NBA Commissioner Stern speaks at the state of the league press conference during the NBA All-Star game weekend in Los Angeles

David Stern says league will have to stop losing money

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As we march inevitably toward a lockout this summer, Wednesday night was David Stern’s turn to throw an elbow.

One day after players’ union president Derek Fisher said the latest owner from the owners was no step forward, Stern responded with what he considers the bottom line in negotiations — the actual bottom line.

As in the league has to start making money, he told Steve Aschburner of NBA.com.

“We’re not going to lose any money,” Stern said. “I’m not going to be commissioner of a league that is comfortable [losing money]. Because I don’t have a group of owners who find it acceptable for me to have that conversation with them.

“You don’t have $4 billion worth of revenue and pay out over $2 billion in salary and benefits to lose money. It’s something that we have sort of gotten used to as the revenues have gone up … but the world has changed about the prospect for all franchises, the world has changed for a lot of reasons – and economically – and now people who make investments in buildings and things expect not to lose money.”

Nobody, not even the players, thinks the owners should have to lose money. But the issue is more complex — the league said before that 22 teams will lose a combined $300 million this year. But, the 8 teams making money have almost no revenue sharing. Put simply, the Lakers are about to make nearly $200 million a year in local television revenue and the Kings make $11 million and the Lakers do not have to share currently. It’s not a simple matter of just controlling costs.

But the owners have gone through a recession and seen revenues dip. More importantly, the value of franchises has dipped. Ten years ago you could count on the value of the franchise going up to cover any losses. (Think of it this way: If you bought a franchise for $100 million, lost $5 million a year for 10 years, then sold the team for $200 million, you would have made $50 million and those losses were really just an investment. Those days of the franchise value bailing owners out on paper are gone.)

The owners want fundamental changes to the system and Stern is clearly standing his ground. The players are pretty good with the system as is and are not moving right now either.

So, we are headed for a lockout. Enjoy these playoffs.

Joel Embiid out indefinitely

Philadelphia 76ers' Joel Embiid in action during an NBA basketball game against the Houston Rockets, Friday, Jan. 27, 2017, in Philadelphia. (AP Photo/Matt Slocum)
AP Photo/Matt Slocum
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The 76ers could finish the season with the last No. 1 pick and the best rookie in years sidelined.

One one hand, Philadelphia should be thrilled that describes two players.

On the other hand, it’s not ideal to have so much talent injured.

No. 1 pick Ben Simmons is definitely out for the rest of the year. And it doesn’t sound encouraging for Joel Embiid, who has been hampered by a knee injury.

CSN Philly:

Joel Embiid on Monday will have an MRI on his injured left knee and is now listed as out indefinitely.

Embiid has been experiencing swelling and soreness in the left knee injury that has caused him to miss 16 out of the last 17 games. Bryan Colangelo announced back on Feb. 11 that Embiid has a minor meniscal tear. In his most recent press conference last Friday, Colangelo had targeted this Friday’s home game against the Knicks as a possibility for Embiid’s return. Now, that isn’t the case.

Embiid had been the biggest ray of hope for Philadelphia, but the 76ers shouldn’t chase watchability down the stretch. Sit Embiid until he’s fully healthy and secure the best draft position possible.

Maybe Embiid’s body just can’t handle the rigors of NBA basketball, but Philadelphia has no choice but to hope for the best with him and Simmons. And hope the nail the their first-round pick this year and get the Lakers’ first-rounder.

This could still be a dangerously good team in coming years. The Process created that potential.

But the threat of injury always looms around the corner, maybe especially so for Embiid.

Report: Knicks’ Joakim Noah likely to miss rest of season after knee surgery

New York Knicks' Joakim Noah (13) walks to the bench during a time out in the second half of an NBA basketball game against the Dallas Mavericks on Wednesday, Jan. 25, 2017, in Dallas. (AP Photo/Tony Gutierrez)
AP Photo/Tony Gutierrez
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And then there was Derrick Rose.

The Knicks’ big-name offseason acquisitions* are falling one by one.

New York is releasing Brandon Jennings. Now Joakim Noah is out.

*I’m not counting Courtney Lee, who is unknown to far too many casual fans.

Adrian Wojnarowski of Yahoo Sports:

Prepare for the talk next fall about Noah feeling refreshed and ready to help the Knicks.

But this surgery won’t reverse the underlying problem: Noah is a 31-year-old big man with heavy mileage. He can manage his knees, but it’s probably too late for him to regain enough athleticism to reliably contribute.

Just three years and $55 million+ remaining on his contract, which already looked like the NBA’s worst deal and is now even more unfavorable.

Buddy Hield: Vivek Ranadive told me at Kings-Pelicans games, ‘We’re still going to get you’

Sacramento Kings guard Buddy Hield, right, talks with teammate Ben McLemore as they work out before their NBA basketball game against the Denver Nuggets, Thursday, Feb. 23, 2017, in Sacramento, Calif. Hield, along with New Orleans Pelicans teammates Tyreke Evans and Langston Galloway, was sent to the Kings in exchange for center DeMarcus Cousins and forward Omri Casspi, Sunday. (AP Photo/Rich Pedroncelli)
AP Photo/Rich Pedroncelli
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The Kings reportedly coveted Buddy Hield in last year’s draft. Once the Pelicans picked him No. 6, Sacramento traded down from No. 8.

Several months later, the Kings traded for him in the DeMarcus Cousins deal.

Between?

Kings owner Vivek Ranadive apparently communicated his intentions at the Pelicans’ two games in Sacramento this season.

Sean Cunningham of ABC 10:

Hield:

Vivek always, every time — even the past two times — he always talk about, “We’re always pushing hard for you.” He said, “We’re still going to get you.” He kept saying that.

I was surprised with him saying that, but now, when I saw I was going to Sacramento, I said, “Oh, these guys are really serious about me.” I just kind of know they were determined about getting me.

This is wild!

Hield obviously doesn’t outright say the Kings’ front office rushed this trade through before the Cousins-loving owner, awestruck by the prospect of having the next Stephen Curry, changed his mind. But Hield’s statement runs right in line with all those rumors.

Even at face value, Ranadive’s words, assuming Hield is accurately conveying them, are something — especially for an owner who has denied much basketball involvement.

Sacramento is some kind of place.

So many pretty putback dunks (videos)

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Yesterday’s NBA games featured a fun number of highlight putback dunks.

The best by:

Dewayne Dedmon:

DeAndre Jordan:

Blake Griffin:

Serge Ibaka: