madison-square-garden

Magic/Knicks game at Madison Square Garden postponed due to asbestos issue

3 Comments

Asbestos that fell from the ceiling of Madison Square Garden onto the playing surface area has led to the postponement of the Magic/Knicks game scheduled for tonight, according to the Knicks.

Knicks officials say the game has been postponed out of “an abundance of caution” and that the arena will remain closed until the situation is fully resolved.

Madison Square Garden is undergoing a massive, $800 million renovation — that is the reason the NBA Draft had to be moved out of the building’s theater next June — and when cleaning was being done in an attic above the court/ice surface area, asbestos was knocked loose, according to the Knicks.

Media first noticied the problem 2:10 p.m. this afternoon, as the basketball court at the Garden was not down. Work hasn’t even started.

The New York Rangers played last night and, as you can see from a photo at Fox Sports Florida, the ice is still down inside MSG. Even the boards are still up from the hockey game. The asbestos fell down onto the ice, which is why the court was never put down.

This kind of problem seems to follow the Magic around. Their preseason game in Tampa Bay against the Heat had to be cancelled after a wax used on the floor left it too slick to play.

The date for a rescheduled Knicks/Magic game has not been set yet. How long Madison Square Garden will be closed and if this impacts other events remains to be seen. The next Knicks home game is Friday against the Wizards, and if they have to move it the Meadowlands in New Jersey could be the spot (the place the Nets just moved out of, enjoy the coincidence).

As funny an anecdote as this seems, asbestos is a serious issue so it is possible the Garden will not be open by Friday, a lot of caution will be used.

Timberwolves purchase Iowa Energy D-League team

Fort Wayne Mad Ants v Santa Cruz Warriors - 2015 D-League Finals Game Two
Leave a comment

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)
Leave a comment

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)
Manuela Davies/Getty Images
2 Comments

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)
Getty Images
Leave a comment

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.