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.

Rumor: Paul George told former Pacers teammates he wanted to join the Lakers

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Paul George to the Lakers is a capital-T thing.

George is from Southern California, and he keeps indicating his dissatisfaction with the Pacers. He’ll be an unrestricted free agent in 2018. Even Lakers president Magic Johnson is talking about George.

Where do rumors like this originate?

Mitch Lawrence of Sporting News:

A SoCal native, he’s been talking about playing for his hometown team, the Lakers, for a long time. He’s never made his long-term intentions a secret within the Pacers’ locker room, according to former teammates. He wants to wear the purple and gold.

Did George say he dreamed of playing for the Lakers growing up? Did he say it’d be cool to join his boyhood favorite team if the situation presented itself? Or did he say he wanted to get the heck out of Indiana to join the Lakers as soon as possible?

There are so many ways his comments to teammates could get misconstrued as they get passed down in the game of telephone.

But the Lakers threat – to whatever degree it’s real – looms, and it’ll impact how the Pacers handle their offseason.

Jazz call deactivating Jeff Withey, who was accused of domestic violence, ‘strategic basketball-related decision’

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Jazz Center Jeff Withey was accused of domestic violence in a police report filed by his ex-fiancée.

Withey played a small role in Utah’s first two playoff games, but once the accusation over an alleged 2016 incident became public, he hasn’t seen the court. Withey received a DNP-CD in Game 3 against the Clippers, and the Jazz deactivated the center for Game 4 last night.

Ryan McDonald of the Deseret News:

The team called it a “strategic basketball-related decision.”

Withey was always going to see a reduced role with Rudy Gobert returning from injury.

Though Gobert didn’t play in Game 3, the Jazz had two injured players – Gobert and Alec Burks on the inactive list – so Withey was active but never played. But Withey was active for Game 1, which Gobert started healthy before injuring his knee 11 seconds in.

Therefore, deactivating Withey in Game 4 for Joel Bolomboy, a little-used second-round rookie who has yet to play in the postseason, is a curious choice for basketball reasons. It’s almost as if that wasn’t the reason.

Russell Westbrook on Rockets laughing at Andre Roberson missing free throws: ‘Probably the guys that don’t play’

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The Rockets bench made a big production when an intentionally fouled Andre Roberson kept missing free throws in the Thunder’s Game 4 loss to the Rockets yesterday.

Russell Westbrook stuck up for his teammate.

Royce Young of ESPN:

Westbrook:

I didn’t see it. I didn’t see it at all. Probably the guys that don’t play, probably over there the ones laughing, if I had to guess.

Good guess. It appears Montrezl Harrell and Bobby Brown – whose only playing time this series came late in Houston’s blowout Game 1 win – led the jeers.

But the most important thing for the Thunder is Roberson making his free throws. They need him on the court to defend James Harden, which exposes him to hacking. If Westbrook deflecting attention onto the Rockets’ benchwarmers helps Roberson at the line, great. But if not, the Rockets will keep having reasons to laugh.

Magic Johnson winks at bringing Paul George to Lakers

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Paul George-to-the-Lakers rumors have swirled for a while.

New Lakers president Magic Johnson will only fuel them.

Asked how he’d interact with the Pacers star to avoid tampering if they ran into each other, Johnson said on Jimmy Kimmel Live:

We’re going to say hi, because we know each other. You just can’t say, “Hey, I want you to come to the Lakers,” even though I’m going to be wink-winking like [blinks repeatedly]. You know what that means, right?

In explaining how he’d avoid tampering, Johnson probably tampered. Accidental tampering appears to be his specialty.

The Collective Bargaining Agreement says team employees can’t permissibly “induce, persuade, or attempt to entice, induce or persuade, any Player who is under contract to, or whose exclusive negotiating rights are held by, any other Member of the Association to enter into negotiations for or relating to his services or negotiate or contract for such services.” But the league arbitrarily enforces tampering, so who knows whether he’ll be punished?

Johnson almost certainly could have gotten away with the hypothetical conversation he laid out. But going on television and describing it — even as fantasy, even not directly to George — could constitute tampering in itself,

If Johnson helps attract George to Los Angeles, it’d well be worth it. At least he’s trying something.