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: January 7, 2011 11:32 pm
The Denver Nuggets are considering offers from at least five teams for Carmelo Anthony and soon will begin the process of deciding what direction to go when they trade the three-time All-Star, multiple sources told CBSSports.com Friday.
Among the teams that have registered the most credible interest are the Nets (obviously), Knicks, Rockets, Bulls, and Clippers, according to three sources familiar with the situation. Details of the various discussions are still evolving, but the one constant has been efforts on the part of the Nuggets and Nets to involve a third team in the discussions.
The Nuggets have been trying to recruit the Timberwolves as a third team that might be willing to take the expiring contract of Troy Murphy from the Nets and send the Nuggets a first-round pick in the equation. The Wolves have two extra first-round picks in 2011 -- one from Utah and another from Memphis.
But just as efforts on the Nuggets' part to involve the Cavaliers in the discussions -- an attempt to have Cleveland use its $14.5 million trade exception from the LeBron James fiasco to absorb Murphy -- have gone dormant, so have talks aimed at involving the Detroit Pistons in the scenario. Two sources confirmed to CBSSports.com Friday night that the Nets were trying to recruit the Pistons to enter a blockbuster three-team scenario in which New Jersey would've gotten Anthony and Chauncey Billups from the Nuggets and Richard Hamilton from the Pistons. The complicated and intriguing scenario was first reported by the The Record of Hackensack, N.J.
One of the sources confirmed Yahoo! Sports' report via Twitter that the talks died when the Nets tried to extract a first-round pick from the Pistons and dump Johan Petro's $6.75 million due over the next two seasons on Detroit.
"Dead," is how the source described those talks, although in another form, the Pistons could be enticed to participate if it meant dumping Hamilton's $25 million due over the next two seasons -- $21.5 million of which is guaranteed.
The Nuggets' essential posture hasn't changed over the past few weeks. They are taking their time, evaluating interest from various teams, and one person familiar with their strategy said they soon will begin weighing the various offers. Denver GM Masai Ujiri and executive Josh Kroenke are in no hurry, and most executives involved in the talks believe the situation will go right down to the Feb. 24 trade deadline -- with the Nets still the leader in the clubhouse, pending Anthony's approval of a contract extension with New Jersey. That is where the Pistons' potential involvement could become crucial, as Anthony presumably would be more likely to sign off on a three-year, $65 million extension with New Jersey if Billups and Hamilton were on board. Oddly enough, it would represent a formation of the trio that could've been created in Detroit if the Pistons had selected Anthony instead of Darko Milicic in the 2003 draft.
Such a scenario wasn't in play about a month ago, when a person directly involved in Anthony's decision-making process told CBSSports.com that Melo -- if traded -- would only agree to a contract extension with the Knicks. There have been no indications that Anthony has changed his stance, although that hasn't stopped his suitors from lining up and putting their best offers forward.
Among the teams that believe they have at least a puncher's chance of landing Anthony, the Nets have always been the one with the most attractive assets to the Nuggets: Derrick Favors, the expiring contract of Murphy and multiple first-round picks. The Nuggets appear to have decided they prefer going young while acquiring draft picks and prospects over established players -- which would seem to bode poorly for the Knicks, whose existing players have yet to draw serious interest from the Nuggets. But the Knicks continue taking a patient approach, with the understanding that they're performing at a playoff level without Anthony and would have the inside track to sign him as a free agent if the Nuggets weren't able to achieve an acceptable trade by the deadline.
If the Nuggets were able to parlay Murphy's expiring deal into another first-round pick while also going farther down the road toward youth and savings by unloading Billups, it would seem to represent nirvana among the various Melo scenarios they are considering. The Nets also have made it clear they'd be willing to take on Al Harrington -- due $27 million over the next four years, of which $20 million is guaranteed.
As for the other teams in the mix, the Rockets can offer the Nuggets enormous savings in the form of Yao Ming's expiring (and insured) contract as well as the expiring contracts of Shane Battier and Jared Jeffries, plus young assets such as Aaron Brooks, Jordan Hill, Chase Budinger or Courtney Lee. The Clippers have one of the most valuable first-round picks on the market in the form of Minnesota's 2011 first-rounder, which is unprotected in 2012, plus young assets such as Al-Farouq Aminu and DeAndre Jordan. The Bulls have not been regarded as a serious contender since signing Joakim Noah to a contract extension, which signaled their unwillingness to trade him and made it impractical due to base-year compensation rules.
Tags: Aaron Brooks, Al Harrington, Al-Farouq Aminu, Bulls, Carmelo Anthony, Cavaliers, Chase Budinger, Chauncey Billups, Clippers, Courtney Lee, DeAndre Jordan, Derrick Favors, Jared Jeffries, Joakim Noah, Jordan Hill, Knicks, Nets, Nuggets, Pistons, Richard Hamilton, Rockets, Shane Battier, Timberwolves, Troy Murphy, Yao Ming
Posted on: December 21, 2010 8:14 pm
The Dallas Mavericks are plotting an aggressive push to acquire Carmelo Anthony, even if they don’t get assurances that the three-time All-Star would agree to a contract extension as part of the trade, league sources told CBSSports.com.
Despite his team’s emergence as one of the powers of the Western Conference -- and, as Dallas proved Monday night in Miami, the whole league -- owner Mark Cuban is said to be not only willing to take a chance on Anthony, but eager to steal him from the Nets, who are owned by his billionaire rival, Mikhail Prokhorov. In a deal that would provide Denver with little more than future savings, the Mavs are planning what one rival executive described as a “hard” push.
The Mavs’ interest has yet to take the form of a concrete offer, as one person connected to the Anthony drama told CBSSports.com Tuesday that Dallas had yet to present one. Any prospects the Mavs might have to pull off such a coup would be contingent on Anthony declining to sign an extension with New Jersey. With a signed extension as part of the deal, the Nets still possess by far the most attractive assets to Denver -- Derrick Favors, the expiring contract of Troy Murphy, and multiple first-round picks.
But that is the question that the Anthony saga has hinged on for months. Part of Dallas’ strategy, according to sources, is to shift the Anthony discussions to what Cuban recently called the “rent-a-player” phase, which would drive down the price and encourage other teams to present offers without assurances that Anthony would stay put for five years -- the two he has remaining (including the early-termination option for 2011-12) plus the extension.
Such potential suitors, including the Mavs, do not have enough of what Denver is looking for to compete with New Jersey’s best offer. But if Dallas is successful in shifting Denver’s focus to “rental” deals, the Nets would then have to decide how much they are willing to give up to acquire a franchise cornerstone for their move to Brooklyn -- even if Anthony could leave them in the dust as a free agent before the team even got there.
Meanwhile, the Nuggets remain in a patient posture and are not in any apparent rush to push a New Jersey trade to fruition. And after acquiring two more first-round picks in a three-team trade with the Lakers and Rockets last week, Nets executives are continuing their ongoing efforts to sweeten the deal for Anthony by acquiring a veteran he’d want to play with in Newark, N.J., for a year-and-a-half. Such inducements could come in the form of Al Harrington and/or Chauncey Billups, whom Anthony might be comfortable having on board. The other scenarios, according to one executive familiar with them, are numerous and “beyond challenging” because multiple teams would be needed.
Among the contending teams with the deep pockets and championship core to take a risk like trading for Anthony without a signed extension as part of the deal, Dallas has the most expiring money to make it worth the Nuggets’ while. Any Dallas proposal would have to include the expiring contracts of Caron Butler and DeShawn Stevenson. More money would need to be added -- Tyson Chandler? -- or a third team would need to be recruited in order to take Harrington and/or Billups off Denver’s hands.
The notion of Anthony going to a contender -- or to the Nets, for that matter -- without signing his three-year, $65 million extension is exactly what New York Knicks officials are hoping for. Sources say the Knicks continue to believe that the longer the Anthony situation plays out, the better their chances of landing him through a trade, or more likely, as a free agent after the season and anticipated lockout. New York has been Anthony’s preferred destination since his operatives began pushing for a trade in September, and a person directly involved in Anthony’s decision-making process told CBSSports.com earlier this month that he’d become more entrenched in his desire to agree to an extend-and-trade only if he would up with the Knicks. CBSSports.com also reported that Anthony has not shared his position with Nuggets officials, and that Nets officials have been told differently by Anthony’s camp.
Another team that various team executives believe is very much in the mix -- either to make a push to land Melo as a rental or become involved as a third-team facilitator -- is the Rockets. Houston fully expects to receive a disabled-player exception for Yao Ming totaling $5.8 million and already has a $6.3 million exception from the Trevor Ariza trade. Such exceptions can’t be combined, but individually they could be used to absorb a contract -- such as, for example, the Nuggets’ J.R. Smith’s or Harrington’s -- without sending equal money back. In return, the Rockets would either have to get a player they want or be compensated accordingly with draft picks or other assets. The Rockets also are flush with the expiring contracts of Shane Battier, Jared Jeffries, and even Yao, whose contract is insured due to his season-ending foot injury.
Rockets owner Leslie Alexander has a history of bold moves, and has placed few restrictions on his front office, led by GM Daryl Morey, to spend money in order to win. The Rockets, for example, are currently a tax-paying team and are under no mandate from ownership to shed salary even though they are off to a slow start and have lost Yao for the season -- and maybe for good.
A dark horse in all of this? The Mavs’ opponent Tuesday night, Orlando. The Magic have a little more than two months before the Feb. 24 trade deadline to see if their revamped roster will be good enough to contend for a title after this week’s blockbuster trades with Phoenix and Washington. But the only piece that is likely to be available and enticing to Denver is Jason Richardson, whose $14.4 million contract expires after the season. Richardson cannot be combined with other players in a trade for 60 days, which would leave just enough time before the trade deadline to involve him in the Anthony discussions.
If -- and this is a big if -- Anthony is still a Nugget by then.
Posted on: May 5, 2009 11:47 am
Are the Lakers in big trouble? Nah, they've been down this road before. They're a confident team with playoff experience, and they know how to win on the road.
Posted on: February 27, 2009 9:31 am
The Rockets' Ron Artest and Shane Battier held LeBron James to a mortal 21 points on 7-for-21 shooting, one lousy rebound, and no assists -- the first assist-less game of LBJ's career -- in Houston's 93-74 victory Thursday night.
Here is a ridiculously detailed and fantastic analysis of how they did it from Kevin Arnovitz at TrueHoop. (I continue to be amazed on a daily basis by the quality of work being produced in the basketball blogosphere. It's a great place to work.)
Amid all the great detail of the Rockets' defensive strategy, which was fascinating in its own right, here's what stood out to me: Rockets GM Daryl Morey stating emphatically that, yes, LeBron is the best player in the NBA "by a wide margin." Morey knows what he is talking about, so you Kobe fans can take that to the bank.
These days, just be careful which bank.