Milwaukee Bucks have signed forward Chris Wright (6-8, 225) to a multi-year contract, General Manager John Hammond announced today.

Wright had played with the Bucks on two separate 10-day contracts, the last signed on April 5. He appeared in seven games with the Bucks, averaging 6.0 points, 2.1 rebounds and 1.0 steal in 15.4 minutes per game.

Prior to joining the Bucks, Wright played with the D-League’s Maine Red Claws, where he’s appeared in 41 games this season and posted averages of 19.8 points and 8.1 rebounds per contest. He’s notched 14 double-doubles on the year, including seven in his last 11 appearances. Wright also played for the Red Claws during the 2012-13 season, when he average 18.1 points and 8.9 rebounds per game, and has been named to the D-League All-Star Game in both of his seasons in Maine.

After going undrafted out of Dayton in 2011, Wright was selected by the Red Claws with the third overall pick in the 2011 D-League Draft. He appeared in four games for the Red Claws, averaging 17.0 points and 10.8 rebounds, before signing with the Golden State Warriors on Dec. 24, 2011. Wright appeared in 24 games during his lone NBA season and posted 2.9 points and 1.9 rebounds per contest. Earning the start in Golden State’s season finale, Wright tallied a career-best 25 points and eight rebounds while shooting 11-of-14 from the field on April 26, 2012, at San Antonio.

Wright wears #15 for the Bucks.

Warriors center Andrew Bogut injured, out with rib fracture

Warriors center Andrew Bogut injured, out with rib fracture

Golden State Warriors center Andrew Bogut has been diagnosed with a rib fracture and will be sidelined indefinitely. The injury, which occurred during the fourth quarter of Golden State’s overtime loss to the Portland Trail Blazers last night, was revealed in x-rays taken immediately after the game and confirmed today by the team’s medical staff.

In 67 games this season, Bogut is averaging 7.3 points, 10.0 rebounds, 1.7 assists and 1.81 blocks in 26.4 minutes, while shooting 62.7 percent from the floor.

DeMarcus Cousins suspended one game for receiving 16th technical foul of season

DeMarcus Cousins suspended one game for receiving 16th technical foul of season

The Sacramento Kings’ DeMarcus Cousins has received a one-game suspension without pay for receiving his 16th technical foul of the 2013-14 season, it was announced today by Rod Thorn, President, Basketball Operations.

Under NBA rules, a player or coach is automatically suspended without pay for one game once he receives his 16th technical foul during a regular season. For every two additional technical fouls received during that regular season, the player or coach will be automatically suspended for an additional game.

Cousins received his most recent technical foul with 1:13 remaining in the fourth quarter of the Kings’ 106-103 win over the Minnesota Timberwolves on April 13, at Sleep Train Arena. Cousins will serve his suspension in the Kings’ season finale on Wednesday, April 16, when Sacramento hosts the Phoenix Suns.

To view the play, click on this link.

Pelicans sign Melvin Ely, waive Greg Stiemsma

Pelicans sign Melvin Ely, waive Greg Stiemsma

The New Orleans Pelicans announced today that the team waived center Greg Stiemsma and signed center Melvin Ely for the remainder of the season.

Ely (6-10, 260) has appeared in 373 games over eight NBA seasons, averaging 5.3 points and 3.3 rebounds in 16.0 minutes per game. The 6-10 center joins the Pelicans after playing the last two seasons for the Texas Legends in the NBA D-League, where he appeared in 78 games (74 starts) and averaged 13.4 points and 6.0 rebounds in 27.7 minutes per game. In the 2013-14 season, Ely totaled 15.8 points and 5.5 rebounds per game in 41 appearances and was selected to the 2014 NBA D-League All-Star Game.

Stiemsma appeared in 55 games (20 starts) this season for the Pelicans and averaged 2.9 points, 4.1 rebounds, and 1.0 block in 18.3 minutes per game. The three-year veteran holds career averages of 3.4 points, 3.6 rebounds, and 1.2 blocks in 16.0 minutes per game.

Ely will wear No. 4 and will be available for tonight’s game against the Oklahoma City Thunder.

Steve Koonin named CEO of Atlanta Hawks

Steve Koonin named CEO of Atlanta Hawks

The Atlanta Hawks have named Steve Koonin as the organization’s new Chief Executive Officer (CEO), it was announced today. In his role as CEO, Koonin will oversee all business, financial and strategic operations of the Atlanta Hawks and Philips Arena. He will also acquire an equity position within the ownership group, and represent the owners as the head of the organization. A nationally respected entertainment and marketing veteran, Koonin’s 28-year track record of working with the National Basketball Association (NBA), along with his marketing expertise and leadership abilities, will help usher in a new era of Atlanta Hawks basketball.

“Steve Koonin’s reputation as a game changer in both marketing and media makes him the ideal leader to usher the Atlanta Hawks into a new era. He has created a legacy as an expert in sports marketing, television, branding and digital media,” said Hawks Majority Owner Bruce Levenson. “The Hawks are thrilled that Steve is joining the ownership group as both our CEO and a partner.”

“I have known Steve for more than two decades and based both on first-hand experience and his stellar record of accomplishments, he is one of the very best executives and creative minds in the entertainment industry,” said NBA Commissioner Adam Silver. “I am thrilled that he is joining the Hawks and bringing his expertise and passion for the game to the team and its fans.”

Steve joins the Hawks following a 14-year stint with Turner Entertainment Networks, where he most recently served as the division’s president. As president, he oversaw programming, marketing, scheduling, strategy and operations for top-rated networks TNT, TBS, TruTV, and Turner Classic Movies. Under his watch, the aforementioned networks have won numerous Emmy Awards and Peabody Awards, as well as established ratings records and critical acclaim. Koonin has been instrumental in the programming and media rights acquisition processes around the NBA and NCAA, and has helped build strong brand franchises in “Inside the NBA” and “NBA on TNT”. Prior to Turner, Koonin was at the helm of presence marketing and worldwide advertising at The Coca-Cola Company, where he spent over a decade. While serving as Coca-Cola’s vice president of sports and entertainment marketing, he was named Sports Executive of the Year by Sports Business Journal.

“I have a deep commitment to Atlanta – my family has been a part of this city for nearly a century. I have watched the excitement and potential of the entire city growing together as our sports teams achieve success,” said Koonin. “I couldn’t be more excited to join the Hawks organization. We have a lot of work to do, but I believe my professional experience, my passion for this team and the NBA, as well as the Hawks’ great existing executive talent, including our President of Basketball Operations/General Manager Danny Ferry and President of Business Operations for the Hawks and Philips Arena President Bob Williams, make this organization’s future very bright.”

A lifelong resident of Atlanta, Koonin has given a great deal back to his native city through his civic involvement. Along with his professional successes, Steve has positively impacted many Atlanta organizations important not only to the Atlanta Hawks, but also the team’s fans, business partners, and community. Koonin serves on the boards of Emory Healthcare, the Georgia Aquarium, the Fox Theatre and the Atlanta Symphony Orchestra. He is a trustee of the Marcus Jewish Community Center of Atlanta. He attended the University of Georgia, where he and his wife, Eydie, recently established the Koonin Scholars Fund at the Grady College of Journalism and Mass Communication. The fund will provide scholarships for Grady students preparing for careers in the creative industries and media.

Mavericks clinch NBA playoff spot with win over Suns

Here’s the Fort Worth Star-Telegram reporting on the Dallas Mavericks, who are back in the playoffs. There is now just one playoff berth left, in the Western conference, and it will go to the Grizzlies or Suns. Anyway:

Champagne might as well have been flowing in the Dallas Mavericks’ locker room after what they were able to accomplish Saturday night.

Down 13 points in the third quarter and in a tense fight for their playoff lives, the Mavs clinched their 13th postseason berth in the past 14 years with a pulsating 101-98 victory over the Phoenix Suns at American Airlines Center.

The Mavericks (49-32) will seek to win 50 games for the first time since the 2010-11 season when they end the regular season Wednesday night in Memphis.

Using every ounce of energy they had, the Mavericks had to rally from a 13-point second-half deficit to beat the Suns, who dropped to 47-33.

Monta Ellis tied his season high with 37 points and Dirk Nowitzki scored 21 of his 23 points in the second half as the Mavericks kept barking at each other on the court during tense moments, and it paid off in the end.

Xavier Henry had both wrist and knee surgery today

xavier henry surgeries

Los Angeles Lakers guard Xavier Henry underwent successful surgeries today to repair both a torn ligament in his left wrist and the cartilage abnormality in his right knee. The wrist surgery was performed by Dr. Steve Shin and the knee surgery was performed by Dr. Steve Lombardo, both at the Kerlan-Jobe Orthopaedic Clinic. Henry is expected to make a full recovery by the beginning of training camp.

In 43 games (five starts) this season, Henry averaged career-highs across-the-board with 10.0 points, 2.7 rebounds and 1.2 assists in 21.1 minutes.

Pelicans sign forward James Southerland

Pelicans sign forward James Southerland

The New Orleans Pelicans announced today that the team has signed forward James Southerland for the remainder of the season.

Southerland (6-8, 221) joins the Pelicans after playing for the NBA D-League’s Los Angeles D-Fenders in 2013-14. The Syracuse product appeared in 42 games (14 starts) with the D-Fenders this season and averaged 14.7 points and 6.5 rebounds in 28.6 minutes per game.

Prior to his release, the 6-8 small forward appeared in one game earlier this season with the Charlotte Bobcats.

Southerland will wear No. 31 and will be available for tonight’s contest against Oklahoma City.