Olympics - Opening Day

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

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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.

Gasol, Douglas lead Grizzlies past Trail Blazers, 88-86

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AP
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MEMPHIS, Tenn. (AP) Marc Gasol scored 36 points and Toney Douglas made two free throws with less than a second left to give the Memphis Grizzlies an 88-86 comeback victory over the Portland Trail Blazers on Thursday night.

Douglas finished with 11 points, scoring the game’s final six points to seal Memphis’ fifth straight victory.

Gasol was 13 of 24 from the field, including 4 of 6 from outside the arc. But Douglas, signed by Memphis this week because of injuries, took over down the stretch. The guard scored on a 19-footer with 34 seconds left, then converted two pairs of free throws in the last 20 seconds.

CJ McCollum led the Trail Blazers with 24 points, and Damian Lillard had 19 on 6-of-18 shooting. Evan Turner had 15 points and 10 rebounds.

Portland held a 79-68 lead after Al-Farouq Aminu scored inside with 5:28 left. But Memphis clicked off a 14-2 rally and it settled into a one-possession contest.

Tony Allen had 15 points and 10 rebounds for Memphis.

Shooting issues that plagued both teams in the first half, spread past intermission as each started 4 of 14 from the field. That helped Portland maintain its lead after carrying a 50-43 advantage into halftime.

Despite converting only 5 of 20 shots in the third, Portland actually extended its lead, entering the fourth with a 69-61 advantage.

The Portland lead would reach 13 again in the fourth and was still at 11 when Memphis started its rally behind Gasol, who had nine straight points for the Grizzlies.

Portland had a previous 13-point lead in the second quarter as every Grizzly but Gasol was suffering shooting woes.

Gasol managed 19 points in the half, while Portland got 15 points each from McCollum and Lillard.

TIP-INS

Blazers: F Evan Turner started his first game of the season due to an injury to Maurice Harkless. …McCollum entered the game averaging 24 points. … G Allen Crabbe finished with seven points after scoring at least 14 in four straight games. …C Mason Plumlee had four points, ending his streak of seven straight games in double figures.

Grizzlies: Memphis coach David Fizdale finally said enough about calls and no-calls late in the first half to earn a technical courtesy of official J. T. Orr. Lillard missed the free throw to open the third. …Gasol also got a tech in the third quarter for arguing a call. … F JaMychal Green had a career-high 18 rebounds. His previous best was 17 this week in a win at New Orleans.

EXTENSIONS

Earlier Thursday, the Grizzlies announced that they have agreed to multi-year extensions with general manager Chris Wallace, John Hollinger, executive vice president of basketball operations, and Ed Stefanski, vice president of player personnel. Terms were not disclosed.

HARKLESS HURT

Portland forward Maurice Harkless did not play because of a left ankle sprain suffered in the latter stages of the Portland’s 115-107 loss at Milwaukee on Wednesday night. “I remember him wincing. He was on the free throw line,” Blazers coach Terry Stotts said. “It was late in the game, like the last 2 minutes.”

NOTHING FREE

Both teams struggled from the free throw line. Portland made 29 of 40 in the game while Memphis was 20 of 30.

UP NEXT

Trail Blazers: Portland hits the middle game of a five-game trip, landing in Indiana on Saturday to face the Pacers.

Grizzlies: Memphis continues its homestand Saturday against the Gold State Warriors.

Stephen Curry gets fouled, hits crazy rainbow circus shot vs. Jazz (VIDEO)

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Golden State Warriors guard Stephen Curry is a wizard when it comes to shots you don’t think can ever reach the iron. Each time he does something like this, he surprises you even though you should be used to it by now.

But I’m not. The Utah Jazz aren’t. Heck, maybe even Steph isn’t used to it by now.

As Curry was driving down the left side of the floor on Thursday, Shelvin Mack got out of position and wound up trailing the Warriors star. With Curry rounding the pick, Mack reached and earned a foul.

Thinking quickly, Curry then hoisted up a rainbow of a shot that gently kissed the net on the way down.

Curry would go on to make the free throw for the 3-point play.

Watch Karl-Anthony Towns blow by two defenders, posterize Jonas Valanciunas

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We’re 21 games into Minnesota Timberwolves C Karl-Anthony Towns‘ sophomore season and it already seems cliche to say that he has guard skills

But, like, he does have guard skills.

There was more evidence of that on Thursday night as the Timberwolves matched up with the Toronto Raptors in Canada.

With the ball near the top of the arc and with the Raptors defense collapsing on the Minnesota guards, Towns saw an opportunity to split the defense and run to the rim with the ball.

Toronto C Jonas Valanciunas slid over to meet Towns at the rim, but there wasn’t much anyone could do.

https://streamable.com/sixp

Spurs’ Pau Gasol goofs, heads toward Bulls locker room in return to Chicago (VIDEO)

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Pau Gasol spent two seasons at the United Center with the Chicago Bulls, so it made sense that when he returned as a member of the San Antonio Spurs on Thursday, he would know his way around. In fact, Gasol knows the bowels of Chicago’s home arena so well that he wound up walking toward the wrong locker room as a force of habit.

During the NBA on TNT’s coverage of the game, reporter Allie LaForce showed cameras following Gasol after he said hello to some folks in the tunnel.

Unfortunately, Gasol walked about 15 feet before realizing he was heading to the wrong side.

Maybe it was something of an indicator for the night, as the first few quarters of play between the Spurs and the Bulls were extremely sloppy.