Boston Celtics v Philadelphia 76ers - Game Six

Another report Allen Iverson is hemorrhaging money

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We had this same discussion a couple years ago.

When Allen Iverson was playing in Turkey, a report came out of Philadelphia about how Iverson was just hemorrhaging money and was broke. Which is stunning for a guy who made an estimated $154 million in NBA salary alone. Other reports have echoed this.

That was followed by a counter report (out of New York) that Iverson was not that bad off because a wise financial advisor and friend had essentially put Iverson’s money in a trust that paid him a yearly allotment and he couldn’t touch the rest. I want to believe the latter report, but the truth likely is somewhere in the middle.

Now out of Iverson’s divorce proceedings come some numbers that suggest he is losing $3.5 million a year. Of course, TMZ had the papers (hat tip to SI’s The Point Forward).

According to docs, Allen brings in $62,500 in monthly income, but his expenses are FAR, FAR, greater … costing him a cool $358,376.66 PER MONTH!!!!…

A large chunk — $125,749.33 to be exact — is spent paying off various creditors (like his jeweler) … and some goes to his mortgages (but not for long, since his ATL crib is about to be auctioned off).

But Allen says he blows a lot on OTHER expenses too … like $10,000/month on clothes, $10,000/month on grocery/house items, $1,000/month on dry cleaning, $5,000/month on entertainment, $5,000/month on restaurants … and so on.

Those figures need a disclaimer — be careful trusting the numbers lawyers use in a divorce case. Or any case. The goal here is for Iverson’s lawyers to make him as destitute as they can, therefore reducing what he has to pay his soon-to-be ex-wife.

My guess is Iverson is living way, way beyond his means anymore. I hope that a smart financial advisor did leave a safety net there for him.

In the end, who knows what is real. But this is the kind of controversy that has shadowed Iverson since he was in high school, it’s part of what has made him a polarizing figure. Which is a shame, because his game was so much fun.

Report: Lakers ‘aren’t that high’ on DeMar DeRozan

TORONTO, ON - DECEMBER 07:  DeMar DeRozan #10 of the Toronto Raptors is fouled by Robert Sacre #50 of the Los Angeles Lakers during an NBA game at the Air Canada Centre on December 07, 2015 in Toronto, Ontario, Canada.  NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement.  (Photo by Vaughn Ridley/Getty Images)
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DeMar DeRozan sounds like he wants to re-sign with the Raptors, and Toronto wants him back.

But what about those Lakers rumors?

Kevin Ding of Bleacher Report, via Noah Coslov of Bleacher Report Radio:

I’m breaking up with you.

No, I’m breaking up with you first.

Warriors would show historic perseverance with Game 7 win over Thunder

OKLAHOMA CITY, OK - MAY 28:  Stephen Curry #30 of the Golden State Warriors drives against Serge Ibaka #9 of the Oklahoma City Thunder during the fourth quarter in game six of the Western Conference Finals during the 2016 NBA Playoffs at Chesapeake Energy Arena on May 28, 2016 in Oklahoma City, Oklahoma. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement.  (Photo by Maddie Meyer/Getty Images)
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The Warriors went an NBA-record 73-9.

And the Thunder massively outplayed them in Games 3 and 4 of the Western Conference finals.

No, Golden State wasn’t at full strength. But Oklahoma City reached a level the Warriors hadn’t all season. Even if Golden State had hit peak performance, I’m not sure that would’ve been enough. The Thunder were that good.

Kevin Durant and Russell Westbrook were their superstar selves. Steven Adams defended inside and out. Serge Ibaka hit timely shots and moved well defensively. Andre Roberson made open 3-pointers and cut. Dion Waiters read the floor to make the right shot or pass. And everyone rotated correctly throughout entire defensive possessions.

Oklahoma City was awesome, handing the Warriors 28- and 24-point losses.

But Golden State rallied to force a Game 7 tonight. If the Warriors win, they’ll become just the eighth team in NBA history to lose multiple games by more than 20 in a series and still win it. The seven to do it:

  • Houston Rockets lost to Los Angeles Clippers by 25 and 33 in 2015 second round
  • Atlanta Hawks lost to Miami Heat by 29 and 26 in 2009 first round
  • Houston Rockets lost to Phoenix Suns by 22 and 24 in 1995 second round
  • Philadelphia 76ers lost to Boston Celtics by 40 and 29 in 1982 Eastern Conference finals
  • Denver Nuggets lost to Milwaukee Bucks by 31 and 28 in 1978 Western Conference semifinals
  • Los Angeles Lakers lost to Milwaukee Bucks by 21 and 26 in 1972 Western Conference finals
  • Minneapolis Lakers lost to St. Louis Hawks by 34 and 30 in 1959 Western Division finals

The Warriors never stopped believing in themselves, even when getting routed. That mentality has them one game from a comeback for the ages.

Masai Ujiri: Raptors No. 1 goal is to re-sign DeMar DeRozan

TORONTO, ON - APRIL 12:  DeMar DeRozan #10 of the Toronto Raptors runs up the court during the first half of an NBA game against the Philadelphia 76ers at the Air Canada Centre on April 12, 2016 in Toronto, Ontario, Canada.  NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement.  (Photo by Vaughn Ridley/Getty Images)
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DeMar DeRozan sounds like he wants to re-sign with the Raptors.

But does Toronto want to give max money to someone who 39% from the field and 15% on 3-pointers in the playoffs?

Raptors general manager Masai Ujiri, via James Herbert of CBSSports.com:

This is probably the right course. I don’t know whom the Raptors could get if they lets DeRozan walk, but if he signs elsewhere, they would have just about $19 million in cap space – less than a max salary. I doubt they could land a better replacement.

I’m not sold on DeRozan as a playoff player, though he legitimately took the next step this regular season. But I’d rather keep him, hope he learns to handle the challenges of the postseason and possibly use him in a trade down the road. It’ll cost a max salary if DeRozan isn’t willing to take a discount, but that beats the alternative of losing him for nothing but cap space.

Report: Tyronn Lue urged Cavaliers GM not to fire David Blatt

CLEVELAND, OH - DECEMBER 17: Cleveland Cavaliers Associate Head Coach Tyronn Lue (L) talks with Head Coach David Blatt (R) against the Oklahoma City Thunder during the second half of their game on December 17, 2015 at Quicken Loans Arena in Cleveland, Ohio. The Cavaliers defeated the Thunder 104-100. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by David Maxwell/Getty Images)
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At 30-11, the Cavaliers had the best record ever while firing a coach during a season. Cleveland was the first team in a decade to fire a coach that took it to the NBA Finals the year prior.

Maybe firing David Blatt was the right move, but on the surface, it seemed outrageous.

Chris Haynes of Cleveland.com:

In speaking with numerous sources close to “The Call,” cleveland.com learned the details. There were no initial pleasantries. Griffin got right to the point — David Blatt was being relieved of his duties.

Lue’s response was candid and immediate.

“This is f—– up, Griff.”

That didn’t prevent Griffin from calmly asking Lue if he could take over. Hired as the associate head coach a year and a half earlier, becoming the head of a franchise was Lue’s eventual goal. But this didn’t seem right.

Lue pleaded with Griffin, arguing for several minutes that firing Blatt was an excessive move for a team carrying a conference-best 30-11 record. Griffin listened to Lue’s pleas. When they ended, he told Lue the decision has already been carried out.

Griffin circled back to his original question.

“What’s done is done. I’m asking you if you can lead this team?” It had taken a few minutes, but Griffin got the response he sought.

“Yeah, I can f—ing lead this team.”

Griffin then congratulated him.

I’m not sure I buy all this. It’d look bad if Lue undermined Blatt in any way.

But the Cavs asked for this situation when they hired the runner-up in their head-coaching search to assist the winner. Lue didn’t have to do anything for that call to happen. The situation opened the door for it.

And it worked out. Lue has done a masterful job guiding the Cavaliers back to the NBA Finals. We’ll never know how Blatt would’ve done if he remained on the job, but Lue has set an excellent bar. I’m not yet sold Lue is a great head coach, but for this team – and the difficult task of communicating with LeBron James and elevating Kevin Love and Kyrie Irving, who’d be featured stars on many teams – Lue has been aces.