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Owners, players reportedly closer to figuring out money split

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It’s all about the money. Both sides have tried to tell us that the NBA lockout was about other stuff, but make no mistake it is all about the money.

And they may be closer to figuring that out.

Multiple reports out of Wednesday’s eight-hour plus bargaining session in New York have said that the sides have gotten closer to figuring out the split of basketball related income (BRI, which is basically the revenue the league brings in). That is the core issue in the lockout. Adrian Wojnarowski of Yahoo said it most clearly.

As long expected, the two sides have moved closer to a “50-50 split, give or take a point with ranges based on revenue performance,” one source said.

While the league’s owners and players made progress in Wednesday’s 8½-hour mediation session, one source involved in the talks was hesitant to characterize it as a “breakthrough” moment, saying system issues could again derail talks.

The two sides will be back at it in talks starting at 2 p.m. Eastern in New York.

Previously the owners had offered the players a range of BRI, between 49 and 51 percent, based on the level of revenues that came in (the more revenue, the higher the percentage for players). The players countered with a 51 to 53 percent split offer.

Reports suggest the two sides are back to discussing ranges in that ballpark and made progress. Those ranges are not far apart and there clearly is a deal that can be made there.

There are two key challenges here.

One is Commissioner David Stern and union chief Billy Hunter being able to sell their constituencies on this. Hardline owners have wanted to keep the players below 50 percent of BRI. Hardline players — led by stars like Kobe Bryant and Kevin Garnett — have said they will not go below 53 percent (the players had 57 percent in the last labor deal). Both sides will have to be convinced this is the best deal and one they should approve.

Secondly, there are system issues to be dealt with and the luxury tax remains the key one. That, too, is about the money. In the old system, there was a dollar for dollar tax on salaries over a certain threshold (last season $70 million). The owners want to dramatically increase that fine (start at $1.75 to $1 and increase the tax 50¢ every $5 million over) in order to stop teams like the Lakers and Mavericks from spending so much. The players see it as a de facto hard salary cap designed to depress salaries and force more non-guaranteed contracts. Which is exactly what it is. The two sides need to find a middle ground on this issue as well.

The progress the two sides are making is incremental. But that is a lot better than the progress they were making before federal mediator George Cohen stepped in the room.

Zach LaVine wins MVP, Kristaps Porzingis puts on show in Rising Stars Challenge

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TORONTO — Canada’s own Andrew Wiggins was the rock star of the night. “An-drew-Wi-gins” chants broke out in the Air Canada Center as Canada’s native son put on a show with 29 points (and a few dunks) leading a World Team comeback against the USA in the Rising Stars Challenge.

“An-drew-Wi-gins” chants broke out in the Air Canada Center as Canada’s native son put on a show with 29 points (and a few huge dunks), sparking a World Team comeback against the USA in the Rising Stars Challenge.

His Minnesota teammate Karl-Anthony Towns was going to have none of that.

“I gotta see Andrew Wiggins for a long time and I want to rub this in,” Towns said.

He got his wish, the USA beat the World Team 157-154.

It was a glorified pickup game for three quarters, and the level of defensive intensity will make Sunday’s All-Star game look like Tom Thibodeau teams are playing. That led to a lot of high scorers.

Zach LaVine — the other teammate of Wiggins and Towns — led the USA with 30 points and was named the game’s MVP, and said he wanted to steal Wiggins’ thunder at home.

“That’s what I was going for,” LaVine said.

Also from the USA, Jordan Clarkson (Lakers) had 25, Devon Booker (Suns) had 23 and was 5-of-8 from three, D'Angelo Russell (Lakers) had 22, and Towns chipped in 18 points and 7 boards.

Knicks sensation Kristaps Porzingis was the second most popular player in the building, and he had 30 for the World team.

“Not great defense, but it’s about having fun, I guess,” Porzingis said. “And I think we had fun out there. In the second half we got more competitive, as both teams wanted to get the win, and we fell a little short.”

Also for the World Emmanuel Mudiay (Nuggets) had 30 points, Wiggins had 29, and Mario Hezonja (Magic) had 19.

The intensity and defense did pick up in the end, although one wouldn’t call it a thing of beauty. What matters is the crowd in the Air Canada Centre enjoyed it, even if their team didn’t win. It’s an exhibition, and they got a show.

Report: Celtics, Cavaliers talking Kevin Love trade; could include Knicks, ‘Melo

Cleveland Cavaliers' Kevin Love holds the ball away from Boston Celtics' Amir Johnson during the second quarter of a NBA basketball game in Boston Tuesday, Dec. 15, 2015. (AP Photo/Winslow Townson)
Associated Press
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The Celtics are looking for an elite player to improve their deep cast of role players. The Cavaliers are looking for depth. And Carmelo Anthony may just be looking to win.

All of that has talks between the Cavaliers and Celtics on a potential Love deal progressing, with the possibility of the Knicks as a third team also in the mix, according to Frank Isola of the New York Daily News.

The Daily News has learned that the Boston Celtics and Cleveland Cavaliers have discussed a blockbuster trade centered around Kevin Love. There were very preliminary discussions about expanding the deal to include the Knicks and Anthony, who would have to waive his no-trade clause in order to facilitate a deal to the Cavs.

The Knicks would receive draft picks and players in return. One of those players is believed to be Timofey Mozgov, who five years ago was traded by the Knicks to Denver in the Anthony deal.

This is a longshot, but the report has some legs.

It’s not clear how far along these talks are. The trade deadline is Feb. 18 (next Thursday) and conversations tend to move past the theoretical/value judging phase and get real come All-Star Weekend, when many GMs and decision makers are in one place (and nobody can go outside because it is too cold in Toronto). This trade works for the Cavaliers if they get a quality stretch four in return — Kelly Olynyk? — plus some depth and a quality pick. The question for the Cavs is simply how much can they get back — this is a win-now team and Love helps that, so how does a trade make them better?

Would Danny Ainge move the unprotected Brooklyn Nets pick to get Love? Jae Crowder? How much would Boston surrender to get an elite star, especially one under a reasonable, long contract?

Carmelo Anthony wants a ring, if he could end up playing with LeBron and be much closer to it than he is now, he would waive his no-trade clause.

That said, this trade sounds like a longshot. At least at the deadline. Next Summer… who knows?

Watch Kevin Hart be Kevin Hart at the NBA All-Star Celebrity Game

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Kevin Hart has a movie to promote decided to come out of retirement to play in the NBA All-Star Friday Night Celebrity Game.

And, he did what Kevin Hart does.

Well, except win MVP of the game, that went to Win Butler (the Canadian lead singer of Arcade Fire). Butler led Canada to a 74-63 win over Hart and the USA.

Drake to introduce players for All-Star Game Sunday

Drake stands in front of Canada's bench before the Celebrity Game, part of NBA basketball's All-Star weekend, in Toronto on Friday, Feb. 12, 2016. (Chris Young/The Canadian Press via AP)
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You knew Canadian hip-hop star Drake was going to be involved directly in the All-Star Game in a way more than just having his back-and-gold OVO owl gear sold at the Air Canada Centre. Now we know how.

Drake will introduce the NBA All-Star players Sunday.

Drake has experience with this, he has introduced the Raptors — for whom he is a “global ambassador” — before.

This works for me. However, just to be clear, Drake is going to be introducing the players and Sting will headline the halftime show Sunday. Because nothing says NBA and millennials like “Fields of Gold.”