Robert Pera, you got yourself an NBA team. At age 34. Thanks for making the rest of us feel like slackers.
At its Board of Governor’s meetings this week — where the owners get together and decide all things NBA — they formally approved the sale of the Memphis Grizzlies to billionaire Robert Pera.
“We are delighted that the NBA’s Board of Governors has approved Robert Pera’s purchase of the Grizzlies,” said NBA Commissioner David Stern in a released statement. “Robert will no doubt bring great energy and passion to the franchise. He has assembled an ownership group with very strong local ties, and we anticipate that their commitment to the Memphis area will greatly benefit both the team and the community.”
While the sale price is not public it is believed to be in the $350 million range. When the stock price for Pera’s company Ubiquiti Networks took a hit in recent months, some thought threatening the sale, Pera brought in a number of minority owners included some from the Memphis business community as well as celebrities such as Justin Timberlake and Peyton Manning and his wife (she and Timberlake are Memphis natives). Also in is former NBA player Penny Hardaway.
Outgoing owner Michael Heisley is not exactly going to be missed by the fan base. He had a reputation for being stingy and making unpopular decisions with players. However, in the last few years the Grizzlies have been built into a solid team.
That is not a team that is moving — Pera reportedly has no plans to move the franchise to another city. It would be painful to do so anyway, the Grizzlies have a rock-solid lease with the FedEx Forum through 2021. At least nine more seasons.
But we don’t know what other changes Pera may want to make in the organization.
Pera is a former Apple engineer who founded wireless company Ubiquiti Networks, which is where he made his money primarily selling in developing countries. According to a Forbes Magazine profile he is an avid basketball fan who lives a very no frills life — leases his car, lives in a one-bedroom apartment, the kind of guy who doesn’t check a bag when he travels.
Rejecting the tender is a favor to the drafting team, which gets to keep the player’s exclusive rights for a year. If Thornton tries to join the NBA now, he’s stuck negotiating with only the Celtics.
By accepting the tender, the player typically gets one of two outcomes. He either plays on that contract and draws an NBA salary or he gets waived. But even getting waived is better than rejecting the tender, because at least the player becomes a free agent and can negotiate with any team.
Players who reject the tender go to another league and play for less money. In Thornton’s case, that mean Australia.
How’s that going?
(Almost) never reject the required tender as a second-round pick.
Byron Scott says they just have to get Kobe Bryant better looks
Kobe Bryant is averaging 15.2 points a game at age 37. It’s just taking him 16.4 shots per game to get there. After his 1-of-14 shooting performance against the Warriors the other night — with too much isolation and too many plays run just for him — there has been a lot of talk about his shot. With reason, this is his shot chart so far this season.
So what do the Lakers’ do? Get Kobe to shoot less and get the ball in the hands of the young stars they supposed to be developing more? Nah.
“I know his mentality is that he can still play in this league,” Scott said. “And we feel the same way….
“Obviously he’s struggling right now with his shot, and I think everybody can see that,” Scott said. “So it’s trying to get him in better position to be able to have an opportunity to knock those shots down on a consistent basis. That’s No. 1.
“I don’t know if it’s his legs. I don’t think so. Again, our conversations are pretty blunt. … He tells me when he is tired and he tells me when he’s not tired. And the last few days, he said he feels great. So, I don’t think it’s a matter of him being tired or his legs being tired. I think it’s a matter of his timing being a little off.”
Yes, how could it be his legs? It’s not like he’s a 37-year-old with more than 55,000 NBA minutes played, and coming off an Achilles rupture and major knee surgery.
Honestly, I hope the Lakers and Kobe find a balance soon, because they have become just hard to watch. And I don’t want Kobe to go out this way.
Stephen Curry has reached the transcendent point in his career. We’re now talking about if he has passed LeBron James as the best player on the planet (he has), and we’re starting to think about his legacy as the perfect point guard for a modern NBA small-ball, space-and-pace offense. Plus he’s just a joy to watch play.
“I don’t know – it’s a chicken and egg kind of conversation,” Curry said while laughing.
“We both have a creative style, a feel when you are out on the pitch or the court. I’m trying to do some fancy things out there with both hands, making crossover moves and having a certain flair to my game and that’s definitely the style Messi has when he is out there in his matches.”
I love Curry, but Messi is the bigger international star.
But I love the comparison in terms of the must-watch nature of the two stars, the flair in their games, the sense that you have to keep an eye on them at all times because the spectacular could happen any time they touch the ball. When the ball comes to them, everybody leads forward in their chairs. That is the sign of a real superstar.