Knicks season-ticket renewal rate exceeds 97 percent

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The Knicks played an exciting if ultimately flawed brand of basketball last season, and finished with the second best record in the Eastern Conference behind only the eventual champion Miami Heat.

New York has retained its best players, and added some depth in the form of Andrea Bargnani, Metta World Peace, and Beno Udrih to the roster.

The team is not necessarily being projected by most to finish as high as it did a season ago, but based on last year’s success, the faithful that were in it for the long haul aren’t looking to jump off of the bandwagon any time soon.

From Marc Berman of the New York Post:

According to data that will be announced publicly Wednesday on the Garden’s earnings call, the Knicks’ season-ticket renewal rate skyrocketed to more than 97 percent – the highest renewal rate for the club in more than 10 years. Last year’s renewal rate was 95 percent.

Part of that boost may be the notion this is their last, best crack at legitimately competing for a championship in what could be Carmelo Anthony’s last season as a Knick. The increase occurred despite a 6.4 percent average ticket price hike due to the last stage of the arena’s $1 billion, three-year transformation.

It’s worth noting that this isn’t necessarily a reflection of a team’s fan base, given that a large percentage of season tickets, especially the ones closest to the court, are purchased by corporations and used for entertainment purposes. And the better the product is, the more enticing those trips to the arena can be for a company’s current or potential clients.

As for the part about it potentially being Anthony’s last season there, even though he could choose to become an unrestricted free agent next summer, it’s far too early to get into all of that now, and it’s highly unlikely that anyone based their buying decision on the notion that the upcoming year in New York might somehow end up being Anthony’s last.

But with all of that being said, it’s still a great sign for the business of basketball that even with such a steep increase in price, the demand remained as high as ever to see the Knicks in person.

PBT Extra: Rockets, with Chris Paul trade, show fearlessness in face of Warriors’ dominance

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The Rockets and Clippers both turned aggressive with today’s Chris Paul trade.

Houston is making a bold attempt to overtake the Warriors (a plan that could include other big moves). The Clippers are launching into rebuilding.

Kurt Helin breaks down what it means for both teams.

PBT Extra: With Phil Jackson discarded, Knicks face next challenge

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The Knicks did well to part ways with Phil Jackson, but where does New York go from here?

Masai Ujiri? David Griffin? Someone else?

Kurt Helin breaks down Jim Dolan’s options – and the approach the Knicks owner should take.

Report: Kings to sign Bogdan Bogdanovic to three-year, $36 million contract

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The Kings have a decent crop of low-paid young players: Buddy Hield, Willie Cauley-Stein, Skal Labissiere, Georgios Papagiannis and Malachi Richardson.

Soon, Sacramento will add a highly paid young player to the group: Bogdan Bogdanovic, whose rights the Kings acquired when trading down from No. 8 with the Suns in last year’s draft.

Ailene Voisin of The Sacramento Bee:

Because Bogdanovic was drafted three years ago (No. 27 by Phoenix in 2014), the Kings can exceed the rookie scale to sign him.

Bogdanovic is a talented 24-year-old, but this deal removes much of the value usually tied to rookies on cost-controlled scale contracts. It’s hard to see Bogdanovic’s production exceeding his salary over the next four years.

Still, what else was Sacramento supposed to do with its cap space? Just getting Bogdanovic to jump from Europe might be worth it. The Kings already have more cap flexibility than they know what to do with – especially after letting Ben McLemore become an unrestricted free agent.

Chris Haynes of ESPN:

Sacramento took McLemore No. 7 in the 2013 draft then spent the next four years watching his value depreciate.

Teams will line up to take a flier on him. Will someone pay him as if he’ll pan out even a little? That question will drive his unrestricted free agency.

Report: In wake of Chris Paul trade, Clippers focus on re-signing Blake Griffin

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Chris Paul is on his way to Houston in an attempt to form a superteam to challenge Golden State.

Now what for the Clippers?

They have two options: One, tear it all the way down and rebuild.

The other: Re-sign Blake Griffin, run the offense through him and put his underrated passing skills to the test while surrounded by shooters.

The Clippers are opting for door No. 2, at least for now, according to Ramona Shelburne of ESPN.

The fundamental question is: Does Griffin want to stay? The Clippers can offer more money and a larger contract, five -years starting just shy of $30 million a year. However, he will have good teams from the East calling. Miami is interested, and they have a strong point guard in Goran Dragic, a good wing defender in Justise Winslow, and a guy inside who can defend, rebound, and finish dunks in Hassan Whiteside. Plus, no state taxes on all that new money. Also, Boston (if they strike out with Gordon Hayward) and other teams will come calling. Griffin will have options.

If Griffin does stay, this could be interesting if the team is built right. Griffin is an underrated passer and playmaker — he averaged more than five assists per game last season, and that was with Chris Paul on the team. The Clippers would need to use him sort of like Denver uses Nikola Jokic, running the offense through him out high where he is a threat to score from with a midrange jumper, put the ball on the floor, or make a pass. Griffin would need to be surrounded by shooters and guys willing to work off the ball, such as J.J. Redick. Who is almost certainly gone.

If Griffin leaves, the Clippers don’t have much a choice and will have to start shopping DeAndre Jordan around and rebuilding the team (they got a fairly good haul for CP3 for that, considering the situation, Sam Decker and Montrezl Harrell are good young players who can be part of a rotation). Then Los Angeles will have two rebuilding teams, and that always makes for a great rivalry.