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Might Jazz go on market if labor deal isn’t good enough? No.

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UPDATE 1:49 pm: Greg Miller, the guy who owns the Jazz, shot down the sale idea with this tweet on Monday afternoon.

Speculation of the Jazz being sold is unfortunate & irresponsible. Thanks to unprecedented fan & sponsor support the Jazz is solid as ever.

11:28 am: I will tell you up front I am dubious about this. Actually, dubious is not a strong enough word, I think this is spin and… well, I can’t use the other word in a family blog such as this.

A source suggested to the Deseret News that the Utah Jazz lost $17 million last season and that if the new labor deal isn’t a good enough one for small markets the long-time owners, the Miller family, may try and sell the team.

In fact, one source with intimate knowledge of the Larry H. Miller Group of Companies’ inner workings speculated that small-market-related economic hardships could force Jazz ownership to place a “For Sale” sign on the franchise. The source told the Deseret News that the Jazz were expected to report losses in the $17 million range for the 2010-11 season.

“If I was a betting man,” the source said, “my guess is that the Millers will sell the team within the next five years, unless this CBA changes the formula so that the team can make some money.”

Now, even the reporter (Jody Genessy) sounded like he questioned this and Real Salt Lake owner and former Knicks executive Dave Checketts thought that sounded far-fetched. That said, go read the whole story, it’s a great look into small market team finances.

We want to add, that while the Jazz may have lost money last year, they were tax payers — they were more than $5 million over the luxury tax threshold. They also will be over the salary cap whenever the lockout ends, the Jazz have been spenders.

What’s more, the last offer was already a good deal for small market owners. The league said it lost $300 million last season and the players gave back that much salary in the most recent talks, agreeing to the 50/50 split. Plus, the owners were on the verge of having a new revenue sharing program that would have tripled money that comes to smaller market clubs. That would more than cover the financial losses of the Jazz.

The Miller family is not going to sell the Jazz. Not going to happen. As former Jazz beat writer Ross Siller suggested on twitter, one reason is it would hurt the image of their other businesses too much.

This isn’t all about the money anymore. What held up the last deal with these same small market owners chasing the Holy Grail of competitive balance. Something that is a myth, something no system they put in place can achieve. The Jazz have been successful in a small market for years because they made smart decisions with players and drafted well. The only reason they would not be successful in the future is if they stop doing those things. It’s not the system.

Report: Bulls’ Cristiano Felicio ‘strong favorite’ to replace Anderson Varejao on Brazilian Olympic team

CHICAGO, IL - FEBRUARY 19: Cristiano Felicio #6 of the Chicago Bulls looks to pass against the Toronto Raptors at the United Center on February 19, 2016 in Chicago, Illinois. The Bulls defeated the Raptors 116-106. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using the photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Jonathan Daniel/Getty Images)
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Warriors center Anderson Varejao will miss the Rio Olympics due to a back injury.

Where will Team Brazil turn now?

Likely to Bulls center Cristiano Felicio.

Marc Stein of ESPN:

Felicio came on strong late last season. He puts his 6-foot-10, 275-pound frame to good use protecting the paint and rebounding. He showed potential as passer and mid-range shooter, too.

At age 24, he’s a candidate to break out in the Olympics.

If he’s not ready, Brazil can turn to a steady veteran at center, Nene.

Report: Equipment staffer punched by Blake Griffin no longer works for Clippers

Los Angeles Clippers forward Blake Griffin stands on the court as equipment manager Matias Testi, left, stands behind the bench during the second half of an NBA basketball game, Thursday, Feb. 18, 2016, in Los Angeles. Griffin broke his hand last month when he punched Testi in the face. The Clippers won 105-86. (AP Photo/Mark J. Terrill)
AP Photo/Mark J. Terrill
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Blake Griffin broke his hand punching Clippers equipment manager Matias Testi in January.

Make that former Clippers equipment manager Matias Testi.

TMZ:

The L.A. Clippers equipment staffer who was punched in the face by Blake Griffin during a fight in Toronto earlier this year is off the team — and will NOT be back for the ’16/’17 season … TMZ Sports has learned.

We spoke with a rep for the Clippers who confirmed Matias Testi “no longer works for the team.”

#Family

Writer recants report of Kevin Durant telling Russell Westbrook he’d re-sign with Thunder

OAKLAND, CA - MARCH 03:  Kevin Durant #35 and Russell Westbrook #0 of the Oklahoma City Thunder talk to head coach Billy Donovan during their game against the Golden State Warriors at ORACLE Arena on March 3, 2016 in Oakland, 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 Ezra Shaw/Getty Images)
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The report that Kevin Durant told Russell Westbrook he’d re-sign with the Thunder before choosing the Warriors?

Never mind.

Royce Young of ESPN:

I misspoke in saying that Durant specifically told Westbrook he was coming back.

Warriors/Brazil center Anderson Varejao to miss Olympics with back injury

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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OAKLAND, Calif. (AP) — Center Anderson Varejao will miss the Olympics for host Brazil because of a herniated disc in his lower back.

The Golden State Warriors announced the injury Wednesday and say that Varejao should be ready for the start of training camp but will not be healthy enough to play in the Olympics. Varejao recently experienced back pain while training with the Brazilian National Team and returned to California to be examined by Dr. Robert Watkins earlier this week.

Varejao averaged 2.6 points and 2.3 rebounds in 22 games after signing with the Warriors on Feb. 22. He re-signed with the team earlier this month.