AP Money Found

Details emerge of league’s new revenue sharing plan


Revenue sharing was a big part of this summer’s Collective Bargaining Agreement talks, but the most secretive part. The owners wanted it to be something separate from the CBA itself, the players wanted it included, but what was going to be included was vague.

Even when the deal was finalized and the lockout lifted, the details of revenue sharing were not finalized and unclear. But now they are starting to come into focus. In part due to a story in the Sports Business Daily on Tuesday (hat tip to IamaGM).

Looks like the NBA is going with a “pool” system for revenue sharing, something that is dramatically different in both style and amount than it was in the last labor deal.

Sources said that the core of the plan calls for all teams to contribute an annually fixed percentage, roughly 50 percent, of their total annual revenue, minus certain expenses such as arena operating costs, into a revenue sharing pool.

Each team then receives an allocation equal to the league’s average team payroll for that season from the revenue pool. If a team’s contribution to the pool is less than the league’s average team payroll, then that team is a revenue recipient. Teams that contribute an amount that exceeds the average team salary fund the revenue given to receiving teams.

So, what does that really mean? Well, if you’re a small market team it means a lot of money.

For example, one high-revenue team could contribute 50 percent of its total revenue, minus certain expenses, for a total of $70 million put into the pool. A low-revenue team could contribute total revenue of $45 million. After allocating to both teams the average team payroll of $58 million, the low-revenue team would receive $13 million in revenue sharing to make up the difference between its pooled revenue from the league’s average payroll. The high-revenue team would be contributing $12 million to be distributed among receiving teams, adding financial balance between the markets.

Remember we are talking about the local revenue — money from ticket sales, concessions, parking and local television deals — not the national television deal revenue which is already split evenly between the teams.

There are caps on the percentage of revenue so that the big market teams — Lakers, Knicks, Celtics — get to keep a good percentage of their money. Jeanie Buss of the big-revenue Lakers toes the company line in the SBJ article. Of course, they have so much money coming in starting next year from their new local television deal this isn’t fazing them. At all.

Nick Young wears Gilbert Arenas’ old shoes during game (PHOTO)

Nick Young, Devin Harris
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In a disastrous Lakers season, one thing can be counted on (besides Byron Scott saying absurd things about Kobe Bryant): Nick Young will always be able to lighten the mood. He brought some levity to the Lakers’ blowout loss to the Warriors on Tuesday night with a blast from the past: a pair of gold shoes formerly worn by his ex-Wizards teammate Gilbert Arenas.

These shoes, like Swaggy, and like Gilbert before the injuries and the guns, are awesome and should be celebrated.

Blake Griffin hits acrobatic three-pointer to beat the shot clock (VIDEO)

Blake Griffin
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During the third quarter of the Clippers’ Tuesday night win over the Nuggets, Blake Griffin had some SportsCenter-worthy acrobatics that had nothing to do with dunking. He caught a ball in the air behind the three-point line as the shot clock expired and sank this buzzer-beater:

It was just his third made three of the season.

Report: Hornets sign head coach Steve Clifford to three-year extension

Steve Clifford
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With the Hornets fighting for one of the last playoff spots in the Eastern Conference, head coach Steve Clifford’s future with the team has been a mystery hanging over their heads. Clifford, in his third year with the team, was set to become a free agent after this season. Not anymore. Rick Bonnell of the Charlotte Observer reports that the Hornets have signed Clifford to a contract extension that will keep him in town through the 2018-19 season:

The Charlotte Hornets and coach Steve Clifford have come to an agreement on a multi-year extension, the Observer has learned.

The deal includes a three-year guarantee that would keep Clifford in his current role through the 2018-19 season.

In Clifford’s first year with the Hornets (then the Bobcats) in 2013-14, they made the playoffs for just the second time in franchise history. This season, they’re off to an 8-6 start despite losing Michael Kidd-Gilchrist to a season-ending shoulder injury during the preseason.
With several teams potentially having openings this summer, it was smart of the Hornets to keep Clifford off the market.

Griffin, Jordan each score 18, Clippers beat Nuggets 111-94

Blake Griffin
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DENVER (AP) Blake Griffin and DeAndre Jordan each scored 18 points and the Los Angeles Clippers beat the Denver Nuggets 111-94 on Tuesday night to snap a three-game losing streak.

Jordan finished with 11 rebounds and four blocks, while Griffin had 10 rebounds. Chris Paul had 15 points and 10 assists to give the Clippers (7-7) three players with double-doubles.

The Clippers, who hadn’t been under .500 this far into a season under Doc Rivers, made eight 3-pointers after coming into the game at 31.3 percent.

The Clippers hit their first four shots from deep, missed their next seven but found the stroke again when Jamal Crawford hit a halfcourt shot to give them an 83-72 lead at the end of the third.

Danilo Gallinari led Denver with 20 points and had a career-high 18 rebounds.

Crawford scored the Clippers’ first seven points of the fourth quarter to push the lead to 90-76. He finished with 15 points.

Denver started fouling Jordan, and the center was just 7 of 16 from the line in the fourth, but Denver couldn’t hit enough shots to close the gap.

His dunk on a lob from Paul gave the Clippers a 110-93 lead.

Griffin was struggling from the field until he hit a 3-pointer to beat the shot clock midway through the third. He hit two more shots and fed Jordan for a dunk to give the Clippers a 73-62 lead.

Rookie Nikola Jokic had 16 points and Gary Harris scored 14 for the Nuggets, who have lost four straight and fell to 3-5 at home.


Clippers: J.J. Redick had 16 points. … Griffin reached double digits in rebounds for the first time in seven games. He averaged 6.5 boards in his previous six games. … The Clippers were outrebounded for the 12th time in 14 games. They are 5-7 when that happens.

Nuggets: All of Gallinari’s rebounds came on the defensive end. … F Kenneth Faried missed his second straight game with a sprained left ankle. With C Joffrey Lauvergne (low back strain) also out, the Nuggets were down to 11 players. … Mike Miller made a rare first-half appearance and gave the Nuggets a jolt with two 3-pointers in seven minutes off the bench. He finished with nine points.


Clippers: Host Utah on Wednesday night.

Nuggets: Host San Antonio on Friday night.