Arena1

Controversy in Louisville’s lease with the Yum! Center?

1 Comment

A budding controversy surrounding the leasing terms between the Louisville Arena Authority and the University of Louisville over the KFC Yum! Center seems to have reached a boiling point.

There have been rumblings that the university has been getting the best of a bad deal for some time, but this week InsiderLouisville.com got to the root of the problem.

Essentially, it goes like this: the lease says that the U of L has the right to buy the arena in the event of a default, which creates quite a conflict of interest when you consider that a) the university is the tenant and b) the “University of Louisville Athletic Association both controls booking dates, limiting the potential for outside income, while taking the majority of revenue under the lease in an arrangement that’s looking more and more financially untenable.”

From Terry Boyd’s story:

In essence, the clause sets up scenarios – most of which are highly unlikely – in which U of L officials could refuse to alter the agreement to ensure money is available to service the $348 million in municipal debt issued to build the arena, then buy the arena for a much lower price.

How can this be?

Because Section 47, the “Right of Tenant” clause in the lease, states that U of L essentially has the right to buy the KFC Yum! Center it leases in the event the owner – Arena Authority – defaults.

This doesn’t right.

The tenant of a publicly-funded building can not only control incoming revenue streams — in part by blocking an NBA team from coming to Louisville through their scheduling agreements — but can then buy the arena on the cheap if the current owners default on it?

That’s like saying I’m able to prevent my landlord from leasing out another apartment in my building and then calling ‘dibs’ on buying the building from them when they can’t pay their mortgage.

Anyway, I’d strongly urge you to go read Boyd’s work. Thorough investigative stuff heavy on the financials I don’t quite understand.

Photo credit: Louisville.com

Rob Dauster is the editor of the college basketball website Ballin’ is a Habit. You can find him on twitter @robdauster.

No. 22 Cincinnati’s loss to No. 16 Butler shines light on AAC’s struggles

INDIANAPOLIS, IN - DECEMBER 10: Head coach Mick Cronin of the Cincinnati Bearcats reacts against the Butler Bulldogs in the first half of the game at Hinkle Fieldhouse on December 10, 2016 in Indianapolis, Indiana. (Photo by Joe Robbins/Getty Images)
Joe Robbins/Getty Images
Leave a comment

Kelan Martin scored 20 points and Andrew Chrabascz added 12 points, four boards and five assists as No. 16 Butler bounced back from a tough loss at Indiana State to beat No. 22 Cincinnati, 75-65.

The Bulldogs had been undefeated on the season prior to the loss to the Sycamores, but their ranking was built on the fact that they had beaten Arizona, who was No. 8 at the time, as well as a trio of high-major programs that look destined for the NIT.

Cincinnati probably isn’t destined for the NIT. Their top 25 ranking is justified, which is what makes this win valuable. Quality non-conference wins matter, and this is just one of a handful of good wins for what has proven to be one of the most top-heavy conferences in the country. Villanova, Creighton, Xavier and Butler all look capable of reaching the Sweet 16 this season.

The opposite is true for Cincinnati, who look like the flag-bearer in a conference that isn’t really all that good. They’re the best team in the AAC this season, but that’s a conference that has consistently disappointed this year. SMU, Temple and UConn have all struggled more than we expected them to. Tulsa and Memphis are in rebuilding mode. Houston was supposed to be good this season but they’ve yet to live up to the preseason hype.

Think about it like this: The only team in the AAC without multiple losses on the season is now UCF. That’s … not ideal, and it’s going to be interesting to see just how many bids the league is able to generate.

Think about it. Temple has beaten West Virginia and Florida State while losing to New Hampshire and UMass. SMU’s best win is either Pitt or TCU, both of whom are borderline tournament teams. UConn beat Syracuse but has some atrocious losses on their resume. Houston beat Rhode Island but lost to Arkansas and LSU. Memphis beat Iowa, but Iowa’s not all that good. UCF’s best win is … Mississippi State?

Cincinnati’s lone quality win is at Iowa State, who is about to drop out of the top 25.

POSTERIZED: Wichita State’s Daishon Smith dunks on Oklahoma big man

WICHITA, KS - NOVEMBER 13:  Guard Daishon Smith of the Wichita State Shockers drives up court past forward Roschon Prince #23 of the Long Beach State 49ers during the first half on November 13, 2016 at Charles Koch Arena in Wichita, Kansas.  (Photo by Peter Aiken/Getty Images)
Peter Aiken/Getty Images
Leave a comment

Daishon Smith is 6-foot-1.

Kristian Doolittle is 6-foot-7.

The lil guy won this battle:

Here’s another angle of the dunk, which sent Wichita State’s bench into hysterics:

POSTERIZED: Duke’s Grayson Allen with a Dunk of the Year candidate (VIDEO)

screen-shot-2016-12-10-at-5-37-33-pm
Leave a comment

It looks like Grayson Allen’s toe is healthy. I’d say his explosivness is back:

Whoa.

Yeah.

POSTERIZED: Five-star Class of 2017 guard Trevon Duval dunks on 6’8″ defender

CHARLOTTE, NC - JULY 9: Trevon Duval during the 2015  Under Armour All-America Basketball Camp on July 9, 2015 at Queens College in Charlotte, NC. (Photo by Ned Dishman/Under Armour)
Leave a comment

Class of 2017 point guard Trevon Duval put down a huge poster dunk on a 6’8″ defender on Saturday as the five-star prospect showed why many consider him the top lead guard in high school basketball.

The 6-foot-2 Duval is considered the No. 3 overall prospect in the Class of 2017 by Rivals.

Nigel Hayes shines against as No. 17 Wisconsin beats Marquette

MILWAUKEE, WI - DECEMBER 10:  Nigel Hayes #10 of the Wisconsin Badgers is fouled by Luke Fischer #40 of the Marquette Golden Eagles during the first half of a game at the BMO Harris Bradley Center on December 10, 2016 in Milwaukee, Wisconsin.  (Photo by Stacy Revere/Getty Images)
Stacy Revere/Getty Images
1 Comment

What a difference a year makes.

Last season at this time, Wisconsin dropped a home game to a Marquette team that was headed to the NIT.

This year?

The Badgers put six players in double-figures as they went into Milwaukee and knocked off Marquette, 93-84.

Bronson Koenig continued his hot shooting, finishing with 18 points and six assists while shooting 4-for-6 from beyond the arc. Vitto Brown chipped in with 15 points, Khalil Iverson had 16 and Ethan Happ chipped in with 11 despite battling foul trouble all afternoon.

But the really story here – hell, the story of Wisconsin’s season to date – has been the change in the way that Nigel Hayes plays.

Hayes was terrific again on Saturday. He had 17 points, nine boards, four assists and three steals. He shot 6-for-10 from the floor and attempted just a pair of threes, making one of them. He had the ball in his hands when Wisconsin was trying to kill off the game, and, more importantly, head coach Greg Gard has seem to start to take advantage of just how good Hayes can be as a facilitator.

There are a couple of points that need to be made here:

  1. When Hayes plays like this, he deserves to be in the all-american discussion. He’s averaging 18.0 points, 7.3 boards and 6.7 assists in the three games Wisconsin has played against high-major competition since the change, and the Badgers have won five straight games while playing easily their best basketball of the season.
  2. And it’s not just because of the numbers he puts up. When Hayes operates as Wisconsin’s de-facto point guard, it makes everyone else on the roster better. For starters, it allows Koenig to play off the ball, where he seems to be more effective. He’s at his best when he’s hunting shots and trying to create off the bounce, but his aggressiveness can be detrimental when he’s the only one touching the ball. It also means offense runs through Happ more often since Koenig isn’t dominating possession, and it lets guys like Brown space the floor because they’re actually able to get rhythm threes.

As of today, Wisconsin is the favorite to win the Big Ten, even if Indiana is far more likely to end up being a No. 1 seed in March.