The magnetic nature of markets and why we need a weighted lottery


Over at TrueHoop, Kevin Arnovitz is the latest in a long stream of really thoughtful people to start trotting down a path that is hyper-supportive of the free market and very skeptical of the value of any handouts. The topic in this particular instance is the draft, and how if the 2011-2012 season is lost in totality, perhaps the NBA should abandon the draft. The concept is to allow players to just enter as free agents and let the chips fall where they may. Its foundation is based on a conversation between Malcolm Gladwell and Bill Simmons (because if I’m searching for practical solutions to real-life problems, THAT’s exactly where I’m starting) about how the real answer to contention is free agency, not the draft, and because it’s illogical to reward losing, every team should have an equal shot in the lottery. Arnovitz takes it a few steps further. It’s the NBA deregulation equivalent of saying “really, that toxic spill is the ducks’ problem.” But Arnovitz makes a good case as he always does:

If you wanted to extend Gladwell’s idea even further, why not eliminate the draft altogether in 2012 in the event of a lost season? Declare every eligible incoming player a free agent and allow the market (and the restraints of the salary cap) to dictate where they land.

We often assume that small-market teams would get the shaft, but are we absolutely certain that Harrison Barnes would agree to take a minimum salary (for the sake of this exercise, let’s say there’s a “rookie minimum exception” of $2 million for teams with zero cap room) from the Lakers when Sacramento could back up the truck for his services and guarantee him the starting small forward position for years to come? Would a Jared Sullinger or Anthony Davis be willing to play out of position as a fourth option in Miami for millions less than he could earn in Indiana?

We don’t know, but for a league that’s grappling for a new financial model and examining issues like revenue sharing and competitive balance, it would be useful to find out. In a draft-less world, rookies would be paid at market value and teams that have been frugal would have an advantage over those who have spent lavishly. Most incoming players would have to balance factors like dollars, touches and the allure of a marquee market.

via What a canceled season could mean for the draft – TrueHoop Blog – ESPN.

Couple of thoughts here, and because I’m not a good enough writer after forty-nine days of lockout brain damage, I’m going to use bullets. That’s right. Bullets.

  • As a starting point, let’s take a quick review of contending teams in the NBA. The Spurs were the top seed in the league, and have won four championships in twelve years. Plus they’re a small market. It’s a good thing that they’ve negotiated free agency so well to get Tim Duncan, Tony Parker, and Manu Gino… oh, no. Well, hold on. Oklahoma City has all that cap space, and they were within range of the Finals, everyone says they’re going to be champions at some point with this core. I remember when they made that offer to Kevin Durant and Russell Westbrook in… no. Well, hey, the Celtics did completely build their core around the guys they brought in in 2007. Not like they drafted Paul Pierce and then used younger players they drafted to pull in Garnett and Ray All… whoops. I’ve run the joke dry, so, Dwight Howard, Kobe Bryant, Dirk Nowitzki, Derrick Rose, Joakim Noah, Luol Deng, Dwyane Wade all drafted. Can you win with free agency? Yeah, pretty sure the Heat prove that theory, but it’s a combination of both.
  • Next, there’s this prevailing concept that there is no reason to try and weight things against small markets, that the open market will take care of itself. Getting beyond the absurdity that is the fact the Lakers have been in 31 of 63 Finals and both Boston and Los Angeles have more combined championships than the Steelers, Cowboys, Patriots, Broncos, Raiders, 49ers, Packers, and Dolphins, a quick trip down memory lane brings up a few fun ones. Kareem Abdul-Jabbar sticking Milwaukee and heading to LA for his prime, Shaq abandoning Orlando for the same, Dennis Johnson’s career in whole, Bill Walton all the same, Carmelo Anthony, LeBron James, Amar’e Stoudemire, Pau Gasol, we’re not really lacking for examples of the cream rising to the largely populated top. But let’s just take those as outliers, rare random exceptions in a sea of small market success. In fact, let’s get past the whole impact of markets in general.
  • The real problem isn’t even necessarily markets. It’s the perception that winning is success and that success is any sort of indicator year by year of whether the team is run well. That sounds moronic, right? How can it be wrong to determine how good a team is by looking at their success? The answer is that these things go in cycles. Let’s take Jared Sullinger for example. Let’s say Jared enters the big ol’ open market and the Spurs are interested for a lower price and the Hornets are interested for a slightly higher value. Arnovitz is correct that Sullinger will weigh the fact that if he goes to San Antonio he’ll be sitting behind Tim Duncan and if he goes to New Orleans he takes David West’s spot. But Sullinger’s going to look at the two choices and examine which has a better chance of winning a title. Because while players love money, in their youth there’s also the idea that they can earn the money later. Win now, and your market value goes up immediately. But in reality, he wouldn’t sign with San Antonio. Or New Orleans. He’d probably sign with the Lakers. Why? Because when Pau Gasol is gone, he’s the Lakers’ power forward. Then he gets paid. So he gets to compete for a title now, take over when Gasol is gone and get the money, and on top of it? These are kids. Young men. And young men care about how cool something is. Brandon Jennings is a Buck and is happy enough about it. But he wanted to be a Knick because that’s cool. And that factor, which is exaggerated by the success of larger markets, is self-propelling.
  • The real harm in a system without the draft isn’t to small market teams like New Orleans, or San Antonio. It’s to places like Minnesota, Milwaukee, Indiana, and Cleveland. Places that have terrible weather in the winter, no big reputation for being awesome, aren’t mentioned in songs, and are the kinds of places people on the coasts don’t care about. That’s a huge part in all this.
  • You know what’s really frustrating? Back before the internet was really booming, when you needed an immediate weather update on a huge deadly storm in the Midwest, you went to the Weather Channel. Your local stations couldn’t afford updates in the middle of the day on a Saturday, so you went to the Weather Channel to find out if your house was going to be blown away. Unfortunately, the only updates you could get would be on how the weather was in Long Beach (GUESS WHAT, IT IS SUNNY AND 75 AGAIN TODAY!) or Long Island (mild rain showers, be sure to get those umbrellas, New York!). The results is that while houses are being blown away, the Weather Channel is focused on places that don’t have bad weather. That’s kind of the same deal here. Milwaukee’s ownership hasn’t been flawless, but they haven’t been cheap. They haven’t drafted exceptionally well, but they haven’t been terrible. But trying to compete in a free agency only system would drive them into nothingness. Which a lot of people are fine with because that means they end up getting contracted. Most of these people live on coasts and root for teams with great chances of winning a title next year.
  • In reality, it’s good for the league to have some sort of idea that anyone can win a title, that the rest of the teams aren’t just around to be Washington Generals. I can definitely buy into the concept that we shouldn’t reward bad ownership (yet we do under the current pro-big-market system by letting Donald Sterling make a profit), and that this isn’t about helping out those who can’t help themselves. But creating change is good. Having a fanbase go from good to bad makes it more interesting when they have a revival. It lets them ease up on costs for a while as they rebuild, and re-evaluate. And having teams go from bad to good is essential in growing the fanbase of the entire league.
  • Now, again, Arnovitz’ central idea is that it’s worth seeing if an open market would result in Sullinger signing with Milwaukee, or Charlotte, or Brooklyn with the decision weighted on what’s best for the player. But the risk is too great of some teams never being able to sign any young players, constantly over-paying for marginal veterans and staying in the range of terrible-to-barely-mediocre. Proof of that lies with the Bobcats of the past several years. They weren’t denied draft picks, they just traded or sold them. The Bobcats tried to rely on veterans, they used the trade market as their free agency counter. The result was a disaster it will take years to dig out of.
  • Maybe it’s possible that all markets really are equal and that these 18 and 19 year-olds will follow the advice of their agents and make the best overall decision considering all factors. Maybe we’ll see equality throughout the land and it will serve only to further punish those teams who aren’t ran well. But it’s just as likely that teams that are run well but not exceptionally so in places that don’t have metro systems will find themselves tumbling down the wheel of disaster, with no way to slow their momentum or recover from a free agency departure or a bad injury. The bad get worse, and the worse get even worse, unless they’re metropolitan, in which case they lean on legacy and endorsements and they’re fine. At some point, we’ve got to decide whether we as fans want a league of teams or to seek out the elimination of those teams who aren’t doing well at this particular moment in time.

Jimmy Butler wants Mason Plumlee to pay fine after scuffle (video)


Jimmy Butler and Mason Plumlee got into an altercation in the Bulls’ win over the Trail Blazers last night.

Plumlee lowered his head and tried to barrel through Butler’s chest on a Butler screen. Butler fell and retaliated by putting Plumlee in a leg lock, causing Plumlee to fall.

You might remember a leg lock as what Cavaliers guard Matthew Dellavedova did to Bulls forward Taj Gibson during last year’s playoffs. For all the talk then of Dellavedova being a dirty player, Butler seems particularly aggrieved after getting a technical foul, which comes with a $2,500 fine – the same penalty Dellavedova eventually received. (Plumlee got a flagrant foul.)

Butler, via Vincent Goodwill of CSN Chicago:

“He thought he was playing football for a second there,” Butler said. “Almost had to let the Fort Greene Projects out of me, Brooklyn, you know what I’m saying?”

It was said tongue in cheek considering Gibson was a few feet over and Butler wanted to draw some laughs. Gibson is a Brooklyn native and grew up in the Fort Greene Projects while Butler grew up in Tomball, Texas.

It was no laughing matter when he said he would find a way to approach Plumlee about the fine money, jokingly suggesting he would have his agent email him at “Mr. Dukie@yahoo.com or something” and made a joke about Mike Dunleavy applauding Plumlee’s act.

Plumlee and Dunleavy are products of Duke University.

“Yeah, he cost me 2,500,” Butler said. “I’m not happy about that. Gonna ask him to pay me back and I’m not playing.”

Is that MisterDukie@yahoo.com, MrDukie@yahoo.com or Mr.Dukie@yahoo.com. Or is it Dookie?

These are important questions – at least if you’re trying to turn the conversation away from your dirty play and toward your colorful quotes.

Breaking news: Leandro Barbosa dunked


The Warriors became the first team in NBA history to start 16-0.

In the process of getting that record-breaking win over the Lakers, something nearly as historic happened.

Leandro Barbosa dunked.

The 32-year-old Golden State guard last jammed in January 2011.

For a little more perspective, look how Barbosa handled a breakaway layup earlier in the fourth quarter:

You think that man can still slam?

Yes. Yes, he can.

Magic benching Victor Oladipo, starting Channing Frye

Stephen Curry, Victor Oladipo, Channing Frye
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Elfrid Payton, Victor Oladipo, Evan Fournier, Tobias Harris and Nikola Vucevic have started eight of the Magic’s 14 games, including the last three.

But after Orlando dropped two straight, Scott Skiles hinted at lineup changes.

The Magic coach will deliver against the Knicks tonight, swapping Channing Frye for Oladipo.

Skiles, via Josh Robbins of the Orlando Sentinel:

“It’s nothing punitive,” Skiles said after the Magic’s shootaround.

“It’s just we feel like we’ve got to try to find a little bit better balance. I’d like Victor to have some more opportunities like he’s had a little bit in the past where he can be on top of the floor and attack and get a little bit more vertical and not only get to the rim but just be a little bit more on the attack but not necessarily start the game that way.”

Here are the offensive/defensive/net ratings for the

  • Former starting lineup: 94.7/111.2/-16.5
  • New starting lineup: 117.2/90.3/+26.8

The new unit has played just 33 minutes in two games, so major sample-size caveats apply. But I like idea of seeing more of what has worked.

I suspect Skiles also wants to keep his players from becoming content. At 6-8 and coming off three straight seasons outside the playoffs, they should have no reason to feel satisfied, but the hard-driving Skiles will be proactive.

If Oladipo – whose defense Skiles values – can get sent to the bench, anyone can.

At some point, the Magic must determine whether Oladipo and Payton – both below-average 3-point shooters – can share a backcourt. But it’s also worth knowing whether Oladipo can excel as a super sub leading bench players.

This switch might help the Magic win now, but at worse, it’ll give them more information for evaluating their young roster. Seems smart all around.

Dwight Howard says he’s cleared to play back-to-backs

Dwight Howard
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The 5-9 Houston Rockets need some wins.

The Houston Rockets have a back-to-back coming up, Sunday against the Knicks then Monday against the Pistons (both on the road). Two teams with quality big men.

Combine those things and you end up with Dwight Howard being re-evaluated by team doctors and getting the training wheels taken off, via Jonathan Feigen of the Houston Chronicle.

This, plus a mini training camp the past few days, is part of new coach J.B. Bickerstaff’s effort to turn Houston’s season around.

Houston’s defense is 1.9 points per 100 possessions better this season when Howard is on the court and the Rockets are stronger on the glass. The problem is the offense is 7.8 points per 100 worse with Howard on the court. How much of that can be changed with some roster tweaks — like limiting the time James Harden and Ty Lawson share the court — and how much is due to Howard demanding touches and not doing enough with them we will find out quickly.