Judgement helps get Pippen his airplane money back

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Scottie Pippen once owned his own airplane — Air Pip. Seriously. That was the name. I’m not clever enough to make that up.

As I imagine happened to everything ever named Air Pip, the deal went bad. Everything fell apart and back in 2004 Pippen lost a $5 million judgment to U.S. Bank over the deal.

Pippen then turned around and sued the people who were supposed to put together and monitor the airplane deal for him. It’s the American way.

That brings us up to today, and a report in the South Florida Business Journal.

Former NBA basketball star Scottie Pippen has won a $2.37 million judgment against a Miami businessman, Craig Frost, and a Miami company, CF Air….

In 2010, widespread media covered a Cook County jury verdict for Pippen related to the deal: He won $2 million in a malpractice case against Chicago law firm Pedersen & Houpt. Pippen alleged the firm failed to closely monitor his plane purchase. Pippen originally sought $8 million in that case.

The final judgment against Frost was recently registered in Miami-Dade Circuit Court. It said Frost had agreed to a confidential settlement in September 2010, but had failed to pay Pippen under the terms of that settlement.

What is the lesson here? First, never name an airplane after yourself. After that, not much, save for this — Scottie Pippen basically got his money back on the deal, but a bunch of lawyers got rich (or richer) in the process. I think that pretty much is now the NBA’s labor negotiations will go — we all have a pretty good idea where the eventual compromise will be, but first a lot of lawyers are going to make a lot of money from the negotiations.

This is why Shaq says he knows Kobe respects him (VIDEO)

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Do Shaquille O’Neal and Kobe Bryant hang out these days? Probably not.

But do the to respect each other? The answer, apparently, is yes.

During an interview for Oprah Winfrey’s OWN network, O’Neal said he knows that Kobe respects him because of a certain play. That play?

Prepare yourself for this one Portland Trail Blazers fans: it’s the famous alley-oop with 41 seconds left from Game 7 of the 2000 Western Conference Finals that put the Lakers up by six points.

That play was the exclamation point on an impressive fourth quarter, one in which the Blazers went hilariously ice cold from the field while the Lakers made up a huge deficit.

Here’s how Shaq tells the story:

Game 7. We’re down. I’m telling Kobe ‘Hey man, I’m open’.

[And Kobe responded with] I got you.

He crosses up Scottie Pippen, and he catches eye contact with me like, ‘OK this is the one you wanted.’

He throws it up super, super, super high. I have to go up and get it and throw it down. Puts us up by five [it was six] and I know we’re going to win, we’re going to the Finals.

If you go back to the footage after we win [the game] who jumps in my arms? Kobe Bryant.

Meanwhile, a 12-year-old Dane Carbaugh’s heart still aches from that game.

Carmelo Anthony lands in OKC, gets greeted by fans at airport (VIDEO)

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Carmelo Anthony is now a member of the Oklahoma City thunder.

Man that is still really weird to type.

But this has been an insane offseason, and nevertheless the former New York Knicks forward is now a teammate of Russell Westbrook and Paul George.

We are not sure how these teammates are going to play together next season given their propensity for high-usage play, but we are definitely all ready to watch it very soon.

Meanwhile, Anthony was greeted by fans in Oklahoma at the airport after arriving to be with the team.

Via Twitter:

Do you think this will get Carmelo to stay in OKC?

Guess we will just have to find out.

Cavaliers are frontrunners, but where will Dwyane Wade land?

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Dwyane Wade and the Chicago Bulls reached a buyout agreement — he will take an $8 million haircut to become a free agent. Not that we should feel bad for Wade, I wish someone would pay me $15 million to go away.

The next question: Where will Wade play this season?

The smart money is on Cleveland, but it’s not that simple. Adrian Wojnarowski of ESPN got the ball rolling, but others chimed in.

OKC is an interesting option on the court, if their ownership group is willing to eat a little more tax to make it happen (the Thunder would pay about $24 million, based on their current payroll). Alex Kennedy of Hoopshype shed a little more light on that and other options.

It’s probably going to be the Cavaliers — his good friend LeBron James is there, they are the best team in the East so a trip to the Finals (and a shot at a ring) are very possible, and he could start for them. That’s probably enough to get the deal done.

Expect Wade to take a little time with this decision. Veterans are not big fans of training camps, he may be willing to miss a little, spend some time with the family, listen to pitches, then choose Cleveland where he wants to play this season.

 

AP source: Bulls agree to 2-year deal with Mirotic

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CHICAGO (AP) A person with knowledge of the situation says the Chicago Bulls and forward Nikola Mirotic have agreed to a two-year contract that could pay as much as $27 million.

The person spoke to The Associated Press on the condition of anonymity Sunday because the deal has not been announced. The Bulls hold an option on the second year.

The 6-foot-10 Mirotic averaged 10.6 points last season. He has scored 10.8 per game over three seasons.

The Bulls are rebuilding after winning 41 games and losing in the first round of the playoffs. They traded All-Star guard Jimmy Butler to Minnesota on draft night for three players 23 and younger – Zach LaVine, Kris Dunn and the rights to No. 7 overall pick Lauri Markkanen.

Yahoo Sports first reported the agreement.

More AP NBA: http://www.apnews.com/tag/NBAbasketball