Governor admits Louisiana has to pay Hornets $7 million

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Part of the deal the Hornets have with the state of Louisiana (which owns their arena) is that if the Hornets do not meet certain revenue benchmarks, the state has to make them up.

Gov. Bobby Jindal said Monday the state will have to pay the team about $7 million this season, the Times-Picayune reports.

In January, the Hornets surpassed the attendance benchmark average of 14,735, a requirement in their lease agreement with the state. But there also is a revenue benchmark included in the team’s amended lease agreement that stipulates the state will have to pay the Hornets’ inducements not exceeding $7.5 million at the end of this season if the team doesn’t gross at least $43.6 million, which is 80 percent of their gross revenue for all potential ticket sales.

You can imagine how well that is going to go over in this economy, with the state tightening its budget everywhere — education programs for at-risk youth, park and museum hours, social services and more are proposed to be cut in the next Louisiana budget. The money for the Hornets was included in last year’s budget.

Jindal made the announcement at an event trying to promote season tickets for the Hornets, the next step in a public/private effort to make it more viable for the Hornets to stay in New Orleans. Getting the finances of the team in order is the first step in finding a new owner that would keep the team in New Orleans. Which is an uphill task but the NBA is at least going through the motions on it.

Warriors break record by paying $3.5 million for draft rights to Jordan Bell

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The Thunder paid the Hawks $3 million for the draft rights to No. 31 pick Tibor Pleiss in 2010. Last year, the Nets paid $3 million just to move up 13 spots in the second round to get Isaiah Whitehead.

The Warriors surpassed that amount, previously the record for spending on a draft pick, to buy the No. 38 pick from the Bulls and get Jordan Bell last night.

Marcus Thompson of The Mercury News:

Golden State also bought the No. 38 pick last year to get a player I rated as first-round caliber, Patrick McCaw, whose rights cost “just” $2.4 million. McCaw had a promising rookie year and even contributed in the NBA Finals.

Bell – whose draft rights drew the maximum-allowable $3.5 million – could achieve similar success. I rated him No. 31 but in the same tier as other first-round-caliber prospects. He’s a versatile defender, capable of protecting the rim and switching onto guards. He’s obviously not nearly the same level, but Bell is in the Draymond Green mold defensively. Bell’s offense doesn’t come close to Green’s, though. Bell could fill a role sooner than later when Golden State needs a defensive-minded sub.

The Warriors have generated massive revenue during their dominant run the last few years. Now, they’re putting some of that money back into the on-court product. Success breeds success – especially when the owners don’t just pocket the profits.

Markelle Fultz was ‘"Excited to head to (City) and join the (team name)’

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The 76ers drafted Markelle Fultz No. 1 overall, placing a ton of attention on the point guard.

He parlayed that attention into a sponsored Instagram post, but he – or whomever posted on his behalf – never changed the stock text the company sent.

Rodger Sherman of The Ringer:

Fultz deleted and reposted, but this was probably a blessing in disguise. If it weren’t for the funny initial oversight, the advertisement never would have gotten so much traction.

Danny Ainge: Josh Jackson canceled Celtics workout while Brad Stevens and I flew there

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The Celtics were the first playoff team to win the lottery, which brought a complication: Some draft prospects and their agents wanted to avoid Boston, which has a deep roster and fewer avenues to immediate playing time.

Lonzo Ball wouldn’t work out for the Celtics, and neither would Josh Jackson. Ball was straightforward all along on his intent to work out for only the Lakers, who ultimately drafted him No. 2.

With Jackson – who was drafted No. 4 by the Suns after Boston traded down and took Jayson Tatum No. 3 – it was more convoluted.

Celtics president Danny Ainge, via CSN New England:

Never talked with Josh. No one in our organization did. I know someone wrote that that was difference, but that’s not the case.

They cancelled a workout on us when we flew out to Sacramento, and they just decided to cancel it as we flew – just Brad and I and Mike Zarren flew cross-country.

So there was something that he didn’t want to play for the Celtics. In spite of that, we’ve watched Josh for two years, and we’re fans. He’s a terrific kid and a good player. So we tried not to overreact to those kinds of things and make a big deal of it.

Agents and players have all sorts of motivations to get to certain places, as we’ve seen in the past. You remember last year, Kris Dunn didn’t want to come here. We didn’t hold it against him. We felt like we were just taking the player that we wanted.

And I think the same thing this time. I don’t think we were trying to penalize Josh too much, but we didn’t get to see him or talk to him face-to-face.

I was mad. We flew cross-country. Are you kidding me? I had to get up at 4 o’clock and fly back home.

There’s nothing to do in Sacramento.

At first glance, this sounds sloppily rude by Jackson and/or his agent, B.J. Armstrong. And maybe it was.

But perhaps there’s more to it? The best professional athletes enter the workforce in conditions unlike anyone else in this country, forced to join whichever single company in their chosen field picks them – the worst companies receiving priority in selection. Players should feel no obligation to help companies in this cartel gather information. Rather, players’ priority should be getting to the company they find most desirable.

Jackson canceling a workout as the Celtics flew to California almost certainly turned them off more than never scheduling the workout in the first place would have. This might have been smart in the long run by Jackson if he didn’t want to go to Boston.

It stinks Ainge, Zarren and Brad Stevens had to deal with it. But it also stinks Jackson has no realistic choice but to participate in a system so unfair to labor.

Still, Ainge responded correctly – trying not to hold the sudden schedule change against Jackson. The Celtics will be better off with the better prospect, whether that’s Jackson or Tatum. If they drafted Jackson, he’d likely get over it. Evaluating Jackson only on what he’d bring to the team is easier said than done, and I’m not sure how well Ainge actually did that. But at least trying to keep that mindset was the right approach.

Jimmy Butler’s trainer calls Bulls GM Gar Forman a liar, less moral than drug dealers

Anthony Souffle/Chicago Tribune via AP
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The Bulls traded Jimmy Butler to the Timberwolves last night, reuniting the star wing with Tom Thibodeau.

Butler apparently took it well. Vincent Goodwill of CSN Chicago:

Butler’s agent showed perspective. Bernard Lee:

Butler’s trainer, on the other hand, took a completely different tone. Travelle Gaines‏:

I don’t like the implication that drug dealers are immoral.

Otherwise, is Gaines right about Bulls general manager Gar Forman? I don’t know what Forman told Butler.

K.C. Johnson of the Chicago Tribune:

I do know Forman probably shouldn’t have allowed himself to be drug into public a back-and-forth with Gaines, especially coming across as scolding the trainer. There’s little to be gained there – much like the trade itself.