Portland Trail Blazers v Los Angeles Lakers

Forbes: Knicks most valuable franchise, Kobe biggest earner

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The New York Knicks and Los Angeles Lakers are each worth more than $1 billion dollars.

That is billion with a “B.”

They are the first NBA franchises to pass that mark, reports Forbes Magazine in its latest valuation of NBA franchises. The Knicks are worth $1.1 billion, the Lakers $1 billion even. The average NBA franchise is worth $509 million, up 30 percent from the year before, the magazine estimates.

Oh, and by the way, Kobe Bryant makes a lot of money — $59.8 million in salary and endorsements this year. The magazine also has released its list of highest earning players.

With the franchises, the Knicks move back into the top spot somewhat due to success on the court but mostly because of the $980 million renovation to Madison Square Garden. The renovation paved the way for more of the expensive, luxury seating and perks that drive team revenue. Because of that the value of the franchise jumped 41 percent in one year, according to Forbes.

By moving to Brooklyn and the new Barclays Center, the Nets value jumped 48 percent to $530 million. The lowest valued team? The Milwaukee Bucks at a “measly” $312 million.

As for players earnings, it’s Kobe Bryant, LeBron James and then everyone else.

Kobe tops the list with LeBron James second at $57.6 million. LeBron has more endorsement money coming in but his actual NBA salary is just more than $10 million less than Kobe’s $27.8 million.

Derrick Rose — he of the large Adidas contract — is third on the list at $32.4 million.

The rest of the top 10 is:

4. Dwyane Wade
5. Kevin Durant
6. Carmelo Anthony
7. Amar’e Stoudemire
8. Dwight Howard
9. Chris Paul
10. Pau Gasol

What each of those guys does is put butts in seats (even Gasol, although to a much lesser extent). Yes, they can score a lot (save maybe Stoudemire) but pay for an NBA player at the max is not just about on-court production as what he means for the bottom line of the franchise. While Kobe may be getting paid $27 million he’s worth probably three times that to the Lakers in terms of ticket sales, sponsorships and more.

Harrison Barnes reveals his engagement on Twitter (PHOTO)

LAS VEGAS, NV - JULY 22:  Harrison Barnes #8 of the United States drives against Argentina during a USA Basketball showcase exhibition game at T-Mobile Arena on July 22, 2016 in Las Vegas, Nevada. The United States won 111-74.  (Photo by Ethan Miller/Getty Images)
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Despite the Warriors’ loss in the Finals, it’s been a good summer for Harrison Barnes. He signed a four-year, $94 million deal in Dallas and won a gold medal with Team USA at the Olympics in Rio de Janeiro. And maybe best of all, he got engaged on Saturday night, as he revealed on Twitter:

Congrats to Barnes and his new fiancée.

Report: Mo Williams considering retirement, could be waived by Cavs

CLEVELAND, OH - JUNE 22:  Mo Williams #52 of the Cleveland Cavaliers looks on during the Cleveland Cavaliers 2016 NBA Championship victory parade and rally on June 22, 2016 in Cleveland, Ohio.  (Photo by Mike Lawrie/Getty Images)
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Shortly after winning a title with the Cleveland Cavaliers, veteran guard Mo Williams picked up his $2.2 million option for next season, choosing to take the guaranteed money on the table for him rather than test free agency at age 33. But he might not be with the Cavs this season — the Cleveland Plain Dealer‘s Joe Vardon reports that Williams is considering retiring from playing due to lingering knee problems, and the Cavaliers could waive him under the stretch provision in the coming days.

Williams, 33, a 13-year veteran and former All-Star who played a supporting role in the Cavs’ 2016 NBA championship, is strongly considering retirement, multiple sources told cleveland.com.

From Williams’ side of this, he battled a left-knee issue for most of last season while playing in just 41 regular-season games, as his playing time dwindled once Irving returned from knee surgery and the coaching staff chose to stick with Matthew Dellavedova as Irving’s backup.

Sources said his balky knee, desire to coach — especially younger players and children — and the obvious chance to go out as a champion are weighing heavily upon him.

Vardon reports that the Cavs are considering stretching him before the August 31 deadline, but are holding off for now because they want to leave open the possibility of a trade with another team to take on his salary. Either way, it looks as though Williams is done after 13 seasons in the NBA.

Donald Trump tweets death of Dwyane Wade’s cousin why “African-Americans will VOTE TRUMP!”

DES MOINES, IA - AUGUST 27: Republican presidential nominee Donald Trump speaks at the 2nd annual Joni Ernst Roast and Ride event on August 27, 2016 in Des Moines, Iowa. Trump joined a number of Iowa Republicans who also spoke. (Photo by Stephen Maturen/Getty Images)
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I’d say the obvious — it’s sickening to turn a murder of a mom of four, a genuine tragedy, into a political opportunity — but that has become the way of politics. What line of decorum?

None the less, it’s sickening. Republican presidential nominee Donald Trump tweeted about the tragic death of Dwyane Wade‘s cousin Nykea Aldridge, who was pushing her stroller down a Chicago street this week when two men got into a gunfight (reportedly gang-related) and a bullet killed Aldridge.

Trump tweeted what you see below (actually, what is below is a tweet edited by his staff, the original one misspelled Wade’s first name, putting “Dwayne” instead):

Later, this Tweet came up, again from his staff.

(So you know, you can tell which tweets come from Trump and which from his aids based on the device used to post it.)

Trump’s Tweet is part of his recent apparent attempted outreach to minority voters, which is not about them and more about trying appease concerns of white, middle-class suburban voters (for example, outside Philadelphia, in a swing state). Polls show Trump struggling with those suburban voters, in part because they see him as bigoted.

As you might expect, Twitter unloaded on Trump for his tone deaf and incendiary Tweet. Not that he cares, people are talking about him and that seems his primary goal. Actor Don Cheadle was one of the most prominent.

It’s sad this has become a focus and not Nykea Aldridge — and what can be done to prevent the next Nykea Aldridge.

Derrick Rose and Jimmy Butler reunite at a baseball game (PHOTO)

CHICAGO, IL - APRIL 27:  Derrick Rose #1 and Jimmy Butler #21 of the Chicago Bulls wait for a member of the Milwaukee Bucks to shoot a free throw during the first round of the 2015 NBA Playoffs at the United Center on April 27, 2015 in Chicago, Illinois. The Bucks defeated the Bulls 94-88. NOTE TO USER: User expressly acknowledges and agress that, by downloading and or using the photograph, User is consenting to the terms and conditions of the Getty Images License Agreement.  (Photo by Jonathan Daniel/Getty Images)
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The relationship between Derrick Rose and Jimmy Butler was the subject of much scrutiny last season in Chicago. Reports of tension between the two stars never fully went away, and they proved to be an awkward fit together on the court. But any hard feelings between the two of them appear to be in the past as Butler posted a photo on Instagram of the two former teammates (and Rose’s son, P.J.) hanging out together at a Dodgers game in Los Angeles, where they both work out in the summer.