Washington Wizards v Sacramento Kings

Report: Details of proposed amnesty clause leaked

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I have no doubt we will see an amnesty clause in the new NBA labor deal being hammered out. There was one in the last deal, there will be one now.

The amnesty clause allows teams to take one onerous contract off their books. It’s a way for teams to lower their salary to whatever the new guidelines are. However, the devil is in the details of the clause and the players will want assurances.

Which brings us to information via Ken Berger of CBSSports.com. In a piece detailing where things stand in the talks, he relays what he’s heard about the amnesty idea.

Under the league’s amnesty proposal, sources say teams would be able to waive a player and have up to 75 percent of his contract removed from the cap and tax, with the remaining balance amortized against the cap over the number of years left on the contract. The player would still be paid 100 percent of the guaranteed money owed; this would be an NFL-style cap management tool to help teams adjust to the new system.

So, let’s do a hypothetical. Lets say, maybe, the Orlando Magic want to dump Gilbert Arenas’ and his bloated contract. Hypothetically. According to Sham Sports numbers, Arenas is owed $62,432,762 total over the next four years. If the Magic used the amnesty clause, Agent Zero would be a free agent (but still get his money), while the Magic could wipe three-quarters of his salary off the books. The remaining $15.6 million would be spread over four year years, for an annual cap hit of $3.9 million.

The exact form of the amnesty provision may change a little, but you can bet there will be one. And it might even be named after Arenas.

Kings’ new arena to be on street named after David Stern

SACRAMENTO, CA - OCTOBER 30:  NBA Commissioner David Stern received the key to the city from former NBA player and now Mayor of Sacramento Kevin Johnson during an NBA gam between the Denver Nuggets and Sacramento Kings at Sleep Train Arena on October 30, 2013 in Sacramento, California. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement.  (Photo by Thearon W. Henderson/Getty Images)
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Former NBA commissioner David Stern pitted Sacramento and Seattle against each other. Sacramento made a more lucrative offer, so it kept the Kings.

For that, the Kings are honoring Stern.

Ailene Voisin of The Sacramento Bee:

The Kings will announce Tuesday that they are naming the street leading to the front door of the new downtown arena in honor of former NBA Commissioner David Stern, whose persistent, decades-long efforts helped keep the franchise in Sacramento.

Officially, the address of the Golden 1 Center – to be submitted to the city Tuesday for approval – is 500 David J. Stern Walk.

“When I learned we would have the option of naming the road, it was a no-brainer for me,” Kings principal owner Vivek Ranadive told The Sacramento Bee on Monday. “There were no other names on my list. David took the NBA to the global level and started the WNBA, but he is about so much more than basketball. He is one of the greatest leaders in the world, and on top of that, the team would not be in Sacramento without David Stern.”

OK.

Michael Jordan made a big philanthropic donation, but don’t confuse it with a political stand

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Dave Zirin is one of my favorite twitter follows and a great writer on the intersection of sports and politics for The Nation (and his podcasts are fantastic).

Speaking with Dan Patrick Tuesday (video above) he hit the nail on the head with Michael Jordan’s $2 million donation Monday — it was a great bit of philanthropy, but it wasn’t political. Jordan said he could no longer try to stay silent on racial issues, but he didn’t take a side, he didn’t make a donation to Black Lives Matter or any other movement pushing for one side or the other in this debate. He put money into trying to build a bridge between police and poorer, minority communities. That’s a good thing, but it’s not a political stance (there is no “anti better police relations” movement).

Jordan should be congratulated for what he did, but we have graded Jordan’s “political” action on a curve because he doesn’t make political moves.

Report: Victor Oladipo seeking max contract extension from Thunder

ORLANDO, FL - JANUARY 22:  Victor Oladipo waits for a free throw during the game against the Charlotte Hornets at Amway Center on January 22, 2016 in Orlando, Florida. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and/or using this Photograph, user is consenting to the terms and conditions of the Getty Images License Agreement.  (Photo by Sam Greenwood/Getty Images)
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The Thunder dealt with the Magic to get Victor Oladipo.

Now, it’s time to negotiate with Oladipo, who’s eligible for a rookie-scale contract extension.

How much does he want?

Zach Lowe of ESPN:

(for now) seeking the maximum salary, sources say.

Why shouldn’t he?

C.J. McCollum just got a max extension, and while I’d prefer McCollum over Oladipo, their value is comparable. McCollum is a superior shooter, but Oladipo is more advanced defensively. Two factors working in McCollum’s favor — youth and a shortage of good shooting guards in the NBA — also apply to Oladipo.

Perhaps, the max rules kept McCollum from earning more. Even if he’s not quite as valuable as McCollum, Oladipo still might deserve the max. That’s a pitfall (feature?) of the system.

But a difference between the Trail Blazers’ and Thunder’s cap outlooks could be key.

If he doesn’t sign an extension, Oladipo will count $13,105,921 against the cap to begin next offseason. Oklahoma City can hold him at that number, use its other cap space then exceed the cap to re-sign him with Bird Rights.

If he signs an extension, he’ll count all offseason at his 2017-18 salary — which is projected to have a max of about $24 million.

Because Oklahoma City is more likely than Portland to have 2017 cap space, that difference matters considerably. The Thunder could use an extra $11 million of flexibility, especially as they handle Russell Westbrook‘s free agency.

Oladipo almost certainly won’t sign an extension that starts at less than his $13,105,921 cap hold. So, any extension will cut into the Thunder’s 2017 space. But he could take enough of a discount to make it worth their while over the life of the deal.

There’s plenty of time for compromise. Oladipo’s extension deadline is Oct. 31.

For now, Oladipo should keep asking for the biggest payday.

Report: Warriors center Anderson Varejao likely out for Olympics

LONDON, ENGLAND - JULY 31: Dan Clark #13 of Great Britain shoots over Anderson Varejao #11 of Brazil in the Men's Basketball Preliminary Round match between Great Britain and Brazil on Day 4 of the London 2012 Olympic Games at Basketball Arena on July 31, 2012 in London, England.  (Photo by Christian Petersen/Getty Images)
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Warriors center Anderson Varejao left his native Brazil to have his back examined in the United States before the Rio Olympics.

The prognosis doesn’t sound good.

Marc Stein of ESPN:

That’s a bummer for Varejao, who was clearly looking forward to playing in his home Olympics. At least Brazil still has plenty of talent — including Nene, Leandro Barbosa, Raul Neto and Marcelo Huertas — to compete for a medal.

The Warriors certainly hope Varejao heals in time for the season. They might have to depend on him to back up Zaza Pachulia if rookie Damian Jones isn’t ready and they want to limit the pounding Draymond Green takes at center.