Paul Allen

Portland owner, one of world’s richest men, complains about NBA finances

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For some context, Portland Trail Blazer owner Paul Allen is worth $13 billion dollars according to Forbes. That would make him the 21st richest man in the United States. Which is the kind of money you get when you are one of the founders of Microsoft. Put it this way: When it was time to interview Rich Cho for the Trail Blazers’ GM position, Allen few Cho out to do the interview on his yacht in Helsinki, where he was vacationing.

So when Paul Allen complains about the economic system in the NBA it’s not that he can’t afford it. It’s that he feels he shouldn’t have to.

And in his new biography — with the NBA parts reviewed at Blazers Edge — he complains not about the salary cap or percentage of Basketball Related Income, he complains about revenue sharing. You know, the things the players union keels bringing up.

Allen also goes into a fair bit of financial detail about the Blazers. He says he purchased the team for $65 million after making a “handshake deal” with previous owner Larry Weinberg and that he sunk “more than a half billion dollars in the franchise” prior to filing for bankruptcy to restructure the Rose Garden deal.

By the end of the chapter, Allen is advocating for a more level playing field between small market and big market teams. “We’re doing just about everything right, but we’re still losing money,” Allen writes. And, due to contract extensions for Brandon Roy and LaMarcus Aldridge, the Blazers “won’t be turning a profit anytime soon, a fact that speaks volumes about the plight of smaller-market franchises in the NBA.” He points out that the NBA has yet to address the “big market / small market discrepancy” in revenue generating potential and says that in his “perfect world” the NBA would be a place where “the most successful NBA teams wouldn’t necessarily be those with the biggest local television markets or corporate-suite bases.”

Perhaps most interestingly, Allen says that he met with NBA commissioner David Stern in New York City when the Rose Garden was in bankruptcy to discuss his options. Stern’s response: “Well, you can always sell your team.”

Allen is a private person who doesn’t talk much, but is now. He did a long sit down with the Oregonian talking about the book and more — why he had to have the team file bankruptcy to get out of the Rose Garden deal, his relationship with Clyde Drexler, why Qyntel Woods disappointed him, and even Greg Oden’s knees. It’s worth a read.

In that interview he sounds more like one of the owners who is looking for this new Collective Bargaining Agreement change the economic playing field for small market franchises. But he realizes revenue sharing has to be a part of that. And David Stern said that was discussed frankly by owners at the last Board of Governor’s meeting. But that is very, very different than having a consensus.

Allen could use that economic change and some revenue sharing cash, because he is locked into Brandon Roy for a long time now.

One other interesting line that Blazers Edge pulled out.

Allen on Michael Jordan: “I’ve seen just one other person up close who compared to him, who wanted not only to beat you but to crush you if he could. Those two stood apart for raw competitiveness: Michael Jordan and Bill Gates.”

Briante Weber goes from Warriors to Hornets, signs 10-day contract with Charlotte

BOSTON, MA - APRIL 13: Briante Weber #12 of the Miami Heat looks on during a timeout against the Boston Celtics at TD Garden on April 13, 2016 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 Mike Lawrie/Getty Images)
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Backup point guard Briante Weber has signed a 10-day contract with the Charlotte Hornets. This comes after Weber signed two 10-day contracts with the Golden State Warriors earlier in the season. News of the signing was first reported by Yahoo! Sports.

Weber, 24, played his college games at VCU and in his work this season for Golden State was somewhat disappointing. In seven games, Weber put up 9.4 points, 3.9 assists, 3.1 rebounds, and 2.3 steals per-game. His advanced numbers tell a bit of a different story, where his box plus/minus was -6.1.

Charlotte will look to use Weber in a backup role to Kemba Walker. Ramon Sessions had been playing rotation player minutes for the Hornets until early February when he suffered a left knee injury that could keep him out up to six weeks.

Stephen Curry assist wins Warriors fan $5,000

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Stephen Curry wasn’t just setting up teammates Saturday night, he was helping out a fan.

One of the Warriors in-game entertainment bits is to have basically adult skeeball for cash. One female fan was doing about as well as I do at arcade skeeball when Stephen Curry ran out to give her a little help and win her $5,000.

The Warriors went on to beat the Nets and clinch a playoff slot with the win.

Paul George ejected for arguing calls, Pacers go on to lose to Heat

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Paul George already had one technical in the game (from a double technical situation), when he thought he was fouled and should have gotten a call fairly early in the third quarter of a tight Pacers game against the Heat.

George apparently wouldn’t let up barking at the referees, maybe said some magical words, but whatever happened the officials hit him with a second technical. He was tossed. You can see the reaction above.

The Pacers hung close in the game until the Heat went on a 21-4 run to open the fourth and that was the ballgame. If you’re the undisputed leader of your team — as George is — you just can’t get tossed for things like this.

Warriors first team to clinch playoff slot with win over Nets

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OAKLAND, Calif. (AP) — Stephen Curry scored 27 points on a night Kevin Durant missed his first game of the season with a hand injury, and the Golden State Warriors beat the Brooklyn Nets 112-95 on Saturday to clinch a playoff berth.

Klay Thompson added 24 points. Curry converted a four-point play just before halftime to put his team up 62-51 at the break. The two-time reigning MVP had five 3-pointers and five assists.

This is just a first step for these star-studded, NBA-best Warriors (49-9): They want the No. 1 seed in the West. Oh, and a championship.

Durant sat out with a bruised left hand. He injured his pinkie in the first quarter of a 123-113 win over the Los Angeles Clippers on Thursday night, and X-rays were negative. He practiced Friday with his left hand heavily taped and still had some discomfort Saturday.

Rondae Hollis-Jefferson scored 16 points in the Nets’ 16th straight defeat.