Players, owners see incremental progress on second long day of meetings

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Representatives of the NBA owners and players have sat in the same room with federal mediator George Cohen for more than 24 hours over two days.

That will have to do for progress; the two sides do not have a deal yet. But while there was no breakthrough, there was some progress on the key issue of the split of basketball related income, Adrian Wojnarowski of Yahoo tweeted.

The two sides and Cohen will be back at it in the same room again on Thursday.

Cohen spoke to the media but shed no new light on the talks, other than to say Wednesday’s negotiations ended so owners could get to an already scheduled Board of Governor’s meeting to discuss revenue sharing.

“The discussions have been direct and constructive, and as far as we are concerned, we are here to continue to help assist the parties to endeavor to reach an agreement,” Cohen said.

Cohen said his gag order on both sides remains in effect. Nobody from the owners or players made public comments.

The owners and players met for about seven-and-a-half hours on Wednesday following a marathon 17-hour session on Tuesday.

What information has leaked out of the room suggests there has been incremental progress, but that the two sides had a long, long way to go to make a deal. On Tuesday it was reported that what Cohen was able to do was have the two sides not be emotional about the issues and just discuss them, so nobody has stormed out of the room and done anything rash. Like cancel a couple of weeks of games.

But that does not mean they are close to a deal, either.

The key issue remains the split of basketball related income (money the league gets from national television deals, ticket sales, clothing sales and so on down to some of the money from that beer you buy at games). In the last labor deal the players got 57 percent, the players had last formally offered to come down to 53 percent. The owners want a 50/50 split, and a different definition of BRI that lets them take more money off the top. Also tied to that are issues like length of contracts and the luxury tax, which would work as a form of revenue sharing.

Thursday’s negotiating session may not be long either as the owners have a second part of the Board of Governors meeting scheduled. Cohen had wanted to meet through the week when he first tried to set this up.

Doc Rivers says Chris Paul left to be with James Harden not because of Clipper players

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Chris Paul essentially forcing a trade to the Houston Rockets was an earthquake that shook the Los Angeles Clippers and destroyed them as any kind of contender. (How much of a contender they really were is up for debate, they did win 50+ games five of the past six years, but a combination of injuries, mediocre chemistry and toughness questions never let them get past the second round.)

Then came the aftershocks — or spin. First, there was the report that Paul had it with Doc Rivers because he and the team felt Austin Rivers gets favorable treatment. That was followed by the Clippers spin saying they never formally offered Paul a five-year max deal because they were concerned about paying a 37-year-old CP3 more than $40 million.

Now Doc Rivers entered the fray, defending his players saying Paul left he wanted to play with James Harden, via Brad Turner of the Los Angeles Times (below is his comments from a series of Tweets combined).

“At the end of the day, when you lose a CP, it’s a big loss. I thank him for the years he was here. He left because he wanted to be with James Harden. Let’s not get that twisted. I wish him well. I have no problem with that. Do I disagree? Yeah, I think he would have been better served here. But that’s not for me. That’s CP to decide and he decided against that. We’ve heard all the stories about Blake and DJ and Austin. I can’t comment just on Austin because it’s just not right. We’ve heard he left because of all three today. He left because of DJ, he left because of Blake and now he left because of Austin. We know he didn’t leave because of that. There is a lot of speculation on why he left. The one thing I know is he didn’t leave because of any of those three guys. He left because he felt like he would have a better chance to win somewhere else.”

Doc is right. And wrong. Almost all spin is like a myth — there’s some truth in it, then everything around that gets blown up to put that truth in the light that best suits one side. All of the aftershocks in the wake of Paul’s exit from L.A. have some truth, what any one person believes to be “the truth” speaks more to their viewpoint.

Did Paul leave the Clippers because he wanted to play with Harden and saw that as his best chance to a ring? Absolutely. After six years of playoff frustration, it was clear what the Clippers were not: A team getting to the Finals past the Warriors. These Rockets have a better chance of that and CP3 is a very competitive person.

Were Paul, and many of his teammates, frustrated with what they saw as favoritism toward Austin Rivers? I can tell you that is also unequivocally true. Any reporter that has been around this team at all in recent years has heard that from a variety of sources, myself included.

Were the Clippers worried about the fifth year of CP3s deal? Of course they were, any sane executive would be. Now, if Paul had demanded a five-year max to stay with the Clippers I also have no doubt they would have given it to him, they just would have done it knowing the last year or so of that deal was an anchor. Teams do that all the time.

Life is rarely something black and white, it’s always shades of gray. Major decisions — like changing where you work and live — are not based on just one factor, but a variety of them. Did the chance to win weigh more on Paul than money or frustration with Doc Rivers? Only Paul can answer what the ratios were, but winning probably was the biggest factor. That doesn’t make the other factors less true.

It also doesn’t change the fact Doc Rivers and the Clippers have some hard choices — and some recruiting of Blake Griffin to do — coming up this summer.

Ex-financial adviser gets 4 years in federal prison for defrauding Tim Duncan

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SAN ANTONIO (AP) An ex-financial adviser to retired San Antonio Spurs player Tim Duncan has been sentenced to four years in federal prison for defrauding the former NBA star of millions of dollars.

Federal prosecutors say 49-year-old Charles Banks of Atlanta was sentenced during a court hearing Wednesday in San Antonio.

A judge also ordered Banks to pay $7.5 million in restitution.

Banks had pleaded guilty in April to one count of wire fraud.

Investigators say Banks manipulated Duncan -who retired last year after five NBA championships with the Spurs – into guaranteeing payment of a $6 million debt related to a merchandising business.

Prosecutors say Banks failed to disclose commissions and loans he received in the deal.

Banks is set to report to federal prison as early as Aug. 28.

Lakers exercise David Nwaba’s $1.3 million contract option

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EL SEGUNDO, Calif. (AP) — The Los Angeles Lakers have exercised their $1.3 million contract option on guard David Nwaba for the upcoming season.

The Lakers announced the move Wednesday.

Nwaba earned a job with the Lakers after they called him up from their D-League affiliate on Feb. 28. The rookie averaged 6.0 points and 3.2 rebounds per game while impressing Luke Walton’s coaching staff with his hustle and defensive play.

The Lakers signed him to a new contract with a multi-year component just three weeks after his NBA debut.

Nwaba is a local product, attending University High School in West Los Angeles and Santa Monica College before finishing his college career at Cal Poly.

Stephen Curry to play Web.com Tour’s Ellie Mae Classic

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HAYWARD, Calif. (AP) — Two-time NBA MVP Stephen Curry is set to test his golf game against the pros.

The Web.com Tour said Wednesday that Curry, coming off his second NBA championship with the Golden State Warriors, will play in the Ellie Mae Classic at TPC Stonebrae on Aug. 3-6.

It’ll be the first PGA Tour-sanctioned event for Curry, who has competed in various celebrity events and pro-ams. The top 25 on Web.com Tour’s regular-season money list will earn PGA Tour cards.

Curry will maintain his amateur status, competing on an unrestricted sponsor exemption in the event that benefits the Warriors Community Foundation.

Hall of Fame receiver Jerry Rice played in the event in 2011 and 2012. He missed the cut in 2011 with rounds of 83 and 76 and withdrew in 2012 after playing 27 holes in 23 over.

Also Wednesday, Nissan’s upscale Infiniti brand announced that Curry would be its new global brand ambassador. The point guard will be featured in ads for the Q50 sports sedan beginning this summer.