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.
The Grizzlies’ Grit & Grind era has ended.
Zach Randolph signed with the Kings, and Tony Allen appears likely to leave Memphis, too. The Grizzlies are prioritizing younger/cheaper players like Ben McLemore and Tyreke Evans.
Marc Gasol via Ala Carta, as translated by HoopsHype:
I’m very ambitious and I’ve wanted Memphis to be a great franchise. We’ve grown a lot the last 6-7 years, but we have to keep growing. If this is not lined up, maybe we may have to revisit things.
Gasol has been loyal to Memphis, and his first wish is probably winning there. But Giannis Antetokounmpo put it well: Teams must also do right by their players. Gasol is 32 and doesn’t have much time in his prime left. I see why rebuilding wouldn’t interest him.
But what will he do about it if the Grizzlies don’t prioritize the present? They made their push last summer with a max contract for Chandler Parsons, but because Parsons can’t stay healthy, that deal only inhibits team growth.
Gasol is locked up for two more years before a player option. He doesn’t have much leverage. This is part of the reason LeBron James keeps signing short-term contracts. Gasol doesn’t have the same ability to steer his team in his desired direction
On the potentially bright side, rebuilding teams often don’t have much use for 32-year-olds guaranteed more than $72 million over the following three years. If the fit devolves, Memphis becomes more likely to trade him.
The Celtics already said they’d retire Paul Pierce’s No. 34.
Now, we know when.
The Boston Celtics announced today that they will retire Paul Pierce’s No. 34 after a mid-season game against the Cleveland Cavaliers on Sunday, Feb. 11
After? That’s apparently in response to a new rule that penalizes teams not ready to play after a 15-minute halftime. These ceremonies can drag on, and nobody wants to cut Pierce short. I wonder whether this will start a trend of number retirements coming after games.
DeMarcus Cousins grew up in Alabama, played collegiately at Kentucky and now plays in New Orleans.
So, yeah, the Pelicans star has an opinion on Confederate statues.
Cousins, via TMZ:
“Take all them motherf*ckers down,” Cousins said … “Take ’em all down.”
These statues glorify people because they fought a war against the United States in the name of preserving the racist institution of slavery.
Not whom I want to honor, either.
Kevin Durant knows something about star teammates not always getting along.
So, the Warriors forward is not freaking out about the disconnect between Kyrie Irving and LeBron James and Irving’s subsequent trade request.
Durant, via Chris Haynes of ESPN:
“It’s just a regular NBA problem, right? A lot of teams have gone through this before,” Durant told ESPN. “They’ll figure it out. That’s a great organization, a championship organization. They’ll figure it out.”
“It’s not the end of the world,” Durant said. “Both of those guys won a championship together. They love each other. If Kyrie wants to do something else, that’s on him. I’m sure whatever happens, it’ll work out for the best for both of them. But it’s just a normal NBA problem. It’s just two big stars that it’s happening to.”
Durant is definitely right in the larger sense. Teammates spat and requests trades more often than we realize. Remember, both Irving and the Cavaliers probably prefer this never became public.
But I’m not sure Cleveland will figure this out with the ease Durant suggests. David Griffin, who had proven so adept at putting out these fires, is gone. LeBron’s free agency looms. This could be extremely destructive to the Cavs.
The fact that this “regular NBA problem” became public only intensifies it – and raises it something greater.