To continue the rampage of changing places and changing faces, the Warriors made a big splash in the free agency category by being sold to minority Celtics partner, Joe Lacob and Mandalay Entertainment CEO Peter Guber for an NBA record, $450 million. Front runner, Larry Ellison, CEO of Oracle (ironically the building where the Warriors play in), has been left out in the cold and Warrior fans are again shaking their heads. From sources around the nation, it has said that Ellison had the highest bid, but the winner for the team went to Lacob and Guber instead. The bid that Ellison put in, apparently, was put in too late and a deal with Chris Cohan, Warriors current owner, and Lacob and Guber were already done. It has sad that Ellison lost the bid since he seems to be a person that would benefit a struggling franchise. He is from the area, knows the fans and would in my opinion, make the Oracle a much better place to play. But this owner and his management team has been dismal from the start, making only 1 playoff appearance in his tenure of ownership. However, with new ownership, it seems inevitable that the current management and coaching will cease to exist. That is probably the best thing that came out of this sale. We will see how the new management make the Warriors better.
Around The League
Officially, Mike Miller is now a Miami Heat. Seems like the Heat are continuing to build a powerhouse down there in South Beach. Miller signed a 5 year deal. Financial terms are not out yet. But one thing is clear, Miller turned down more money with the enticing opportunity for a championship.
Even with signing Quentin Richardson, the Magic have decided to match the offer sheet for JJ Reddick.
The Houston Rockets agreed to a 5-year- deal worth $47 million with Luis Scola.
Kobe Bryant’s attempt to lure Raja Bell to the Lakers have failed and Bell is headed for the Utah Jazz. Bell agreed to a three-year deal worth about $10 million. Bell is excited to return to the place where his stock and career took off.
Since Bell is going to Utah, it is only a matter of time before Shannon Brown and the Lakers agree to a deal. Brown has stated in the past that he would prefer to stay in LA.
Paul Pierce has officially re-signed with the Boston Celtics. Pierce stated that his intentions was never to leave the Celtics but help make cap space for new teammates.
Finally, rumors are flying around that Clippers may look at Tracy McGrady. Poor guy. This guy is rather decent but plagued with injuries and the reputation of under performing in big moments I’d say his value has gone down so much that I’m not even surprised that the Clippers want him. Clippers just want names to fill to the seats, not necessarily people to help them win.