money

Union for players advises them to receive checks over 18 months instead of 12 to prepare for possible lockout

20 Comments

When the NBA owners have locked out the players to negotiate more favorable terms under a new collecting bargaining agreement in the past, they have typically had an unfair leverage advantage the longer those talks dragged on.

Players stopped receiving paychecks for the new season on Nov. 15 in the absence of an agreement, and since many hadn’t planned for this contingency, the personal financial squeeze was enough for them to cave to a new, less favorable deal, perhaps prematurely.

In an effort to prepare for a potential work-stoppage following the 2017 season, when both players and owners will have the right to opt out of the current deal to form a new one, the union is advising players who are free agents this summer to consider taking payments over a longer schedule when structuring their new contracts.

From Scott Soshnick of Bloomberg:

National Basketball Association free agents, including All-StarsLeBron James and Carmelo Anthony, are being advised by their union to take paychecks over 18 months instead of the usual six or 12 as a way of preparing for a possible lockout.

Owners and players can opt out of the existing labor contract after the 2016-17 season.

An 18-month payment schedule would allow a player to continue receiving paychecks through the 2017-18 season, even if games aren’t played because of a work stoppage, according to an e-mail sent to players and agents by acting union Executive Director Ron Klempner, a copy of which was obtained by Bloomberg News.

“As we have learned in the past, the owners have made provisions with the TV networks to continue to receive rights fees throughout a work stoppage, and there is no reason the players should not make every effort to take the same precaution,” the e-mail said.

This is bad financial advice, obviously, because in theory one would want to receive the most money possible at the earliest possible moment, in order to maximize the opportunity to invest those funds to gain even the most modest of returns.

Kobe Bryant, for example, receives 80 percent of his annual salary in a lump sum payment at the beginning of each season.

But the reality is that there are plenty of players who struggle to properly manage their finances, and have monthly expenses that would quickly cut into any savings if those paychecks were to cease for an extended period of time. For that reason, the NBPA believes it’s making the smart move by advising its players to make sure the cash keeps coming in when (not if) the next work stoppage takes place.

Magic had one highlight: Aaron Gordon in transition with dunk (VIDEO)

Leave a comment

Golden State didn’t have much trouble with Orlando Sunday, pulling away in the second half as Stephen Curry and Klay Thompson each had seven threes.

But the Magic did have one highlight: Elfrid Payton found Aaron Gordon in transition and we know the man can finish. Enjoy.

 

As expected, Last Two-Minute report says DeMarcus Cousins didn’t foul Dwyane Wade

2 Comments

It was an obviously wrong call. NBA officials get far, far more right than wrong over the course of a game — there are not better referees on the planet (watch FIBA ball someday) — but they are human, and they make mistakes. Sometimes pretty egregious ones. And that’s what happened at the end of the Kings/Bulls game.

And that’s what happened near the end of the Kings/Bulls game. Dwyane Wade went up for a layup/dunk he missed, but he landed a bit awkwardly and a referee apparently thought that was because DeMarcus Cousins touched him. The foul was called, even though Cousins did not foul Wade in the least.

The NBA’s Last Two Minute Report agreed:

Cousins (SAC) has his hand on Wade’s (CHI) back while he is airborne, but he does not extend his arm and push him and the contact does not affect the shot attempt.

This was expected. Of course, that does not mean the teams will replay the end of the game, it just means the NBA admits there was a mistake. One that may have changed the outcome of the game. But that original outcome stands.

DeMarcus, how do you feel about that?

Dirk Nowitzki starts Mavericks toward 122-73 rout of Lakers

Dallas Mavericks forward Dirk Nowitzki (41) reacts after scoring during the first half of an NBA basketball game against the Los Angeles Lakers, Sunday, Jan. 22, 2017, in Dallas. (AP Photo/Ron Jenkins)
Associated Press
1 Comment

DALLAS (AP) — Dirk Nowitzki and the Dallas Mavericks had something to prove on Sunday following two straight tough losses.

Coming off a three-point effort in an overtime loss on Friday, Nowitzki scored all 13 of his points in the first half and Dallas gave the Los Angeles Lakers the worst loss in their history, 122-73.

“We didn’t show up to play,” Lakers coach Luke Walton said. “It’s embarrassing for us as a team and for us as an organization. The effort just wasn’t there tonight, which I don’t understand.”

The 49-point defeat just edged Los Angeles’ two previous worst losses at 48 points, most recently 123-75 at Utah on March 28, 2016.

The Mavericks’ winning margin was the third-largest in their history.

It was Dallas’ 13th straight win over the Lakers, who have lost six of their last seven games overall.

After a season-best three-game winning streak, the Mavericks had blown a nine-point halftime lead at Miami on Thursday and lost to Utah on Friday.

Nowitzki was 1 for 13 against the Jazz, including a missed 3-pointer that would have tied the game in overtime.

“I looked sluggish the other night on that back-to-back,” Nowitzki said, “but took a day off yesterday, didn’t do anything. Felt a lot better today.”

The game was close for 10 minutes, with Dallas leading 23-22 before the Mavericks scored the next 15 points to blow it open. Nowitzki had seven points during the run. He played just 20 minutes.

Justin Anderson led seven Mavericks in double figures with a game-high 19 points in 16 minutes, his most playing time since Dec. 27.

The Mavericks led 67-33 at the half and never looked back. They both scored their most points and allowed the fewest in a half and a game this season. The 34-point halftime lead was the third-largest in franchise history.

The Lakers scored their fewest points in a quarter, a first half and a game.

“What’s deflating is that we didn’t guard anybody tonight,” Lakers forward Julius Randle said.

Lou Williams led the Lakers with 15 points.

Dallas’ Seth Curry scored 14 points, including seven straight in the first quarter.

Wesley Matthews and Deron Williams also had 13 points. Devin Harris and Pierre Jackson scored 10 each. Rookies Jackson and Nicolas Brussino (eight points) each reached career highs.

TIP-INS

Lakers: They played without D'Angelo Russell, second on the team at 14.3 points per game. An MRI taken Saturday showed a mildly sprained right MCL and strained right calf. That left the Lakers with rookie Brandon Ingram starting at point guard, and they had a season-low 10 assists. … Larry Nance Jr. (bone bruise, left knee) returned after missing 16 games and scored four points.

Mavericks: Dallas’ record winning margin was 123-70 win at home over the 76ers on Nov. 13, 2014. They beat the Knicks 128-78 in New York on Jan. 24, 2010. … J.J. Barea missed his 26th game this season because of a strained left calf aggravated on Friday. Coach Rick Carlisle said he didn’t expect Barea back until after the All-Star break (Feb. 24 at the earliest). Andrew Bogut (strained right hamstring) could return this week, according to Carlisle.

LENDING A HAND

Mavericks G Deron Williams moved into 20th place in NBA history with 6,715 assists, passing Kevin Johnson. Williams has had at least seven assists in seven straight games; on Sunday, he had eight, seven by halftime.

LONG-RANGE

Nowitzki tied J.R. Smith for 15th place in 3-point field goals by making one for a total of 1,729.

 

Celebrating anniversary of Kobe Bryant’s 81-point game (VIDEO)

3 Comments

Sorry to bring this up Raptors fans…

It was 11 years ago today (Sunday) that Kobe Bryant dropped 81 points on the Toronto Raptors in an eventual Lakers win. We thought it would be fun for everyone south of the border to take a walk down memory lane.

Remember, this was not just Kobe padding stats, the Lakers were on a two-game losing streak and were down 14 at the half to the Raptors. This was a Lakers team that started Kwame Brown and Smush Parker — I still say getting this team to the playoffs was one of Phil Jackson’s great coaching jobs — and the Lakers needed Kobe to step up and take over. So he did.