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Bucks threaten to move to Seattle or Vegas
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aTxTIGER Offline
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Bucks threaten to move to Seattle or Vegas
...if they can't get a new arena.Would love to move to the East.
07-07-2015 08:59 AM
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k2tigers Offline
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Post: #2
RE: Bucks threaten to move to Seattle or Vegas
the first major pro team for Vegas will be the NHL

Seattle makes more sense, but they too have to build a new arena
07-07-2015 09:09 AM
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Collegiate Black Man Offline
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Post: #3
RE: Bucks threaten to move to Seattle or Vegas
(07-07-2015 09:09 AM)k2tigers Wrote:  the first major pro team for Vegas will be the NHL

Seattle makes more sense, but they too have to build a new arena

I thought Milwaukee just approved a new arena for the Bucks?
07-08-2015 04:32 PM
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Latilleon Offline
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Post: #4
RE: Bucks threaten to move to Seattle or Vegas
(07-07-2015 08:59 AM)aTxTIGER Wrote:  ...if they can't get a new arena.Would love to move to the East.

The NBA put an ultimatum that Milwaukee had to build a stadium by 2018 for the city to keep the team over a year ago.
07-11-2015 06:52 PM
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Latilleon Offline
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Post: #5
RE: Bucks threaten to move to Seattle or Vegas
(07-07-2015 09:09 AM)k2tigers Wrote:  the first major pro team for Vegas will be the NHL

Seattle makes more sense, but they too have to build a new arena

Kansas City, Las Vegas, and Louisville all (will) have new NBA quality arenas.

Seattle and Norfolk/Virginia Beach would also bid.

So whichever city can provide the most advantageous package (plus a deal so Vegas takes NBA games with the Vegas franchise off the sports books) would get the team.

Seattle has the money to buy the team, but it hasn't been willing to publicly build a stadium. If the billionaires there can't buy the team, they might not be willing to privately pay for the stadium.

Added note: if the NBA buys the team to sell it... It'll be hard for the other cities to beat Seattle which will have billionaires willing to overpay for a new Sonics team.
(This post was last modified: 07-11-2015 07:02 PM by Latilleon.)
07-11-2015 06:56 PM
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Latilleon Offline
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Post: #6
RE: Bucks threaten to move to Seattle or Vegas
(07-08-2015 04:32 PM)Collegiate Black Man Wrote:  
(07-07-2015 09:09 AM)k2tigers Wrote:  the first major pro team for Vegas will be the NHL

Seattle makes more sense, but they too have to build a new arena

I thought Milwaukee just approved a new arena for the Bucks?

The State is voting on building a stadium but it is controversial because the state is cutting funding to other areas like education. If a stadium deal isn't reached by 2017, the NBA buys the team and moves it.
07-11-2015 07:00 PM
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Tiger1983 Offline
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RE: Bucks threaten to move to Seattle or Vegas
Unlike the Bucks, I think the Griz will not threaten to leave Memphis for a new building. The Girz are now woven into the fabric of Memphis and will not be easily rended, IMO.
07-12-2015 07:22 AM
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Latilleon Offline
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Post: #8
RE: Bucks threaten to move to Seattle or Vegas
(07-07-2015 08:59 AM)aTxTIGER Wrote:  ...if they can't get a new arena.Would love to move to the East.

If the Buck moved to Seattle...

I guarantee the TWolves take their place in the Central and they go to the P NW division.

Makes more sense to have the TWolves in the division with the midwestern teams.

We are closer the Dallas, NOLA, and Houston than Minneapolis is.
07-12-2015 09:43 AM
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Bathtub Gin Offline
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Post: #9
RE: Bucks threaten to move to Seattle or Vegas
(07-12-2015 07:22 AM)Tiger1983 Wrote:  Unlike the Bucks, I think the Griz will not threaten to leave Memphis for a new building. The Girz are now woven into the fabric of Memphis and will not be easily rended, IMO.

Originally the oracle ceo who wanted to buy the grizz and move them to San Jose ran his mouth after heisley told him not too. Because he publicly said he wanted to move the team, heisley wouldn't sell the grizz to him anymore because it would create a pr nightmare. If Ellison said he wanted to keep the grizz here, he would be the owner, not Pera and they would be somewhere in California
07-12-2015 11:23 AM
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Latilleon Offline
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Post: #10
RE: Bucks threaten to move to Seattle or Vegas
(07-12-2015 11:23 AM)Bathtub Gin Wrote:  
(07-12-2015 07:22 AM)Tiger1983 Wrote:  Unlike the Bucks, I think the Griz will not threaten to leave Memphis for a new building. The Girz are now woven into the fabric of Memphis and will not be easily rended, IMO.

Originally the oracle ceo who wanted to buy the grizz and move them to San Jose ran his mouth after heisley told him not too. Because he publicly said he wanted to move the team, heisley wouldn't sell the grizz to him anymore because it would create a pr nightmare. If Ellison said he wanted to keep the grizz here, he would be the owner, not Pera and they would be somewhere in California

Even if Ellison had bought the team, it would have been a legal nightmare for him to try to move the team before the lease at FedExForum was up. The NBA would have stopped it. Plus the Warriors and Kings would have vigorously protected their market.
07-12-2015 02:26 PM
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WaywardMemphian Offline
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Post: #11
RE: Bucks threaten to move to Seattle or Vegas
Love to see KC get them.
07-13-2015 02:37 PM
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ncrdbl1 Offline
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Post: #12
RE: Bucks threaten to move to Seattle or Vegas
(07-12-2015 07:22 AM)Tiger1983 Wrote:  Unlike the Bucks, I think the Griz will not threaten to leave Memphis for a new building. The Girz are now woven into the fabric of Memphis and will not be easily rended, IMO.

So a team which has been in he same city for 47 years isn't woven in the fabric of the city?

As soon as the Griz are legally allowed to move they will use it as bargaining stick.
(This post was last modified: 07-14-2015 02:17 AM by ncrdbl1.)
07-13-2015 04:28 PM
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Tiger1983 Offline
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Post: #13
RE: Bucks threaten to move to Seattle or Vegas
(07-13-2015 04:28 PM)ncrdbl1 Wrote:  
(07-12-2015 07:22 AM)Tiger1983 Wrote:  Unlike the Bucks, I think the Griz will not threaten to leave Memphis for a new building. The Girz are now woven into the fabric of Memphis and will not be easily rended, IMO.

So a team which has been in he same city for 47 years isn't women in the fabric of the city?

As soon as the Griz are legally allowed to move they will use it as bargaining stick.

The fans give their loyality to the Griz and I think the Griz will reciprocate.
07-13-2015 08:50 PM
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BigTigerMike Offline
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Post: #14
RE: Bucks threaten to move to Seattle or Vegas
When ever has the NBA ever denied a team moving in recent times? They didn't like Seattle leaving at first but approved of it later on i believe
07-13-2015 08:52 PM
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OneShiningMoment Away
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RE: Bucks threaten to move to Seattle or Vegas
(07-12-2015 02:26 PM)Latilleon Wrote:  
(07-12-2015 11:23 AM)Bathtub Gin Wrote:  
(07-12-2015 07:22 AM)Tiger1983 Wrote:  Unlike the Bucks, I think the Griz will not threaten to leave Memphis for a new building. The Girz are now woven into the fabric of Memphis and will not be easily rended, IMO.

Originally the oracle ceo who wanted to buy the grizz and move them to San Jose ran his mouth after heisley told him not too. Because he publicly said he wanted to move the team, heisley wouldn't sell the grizz to him anymore because it would create a pr nightmare. If Ellison said he wanted to keep the grizz here, he would be the owner, not Pera and they would be somewhere in California

Even if Ellison had bought the team, it would have been a legal nightmare for him to try to move the team before the lease at FedExForum was up. The NBA would have stopped it. Plus the Warriors and Kings would have vigorously protected their market.

when is the lease up tween FedExForum and the Griz?
07-13-2015 11:06 PM
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Latilleon Offline
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Post: #16
RE: Bucks threaten to move to Seattle or Vegas
(07-13-2015 11:06 PM)OneShiningMoment Wrote:  
(07-12-2015 02:26 PM)Latilleon Wrote:  
(07-12-2015 11:23 AM)Bathtub Gin Wrote:  
(07-12-2015 07:22 AM)Tiger1983 Wrote:  Unlike the Bucks, I think the Griz will not threaten to leave Memphis for a new building. The Girz are now woven into the fabric of Memphis and will not be easily rended, IMO.

Originally the oracle ceo who wanted to buy the grizz and move them to San Jose ran his mouth after heisley told him not too. Because he publicly said he wanted to move the team, heisley wouldn't sell the grizz to him anymore because it would create a pr nightmare. If Ellison said he wanted to keep the grizz here, he would be the owner, not Pera and they would be somewhere in California

Even if Ellison had bought the team, it would have been a legal nightmare for him to try to move the team before the lease at FedExForum was up. The NBA would have stopped it. Plus the Warriors and Kings would have vigorously protected their market.

when is the lease up tween FedExForum and the Griz?

Twenty years (2024?) but I think it was extended when Pera bought the team.
07-14-2015 01:17 AM
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Latilleon Offline
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RE: Bucks threaten to move to Seattle or Vegas
(07-13-2015 08:52 PM)BigTigerMike Wrote:  When ever has the NBA ever denied a team moving in recent times? They didn't like Seattle leaving at first but approved of it later on i believe

Seattle was a set-up that Stern was involved.

The Grizzlies tried to move to St. Louis when Bill Laurie (where have I heard that name?) bought the team in 1999. David Stern wasn't having it, and Laurie cancelled the purchase. Heisley bought the team a year later and went about relocation as Stern wanted it to go. But remember he wanted to move to Vegas.

The Twolves were moving to New Orleans, and Stern stopped that.

The Rockets were moving to Louisville. That was stopped. It was Louisville officials coming to FedEx for naming rights money which led to Memphis business officials working to get an NBA team in Memphis.

The Kings were moving to Anaheim one year and Seattle the next. Both were nixed.

And David Stern did not want the Hornets to move to NOLA. And if it weren't for Katrina, the Hornets would have probably been relocated out of NOLA when owner George Shinn had money trouble and sold the team to the NBA. But after Katrina, the NBA would have looked like jerks to leave the city.

So Katrina lead to NOLA keeping its team and Seattle losing theirs.

The Thunder owner Clay Bennett was a former minority owner of the Spurs and David Stern's friend. So it's hard to believe Stern didn't know Bennett always intended to move the Sonics to OKC. Bennett was the reason the Hornets played in OKC in 2005 and why they basically sold out that season. Seattle refused to build a public arena for the Sonics after doing so for the Mariners and Seahawks (It did spend $100 million to renovate Key Arena) so Stern was "Eff Seattle!"

Irony? So the owner of the Sonics was the guy who CEO of Starbucks (Howard Schultz). He was having financial difficulty because he wasn't as liquid rich at the time as he needed to be to afford a major league franchise. He was trying to sell the team and despite Seattle having some of the richest people in the world, no one there wanted to buy the team.

Ten years later, groups in Seattle were willing to buy the Kings for a billion and private finance an NBA quality arena.

STERN HAS OK’D 6 RELOCATIONS; BLOCKED A 7TH

Quote:The National Basketball Association has approved the relocation of nearly two dozen franchises since 1950, including six since David Stern succeeded Larry O’Brien as commissioner in 1984. Due to retire early next year, Stern would have seven relocations on his watch if the NBA hadn’t blocked the sale of the Minnesota Timberwolves to New Orleans interests in 1994.

While the Minnesota case provides the closest parallel to Seattle’s efforts to convince the NBA to approve the sale of the Sacramento Kings to Chris Hansen, Steve Ballmer et al, the particulars of it differ significantly from the Seattle vs. Sacramento competition over the Kings and offer no clues as to whether NBA owners will vote to keep the Kings in Sacramento or move them to Seattle.

In the Minnesota situation, T-Wolves’ owners Marv Wolfenson and Harvey Ratner were upside down — $73 million worth — on their mortgage on the Target Center, the team’s arena built as part of the franchise’s 1989 entry into the NBA. Wolfenson and Ratner sought public and private investment to purchase the mortgage, but when they failed to find takers, they announced that the team would be sold and probably moved out of Minnesota.

Stern and the league offered to mediate a resolution, but before talks between Wolfenson and Ratner and their debtors could take place, Wolfenson and Ratner revealed that they had engaged in talks to sell the T-Wolves with representatives of three cities, San Diego, Nashville and New Orleans. San Diego eventually dropped out, pitting Nashville against New Orleans.

In May 1994, New Orleans pushed Nashville aside when an ownership group called “Top Rank” announced a purchase price of $152.5 million. Fearing the loss of the franchise, the Minnesota legislature approve a bill that would have earmarked $48 million in public funds for the purchase of the Target Center. That proposed purchase, which bunched up thousands of boxer shorts in the Twin Cities, was contingent on T-Wolves ownership agreeing to a 30-year lease.

But no local ownership emerged to either match or exceed the $152.5 million Top Rank offered. Top Rank announced May 23 it had completed the purchase and would move the franchise to New Orleans. On June 6, 1994, Top Rank filed paperwork with the NBA seeking to relocate the T-Wolves for the 1994-95 season.

The Hansen-Ballmer group, as had Top Rank 19 years ago, has purchased a franchise (Sacramento), announced its relocation for the next season, and filed paperwork with the NBA. But here’s where the stories diverge in Seattle’s situation versus that of Minnesota’s.

When NBA owners got into the weeds of Top Rank’s offer, they discovered that $40 million of the $152.5 million purchase price came from unknown — or at least unidentified — investors; that more than $76 million of the purchase price would come via loans from banks that had yet to commit to those loans; and that nearly $50 million more would come from “projected revenues” from an un-built arena in New Orleans.

Based on such financial flimsiness, the NBA’s relocation committee voted unanimously June 5 to block the sale of the T-Wolves to Top Rank. On June 21, 1994, the league officially denied sale of the franchise to Top Rank. The attempted relocation eventually resulted in Minneapolis businessman and former state senator Glen Taylor purchasing the franchise and keeping it in town. Top Rank sued, but a federal judge tossed it out.

Since the Hansen-Ballmer group obviously won’t issue the kind of financial smoke screen that Top Rank did, the NBA would have to block a move of the Kings from Sacramento to Seattle on other grounds — a matching or competitive offer by Sacramento’s new owners, the NBA’s disinclination to have “Relocation No. 7″ mar Stern’s farewell months, or even the league’s desire not to punish loyal Sacramento fans.

Seattle and Sacramento sides made their respective cases to the NBA’s relocation committee Wednesday and will make a recommendation prior to a vote of the Board of Governor April 19. Hold tight, Seattle fans, to your briefs.

————————————————-

No city played host to an NBA franchise longer than Seattle — 41 years — before losing the team to another city. Only one city, San Diego, has twice lost NBA franchises, the Rockets moving to Houston in 1971 and the Clippers leaving for Los Angeles in 1984.The following are the major NBA franchise relocations since 1950 (list does not include the temporary move of the New Orleans Hornets to Oklahoma City in 2005 due to Hurricane Katrina):

Year Spurned Years* Blessed Relocation Reason
2012 New Jersey 35 Brooklyn Team sold to Brooklyn businessmen
2008 Seattle 41 Okla. City OKC owner wanted team in his city
2002 Charlotte 14 N. Orleans Fan revolt against owner George Shinn
2001 Vancouver 6 Memphis Weak Canadian dollar; lockout fallout
1985 Kansas City 10 Sacramento Minuscule attendance in Kansas City
1984 San Diego 6 Los Angeles Poor attendance, bad arena lease
1979 New Orleans 5 Utah Team couldn’t turn profit in N. Orleans
1978 Buffalo 8 San Diego Team sold to California-based owner
1972 Cincinnati 15 Kansas City Team sold to Kansas City businessmen
1971 San Diego 4 Houston Low attendance in San Diego
1968 St. Louis 13 Atlanta St. Louis refused to build new arena
1963 Syracuse 14 Philadelphia Syracuse too small for NBA
1963 Chicago 2 Baltimore Chicago didn’t embrace NBA until Bulls
1962 Philadelphia 16 San Fran Team sold to California owner
1960 Minneapolis 12 Los Angeles Lakers fizzled after George Mikan
1957 Rochester 9 Cincinnati Rochester couldn’t turn profit
1957 Fort Wayne 9 Detroit Fort Wayne too small for NBA
1955 Milwaukee 5 St. Louis Poor attendance in Milwaukee
1951 Tri-Cities 2 Milwaukee Tri-Cities (Illinois) too small for NBA
*=Years the team played in the spurned city
(This post was last modified: 07-14-2015 01:43 AM by Latilleon.)
07-14-2015 01:32 AM
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