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

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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.

Lonzo Ball makes expected official, declares for NBA Draft

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There was no hesitation. None was expected.

After UCLA was eliminated from the NCAA Tournament in the Sweet 16 by Kentucky, the Bruin’s Lonzo Ball — who is expected to be a top-three pick — declared for the NBA draft this June.

Ball is expected to go second or third in the upcoming NBA draft. Speaking with people around the league Washington’s Markelle Fultz is a clear No. 1, but after that if the Lakers — the team with the second-worst record in the league — have the No. 2 pick they are expected to snap up Ball. Depending on how the lottery shakes out the top of the draft, Ball could fall a little — there are teams that like Josh Jackson — but not much.

Ball is a 6’6″ point guard who averaged 14.7 points, 7.6 assists and 6.1 rebounds a game for UCLA last season. He has fantastic passing vision, impressive shooting range (although he can take some questionable shots), and a great sense of floor spacing and how to run an offense, particularly in transition. However, his weaknesses were exposed in his final game some as De’Aaron Fox of Kentucky completely outplayed Ball. Defensive pressure took Ball (and the Bruins) out of rhythm, forced them to play in the half court (where Ball is not as strong), and it’s one of the things Ball is going to have to adapt to at the next level where everyone is more athletic. Also, he’s going to need to get more consistent defensively.

The potential for Ball to be special is there, which is why he will go high in the draft.

And no, the rantings of his father will not change that. Teams see the father as a distraction that can be handled, they aren’t going to let him get in the way of drafting talent.

Watch highlights of Shaquille O’Neal’s statue unveiling outside Staples Center

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Kobe Bryant said “Thank you. I learned so much from you as a player.”

Jerry West said he loved him like a son.

Jeanie Buss said “No one celebrates a championship like you, but please no more asking Mark Madsen to dance.”

The Lakers unveiled a new statue for Shaquille O’Neal Friday night, one flying high over a Staples Center entrance, and the stars were on hand for the event. Phil Jackson was there making Snoop Dogg jokes. Shaq and Kobe were sharing laughs. It was a big night for a big man with a big personality. And a big heart.

Check out the highlights above.

Report: Knicks’ Joakim Noah to be suspended 20 games for violating league drug policy

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Joakim Noah hasn’t set foot on an NBA court since Feb. 4, and his season was all but ended when he had knee surgery at the end of February. Last summer, Phil Jackson took a $72 million gamble on an aging Noah that has not worked at all, and left New York with an anchor of a contract for three more seasons after this one.

Tomorrow it will be official Noah is done for this season, but not because of the Knicks or his injury.

During his recovery, Noah violated the NBA’s drug policy and will pay for a 20-game suspension, reports Adrian Wojnarowski at The Vertical at Yahoo Sports.

Noah tested positive for an over-the-counter supplement that is prohibited under the outgoing Collective Bargaining Agreement, league sources said.

Noah, 32, is expected to serve 10 games of the suspension to finish out the 2016-17 regular season and 10 games to start the 2017-18 season, league sources said.

The National Basketball Players Association’s investigation concluded that Noah hadn’t “knowingly or willingly” violated the policy and cooperated fully with the league’s probe, league sources said.

According to reports, this is not a substance banned in the new CBA that kicks in July 1, but was covered in the previous CBA. Over-the-counter supplements could be something put in his regular workout recovery drinks that he was unaware of, although we are unsure of the details.

Traditionally, the player has to be healthy enough to play before the league starts the suspension. Noah has been out for more than a month, but if a league doctor says he is healthy enough to play the then the clock on the suspension can start. The 10 games this season is no big deal for the Knicks, he wasn’t going to play anyway, but the 10 at the start of next season could sting (depending on how they plan to use him).

 

 

Devin Booker drops 70 points for Suns in loss to Celtics (VIDEO)

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Phoenix Suns guard Devin Booker is just 20 years old. He’s a League Pass favorite, and indeed he should be a favorite in Phoenix for years to come. On Friday, Booker dropped 70 points — yes, 70 — in a loss to the Boston Celtics.

Booker’s 70 points is the best outing of the season. It also made him the youngest player to ever reach 70 points.

His final stat line, as you might imagine, was ridiculous. Booker shot 21-of-40 from the field, going 4-of-11 on 3-pointers and a whopping 24-of-26 from the free-throw line. The Suns phenom also grabbed eight rebounds to go with six assists.

Despite the loss to Boston, 130-120, it’s still an incredible milestone for Phoenix and for Booker. There’s a bright spot out there for the Suns.