Posted on: July 8, 2011 3:47 pm
In a savvy move to bolster their basketball operations staff, the Pacers have reached a deal with former Trail Blazers general manager Kevin Pritchard to be their director of player personnel, sources familiar with the hire confirmed to CBSSports.com.
Pritchard, fired hours before the 2010 draft, will report to general manager David Morway, sources said, under a unique at-will arrangement that both sides can end at any time. Pritchard will be paid about $200,000 annually under the deal.
Pritchard will begin evaluating the roster and preparing for potential trades and the pursuit of free agents in advance of the eventual end of the lockout. With team president Larry Bird undecided about his long-term future, Pritchard's role could expand. But he also would be available to be considered for more permanent and higher-profile GM jobs as they become available.
One team thought to be a sensible landing spot for Pritchard was the Knicks, who elevated Glen Grunwald to the interim general manager position after team president Donnie Walsh stepped down last month. The arrangement comes with the understanding that Grunwald's contract will be extended for the 2011-12 season -- whenever that may be. Members of the coaching staff and some key members of the front office, such as vice president of basketball operations Jamie Mathews, director of pro scouting John Gabriel, director of pro player personnel Mark Warkentien, and regional scout Mark Hughes, also are expected to be retained for next season.
Coach Mike D'Antoni is entering the final year of his contract, and no indications have been given as to whether Madison Square Garden chairman James Dolan intends to offer him an extension.
Grunwald, 53, is a respected, behind-the-scenes executive who received a strong recommendation from Walsh. If the Knicks ultimately look outside the organization to bolster the front office, among those they are expected to consider are former Hornets GM Jeff Bower and Pritchard.
Pritchard, who was briefly a teammate of Bird's with the Celtics in the early '90s, goes home to the Pacers -- up the road from his Bloomington, Ind., birthplace -- at an exciting time for the organization. Indiana acquired guard George Hill from the Spurs on draft night, and the Pacers have a talented, young roster built around Danny Granger, Darren Collison and Roy Hibbert with only $37 million in committed salary for next season.
It was never clear why Pritchard, the driving force behind the Blazers' current run of success, was fired in the first place. His replacement, former Thunder executive Rich Cho, also has since been fired and landed on his feet with the Bobcats.
Posted on: July 8, 2011 2:51 pm
With the news Friday that Yao Ming has decided to retire, the NBA lost a giant whose stature made him a force on the court and an ambassador for the spread of basketball throughout Asia.
His impact on the floor and in the record books was muted by injury, but Yao’s influence on the globalization of basketball will be felt for years, if not decades.
Yao, 30, endured years of pain and injuries to his feet and lower legs and most recently could not overcome a stress fracture in his left foot that caused him to miss all but five games in the 2010-11 season. The 7-foot-6 center has yet to file official retirement paperwork with the NBA office, but that would be a mere formality after Yahoo! Sports reported Friday that Yao has informed the Rockets, league office, and NBA China in the past 48 hours of his intention to retire.
It was the presence of Yao, along with the 2008 Beijing Olympics, that lifted the NBA to new heights of popularity and revenue-generation in China during the past decade. The league launched NBA China in 2008, and Sports Business Journal has estimated that between $150 million and $170 million of the NBA’s annual revenues are generated in Yao’s native land.
Some of the NBA’s biggest America-born stars have endorsement and charitable ventures linked to China, such Kobe Bryant, Kevin Garnett and the recently retired Shaquille O’Neal. Several of Yao’s teammates with the Rockets, including Luis Scola and Shane Battier, also have benefited. The top 10 best-selling NBA jerseys in China are all worn by American-born players, led by Bryant, who has owned the top spot for four straight years.
Bryant, received in China like a rock star during the Beijing Games, has made several promotional trips to China for endorsement work with Nike and has created the Kobe Bryant China Foundation to raise money and awareness for education and health programs. If Bryant provided the momentum for basketball’s robust commerce in China, it was Yao who lit the flame.
Yao retires as a once-dominant force whose impact on the court was derailed by injuries that cost him 170 regular season games over the course of his career. His best season was 2006-07, when he averaged 25 points, 9.4 rebounds and shot 52 percent from the field. For his career, Yao averaged 19 points, 9.2 rebounds, and in an aberration for a player his size, shot .833 from the foul line.
It is the end of a career, but also a new beginning – the start of an era with only one dominant center left in the game, Dwight Howard, and potentially billions of dollars in new marketing opportunities for the NBA in China and beyond. Yao started it all.
Posted on: July 7, 2011 2:22 pm
When word began to spread Thursday that Nets star Deron Williams has an agreement to play next season in Turkey, one prominent NBA agent called foul.
"I don't think he's going overseas," said the agent, who spoke on condition of anonymity due to the sensitive nature of the lockout. "I'll believe that deal when I see it."
The Turkish television station NTV Spor reported Thursday that Williams has agreed to join the Turkish team Besiktas, the same team former All-Star Allen Iverson played briefly for last season. The report was confirmed by other media outlets, including The New York Times, which quoted Besiktas coach Ergin Ataman as saying "we confirm" the agreement. According to Ataman, Williams is expected to report to Besiktas on Sept. 1 to prepare for the season, which begins Sept. 27.
If true, Williams would be the highest-profile NBA star in his prime to sign a contract to play overseas. And with NBA players locked out for what many believe will be a long labor fight -- perhaps wiping out the entire 2011-12 season -- Williams going to Turkey could open the floodgates for NBA stars turning their backs on the NBA owners who have nullified their contracts with a lockout.
"The guys I work with in Turkey say there's no chance this is happening," the agent said.
Williams, due to become a free agent in 2012, would stand to make $70 million to $80 million on his next NBA contract -- depending on what the new collective bargaining rules will allow.
"He's going to risk that to make a few million dollars?" the agent said. "What if he gets hurt?"
The most Besiktas is believed to be capable of paying Williams is $7 million to $8 million, sources said. No financial terms of his apparent deal with the Turkish team have been divulged, and Williams' new agent, Jeff Schwartz, did not respond to a request for comment.
Various agents currently are discussing deals with European teams, but they're mostly for undrafted free agents or journeymen looking to stay sharp and make money during the lockout -- not superstars in their prime. In exchange for a few million Bucks and a free flight to Istanbul, Williams would not only be risking his next NBA contract, but the rest of his current one -- for which he is owed $34 million over the next two seasons, with a player option for 2012-13.
No offense to Besiktas, but European teams have a history of not living up to contractual obligations, leaving players who signed there fighting to get money that was owed to them. Of course, a publicity stunt to drum up fan interest and sign a few sponsors is free of charge.
In speaking with the Times, Ataman made a point of saying he plans to contact "other guys," such as, you know, Kobe Bryant.
The sound coming from my agent friend on the other end of the phone conversation at that point? Laughter.
Posted on: July 7, 2011 1:27 pm
Evidently, there is a method to David Kahn’s madness. And as always, follow the money if you want the explanation.
Kurt Rambis hasn’t coached a game for the Timberwolves in nearly three months. He will never coach a game for them again. Despite technically still being under contract, Rambis has been informed that he need not be in Minnesota for the offseason – and this was the case even before the lockout. Sources say only two members of the Wolves’ coaching staff, J.B. Bickerstaff and Darrick Martin, have been asked to come to work at the team’s offices this summer. Everyone else can, you know, go on vacation – where Rambis, in particular, won’t have to spend his days staring at the writing on the wall.
Sources have said there is no provision in Rambis’ contract that would’ve saved the Wolves money by waiting until after July 1 to officially fire him. Rambis is owed $4 million over the next two seasons regardless of when he is fired.
But as Yahoo! Sports reports, Kahn had other ideas. The possibility of offering Rambis a reassignment within the basketball operations department has been discussed internally, though it is not believed to have been formally proposed to Rambis. It is beyond question that Rambis has no desire to accept such an arrangement. Sources say the former Lakers assistant has little use for Kahn as a basketball executive, much less one that he would continue to work for after being removed as coach.
Kahn’s mishandling of Rambis’ firing – which still, inexplicably, hasn’t happened – is an embarrassment for the organization at a time when good things finally were starting to happen (Michael Beasley's citation for marijuana possession notwithstanding). Ricky Rubio is signed for next season – whenever next season is – and although Kahn had virtually nothing to do with it, it’s nonetheless an important moment for a franchise that has won a grand total of 32 games the past two seasons.
But no amount of progress could stand in the way of Kahn’s efforts to further ingratiate himself to owner Glen Taylor by proposing this insulting, cost-saving arrangement with Rambis. Business simply isn’t done this way in a reputable sports league, yet Kahn insists on penny-pinching his way into Taylor’s good graces at the expense of alienating any coaches or front-office executives who might someday be forced to work for him.
Funny, Taylor is one of the owners who are most convinced that the NBA will not have a 2011-12 season, according to sources familiar with his position on the lockout. So maybe Taylor could send Rambis overseas to scout overage potential draft picks in the meantime, instead of paying him to do something more useful – like nothing.
While we’re on the topic, sources say the Wolves expect a favorable ruling from the NBA office that they will be able to keep No. 57 pick Tanguy Nbombo despite a dispute over his age. Though information has come to light that Ngombo is 26 – and thus ineligible for the draft – sources say the Wolves have government documentation from multiple entities that Ngombo is, in fact, 21. The belief among some executives is that a team should not be punished if government documentation is inaccurate.
As for what should be done with buffoonish general managers who continue to embarrass their team and alienate colleagues and competitors with their arrogance and ineptitude? Something else to contemplate during the lockout.
Posted on: June 28, 2011 6:43 pm
Edited on: June 28, 2011 10:20 pm
NEW YORK -- NBA owners and players will meet Thursday in Manhattan for perhaps their final bargaining session before a lockout is imposed, leaving little hope that an agreement can be reached before the 12:01 a.m. ET Friday expiration of the collective bargaining agreement.
The bargaining session will be smaller than the full-blown negotiation that was attended by more than 30 players last Friday. The owners' full Board of Governors met in Dallas Tuesday, and commissioner David Stern told reporters there that it was the union that asked to scheduled bargaining for Thursday as opposed to Wednesday.
A formal procedural vote authorizing the owners' labor relations committee to impose a lockout was not conducted. However, the board authorized the committee to "act in whatever way they deem appropriate," deputy commissioner Adam Silver told reporters in Dallas -- which, effectively, is the same thing. It's a moot point anyway; Stern said last week that such a vote was a mere formality, and owners clearly are galvanized to use a work stoppage as a means to achieve their goals of creating a new economic system that guarantees them profitability.
The owners and players remain hundreds of millions of dollars a year apart in their most recent proposals, with the players choosing last Friday not to counter the owners' most recent proposal in which league negotiators offered to guarantee players $2 billion a year in salary and benefits over the life of a 10-year deal.
The players want a much shorter CBA, proposing a five-year deal with $100 million per year in salary concessions. Aside from disagreeing over the most critical issue -- the split of the league's revenues (or basketball-related income, known as BRI) -- owners and players have taken irreconcilable positions on how the money will be distributed to the players. Owners have proposed what they called a "flex cap," with a midpoint of $62 million per team and an undetermined maximum and minimum payroll. The players have rejected the idea, calling it a hard cap in disguise.
While the key players in the negotiation continue plotting their end-game strategy with Thursday night's deadline looming, legal forces on both sides also were busy Tuesday weighing their options. If owners imposed a lockout, attorneys for the National Basketball Players Association would have to decide whether to follow the NFL players' strategy by decertifying the union and filing an antitrust lawsuit. This would be the nuclear option, and one both sides seem to want to avoid since it would turn the dispute over to the federal courts and waste valuable time. With a far longer season than the NFL, choosing the courts over bargaining would all but assure that games would be missed in the 2011-12 season.
Also, if the union decertified, owners and players would no longer be able to continue negotiating after the expiration of the CBA. If both sides decided Thursday that there was enough will to reach a deal, they could extend the deadline or continue negotiating even after the lockout was imposed. The latter would not be an option if there were no union.
It was not clear whether the players' tipped their hand regarding a reluctance to decertify by having more than 30 players show up at Friday's bargaining session with matching T-shirts with the word "STAND" printed on them. In any event, it is clear that each side has a legal option in its briefcase that it appears reluctant to use.
For the players, the union has thus far decided not to file a complaint with the National Labor Relations Board seeking a ruling on whether revenue sharing should be a "mandatory subject" of collective bargaining. While the league continues to assert that its $300 million in annual losses cannot be addressed through revenue sharing alone, union negotiators have been frustrated by owners' refusal to provide details of the league's revenue-sharing plans -- a position that has put the uncomfortable onus on players to accept significant salary concessions before the NBA addresses the competitive inadequacies created by the massive gap among high- and low-revenue teams.
Using league salary data obtained by CBSSports.com for the 2010-11 season and accounting for luxury-tax payments estimated to be paid and received, the gap between the highest-paying team (the Lakers, at more than $112 million) and the lowest (the Kings, at just under $42 million) amounted to $70 million -- more than the average payroll in the league.
For the owners, sources say the NBA's legal team does not seem inclined to file a pre-emptive lawsuit -- known as a declaratory judgment -- asking a federal court to rule that the work rules it has proposed do not violate antitrust law. Such a move would strictly be made to assure the NBA a home-court advantage by putting the case in a court that historically has been pro-management in labor disputes. If the players decertify and file an antitrust lawsuit first, they could do so in any jurisdiction where the NBA does business or has a team -- thus strengthening their chances of getting a pro-labor court.
Given all that, the court of appears to be heavily tilted away from the possibility of a deal by Thursday night. So if you like lockouts, pull up a chair and get your popcorn.
Posted on: June 27, 2011 11:55 am
Edited on: June 27, 2011 12:12 pm
NEW YORK -- The NBA owners' planning committee is meeting by conference call Monday to tackle one of the most significant sticking points that have kept the league's imperiled labor negotiations from progressing toward any chance of a deal: revenue sharing.
The committee, led by chairman Wyc Grousbeck of the Celtics, had been scheduled to meet last Friday in conjunction with a full-blown bargaining session with players, but the session was rescheduled.
The status of owners' work on a revamped revenue sharing program -- and the sharing of that information with the National Basketball Players Association -- is viewed as paramount to any slim chances the two sides have of progressing toward a new collective bargaining agreement by midnight Thursday, the expiration of the current deal. Commissioner David Stern last week disputed the union's assertion that owners have not shared "one iota" of their revenue sharing plan, and the upshot was this: not only can owners and players not agree on the league's financial losses, they cannot even agree whether revenue-sharing information has been shared with the players.
The owners' full Board of Governors is scheduled to meet Tuesday in Dallas in preparation for either one last push toward a deal or the lockout that executives on both sides have viewed as all but inevitable for the better part of two years. The owners and players are tentatively scheduled to convene in New York Wednesday and/or Thursday to take one final stab at making a deal. If enough progress is not made to at least prompt an extension of the negotiating deadline, owners are prepared to impose a lockout at 12:01 a.m. ET Friday. The Board of Governors could conduct a procedural vote Tuesday in Dallas to authorize the labor relations committee to lock the players out, although Stern said such a vote could be taken at any time and wouldn't have to be done in person.
At the Tuesday meeting, the labor relations committee -- led by Spurs owner Peter Holt -- will update the full board on the progress in collective bargaining talk with the players. That presentation should take about as long as it takes Tony Parker to get to the basket from the foul line. Despite bargaining sessions in Dallas and Miami during the NBA Finals, and three sessions last week in New York, the two sides appear no closer to a deal than they were in January 2010 -- when owners first presented a draconian proposal calling for a $45 million hard salary cap, the elimination of fully guaranteed contracts, and a more than 33 percent rollback of player salaries.
Owners have since moved about $650 million annually on their salary demands, offering to guarantee players no less than $2 billion in salary and benefits over the life of a 10-year CBA. They also have relaxed their insistence on banning fully guaranteed deals -- though contracts would be for a maximum of three or four years under their proposal, as opposed to the five- and six-year deals free agents can sign under the current CBA, with the extra year in both cases going to a player re-signing with his current team.
Owners also made what they portrayed as a significant concession in offering a "flex cap" concept with a $62 million target for all teams and a top and bottom range to be negotiated with the players. The NBPA rejected this proposal during a week filled with incendiary rhetoric, with union president Derek Fisher of the Lakers calling it a hard cap in disguise and saying it was a "total distortion of reality."
The players have made two significant economic moves during the recent talks, first offering to take a $318 million pay cut over a five-year deal and then raising that offer to $500 million. Stern referred to the latter move as "modest," infuriating union officials and galvanizing the players to the point where more than 30 of them showed up at Friday's bargaining session at the Omni Berkshire Hotel wearing NBPA T-shirts with the word "STAND" printed on the front.
The players also were rankled by the league's offer of a flat $2 billion in annual compensation in the owners' 10-year proposal. Not only do the players oppose a CBA of that length, they also allege that they would not regain their 2010-11 mark of $2.17 billion in salary and benefits until the final year of the owners' 10-year plan. The owners' offer to phase in their salary reductions -- first for two years, and then for three -- was viewed by the players as a non-starter because they would receive less than 50 percent of basketball-related income (BRI) by the midpoint of the deal and would be below 40 percent in the final years. The players currently are guaranteed 57 percent of the league revenues, which are expected to come in at $3.8 billion for the '10-'11 season.
Players also viewed the owners' request to keep the approximately $160 million in salary collected by the league in an escrow fund for the '10-'11 season as part of their most recent proposal. Money earned by players under the existing CBA should be "off the table," according to Fisher, who said this request by the owners "speaks to their arrogance." League officials were dismayed by Fisher's comments and believe it would've been more productive for the players to reject the idea during negotiations rather than air it publicly.
But a key tipping point in bargaining could be what revenue-sharing details the owners come forward with this week. Owners have long rejected the players' request that revenue-sharing be collectively bargained, but the players believe many of the issues owners have addressed with regard to improving competitive balance could be satisfied by redistributing revenues from successful to struggling teams. In Friday's bargaining session, the Celtics' Paul Pierce crystallized the players' perception that owners have cloaked their determination to slash salaries behind the more benign concept of competitive balance.
"If it’s about being competitive, let’s come up with a system we can all be competitive in," Pierce told the owners, according to Suns player representative Jared Dudley. "If it’s about money, that’s a different story that we’re talking about."
Although NBA owners have enhanced their revenue-sharing plan in recent years, the league continues to have one of the most inequitable systems in professional sports, with big-market teams holding enormous advantages because local gate and broadcast revenues are not included in the revenue-sharing pie. Owners view the current luxury-tax system as akin to revenue sharing, but it is not enough to address the disparity between teams like the Knicks and Lakers, who make more than five times what teams like Memphis and Minnesota bring in through ticket sales. Those glamour-market teams also enjoy local broadcast deals that exceed some small-market teams' total revenues, according to a person familiar with league finances.
It has been difficult for the NBPA to justify the massive salary reductions the league is seeking without knowing how owners plan to address this enormous disparity among teams. One option at the NBPA's disposal would have been to file a request with the National Labor Relations Board seeking a ruling that revenue sharing should be a "mandatory subject" of collective bargaining. Sources say union officials have opted not to go this route and instead have trusted the owners to come forth with an effective and transparent approach to getting their own financial house in order before getting further salary concessions from the players.
After declining to make a counter offer to the owners' latest proposal Friday, the players have put the onus on owners and league negotiators to reveal their revenue-sharing plans as part of the next scheduled bargaining session in New York. As of Monday, sources said NBPA officials had no plans to travel to Dallas for an additional bargaining session.
In any event, it may already be too late to get a deal in place and avert a lockout. Even if the two sides unexpectedly made significant progress Wednesday and Thursday, there would not be enough time for lawyers to craft a new agreement before the deadline. In that case, the league would impose a moratorium on business while final details were hammered out and the contract was drafted.
But far more likely is that both sides will be unwilling to move off their most recent positions until the pain of a work stoppage is experienced.
"They've got to go through the process," said a person who has been heavily involved in past labor negotiations. "It's going to be ugly."
Posted on: June 24, 2011 6:21 pm
Edited on: June 24, 2011 8:10 pm
NEW YORK – NBA owners and players ended a contentious week of negotiations and rhetoric Friday without a counter-offer from the players, leaving a slim chance that a deal can be reached by the June 30 expiration of the current collective bargaining agreement.
Despite reaching a stalemate on economic issues and the split of the league’s $4 billion in annual revenues, the two sides agreed to meet again Wednesday in Manhattan for one, or possibly two more days of bargaining before the current CBA expires at 12:01 a.m. ET Friday.
"We think we’ll have one more shot at it," National Basketball Players Association executive director Billy Hunter said. "Obviously, we’ll have some idea as to where they are in terms of owners -- whether there’s a chance to make a deal or whether there isn't."
Practically speaking, sources said it would be nearly impossible to write a new CBA in that time frame, leaving only two likely scenarios – a lockout imposed by the owners that would shut the sport down for the first time since the 1998-99 season, or an extension of the deadline to negotiate, which neither side has ruled out. But the latter option would require progress on narrowing the gap between the two sides’ bargaining positions, which remains hundreds of millions of dollars a year – and billions over the length of a new deal.
“There's still such a large gap,” said NBPA president Derek Fisher of the Lakers. “We feel that any move for us is real dollars we'd be giving back from where we currently stand, as opposed to where our owners have proposed numbers that in our estimation don’t exist right now. They're asking us to go to the place where they want us to go. We've expressed our reasons why we don't want to continue to move economically.”
In a display of unity and force that commissioner David Stern said he welcomed, more than 30 players arrived for meetings at the Omni Berkshire Hotel wearing tan NBPA T-shirts with the word, “STAND” printed on the front. The bargaining session included various player representatives who previously had only been briefed by union officials and executive committee members on the progress – or lack thereof – in negotiations.
The players streamed out onto 52nd Street around 3:30 p.m. after a four-hour bargaining session, many of them boarding a luxury touring bus and declining to comment. Several stopped to sign autographs. The scene – including a throng of media camped out on the sidewalk – caused such a spectacle that at one point, former New York Gov. Mario Cuomo cut a swath through the crowd and was noticed by only a couple of reporters.
Paul Pierce and Kevin Garnett of the Celtics, among the most vocal players in the room Friday and the players who devised the T-shirt idea, were driven away in a black SUV with executive committee member Theo Ratliff. In the meeting, Pierce accused the owners of taking a disingenuous stance by disguising their insistence on slashing salaries under the cloak of creating a new system that would allow more teams to be competitive.
“Is it more about money or being competitive?” Pierce said to the owners, according to Suns player rep Jared Dudley. “What does this have to do with? If it’s about being competitive, let’s come up with a system we can all be competitive in. If it’s about money, that’s a different story that we’re talking about.”
Hunter reiterated that he expects the owners to vote on imposing a lockout during the meeting of their full Board of Governors Tuesday in Dallas, but sources said there were no plans for such a vote – which would be procedural, anyway, and no surprise to anyone given that the threat of a lockout has loomed over the negotiations for more than two years. But with the attendance and engagement of a large group of players Friday, Hunter said owners “may find it difficult to pull the trigger” on a lockout vote.
“Even though we didn’t make an progress, I think they felt that the energy and attitude within the room was such that it might necessitate further discussion,” Hunter said.
In a softening of the rhetoric that marked the week of labor meetings -- the tone of which Stern said became "incendiary" at times -- Stern declined to discuss details of Friday's bargaining points. It was his public revelation of a $62 million "flex cap" system proposed by owners, along with a guarantee of no less than $2 billion in salary and benefits during the league's 10-year CBA proposal, that infuriated union officials who felt blindsided -- and subsequently conducted one small and one large media briefing to go on the attack.
Stern also sidestepped the possibility of a lockout vote, which typically would be taken by the Board of Governors to authorize the owners’ labor relations committee to impose one upon expiration of the current CBA.
“We can do whatever we need to do, whenever we need to do it, however we need to do it,” Stern said. “It's not about the formality of a meeting. … For us, the best time we're going to spend next week hopefully is on a meeting with the players on Wednesday that with any luck goes over to Thursday. And that’s where we are.”
The primary purpose of the owners’ meetings in Dallas Tuesday is for the labor relations committee – featuring such big-market representatives as the Knicks’ James Dolan and Lakers’ Jeanie Buss and small-market owners such as the Thunder’s Clay Bennett and Spurs’ Peter Holt, the committee chairman – to update representatives from all 30 teams about the state of negotiations. The owners’ planning committee also will brief the board on the status of a new revenue sharing plan, the lack of inclusion of which in the bargaining process has been an irritant for union officials.
Hunter told reporters this week that owners have not divulged “one iota” of their plans to enhance the sharing of revenue as a way to help small-market teams compete, and that rancor among high- and low-revenue teams continues to divide the owners. Stern disputed that notion Friday, saying, “We’ve had a full discussion with the players about everything, and we're prepared to discuss everything with them.”
The players and union officials have tried to get the owners to include their revenue-sharing plan as part of the new CBA, saying competitive balance could be improved through sharing more revenue – such as gate receipts and local broadcast revenues – without trying to solve the league’s stated annual losses of at least $300 million strictly through salary reductions.
“As we've said repeatedly, if we lose money on an aggregate basis, we can’t possibly revenue-share our way to profitability,” deputy commissioner Adam Silver said.
Stern would not divulge whether owners would reveal to the players the substance of their revenue-sharing plan that will be discussed among owners in Dallas. And sources told CBSSports.com that the union seems disinclined to use a legal tool at their disposal – asking a court to rule on whether revenue-sharing should be included as a “mandatory subject” in collective bargaining.
“We can’t make the final sort of push on revenue sharing until we know what the yield or not of the labor deal is,” Stern said. “… The revenue sharing is moving as well. We're setting things up, I would hope, on both fronts.”
Setting things up for a deal or a lockout? After two years of negotiations with no results, you be the judge.
Posted on: June 23, 2011 1:23 pm
Edited on: June 23, 2011 1:26 pm
Executives disagree on how much trade activity will surround the NBA draft Thursday night, ranging in their opinions from virtually no veterans traded to a frenzy. One scenario that rival execs believe still has validity is Andre Iguodala to the Clippers.
The Sixers already have turned down the Clippers' offer of Chris Kaman and Ryan Gomes for Iguodala and Marreese Speights, and a person with knowledge of Philadelphia's stragegy said the Sixers are "not taking Kaman." It's not clear how willing the Clippers would be to give up a young asset for Iguodala. The better way to put it is, how much of an asset would it take to entice the Sixers to take Kaman, who only has one year and $12.2 million left on his contract. Iguodala is famously owed $44 million over the next three years.
Given that pricetag, it's no surprise that the Clippers have not yet offered their most valuable asset this side of Blake Griffin -- Minnesota's unprotected No. 1 pick in the 2012 draft. And almost certainly won't.
Due to his versatility as a defender, Iguodala has a broader market than some of the other one-dimensional veterans mentioned on the trade market, such as Monta Ellis, a pure scorer who sources say now appears more likely to be dealt sometime next season rather than before the expiration of the collective bargaining agreement June 30. Rival execs continue to believe that the Bulls, badly in need of a perimeter scorer to take the pressure off Derrick Rose, will play a prominent role in those discussions once the CBA dust settles.
A long-discussed possibility sending Iguodala to Golden State for Ellis is "not dead, but not real hot," said a person connected to the talks. As for an Iguodala-for-Lamar Odom swap with the Lakers, nothing there -- "zero" -- said a source.
More likely than all of them to be dealt Thursday night is Denver point guard Raymond Felton. The Nuggets are listening to offers, and have been in widely known discussions with the Kings centered around the No. 7 pick. Any possible traction with that proposal would depend on who's available with the seventh pick, sources said. The Kings are known to be split between Jimmer Fredette and Alec Burks. Execs aren't sure who Denver is targeting, but it could be Burks of Colorado.
As reported here, the Rockets are interested in trading the 14th and 23rd picks to Detroit for the eighth pick, targeting one of several big men coveted by new coach Kevin McHale. Among those on McHale's wish list are Tristan Thompson and Bismack Biyombo.