Al Harrington

What’s the holdup on ‘Melo deal? Al Harrington’s bad deal.

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UPDATE 12:53 pm: Here is the latest, from multiple reports, at this time on the still pending Carmelo Anthony trade:

Everything seems to be in Denver’s court, but they continue to tweak offers and try to work out the best deal — they have even pushed the Nets to take on Renaldo Balkman in addition to Al Harrington. Which is the kind of dump of toxic assets the banks did on the government. The Nets, for obvious reasons, not really going for that.

The Pistons are going to get second round picks to go with Troy Murphy (expiring deal) and Johan Petro (they will be stuck with him).

Chauncey Billups is not taking part in Monday’s light practice in Denver, but Anthony and the other people in the trade are.

And can the Nets, having gone this far down the path, really back away from the deal? They are (and their fans are) emotionally invested. Hard to back away once that happens.

10:26 am: This summer, when the Nuggets realized that Chris Anderson and Kenyon Martin would miss the first part of the season, the Nuggets went after Al Harrington to bolster their front line. They got into a little bidding war with the Mavericks and ended up winning it with a five-year, $33 million deal.

Now that contract is standing in the way of a Carmelo Anthony trade, according to Chris Broussard of ESPN on twitter (he tends to be more accurate than a lot of the sharks in the trade rumor waters).

Holdup to NJ-Den-Det trade is that Den wants NJ to take Al Harrington. NJ doesn’t want to b/c Al has 4 yrs, $28 mill left on deal.

Technically, the last two years of that deal are not fully guaranteed (he can be bought out for 50 percent), so think of it as two years, $20 million. Still, nobody really wants that deal. Which is probably why he has been in and out of the rumored variations of this deal.

The proposed trade  has Anthony, Chauncey Billups and Rip Hamilton going to the Nets; while Denver would get Devin Harris, Derrick Favors, Anthony Morrow, two first round picks, and maybe or maybe not Harrington. Detroit would give up Hamilton, who is owed $12.5 million next season, to take on the expiring deal of Troy Murphy this season. There are other picks and parts, but that is the core of the deal.

Harrington was not in the versions of the trade circulating late last night, but Denver seems to have thrown him back in the mix. Which fits with reports that they continually tweak the deal and seem hesitant to pull the trigger. Of course, they can do that so long as New Jersey’s offer is on the table. Nobody has put real pressure on them to make up their minds. Some other thoughts from Broussard.

NJ could try to recruit s 4th team to take Harrington, but their hope is that Den eliminates Harrington request.

NJ will give Detroit a draft pick for taking Petro, not determined whether 1st or 2nd rounder yet.

Billups won’t hold up deal, but sources just told me he will either want a buyout after season or a long-term commitment (extension) from NJ.

Personally, to take on the Johan Petro contract, you’d have to give me a first rounder.

Anthony himself said he didn’t think this trade was about to happen. There are a lot of moving parts, a lot of teams (and players and agents) involved, things never move fast because of that.

So we wait.

D.C. on hook for additional $10 million for Wizards practice facility

NEW YORK, NY - OCTOBER 01:  Senior Sports Writer at Time Inc. Sean Gregory and Founder, Majority Owner, Chairman and Chief Executive Officer Monumental Sports & Entertainment Ted Leonsis speak onstage at the 2nd Annual 'NYVC Sports' Venture Series: The Future of Sports Digital Media panel during Advertising Week 2015 AWXII at the Liberty Theater on October 1, 2015 in New York City.  (Photo by Grant Lamos IV/Getty Images for AWXII)
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The Wizards are getting a new practice facility.

For some reason, the Wizards have to pay just $4.46 million for it. Washington D.C. will cover the rest.

How much is the rest?

More.

Jonathan O’Connell of The Washington Post:

The District”s sports and convention arm, Events DC, is proposing a series of upgrades to a planned Washington Wizards practice facility and entertainment center in Southeast that would  likely reduce the total number of seats but add $10 million to the original $55 million price tag.

The new spending would be paid for by Events DC, which is funded by a percentage of hotel occupancy taxes. It does not require approval by the D.C. Council but will have to be voted on by the Events DC board Aug. 11.

Wizards owner Ted Leonsis pledged to move the team’s practices there as well as home games for the Washington Mystics and a future Wizards’ NBA D-League affiliate team. His company, Monumental Sports & Entertainment, agreed to pay $4.46 million — or 8 percent of the original $55 million cost.

But in a July 26 letter to D.C. Council Chairman Phil Mendelson, Gregory A. O’Dell, president and chief executive of Events DC, wrote that the original $55 million budget was “based on a preliminary estimate, as development and analysis of the program and concept design had not yet been performed.”

So, the District agreed to pay for a project without knowing how much it would cost and got the primary beneficiary — Leonsis — to kick in a share based on a low early estimate? It’s almost as if politicians are inept or have ulterior motives.

At least Wizards practices and WNBA games will bring plenty of new money into the community.

As Leonsis said, “There’s never been a better time to be an owner of an NBA franchise.”

Jimmy Butler says he no longer has chip on shoulder, still works hard but uses different approach

CHICAGO, IL - APRIL 20:  Jimmy Butler attends Bonobos Michigan Avenue Launch Party at Bonobos Guideshop on April 20, 2016 in Chicago, Illinois.  (Photo by Daniel Boczarski/Getty Images for Bonobos)
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The Bulls reportedly believe Jimmy Butler has changed as he has emerged into stardom.

Where would they get that idea?

Vincent Goodwill of CSN Chicago:

This is mostly semantic. If Butler — who began his college career at a junior college and was drafted No. 30 — feels he no longer has a chip on his shoulder, that’s how he feels. What is he supposed to do about that? As long as he continues to work hard and finds new sources of motivation, he’ll be fine.

It’s just an unconventional approach. Most players, even once they find success, talk about continuing to be motivated by earlier slights.

Having a chip on his shoulder got Butler far, so it’s a little unnerving to see him switch from a mindset that worked. But people change — sometimes for the better, sometimes not. Chicago has little option but to ride it out as Butler finds himself.

Doc Rivers: If Paul Pierce retires, Clippers would let him join Celtics first

BOSTON, MA - APRIL 3:  Head coach Doc Rivers and Paul Pierce #34 of the Boston Celtics share a laugh at the end of the fourth quarter against the Detroit Pistons during the game on April 3, 2013 at TD Garden in Boston, Massachusetts. 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 Jared Wickerham/Getty Images)
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Clippers forward Paul Pierce is mulling retirement, which would mean another franchise icon could leave the NBA this summer — Lakers great Kobe Bryant, Spurs great Tim Duncan and Celtics great Pierce.

However, unlike Kobe and Duncan, Pierce left his original team.

Personally, I don’t think stints with the Nets, Wizards and Clippers do much to diminish Pierce’s Boston bona fides. Everyone will remember him as a Celtic. Fifteen years and a championship in Boston will do that.

But just in case you need more reason to tie Pierce to the Celtics, Clippers president/coach and Pierce’s former Boston coach Doc Rivers has a plan.

Rivers, as transcribed by Jay King of MassLive:

“If Paul decides to retire then we’re going to make sure that Boston picks him up for one day and he retires a Celtic because that’s what he should retire as,” Rivers said during an episode of The Vertical podcast with Adrian Wojnarowski, which was released early Thursday. “So we have all that in place. We just don’t know what he’s going to do.”

Apparently, Amar’e Stoudemire is a trendsetter. Stoudemire signed with the Knicks to retire, the first NBA player in memory to sign with a team for that ceremonial reason. Previously, it’d mostly been done in football and baseball.

If Pierce wants to follow that path, kudos to Rivers for allowing it to happen.

Rivers just has to make sure he executes the transaction wisely.

The Clippers would waive Pierce, and presumably, nobody would claim him to interfere. Pierce could then signed an unguaranteed contract with Boston. Pierce would retire, and the Celtics would waive him to clear his salary from their books.

But Pierce is due $3,527,920 on his current contract this season, and $1,096,080 of his 2017-18 salary is guaranteed. If the Clippers just waive him, they’ll be on the hook for that money. They can pay Pierce as a retirement gift, as the Spurs did with Duncan. But that seems foolish for a team facing the hard cap and without such deep ties to the player.

Before waiving Pierce, the Clippers should renegotiate the guaranteed portion of his salary (a buyout) — all the way down to $0. If Pierce is retiring, his team no longer has to pay him. Reducing his guaranteed salary would just hasten the process of getting him back to Boston.

This isn’t that complicated. It just requires Rivers to get the details of cap management correct. Actually…

Carmelo Anthony predicts Knicks-Bulls on Christmas or opening night

CHICAGO, IL - MARCH 23: Carmelo Anthony #7 of the New York Knicks shoots over Jimmy Butler #21 of the Chicago Bulls at the United Center on March 23, 2016 in Chicago, Illinois. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using the photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Jonathan Daniel/Getty Images)
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Carmelo Anthony said the Knicks should have gotten a Christmas game last year. In hindsight, the NBA reportedly agreed.

So, Anthony expects New York to get a marquee matchup — against the Bulls — on either Christmas or opening night.

Chris Herring of The Wall Street Journal:

The storylines are overflowing.

The Knicks added Derrick Rose and Joakim Noah — two former Bulls — to join Anthony, who strongly considered Chicago in his last free agency. The Bulls answered with a couple big names: Dwyane Wade and Rajon Rondo. They’ll join Jimmy Butler, whose stature is only growing — just like Kristaps Porzingis in New York.

Those are plenty of attention-drawing players, and the league will want to capitalize, even if we’re talking about a couple middling Eastern Conference teams.

Of course, it doesn’t hurt that New York and Chicago are huge markets.