This is why Nets ownership has worked to make a move to Brooklyn — it’s all about the dollars.
The Nets are worth 60 percent more now than they were last season, according to a sports economist. And they may well turn a profit this year, too. That according to the New York Post.
As the Nets gear up for the first season in the soon-to-be-completed Barclays Center, the team is now worth roughly $575 million, according to one sports investment banker. That’s 60 percent more than they were valued just last season by Forbes….
The Nets are projected to generate $140 million in revenue and earn between $10 million and $15 million in profit, a source with direct knowledge said. Last year, the NBA franchise took in half that amount and lost nearly $30 million.
Nets’ owner and Russian billionaire Mikhail Prokhorov’s stake in the team is worth double what it was when he bought it, according to the Post’s math. After sitting through the lockout we all know the owners know how to fudge numbers, but if that is even close to true it is a great investment.
And really, the team is just a slice of the financial pie, the real money is in the Brooklyn Yards development — the residential and retail that will go up around the Barclays Center. Prokhorov and former Nets owner Bruce Ratner are the ones standing to make money off that.
With all those dollars, a max deal for Brook Lopez seems a small price to pay.
It’s good to be the Nets.
Zaza Pachulia steals ball, starts break, blows open layup against Suns (VIDEO)
Russell Westbrook was just himself — hustling, attacking, and getting his fifth triple-double in a row Sunday night against the Pelicans.
But the play of the night didn’t get him any points or an assist. It was Westbrook hustling, getting to the floor to get a loose ball, then making the showtime pass to start a Globetrotters-like fast break that ended with an Andre Roberson dunk.
Westbrook had an impressive dunk of his own.
NBA VP Kiki VanDeWeghe on “unnaturual acts:” “Our rules are for every player”
The NBA has tried to crack down on “unnatural acts” — players flailing body parts trying to draw a foul call.
At the heart of that is Golden State’s Draymond Green, who picked up a flagrant foul for the unnatural act of getting his leg high enough to kickJames Harden in the face Thursday night. Green fired back at the league, saying in part, “It’s funny how you can tell me how I get hit and how my body is supposed to react. I didn’t know the league office was that smart when it came to body movements.” Green’s argument is that he was fouled in the air and the high leg was the natural act of him trying to keep his balance. (Doesn’t matter, it’s a reckless act and if you kick someone in the face you should get a flagrant foul. Also, try explaining the kick on Marquese Chriss on Saturday that way.)
Former All-Star NBA player as well as coach Kiki VanDeWeghe is now an NBA vice president and the guy who is the decision maker on these reviews and fouls. He spoke with Sam Amick of the USA Today about how those unnatural act rules are applied.
“Our rules are for every player,” VanDeWeghe told USA TODAY Sports. “We want each play judged according to the rules, as best possible, and the rules applied fairly across our whole league. That’s very important to us. We don’t make exceptions for players. They are applied to everybody.
“In Draymond’s particular case (against the Houston Rockets on Thursday), he had an arm flail which struck the player (James Harden) in the neck-head area. And then in addition to that, he had a kick up above the head of the defender. As he brought his leg down, his heel hit him in the face. It wouldn’t matter what player we’re talking about (it’s a foul)….
“Most of these are done to draw the attention of the referees. We noticed an uptick in these last year, and they needed to be addressed by the competition committee.”
While Green feels singled out — “marked” is what he tweeted — VanDeWeghe noted that competition committee included owners, coaches, GMs, people from the players union, and a lot of people with playing experience, who all sat down as a group and studied what is and is not an “unnatural act.” As Amick noted, it isn’t just Green who gets hit with these penalties, although he gets the headlines: Boston’s Marcus Smart was given a Flagrant One for his kick to the groin of the Miami’s Hassan Whiteside; Thursday LeBron James was given a technical foul for his blow to the head of the Clippers’ Alan Anderson.
So long as Green continues to make these acts — and the kick to Chriss Saturday suggests they are not slowing down — the crackdown will continue.
Watch Raptors PG Kyle Lowry throw a full-court alley oop to Pascal Siakam
Toronto Raptors point guard Kyle Lowry is having an excellent year for the Eastern Conference Finals hopefuls, and part of that is due to his vision. On Saturday, Lowry threw a full-court lob to Pascal Siakam that was mighty impressive.
After a missed shot in the middle of the third quarter by the Atlanta Hawks, Lowry gathered the rebound on the left block and quickly turned his eyes downcourt.
Siakam, the No. 27 overall pick in the 2016 NBA Draft, was streaking toward the Raptors basket and behind the Hawks defense.
Lowry took advantage with a long-distance heave after one dribble at the free-throw line, and Pascal was able to gather and softly lay the ball up at the rim.