Phil Jackson would like to have a vodka with Mikhail Prokhorov

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PJackson3.jpgLike sands through the hourglass, so goes the daily Phil Jackson speculation, reality be damned. I guess we have to dive in again today…

Phil Jackson has not had anyone reach out to him through back channels about coaching in Chicago or anywhere else next year. And he is not going to Chicago.

But new Nets owner Mikhail Prokhorov? His answer there (as reported by the New York Daily News) was vintage Phil.

“I’d like to have a vodka with him at some point. He seems like a very interesting young man,” Jackson told reporters before Game 4 of the Western Conference Finals last night.

The pregame press conferences with Phil Jackson now seem to ritualistically include some discussion of his future plans. The questions range from the serious to the silly, but they are always there.
 
Tuesday night Jackson used that press conference to squash any slim hopes of him returning to Chicago, according to ESPN (which first reported the story he was contacted by the Bulls).

“I have no, at all, desire to go back to Chicago and coach the Bulls,” Jackson said.

Nets president Rod Thorn vehemently denied reports he has reached out to Jackson.

“I have not reached out to anybody about Phil Jackson through any back channels, front channels, side channels or any channels,” Thorn said yesterday — with a bit of a laugh.

The Nets are a great coaching opportunity — for someone that wants to build a team. Even taking Derrick Favors third (as our Rotoworld mock draft suggests) means a solid front line of Brook Lopez at center, Favors at the four, Devin Harris at point, with Courtney Lee and Chris Douglas Roberts still around. That’s a nice young core that just needs an elite free agent to become a real threat. Add in the insanely rich owner and the upcoming move to Brooklyn, and this job has a lot of potential/

But Phil Jackson is not about potential anymore. He is close to retirement, he does not want to build, and he wants rings. Now. If he is not going to Chicago, what other team looking for a coach is on the verge of contending immediately? You’ll be lucky to win 40 games with the Nets nex year

Jackson is serious when he says he has not thought seriously about his future plans. He suddenly has enough to worry him in Phoenix and he always waits until after the season to decide what to do about next year. But those closest to him say that he is happy right now in the lifestyle and situation he is in, and is not likely to make a change.

But what is the fun about speculating about that? So you can expect these stories to continue.

Timberwolves purchase Iowa Energy D-League team

Fort Wayne Mad Ants v Santa Cruz Warriors - 2015 D-League Finals Game Two
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MINNEAPOLIS (AP) The Minnesota Timberwolves have purchased the Iowa Energy and will begin a direct affiliation with the NBA Development League team next season.

The Timberwolves announced the agreement on Monday. Owner Glen Taylor is purchasing the team, which previously had a hybrid partnership with the Memphis Grizzlies. The Wolves will become the 18th NBA team to have a direct affiliation with a D-League team.

It’s a growing trend across the league for franchises to use the minor league teams to help develop young players, coaches and executives and help players rehab injuries.

The Timberwolves were looking for a team close to the Twin Cities to allow for easy back-and-forth travel. Energy owner Jed Kaplan will remain with the team and partner with Taylor.

Denver reportedly claimed Mo Williams off waivers. Again. Then will waive him. Again.

CLEVELAND, OH - JUNE 22:  Mo Williams #52 of the Cleveland Cavaliers looks on during the Cleveland Cavaliers 2016 NBA Championship victory parade and rally on June 22, 2016 in Cleveland, Ohio.  (Photo by Mike Lawrie/Getty Images)
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This is starting to make Vanilla Sky easy to follow.

It’s all about the dead-money contract of Mo Williams, and the Sixers and Nuggets trying to save a few bucks. Everything starts with Williams being owed $2.2 million this season, however, he decided he didn’t want to play anymore and didn’t show up to Cleveland’s training camp. The Cavaliers kept Williams on the roster — and more importantly the financial books — in case they could use his salary in a trade. Which they did, shipping him to Atlanta as part of the Kyle Korver deal. Atlanta quickly traded Williams to Denver, because the Nuggets wanted to add $2.2 million to their payroll and bring them closer to the salary floor. However, the Nuggets didn’t want him on the roster, so they waived him. Then the Philadephia 76ers claimed Williams off waivers — that moved them closer to the salary floor and negated the Nuggets savings. But we’re not done yet, the Sixers didn’t want Williams soaking up a roster spot, so they waived him.

And now we’re back in Denver, reports Marc Stein of ESPN.

That would be Alonzo Gee, who they have already signed to one 10-day contract (he can have two before Denver has to make a decision on keeping him).

Why are Denver and Philly doing this? To save a little money. The NBA doesn’t just have a salary cap, it has a salary floor that is 90 percent of the cap, which means this season it is $84.7 million. Teams that don’t reach the floor — and with the fast rise in the salary cap last summer, there are a few teams in this boat — have to pay the players on the roster the money they are short of the floor (for example, if a team is $10 million, short of the floor, the $10 million gets divided up among the players on the roster). For Denver, they can shave $2.2 million off that bill by being the last team to waive Williams. Philly wanted the same thing.

Salary cap guy Albert Nahmad explained on Twitter who saved how much with all these deals.

Will Philly just claim Williams again? They can, Nahmad explained why they probably will not.

What would be funny now is another team to step in and claim Williams. Okay, it’s not really that funny.

Report: Magic offered first-round pick, Nikola Vucevic to Heat for Goran Dragic

ORLANDO, FL - OCTOBER 26: Goran Dragic #7 of the Miami Heat goes to the basket against Elfrid Payton #4 of the Orlando Magic on opening night on October 26, 2016 at Amway Center in Orlando, Florida. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Manuela Davies/Getty Images)
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We already knew the Magic were interested in Heat point guard Goran Dragic.

Orlando has an excess of power forwards and centers (or players who should be at those positions) – Serge Ibaka, Bismack Biyombo, Nikola Vucevic, Aaron Gordon, Jeff Green – and have been better with an offense-first D.J. Augustin starting and Elfrid Payton coming off the bench. Dealing a big man for Dragic would be logical.

This isn’t that.

Marc Stein of ESPN:

Orlando, according to league sources, recently tried to engage Miami on a Goran Dragic deal in which the Magic were said to be offering center Nikola Vucevic and a future first-round pick.

Dragic is on the wrong side of 30 and due more than $54 million over the next three years. The Magic are 18-28, 4.5 games and four teams out of playoff position.

Why would they want a player like Dragic?

Orlando should focus on building for future seasons, which means not swapping first-round picks for veterans. There will probably be better avenues for a point guard upgrade offseason. If not, the Magic can always get a solid point guard for one of its bigs and a first-rounder. There should be no rush to pursue a deal like that now, because a late playoff push is impractical.

Perhaps, the protections on the pick are strong enough to make this deal palatable for Orlando. But this just reeks of general manager Rob Hennigan mortgaging the future to show progress now, even if that’s foolish for the organization.

Miller family transfers ownership of Jazz to trust that will keep team in Utah

SALT LAKE CITY, UT - NOVEMBER 4: General view of the former EnergySolutions Arena which has been renamed Vivint Smart Home Arena, where the Portland Trail Blazers will play the Utah Jazz on November 4, 2015 in Salt Lake City, Utah. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Gene Sweeney Jr/Getty Images)
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Since Larry Miller died back in 2009, there have been some around the league that thought the Jazz might eventually be sold out of the family, most likely to an owner looking to move them out of Utah. The Miller family has denied that vehemently, and there has been not even a step that direction, but it’s easier to kill Freddy Krueger than an NBA rumor.

Monday, the Miller family killed that rumor for good, taking an unprecedented step that will keep the Jazz in Utah for a long, long, time.

Gail Miller has transferred ownership of the Utah Jazz and Vivint Smart Home Arena into a Legacy Trust that will keep the Jazz in Utah for what she said would be “generations.”

“As a family, we have always considered the Utah Jazz a community asset and it has been our privilege to serve as stewards of this team for more than 30 years,” Miller said. “There have been many opportunities to sell and move the franchise, but from the day Larry and I purchased the Jazz our goal was to keep the team in Utah. The Legacy Trust will help to ensure this commitment is kept for generations to come.”

The Miller family will continue to manage the trust (along with a board of directors) as well as the Jazz the organization. However, the Miller family will not profit from the running of the team as it had before. That eliminates the profit motive for selling the Jazz.

“As a family and company, we have always been committed to doing things the right way and working to achieve our mission of enriching lives and giving back,” said Miller. “This trust and our new corporate structure will continue this important legacy in perpetuity and represents our commitment and deep love for the State of Utah.”

Jody Genessy, Jazz writer for the Deseret News, added these notes from the press conference for the announcement.

This is a huge win for the fans in Utah. It’s also a win for the NBA — billionaires buying up teams with the promise/idea of moving them is not good optics for the league. Adam Silver has favored stability (he was one of the key reasons the Kings are still in Sacramento), and this is a step in that direction.