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)

Jusuf Nurkic trolls Nuggets, tells former team to enjoy their summer (VIDEO)

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Jusuf Nurkic did not enjoy his time as a member of the Denver Nuggets. His trade to the Portland Trail Blazers in exchange for Mason Plumlee was a welcome change of scenery.

On Tuesday night, Nurkic got to take on his old team with huge playoff implications at stake. Portland beat the Nuggets, 122-113, moving a game ahead of their rivals in the race for the No. 8 seed in the Western Conference and giving them the best tiebreaker between the two.

Nurkic was impressive, blasting his old squad with 33 points on 12-of-15 shooting, adding 16 rebounds, three blocks, and two assists.

Nurkic was interviewed in the arena after the game, and he was obviously happy he helped his team while also sticking it to Denver. Speaking with Portland reporter Brooke Olzendam, Nurkic took one last shot at the Nuggets, telling them to enjoy their summer.

Via Twitter:

Nurkic quite possibly sent the Nuggets packing for the year with the game at the Moda Center on Tuesday, so he might have been the guy who helped start their summer.

Still, that is ice cold.

James Johnson decimates Marcus Morris with huge one-handed dunk (VIDEO)

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Miami Heat forward James Johnson is one of the NBA’s best in-game dunkers. On Tuesday night against the Detroit Pistons, he yammed down a huge one-handed slam that embarrassed Marcus Morris and drew gasps from the crowd at the Palace.

The play came midway through the fourth quarter with Johnson at the top of the key. After a quick pass over to him, Johnson gave a quick hesitation before driving to his left and past his defender.

With the quick step, Johnson’s only remaining opponent at the basket was Morris, who was unfortunate enough to find himself between the high-flying Heat and the rim.

This is what happened next:

Morris was whistled for a foul on the play.

Watch Hassan Whiteside beat the Pistons at the buzzer with tip-in (VIDEO)

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The Miami Heat took until the final moments on Tuesday night to beat the Detroit Pistons, but it was worth it. With just a handful of games left to play, the Heat need to stave off the Chicago Bulls for the final spot in the Eastern Conference playoff race. Thanks to a tip at the buzzer by Hassan Whiteside, they’re one step closer to achieving that goal.

The play came with just seconds left in the fourth quarter. James Johnson missed a shot with six seconds to go, and the Heat grabbed the rebound. Goran Dragic then tried his hand, but he couldn’t get it to go, either.

That’s when Whiteside came back with a tip at the buzzer that ended the game.

Via Twitter:

Miami now sits at 36-38, a game above the Bulls for the No. 8 seed.

Whiteside, meanwhile, is never going to wash that hand again:

Kobe Bryant says LeBron James has earned the right to take a rest (VIDEO)

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Former Los Angeles Lakers star Kobe Bryant was a pretty consistent player in the NBA. Save for his final injury-laden seasons and the lockout year of 2011-12, Bryant played in no fewer than 65 regular season games in a single season.

Coaches also had no reason or want to ask Bryant — a notorious worker — to sit out in order to rest. That wasn’t really on the menu, and Bryant knew that.

Speaking to ESPN’s First Take, Bryant said no coach really asked him to ever take a rest, “I’ve never been approached by a coach and asked to rest.”

Bryant remarked that he took queues from Michael Jordan during tough stretches of the season — back-to-backs or four games in five night scenarios — where he could switch his game up, floating from perimeter to post, in order to save energy during those matchups.

Bryant also said during the same interview that he understands the complexity of the modern game, and that players like LeBron James deserve to take a rest if they’ve earned it.

“LeBron has done so much for the game. He’s earned the opportunity to take a rest,” said Bryant.

The debate on this subject will continue, it seems.