George Karl hopes to return to coaching, admits ‘anger and frustration’ over way things ended with Nuggets

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George Karl led the Nuggets to the best home record in all of the NBA last season, and along with it a 57-win season that was the most in franchise history since the team joined the NBA in the 1976-77 season.

But all of that wasn’t enough to save Karl’s job.

He won the Coach of the Year award, but a first round playoff exit at the hands of the Warriors combined with some philosophical differences on how to use the players on the roster (and Karl pushing for a contract extension entering the final year of his deal) saw the tenured head coach who had spent the past eight-plus seasons in Denver unceremoniously relieved of his duties.

Karl’s had a little time to reflect on how it all went down, and while he’ll be joining ESPN as an analyst, he hopes to return to an NBA bench in the near future. Overall, he finds it difficult to understand the reasons that the team chose to go in another direction.

From Gary Washburn of the Boston Globe:

“I don’t have a lot of bitterness other than I don’t understand. But not understanding — when you are working in a world of millions, millions, and millions of dollars, there’s a lot of things I don’t understand.

“There’s a lot of contracts we give players that I don’t understand. There’s a lot of trades that I don’t understand. There are a lot of decisions I don’t understand.

“I can’t deny there’s an anger and frustration. But there’s much more celebration in my heart than anything else.”

The differences with management were understandable, at least from Karl’s perspective. They wanted him to develop players like JaVale McGee and Evan Fournier during the regular season, but Karl wanted to win, so he gave the minutes to the more experienced guys on his roster like Kosta Koufos and Andre Miller instead.

It’s tough to argue with the results, and remember, had Danilo Gallinari not suffered a torn ACL injury near the end of the regular season, the Nuggets might have had a stronger chance once they entered the postseason.

The power play by Karl to gain more security in the form of a contract extension ultimately backfired, and with GM Masai Ujiri gone to Toronto, he had no one in his corner to fight for him to stay. He’s a great basketball mind that should land another job at some point, although it will likely take a front office who wants to bring in all of that valuable experience to manage a veteran roster, instead of going with a bright young mind to lead a franchise into the future.

Ex-financial adviser gets 4 years in federal prison for defrauding Tim Duncan

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SAN ANTONIO (AP) An ex-financial adviser to retired San Antonio Spurs player Tim Duncan has been sentenced to four years in federal prison for defrauding the former NBA star of millions of dollars.

Federal prosecutors say 49-year-old Charles Banks of Atlanta was sentenced during a court hearing Wednesday in San Antonio.

A judge also ordered Banks to pay $7.5 million in restitution.

Banks had pleaded guilty in April to one count of wire fraud.

Investigators say Banks manipulated Duncan -who retired last year after five NBA championships with the Spurs – into guaranteeing payment of a $6 million debt related to a merchandising business.

Prosecutors say Banks failed to disclose commissions and loans he received in the deal.

Banks is set to report to federal prison as early as Aug. 28.

Lakers exercise David Nwaba’s $1.3 million contract option

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EL SEGUNDO, Calif. (AP) — The Los Angeles Lakers have exercised their $1.3 million contract option on guard David Nwaba for the upcoming season.

The Lakers announced the move Wednesday.

Nwaba earned a job with the Lakers after they called him up from their D-League affiliate on Feb. 28. The rookie averaged 6.0 points and 3.2 rebounds per game while impressing Luke Walton’s coaching staff with his hustle and defensive play.

The Lakers signed him to a new contract with a multi-year component just three weeks after his NBA debut.

Nwaba is a local product, attending University High School in West Los Angeles and Santa Monica College before finishing his college career at Cal Poly.

Stephen Curry to play Web.com Tour’s Ellie Mae Classic

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HAYWARD, Calif. (AP) — Two-time NBA MVP Stephen Curry is set to test his golf game against the pros.

The Web.com Tour said Wednesday that Curry, coming off his second NBA championship with the Golden State Warriors, will play in the Ellie Mae Classic at TPC Stonebrae on Aug. 3-6.

It’ll be the first PGA Tour-sanctioned event for Curry, who has competed in various celebrity events and pro-ams. The top 25 on Web.com Tour’s regular-season money list will earn PGA Tour cards.

Curry will maintain his amateur status, competing on an unrestricted sponsor exemption in the event that benefits the Warriors Community Foundation.

Hall of Fame receiver Jerry Rice played in the event in 2011 and 2012. He missed the cut in 2011 with rounds of 83 and 76 and withdrew in 2012 after playing 27 holes in 23 over.

Also Wednesday, Nissan’s upscale Infiniti brand announced that Curry would be its new global brand ambassador. The point guard will be featured in ads for the Q50 sports sedan beginning this summer.

Report: Clippers never committed to offer Chris Paul five-year max contract

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The Clippers projected to be able to offer Chris Paul a five-year, $201 million contract that would have culminated with a $46 million salary in his final season.

Did they offer that much before sending him to the Rockets?

Just as one side is trying to pin all the Clippers’ problems on Doc Rivers and Austin Rivers, the Clippers surely want to spin Paul’s exit to another way – that they shrewdly chose when to part ways rather than that they lost the best player in franchise history due to nepotism.

David Aldridge of NBA.com:

Ramona Shelburne of ESPN:

If Paul really wanted that five-year max, he could have pushed harder for it by bringing counter offers to the Clippers in July rather than engineering his way to Houston before free agency even began.

Would the Clippers have eventually relented and offered the five-year max? We can never know for certain.

But it’s pretty clear why the Clippers would want this version out there. Accurate or not, it makes them seem far more on top of things and is less likely to taint them with free agents they covet in 2018.