Cavaliers may be losing but Dan Gilbert is making big money

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On the court, Cleveland is an unmitigated disaster. They’ve won one game since the start of December. They are losing big.

On the accountant’s ledger, the Cavaliers are winning big.

It’s the remnants of the LeBron James era — money committed before he was gone more than covers a post-LeBron payroll, as Jason Lloyd explains at the Beacon Journal.

The Cavs’ standard marketing plan, which forced season ticket holders to renew for this season before last year’s playoffs if they wanted postseason tickets, will ensure owner Dan Gilbert his best year financially despite the woeful product on the floor.

LeBron James, Shaquille O’Neal and Zydrunas Ilgauskas combined to make about $50 million last season as the Cavs’ payroll hovered around $100 million the last few years. It is now about half of that.

In addition, Gilbert will not have to pay a luxury tax this season after writing checks totaling more than $40 million in cap penalties the last three years. Instead, he’ll now receive a portion of that money.

Big-money sponsorship deals with the likes of KeyBank, Kia and others were locked in before James departed and the team is in the midst of a $25 million deal with Fox Sports Ohio for television rights.

The Cavaliers consecutive sellout streak just came to an end a couple weeks ago based off old momentum. Payroll is down to $52 million. Those sponsorships will come down but are paying big now.

No doubt Cavs owner Dan Gilbert would trade all the profits back to be title contenders again. (And yes, his accounting is done in Comic Sans.) He may not be the ideal owner but he’s not Donald Sterling. He cares. He may not always be smart about it but he’s not in it just for a profit. He has been willing to spend, on players and on a beautiful new practice facility. That said, you can expect that payroll to stay low for a few seasons as they try to build through the draft and with youth.

The NBA is a business, not going to knock Gilbert for making some money either. So long as much of it gets reinvested in the team.

Willy Hernangomez ‘mad’ about falling from Knicks rotation

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Knicks president Steve Mills started his second tenure talking about rebuilding and listed Willy Hernangomez as a core piece.

But Hernangomez, coming off an All-Rookie first-team season, barely played in New York’s season-opening loss to the Thunder– drawing scrutiny.

Then, he didn’t play at all in a loss to the Pistons – eliciting a strong reaction from Hernangomez himself.

Hernangomez, via Fred Kerber of the New York Post:

“The same. I’m still mad,” Hernangomez said. “I cannot help the team win if I’m sitting on the bench. Two games in a row. It’s tough. I have to wait my moment. I cannot say nothing more.”

The Knicks are moving in different directions. Management is talking about building for the future. Coach Jeff Hornacek, who was hired by previous president Phil Jackson, is trying to win now.

There’s a fine line between developing Hernangomez through playing time and making him earn his minutes. Enes Kanter and Kyle O'Quinn might be better right now.

But being marginally better this season won’t get the Knicks anywhere meaningful except lower in the lottery. On the other hand, even on rebuilding teams, winning is most important to a coach’s job security. Earl Watson implemented the Suns’ tanking scheme, and look where that got him.

Hornacek is backed into a corner, and now one of the team’s most important young players is publicly expressing his displeasure. It’s the latest troubling sign in a locker room already suspicious of Hornacek.

Report: Eric Bledsoe requested trade from Suns before season

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Suns guard Eric Bledsoe tweeted yesterday:

In light of Phoenix’s 0-3 start and Earl Watson getting fired yesterday, that sure looks like a trade request. Still, there’s risk in making assumptions about vague tweets.

John Gambadoro of Arizona Sports 98.7:

Why wouldn’t Bledsoe want out? The 27-year-old is in his prime and stuck on a young team that would rather tank than play him.

It’ll be interesting to see how Bledsoe explains the tweet. He previously paid lip service to his situation in Phoenix, but it appears he’s ready to open up. On the other hand, public trade requests typically draw fines from the NBA.

Another Hornets backup PG injured

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Hornets backup point guard Michael Carter-Williamsout.

Nicolas Batum, who handled a lot of playmaking with Charlotte’s second units – out.

Julyan Stone, another Hornets backup point guard – out.

Hornets release:

The Charlotte Hornets announced today that guard Julyan Stone has suffered a Grade 2 strain of his left hamstring. The injury occurred in practice on Sunday, Oct. 22 and he did not travel with the team to Milwaukee.  Stone is listed as out for tonight’s game against the Bucks and his expected recovery time is estimated at four to six weeks.

The Hornets have been outscored by an astounding 35.8 points per 100 possessions without starter Kemba Walker, producing an offensive rating of just 61.4. That’s in just 23 minutes, but the problem dates back to last season, when Charlotte was outscored by 7.0 points per 100 possessions with a 100.7 offensive rating sans Walker.

Now, the Hornets have little choice but to turn to rookie Malik Monk. Monk is a scoring guard, but his 6-foot-3 size means he has at least worked on playing point guard. Is he ready to play the position full-time for a team eying the playoffs. Probably not, but he’ll just have to do his best to keep Charlotte afloat in the few minutes Walker rests.

Report: Suns also fire three assistant coaches

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The Suns fired Earl Watson just three games into the season – the second-earliest firing in NBA history.

They didn’t stop there.

Adrian Wojnarowski of ESPN:

Firing assistant coaches during the season has become Phoenix’s m.o. I’m just not sure what it accomplishes.

Were Watson, Nate Bjorkgren, Mehmet Okur and Jason Fraser all so bad at their jobs? If so, why did the Suns figure that out simultaneously?

Were the firings designed to shake up a losing team? If so, wouldn’t ousting Watson have been enough?

Will Phoenix replace those assistants? If not, will the team have the resources to properly train its players?

The Suns are filled with young players who need coaching, particularly skill development. This move looks like it will put them further behind.