Danny Ferry to leave Cavs, resign as GM

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Thumbnail image for CAVALIERS_LOGO.pngMike Brown may have been thrown out, but Danny Ferry is choosing to walk out the door. According to Johnny Ludden of Yahoo Sports, the Cavs’ GM will join their star player in free agency:

Ferry’s contract ends this summer. He had said after the Cavaliers’ second-round loss to the Boston Celtics that he would speak with owner Dan Gilbert to decide whether it was
best for him to continue as GM. Gilbert seemed open to having him stay,
but Ferry, who was disappointed about having to fire Brown, a close
confidante from their days with the San Antonio Spurs, decided to leave less than a month before James becomes a free agent. Assistant GM Chris Grant is expected to take over for Ferry.

Though the Cavs haven’t won a championship since LeBron’s arrival, that wasn’t due to Ferry’s lack of trying. He consistently tinkered with the roster, upgraded and capitalized on trades when the opportunity arose. Say what you will about Mo Williams, but Cleveland acquired him for Joe Smith and Damon Jones. That’s a great get, and just one of Ferry’s notable moves during his tenure as GM.

It should be interesting to see if any other teams are interested in making Ferry an offer to run the show elsewhere. He clearly has talent as a manager, even if the components in Cleveland never quite yielded the ultimate compound.

Whether he finds immediate employment or not, this move is odd. Maybe Ferry sees the writing on the wall, and wants to jump ship on a LeBron-less franchise rather than lock-up in Cleveland long-term. Maybe, as Ludden noted, the decision to fire Mike Brown really did play a significant role in Ferry’s decision. Or maybe he already has another, seemingly more attractive on the table (or rather, under it) to be the GM elsewhere. No one knows at this point.

What we do know is that the man who fought and worked to give LeBron the most competitive team possible is walking even before James does (or might), and the head coach of the Cavs for the last five seasons is already gone. Whether LeBron stays in Cleveland or not, this is the beginning of a new era for the Cavs.

One year after attempted murder charge dropped, Eric Grifin signs two-way deal with Jazz

AP Photo/Rick Bowmer
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SALT LAKE CITY (AP) — One year after having an attempted-murder charge against him dropped, Eric Griffin signed a two-way contract with the Utah Jazz.

Griffin was a member of the Jazz during NBA summer leagues in Salt Lake City and Las Vegas. He averaged 10.8 points, 7.8 rebounds and 3.0 blocks in Vegas.

The 6-foot-8, 205-pound center/forward played for Hapoel Galil Gilboa in the Israeli Basketball Premier League last season, averaging 14.9 points and 7.1 rebounds.

This is the first time the Jazz have used the two-way contracts implemented by the NBA for the upcoming season.

Teams can sign two players to these deals in addition to the 15-man roster. The contracts allow NBA teams to better compensate Gatorade League players expected to spend time with the big league team. Griffin can spend up to 45 days in the NBA.

Warriors fans will need to buy “memberships” to then pay for season seats in new arena

Image courtesy Golden State Warriors
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Going to NBA games — particularly playoffs and NBA Finals games — at Oracle Arena in Oakland is a joy because it is loud and filled with exuberance and love of the sport. It feels more like a college atmosphere (with beer) than it does the more staid feel of many modern NBA arenas. I hope the Warriors don’t lose that when they move into their new arena in San Francisco in the fall of 2019.

What I do know: It’s going to cost some serious bank just to have the right to buy season seats in the new building.

The Warriors are making teams buy “memberships” for the right to buy season tickets — just don’t call them “personal seat licenses.” The San Francisco Chronicle has the details.

The team is calling it a “membership” program, and it will require season-ticket buyers to pay a one-time fee that will enable them to buy their seats for 30 years. In a unique twist yet to be used in any pro sport, the Warriors promise to pay back that fee after 30 years.

Golden State’s ticket plan represents the latest evolution of a business trend that has deep roots here in the Bay Area, where Al Davis and the Raiders were pioneers in selling “personal seat licenses,” and where both the Giants and the 49ers used similar strategies to help finance their new stadiums. The twist the Warriors are stressing is that, unlike PSLs, which required a one-time cost allowing a customer to buy season tickets every year, this plan involves a refund at the end.

How exactly does this work?

If you want to own Warriors season tickets, you would pay a one-time fee for the right to purchase your seats every year for the next 30 years. You can do that in one lump sum, or finance the payments. That’s a big commitment, but the team says memberships will be transferable and can be sold, but only through a marketplace run by the team.

How much are they? The Warriors say about half the memberships will be less than $15,000, the other half scale up from there.

In the Bay Area, there was zero chance the Warriors would be able to get public funding to help them build this new $1 billion arena (as it should be everywhere, but that’s another rant for another time). This is the Warriors’ way to essentially get an interest-free loan to help pay for part of that arena. This is not a plan that will work in every market, but with the money available in San Francisco they can pull it off.

This arena is going to generate a lot of new revenue for the team outside of just this membership fee, and those fattened revenue streams are something Warriors ownership is counting on to help them keep the best — and soon to be the most expensive — team in the NBA together.

Heat re-sign Udonis Haslem

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In 2002, not a single team drafted Udonis Haslem.

For the last 15 years, the Heat haven’t been able to quit him.

Heat:

Shams Charania of Yahoo Sports:

Haslem isn’t receiving another $4 million windfall like he got last year. He’ll earn $2,328,652 – $1,471,382 paid by the Heat and $857,270 covered by the league (as is done on one-year minimum deals for veterans). An NBA contract, even for the minimum, might be enough of a reward at this point.

To whatever extent Haslem still has a position – he has played just 390 minutes in the last two years – he’s probably a center. The Heat have Hassan Whiteside, Kelly Olynyk, Bam Adebayo and maybe A.J. Hammons ahead of him. But this isn’t about getting the 37-year-old Haslem on the court, at least not beyond rare spot minutes, where can still be useful as a defender and rebounder.

The Heat want Haslem’s toughness and veteran leadership. He reinforces their culture, and that might be worth a roster spot.

Report: Bulls, agent discussed Derrick Rose returning to Chicago

AP Photo/Jeff Haynes
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Derrick Rose meeting with the Clippers barely registered. He has to meet with the Bucks twice before most noticed.

But it seems Rose and his agent, B.J. Armstrong, have finally figured out how to drum up attention – leak interest from more prominent teams like the LeBron James-led, championship-contending Cavaliers and big-market, widely followed Lakers.

What team could generate even more buzz?

The Bulls!

Sam Amick of USA Today:

If the talks went beyond Armstrong asking the Bulls whether they would sign Rose and the Bulls declining, I’d be surprised.

There’s probably a part of Rose that wants to return to his native Chicago, but it seems his former team has long moved on.