It's finally official, Mikhail Prokhorov owns the New Jersey Nets

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nets-logo.gifIt’s the dream of fans of so many struggling NBA teams — start the rebuilding plan by getting a new owner. An insanely rich one willing to spend.

In New Jersey, step one is complete — the NBA Board of Governors has approved Russian billionaire Mikhail Prokhorov as the owner of the New Jersey Nets. Or the Brooklyn-in-waiting Nets. Or whatever you want to call them. It has taken a while to get hear but it has finally come.

Now things get interesting in New Jersey. They have some nice young players, guys like Brook Lopez and Chris Douglas Roberts. They will be playing in Brooklyn within a few years. They now have the richest owner in the NBA (at least until Larry Ellison buys the Warriors in a few months). This is an attractive destination that — maybe not this summer, but soon — is going to land a top free agent.

That, or they can just draft John Wall. Prokhorov is expected to represent the Nets at the draft lottery next week.

By the way, here is the official statement, shouldn’t leave that out:

“We are pleased that the NBA’s Board of Governors approved Mikhail Prokhorov’s purchase of majority ownership of the Nets, welcoming into the NBA ownership ranks the league’s first majority investor from outside of North America,” said NBA Commissioner David Stern.  “We anticipate that his passion for the game and business acumen will be of considerable value not only to the Nets franchise but to the entire NBA.”

NBA: James Harden should have been called for offensive foul late in Rockets’ Game 4 win over Thunder

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The Rockets were trying to protect a two-point lead as they inbounded with 7.8 seconds left in Game 4 against the Thunder on Sunday, and James Harden wanted the ball. So, the Houston star pushed off Alex Abrines.

The play still turned chaotic – Russell Westbrook tipping the inbound pass and Eric Gordon recovering the loose ball – but it never should have gotten that far. Harden should have been called for an offensive foul, according to the NBA’s Last Two Minute Report:

Harden (HOU) pushes off Abrines (OKC) to create space during the inbound.

A correct call would have given Oklahoma City the ball down two with 7.8 seconds left and a real chance to tie or take the lead.

Instead, the Thunder had to intentionally foul Gordon, who hit two free throws to effectively ice a 113-109 Rockets win. Houston now leads the first-round series, 3-1.

NBA: LeBron James got away with travelling before go-ahead 3-pointer in Cavaliers’ Game 4 win over Pacers

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The Cavaliers outscored the Pacers by just 16 points in their first-round series – tied for the narrowest margin ever in a four-game sweep. (The Warriors also outscored the Washington Bullets while sweeping the 1975 Finals.)

So, each Cleveland-Indiana game was close, including Sunday’s Game 4, which the Cavs won 106-102.

LeBron James hit a 3-pointer with 1:08 left to put the Cavaliers up 103-102, and they added a few free throws after intentional fouls to produce the final margin. But LeBron travelled with 1:14 left while making his move to get that 3-pointer, according to the NBA’s Last Two Minute Report:

James (CLE) moves his pivot foot at the start of his dribble.

A correct call would’ve ended Cleveland’s possession and given Indiana the ball with a two-point lead. Instead, the Pacers had only one possession before they had to begin intentionally fouling.

Would Indiana have won if the travel were called? Probably, though the odds would have been only slightly better than a coin flip.

Would the Pacers have won the series if the travel were called? Probably not. No team has ever overcome a 3-0 deficit, and even a Game 4 win was far from guaranteed with a travel call. But they might have at least felt better about not getting swept.

Raptors’ Norman Powell had a couple monster dunks Monday (VIDEO)

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“Give all praise to Norman Powell with his energy, his athleticism, his passion, just everything he brought to us this series.”

That was Kyle Lowry talking about what his Raptor Norman Powell, who put up a career playoff best 25 points in the Raptors’ Game 5 win. Powell played good defense on Khris Middleton and drained some deep threes to help Toronto pull away in this one. Lowry was so impressed after the game at a press conference he told the media to ask Powell questions, not him.

Oh, and Powell threw down some huge dunks, too. Just check out the video.

Pacers offseason plans has Paul George question hanging over it

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INDIANAPOLIS (AP) — The questions started less than an hour after the Indiana Pacers season officially ended.

Will Paul George commit to playing for the Pacers beyond next season? Will Jeff Teague re-sign with his hometown team? What does Indiana really need to become a championship contender?

Nobody wants to learn the answers more than George.

“If we want to win, (Cleveland is) a team that we have to work toward stacking up against,” he said following Sunday’s 106-102 loss to the defending champion Cavaliers. “At some point, if we want to be serious as a team, we’ve got to look at how we can match up against them.”

Obviously, that starts with George. At 26, the four-time All-Star has already played in two conference finals, won an Olympic gold medal – and been eliminated in the playoffs by LeBron James‘ team four of the last six years. George is signed through next season and Pacers president of basketball operations Larry Bird has already promised George would get a max deal.

If George makes an all-NBA team, as expected, the value of that deal could jump by roughly $75 million.

That’s a lot of money to leave on the table if he decides to test free agency when his contract expires following the 2017-18 season.

But there was enough concern that George might go anyway that there were rumors he could be dealt at the trade deadline. And lingering uncertainty could affect what the Pacers do this offseason and there will certainly be more trade speculation about George, with his hometown Los Angeles Lakers likely in any discussion.

So far, George isn’t saying anything about his thoughts.

“I’m not even at that point yet,” he said.

The one thing Indiana can’t afford – getting nothing in return for their best player.

Bird declined to discuss George on Monday while in New York to deliver the Pacers’ bid to host the 2021 All-Star Game. Bird’s problem is this: He can’t do much until the NBA draft, which is two months away, or until free agency opens in July.

That gives George roughly two months to produce an answer.

While George hasn’t said what he wants to see from the organization, he seemed to enjoy being reunited with longtime friend and 2010 draft mate Lance Stephenson. And re-signing Teague may help, too.

But will it be enough to convince George the Pacers are moving in the right direction?

“You take a year like last year, with that group, we felt like if you added a couple pieces to that group we’d have something again,” George said. “We’ll see what moves the team makes and how it stacks up going forward.”

TEAGUE TIME

Teague has repeatedly told reporters all season how much he’s enjoyed playing in his hometown. He was the only player on the Pacers roster to start all 86 games this season.

Bird made it clear last summer after acquiring Teague that the Pacers were trying to sign him to a contract extension. But there’s still no deal and now Teague is on the verge of becoming a free agent and getting a lucrative contract because of changes to the salary cap.

“I love Indiana, man, you know me – born and raised. I’ve got the tattoos on my arm. I’ve wanted to play for the Pacers my whole life,” he said.

UNDER CONTRACT

Many expected the Pacers to be one of the top four teams in the East after making so many moves last season.

Instead, under first-year coach Nate McMillan, Indiana never really got in sync with the exception of a seven-game winning streak at midseason and the five-game winning streak that got them into the playoffs. He doesn’t anticipate going anywhere this offseason.

“I do have a contract for next season,” he said.

TURNING THE CORNER

The Cavs’ series exposed one significant flaw in Myles Turner‘s game – strength. Turner got shoved around inside through each of the first three games before finishing the series with a flurry Sunday.

McMillan made it clear even before Indiana’s final playoff game that Turner must get stronger so he can be a more physical player next season.

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