Rockets, Hornets stunned by Lakers dropping out of CP3 race

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After weeks of work that had a trade to send Chris Paul to the Lakers — a deal that was consummated once only to have David Stern crush it — the Lakers unexpectedly walked away from the deal Saturday.

Why? We’ll take a stab at that in a second.

But first, the Lakers move left the Rockets and Hornets shocked and with their plans for the future blown up, reports Ken Berger at CBSSports.com.

The Rockets, who were supposed to get Gasol in the various versions of the ill-fated, three-team Paul trade, were said to be disconsolate over the breakdown in the talks. League sources said Houston’s plan had been to acquire Gasol and follow it up by acquiring free-agent big man Nene with a four-year, $60-$64 million offer.

As disappointed as the Rockets and Lakers were, the Hornets’ coaching staff and front office were said to be in “collective shock,” according to a person in touch with key members of the team. The breakdown of the Paul trade sent the Hornets scrambling for another suitor for the All-Star point guard, who has made it clear he wants to be traded or will leave New Orleans as an unrestricted free agent after the season.

For the Rockets, it’s unclear if that bid would have been enough to land Nene, who reportedly has a $70 million offer from the Nets (although some sources dispute that figure). The Rockets would have been in the bidding and would have had an imposing front like of Gasol and Nene. But now, they have Luis Scola and Kevin Martin still.

For the Hornets, there are still suitors for CP3 but will they get a package as good as Odom, Scola and Martin (plus Goran Dragic and a pick)? The league said David Stern wanted younger players to rebuild, but those quality players could have been flipped for good young players in secondary trades. Just getting good young players is hard, teams don’t like to give them up. Besides, Chris Paul would re-sign with the Lakers so they would make that trade, but that may not be the case with the Clippers, Warriors or Celtics.

As for the Lakers and why they backed out? Here’s my guess.

Jim Buss, the guy running the team now and son of long time owner Jerry Buss, wants to make a splash and put his stamp on the franchise. That’s why the sharp move away from the triangle offense to Mike Brown in the coaching search. That’s why long-time staff perceived to be “Jackson people” were removed from the organization last summer.

Buss wanted Paul and Dwight Howard. He was greedy. And despite what Lakers fans (and L.A. sports talk radio hosts) think, that was never going to happen. If the original Chris Paul trade went through, the Lakers would not have had the pieces to get Howard in a trade. The price for Howard has always been to take on Hedo Turkoglu’s disastrous contract (without D-12 the Magic go into rebuilding mode and Turkoblu is an anchor on that). The Lakers would have had Chris Paul and could have offered Andrew Bynum, but they had no way to take back Turkoglu, too. They would have already surrendered Odom and Gasol.

With Howard pushing his way out in Orlando now, Buss got a picture of the true price of Howard, realized he needed Gasol to get him, and it came down to choosing Howard or Paul. He couldn’t have the dream of both. And the choice there is always Howard — great bigs are harder to come by. Howard is your bridge to the post-Kobe Bryant era.

So he pulled out. And left the Rockets and Hornets in limbo.

Report: Cavaliers signing Kendrick Perkins

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Kendrick Perkins spent fewer than four months with the Cavaliers, including the 2015 playoffs. But nearly a year later after Cleveland let Perkins walk in free agency, LeBron James was still bemoaning Perkins’ absence.

Are the Cavs righting a wrong?

Joe Vardon of Cleveland.com:

Kendrick Perkins joined the Cavaliers at LeBron James’ minicamp in Santa Barbara, Calif., and will come to training camp next week, sources told cleveland.com.

The Cavs now have 18 players with standard contracts, and 15 – the regular-season limit – have guaranteed salaries. I doubt Cleveland wants to waive the two without guaranteed salaries, Kay Felder and Edy Tavares, either.

In other words, Perkins is a longshot to stick into the regular season.

Perkins was washed up when with the Cavaliers two years ago. The 32-year-old who sat out last season hasn’t produced on the court in several years. He’s tough and well-liked in the locker room, which might give him a chance of sneaking onto the regular-season roster.

But the Cavs should focus on developing toughness and chemistry among their rotation players. Perkins is just a crutch, most likely one who’ll be yanked away by cut-down day a few weeks from now.

Report: Lakers sell jersey ad for $36M-$42M over three years

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The Lakers are a financial behemoth, though that’s tied to a local-TV deal signed when they were still good.

How do current conditions value their brand?

John Lombardo and Terry Lefton of SportsBusiness Daily

The Lakers have signed a jersey patch deal with S.F.-based e-commerce company Wish. The three-year agreement, according to a source, is between $12-14M annually

That’s the second-richest known jersey-ad deal – behind only the Warriors ($20 million annually) and ahead of the Cavaliers ($10 million annually).

It clearly pays to be Los Angeles, though don’t discount the role of the Lakers’ fantastic history and intriguing future.

Rumor: Carmelo Anthony to accept trade to Trail Blazers if Knicks and Rockets don’t strike deal

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Carmelo Anthony trade talks between the Knicks and Rockets appear to be going nowhere.

Yet, Anthony’s camp is reportedly cautiously optimistic he’ll get dealt by Monday.

This might explain why.

Jason McIntyre of Fox Sports:

Damian Lillard and C.J. McCollum have recruited Anthony to Portland. The Trail Blazers have plenty of expendable players who could be aggregated to matching Anthony’s salary – Evan Turner, Maurice Harkless, Meyers Leonard, Al-Farouq Aminu and Ed Davis – plus lower-paid players to give New York value. This certainly looks plausible.

It’d make sense for Anthony to hold out as long as possible for Houston, his ideal destination. He can use his no-trade clause to force the Knicks to deal with only the Rockets.

But what if that fails?

I’m skeptical New York, Portland and Anthony all agree to a deal. There are just too many sides to please.

The Knicks will need more than just bad contracts to move Anthony, and the Trail Blazers don’t need more scoring enough to relinquish significant assets. Anthony would also have to approve, and as miserable as the Knicks have been, the New York market still matters.

Again, this is plausible, but I’m doubtful. Either way, we should know soon with training camp around the corner.

LeBron James reportedly “invested” in helping Derrick Rose get next big contract

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Reality smacked Derrick Rose across the face last summer.

Last season, the former MVP made $21.3 million in the final year of a five-year rookie contract extension, and while injuries had slowed his game he was playing better. Combine that with seeing the drunken sailor spending spree the previous summer, and he was hoping for — if not a max contract — still a healthy eight digit one. Instead, he signed a one-year deal at the veteran minimum, $2.1 million, to play for the Cavaliers.

LeBron James wants to see his man Rose get paid again, Dave McMenamin of ESPN said on The Jump.

“I’ve heard that for the first couple of days, Derrick Rose has been ‘killing it.’ I’ve also heard that LeBron is invested in Derrick Rose’s career so that he can get that next contract.”

The first part of that, the “killing it” part, you can just throw out. Maybe Rose looks great at the mini-camp LeBron is hosting for the Cavs in Santa Barbara, I hope he is, but preseason everybody is “killing it” or “has lost/gained 15 pounds and is in the best shape of his life” or “has worked hard and now has an impressive jump shot.” Rose probably does look great in Cavaliers camp against Jose Calderon, let’s see how he looks once he has to go up against real NBA players.

Rose’s next contract will be interesting. Maybe LeBron can set him up to look better this season, but it’s going to be on Rose mostly. Once healthy (whenever that is), Isaiah Thomas will be the starting point guard in Cleveland, plus as always LeBron James will have the ball in his hands a lot. (Which he should, he’s the best player on the planet.) But that means Rose needs to learn to work off the ball with LeBron more, and when LeBron (and eventually Thomas) sit, Rose needs to take over and show he can get a team buckets for a 5-7 minute stretch. Do that and he has a role that will get him some money. I’m not sold Rose can do much more than that at this point in his career.

How much money Rose will get is another issue. It’s going to be a tight market next year where only a few teams have much money to spend, and Russell Westbrook, Chris Paul, Tony Parker, Cory Joseph, and maybe Rajon Rondo (depending on how he does in New Orleans) will be higher on team’s boards than Rose.

But if LeBron is “invested” that could help Rose make a little more green next season.