Jul 29, 2014 12:21 AM EDT
Blake Griffin withdrew from Team USA's training camp because he was advised by doctors to give more time to heal a small fracture in his back before the NBA season, according to sources.
Griffin is expected to make a full recovery before the Los Angeles Clippers' training camp. He suffered the back injury during the playoffs and doctors advised him to sit out of the international competition.
Griffin and Kevin Love both withdrew from Team USA ahead of training camp on Monday.
Jul 28, 2014 6:39 PM EDT
A judge ruled in favor of Shelly Sterling on all three counts, rejecting virtually all of Donald Sterling's arguments in the probate trial in Los Angeles Superior Court.
The ruling included the extraordinary step of granting Shelly Sterling’s request for an order that allows the sale to be completed regardless of an appellate court’s intervention.
Judge Michael Levanas also ruled that Shelly Sterling acted properly when two doctors declared her husband mentally incapacitated in May under terms of the Sterling Family Trust before she proceeded to agree to sell the Clippers to Steve Ballmer.
The sale of the Clippers to Ballmer will proceed.
Jul 24, 2014 12:49 PM EDT
The Los Angeles Lakers have still not hired a head coach and two sources disputed the notion that they are potentially waiting to see if Doc Rivers becomes available with the Donald Sterling situation dragging out.
Rivers would not be expected to remain head coach of the Los Angeles Clippers if the sale of the franchise to Steve Ballmer is overturned.
The Lakers haven't interviewed any candidates since free agency began with the exception of Byron Scott. The Lakers also have not currently scheduled any future interviews and Scott is considered the favorite.
Jul 24, 2014 10:37 AM EDT
Steve Ballmer severely overbid for the Los Angeles Clippers based on the expected 2014 revenues of the franchise.
Ballmer's $2 billion bid is 12.1 times the expected 2014 revenues.
The book, called "Project Claret" so as not to give away on the cover sheet that these numbers are indeed the financials of the Clippers, reveals that the team is projected to finish the year with $62.3 million in revenues from ticket sales, $25.8 million from its local cable contract and $24.1 million in additional team revenue. The Clippers are also projected to receive $52.7 million on the season in shared national league revenue, according to the document. After taking away player payroll costs, total operating revenue for the 2013-14 season is projected to be $100 million.
Valuation multiples are usually based on total revenues, so the $164.9 million before player costs are extracted equals more than 12 times less than the $2 billion sale price.
"No team in the history of sports has sold for six times total revenues, so that should give you an idea of how crazy this purchase price is," said a sports banker who was not involved in the transaction.
The document cites a five-year mean of teams that have been purchased during that time at a sales price of 3.4 times total revenue.
Donald Sterling testified earlier this month that he could have gotten at least $2.5 billion for the team.
Jul 23, 2014 10:40 AM EDT
Donald Sterling filed a suit in Superior Court on Tuesday afternoon seeking damages from the NBA, Adam Silver and Shelly Sterling, alleging they defrauded him and violated corporate law in attempting to sell the franchise to Steve Ballmer.
Sterling asked for an injunction to freeze the $2 billion sale, arguing that his wife had no authority to sell the franchise because he is the sole owner and shareholder of the corporation which owns the Clippers, after he revoked the Sterling Family Trust on June 9.
"The new lawsuit states the seller of the team is not Donald, and it's not Shelly -- the seller of the team is the corporation that owns the team, and that's LAC Basketball Club Inc.," Donald Sterling's attorney, Bobby Samini, said Tuesday. "When Donald bought the team, the shares of the corporation are only in Donald's name. They were only issued to Donald, so Donald owns the shares of the corporation. He's the sole shareholder. He put the shares up into the trust in 1989, and when we revoked the trust, the shares go back down to him."
Sterling is attempting to undo the sale in order to fight the NBA in court.
Jul 14, 2014 2:57 PM EDT
Baron Davis has been training and hopes to make a return to the NBA this season.
Davis said the Los Angeles Clippers and Golden State Warriors would be the best fits and that he could play 15 to 20 minutes per game.
Davis suffered a torn ACL and MCL in the 2012 NBA Playoffs while with the New York Knicks.
Davis previously played for both the Clippers and Warriors.
Jul 09, 2014 8:53 PM EDT
Free agent Anthony Tolliver has been in substantial conversations with six NBA teams – including the Los Angeles Clippers and Cleveland Cavaliers – as a stretch-forward addition, league sources told RealGM.
Tolliver has also received interest from the Detroit Pistons, Washington Wizards, San Antonio Spurs and Charlotte Hornets among other organizations, sources said, and teams expect a possible signing next week.
For a playoff team in Charlotte, Tolliver averaged 6.1 points and 2.6 rebounds while shooting 41.3 percent from three-point range. He developed a strong relationship with coach Steve Clifford and a leadership role within the Hornets’ locker room.
Tolliver, 29, has averaged 6.1 points and 3.7 rebounds over six NBA seasons with the Spurs, Golden State Warriors, Portland Trail Blazers, Minnesota Timberwolves, Atlanta Hawks and Hornets. After four collegiate years at Creighton, Tolliver broke into the NBA through the Development League, solidified a niche as a shooter and earned a position in the players’ union.
Tolliver once scored 12.3 points and grabbed 7.3 rebounds per game for the Warriors in 2009-10.
Jul 09, 2014 5:46 PM EDT
Mike Woodson has reached agreement to become an assistant coach with the Los Angeles Clippers.
Woodson was not retained this offseason by the New York Knicks.
Woodson previously joined the Atlanta Hawks and Knicks as an assistant coach before being promoted to head coach. Woodson has also been previously linked with coaching the Indiana Hoosiers.
Jul 06, 2014 6:40 PM EDT
The Los Angeles Clippers and Jordan Farmar have agreed upon a two-year, $4.2 million deal. The second season of Farmar's deal is a player option.
Farmar played last season with the Los Angeles Lakers and will replace Darren Collison as the Clippers' backup point guard.
Jul 04, 2014 8:36 PM EDT
Spencer Hawes and the Los Angeles Clippers have agreed upon a four-year, $23 million deal.
Hawes finished last season with the Cleveland Cavaliers.
Hawes is unlikely to be moved to the Clippers in a sign-and-trade.
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Marvin Williams is solidly in line to reach a contract agreement after the top free agents sign.
The Nets are in negotiations to retain Paul Pierce.
Jamal Crawford has two years and $11 million remaining on his current deal with the Clippers.
Darren Collison is coming off a strong season with the Clippers.
Paul Pierce is interested in reuniting with Doc Rivers with the Clippers.
The Los Angeles Clippers are in discussions with Ed Davis.
Thabo Sefolosha has received interest from the Clippers, Mavericks, Rockets and Raptors among others, league sources told RealGM.
Jul 01, 2014 | Marc Stein/ESPN
Spencer Hawes has become a popular target since free agency kicked off Monday night.
Jul 01, 2014 | Marc Stein/ESPN
The Clippers believe they have a legitimate shot of signing Paul Pierce following Jason Kidd's move to the Bucks.
Luol Deng is a free agent for the first time in his career.
The Clippers have prioritized re-signing Darren Collison.
The Lakers are expected to pursue Trevor Ariza, according to sources.
The Clippers intend to decline the 2014-15 team option on Willie Green, a league source told RealGM.
Carmelo Anthony and Chris Paul have long been close friends.
The Clippers don't believe LeBron James is prepared to leave the Heat, but are planning contingency plans just in case.
Lue was a finalist for the Cavaliers' head coaching job that was given to David Blatt.
Glen Davis was slated to earn $1.4 million while Danny Granger was scheduled to receive $1.36 million.
Alvin Gentry has agreed to a three-year contract to become the associate head coach on the Warriors' staff.
The Clippers could create cap space for LeBron James by trading away DeAndre Jordan and Jamal Crawford, while unloading Jared Dudley by attaching a future first round pick.
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Lawrence Frank and Doc Rivers previously worked together with the Celtics.
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