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Report: Parker denies he’ll play for French team he co-owns

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UPDATE 8:58 am: Well, that didn’t take long.

Not long after the report (seen below) that Tony Parker would play for the French team he co-owns was leaked Parker  himself shot that report down, via BasketEurope and Hoopshype:

“This is not true, I did not sign anything. Nothing is done. I did not commit to ASVEL during the lockout. There is insurance to pay, the case has stalled because I am playing with the National Team”

Note that he does not say it will not happen, just that there are insurance and other issues to work out. So this is not dead in the water, but it’s not all lined up right now.

8:14 am: In the NBA, there are rules against players owning a part of the team. France has no such qualms. (They don’t have qualms about a lot of things that disturb us here, but that’s another topic for another day.)

This is good news for Tony Parker. He is co-owner of a team in the top league in France and he has nothing to do during the lockout. So…

We bring you this report from Le Progres, a French Web site, with a translation via HoopsHype:

According to our informants, Tony Parker, starting point guard of the Spurs, will be wearing ASVEL’s jersey during the NBA lockout. This will come true by mid-October.

The club, in a suburb of Lyon, would not only get better on the court but the arenas will fill up and the owners would make a lot more money… hey, now I get why he is going.

We’ll see if this really happens, I’d take it with a grain of salt. But there is some logic to it.

LeBron James posts photo with Tristan Thompson, sends message to Cavs

2015 NBA Finals - Game Five
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Tristan Thompson is a man without a contract. By not signing the qualifying offer with the Cleveland Cavaliers he put himself in limbo, the rare NBA holdout. Right now his options are to sign the deal on the table (the Cavs still have the five-year, $80 million offer out there), get the Sixers or Blazers to offer him a max contract (which neither team has shown any interest in doing), or hold out and hope the Cavaliers make a better offer. If he holds out for the entire season he becomes a restricted free agent again next summer — exactly like he is right now.

Without signing the qualifying offer and the threat of leaving, Thompson hurt his leverage.

But he has a little leverage. He and his agent Rich Paul had one other card, and it got played Saturday.

Get it done!!!! Straight up. #MissMyBrother @realtristan13

A photo posted by LeBron James (@kingjames) on

LeBron James and Thompson share an agent in Paul. LeBron has largely remained silent through this process but if he wants something in the Cleveland organization, he usually gets it. And he wants Thompson back at practices.

LeBron’s leverage is going to be put to the test. The Cavaliers have let it leak they are not that concerned about LeBron leaving them next summer over this — and they’re right. The damage to LeBron’s brand if he broke the hearts of Cleveland fans again would be crushing, unless he leaves for a very good reason. Overpaying Thompson is not that reason.

However, LeBron’s comment could push the Cavaliers to try to find a compromise.

For the Cavaliers, a lot of how they view all this comes down to their tax bill. The Cavaliers already have $94.9 million in guaranteed salary on the books, putting them $10.2 million over the luxury tax line, at a cost of more than $16.25 million. What this means if (or when) they sign Thompson is his first $10 million in salary would cost them $28.75 million in tax and every dollar above that for the next $5 million costs them $3.75-to-$1. Look at it this way, by my count $14 million this year to Thompson would cost $43.75 million in tax — the total for Thompson at that price is $58 million. While that’s not all on Thompson it’s a lot of cash, and Thompson wants a max deal that starts at more than $16 million a year.

Owner Dan Gilbert is already going to pay the highest tax bill in the NBA this season, but if he balks at those figures it’s hard to blame him.


Hezonja throws down one-handed dunk in preseason debut

Orlando Magic Introduce 2015 NBA Draft Picks
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Mario Hezonja, the No. 5 pick in this year’s draft, has never lacked for confidence. The Croatian guard made his pro debut in the Magic’s preseason game against the Hornets on Saturday and did this:

Between Hezonja, Elfrid Payton, Victor Oladipo and Aaron Gordon, the Magic have a nucleus of young players that has the potential to be a lot of fun. Even if they’re still a few years away from contending, they’re definitely going to be a League Pass favorite this year.