Terry Stotts Press Conference

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


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)

LeBron James calls Cavs’ players’ only meeting after loss to Raptors

LeBron James
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Yes, the Cavaliers are 11-4 on the season and on top of the East. Yes, they are outscoring teams by 6.7 points per 100 possessions, which is fourth best in the NBA. They have the third best offense in the league. All that without their starting backcourt (Kyrie Irving and Iman Shumpert). There are reasons to be optimistic.

But the Cavaliers have a middle-of-the-pack defense and their efforts have been up and down. Wednesday night was a down, they lost on the road to Toronto, dropping the Cavs to 3-4 outside Quicken Loans Arena, with all those losses to teams in the East.

It was enough for LeBron James and James Jones to call a players-only meeting, reports Dave McMenamin at ESPN.

Following a 103-99 road loss to the Toronto Raptors on Wednesday, the Cleveland Cavaliers held a players-only meeting during which LeBron James and James Jones got on the team for its inconsistent play through the Cavs’ 11-4 start to the season, multiple sources told ESPN.com….

“It’s all mindset,” James said after the game, still visibly frustrated. “It comes from within. I’ve always had it; my upbringing had me like that. It’s either you got it or you don’t.”

When asked whether fatigue was a factor, James said, “No. It’s not an excuse.” When another reporter asked whether injuries were to blame, James repeated, “It’s not an excuse.”

Injuries and fatigue did play a role, this was a team without four regular rotation players and that puts more of a burden on everyone else. Players can’t look at it that way, but ijuries are a reality.

LeBron is trying to set a tone, one he learned in Miami and is now trying to instill in the Cavaliers. It’s about effort, it’s about attention to detail, it’s about building good habits over the course of a season so they can pay off in the playoffs. The Cavs are winning, they look clearly like the best team in the East once healthy, and yet LeBron rightfully isn’t convinced they could beat Golden State or San Antonio right now. The good news is they don’t have to beat them right now, but they need to beat them eventually. The building blocks for that are laid during the season. He wants that building to start going up.

But getting guys healthy would solve a lot of those problems.

Jason Kidd ejected; shoving match ensues between teams after Kings beat Bucks

Jason Kidd

Jason Kidd is going to miss a game or three (and some dollars to go with it), and he could not be the only guy in trouble with the league after a tension-filled end to the Kings’ win over the Bucks Wednesday.

There wasn’t a ton of drama at the end of the contest itself. The Bucks played a “defense optional” game that led to 36 points for Rudy Gay and 13 dimes for Rajon Rondo, and the Kings won their first game this season without DeMarcus Cousins (back issue). That frustrated the Bucks to no end.

Jason Kidd expressed that frustration by slapping the ball out of referee Zach Zarba’s hands, a move that rightfully earned him an instant ejection.

You can be sure a suspension is coming for Kidd — the league can’t let that slide. This was not a Budenholzer incidental bump. After the game here is what Kidd had to say.

After Kidd had gone to the showers, there was a little jawing on the court between Cousins (in street clothes) and the Bucks’ O.J. Mayo. That spilled over after the final buzzer into the tunnel, where there was at the very least some jawing, maybe a little shoving, and a lot of security stepping in before anything serious happened.

Whatever happened in the tunnel is going to be a lot harder for NBA disciplinarian Kiki Vandeweghe (technically the vice-president of basketball operations for the NBA) to sort out. Who started what, and did it rise to the level it calls for a fine or more, is going to be tricky, especially since this was out of site of the arena cameras.

Cavaliers stand in middle of Raptors dancers’ routine (video)

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The Cavaliers were ready for their game against the Raptors tonight, and Toronto’s dance team wasn’t going to change that.

The last time I remember something like this happening, Grizzlies guard Tony Allen walked through the Warriors’ kid dancers. This video doesn’t show how the Cavaliers got to that point, but they might have the defense of being there first. Allen definitely didn’t have that.

Wizards score six fourth-quarter points in loss to Hornets

Cody Zeller, Ramon Sessions
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Gary Neal made a jumper with 10:12 remaining in tonight’s Wizards-Hornets game.

That was Washington’s last basket.

Jared Dudley made a pair of free throws on the Wizards next possession, and Neal added two more free throws with 23 seconds left.

And that was all the Wizards scoring in the quarter.

Washington, which entered the final period up seven, lost 101-87 after its 1-for-20 final-period shooting.

The six fourth-quarter points were the fewest by an NBA team in a quarter since Cavaliers scored six third-quarter points in a Jan. 26, 2014 loss to the Suns. Last time a team scored so few in a fourth quarter: Nov. 13, 2012, when the Raptors had five against the Pacers.

At least Neal’s late free throws spared the Wizards further shame. Nobody has scored four or fewer points in a quarter since the Warriors managed just two in a Feb. 8, 2004 loss to the Raptors.

As it stands, this is one of only 44 times in the shot clock era a team has scored so few points in a quarter.