Olympics - Opening Day

The real question: How much tax is Oklahoma City willing to pay?

9 Comments

Clay Bennett and the Oklahoma City ownership has said before they are willing to pay some luxury tax to keep the core of their team together.

Next year that will be put to the test.

They have Kevin Durant and Russell Westbrook on max deals, and they just signed Serge Ibaka to a four-year, $48 million deal. Next up is James Harden. Next summer he will become a restricted free agent and unless the Thunder can convince him to take less he is going to get a max offer on the open market from someone. A number of teams will have the cap space (probably about 10, depends on moves between now and then) to make a max offer and Harden — Sixth Man of the Year, gold medalist, marketable — will get one.

The Thunder can match. But if they do they are paying the tax, and how much is the team in the NBA’s smallest market willing to pay? Zach Lowe breaks down the numbers at Sports Illustrated’s The Point Forward blog.

If Harden gets that max deal from Oklahoma City, the Thunder will be paying the tax for at least the 2013-14 and 2014-15 seasons. Assuming a max deal for Harden and that Oklahoma City gets the No. 30 pick in each of the next two drafts, the Thunder would be set to have about $75.5 million committed to 10 players in 2013-14 and $77 million committed to the same number of players in 2014-15. Fill out the rest of the roster on the cheap — forget the mid-level exception — and Oklahoma City will be looking at $80 million payrolls in those seasons….

The tax line is at $70.4 million now, and it will go up as league revenues rise. But most projections have the tax line somewhere around $75 million in the 2015-16, and very solid growth (about 3 percent) would have it jump only to $72.5 million in 2013-14 and $74.6 million in the following season. Note again: These are estimates.

Under the harsh new tax rates that kick in for the 2013-14 — just in time! — the Thunder would be paying a tax bill ranging from $7.5 million to $12.5 million or so, depending on the exact tax level and how much the team’s ownership is willing to spend on the back of the roster. Is Oklahoma City, the league’s second-smallest market, willing to spend something like $85 million or even $90 million to fill a team?

I bet the answer is yes. They can save money by doing things like using their amnesty on Kendrick Perkins. More importantly, so long as the Thunder are winning they will be able to sell the luxury boxes and sponsorships at a premium, and the regular seats sell out every game to a very loyal fan base. I think the losses (if any, how NBA owners keep the books is murky) would be minimal.

The Thunder can’t afford to go Los Angeles Lakers with their payroll — Los Angeles with taxes and revenue sharing could be paying $230 million in a couple years to field a team at their current payroll levels — but they can afford some tax. They can afford to chase the ring.

The Thunder will be what the Heat and Lakers are, what future contenders will look like — a handful of highly-paid stars surrounded by the best they can get on inexpensive contracts. It is the wave of the future.

Watch Kyle Lowry’s tip-pass alley-oop to Jimmy Butler in USA win

1 Comment

There were a lot of ugly things for Team USA in its exhibition win over Venezuela — the 4-of-25 shooting from three comes to mind. There was more, it was not a strong offensive performance from Team USA.

But like usual, we can overwhelm teams with athleticism, and that means wins and highlights. Like Kyle Lowry‘s tip-pass alley-oop to Jimmy Butler.

Or DeMar DeRozan‘s late-game windmill dunk.

Kyrie Irving helps USA to ugly 80-45 win over Venezuela

OAKLAND, CA - JULY 26:  Kyrie Irving #10 of the United States Men's National Team looks to make a move with the ball against the China Men's National Team during the first half of a USA Basketball showcase exhibition game at ORACLE Arena on July 26, 2016 in Oakland, California.  (Photo by Thearon W. Henderson/Getty Images)
Getty Images
1 Comment

CHICAGO (AP) — Kyrie Irving scored 13 points, DeMarcus Cousins powered a dominant performance in the paint, and the United States pulled away from Venezuela for an ugly 80-45 exhibition victory Friday night.

Coming off three straight flashy victories in Las Vegas and California, the United States shot 42.4 percent from the field and committed 13 turnovers in by far its worst offensive performance of its five-city tour in preparation for next week’s Rio de Janeiro Olympics. But the Americans used their superior athleticism to limit Venezuela to 24 percent shooting and owned the interior with a 54-29 rebounding advantage.

Returning to Chicago for the first time with the U.S. national team, Bulls star Jimmy Butler was cheered every time he was announced at the United Center. He had four points and eight rebounds in 21 minutes in his first start with Team USA.

Butler had one of the few electric plays for the U.S. when he ran out on the break and dunked Kyle Lowry‘s tip pass in the fourth quarter. DeAndre Jordan also had a vicious dunk off a lob from Kevin Durant, and DeMar DeRozan drew chants of “USA! USA!” with a windmill jam in the final minutes.

Klay Thompson also scored 13 points, and Cousins finished with seven points and 12 rebounds. Durant had nine points of 3-of-9 shooting.

John Cox scored 14 points for Venezuela, which will play the U.S. again on Aug. 8 in the Olympics.

Irving and company were greeted with a round of hearty cheers when they came out for pregame warmups. Fans lined the side of the court where the Americans had their layup line, and Anthony and Durant posed for pictures with a couple of eager boys.

Before Butler’s introduction drew the most applause of the night, former Chicago coach Tom Thibodeau received a thunderous ovation when he was announced with the U.S. coaching staff. Thibodeau took a year off after he was fired by the Bulls in May 2015, and then was hired as Minnesota’s coach and president of basketball operations in April.

The star power also extended to the sideline near the U.S. bench, where former Olympians Scottie Pippen and Dwyane Wade watched the action attentively. Wade was joined by his wife, actress Gabriel Union, hours after he held his introductory press conference for his new contract with his hometown Bulls.

Pippen played on the 1992 Dream Team that rolled to gold in Barcelona, and also helped the U.S. win gold in 1996. Wade was on the Americans’ gold medal-winning teams at each of the last two Olympics.

Jay Cohen can be reached at http://www.twitter.com/jcohenap

Monty Williams is back coaching with Team USA, ready to get back on NBA sidelines

LAS VEGAS, NV - JULY 18:  Draymond Green #14 of the 2016 USA Basketball Men's National Team drives against assistant coach Monty Williams of the 2016 USA Basketball Men's National Team during a practice session at the Mendenhall Center on July 18, 2016 in Las Vegas, Nevada.  (Photo by Ethan Miller/Getty Images)
Getty Images
1 Comment

Watching Monty Williams back on the court at the USA basketball camp/practices in Las Vegas, you could see he was at home. He’s easily the best 44-year-old defender on the planet — he went toe-to-toe with Kevin Durant, Jimmy Butler, and the rest, was physical, and made them work for buckets. Then he’d instruct. He’s just a natural.

Back in February, Williams’ wife was killed in an auto accident. It devastated the devout family man, in ways it’s hard for us to understand who have never experienced it. He walked away from coaching the rest of the NBA season with the Thunder, and nobody questioned it for a second.

Now, after getting his feet wet with Team USA (where he is an assistant to Mike Krzyzewski), he told Darnell Mayberry of the Oklahoman he is ready to get back on the sidelines.

“I wouldn’t even think that if I didn’t know, one, my wife would want me to; my kids talk about it all the time. And there have been some things that have happened in my life lately that have allowed me to get that back. I’m so juiced up and ready to get back into it again.”

He is one of the better respected assistant coaches in the league, and a guy who will get another shot at a top spot someday. Soon. Can’t wait to see him back on the sidelines.

Ben Simmons says he plans to work on shooting, handles, getting stronger before camp

Philadelphia 76ers' Ben Simmons cheers from the bunch during the first half of the team's NBA summer league basketball game against the Brooklyn Nets, Thursday, July 14, 2016, in Las Vegas. (AP Photo/John Locher)
Associated Press
9 Comments

The leap from college — even high-level college programs — to the NBA can be hard to describe. Now everybody is bigger, longer, and far more athletic — the guy at the end of the bench barely getting any burn was one of the best players on his college team.

Players get their first taste of that at Summer League. The Sixers’ No. 1 pick Ben Simmons looked pretty good when he got that taste, but you can see the development that needs to go on as well.

He’s spending the time between now and the start of training camp working on his shooting and getting stronger, among other things, he told Jessica Camerato of CSNPhilly.com.

“I think just getting in the gym and making sure I’m getting reps up, shooting-wise, dribbling,” Simmons said earlier this week after an appearance at Sixers Camp in Wayne, Pennsylvania. “The weight room as well, making sure I get my strength back and my weight up.”

All good things. Handles and shooting in particular — he’s about to start seeing much better defenders nightly. It’s going to take time, and we’ll see how far he can go, but Simmons unquestionably brings a lot of skill and potential to the table. That he’s putting in the work is a good sign — that was one of the concerns about him heading into the draft.

New GM Bryan Colangelo is going to benefit from Sam Hinkie’s process. So long as he doesn’t screw it up.