Fourteen NBA owners on Forbes 400 richest Americans list

12 Comments

If you’re part of the one percent, an NBA team can make a nice toy.

At least it seems that way after Forbes released its list of the 400 richest Americans on Monday and the list contains 14 NBA owners, something pointed out by Darren Rovell of ESPN. By the way, to answer your first question it is still Bill Gates. As it has been for two decades now.

At the top of the list of wealthy NBA team owners Microsoft co-founder Paul Allen, who owns the Trail Blazers (as well as the Seattle Seahawks of the NFL) and is worth $15.8 billion.

The other owners on the list are: Richard DeVos (Orlando Magic, $6.3 billion), Micky Arison (Miami Heat, $5.9 billion), Stan Kroenke (Denver Nuggets, $5.3 billion), Dan Gilbert (Cleveland Cavaliers, $3.9 billion), Charles Dolan (New York Knicks, $3.3 billion), Tom Gores (Detroit Pistons, $2.7 billion), Mark Cuban (Dallas Mavericks $2.5 billion), Josh Harris (Philadelphia 76ers, $2.5 billion), Robert Pera (Memphis Grizzlies, $1.95 billion), Herb Simon (Indiana Pacers, $1.95 billion), Donald Sterling (Los Angeles Clippers, $1.9 billion), Glen Taylor (Minnesota Timberwolves, $1.7 billion), and Tom Benson (New Orleans Pelicans, $1.3 billion).

Because this is a list of Americans Nets owner Mikhail Prokhorov is not on it. However, if he were he would still be second to Allen, Forbes has estimated Prokhorov’s wealth at $13.5 billion. He’s just more willing to spend it on the luxury tax than anyone else.

Interesting note: Phil Knight, the chairman of Nike and one of the more powerful figures in NBA circles because of his shoes, is richer than any NBA owner. Knight is worth $16.3 billion, according to Forbes. It’s gotta be the shoes! (Also, that is really good news for University of Oregon athletics.)

Warriors hope to get Shaun Livingston, Matt Barnes back for second round

Leave a comment

OAKLAND, Calif. (AP) — The Golden State Warriors hope to get injured reserves Shaun Livingston and Matt Barnes back from injuries for the second round of the playoffs after getting more than a week off between series.

The Warriors said Saturday that Barnes has been upgraded to probable for Tuesday night’s Game 1 and Livingston remains questionable but is hopeful he will be ready to return. Star forward Kevin Durant is expected to be a full go after missing two games and being limited to 20 minutes in Game 4 last round because of a strained left calf.

Barnes has been sidelined since April 8, while Livingston sprained a finger on his right hand in Game 1 of the first-round against Portland.

Golden State begins the second round at home on Tuesday night against the winner of Sunday’s Game 7 between the Los Angeles Clippers and Utah Jazz. The Warriors have been off since sweeping the Trail Blazers last Monday, giving them more than a week between games.

“I’m trying to make sure I rest it as much as I possibly can, because when I do come back I plan on staying all the way back,” Livingston said Saturday. “Hopefully it will be ready for Tuesday.”

After taking Tuesday and Thursday off following their first-round sweep, the Warriors practiced for a second straight day Saturday. They plan to practice again on Sunday and then again Monday once they know their second-round opponent.

There is no update on the status of coach Steve Kerr, who missed the final two games of the first round because of complications from two back surgeries. Kerr talks daily with interim coach Mike Brown and took part in coaching meetings Friday but was not at practice on Saturday.

PBT Extra: Rockets vs. Spurs far more than Kawhi Leonard vs. James Harden

Leave a comment

Kawhi Leonard vs. James Harden. Two MVP candidates matching up in the second round of the NBA playoffs.

However, the San Antonio Spurs vs. Houston Rockets is much more than that.

It’s a battle of pace. It’s a chess match between two of the best coaches in the game. It’s about which team’s role players are going to step up.

I talk about all of that in this latest PBT Extra. Plus, of course, when Leonard will guard Harden.

How to start your Saturday night: Watching 15 minutes of best plays from NBA season

Leave a comment

There are no NBA playoff games Saturday night, the first night since the start of the postseason there hasn’t been one game. Don’t worry, there are two games on Sunday, including Game 7 between the Jazz and Clippers.

But if you need a Saturday night fix, this will have to do: 15 minutes of the best plays from last season, as compiled by NBA.com.

Go ahead, watch it. You’ve got nothing better to do.

 

Paul Millsap says the expected, he will “most likely” opt out of contract

Getty Images
Leave a comment

This is ranked right next to “overeating can lead to weight gain” on the list of surprising things, but we will dutifully report it anyway:

Paul Millsap is going to opt out and officially become a free agent this summer.

Atlanta’s owner as well as Mike Budenholzer, the coach and head of basketball operations, have both said they plan to do whatever it takes to re-sign Millsap with the Hawks. Millsap didn’t sound like someone eager to leave after the Hawks were eliminated from the playoffs Friday.

“It’s been great. I’m looking to expand this and see where the franchise can go. These last four years has been great. I couldn’t ask for anything more.”

Even with both sides singing Kumbaya, keeping Millsap in Atlanta likely means a five-year contract at or near the max, which for a 32-year-old player means the Hawks would regret the last year or two of that deal.

Not that the Hawks have much of a choice here, they have to come in big and keep him. For one, they can’t afford to lose Al Horford and then Millsap for nothing in back-to-back years. If they were going down the rebuilding road, they needed to trade Millsap at the deadline (or last summer) to make sure they got something in return. Atlanta explored trade options at the deadline, but then pulled back (rumored to be because of an edict from ownership, which didn’t want to see the team blown up after the Kyle Korver trade).

By not making that trade the Hawks signaled their intention to remain a good team — a 43-win team this season that got them the five seed — with Dennis Schroder and Dwight Howard, one that draws well at an arena that historically has not been that full, and see if they can add on. They strike me as a team that will win between 42-50 games a year and be middle of the pack in the East for the next few years, unless they can find a way to add an elite player (which is incredibly difficult).

But if the Hawks can’t re-sign Millsap, then the plan gets blown up. So expect them to come in with a big offer come July 1.