Terry Stotts Press Conference

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)

Bulls say Jimmy Butler has knee strain, no timetable for return

<> during the second half at TD Garden on December 9, 2015 in Boston, Massachusetts. The Celtics defeat the Bulls 105-100.
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Exhale, Bulls fans. Jimmy Butler‘s left knee injury isn’t as serious as it looked. The injury, which Butler suffered just before halftime of Friday night’s Bulls loss in Denver, looked bad at the time, and Butler had to be carted off the court. But on Saturday, the Bulls announced that an MRI revealed no tear in the knee, just a strain, and he’ll go back to Chicago to get treatment.

An MRI performed today on Bulls forward Jimmy Butler’s left knee confirmed that he sustained a knee strain in the second quarter of last night’s game against the Denver Nuggets.  The timeline for his return to play will be determined by further evaluation in Chicago and his response to treatment.

Butler will not play tonight in Minnesota. Beyond that, it’s unclear. But the fact that it’s just a strain and not anything more serious indicates that he won’t be out long.

Report: NBA considering expanding rosters for greater D-League integration

NEW YORK, NY - OCTOBER 04:  A detail of the NBA Players Association logo with the slogan " THe Players' Union FIghting for You" is seen on Theo Ratliff of the Los Angeles Lakers as Derek Fisher, President of the National Basketball Players Association, speaks at a press conference after NBA labor negotiations at The Westin Times Square on October 4, 2011 in New York City.  (Photo by Patrick McDermott/Getty Images)
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The NBA Development League is in a weird place right now. It’s growing as more teams are placing importance on it and adding single-affiliate franchises, but it’s still not a true minor league. Players don’t make very much money unless they’re already signed to NBA deals, and teams have to have an open roster spot or waive someone they have currently signed to call someone up. Unless you’re sure you’re going to get called up at some point, it’s smarter for fringe players to sign overseas to make more money than go to the D-League.

The NBA is trying to do something about that. According to a new report, the league is interested in potentially expanding NBA teams’ rosters as part of the next CBA to allow for greater integration between the NBA and the D-League, and allow teams to have a couple of so-called “two-way” roster spots.

From Scott Howard-Cooper of NBA.com:

The NBA likes the idea of expanding rosters from the current limit of 15 to as many as 17 as part of the next Collective Bargaining Agreement with the additional spots designated for two-way contracts that will mean more money for some players and more control of select prospects for the parent clubs.

While it will be one of several major issues on the table as the league and the players’ union eventually ramp up negotiations on the new CBA that could end as soon as the conclusion of the 2016-17 season, if either side opts out by Dec. 15, the concept of a contract that would cover the minor leagues as well as the majors is a pressing topic for the hopeful D-League. And since the NBA runs the executive side of the D-League as well as most of the basketball operations for the minor-league clubs, the D-League and the NBA usually speak as one.

The proposal would mean as many as 60 new jobs for players, if rosters do increase by two and depending how many of the 30 NBA teams utilize both spots. That, in turn, would mean a deeper talent pool for the D-League as it grows from 19 teams this season to 22 in 2016-17 and possibly more in what is projected to be the first season of the new CBA. And that would mean more prospects for the NBA to develop without paying major-league salaries.

According to the report, players signed into these two-way roster spots could make as much as $100,000 to play in the D-League (player salaries currently max out around $25,000), which could incentivize players to stay home and play in the D-League rather than pursue overseas opportunities.

The plan is still early enough in the discussion stage that one of the most bottom-line elements — money — has not been settled. According to insiders, though, the thinking is to set the minor-league portion of the dual contract in the neighborhood of $100,000 a season, give or take $25,000.

That would only be for hopefuls with two-way contracts, not all D-League players with salaries that currently peak at $25,000 if they have no NBA deal. Salaries of players sent down with NBA contracts, usually rookies or second-year prospects, would not be altered. But even with a small number of players in the minors impacted, officials figure the chance to make a minimum of $100,000, while showcasing themselves in front of NBA scouts and executives most every game, while getting to be relatively close to home, will convince 60 players to accept a deal in the minors in North America rather than opt for more money overseas.

If the player with a two-way deal gets promoted, he will make the pro-rated minimum of NBA money. If he is sent back down, it will be with the cushion of $100,000 as the floor for the season, not the $25,000, $19,000 and even $13,000 (based on current numbers) others are making in the minors. There is also the possibility those tiers could increase with the next CBA as well.

Obviously, this isn’t going to happen until the next CBA is announced, if then. But it makes total sense, especially as the NBA gets closer to having true one-to-one affiliation. Right now, there are 19 D-League teams, each affiliated with an NBA team—10 as single-affiliates and nine under hybrid ownership models. Next year, the Bulls, Hornets and Nets are set to have their own D-League teams as well. It’s not hard to imagine that within the next few years, all 30 teams will have their own affiliates. And when that happens, there will need to be a mechanism in place for them to call players up and send them down that’s more in line with a true minor-league system like the one Major League Baseball employs. Even if that involves paying D-Leaguers more money and paying for two extra roster spots, it’s worth the trade-off in the long term if more top basketball talent stays in America rather than going overseas.

Report: Nets progressing in GM search, should have one by trade deadline

NEW YORK, NY - NOVEMBER 23:  Center court sports a projected Brooklyn Nets logo prior to the game against the Los Angeles Clippers at the Barclays Center on November 23, 2012 in the Brooklyn borough of New York City. 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 Bruce Bennett/Getty Images)
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The Nets have been without a general manager since January 10, when Billy King stepped down coinciding with the firing of head coach Lionel Hollins. Since then, a few names have come up in rumors about their search, including Danny Ferry, who appears to be out of the running. But there may be a new GM in place soon.

Via Tim Bontemps of the Washington Post:

Not that the Nets will be able to do much at the deadline, since they don’t really have a lot to trade that will be of interest to other teams, and at 13-38 they’re already essentially out of playoff contention. But having a GM in place will allow them to get a head start on planning for the offseason, which will include free agency, hiring a new coach, scouting for the draft … actually, forget that last part.

Mavs rookie Salah Mejri tries to talk trash, Gregg Popovich and Tim Duncan laugh at him (VIDEO)

DALLAS, TX - OCTOBER 21:  Eric Bledsoe #2 of the Phoenix Suns is fouled by Salah Mejri #50 of the Dallas Mavericks during a preseason game at American Airlines Center on October 21, 2015 in Dallas, Texas.   NOTE TO USER:  User expressly acknowledges and agrees that, by downloading and or using photograph, User is consenting to the terms and conditions of the Getty Images License Agreement.  (Photo by Ronald Martinez/Getty Images)
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The Spurs beat the Mavericks by 26 points on Friday night, a game all of the Dallas players would love to forget. But there was a funny moment for rookie big man Salah Mejri: after a dunk, he appeared to yell something at the San Antonio bench. Gregg Popovich and Tim Duncan were completely nonplussed.

For what it’s worth, Mejri later tweeted that he wasn’t intending to be disrespectful.