Bucks Notes: Kohl, Edens, Lasry
News broke today that the Bucks’ ownership had officially found a group to purchase the organization. Pending league approval, the ownership of Milwaukee will change hands for the first time since 1985, when Herb Kohl purchased the team from Jim Fitzgerald. Let’s round up the latest news and notes on the Bucks in wake of the sale:
- New owners Wesley Edens and Marc Lasry were one of nine groups bidding for the team, as Steve Greenberg of Allen & Co., the firm overseeing the transfer, told Gery Woelfel of The Journal Times (Twitter link).
- Kohl acknowledged that while there were other good offers on the table, Edens and Lasry were the best fit for the team, reports Charles F. Gardner of the Milwaukee Journal Sentinel (Twitter links).
- A change in ownership will impact the Bucks’ quest for a new arena, and Michael Hunt of the Milwaukee Journal Sentinel looks at what steps ownership will need to take in order to secure a new home court.
Chuck Myron contributed to this post.
Bucks Re-Sign Chris Wright To Multiyear Deal
WEDNESDAY, 10:02am: The Bucks have officially announced the deal.
TUESDAY, 11:22pm: The Bucks have signed Chris Wright for the remainder of the regular season in addition to a non-guaranteed season in 2014/15, reports Charles F. Gardner of the Milwaukee Journal Sentinel. The 6’9 forward is now expected to participate with Milwaukee’s summer league team and be included in training camp. Gardner adds that the signing will give the Bucks some added flexibility in trade scenarios this summer.
Wright played on a pair of ten-day contracts with Milwaukee this year, one signed on March 14th and the other on April 5th, respectively. In his most recent stint, the Dayton native played 15 MPG in each of the team’s last five games, averaging 6.0 PPG, 2.2 RPG, and one steal per game to go along with 66.7% shooting from the field overall.
Latest On Potential Bucks Sale
3:27pm: Woelfel wouldn’t be surprised if the new owners aren’t among those previously reported to be in the mix (Twitter link).
APRIL 15TH, 3:20pm: Kohl has selected the group he’ll sell to, Woelfel tweets. Woelfel doesn’t specify whether it’s a majority or minority stake that’ll change hands, but judging from his reporting to this point, he’s likely referring to a controlling interest in the Bucks.
APRIL 11TH: The NBA’s Board of Governors will likely make the Bucks one of the primary topics of discussion at their meeting next week, and there’s a “distinct possibility” that they’ll reveal new ownership for the team, according to Gery Woelfel of The Journal Times. A pair of reports refuted Woelfel’s assertion last month that longtime owner Herb Kohl was likely to give up control of the team this spring, but Woelfel once more suggests a principal stake in the team is up for grabs.
Kohl has set the price at $500MM, Woelfel writes, which scared off potential investor Craig Leipold, who is the majority owner of the NHL’s Minnesota Wild. Still, there are a number of other buyers who appear to be in play, as Woelfel details. Mark Attanasio, the principal owner of baseball’s Milwaukee Brewers, partnered with former Grizzlies owner Michael Heisley when he was reportedly close to buying the Bucks last year, but Heisley’s poor health has caused him to drop out of the mix. Attanasio nonetheless has strong ties to Steve Greenberg of Allen & Co., the firm that Kohl has hired to conduct the sale of the team, as does agent Arn Tellem, another rumored suitor, according to Woelfel.
Red Sox chairman and former Padres owner Tom Werner is also in the running for the Bucks, and so is a group of investors from Chicago, Woelfel reports. Former Raptors and Suns executive Bryan Colangelo appears to be linked to the Chicago group, and some around the league tell Woelfel that they believe there’s a chance he’ll head up the team’s basketball operations if the Chicago investors wind up taking over the team.
Health care executive Jon Hammes in the running, most likely for a minority stake, Woelfel writes. Woelfel reiterates the rumors connecting one-time Bucks player Junior Bridgeman and former Timberwolves GM David Kahn to the sale of the team. Chicago-based entrepreneur and neuropsychologist Dr. Richard Chaifetz has publicly expressed interest in owning an NBA team, Woelfel notes, but it’s not clear if he’s connected to the other Chicago investors.
Kohl and the NBA have been aggressively seeking a new arena for the Bucks in Milwaukee, and though it appears that security public funding will be an uphill fight, Kohl has been intent on ensuring the franchise remains in local hands. The principal figure in a group of investors from Seattle, which nearly became the new home of the Kings last year, recently said that he and his partners remain poised to bring an NBA team to the Emerald City.
Eastern Notes: Bucks, Anthony, Pistons
More information surrounding the potential sale of the Bucks continues to emerge. Mike Dunleavy is part of an newly reported investment group that was interested in purchasing a share of ownership, but a separate, local group is finalizing a deal with Herb Kohl, per Mitch Lawrence of New York Daily News. Charles F. Gardner of The Journal Sentinel counters that report, saying that there is activity but that there is no definitive partnership yet. It is still unknown whether the rumored purchases are for minority or majority ownership of the team. Here’s more from the East:
- It’s well known in league circles that Bulls coach Tom Thibodeau would love to acquire Carmelo Anthony, according to K.C. Johnson of The Chicago Tribune. Johnson believes Chicago will make exhaustive attempts to complete a sign-and-trade for Anthony, but deems their chances a long shot.
- Knicks coach Mike Woodson took responsibility for New York’s failure to make the playoffs, Al Iannazzonne of Newsday reports. All reports point to Woodson being fired after coming up short in the pursuit of the eighth seed.
- Vincent Goodwill of The Detroit News lists five potential candidates to replace Joe Dumars as the next Pistons GM.
- While most agree that Dumars’ looming resignation as the Pistons GM is appropriate, Chad Ford of ESPN.com says his personal opinion of Dumars is very high (via Twitter). Of all the GMs that Ford has interacted with, he places Dumars in his top five.
- Nikola Vucevic has been shut down for the season, mainly as a precautionary measure by the Magic, per Josh Robbins of The Orlando Sentinel.
Eastern Notes: Knicks, Sixers, Brown
The Knicks have a plan for the future that they will pitch to Carmelo Anthony, writes Marc Berman of The New York Post. The plan will be to re-sign Anthony this summer, bottom out in the 2014/15 standings, clear the contracts of Amar’e Stoudemire, Andrea Bargnani, and Tyson Chandler, then make a big free agent signing during the summer of 2015, opines Berman.
More from the east:
- The Sixers rebuilding process is going to take time and patience, writes Tom Moore of Calkins Media. Moore’s piece looks at a number of the obstacles the team will have to face, along with the positive factors the Sixers have going for them.
- There are several factors that would indicate the Cavaliers intend to bring back coach Mike Brown for next season, writes Bob Finnan of The Morning Journal. Finnan points to the team’s improved play as of late, the need for stability, and the remaining four years on Brown’s contract as some of the primary things that could net Brown another season in Cleveland.
- Charles Gardner of The Milwaukee Journal Sentinel examines what the Bucks’ plan for Giannis Antetokounmpo is this coming summer.
Poll: Experienced Coach Or First-Timer?
As we approach the end of the NBA regular season, it’s the time of year when the annual coaching carousel begins to spin and a slew of faces will end up in brand new places. Heading into the 2013/14 season there were a total of 13 coaching changes, which if you’re keeping score at home, is the most ever in a single offseason.
We won’t know for sure just how many teams will be making a change on their bench until the playoffs are over. Normally you would think a playoff spot would ensure job security, but Lionel Hollins, Vinny Del Negro, and Larry Drew all weren’t retained after reaching the playoffs last year. So the exact number of vacancies are up in the air, but we know there will be some.
If your team is making a head coaching change, which would you prefer in your new hire? Do you want a veteran coach with years of experience to lead your team? One who has a proven track record, but also could be carrying baggage and bad habits picked up throughout the years. Or, would you prefer the energy and new ideas a first-time coach can provide? A new coach has more to prove, and might be more in touch with the pulse and culture of his players, but has no experience to rely on, and no track record to predict future performance.
Let’s look at how this year’s crop of new coaches fared as an example. First up, the ones with prior experience:
- Doc Rivers (Clippers): The team is 55-24, first in the Pacific Division, and the third seed in the playoffs. Last year’s team went 56-26 under Vinny Del Negro, before Del Negro wasn’t retained and the team traded for Rivers.
- Maurice Cheeks (Pistons): He was fired 50 games into the year with a record of 20-29. Detroit was 29-53 in 2012/13 under Lawrence Frank. After the team signed Josh Smith and Brandon Jennings in the off season, owner Tom Gores expected a much better record and for the team to make the playoffs.
- Mike Brown (Cavaliers): The team sits at 32-47, which is good for tenth in the eastern conference. Last year under Byron Scott the team had a record of 24-58 and ended up with the first overall selection in the draft.
- Larry Drew (Bucks): The Bucks sit at 14-64. which is good for the worst record in the league. In 2012/13 under Scott Skiles and Jim Boylan the team went 38-44.
Now for how the first-time coaches performed:
- Jason Kidd (Nets): The Nets are at 43-35, which is good for the fifth overall playoff seed. Kidd replaced interim coach P.J. Carlesimo, whose team finished 2012/13 with a record of 49-33.
- Brad Stevens (Celtics): Stevens, taking over for Doc Rivers, has gone 23-55, but has the re-building team heading in a positive direction. Last year’s team went 41-40.
- Mike Budenholzer (Hawks): The Hawks have gone 35-43 and currently hold the final playoff spot in the east. Last year’s Larry Drew led squad went 44-38.
- Steve Clifford (Bobcats): Clifford has led the Bobcats to a 40-38 record and the sixth seed in the east. Under Mike Dunlap the team went 21-61 during last year’s campaign.
- Brian Shaw (Nuggets): The Nuggets have been hampered by injuries all season, and sit at 35-44. Shaw replaced coach of the year winner George Karl, who led the team to a record of 57-25.
- David Joerger (Grizzlies): Joerger replaced Lionel Hollins and has guided the team to a record of 46-32, and has the team is one game out of the final playoff spot. Last year the team went 56-26.
- Brett Brown (Sixers): Under Brown the Sixers have the second worst record in the league at 17-61, including a record-tying 26 game losing streak. Last season under Doug Collins, the team went 34-48.
- Jeff Hornacek (Suns): The Suns are one of the most improved teams in the league with a record of 47-31, and hold the seventh seed in the western conference. Last year under Lindsey Hunter and Alvin Gentry the team went 25-57.
- Mike Malone (Kings): Under Malone the Kings have gone 27-52. During the 2012/13 season under Keith Smart the team ended up 28-54.
This means that in their first seasons with their new teams, experienced coaches went 121-164 (.424), and the first-timers went 313-391 (.444). There are many different factors outside a coach’s control that contribute to the team’s final record, but the nature of the NBA is that the coach is the first one to take the heat.
Now it’s time to vote. If your team makes a coaching change this off season, do you want an experienced person hired, or would you prefer the team brings in a brand new face? Cast your vote below and feel free to give your thoughts in the comments section below.
Would You Prefer First-Time Head Coach, Or One With Experience?
-
Bring on the new blood and give me a first-time coach. 53% (234)
-
Give me an experienced coach. 47% (204)
Total votes: 438
Central Rumors: Brewer, James, Cavs, Sanders
The Bulls have made four roster moves in the past week, waiving Erik Murphy and signing Ronnie Brewer, Mike James and Louis Amundson. Still, more meaningful changes seem likely to come from elsewhere in the Central Division, where the Pistons and Cavaliers will probably be searching for new top basketball executives in the weeks ahead. Here’s the latest from around the Central:
- Chicago’s contracts for Brewer and James extend through next season with non-guaranteed salary, reports K.C. Johnson of the Chicago Tribune. Johnson suggests the Bulls structured those deals with offseason trades in mind, though it’s worth noting that neither is eligible to be traded until after the July Moratorium.
- Cavs interim GM David Griffin believes in the backcourt pairing of Kyrie Irving and Dion Waiters, tweets Sam Amico of Fox Sports Ohio, who thinks it’s unlikely that either will be traded if Griffin is formally named GM.
- It was clear that the Bucks had no intention of bringing Larry Sanders back to play this season, writes SB Nation’s Tom Ziller. So, the revelation that the team and the NBA deemed him medically ready, allowing him to begin serving his suspension this year instead of next, shines a light on the league’s tanking problem, Ziller opines.
Eastern Notes: Sanders, Sixers, Cavs
Larry Sanders‘ five-game suspension began tonight, per Charles F. Gardner of The Milwaukee Journal Sentinel. Sanders was already ruled out for the rest of the season due to injury, but a source tells Gardner that Sanders received medical clearance so that the league would allow his suspension to begin now. The Bucks have five games remaining, so Sanders won’t miss any time to begin the 2014/15 campaign. The Bucks will have Sanders, if healthy, available to start the season, and the big man will lose significantly less in prorated pay by serving the suspension on the last year of his rookie scale deal ($3.1MM) rather than the first year of his hefty extension ($11MM). Here’s more from around the East:
- Coach Brett Brown told Tom Moore of Calkins Media that it’s “really important” that the Sixers find a star in the draft this summer. Philly could wind up with two top-10 picks, one of which could become the No. 1 overall selection if the ping pong balls bounce in their favor.
- Brown also told Moore that it’s too early to project whether rookies Michael Carter-Williams or Nerlens Noel could become stars in their own right. “Stars want to play with stars. And it’s too early to say anything about Michael (Carter-Williams) or what you can project Nerlens (Noel) out to be. Just because somebody’s chosen high in the draft doesn’t mean they’re going to be a star, either,” said Brown.
- In a video spot, Keith Pompey of The Philadelphia Inquirer, says that the Sixers should keep Henry Sims around next year. Sims is under a non-guaranteed, $0.9MM contract for next season, and the second-year center has averaged 11.3 points and 7.1 rebounds per game this season.
- The Cavs recalled Scotty Hopson and Sergey Karasev from their D-League affiliate prior to tonight’s game, per a tweet from Bob Finnan of The News-Herald.
Eastern Notes: Hardaway, Noel, Sixers
It looks more and more likely that Nerlens Noel won’t play a minute in his first year with the Sixers, but the sixth pick from last year’s draft told reporters including Tom Moore of Calkins Media that he’s looking forward to playing over the summer. “It’s going to be a great summer, I feel,” he said. “I’m definitely gong to put a lot of work in this summer and bring my game along. I don’t know all the details to [the summer league], but obviously I’ll be able to play.” Here’s a roundup of the notes coming from the Atlantic:
- Daniel Friedberg of RealGM.com thinks that the Sixers roster, sorely lacking in lasting NBA talent, could contain some worthwhile bench players in Henry Sims and Hollis Thompson.
- Fred Kerber of The New York Post says Tim Hardaway Jr. has proven to be a draft-day steal, and league executives and scouts tell Kerber the Knicks should hang on to the young forward rather than wield him as a trade asset.
- Forward Andrew Nicholson hoped to improve upon his successful rookie campaign this year, but the Magic sophomore has struggled mightily with his shot. The 24-year-old tells John Denton of Magic.com that he is doing his best to keep his confidence. “We’re human, too. So naturally [confidence battles] will happen,” Nicholson said. “I’ve just got to get my rhythm back and go back to what I’m really, really good at. I’ve just got to get back to that, really.”
- Bucks small forward Chris Wright is desperate to prove himself as he plays out his second 10-day contract for Milwaukee, he tells Charles F. Gardner of The Journal Sentinel. “If I prepare myself well, whatever is thrown at me, I’ll be able to handle it,” said Wright, who has four games left to demonstrate his worth. “I trust they do have confidence in some of the things I can do. I wouldn’t say I count myself out. At the same time, anything can change. So I’m just ready for whatever happens.”
Central Rumors: Stephens, Hawes
The Cavs and Pistons both had their sights on a playoff berth heading into this season, and their failure to reach the postseason is even more disappointing considering the Eastern Conference’s overall weakness this year. The Pacers are the latest team to disappoint out of the Central, playing .500 ball since the All-Star break, and dropping to the second seed could prove costly if and when they try to advance past the Heat and into the Finals. Here’s more from the struggling division:
- Former Bucks shooting guard D.J. Stephens will play with Turkey’s Anadolu Efes for the rest of the season, tweets Boston Globe correspondent Jake Fischer. Stephens joined Milwaukee on a 10-day contract last month.
-
Spencer Hawes has been a bright spot for the Cavs since coming over at the trade deadline, and he tells Jodie Valade of The Plain Dealer that he could see himself back with Cleveland next year. “I like it here, I think it’s a good fit,” said Hawes, who will become an unrestricted free agent this summer. “And when July comes you kind of see how the other side of the game, how that all fits together.”
- For his part, Cavs coach Mike Brown tells Bob Finnan of The News-Herald that he likes the intensity that Hawes brings to the team. “I’d like all the guys back,” Brown said. “You know how that process goes.”