Here was McCann's response.

BOOM.

This isn't a slam dunk — McCann goes on to explain that the wording is fairly vague, that the Maloofs could challenge the right and the ability of existing minority owners to bring in outside capital. (Like, can someone like John Kehriotis use Ron Burkle's money to buy the team?) What it means in practice is that there is a possibility for a very long court battle. (Fun!) Stay tuned. There's a hearing in the Cook bankruptcy on Thursday in which the trustee involved will press on this matter.

Also note that Kevin Johnson didn't exactly downplay this angle, but distanced himself from it. He's working on the NBA Board of Governors opportunity. The current minority owners will need to work on this side.