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Articles worth mentioning

Discussion in 'Pistons and NBA' started by mikhail1973, Jun 22, 2009.

  1. G-man

    G-man Starter

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    Money, money, money

    Waiting game could be costly for LeBron, Wade, Bosh
    Ken Berger - CBS Sports

    "When James, Wade and Bosh signed their extensions in 2006, before the global economic downturn, they had every reason to believe the cap would exceed $60 million by the time their player options came due on June 30, 2010. All three would be eligible for the maximum salary of 30 percent of the cap in the first year of their free-agent deals, meaning the discussion would start at almost $20 million a year.

    Not anymore. If the NBA's fears about further revenue erosion next season are well-founded, James, Wade and Bosh would be better off signing extensions with their current teams this summer.

    Decision time began Sunday, when Wade became the first of the Big Three to be eligible for an extension. Bosh's one-year window opens at 12:01 a.m. Tuesday, followed by the most sought-after 2010 prize of all, James, whose extension window opens on Saturday."

    Waiting game could be costly for LeBron, Wade, Bosh - NBA - CBSSports.com Basketball
     
  2. G-man

    G-man Starter

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    Utah's head hurts..

    The Boozer-Millsap dilemma (UPDATE)
    Ken Berger - CBS Sports

    "LAS VEGAS -- With their four-year, $32 million offer sheet for restricted free agent Paul Millsap, the Trail Blazers have woven a web that has ensnared bonus money, luxury-tax considerations, and the future of Carlos Boozer. Based on conversations with NBA front office sources, here's an attempt at untangling it:

    Utah is currently about $3 million over the luxury tax. If they match the offer sheet for Millsap, they'd be close to $12 million over. A person familiar with Utah's situation said the team has accepted the fact that it is going to be a tax-paying team, but nobody expects the Jazz to venture that far into the land of the taxpayers. So something has to give.

    In order to keep Millsap and get under the tax threshold of $69.9 million, Utah would have to trade Boozer (due to make $12.7 million next season) and take virtually no salary back. The only way to do that is to recruit a third team that is under the cap -- one that is willing to take on salary for the price of draft picks and cash."

    The Boozer-Millsap dilemma (UPDATE) - CBSSports.com

    David Aldridge NBA.Com Video
    NBA Insider - NBA Videos and Highlights
     
  3. G-man

    G-man Starter

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    Wading in..waters tepid

    Riley texts extension interest to Wade
    Associated Press - ESPN

    "Wade said Heat president Pat Riley texted those sentiments very early Sunday, in what amounts to a largely ceremonial move. The Heat had to wait until 12:01 a.m. on July 12 before they could formally offer an extension to the reigning NBA scoring champion, and Wade said Riley didn't wait too long before pressing the send button.

    "It's no rush," Wade said. "We all know that."

    Wade didn't reveal specifics of what the text message said, other than confirming the obvious, that Riley was reaffirming Miami's hope that the 2006 NBA Finals MVP sticks around for many years to come."


    Miami Heat offer extension to Dwyane Wade, who's in no rush - ESPN
     
  4. G-man

    G-man Starter

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    Wade gets Boozed-up

    Utah Jazz: Boozer to Miami trade talk is warming up Deseret News - Tom Buckley

    "Miami has no team payroll salary cap space this summer, so for a while talk of Carlos Boozer-to-the-Heat as a free agent cooled.
    And now it's warming back up.

    Heat star Dwyane Wade — who has been bickering with the franchise lately regarding a contract extension and the team's need to improve its roster — is lobbying, to a degree, for Miami to go after the Jazz's on-the-trade-block power forward.

    The two are good friends and were gold medal-winning USA Basketball Olympic teammates.

    "Any time you can play with another great player, a fellow Olympian, I mean it's always something that's got to spark your interest," Wade told the South Florida Sun-Sentinel on Saturday. "But, at the same time, I'm done trying to push (Heat president) Pat (Riley) to do anything. He's going to do a good job for us. And we just have to have patience."

    Deseret News | Utah Jazz: Boozer to Miami trade talk is warming up
     
  5. roscoe36

    roscoe36 All-Star Administrator

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    Re: Money, money, money

    I covered some of this on the podcast last night.

    These guys tried to be smart, and get their maximum deals early, and are now finding themselves positioned between a rock and a hard place.
     
  6. G-man

    G-man Starter

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    Re: Money, money, money

    Looking forward to listening once ya'll get it posted.

    Lucky for them, that area between a "rock and a hard place" is cushioned with all those millions they've already harvested eh!

    It's the players with the new contracts that may find themselves having to give money back if the cap drops as much as some are forecasting.
    These guys slipped under the wire...

     
  7. Matthew

    Matthew Second Round Draft Pick

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  8. Tha Locstah

    Tha Locstah First Round Draft Pick 1x Fantasy Champion

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    Re: NBA news

    SWEET!
     
  9. G-man

    G-man Starter

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    Heat Should Listen to Wade and Sign A.I.
    Tim Povtak - Fanhouse

    "If the Miami Heat really do want to keep Dwyane Wade happy, they had better sign Allen Iverson quickly before he goes to Memphis or Charlotte or some other dead-end destination.

    The move makes perfect sense. Just pay Iverson the $5.8 million mid-level exception for a year, and a deal will get done. Quit trying to negotiate a bargain, and just pay the tax.

    Imagine the fun that a backcourt of Iverson and Wade could produce this season while the Heat retains its ability to land another big-name free agent next summer and gets serious about winning another championship.

    In the meantime, they will have the most exciting backcourt in the NBA, one of those stand-back-and-wait-for-the-highlight type of duets that fans love to see."

    Heat Should Listen to Wade and Sign A.I. -- NBA FanHouse
     
  10. G-man

    G-man Starter

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    Cav's burning through their cap space..

    Anthony Parker Signs with Cav's - Sports Illustrated

    "INDEPENDENCE, Ohio (AP) -- Anthony Parker's fondest basketball memories came overseas, where he won three Euroleague championships and twice was named league MVP.

    After signing Monday with the Cleveland Cavaliers, Parker believes he has a legitimate shot at winning his first NBA title.

    "For me it's always about who really saw me fitting in with what they're trying to do," Parker said. "Cleveland has been that team from the beginning. They showed the most interest and pursued me the hardest. It just so happens they're also a team that's contending, which is even better. It was a fit all the way through."

    Parker, 34, signed a two-year deal worth about $6 million."

    Cavaliers sign Raptors free agent guard Anthony Parker - NBA - SI.com
     
  11. G-man

    G-man Starter

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    One man's burden is another man's big...

    Wizards offer deal to ex-Spur Oberto
    Express - News


    "The Washington Wizards have made a contract offer to former Spurs center Fabricio Oberto, traded to the Detroit Pistons as part of the package that brought Richard Jefferson to the Spurs in a three-team, pre-draft trade with the Milwaukee Bucks last month.

    Terms of Washington’s offer to Oberto aren’t known. He was released by the Pistons after the deal was completed. Detroit remains obligated to pay $1.9million of Oberto's partially guaranteed $3.8 million contract."


    Wizards offer deal to ex-Spur Oberto
     
  12. G-man

    G-man Starter

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    Wallace - Rent a big?

    Suns, Ben Wallace reach buyout agreement
    Sports 620 - KTAR.com


    "PHOENIX - The Phoenix Suns have finalized a buyout with Ben Wallace, who was brought over from Cleveland in the trade involving Shaquille O'Neal.

    The Suns and Wallace agreed on $10 million dollars. Wallace would have received $14 million had he played with the Suns this upcoming season. The deal will save the Suns around $8 million dollars, $4 million on their payroll and then $4 million off the luxury tax. "

    KTAR.com - Suns, Ben Wallace reach buyout agreement
     
  13. G-man

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    No Answer in Clipperland? (how low can you go)

    AI in LA: Why "The Answer" the Clippers Are Looking at Is the Wrong One Noel Purcell - Bleacher Report

    "No matter how great of a player Iverson is, you cant say he's a positive influence.

    Is Gordon going to start acting like a prima donna with Iverson around, maybe even skipping practice?

    I mean after all, "we talkin' about practice." I just don't see how the addition of Iverson helps one of the most promising young players in the NBA develop. If anything, I would assume he would regress with AI's tutelage and the lack of PT.

    Aside from that, this isn't the AI of 2000-2001, where he is going to win an MVP award. This is a broken down, shell of his former self Iverson. The years of playing every play like it's his last have caught up to AI."

    AI in LA: Why "The Answer" the Clippers Are Looking at Is the Wrong One | Bleacher Report
     
  14. G-man

    G-man Starter

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    More shrinkage...

    N.B.A.’s Shrinking Salary Cap Could Shake Up 2010 Free Agency
    JONATHAN ABRAMS - Howard Beck - NY Times

    "James, Chris Bosh and Dwyane Wade signed extensions after the 2006 season so that when their contracts expired, they would fall into the second tier of players who have tenure between 7 and 10 years. Their maximum salaries would be 30 percent of the salary cap or a 5 percent increase from their previous season’s salary.

    The players could opt out and earn slightly less at the front end of the contract and make it back, based on annual raises, along with the security blanket of having a long-term contract, should they be injured.
    Another option is that the star players could sign extensions to their current contracts, but that could put their earnings at the whim of the future collective bargaining agreement after the current lame duck system expires in 2011. At most, James could tack on three years to his current contract via an extension.

    A player’s best interest, Coon said, may still be to test free agency. That would allow James and his peers to collect as many years as they can under the current collective bargaining agreement. "

    http://www.nytimes.com/2009/07/09/sports/basketball/09nba.html
     
  15. G-man

    G-man Starter

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    European Vacation...

    Few High School Stars Expected to Follow European Detour to N.B.A.
    Pete Thamel - NY Times

    "CLEVELAND — The trickle of American basketball players who have skipped college or left early to play overseas is slowly becoming a stream. For those who hope to return for a career in the N.B.A., the seminal moment came in June.

    That was when the 19-year-old point guard Brandon Jennings made a dramatic entrance from behind the stage at the N.B.A. draft to shake hands with Commissioner David Stern after being selected 10th over all by the Milwaukee Bucks. He had spent the previous year playing in Europe.

    At last week’s Nike-sponsored camps for the country’s top high school prospects, the consensus among players and college coaches was that playing overseas would be more of a rarity than a revolution. "

    http://www.nytimes.com/2009/07/12/sports/basketball/12camps.html?_r=1&ref=basketball
     
  16. G-man

    G-man Starter

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    Advantage Lakers...(the Pool dries Up)

    Sources: Lakers pull Odom offer
    Marc Stein - ESPN

    "LAS VEGAS -- Lamar Odom and the Los Angeles Lakers had reached an agreement on annual salary before the Lakers pulled out of contract talks with their versatile sixth man, sources with knowledge of the talks said on Tuesday.

    [​IMG]
    Odom


    Sources told ESPN.com that Odom and the Lakers had reached an accord entering the weekend on a per-season wage of $9 million for the 29-year-old. But Odom balked at L.A.'s unwillingness to extend an offer spanning more than three years in length and spent the past few days weighing his options.


    The Los Angeles Times reported on its Web site earlier Tuesday night that Lakers owner Jerry Buss, upset that he was still waiting for Odom's response, has decided to take the offer off the table. Yet one source told ESPN.com that Odom was never given a deadline to accept or pass on the Lakers' three-year, $27 million pitch."

    Sources: Frustrated Los Angeles Lakers pull offer to Lamar Odom - ESPN
     
  17. G-man

    G-man Starter

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    Dead Mans Hand

    Former NBA star faces Las Vegas casino debt
    Associated Press

    "LAS VEGAS -- Former NBA star Antoine Walker is facing criminal charges over $822,500 in gambling debts to three Las Vegas casinos.
    Documents provided Tuesday by the Clark County district attorney accuse the 32-year-old Walker of three felony counts of writing bad checks. Prosecutors say he failed to make good on 10 checks totaling $1 million written to Caesars Palace, Planet Hollywood and the Red Rock Resort."

    Former NBA star faces Las Vegas casino debt | Sporting News

    Warrant issued for former NBA star in Vegas debt | Sporting News
     
  18. G-man

    G-man Starter

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    Collective Bargaining - (Who's union is it anyway?)

    Stern hopes to return profitability to NBA
    Associated Press - Sporting News

    "The losses that are being shown by the league and the decrease in business, although our decreases are less than many other businesses, are going to be delivered in some detail to the players with an understanding that whatever further details they need they'll have," Stern said after a Board of Governor's meeting on Tuesday.
    The commissioner said less than half the teams in the league made a profit this past season.

    Stern said the board spent a fair amount of the meeting going over the finances for all 30 teams and appointed a 10-member labor relations committee that will be charged with negotiating the next collective-bargaining agreement with the players.

    Stern said that group would meet with the NBA players' association for the first time on Aug. 4 to begin talking about a new deal. The current deal runs through the 2010-11 season."

    Stern hopes to return profitability to NBA | Sporting News
     
  19. G-man

    G-man Starter

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    Tough road to hoe..

    N.B.A. Has Tough Year and Tough Talks Ahead
    JONATHAN ABRAMS - NY Times

    "Commissioner David Stern said Tuesday that less than half the N.B.A.’s teams turned a profit last season and that some owners had argued that a worst-case decrease in the salary cap of 5 percent might be too optimistic.

    Last week, the league predicted that its salary cap could drop to between $50.4 million and $53.6 million in 2010-11, which would represent a loss between 2.5 percent and 5 percent in basketball-related revenue. On Tuesday, Stern added that teams could face at least a 10 percent drop in ticket revenue next season."

    http://www.nytimes.com/2009/07/15/sports/basketball/15stern.html?_r=1&partner=rss&emc=rss
     
  20. G-man

    G-man Starter

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    Rubbin on Rubio

    President of Timberwolves Is Wishing Upon a Star
    Howard Beck - NY Times

    Kahn relaxed in shorts and a polo shirt on a hotel-room sofa, but it will be a long time before he can truly exhale.

    His roster is frightfully young and a bit ragged. Minnesota is the only team in the league without a coach, after the dismissal of McHale in mid-June. Kahn is conducting a search that could involve up to 15 candidates.

    Nothing, however, may induce more stress than the standoff with Rubio, his family and his agent, Dan Fegan. Rubio was easily the most intriguing figure in the June draft, an 18-year-old with uncanny passing skills and court vision and the potential to become a global star. He was expected to be gone by the time the Timberwolves drafted, at No. 5. But when the Sacramento Kings selected Tyreke Evans with the fourth pick, Kahn pounced.

    He unflinchingly refers to Rubio as “a transformative player” and openly daydreams about seeing him play in Timberwolves blue.

    “The way he plays, of course, is an incredibly crowd-pleasing way,” Kahn said. “But he’s not flair and showmanship for the sake of flair and showmanship. The things that he does are very efficiently done. And he is highly competitive. He is, I believe, a winner.”


    http://www.nytimes.com/2009/07/15/sports/basketball/15kahn.html?partner=rss&emc=rss
     

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