It’s a trend, private equity firms snatching up NBA teams

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Despite what David Stern seems to think is a franchise-crushing financial system, and despite the threat of a protracted lockout, NBA franchises seem to be selling for record prices. And healthy profits in some cases for the former owners. The latest is the just agreed-to deal for Joshua Harris to buy the Philadelphia 76ers.

But there is a trend in the new buyers — many come from private equity firms.

It’s not a new trend, but over at CNN’s Fortune they broke it down.

This is the fourth time in recent years that private equity executives have purchased an NBA team. The first was in 2002, when the Boston Celtics were acquired for $380 million by a group led by Steve Pagliuca (Bain Capital) and Wyc Grousbeck (Highland Capital Partners).… Next up was the Golden State Warriors, acquired last year for $450 million by venture capitalist Joe Lacob (Kleiner Perkins).…

Most recently Tom Gores and his firm Platinum Equity purchased the Detroit Pistons, in a transaction marked by its unusual structure (the team technically is majority-owned by the firm, but since Gores controls the firm…).

Now we have the Philadelphia 76ers going to Harris, and I’ve heard word that another group of PE execs is beating the bushes for their own NBA franchise.

A lot of these guys, like Gores, specialize in buying and turning around distressed businesses. Does that make the NBA something that fits their business profile, or just a fun toy for really rich guys?

I’m not going to pretend to know what this means, if anything, for the league. Just pointing out a trend, but something to watch to see if there is an impact on the NBA.

Warriors’ rookie Jordan Bell goes off the backboard to himself for dunk

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The best part of this is the stunned reaction of the Warriors bench.

The Warriors had taken total control of the game against Dallas in the second half, and with a few minutes left Steve Kerr emptied his bench in garbage time. That’s when rookie Jordan Bell made the play of the night: He blocked Dwight Powell‘s shot then leaked out, JaVale McGee batted the ball ahead to him, and Bell threw the ball off the backboard for a self alley-oop. He got an and-one on the play.

The move didn’t sit well with everyone, there is an unwritten rule about showboating in a blowout game. Draymond Green had thoughts on that — he has thoughts on everything and isn’t afraid to share them — and he came to Bell’s defense speaking to NBC Sports Bay Area.

“Listen man, when you get on the basketball floor, I don’t care if you get out there with two minutes to go up 25 or with two minutes to go down 25, somebody is evaluating you. So you gotta play the game just like it’s tied up or if you’re up four or if you’re down four. You gotta play the game the same way. Somebody is evaluating you. So if you want to throw it off the backboard, feel free and dunk the ball. He got an And One. It was a great play. So, I got no message for him. Do what you do. Play basketball. That’s what he did. I don’t get all up into the whole ‘Ah man, they’re winning by this much, that’s bad.’ Says who? Dunk the ball. What’s the difference between if he threw it off the backboard and dunked it as opposed to grabbing it and dunking it?”

Or, put another way, if you don’t want a player to throw down the massive alley-oop dunk on you, play better defense in the first place.

Mario Chalmers trips James Harden, Harden shoves him back (VIDEO)

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Memphis came back on an 18-2 run late to in the fourth quarter to knock off the Houston Rockets, a very impressive road win that reminds us Memphis is not a team to be written off.

This is the play everyone will be talking about — James Harden squared up looking for a fight.

Mario Chalmers got knocked down by a Harden screen, and while on the ground tries to trip up Harden, and Harden turns around and shoves him. Harden squared up, but as happens in the NBA everyone stepped in, and nothing actually happened.

Neither man was ejected. The referees called it an offensive foul on Harden for the pick, then there were double technicals. Fines may follow from the league.

Metta World Peace joins Lakers’ G League team as ass’t coach

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EL SEGUNDO, Calif. (AP) — Metta World Peace has joined the Los Angeles Lakers’ NBA G League affiliate as a player development coach.

The veteran NBA forward was added to the South Bay Lakers’ staff Monday.

World Peace played 16 NBA seasons for six franchises, including six years with the Lakers from 2009-10 and 2015-17. He was a standout defensive player who won a championship alongside Kobe Bryant and Pau Gasol in 2010.

While he hasn’t publicly retired, the forward formerly known as Ron Artest will assist South Bay Lakers head coach Coby Karl and his staff.

World Peace earned the longest suspension in NBA history for his role in the Indiana Pacers’ infamous brawl in the stands at Detroit in November 2004, but he matured into a valued veteran leader for the Lakers.

LaVar Ball calls out Wizards, Marcin Gortat doesn’t think that was smart

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“I told him after the game, due to all the riffraff his dad brings he’s going to get a lot of people coming at him. He’s got to be ready for that, and I let him know after the game… (I had to) welcome his little young a** to the NBA.”

That was the Clippers’ Patrick Beverley after he tormented Lonzo Ball on opening night, and he speaks for a number of other players I have heard from who said father LaVar wrote checks that Lonzo is going to have to cash, and guys were going to go at him. Not every night, but enough.

Since that rough opener the rookie has had a decent couple of games — averaging 18.5 points, 11 assists, and eight rebounds a night, not efficient but playing better — going against Eric Bledsoe (a capable defender who had checked out mentally in Phoenix) and Jrue Holiday and the Pelicans. Wednesday night John Wall and the Wizards come to town, and that’s another level of competition.

My least favorite thing about this Lakers season is the way the L.A. media sticks a microphone in front of LaVar Ball after every game. I don’t care about LaVar, in the same way I don’t care about the Kardashians.

But what he said has become a thing. After the Lakers loss to the Pelicans LaVar said, “[The Wizards] better beware cause Lonzo ain’t losing again. Not in the same week!”

Wizards’ center Marcin Gortat thought that was funny.

First off, Lonzo is going to lose twice in a week a lot this season — the Lakers are not a good team.

Second, Wall is a top-five NBA point guard by any standard, an All-NBA player who is far more than just quick (although he is that, too). He can shoot, he’s an aggressive defender, and he knows how to set up teammates. He’s going to be more than a handful for Ball. To put it kindly.

Whatever happens Wednesday night (most likely Wall smokes Lonzo) we know one thing for sure: LaVar will say something outlandish. And it will become a thing. The game is secondary for that marketing effort.