The NBA is serious about expanding into the Chinese market.
That is more than just a couple preseason games — the Heat beat the Clippers in Beijing early Thursday and they meet again this weekend in Shanghai — and having players go over there on shoe company sponsored tours. They have an official NBA office in China and now they are about to have an actual footprint.
The NBA is actually building a sports/entertainment complex, reports the New York Times.
The N.B.A. Center — a basketball extravaganza that will include a gym and an N.B.A.-themed cafe, a restaurant and a store as well as an interactive gaming area and a children’s zone — will be placed at the center of a $1.5 billion, 800-hectare, or 2,000-acre, property development being built by a Chinese company….
Why China? As always just follow the trail of money.
China is already the second-biggest market for the N.B.A., after the United States, and it is a key to the league’s international strategy, with revenue of more than $100 million for the past year, according to analysts.
And with the size of China, the growing middle class in that nation and a growing love of basketball there, this makes a lot of financial sense. The league plans to build more than one eventually, league officials said.
Doing business in China and understanding the market there are not simple, but the league is committed to it, clearly. Because you don’t see them building like this in Europe or Mexico.
Miami felt set at point guard with Goran Dragic starting and the up-and-coming Tyler Johnson as his backup. They decided veteran Beno Udrih wasn’t part of the future and waived him.
Detroit, looking for some help at the one until Reggie Jackson returns, saw a dependable veteran guard on the market. So they snapped him up, reports Shams Charnaria of The Vertical at Yahoo Sports.
At age 34 we are seeing Ulrich’s game start to slip. Still, he has valuable NBA skills as a point guard: he doesn’t turn the ball over, can run an offense, and if you ignore him coming off a pick he will bury the shot.
Jackson is expected to be out at least another six weeks after getting PRP therapy to deal with knee tendonitis (he hopes to be back sooner). That leaves Ish Smith as the starting point guard in the short term; Udrih will help provide solid depth at the position.
The Pistons need to keep their heads above water until Jackson can return.
The first 12 years of the NBA’s salary-cap era went without a lockout. The league again avoided a lockout for a dozen straight years between 1999 to 2011.
Now, with a new Collective Bargaining Agreement coming soon, the NBA is setting itself up for another 12 years of labor peace.
Adrian Wojnarowski of Yahoo Sports:
The NBA and National Basketball Players Association are working on a seven-year extension to the Collective Bargaining Agreement, with a mutual opt-out in six years, league sources told The Vertical.
The seven-year deal could potentially deliver the NBA labor peace through the 2023-24 season, unless the opt-outs are exercised in 2022, league sources told The Vertical.
The new CBA will begin with the 2017-18 season.
Expect an opt out after six years. By then, there’s usually something to renegotiate.
Hope for another quick resolution, like we’re getting now.
And if neither the owners nor players opt out, be pleasantly surprised at an unprecedented 13th straight year without a lockout in this era.
The Rockets entered the day with five point guards with guaranteed salaries: James Harden, Patrick Beverley, Pablo Prigioni, Tyler Ennis and Gary Payton II.
That seemed like too many, but Houston had just 15 players – the regular-season roster limit – with guaranteed salaries. There didn’t seem to be urgency to drop a player with a guaranteed deal.
Yet, the Rockets will drop two.
Houston Rockets General Manager Daryl Morey announced today that the team has waived guard/forward P.J. Hairston, forward Le’Bryan Nash, and guard Gary Payton II.
Shams Charania of Yahoo Sports:
Barring another move, this opens the door for Houston to keep Bobby Brown (whose biggest impact in the preseason was causing an international incident) and Kyle Wiltjer, a stretch big who went undrafted out of Gonzaga.
The Rockets come out behind in their trade for Ennis. They have could have just waived the player they dealt, a lower-paid Michael Beasley, and saved a little money.
Payton, undrafted out of Oregon State, is an intriguing project. But Brown is probably more capable of helping now, a bigger factor for that roster spot with Beverley injured.
The Thunder waived a former No. 21 pick who still had two years left on his rookie-scale contract and a 33-year-old journeyman.
The latter was the surprise.
The Oklahoma City Thunder waived forwards Mitch McGary and Chris Wright along with guard Ronnie Price and center Kaleb Tarczewski, it was announced today by Executive Vice President and General Manager Sam Presti.
At this point, Oklahoma City waiving Mitch McGary was completely expected. Facing 15 games of drug suspension with no proven track record of NBA sustainability, McGary was an easy cut on a team with a roster crunch.
Price signed a fully guaranteed two-year contract worth nearly $5 million this offseason, and teams don’t generally waive players so soon after guaranteeing them multiple seasons (even if guaranteeing them multiple seasons was questionable in the first place). This opens the door not only for Semaj Christon to make the regular-season roster, but to serve as Russell Westbrook‘s primary backup at point guard with Cameron Payne injured.
Christon, the No. 55 pick in the 2014 draft, also signed this summer (with just a $200,000 guarantee). After leaving Xavier, he spent a year on the Thunder’s D-League affiliate then a year overseas. Perhaps, he’s ready for a regular role without the safety net of a veteran like Price behind him, but this sure seems like another case of Oklahoma City overrating its developmental system. See previously: Josh Huestis.