You can own the Memphis Grizzlies, all you need is a spare $250 million or so. Start checking the cushions in the couch for some spare change, you’re just about there.
Owner Michael Heisley is willing to sell, if the price is right, he said in a recent interview with the Commercial Appeal.
I’m 73 years of age. My family is not going to take over this basketball team. My point is very simple. If the right person makes a reasonable offer for the team I will sell it. If the minority (local) owners want to come up with a reasonable offer, I would love to sell it to them. I think they would make great owners. If it’s not to be, it’s not to be.
Quite frankly, I don’t have to sell this team. I’m not in any financial difficulty. We have to be a model for what has to be done in the new era of pro basketball when teams are losing the kind of money they’re losing. Some people have got to be more fiscally responsible. We’ve lived within the rules. I’ve taken the heat. Everybody says I’m cheap. But I’ve shown that it does you no good to just go out and spend huge amounts of money.
Heisley owns a good young team, but one that has some financial challenges coming up — keeping Rudy Gay this summer, for one. They can match any offer for Gay, but will they want to if another team that misses out on the big three decides to overspend to get him?
Memphis has built a good foundation on and off the court, but they are the quintessential small market team — they are never going to make big revenue from television rights. According to Forbes, they also only generate about $322,000 a game in gate receipts (compare that to the Lakers who pull in nearly $2 million a game). If you’re going to build the Grizzlies into a winner, you’ll have to do it by being smarter than everyone else.
Of course, everyone reading this knows they are smarter than everyone else, so if you have that $250 million laying around…
The Chicago Bulls are one of the teams getting a D-League affiliate franchise this season. The Windy City Bulls will play in the suburb of Hoffman Estates, and now they have a head coach: North Carolina State assistant Bobby Lutz.
Via Upside & Motor‘s Chris Reichert:
Lutz was previously linked to the Bulls’ D-League job in July but there was confusion as to whether he would actually get the job. Now, it appears he has. And he has familiarity with the coaching staff, having served as an assistant coach at Iowa State under Fred Hoiberg in 2010-11, prior to going to NC State.
The release of NBA 2K17, the latest edition of the popular 2K video-game series, is less than a month away. Players are starting to get their likenesses in the game, as well as their player ratings, and tweet them out. Magic forward Evan Fournier wasn’t too happy with the way his came out.
Fournier’s countryman Rudy Gobert got in on the fun, too, changing his Twitter avatar to Fournier’s screenshot and encouraging others to do the same. He even created a hashtag for it.
At least they’re having fun with it.
On Friday, the Jazz traded German center Tibor Pleiss to the Sixers along with two second-round picks for Kendall Marshall. The big draw of the trade for Philly was the picks, and Pleiss is not expected to stay with the Sixers, according to Comcast SportsNet Philadelphia’s Jessica Camerato.
Pleiss had a forgettable season with Utah, and the Sixers have a glut of bigs including Nerlens Noel, Jahlil Okafor, Joel Embiid and Dario Saric. It would have been virtually impossible for Pleiss to crack the rotation, and it’s unlikely another team picks up his contract, which has $3 million guaranteed this season.
As a Jordan Brand athlete, Russell Westbrook is under the same Nike umbrella as former teammate Kevin Durant. But his latest Jordan spot, released Friday, has a very pointed tagline: “Some run, some make runways.”
Given the circumstances, it’s hard to interpret that as anything other than a reference to Durant signing with the Warriors and Westbrook signing an extension with the Thunder.