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NBA roundup: Agreement reached on Bucks' sale

The SportsXchange

Milwaukee Bucks longtime owner Herb Kohl confirmed Wednesday that he reached an agreement to sell the NBA franchise to hedge-fund billionaires Wesley Edens and Marc Lasry.

The purchase price is estimated at $550 million, ESPN.com reported. The announcement came before the Bucks' regular-season finale in the BMO Harris Bradley Center against the Atlanta Hawks. The Bucks will finish this season with the worst record in the NBA.

In January, Forbes valued the Bucks at $405 million, last among the league's 30 franchises. Kohl, a former U.S. Senator, announced in December that he was searching for additional investors to take the franchise into the future. He made a condition of a sale that the team would remain in Milwaukee.

An ownership transfer would be subject to league approval. Kohl bought the Bucks for $18 million in 1985.

---Los Angeles Lakers guard/forward Kent Bazemore underwent successful surgery to repair the torn peroneus longus tendon in his right foot, the team announced Wednesday.

The surgery was performed by Dr. Kenneth Hunt of the Stanford University Medical School. Bazemore is expected to make a full recovery by the start of the 2014-15 season. He was injured April 6 in a 120-97 loss to the Los Angeles Clippers.

In 23 games (15 starts) with the Lakers after being acquired from the Golden State Warriors at the trade deadline on Feb. 19, Bazemore averaged 13.1 points, 3.3 rebounds and 3.1 assists in 28.0 minutes per game.

---Los Angeles Clippers forward Blake Griffin received a one-game suspension without pay for receiving his 16th technical foul of the 2013-14 season, the league announced Wednesday.

Under NBA rules, a player or coach is automatically suspended without pay for one game once he receives his 16th technical foul during a regular season. For every two additional technical fouls received during that regular season, the player or coach will be automatically suspended for an additional game.

Griffin received his most recent technical foul with 3:23 remaining in the second quarter of the Clippers' 117-105 win over the Denver Nuggets on Tuesday night at Staples Center. Griffin will serve his suspension in the Clippers' season finale on Wednesday when Los Angeles visits the Portland Trail Blazers at Moda Center.

---The Houston Rockets signed center Josh Powell, the team announced Wednesday.

Powell joins the Rockets from the Barangay Ginebra San Miguel club in the Philippines.

Powell, who is currently in his first season in the Philippine Basketball Association, was originally undrafted in the 2003 NBA Draft. Powell's last stint in the NBA was with the Atlanta Hawks (2011). Along with the Hawks, he has played for the Dallas Mavericks (2005-06), Indiana Pacers (2006-07), Golden State Warriors (2007), Los Angeles Clippers (2007-08) and Lakers (2008-10).
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