cuz he has literally said he never wanted to own the team. it wasn't exactly speculation when people shot the idea down earlier.
I could imagine the league seeking to block a deal involving Knight specifically because of the ease by which he could circumvent the salary cap via shoe deals.
I’m sure this is a complicated process but there’s no chance of this happening before free agency right?
I doubt it. I wouldn’t expect much in terms of lending high level veterans and trades. Usually when a team gets sold the new ownership want to start fresh with a team.
But all team owners own other businesses and could sign players to some sort of sponsorship deal on the side. There is obviously strict rules against this.
Prolly some oversight needed from their part to avoid under the table deals, but Adam Silver seems like he'd be very welcoming of the idea of one of the richest people in the world who made his $ from a sports apparel company (who is currently a major partner with the NBA) buying into the league.
Another benefit in the short term: Exactly no GM in the NBA can conclude that the Blazers are a wounded/weak franchise. Along with moves within the management team, this offer -- as reported by Woj -- suggests strength rather than a carcass to pick clean.
I will say this: I hope the Knight ownership group thoroughly reevaluates the GM spot or president of Basketball ops if they are put in place.
Hmmm, wonder if this will affect trading the 7 pick vs keeping it if Jody is close to selling? I would think we might be less likely to do BIG deals with longer term contracts as opposed to drafting a #7 pick and keeping it.