Paul Allen denies report he is listening to offers to sell Blazers

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UPDATE 4:53 pm: As we expected, Paul Allen has quickly denied the report. From his twitter account.

It is absolutely false that I have entertained offers for @pdxtrailblazers. Unnamed sources are wrong as usual. Why don’t reporters check?

Because whether or not you are actually selling the team, you would say you are not.

Any source who leaks something has a a point of view if not an outright agenda, and maybe the source of the CSNNW.com reporter has an interest in seeing this sale move forward. Maybe more of an interest than Allen. We don’t know for sure.

The fact is this another situation (often like trades) where the first discussions are handled through back channels, allowing Allen to say he has not entertained any offers while people that work for him have some level of conversation. It may never get farther than that. But I’m willing to bet there were some discussions on some level.

2:01 pm: Often the model for selling an NBA team is to bring its payroll costs way down, load it up with picks and young talent, which make it more appealing to a potential buyer. Not totally unlike what the Trail Blazers did at the trade deadline.

Now comes this report from Dwight Jaynes at CSNNW.com that Trail Blazers owner Paul Allen is considering selling the team. (Hat tip to Blazers Edge.)

Portland Trail Blazer owner Paul Allen is once again entertaining offers to sell the team, according to sources with knowledge of the situation.

At least two groups have apparently approached Allen, who briefly put the team on the market in the spring of 2006 before apparently changing his mind and withdrawing it.

You can bet the denial is coming in 5…4…3…2…

Allen (one of Microsoft’s co-founders) has said as recently as just before the start of this season that he has no plans to sell the team, and in this same piece team president Larry Miller says he knows of no such talks.

However while Allen was playing the role of hardliner during the lockout there was a lot of buzz that he wanted a deal that would increase the franchise value for when he would sell the team not long after. The report adds this:

 One of those interested groups is said to be based in Los Angeles and the other is said to be a local group. One of the prospective purchasing groups is far enough along in discussions that it has scheduled a trip to the Rose Quarter to look at the team’s books and assess the arena. It has been emphasized that neither group has any interest in moving the team out of Portland.

Even if this report is true it is far from a sure thing — remember 2006. That said, Allen will likely at least get some calls and a sense of what the market value of the team is right now.

Lamar Odom opens up about cocaine addiction

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Lamar Odom has discussed his cocaine addiction before – how it derailed his NBA career, marriage to Kim Kardashian, his life. Never detailed like this, though.

Odom in The Players’ Tribune:

With cocaine especially, there’s a high, and then an emotional low. So it’s like a roller coaster. You go high, and then you go low. High, low, high, low. After you do it, you feel shame. You think about all the reasons why you shouldn’t have done it. Then the cycle starts again.

That’s the thing people don’t understand. Anybody who’s lived a complicated, drug-infused life like I’ve lived knows the cycle — with women, cheating on my wife, shit like that. Nights when I should have been asleep. Nights when I stayed up sniffing coke. Lot of those nights. When your heart is beating fast. When you should know better. When you’re just riding that roller coaster, man.

You think I wasn’t feeling shame? You think I was blind to what I was doing?

Nah, I wasn’t blind to it. Shame … pain. It’s part of the whole cycle. My brain was broken. As the years went on, and I got into my 30s, my career was winding down, and things just got out of control.

When I was like 32, 33 … I just wanted to get high all the time. That’s it, just get high. And things got dark as hell.

One of the darkest places I’ve ever been was when I was in a motel room, getting high with this chick, and my wife (at the time) walked in. That probably was like rock bottom.

I recommend reading all of Odom’s powerful essay, in which he explains the personal struggles that contributed to his drug use.

Report: Kyrie Irving not speaking with Cavaliers

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Former Cavaliers general manager David Griffin smoothed over Kyrie Irving‘s discontentment for years.

As new general manager Koby Altman tries to project stability, it seems there’s plenty of disarray behind the scenes in the wake of Irving’s trade request.

Jason Lloyd of The Athletic, via Chris Fillar of 92.3 The Fan:

Whatever are or aren’t the problems between Irving and LeBron James, this makes it far less likely they’ll reconcile. It already seemed LeBron wouldn’t be proactive in mending the relationship, and this saga has only generated more distrust.

Irving appears increasingly likely to get his wish, with Cleveland moving toward trading him. He’s just upping the odds by furthering the divide.

DeMar DeRozan: Talk of Raptors’ changes overblown

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Raptors president Masai Ujiri called for a “culture reset,” alluding to an offense less reliant on Kyle Lowry and DeMar DeRozan isolations.

DeMarre Carroll, traded from Toronto to the Nets, doubts the Raptors will change much.

Know who agrees with him? DeRozan.

DeRozan, via Mike Ganter of the Toronto Sun:

“I think the media kind of blow it out of proportion like it’s going to be something dramatic, like a complete dramatic 180-degree change,” DeRozan said, who was back in Toronto helping out with the Raptors’ Basketball Academy at Humber College on Monday. “It’s not that at all. It’s just moreso locking in and understanding what it takes to win from every single position. Everyone just know from our failures, guys stepping up and being better leaders, not just me and Kyle but everybody. I think once we lock in and everyone holds themselves accountable, everything else will come around perfect. That’s all it is.”

DeRozan didn’t disagree when it was suggested more ball movement might be demanded this season, but he did say the anticipated level of change by many outside the team is completely out of whack with the reality. The offence is still going to run through himself and Kyle Lowry.

This is shaping up to be a problem. Ujiri made this grand proclamation then brought back the same core – Lowry, DeRozan and coach Dwane Casey. This was the danger, that they were too comfortable with the status quo.

We’ll see how it actually plays out. DeRozan has a strong track record of improvement, and the Raptors might be forcing him to see the game differently by playing him at point guard.

But there at least appears to be a disconnect somewhere between the front office and players.

Rumor: Cavaliers trying to dump salary in Kyrie Irving trade

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The Cavaliers are reportedly prioritizing youth in a Kyrie Irving trade.

Steve Kyler of Basketball Insiders:

Another stated goal is to dump off some salary and reduce the luxury tax bill.

The Cavs – who reportedly lost more than $40 million last season – are on track to become the first team in NBA history to pay the luxury-tax repeater rate. They’ve led the league in payroll, racking up big luxury-tax bills, the last two seasons. They even pulled the rare feat of carving out max cap space (used on LeBron James) then getting about the luxury-tax line in the same season three years ago, finishing second to the Nets in spending that season.

Cleveland now faces a luxury-tax bill north of $78 million – which would eclipse its 2015-16 mark ($54 million) as the second highest tax payment ever, trailing just 2013-14 Brooklyn (nearly $91 million).

Most teams would never spend as much as the Cavaliers have the previous three seasons. Most teams would never approach Cleveland’s costs this year, which include $142 million in player salaries.

But most teams don’t have LeBron.

Remember, the Heat cutting corners on spending contributed to LeBron leaving Miami. And Cavs owner Dan Gilbert reportedly promised to spend unconditionally when LeBron returned to Cleveland in 2014.

Is cutting costs the message the Cavaliers want to send as LeBron enters a contract year?

If so, they have a few candidates for shedding:

  • Tristan Thompson – three years, $52,408,695 remaining
  • J.R. Smith – three years, $44,160,000 remaining (just $3.87 million of $15.68 million guaranteed final year)
  • Iman Shumpert – two years, $21,348,313 remaining
  • Channing Frye – one year, $7,420,912 remaining

All those players, roughly in order of salary, contribute to winning.

The Cavs should have little trouble unloading those contracts in an Irving trade. He’s so valuable, teams will incur a lopsided financial deal to get him. They’ll just send Cleveland less talent to compensate.

It’s the classic dilemma – money vs. on-court success. Teams evaluate this tradeoff every day.

For the Cavaliers, there’s just the additional pressure of LeBron’s looming free agency.