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.”

Jason Terry says he reached out to multiple contenders, then settled on Bucks

OAKLAND, CA - APRIL 27:  Jason Terry #31 of the Houston Rockets dribbles the ball against the Golden State Warriors in Game Five of the Western Conference Quarterfinals during the 2016 NBA Playoffs at ORACLE Arena on April 27, 2016 in Oakland, California. 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 Getty Images License Agreement.  (Photo by Ezra Shaw/Getty Images)
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Jason Kidd wanted Jason Terry to come to Milwaukee to provide a veteran presence for a young team. There are not a lot of minutes to go around — Matthew Dellavedova and Kris Middleton start in the backcourt, and Giannis Antetokounmpo will have the ball in his hands a lot — but there is a chance for Terry to mentor and share run with Rashad Vaughn and Malcolm Brogdon.

Before signing with the Bucks, Terry said on his SiriusXM NBA Radio show Monday he considered other options including Cleveland and Golden State.

“I had a couple of contenders that I was seriously looking at. Two of them were in the Finals. I made a call to Pop. San Antonio was another one.”

“I always thought about going back and trying to finish off where I started in Atlanta. I liked what they did. And then I seriously considered Boston, though we didn’t have a conversation.”

Terry also said there was interest in the Lakers.

How many of those teams were interested in him is another question.

Last season, Terry was solid for the Rockets showing some playmaking skills, and a catch-and-shoot game that included knocking down 35.6 percent from three. But he’s not a fit everywhere, for example, an up-and-coming team like Boston makes little sense for Terry because the Celtics are loaded at the guard spots. Could the Cavaliers have used him as a Kyrie Irving backup? Maybe. But there were limited fits. As evidenced by the fact Terry took the veteran minimum to play for the Bucks.

That said, he could be a good fit in Milwaukee. I just wouldn’t get another Larry O’Brien tattoo just yet.

Report: After failing to trade him, Heat tell Josh McRoberts he is in their plans this season

BOSTON, MA - APRIL 13: Josh McRoberts #4 of the Miami Heat handles the ball in the first half 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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When Josh McRoberts signed in Miami, he was going to be part of the post-LeBron relaunch of the team — and it seemed like a smart signing. However, in two seasons injuries have limited McRoberts to 59 games total, meaning  891 minutes. When he has played, he has been a shell of his former self. Which is too bad, because healthy McRoberts was a lot of fun to watch — he could shoot the ball to space the floor, plus was an active defender.

The Heat have tried to move McRoberts in a trade for a while now, but with no takers — the Heat were going to have to throw in a pick or other sweetener to get a deal done, so they backed off. Now, the Heat have pivoted and are telling McRoberts he is part of their future plans, according to Barry Jackson of the Miami Herald.

Though he was mentioned in trade rumors previously, the Heat has indicated to Josh McRoberts’ camp that he’s in the team’s plans for this season, his agent said, adding Miami called to go over his offseason training and make sure everyone is on the same page.

McRoberts will make $5.8 million this season and has a $6 million player option for 2017-18. But the Heat will need to dump someone with a guaranteed deal if it wants to keep point guard Briante Weber.

Why the change? Miami has a question mark at the power forward spot: Will Chris Bosh play? If so, will he be limited in minutes or travel? While there are hints from the organization Bosh will be on the court, nothing is set in stone. Behind him at the four spot are McRoberts, Derrick Williams, and the veteran Udonis Haslem.

Meaning it might be wise for Miami to hold on to McRoberts to see if he both can play and is needed. However, I’d be shocked in I didn’t hear his name come up in trade rumors again.

James Harden organizing Rockets pre-camp workout this week

HOUSTON, TEXAS - APRIL 13:  James Harden #13 of the Houston Rockets reacts to a three point shot during the second half of a game against the Sacramento Kings at the Toyota Center on April 13, 2016 in Houston, Texas. 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 Stacy Revere/Getty Images)
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Last year, James Harden organized a pre-camp workout where Rockets players could get in shape and develop some chemistry. Then the Rockets started the season slowly with Harden not being in good enough shape and the team having chemistry issues.

Hopefully, for Rockets’ fan this year is different — once again Harden is organizing a camp, reports, Fox 26 in Houston. And Harden is working to show what a great teammate he is.

For the second consecutive year Houston Rockets guard James Harden has organized a players-only minicamp scheduled for next week.

“James is doing everything,” said Corey Brewer, Rockets guard/forward. “He is showing he wants to be a leader. He’s the franchise player. He signed the extension. So it’s his team, and he’s doing all the right things to do what we need to do to have a chance to win championships.”

Harden’s plan is to hold the minicamp in Miami. However, the potential of bad weather hitting South Florida may cause the Rockets players to work in a different city.

Nearly every team does one of these, and how much good they do depends on who you ask. Teams that go deep in the playoffs have these camps, teams that disappoint and never make the playoffs have these camps. It certainly never hurts to get some voluntary team workouts in before the coaches take over at the end of September, and good on Harden for organizing it.

Just don’t read too much into any team doing this.

Top 10 NBA plays of last season by position (video)

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Which position – point guard, shooting guard, small forward, power forward or center – produced the best highlights last season?

Watch this video to find out and be glad the positional revolution didn’t reduce it fewer highlights.