The Bucks borrowed $55 million from the NBA… last year

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The Milwaukee Bucks are a pretty good example of the market struggles facing smaller-market owners in the NBA. It’s not like owner Herb Kohl hasn’t hired good people. John Hammond and Scott Skiles are both very good at their respective positions. And it’s not like Kohl hasn’t spent money on players. From Michael Redd to John Salmons to Drew Gooden to Andrew Bogut, the Bucks have kept the purse strings loose to try and build a winner. But the market simply hasn’t been great without the ability to convince fans they can compete for a championship (with good reason). And as a result, the Bucks have lost quite a bit of money. And it would appear the Bucks have tapped the league for quite a bit of help to cover themselves for the red line present and future.

From the Milwaukee Journal-Sentinel:

U.S. Sen. Herb Kohl, owner of the Milwaukee Bucks, borrowed at least $55 million last year from the NBA’s credit facility, according to his Senate financial disclosure form.

Disclosure rules in the Senate do not require senators to disclose the exact amount of their investments, assets and liabilities. But the records indicate that Kohl borrowed at least $55 million in three separate loans in behalf of the Bucks.

The records also indicate that Kohl used some of the proceeds for investments by two of his trusts. That is allowable under NBA rules for those borrowing from the $2 billion credit facility.

via Kohl borrowed from NBA – JSOnline.

The Journal notes that taking the loan doesn’t necessarily mean that the team lost money. But considering Kohl has openly said the Bucks have lost money and their status in Forbes’ franchise-value list, it’s a pretty good bet. That’s quite a bit of cash for one franchise, and with Kohl deciding not to run for re-election in 2012, you have to wonder if eventually Kohl won’t be the one writing checks, or applying for loans on behalf of the Bucks.

It’s probable that Kohl would look to sell the team to a local ownership group to keep the team in Milwaukee, but considering that kind of red ink on the books, it might be difficult. Meanwhile, expect ownership to use this kind of information to squeeze the players, using it as evidence of their enormous losses over the past several years while the players continue to respond in saying that revenue sharing and other venues will solve the problem and no one really having a conversation about it.

It’s hard to pinpoint anything Kohl’s done to put himself in this situation. The Bucks have made their fair share of poor moves, player-wise, management-wise, coaching-wise over the past few years, but they’ve been respectable. Everyone points to the Knicks’ failures to win a title as evidence the system doesn’t favor big market teams, but a look at the larger markets’ black ink compared to cases like this shows there’s enough there to support the idea of the system being broken.

Only question is how long it will take to fix it.

(HT: IamaGM.com)

How do you like “The Process” now? Sixers eliminate Heat, advance to second round

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It felt inevitable.

Not “The Process” from the start. There were some severe downs before the ups.

Not this first playoff series against Miami from the start, because it felt even… until Game 3 when Joel Embiid returned in his mask and tipped the scales.

No, it was Game 5’s result felt inevitable as it unfolded. Not because Philadelphia won the previous game in Miami and could close it out at home. Not because the Sixers have the two biggest talents in the series in Ben Simmons and Embiid.

Rather, Game 5 felt inevitable because the Sixers got better looks all night long. They got them with ball movement, with player movement that created mismatches or clean jumpers. It was tied 46-46 at the half because Philadelphia just missing its good looks while the Heat were struggling with hands in their face all night. Philadelphia shot 38.1 percent in the first half overall and were 2-of-12 from three.

In the third quarter, it all changed.

Philadelphia went on an early 9-0 run, shot 50 percent as a team for the quarter, all while continuing to play defense and get stops. The Sixers won the third 34-20 and held on through Miami rallies in the fourth to take the game comfortably, 104-91.

With the win, Philadelphia wins the series 4-1 and advances to the second round, where they will face either Boston or Milwaukee (Boston leads the series 3-2).

They did it behind 27 from J.J. Redick, who knocked down five threes. Embiid had 19 points and 12 rebounds, Simmons had 14 points, 10 rebounds, and six assists. However, it was the defense that held the Miami to 38.6 percent shooting overall and 16-of-31 from three within eight feet of the basket that won the game for Philly.

This young Sixers team learned lessons in this first round, and maybe the biggest was how to adapt the physicality of the playoffs, and keeping your cool while things don’t go your way.

“I thought we withstood the physicality of the Heat,” Sixers coach Brett Brown said. “They’re a great organization. They came to mean it, we knew they wouldn’t go away easily, and we had to have that physical element to match.”

They matched that physicality, but what they had was talent that could step up.

They also savored the moment. Midway through the fourth, up comfortably and still knocking down shots, the young Sixers were reveling in the deafening crowd in the Wells Fargo Center. Philadelphia was reveling in success after years of struggling through the process — the players and fans wanted to start that party midway through the fourth.

However, Heat have no chill and no quit in them, they went on a 10-0 in the fourth quarter, not-so-coincidentally after Sixers fans started chanting, “We want Boston!”

But when it mattered the Heat couldn’t get stops — the Sixers talent showed through. Redick hit threes. Embiid owned the paint. Simmons did a little bit of everything.

It was a moment of revelry in Philadelphia. One years in the making — and maybe the first in many years of future celebrations on that court.

Sixers players douse Brett Brown, present him with bell after closing Heat (VIDEO)

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The Philadelphia 76ers are moving on. Let’s just try to process that for a moment.

After beating the Miami Heat on Tuesday night, 104-91, this iteration of the Sixers experienced their first playoff series win together. It was also the first series win for coach Brett Brown as the man in charge of an NBA team.

As such, players gathered in the locker room after the win to hear Brown speak about the win, and about how the team had more to give and to learn as they moved forward together in the playoffs.

When Brown concluded his speech, he tried to hand off the victory bell to JJ Redick. As soon as Redick received it, he bestowed the honor of the bell right back upon Brown.

That’s when teammates showered Brown with whatever they had nearby, and Brown rung the bell.

Man, what a moment.

Marcus Smart returns, helps Celtics win Game 5 over Bucks

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Marcus Smart returned to the Boston Celtics after suffering a thumb injury earlier in the year, and boy was it just in time.

The Celtics guard came off the bench, doing what he does best: attacking opposing guards, grabbing rebounds, and making hustle plays for his squad. Smart thoroughly annoyed the Milwaukee Bucks, and as Giannis Antetokounmpo failed to make a push in the second half (and as Khris Middleton‘s shooting slowly deteriorated) it was Boston who came out with a win in Game 5, 92-87.

Milwaukee’s offense failed to show up early. According to NBA TV, it was the second-lowest halftime total for the Bucks this season, and the away team scored just 37 points at the break. Milwaukee struggled mightily as a team, shooting just 21 percent from 3-point range. Despite the issues, both Antetokounmpo and Middleton had 11 points by half.

Boston’s attack was balanced, with nine players scoring in the first half but none reaching double figures. Smart was effective off the bench, playing 12 minutes in the first half. Smart’s presence was felt elsewhere on the floor as well; in those minutes he racked up two blocks, two rebounds, and two assists.

The Celtics stalled to start the third quarter, at times going several minutes between baskets. The intensity level was still high, particularly during one tussle with 9:33 left in the third. Eric Bledsoe and Terry Rozier got into a bumping match on the baseline away from the ball, resulting in one player getting pushed into an official. Bledsoe earned a Flagrant 1 for his efforts, and Rozier was assessed a technical.

Milwaukee began to battle back on surprising baskets by Shabazz Muhammad. The former Minnesota Timberwolves wing dropped two 3-pointers to help the Bucks make a run at the Celtics all the way into the fourth quarter.

The critical play of the game came with 80 seconds left. With the shot clock winding down, Al Horford was allowed by officials to shoot a long jumper. The refereeing crew didn’t blow the whistle, and Boston took a second possession after a backtip.

Then, with 28 seconds left as the Bucks were trying to steal or foul the Celtics, came the play Boston fans had been waiting for from Smart. At first it appeared Milwaukee had shot at a turnover as they hustled Smart to the floor on a trap. Thinking quickly, Smart leapt on the lost ball, flipped over, and sent a pass to a wide open Horford for the basket, all but sealing the game.

Milwaukee tried to play the foul game in the final minute or so, but weren’t able to come up with a win. Antetokounmpo finished with just 16 points and Middleton with 23. Horford led the Celtics with 22 points, 14 rebounds, and three assists.

Boston now leads the series, 3-2, as they head back to Milwaukee for Game 6 on Thursday.

Meek Mill gets out of jail, takes helicopter to 76ers-Heat, rings bell pregame

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Philadelphia 76ers big man Joel Embiid had been one of the most notable NBA players leading the charge for the #FreeMeekMill movement. The rapper Meek Mill, a Philadelphia native and Sixers fan, has been incarcerated for violating the terms of his probation multiple times.

At the heart of the movement to free Meek Mill is the idea of comparative justice, that he has been unfairly targeted because of his race as an absorber of punishment from the penal system despite it being a decade since he committed his crime. People from Embiid to New England Patriots owner Robert Kraft have made their voices heard on the subject.

Today, Meek Mill was released from prison and was sent a special gift: the opportunity to fly via helicopter, provided by 76ers minority owner Michael Rubin, to Game 5 between the Sixers and Miami Heat.

When he arrived at the game, the rapper rung the ceremonial bell before tip-off.

Not a couple of hours fresh out of the joint.