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David Stern on relocation, arenas, Hornets sale

Posted on: February 25, 2012 9:20 pm
Edited on: February 25, 2012 9:26 pm
 
Posted by Ben Golliver

ORLANDO -- No new teams, no relocating teams if at all possible, and a few moments of appreciation for the majesty of world-class arenas.

Those were the takeaway business points from NBA commissioner David Stern, who held his annual press conference before All-Star Saturday, addressing a crowd of more than 100 reporters inside Orlando's new Amway Center. He was joined by deputy commissioner Adam Silver, who spoke up briefly on his particular areas of expertise during the roughly 34 minutes of questions and answers.

There weren't many surprises, and Stern stuck with his customary optimistic tone.

"We had this thing called a lockout," Stern said. "But the recovery has been spectacular for us, and the results of the collective bargaining agreement with the expected leveling of the playing field, and the ability for well‑managed teams to both compete more than our teams have had the opportunity to compete, by some combination of the hugely enhanced revenue sharing and the much larger luxury tax. So we're thinking that we're in for a treat over the years as this situation continues to improve."

But much of the nitty-gritty of the press conference was about tying up some of the uglier loose ends facing the league on the business side. Stern addressed an array of topics related to the league's teams, including ongong arena negotiations in Sacramento, the potential sale of the league-owned New Orleans Hornets, the possibility of an NBA return to Seattle, the New Jersey Nets' upcoming move to Brooklyn, and whether or not the NBA would consider expanding the league past its 30 current teams. Here's Stern's thoughts on each, one by one.

Sacramento Kings

The future of the Kings, who nearly relocated to Anaheim last year and have been hard at work to fund a new arena in Sacramento, drew more questions than any other topic, including New York Knicks guard Jeremy Lin.

"Write this down: life is a negotiation," Stern said, delivering the night's most memorable quip.

Stern met with Sacramento Mayor and former NBA All-Star Kevin Johnson on Saturday with talks expected to continue on Sunday, including representatives from the NBA, Johnson's office, the Maloofs and members of the league's Relocation Committee.

"We have several remaining points that will not necessarily be guaranteed to be bridged, but we're going to give it our best shot tomorrow," Stern said. "We all consider ourselves to have a March 1 deadline to either come up with a financing plan and a critical path to the construction of the arena or not."

Stern said that the NBA would not help "bridge the gap" by loaning money to the Kings. He also said both sides were invested considerably in the negotiations, but that doesn't necessarily mean a deal will eventually be reached.

"The Maloofs have stepped up, the City has stepped up," he said. "We're having very intense conversations.  Sometimes the best‑intentioned and most fervent workers don't quite get to the finish line because there are things that separate them... We're going to see whether we can bridge that gap.  I think both sides deserve it, particularly the City of Sacramento." 

Why hasn't a deal been struck yet?

"The City would like the Maloofs to make the largest ‑‑ both have come up with very substantial contributions.  It's really getting there.  It's just not there yet.  And we're looking for other ways, imaginative ways, to bridge the gap ... It's coming down to money after all of this?  Yeah."

The sale of the New Orleans Hornets

On Friday, reports surfaced that California businessman Raj Bhathal is leading a group into exclusive negotiations to purchase the league-owned Hornets with a deal expected to be struck in the near future. Bhathal would reportedly agree to keep the Hornets in New Orleans.

On Saturday, Stern declined to confirm that Bhathal was the individual involved in the exclusive negotiations, but he did confirm that one of two groups interested in purchasing the Hornets is being given priority in the negotiations. He also said that he was "optimistic" that a deal will be reached between the two sides.

"We are in discussions with one group," Stern said. "We have another group in sort of second place, waiting to see how we do with group one.  We're optimistic that we will make a deal with group one."

Stern said a deal with the new owners cannot be made until the NBA reaches a deal with Louisiana on naming rights for the Hornets' arena, which is expected in the near future.

"We're a little bit behind here because we haven't concluded our deal with the State yet, but I think it's moving closer day by day," he said. "It's progressing well, but it's not finished.  We expect to have it finished, I'm told, in the next week or ten days, and that's the period of time that we would like to hopefully have this deal for the sale of the club come into much sharper focus. 

An NBA return to Seattle?

In recent weeks, the city of Seattle and investor Chris Hansen have made some noise about building an arena in Seattle in hopes of landing a team to replace the SuperSonics, who relocated to Oklahoma City in 2008. Stern confirmed that he had been in contact with Hansen regarding the plans but he seemed to place some distance between the league and Hansen's plans. 

"Chris, who I had met about a year ago, called us two weeks ago to tell us what was going to be announced that Thursday, about a letter laying out a plan, and we thought it was a ‑‑ it sounded okay to us" Stern said. "Go for it. That's all."

Stern then said that his goal was to restrict the number of teams that would be available for relocation. 

"Right now what I'm working hard to do, in a perverse kind of a way, from Seattle's perspective, is to sell New Orleans to stay in New Orleans, and get a building for Sacramento that will enable the Kings to stay in Sacramento.  I can't say for sure [that a new arena in Seattle is] a pathway [to a replacement for the Sonics], but I will say that the only way to have a team these days is to have a world‑class building."

The New Jersey Nets' move to Brooklyn

Stern got back into salesman mode when discussing the upcoming move of the New Jersey Nets to the Barclays Center in Brooklyn for the 2012-2013 season. He lauded the building and sounded genuinely excited about a transformed rivalry between the Nets and the Knicks.

"We are very happy for Bruce Ratner and Mikhail Prokhorov that this building has not only risen from the ground, but it's going to be indoors, completely pretty soon, and it's going to be on time and opening," Stern said. "It is great for Brooklyn.  It is great for the Knicks.  We're going to have a spectacular rivalry. And it's going to be great for the fans of New York City and the NBA to have that kind of a rivalry and that kind of a new building."

Expansion / International Exhibitions

Asked whether the NBA had plans to add any teams, Stern ruled out any new North American franchises.

"I just don't see a North American addition," he said. "We're at 30, and we've got teams that we are working hard on to keep in their cities, to make strong through revenue sharing in our system, to grow their value, their fan base and the like."

Stern then mentioned the possibility, raised in previous years, of an expansion to Europe, before passing the microphone to Silver.

"We'll see," Silver said, with a smile that indicated you shouldn't hold your breath.

Rather than expanding, Stern and Silver mentioned plans to increase exhibitions and regular season games to be played internationally. No definitive plans were set, but both London and Shanghai were mentioned as possible destinations. London was previously scheduled to host two NBA games before the lockout schedule killed those plans.
Comments

Since: Sep 28, 2009
Posted on: February 26, 2012 3:01 am
 

David Stern on relocation, arenas, Hornets sale

David Stern needs to go!!  Although it is too late, he has already killed the NBA as far as I'm concerned.  I will never watch another NBA game for as long as I live!!  Just Imagine selling out Key Arena in Seattle, or another Arena there with Durant and Westbrook and other Sonics now??  Sure they struggled for a few years, but most NBA teams struggle at one point or another, Sonics would be good right now and be putting the Lakers in their place.  Stern and his buddy Clay Bennet should rot in hell for what they have done...stealing a prized piece of Seattle!  Enjoy it while it lasts fans of Oklahoma City, when the team starts to falter and struggle (which they will) people won't want to drive their beat up Ford pickups to see Thunder games no more....then where you gonna go Clay??



Since: Sep 28, 2009
Posted on: February 26, 2012 2:51 am
 

David Stern on relocation, arenas, Hornets sale

Yes, Stern is a liar and a cheat!!  His legacy  (as far as I'm concerned) Is that commisioner who let his buddy steal a franchise that had been established for 40+ years and got the key to Oklahoma City. He will always be remembered in Seattle and the Pacific Northwest as the man who killed the NBA.



Since: Dec 5, 2009
Posted on: February 26, 2012 1:53 am
 

David Stern on relocation, arenas, Hornets sale

Where was this no relocations mentallity when it came to moving the Sonics, David Stern.
That's not even the worst of Stern. Remember when the minority owner of the Sonics, Aubrey McClendon did the interview where he said that the intention all along was to move the team? Remeber Sterns response? He said that he didn't believe that was the intention. Yeah Stern....he sure didn't mean it, did he?

Then after ripping the Sonics away from Seattle, he has the gall to put the guy who did it, Clay Bennett, in charge of the NBA's relocation committee. How easy you think it's going to be to get a team when the guy makes that decision ALREADY ripped off a team from there?

Where was the NBA and their one+ year extentions when Bennnett was stealing Seattles team? Must be nice to be in that sports mecca Sacramento, where the NBA has decided that it is so important that they not leave that they give the city extension after extension and loan their owners hundreds of millions of dollars. Yet, he couldn't beat a path out of the 14th largest market in the country fast enough.....all to head to the 54th largest market.

The NBA is a complete joke. Their business model revolves around have their 4-5 biggest markets having virtually ALL of the stars, while the rest of the league is in shambles.I'd love the NBA if I was in LA, New York, Chicago, Miami........they are trying to build a league where it's 4 Yankees teams and 28 Pittsburgh Pirates.

If I were a Seattle sports fan, I'd want to build the nicest arena money can buy, get an NHL team to occupy it, and when the NBA comes calling begging for that market back again, I'd tell them to get bent. I'd put Monster Truck Rally's and Supercross in the building before I'd give those corrupt scumbags who run that league an opportunity to make a penny.



Since: Sep 11, 2006
Posted on: February 26, 2012 12:02 am
 

David Stern on relocation, arenas, Hornets sale

Where was this no relocations mentallity when it came to moving the Sonics, David Stern.  When the team moved, he said that Seattle would have a team in the next 5-10 years.  We're 4 years in bub!  You're a clown of commissioner!



Since: Oct 26, 2010
Posted on: February 25, 2012 11:39 pm
 

expansion

to make a lot more money, add a couple of teams in europe, china and south ameria--it will be a world championship!



Since: Jun 29, 2011
Posted on: February 25, 2012 11:37 pm
 

David Stern on relocation, arenas, Hornets sale

The NBA does not need to expand.


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