View Full Version : JJ trade might not happen after all

08-09-2005, 01:39 PM
AP - A judge here stepped into the feud between owners of the Atlanta Hawks on Tuesday, blocking the other members of the ownership group from removing Boston businessman Steve Belkin as managing partner.

Suffolk Superior Court Judge Allan van Gestel granted Belkin's request for a temporary injunction, saying a contract signed by all the owners last year prevents the group from voting him out.

It was unclear whether the other owners would scrap plans for a Tuesday vote to replace Belkin, who owns 30 percent of the franchise, with co-owner Michael Gearon Jr.

Belkin is part of the nine-member Atlanta Spirit LLC group, which also owns the NHL's Atlanta Thrashers and the operating rights to Philips Arena.

The dispute stems from Belkin's refusal to approve a sign-and-trade deal for the Hawks to acquire guard Joe Johnson from the Phoenix Suns . As the team's NBA governor, Belkin must sign off on all trades.

The ruling, which extends indefinitely a temporary restraining order obtained by Belkin last week, can be appealed to a higher court. The judge said Belkin's refusal to sign on to the Johnson deal was not grounds for his removal under the contract.

"It is hardly apparent on the present record that the deal for Johnson, however talented he may be ... is in the economic best interest of the franchise," the judge wrote. "Sometimes the cost is just too great."

The five-year contract the Hawks offered Johnson -- worth about $70 million, including $20 million for the first year -- would have made him the team's highest-paid player. Atlanta would also give Phoenix two first-round picks, second-year guard Boris Diaw and a $4.9 million trade exception.

"Steve Belkin simply thinks that's too much to pay for Joe Johnson," Belkin's lawyer, John Fabiano, told the judge.

08-09-2005, 03:23 PM
Indirectly, they're probably holding up a couple other deals too.

08-09-2005, 06:48 PM
Here's a picture of Billy Knight at the Boston hearing, where evidently he refused to shake Steve Belkin's hand:

"I really don't have anything to say to the guy. There's no reason for us to engage in conversations, no matter how this plays out. He's not someone I can trust."
-Billy Knight on Steve Belkin

08-09-2005, 11:09 PM
who would have thought this morning that two top fa would be back on the market.

08-10-2005, 12:30 AM
Is Steve Belkin the last SANE man that is an NBA owner?

Edit: My bad, its late and I am tired!! Everything is starting to run together. I just think there is no way in hell JJ is worth that kind of dough. Then again, there isn't a single player in the league worth what they get paid.

08-10-2005, 12:33 AM
Originally posted by: GP
Hunter is really a disgrace. To me he represents everything that is wrong with professional sports: Greed!!!

Hunter? Do you mean Steven Hunter?