NBA releases books showing $1.85 billion loss over six years

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The league office has been working hard in recent days to make its case that the NBA owners are losing money. Big money.

They have now released some audited net income numbers — money left after all the costs are put out — to Forbes in an effort to make a more definitive case.

The following numbers are audited figures. If the projected figures are correct, the NBA will have lost $1.845 billion over the last 6 years, not turned a profit, as reported (in the New York Times).

Those numbers show a handful of teams — the Lakers, Bulls and Knicks for example — turning profits while a majority of teams lose money. The largest league loss was for $370 million in the 2008-09 season, while last season was $300 million. The players union disputes those numbers still, we need to add.

We also need to remind you that the players are a fixed cost for the league — the players get 57 percent of the gross basketball related income that the league takes in. Every year. That may be a high percentage (although not wildly out of line with the NFL an MLB) but it is a known number. What are driving losses for the owners is a rise in non-player expenses (that is supposed to be up 43 percent in the last five years).

Forbes also talks about a fix, which involves compromise.

For the NBA to get on any form of solid footing, there is going to have to be significant concessions by both the players and owners. When you see a trend of well over half your clubs running at a loss, there’s a problem that needs addressing.

With local television rights deals driving the economic disparity, the NBA owners are going to need to look at MLB’s revenue-sharing model closely.

In terms of the players, some ability to allow competitive balance has to come into play. Since owner can’t seem to self-regulate like Major League Baseball, then some adjustment of the cap has to be considered – other methods to allow cost certainty.

Compromise is the only way a deal is going to get done. But until there is real pressure — until the threat of lost revenue from games and lost paychecks gets closer — there is not motive to compromise. So we sit and watch two sides with their heels dug in for a summer lockout. And we hope when time for a compromise does come around, both sides are willing to do it.

For a couple grand, Warriors fans can have Larry O’Brien Trophy visit their suite

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There’s so much money floating around the Bay Area right now thanks to another tech boom, this price almost seems low.

If you have a suite for the Golden State Warriors home games this season — and those are pretty much sold out, the Warriors draw big from the Silicon Valley crowd — you can have the NBA championship Larry O’Brien Trophy visit your suite. All for just a couple grand. From Gilbert Lee, via ESPN’s Darren Rovell.

The best part is it includes champagne… do you get to spray each other with it as you hold up the trophy? Now that would be perfect (goggles included, of course).

Have an issue with this? Why? To the victor goes the spoils. The Warriors may be able to sell this package for years.

Sixers new “Spirit of 76” court is fire

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First, the Sixers nailed the Nike “statement” jersey.

Now, they have announced a new “Spirit of 76” promotion, with seven tribute nights this season honoring the history of the franchise and of the Philadelphia area (and there is plenty of history to honor).

The best part — the “Spirit of 76” court with the bell logo.

Here is the promo vid

I just hope the Sixers team can live up to all the hype.

Wizards’ Markieff Morris to have sports hernia surgery, miss start of camp

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When the Washington Wizards open training camp next Tuesday, starting forward Markieff Morris will not be on the court.

That’s because he will have surgery to repair a sports hernia, a story broken by Candice Buckner of the Washington Post and since confirmed by Chase Hughes at CSNMidAtlantic.com.

While we don’t have details on the surgery, often recovery time for this is just a few weeks, and Morris could well be ready for the start of the season.

Morris averaged 14 points and 6.5 rebounds a game last season, and the Wizards offense was 5.7 points per 100 possessions better when he was on the court last season. With him out, coach Scott Brooks can lean on Jason Smith or Mike Scott for traditional lineups, but don’t be shocked if he tries a little small ball with Otto Porter and/or Kelly Oubre at the three or four.

Morris also is in the midst of a felony assault trial in Arizona (one where he does not need to attend).

Sixers enter camp with Joel Embiid not cleared for 5-on-5, Jahlil Okafor on trade block

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This is the season the 76ers make the leap from team with potential to playoff team fast on the rise.

Maybe.

That’s the plan in Philly, but there are a lot of questions for this team to answer. While a couple of these issues are answered already — Ben Simmons and Markelle Fultz are cleared to play and practice with teammates — a couple big ones still hang around. At the top of the list is “how healthy is Joel Embiid?” Coach Brett Brown doesn’t even have that answer yet, reports Derek Bodner of The Athletic.

It’s this simple: The Sixers outscored opponents by 3.3 points per 100 possessions when Embiid was on the court last season, he was a dominant force defensively who scored 20.2 points a game. When he was off the court the Sixers were 11.5 points per 100 possessions worse. They need him to play and play consistently if the Sixers have playoff dreams. It’s unclear when Embiid will return, but know that the Sixers will be cautious with his minutes again when he does get cleared (he has played just 31 games in three seasons).

Does that mean more Jahlil Okafor? Maybe not, the Sixers are still willing to trade him.

The Sixers have shopped Okafor for most of a year and found no deal they like. Okafor battled knee issues last season and, after a summer working to get healthy, other teams will want to see him play a little before talking trade. If he comes to camp slimmed down and his knee looks right, it could revive trade talks. Using a back-to-the-basket game, he averaged 11.8 points a night shooting 51 percent last season, he’s efficient, and some teams could use what he does (off the bench).

It’s going to be an interesting season in Philly. Are they playoff bound?