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Details emerge of league’s new revenue sharing plan

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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.

Charles Barkley hung out with King Cake Baby to celebrate his birthday (VIDEO)

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One of the New Orleans Pelicans mascots is a Pelican. His name is Pierre, and after a makeover he’s looking pretty normal these days. But the Pelicans also have a second mascot of sorts. His name is King Cake Baby — named after the Mardi Gras pastry — and he’s horrifying.

So when you have an NBA All-Star Game in town, what do you do? Trot out a giant baby mascot to mix in with the league’s elite, of course.

Or at least have him bother Charles Barkley on his birthday:

Ok it’s actually weirder that Kenny Smith wanted to see what was under King Cake Baby’s bib. I can never unsee that.

Vlade Divac on DeMarcus Cousins trade: “I had a better deal two days ago”

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The DeMarcus Cousins trade to the New Orleans Pelicans just gets weirder and weirder.

Speaking to reporters on Monday, Sacramento Kings GM Vlade Divac said that he had a more appetizing deal on the table for the All-Star center. Why didn’t they take it?

Divac would not say:

Perhaps even more confusing is that Divac said that owner Vivek Ranadive did not have input on the trade process. That seems highly unlikely, given how hands-on Ranadive has been in the past regarding keeping Cousins.

“[Ranadive] didn’t have any idea,” Divac said of the trade. “I just told him what I was going to do.”

Let’s cut right to the chase here: this makes no sense.

First, because ownership in the NBA always has some kind of contact on trades, if only as a heads up. When it comes to franchise players, I’m hard-pressed to believe Ranadive wasn’t involved.

Meanwhile, what explanation could possibly be given for not pulling the trigger on a deal Divac admits was better than the one he got from New Orleans? That would appear to imply outside pressure not to take the better of the two trades, which again would point to Ranadive.

The offer from the Pelicans was one that Ranadive has reportedly been a big fan of, particularly because he feels that Buddy Hield is has the potential to be in the range of Stephen Curry.

That’s a lot to unpack.

Then we have to get to the Kings and their press release, which takes an unsubtle potshot at Cousins with regard to his character:

“It was time for a change and I decided this was the best direction for the organization, said Divac. “Winning begins with culture and character matters. With the upcoming draft class set to be one of the strongest in a decade, this trade will allow us to build the depth needed for a talented and developing roster moving forward.”

Ah, ok. Couple that with Kings play-by-play announcer Grant Napear going nuclear on Cousins moments after he was traded and you’ve got an extremely confusing, bad looking coming out of Northern California.

The Kings are a mess.

Rumor: Kings owner sees Buddy Hield having Stephen Curry potential

World guard Buddy Hield (24) of the New Orleans Pelicans (24) goes to the basket against U.S. guard Devin Booker of the Phoenix Suns during the Rising Stars Challenge, part of the NBA All-Star events in New Orleans, Friday, Feb. 17, 2017. (AP Photo/Gerald Herbert)
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The Sacramento Kings made one of the more disastrous trades we’ve seen in recent years involving a superstar player. They traded DeMarcus Cousins — franchise center who sometimes torpedoes his own team with his temper — for a sharp-shooting rookie, a first round pick that sits outside the top 3, and a player they already traded away and are apparently unlikely to keep long term. Gross.

This is not going over well with Kings fans, but it is said to be sitting well with Sacramento owner Vivek Ranadive.

Via Twitter:

Ah, what?

Hield was an excellent scorer in college, and has the kind of range that makes him a prime candidate for the type of offenses being developed in the modern NBA. But that’s where the reasonable comparisons end for him and Curry. Come on.

For one, Hield is a true shooting guard. No part of his game is crafted to be the primary ball handler at an NBA level. He’s not the passer Stephen Curry is, nor was he even as good at that as Klay Thompson was in college.

It’s OK that the Kings like Hield in a vacuum. Within context it appears they’ve sold themselves on something patently ridiculous. We’ve never seen a player in Curry’s mold before. Hoping an incomparable player somehow matches up with his talent and skill set — and trading away Cousins because of it — is wild.

Sacramento is going to be bad. Call a Kings fan today, tell them you love them. They need you now more than ever.

Stephen Curry tries to pass off backboard to himself (VIDEO)

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NEW ORLEANS — LeBron James can do it.

Stephen Curry? Not so much.

The Golden State Warriors PG tried to pull the Trady McGrady in Sunday’s All-Star Game but found himself coming up just a little short.