Paul Allen

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

4 Comments

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.”

Russell Westbrook laughs off question about Kevin Durant

LOS ANGELES, CA - DECEMBER 21:  Russell Westbrook #0 of the Oklahoma City Thunder and Kevin Durant #35 discuss play during the first half against the Los Angeles ClipperLos Angeles Kingsat Staples Center on December 21, 2015 in Los Angeles, California.  NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this Photograph, user is consenting to the terms and condition of the Getty Images License Agreement.  (Photo by Harry How/Getty Images)
Leave a comment

At some point, Russell Westbrook will sit down with members of the media and discuss Kevin Durant leaving the Thunder, how he felt about the move, and how it impacted him both personally and professionally.

But not right now. He remains silent.

This Vine making its way around, where Westbrook laughs — probably at the question, although read into that whatever you want — when asked about Durant sums up where we are.

https://platform.vine.co/static/scripts/embed.js

In the full Facebook clip, Westbrook walks away, too. It’s his right. He can talk about it on his schedule.

Rudy Gay, Vlade Divac clear the air

Rudy Gay
AP Photo
Leave a comment

Rudy Gay expressed displeasure with how the Kings were handling trade rumors. Sacramento general manager Vlade Divac retorted that Gay had his phone number.

Apparently, Gay found it.

Sean Cunningham of ABC 10:

Following those comments, Gay told ABC10 on Thursday afternoon that he had since spoken with Divac.

“I have talked to Vlade,” Gay said from his Nike Skills Academy at Hardwood Palace in Rocklin. “I can’t say since Monday stuff has changed, but I just feel like we have a little bit of time to start changing things.”

Gay, who will be entering his 11th NBA season, has insisted he hasn’t demanded a trade and should he remain a member of the Kings by the time training camp opens in October, he says he’ll report and be ready to go.

“At this point in my career I just want to be happy,” said Gay. “I talked to Vlade and we’re trying to make that happen.”

Even if he hasn’t demanded a trade, it sure sounds like Gay would welcome one. I doubt the Kings would mind moving on, either.

But it takes another team to trade for Gay, and so far, one hasn’t emerged.

In the meantime, tensions appear to be eased. Open communication usually helps.

 

Jimmy Butler: I didn’t move Derrick Rose or Joakim Noah from Bulls

PHOENIX, AZ - JANUARY 30:  Joakim Noah #13, Derrick Rose #1 and Jimmy Butler #21 of the Chicago Bulls react during the second half of the NBA game against the Phoenix Suns at US Airways Center on January 30, 2015 in Phoenix, Arizona. The Suns defeated the Bulls 99-93. 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 Christian Petersen/Getty Images)
Christian Petersen/Getty Images
1 Comment

Jimmy Butler said of the Derrick Rose trade, “It had to be one of us.”

Butler also says not blame him for the Bulls losing Rose — or Joakim Noah, who’s also headed to the Knicks.

Jimmy Butler, via Vincent Goodwill of CSN Chicago:

“That has nothing to do with me, I don’t move guys,” Butler said. “People are gonna think what they’re gonna think. I don’t let it bother me. I know where I stand, I know who I am. It’s one more thing for people to talk about. I don’t pay too much attention to it.”

I can believe Butler didn’t directly urge Chicago to trade Rose, but Butler’s presence matters.

Rose and Butler clearly didn’t ideally mesh on the court, and there might have been off-court issues, too. If it weren’t for Butler, the Bulls might have kept Rose.

Noah is a little different, because it seems he, more than the team, was ready for a breakup. Still, that might have also had to do with Butler.

Butler is trying to grow into a leader, a natural progression for someone who became his team’s best player. But that was awkward with the Bulls’ previous leaders — Rose and Noah — still in the locker room. There’s no simple solution, though moving on without Rose and Noah will clear that cloud.

So — without other information — it’s too much to “blame” Butler for Rose’s and Noah’s departures. But Rose and Noah moving from Chicago to New York can still be ascribed to Butler.

It might not have been something asked for directly. It’s just the reality of the situation.

Dwyane Wade: “It’s Jimmy Butler’s team”

4 Comments

Dwyane Wade is back in sweet home, Chicago.

Wade met with the media for the first time and talked about the pairing of himself and Rajon Rondo with the Bulls’ existing star in Jimmy Butler — Wade used the term “three alphas” more than once. But he also was clear about whose team this was going to be on the court.

“We’re not going to go through this all year. It’s Jimmy Butler’s team. Myself and Rondo are here to bring what we bring as athletes.”

Wade added that he would not be a Bull if Jimmy Butler had not personally called him and asked him to come.

Wade took that cue from Shaquille O’Neal when he joined Wade’s Heat team — which eventually led to the Heat’s first title in 2006. The Bulls would love for that kind of result here, although it’s much tougher to see this Chicago roster having anywhere near that kind of impact.