Newly acquired Net's Pierce, Garnett and Terry hold up their new jerseys as they pose for a photo with principal owner Prokhorov after a news conference in Brooklyn

Brooklyn Nets tax bill could be $87 million for next season


The largely free market loving, Republican owners of the NBA teams pushed hard in the last Collective Bargaining Agreement for something that you would think goes against their nature — an increased and very stiff tax structure that sets up a more socialist system. (They would argue the system is needed for the growth of the overall sport.)

But the tax penalty only works if an owner is afraid to pay it.

Brooklyn Nets own Mikhail Prokhorov laughs at it. Or at least isn’t going to blink writing a very large check.

With the addition of Alan Anderson on a minimum deal, the Nets will have a payroll of $102,211,009 next season (figures via Hoopsworld). The NBA’s salary cap is set at $58.7 million for next season, the luxury tax line is $71.7 million (meaning the new escalating taxes start at that figures). Marc Stein of ESPN did the math from there for TrueHoop:

Adding Anderson on a minimum deal nudges those figures to $30,463,009 (dollars over the tax line) … and a mind-numbing $87,199,293 (in taxes due)

So the signing of a player due to make just under $1 million next season will cost Brooklyn more than $4 million in additional taxes under the league’s much more punitive tax laws that go into effect this season.

The tax the Nets will pay will be based on their salary figures on the last day of the regular season, so it is possible for the Nets to make moves to lower that number.

But it doesn’t look like Mikhail Prokhorov wants to — he wants to win at any cost. So he will write a big check at the end of the season. What kind of winning he will get for that remains to be seen, but I don’t think it’s the title he is looking for.

Kevin Love names NBA players he thinks could plan in NFL

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The majority of guys in the NBA are not built for the NFL. Blake Griffin the tight end makes a huge target for a free safety to line up. Kevin Durant is a little thin. Carmelo Anthony? Come on now.

But there are a few guys who might be able to, and on his show Dan Patrick asks Kevin Love about it today (see the video above). Then DP tries to take the obvious call of LeBron James off the table.

Nate Robinson as a DB? He’s athletic enough but at his height he would be a target for tall receivers. I like Dan Patrick’s suggestion of Russell Westbrook the free safety — he is certainly athletic enough.

Love also picked himself as a QB. Um, no. I’m not sure his outlet passing skills translate.

Hawks’ Thabo Sefolosha on not guilty verdict: “Justice was served”

Thabo Sefolosha
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Friday morning, a New York jury found Atlanta Hawks guard Thabo Sefolosha not guilty of misdemeanor obstructing government administration, disorderly conduct, and resisting arrest. The charges stemmed from the night in the final weeks of last season when Sefolosha and then teammate Pero Antic went to a New York club after arriving in town, and while there Pacers’ player Chris Copeland was stabbed outside the club. In his clash with police, Sefolosha suffered a broken leg that required surgery and kept him out of the playoffs.

The New York prosecutor tried to make this go away with a plea deal of just day of community service and six months probation. But Sefolosha had the means and mind to fight the charges, got his day in court and won. This is what he said in a statement after the verdict, released by the Atlanta Hawks.

“This morning’s verdict ended a long and emotional period for me.  Justice was served and for that I am eternally grateful to the judge and jury for their quick and deliberate decision….

“It’s troubling to me that with so much evidence in my support that this case would even be brought to trial and that I had to defend myself so hard to get justice. It pains me to think about all of the innocent people who aren’t fortunate enough to have the resources, visibility and access to quality legal counsel that I have had.

“It was important to me as a man, a father to two young girls and as a role model, to stand up for what I believe in and have my name cleared of any wrongdoing.  Today’s verdict will not make up for the pain and trauma my family and I have suffered over the past six months or bring back the opportunity to have played in the Eastern Conference Finals and have a shot at an NBA title, but it does bring me some peace and closes a painful chapter in my life.

“Now I look forward to returning to the team and focusing solely on my rehabilitation for the upcoming season so that I can get back to playing the game I cherish so much.”

While Sefolosha says he is focusing “solely” on his rehab, the win in the criminal case would bode well for a potential civil case if he wanted to sue regarding his treatment and the broken leg.

Hawks’ coach Mike Budenholzer — who testified at the trial and was amused by parts of it — released this statement:

“Thabo is a man of great character and we are proud that he took a principled approach to proving his innocence. We are extremely happy for him and his family, and we are very pleased with today’s verdict in his favor.”