The New Jersey Nets just made a lot more money.
The soon-to-be Brooklyn team (they move for the start of the 2012 season) will double its annual intake to $20 million a season as part of a 10-year extension that will keep the Nets on the YES network until 2032, reports the Sports Business Journal. This was a settlement to a dispute about the team’s television deal.
This deal had seem some rough patches to get to this point, with the Nets walking away from the table back in February and an arbitrator being brought in, but eventually they reached a settlement.
Now, let’s throw out the lockout spin (because everything must have a lockout spin):
Right now no money from local television deals is shared between owners. The Nets doubling their rights follows in the footsteps of the Celtics, Warriors and Lakers all striking new television deals worth a lot more money. The players will tell you that much more robust revenue sharing is needed if small market teams are going to be profitable.
The owners’ last official offer to the players tried to decouple the salary cap from league and team revenues. This is why. The owners know that television and other revenue is going to go up in the next decade and they want to keep salaries flat so that revenue goes into their pockets and doesn’t have to be shared with players. The union will fight hard to stop that from happening, they want revenue and the cap to move together.
Chris Paul broke his finger Saturday.
The initial diagnosis said the injury wasn’t serious.
Ben Bolch of the Los Angeles Times:
Paul obviously wouldn’t push it during the preseason. If the Clippers are allowing him to play, this can’t be bad.
Really, the most challenging aspect to this is grasping the concept that a broke finger can be a minor injury.
Brad Stevens has a big challenge this year – sorting the Celtics’ deep roster of similarly able players.
It seems that process is shaking out at power forward and center.
A. Sherrod Blakely of CSN Northeast:
it appears Boston’s first four bigs will be starters David Lee and Tyler Zeller, with Amir Johnson and Kelly Olynyk off the bench.
That leaves Jonas Jerebko and Jared Sullinger, potentially on the outside looking in as far as the regular rotation is concerned.
Lee is the best passer of the bunch, which could partially explain why he’s starting. Boston’s most likely starting point guard, Marcus Smart, is still growing into the role of the lead ball-handler at the NBA level. Lee and presumptive starting shooting guard Avery Bradley can take some pressure off him.
Olynyk can space the floor for Isaiah Thomas-Johnson pick-and-rolls with the reserves and run pick-and-pops with Thomas himself.
I’m a little surprised Zeller is starting over Johnson, though. The Celtics just signed Johnson to a $12 million salary, and I thought they’d rely on his defense to set a tone early. Like Johnson, Zeller is a quality pick-and-roll finisher who can thrive with Thomas.
This is particularly bad news for Sullinger, who – barring a surprising contract extension – is entering a contract year. It seems those reports of offseason conditioning haven’t yet paid off. Jerebko’s deal also isn’t guaranteed beyond this season, but at least he has already gotten his mid-sized payday. Sullinger is still on his rookie-scale contract.