Bulls are raking in profits if not wins

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Location. Location. Location. And a favorable stadium deal.

In the world of profit and loss, the Bulls are your NBA champions. Last season, the Bulls made a profit of about $51 million. Over the last three years that sum is $165 million. Over the last decade the Bulls have made owner Jerry Reinsdorf $474 million in operating profit.

That is more than any team in the NBA. It is more profit than the Yankees made in the last decade. The Bulls may not have been a winner on the court since the Jordan era, but they have been a winner for Reinsdorf.

Doug Thonus over at Bulls Confidential took the time to compile the profit each team has made for the last 10 years — as estimated by Forbes, since the NBA owners won’t even show the Players Union the real books if they can help it — and the overall picture is that basketball remains a good business.

Especially if you are the Bulls, playing in a major market with a sweetheart stadium deal. Second on the profitability list over the last decade is the Lakers — which makes sense, not only is it another major market they have a lot of playoff dates to get extra revenue from. And a few titles to go with it.

Rounding out the most profitable team top 10 in the last decade is the Suns ($87 million the last three years, $275 million over 10), the Pistons ($126 million, $263 million), the Rockets, Celtics, Spurs, Clippers and Cavaliers.

Yes, Clippers. $140 million over the decade, about $10 million last year. It shows that market and keeping your payroll down matters more than winning.

The numbers also undercut the owners arguments of massive losses heading into the Collective Bargaining negotiations. No doubt, with his economy, team owners have been feeling the pinch the last couple years — Forbes estimates 11 teams lost money last season, and David Stern has said that more than half will this year and the owners will lose about $400 million total.

But over the last three years, nine teams have lost money, and the most lost was $46 million by Portland. In the past decade, seven franchises have not turned a profit — and they are some of the league’s worst-run (Pacers, Timberwolves, Nets, Bucks, Grizzles, Mavericks and Blazers).

Certainly the Mavericks are not poorly run, but don’t weep for Mark Cuban and his $154 million in losses in 10 years — these figures do not include the increase in the value of the franchises. That has steadily risen until the last couple years. Which is to say, the value of Cuban’s Mavericks has gone up a lot more than $154 million in the past decade. If he were to sell the team tomorrow, he would have made a net profit.

But not the kind of profit Reinsdorf makes.

Miami Heat, Chris Bosh issue joint statement saying he is out for playoffs

FILE - In this April 17, 2016 file photo, Miami Heat forward Chris Bosh, center, claps during the first half of Game 1 of a first-round NBA basketball playoff series against the Charlotte Hornets, in Miami. The Heat defeated the Hornets 123-91. Bosh was a cheerleader for Miami's win in Toronto on Tuesday night. He'll be back in that role for Game 2 on Thursday and the question becomes if he'll be back at all this season. (AP Photo/Lynne Sladky, File)
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Chris Bosh was putting videos on Instagram of himself out shooting on the court. His wife had taken to social media using the hashtag #letBoshplay. Bosh had reached out and gotten the players’ union involved. Bosh wanted to play, the Heat and their team doctors were not about to let him after he went back on blood thinners due to a clotting issue that can be life threatening.

It was becoming a distraction to a team up 1-0 in the second round of the playoffs.

Wednesday afternoon the two sides put this to rest.

This was never Bosh’s decision to make alone, it had to be him and the organization on the same page. And the Heat organization was not changing its mind.

Miami had to go small and change their style of play without Bosh, but it has worked — Goran Dragic found room to operate, the Heat offense took off, and the emergence of Hassan Whiteside as a rim protector has kept the defense from slipping much.

The Heat needed seven games to vanquish the Hornets in the first round. While technically underdogs in the second round against Toronto, the Heat have real matchup advantages that could see them advance to the conference finals — likely against LeBron James and the Cavaliers.

It is unfortunate that is happening without Bosh, but there are things more important than basketball. Bosh’s long-term health has to be on that list.

Report: Stephen Curry had platelet-rich plasma therapy on right knee

Golden State Warriors guard Stephen Curry, center left, sits on the bench during the first half in Game 2 of a second-round NBA basketball playoff series between the Warriors and the Portland Trail Blazers in Oakland, Calif., Tuesday, May 3, 2016. (AP Photo/Marcio Jose Sanchez)
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Not that they need him yet, but Stephen Curry has been doing everything he can to get back on the court for the Golden State Warriors by Game 3 on Saturday.

That includes getting platelet-rich plasma (PRP) therapy on his sprained right knee, reports Diamond Leung of the Mercury News.

Warriors guard Stephen Curry said Tuesday he received platelet-rich plasma treatment as part of his treatment on his sprained right knee.

PRP, which is said to promote healing, was given to Curry on the second day of his recovery process, he said.

While thought to be exotic when Kobe Bryant used to go to Germany for this treatment on his knees a few years back, now this treatment is relatively common among professional athletes.

The question remains (and likely will until game day) whether the Warriors will bring back Curry for Game 3. On one hand, they aren’t pressured to do so up 2-0 on the Trail Blazers and with some matchup advantages Portland is not going to be able to solve. The Warriors don’t need to rush him back to make sure they win this series.

On the other hand, between the ankle and now knee injuries Curry has missed a lot of time and there is a rust factor — the Warriors want to shake that rust off against Portland, not in Game 1 of the conference finals against a much tougher opponent. Meaning even if you don’t see Curry in Game 3, you will see him in Game 4 (unless something is more wrong with him than is being let on).

Reports: Kings interviewing Henry Bibby, James Borrego

Detroit Pistons assistant coach John Loyer, left, and Henry Bibby during an NBA basketball game on Sunday,  Oct. 20, 2013, in Orlando, Fla..The Magic defeated the Detroit Pistons 87-86.. (AP Photo/Reinhold Matay)
AP Photo/Reinhold Matay
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Unable to present a quality team, it seems the Kings are trying to woo fans by hiring old favorites.

Vlade Divac is general manager. Peja Stojakovic is director of player personnel. Corliss Williamson is an assistant coach. Sacramento also tried to hire Bobby Jackson.

What about Mike Bibby?

The Kings might settle for his dad.

Jason Jones of The Sacramento Bee:

Marc Stein of ESPN:

Bibby made a name for himself as a coach at USC, where he hovered around .500 from 1996 until 2004. Since, he has coached in the WNBA and bounced between the 76ers, Grizzlies and Pistons as an assistant. He’d be a pretty underwhelming hire.

Ditto Borrego, who looked in over his head when the Magic named him interim coach last season. But that’s not an easy situation for an unproven coach. Returning to the Spurs, coupled with lessons from Orlando, might have Borrego more prepared for his head-coaching job.

Sacramento’s interest in Ettore Messina was already known, and he’d be a solid hire. But would he leave San Antonio for this job? Unlike Bibby and Borrego, Messina comes up for most openings.

The Kings continue to search far and wide for a coach, and that’s smart. Get smart basketball people in a room and ask how they’d fix the franchise. Take notes.

Then, eventually, hire one of them.

Report: Lakers would trade No. 1 pick if they get it

Los Angeles Lakers coach Byron Scott smiles as the studio begins to fill before the NBA basketball draft lottery, Tuesday, May 19, 2015, in New York. (AP Photo/Julie Jacobson)
AP Photo/Julie Jacobson
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The Lakers might not even have a first-round pick this year.

Thanks to the ill-fated Steve Nash sign-and-trade, the Lakers owe the 76ers (via the Suns) a top-three-protected first-rounder. As the No. 2 seed in the lottery, the Lakers have just better than a coin-flip chance of landing in the top three and keeping the pick.

But if the Lakers land the top selection, they might not engage in the Ben Simmons-or-Brandon Ingram debate.

Colin Cowherd of Fox Sports:

Is this a good idea? The answer, as usual, is it depends on what they could get.

There’s a logic to adding another young player whose peak would align with Lakers’ core. D'Angelo Russell (20), Julius Randle (21) and Jordan Clarkson (23) aren’t ready to win. It might be better to add someone who will enter his prime when they do.

But the Lakers’ market and prestige make them a popular free-agent destination, and free agents value winning. Moderate improvements that would stick many teams on the mediocrity treadmill could open the door for the Lakers signing a star.

The Lakers should weigh these factors and trade offers logically and decide what to do if they get a top pick.

Of course, there are other factors. Jim Buss faces a somewhat-self-imposed deadline for contending. To the person in charge, what’s best for the franchise’s long-term outlook might not matter as much as a potential quick fix.