Malcolm Gladwell says owners shouldn’t expect to make money


Is owning a sports franchise a business or a toy?

Right now, the NBA owners are telling you the NBA is a business, and a bad one at that. One that needs to be fixed. Even if it means costing an NBA season.

But you look at owners like Mark Cuban and you see him treat it like a toy — he has said the Mavericks have lost money every year. He has been sued over it. He can kind of erase that on the books because he also owns American Airlines Center and he has said he will cover the debt. But he treats this as a toy and bought himself a title. (Go ahead and say the Heat are trying to buy a title, but the Mavericks paid $20 million more last year in salary and in the last decade only the Knicks have paid more.) Of course, Cuban has made his money on franchise valuation, that has flattened out a lot for owners who bought recently.

In an interesting piece over at Grantland, social commentator Malcolm Gladwell — he of Blink and Outliers and TED — says that NBA owners shouldn’t expect to make financial profit off a team. He notes that owners get a “psychic benefit,” an emotional benefit from owning the team that is what makes owning a sports team different than owning a car repair shop.

The rationale for the NBA lockout, from the owner’s perspective, goes something like this. Basketball is a business. Businesses are supposed to make money. And when profits are falling, as they are now for basketball teams, a business is obliged to cut costs — which in this case means the amount of money paid to players. In response, the players’ association has said two things. First, basketball teams actually do make money. And second, if they don’t, it’s not the players’ fault. When the two sides get together, this is what they fight about. But both arguments miss the point. The issue isn’t how much money the business of basketball makes. The issue is that basketball isn’t a business in the first place — and for things that aren’t businesses how much money is, or isn’t, made is largely irrelevant….

The Financial Times recently interviewed Diego Della Valle, the chief executive of the Italian luxury goods manufacturer Tod’s. Della Valle owns the celebrated Italian football club Fiorentina. “I ask if the decision to buy the club was made from the heart, or for business reasons,” the Financial Times interviewer writes. Della Valle replies: “With football, business reasons don’t exist.” Exactly.

The question to me has become, “has that attitude changed among owners?” I would say Gladwell’s perspective was true 20 years ago, it has shifted some now. The guys who form a partnership and spend hundreds of millions to get a team — guys who are leveraged — get their psychic benefit but do not let that get in the way of the bottom line. They are the hardliners pushing for change.

But should they feel that way? Or should they enjoy the psychic benefits (and the profits they will make when the team is sold) and stop treating their toy like a business? Not sure there is one simple answer to those questions.

Isaiah Thomas rewarded on epic flop with offensive foul call vs. Heat

Getty Images

Why do NBA players flop on defense? Because it works.

While there is less of it than there was a couple of years back — when the NBA made a big show about calling more flops and warning (then eventually fining players a pittance) for the move — it still exists. Case in point, this impressive one from Isaiah Thomas of the Lakers on Tyler Johnson of the Heat Friday night (hat tip AminElHassavag at NBA Reddit).

Was there a little contact, sure, but Thomas fell back like he was shot by the second gunman on the grassy knoll. He exaggerated the contact, which is the definition of flopping. Thing is, he got the call (the ref who made the call, from his position, might only have seen the contact and not necessarily the extent of exaggeration, but that’s where the other officials need to step in).

Not that everything went Thomas’ way Friday night.

Suns’ Marquese Chriss, Jared Dudley fined $25,000 each for knocking down Ricky Rubio


Marquese Chriss and Jared Dudley got off light.

There should have been suspensions involved for the cheap shots leveled on Ricky Rubio by the pair during Thursday night’s blowout Jazz win. Instead, the pair were fined $25,000 a piece by the league Saturday for this incident.

Rubio has a knee contusion from the incident Jazz coach Quin Snyder confirmed, however, Rubio is available to play Saturday vs. the Kings.

Dudley was given a flagrant 2 and ejected at the time, Chriss was handed just a flagrant 1 for his escalation. I don’t completely buy Dudley’s explanation here either — I think they were pissed Rubio stepped over a down Chriss to inbound the ball and made him pay for it — but he did own up to it being excessive.

So to be clear, if you throw a haymaker and miss — as Aaron Afflalo did recently — that’s a two-game suspension. But if you throw or body check a player to the ground, that’s just 25 large, no time missed. Players wanting retaliation will take note of that.

Roulette tables are less random than the NBA’s enforcement policies.

Check out Terrance Ferguson’s acrobatic layup vs. Clippers (VIDEO)


It was supposed to be an alley-oop.

However, Raymond Felton‘s pass was low. And not just a little low, a few feet low.

Oklahoma City’s athletic rookie Terrance Ferguson was leaving the ground as the pass was thrown, meaning he had to make an in-air adjustment — and the results were spectacular.

Corey Brewer continues to be key, scores 22 as Thunder beat Clippers 121-113

1 Comment

OKLAHOMA CITY (AP) — Five starts, five wins for Corey Brewer with the Oklahoma City Thunder.

The recent addition scored 22 points and matched a career high with six steals to help the Thunder beat the Los Angeles Clippers 121-113 on Friday night.

The 32-year-old Brewer was bought out by the Los Angeles Lakers late last month, allowing Oklahoma City to pick him up as a free agent. As a starter with the Thunder, he is averaging 14.8 points in the shooting guard spot vacated when Andre Roberson ruptured his left patellar tendon and had season-ending surgery.

Brewer said it has been easy to fit in because he played college ball for Thunder coach Billy Donovan at the University of Florida.

“I won’t say it’s surprising,” Brewer said. “It’s a comfort level. I keep telling everybody, coach Donovan makes me feel really comfortable. I won two national championships with the guy. It’s just his demeanor and the faith he has in me that makes the game easier.”

Oklahoma City’s Russell Westbrook had 16 points, 10 rebounds and 11 assists for his 22th triple-double of the season and the 101st of his career. Brewer said playing Westbrook’s up-tempo style has been fun.

“Yeah, I love to run,” Brewer said. “That’s my game. I can run all day, so having Russell Westbrook pushing on the break just running to get a layup – it’s easy.”

Paul George scored 19 points and Steven Adams added 18 points and 14 rebounds for the Thunder, who swept all three games from the Clippers this season.

Oklahoma City, one of several teams in the race for the No. 3 seed in the Western Conference playoffs, won its fifth straight and clinched a winning season. It was the start of a difficult closing stretch against mostly teams in playoff contention.

Adams created problems for the Clippers all night.

“He’s a good basketball player,” Clippers coach Doc Rivers said. “I almost think that’s a slap just to call him and energy player because he is a skilled basketball player with high IQ and is just extremely physical. It seems like every time we got a big stop, he got it back for them, so you just have to give him credit.”

Tobias Harris scored 24 points and Austin Rivers added 23 for the Clippers, but the Thunder scored 31 points off Los Angeles’ 23 turnovers. DeAndre Jordan had 11 points and 21 rebounds.

“They are fifth in the league for fast breaks,” Clippers coach Doc Rivers said. “You don’t turn the ball over. You turn the ball over that many times, you’re going to lose the game.”

Brewer and Adams carried the load in the first half, scoring 14 points each to help the Thunder take a 63-56 lead.

Terrance Ferguson got a 3-pointer to rattle in early in the fourth quarter to give the Thunder a 94-87 lead. He later caught a pass in midair around his waist, and then kicked his legs out and hesitated before making a reverse layup to bump the lead to 96-88.

Westbrook clinched the triple-double on a rebound in the fourth quarter. His mid-range jumper gave the Thunder a 116-107 lead and forced a Clippers timeout, and Oklahoma City maintained control from there.