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.

What championship hangover? Cavaliers rout Knicks on ring night in Cleveland.

CLEVELAND, OH - OCTOBER 25:  LeBron James #23 of the Cleveland Cavaliers finishes off a fast break with a dunk in the third quarter as Carmelo Anthony #7 of the New York Knicks watches on October 25, 2016 at Quicken Loans Arena in Cleveland, Ohio. Cleveland defeated New York 117-88. 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 Jamie Sabau/Getty Images)
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There’s a good reason LeBron James has been to six straight NBA Finals. It’s not all about his incredible physical gifts. It’s not about the quality of his teammates.

It’s about will.

On a night when a lot of teams play like their hungover — the night they get their championship rings and a banner is raised to the rafters — LeBron played harder than anyone and pulled his team along.

LeBron had a triple-double — 19 points, 14 assists, 11 rebounds — and led the Cavaliers to an easy win over the Knicks, 117-86. Kyrie Irving had 29 points — 19 in the third — and Kevin Love added 23 in the win.

But mostly it was the Cavaliers’ offense getting whatever shot it wanted and the Knicks watching dunks from up close.

Over the course of this season, these Knicks will evolve into something better than they showed opening night. No Derrick Rose (trial) and no Joakim Noah (injury) meant the Knicks starting five didn’t have a lot of cohesion and chemistry from the start.

After a sluggish first five minutes by both teams — they were a combined 6-of-22 shooting to open the game — the Cavaliers slowly started to create a little space behind 10 first quarter points from Love. That lead really started to grow as the Knicks bench came in and went 0-of-6 shooting to end the quarter, with Brandon Jennings making questionable decisions. Tack on seven Knick turnovers and the first and they were down 10 after 12 minutes.

The Cavs were in control through much of the second quarter until the Knicks went on a 10-0 run to make it a game again. It was Derrick Rose and Carmelo Anthony driving the team — they shot a combined 12-of-20 in the first half, the rest of the Knicks were 5-of-23. It was 48-45 Cavaliers at the break.

In the third quarter the Cavaliers starters cranked it up behind Kyrie Irving and tighter defense — the third quarter saw Kyrie Irving with 19 points and the entire Knicks team with 19. It was 82-64 Cavs after three and the celebration was on.

Kristaps Porzingis showed some moments but his 16 points came on 5-of-13 shooting. Anthony had 19 points on 18 shots. Rose had 17 points but four turnovers and one assist. Brandon Jennings came off the bench to shoot 1-of-7. It was not their best night.

For the Cavs, it was one to remember — the first banner in 52 years went up.

Did we mention LeBron James was dunking all over Knicks? Watch for yourself.


LeBron James isn’t the only story out of the NBA season opener — Kyrie Irving had 29 points, Kevin Love had 23, Carmelo Anthony and Derrick Rose were shotmaking.

But mostly, LeBron James was dunking. And racking up a triple-double (19 points, 14 assists, 11 rebounds). But mostly just dunking. Like you see above. Or there is this alley-oop.

Or, there was this putback throwdown.

And we can throw in a block on Courtney Lee just for fun.

Cavaliers moving ball, LeBron James dunking in season opener

CLEVELAND, OH - OCTOBER 25:  LeBron James #23 of the Cleveland Cavaliers looks on in the first quarter against the New York Knicks at Quicken Loans Arena on October 25, 2016 in Cleveland, Ohio.  (Photo by Ezra Shaw/Getty Images)
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The Cavaliers were not in mid-season form on opening night — they started the game 3-of-12 from the floor and were 4-of-21 from three in the first half.

But they were showing flashes.

Like the LeBron James dunk above. Or this stretch of ball movement below.

The Cavaliers led the Knicks 48-45 at the half.

Watch LeBron James’ speech after getting his ring in Cleveland


“At this point, if you’re not from here, live here, play here, dedicate yourself to Cleveland, then it makes no sense for you to live at this point — Cleveland against the world!”

And with that, the Q went nuts.

LeBron James and the Cavaliers got their rings and raised a banner in Cleveland — the first title banner in that city in 52 seasons (although the Indians are trying to have their say on the matter across the street). It was emotional for everyone in the building, and particularly the hometown boy LeBron.

Check out the full ring ceremony.