Just months after the Los Angeles Lakers brokered a deal that will pay the franchise handsomely to be the anchor of a new regional sports network in that city, the Boston Celtics are near their own blockbuster deal.
The Celtics and Comcast Sports Net New England (CSNNE) are close to a 20-year extension of their deal, one which would give the Celtics part ownership of the regional network, reports the Sports Business Journal.
The Boston Celtics, one of the NBA’s storied franchises, are finalizing a lucrative media rights package with Comcast SportsNet New England that will extend their current deal by 20 years with a big jump in its annual rights fee, as well as give the team a stake in the network.
Multiple sources said that the Celtics and Comcast are close to a long-term media rights deal despite the NBA lockout that has thrown the league into economic uncertainty….
The proposed deal, which could be finalized in the next few weeks, would extend the Celtics’ media deal to 2038 from the current agreement that runs through 2017. In addition, the team would take up to a 20 percent equity stake in the regional sports network (RSN) and receive a healthy increase in its annual rights fee. The Celtics currently get between $15 million and $20 million annually, which is considered below market for such a strong franchise.
You can be sure that the players union is taking note of this as the discussions of a new labor deal move very slowly forward. One of the union’s arguments is that the owners need to do a better job sharing revenue to help lift up the franchises not making money (currently none of the local broadcast rights fees are shared).
In addition, this is why the players have fought to keep their take as a percentage of league revenues (the old deal had it at 57 percent of the gross, the players have offered to drop to 54 percent but the owners want much more steep cuts and to move away from a guaranteed percentage). Both local and national broadcast rights for the NBA are expected to increase in the coming decade and the players want to make sure that they get a portion of that revenue.
The Charlotte Hornets announced today that guard Julyan Stone has suffered a Grade 2 strain of his left hamstring. The injury occurred in practice on Sunday, Oct. 22 and he did not travel with the team to Milwaukee. Stone is listed as out for tonight’s game against the Bucks and his expected recovery time is estimated at four to six weeks.
The Hornets have been outscored by an astounding 35.8 points per 100 possessions without starter Kemba Walker, producing an offensive rating of just 61.4. That’s in just 23 minutes, but the problem dates back to last season, when Charlotte was outscored by 7.0 points per 100 possessions with a 100.7 offensive rating sans Walker.
Now, the Hornets have little choice but to turn to rookie Malik Monk. Monk is a scoring guard, but his 6-foot-3 size means he has at least worked on playing point guard. Is he ready to play the position full-time for a team eying the playoffs. Probably not, but he’ll just have to do his best to keep Charlotte afloat in the few minutes Walker rests.
Every day in the NBA there is a lot to unpack, so every weekday morning throughout the season we will give you the three things you need to know from the last 24 hours in the NBA. This is what you missed on Sunday while wondering if oyster vending machines are a good idea. (They’re not.)
1) Eric Bledsoe Tweets he wants out, hours later it’s Earl Watson who is out, fired as Suns coach. The Suns are a bad team, one that lacked offensive cohesion and defensive effort. Phoenix was blown out by 48 points by the Trail Blazers in their first game, the worst opening night loss in NBA history. It was an ugly start to the season. How could things possibly get worse from there?
Well, how about the Suns get blown out by 42 points in the third game of the season, have their best player Tweet he “doesn’t want to be here” then turn around and fire the coach? That’s what happened, and Earl Watson is out in Phoenix.
Watson was 33-85 as the Suns head coach, but that record isn’t a fair way to judge him — Suns management made him sit Eric Bledsoe and Tyson Chandler to tank at the end of last season, much to Watson’s frustration. This is a young team this season that is not going to be good no matter who coached it. But Watson’s Suns didn’t seem to have a strong offensive identity, didn’t play hard on defense, and there were doubts about his ability to develop young talent. Watson took over as an interim coach after the Suns fired Jeff Hornacek, then he went an unimpressive 9-24 in that role. However, he preached love and togetherness at a time the franchise needed it, and the players loved him, so despite the record management decided to give him a shot as a guy who could develop talent. Watson and GM Ryan McDonough were notoriously rarely on the same page, but Robert Sarver is not the kind of owner who will pay a couple of coaches at once, and the players loved Watson, so he stayed. Then, Eric Bledsoe tweeted this.
I’m not saying the two things are directly related, but if Watson was losing the players, he had little left.
The only question about this move is “why did they wait three games into the season?” Why not make their move over the summer, allowing a new coach to have a training camp to change the tenor of the team? Former Raptor coach (and Canadian national team coach) Jay Triano gets the job in the short term.
The Suns are a young, developing team but with some good pieces already in place — Devin Booker, Josh Jackson — and some guys who need to be brought along (Dragan Bender, Marquese Chriss). They need a strong developmental head coach, someone who can install a mindset and get the young guys playing hard. The Suns are going to lose a lot of games this season, and end up with a high draft pick, they are building for the future. They need their process, and they need a coach who can lead it.
2) Carmelo Anthony drains game-winning three… wait, no it’s Andrew Wiggins who drains game-winner for Timberwolves. For a couple of games (this one and the previous one against the Jazz) the Thunder have struggled with their offensive rhythm. Or, more accurately, they just missed shots. Through three quarters the Russell Westbrook/Paul George/Carmelo Anthony trio was 17-of-43 (39.5 percent) and 3-of-10 from three.
But after the Thunder second unit made it a game again, Westbrook found his groove late — he took over the offense, attacking, and going 6-of-9 in the fourth. Then came the big finish. Karl-Anthony Towns — who was a beast again with 27 points and 12 boards (but needs to take fewer threes if he keeps missing like this) — put the Timberwolves up two. With 8.9 seconds left Westbrook drove, drew two defenders, then shared the rock, found Anthony… and just watch for yourself.
Underrated on that last play: Towns set a massive screen to free up Wiggins and get him that look. Wiggins did not call bank, but as Paul Pierce said last season he did call game.
3) Clippers’ Milos Teodosic out indefinitely. The NBA just got a little less fun to watch. The Clippers brought the passing wizard over from Serbia as a 30-year-old rookie, and he was dishing.
Unfortunately, Teodosic is out indefinitely with a plantar fascia injury. The concern with the Clippers this season was not the talent but the health of a team leaning on Blake Griffin, Danilo Gallinari, and others with long injury histories. Hopefully for Los Angeles, the Teodosic injury is not the start of a trend.