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.

This is the best missed free throw to game winner you will ever see

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We’ve all seen this situation before at every level of basketball: A team down three points gets fouled in the final seconds and has two free throws, so the shooter aims to make the first free throw then miss the second and create a rebound he or a teammate can grab then throw back in to tie the game. It works about as often as an NFL Hail Mary — either the shooter makes the shot anyway or the defense gets the board — but what other choice is there?

Nobody has ever pulled it off as well as Paulinho Boracini of the Brazilian league team Cearense.

Intentional or not (and I lean not), he banked the second free throw off the rim toward the corner, ran it down himself and hit the game-winning three.

Damn. That’s impressive.

(If Boracini and Cearense sound familiar, you win the award for “watching too much Knicks preseason basketball” because they played New York in a 2015 exhibition.)

Giannis Antetokounmpo doubtful with ankle injury for Bulls game

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MILWAUKEE (AP) The Milwaukee Bucks say Giannis Antetokounmpo is doubtful for Friday night’s game against the Chicago Bulls with a sprained right ankle.

The All-Star forward got hurt in the second quarter of a 127-120 loss on Wednesday to the Los Angeles Clippers when he appeared to trip over teammate Shabazz Muhammad under the Bucks’ basket.

Antetokounmpo is fourth in the league in scoring at 27.3 points a game.


Anfernee Simons declares for NBA draft straight out of high school (kind of)

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Anfernee Simons spent the last year playing high school basketball. But because he did so as a fifth-year prep after technically graduating from high school last year and turns 19 in June, he’s eligible for the NBA draft.

Following a path taken by Thon Maker and considered by Jonathan Isaac, Simons – as expected – is turning pro.

Jonathan Givony of ESPN:

Anfernee Simons will forgo his collegiate eligibility and declare for the 2018 NBA draft, he informed ESPN.

Simons informed ESPN that he will sign with agent Bobby Petriella of Rosenhaus Sports Representation

Simons looks like a mid-first-rounder, though his range is quite wide considering how large of a jump he’s making. Teams can learn relatively more about him in workouts and interviews.

A 6-foot-4 shooting guard who specializes in scoring, Simons is quick on his feet with a quick release off the dribble – with range from beyond the 3-point arc to an impressive floater game. Those floaters will be important, because Simons isn’t nearly strong enough for the NBA. He’s also a lackluster passer, though because of physicality concerns, no team will count on Simons to run an offense anytime soon, anyway. He’ll have time to develop as a distributor.

By signing with agents, Simons loses his college eligibility. Drew Rosenhaus, a big-name football agent, isn’t certified with the National Basketball Players Association. Petriella’s only NBA client has been Diamond Stone, a 2016 second-rounder who’s out of the league. They’re all in this bold venture together now.

As the NBA considers changing its draft rules for young prospects, Simons will be an interesting case study. He obviously meets the draft-eligibility requirements in the one-and-done era, but he’s also jumping from prep-school competition to the NBA. The league’s strength and nutrition programs should serve him well. His overall development could influence the wider debate.

For third time in career, Dwight Howard suspended for technical fouls

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In the midst of his historic 32-point, 30-rebound game, Dwight Howard picked up a technical foul for arguing about an uncalled foul when his shot was blocked.


Charlotte Hornets center Dwight Howard has been suspended one game without pay for receiving his 16th technical foul of the 2017-18 season, it was announced today by Kiki VanDeWeghe, Executive Vice President, Basketball Operations.

Five players have been suspended 11 times under NBA’s current technical-foul policy, which went into effect before the 2005-06 season and suspends players one game for their 16th technical and another game for every other subsequent tech each season.

The full list of suspensions:

  • Rasheed Wallace 2006-07
  • Rasheed Wallace 2006-07
  • Stephen Jackson 2008-09
  • Dwight Howard 2010-11
  • Dwight Howard 2010-11
  • DeMarcus Cousins 2013-14
  • Blake Griffin 2013-14
  • DeMarcus Cousins 2015-16
  • DeMarcus Cousins 2016-17
  • DeMarcus Cousins 2016-17
  • Dwight Howard 2017-18

The Hornets are already out of the playoff race, and Howard will serve the suspension against the tanking Grizzlies tonight. He loses $162,069 in salary, but the effects of this suspension are relatively minimal.

However, Howard will miss his first game this season. Playing all 82 games would have been quite an accomplishment at this stage of his career.