After the Milwaukee Bucks sold for $550 million, then weeks later former Microsoft CEO Steve Ballmer agreed to buy the Los Angeles Clippers for $2 billion, 29 other NBA owners got a big smile on their face. The rich are getting richer.
With the size of those numbers more than a few might put some feelers out in market — you don’t get rich enough to own an NBA team not thinking about how to turn a profit on your investments, and there’s a lot of profit in the NBA right now. One of those guys looking around is Nets owner Mikhail Prokhorov, reports Adrian Wojnarowski at Yahoo Sports.
In the wake of the Los Angeles Clippers selling for a league-record $2 billion, Russian billionaire Mikhail Prokhorov has been open to overtures from potential buyers for the Brooklyn Nets, league sources told Yahoo Sports.
“Just listening so far,” a league official with direct knowledge told Yahoo Sports. “They haven’t indicated a desire or willingness to sell. …Nothing was initiated by [Prokhorov].”
If the Clippers are worth $2 billion, the Nets should be worth at least that much.
Prokhorov is worth $11 billion, according to Forbes Magazine. Prokhorov purchased his share of the Nets for $223 million (he owns 80 percent of the team), but since then he has moved the team to the news and more profitable Barclay’s Center in Brooklyn (he owns 45 percent of that also). Which is in the nation’s largest media market. The team’s value has gone up.
Enough that the Russian oligarch might sell?
Who knows? But you can be sure he’s not the only one listening to offers right now. That’s a lot of scratch, even to already rich guys.
The Spurs trading LaMarcus Aldridge – they’re reportedly shopping him – could open enough cap space to sign Chris Paul.
But that isn’t the only reason San Antonio is trying to move Aldridge.
Sam Amick of USA Today:
According to a person with knowledge of the Spurs forward’s situation, it’s the 31-year-old’s unhappiness in San Antonio that is the driving force behind the Spurs’ trade talks on Thursday. The five-time All-Star, according to the person, is hopeful that San Antonio can find a better fit for his talents.
Rumors about the Spurs trading Aldridge emerged early in the season, as he was reportedly unhappy about Kawhi Leonard getting the spotlight. When Aldridge signed with San Antonio, it seemed Leonard could do the heavy lifting as the team’s best player and Aldridge could get outsized credit as the leading scorer. But Leonard has emerged as the go-to offensive player, pushing Aldridge into a supporting role both in reality and reputation. Gregg Popovich calling out Aldridge publicly during the playoffs surely didn’t improve relations.
Aldridge turns 32 this summer and will likely become a free agent after next season. Wanting to leave the Spurs – held up as the NBA’s best culture – will raise additional red flags.
San Antonio might not get as much as it hopes in a trade for Aldridge. If Chris Paul is coming, the Spurs wouldn’t need as much for Aldridge. But they won’t know about Paul until July.
San Antonio also values building a roster of players who’ve, as Popovich puts it, “gotten over themselves.” If that’s not Aldridge, the Spurs might not want to keep him around.
There are numerous factors to weigh and incomplete information, but this is the twisting road San Antonio is navigating.
Knicks president Phil Jackson’s asking price for Kristaps Porzingis is reportedly “massive.”
Just what does that mean?
Frank Isola of the New York Daily News:
According to a Knicks source, Jackson is asking for the third overall pick in Thursday’s draft as well as next year’s Brooklyn pick along with Jaylen Brown and Jae Crowder. This version of the deal would not include Boston taking on Joakim Noah‘s contract.
All the Knicks fans who threatened to relinquish their fandom if the team traded Porzingis – most would love this deal.
Would the Celtics? I doubt it.
The question is whether there’s a middle ground between what New York wants and what Boston would do. It’s possible Jackson won’t budge and is just shopping Porzingis on the off chance someone accepts outlandish requests like these and to teach Porzingis a lesson for skipping his exit meeting.
Like I said, there are better reasons to criticize Phil Jackson than him saying his priority was the Knicks and that he had discussed trading Kristaps Porzingis.
Jay Williams of ESPN:
A top-15 draft pick told me the other day, because we were involved in this out of this conversation about Phil Jackson and the Knicks, and he said, “Phil Jackson was falling in and out of sleep in my workout.”
Yes. “Falling in and out of sleep at my workout.” This is what this guy told me.
Especially given Jackson’s salary and reputation for not being a diligent worker, this story is too good to check out.
The NBA’s invitations to the draft are a good indicator of when players will get drafted. The league samples executives, who are more likely to be honest here than in leaks to the media, about how they rank players. So, the list is worth monitoring.
The players who will attend tonight’s draft nearly match the leaks – with one exception. O.G. Anunoby is going, and Harry Giles isn’t.
Here are the players who will be at the draft – a reasonable placeholder for the players most likely to get picked in the top 20 – via A. Sherrod Blakely of CSN New England:
Jonathan Givony of DraftExpress:
Harry Giles declined his invite sources told DraftExpress.
Did Giles decline his invite because, with his extensive injury history, he feared falling too far? Or did he just prefer to watch elsewhere?
Was Anunoby simply 21st on the NBA’s list of players to invite? Or was the league too unsure of his medical status to include him until getting a stronger grasp now?
I don’t know, but the possibility that Giles could slip or Anunoby is more secure alters my perception of their draft stock (Anunoby up, Giles down).