LeBron James’ return could mean $500 million boon to Cleveland

29 Comments

The narrative around LeBron James’ return to Cleveland is that of homecoming. That is what he said in his letter and that has resonated not just in Northeast Ohio but nationally (well, not so much in Miami, but everywhere else).

The other side of this is it is a big financial win for Cleveland.

Not just for the Cavaliers — although the value of that franchise just skyrocketed and the amount of sponsor dollars flowing in will become a river — but also for the City of Cleveland. That according to Bloomberg.

The return of the star forward to his hometown Cleveland Cavaliers will have a $500 million a year impact on the local economy, with a boost from additional ticket sales and other spending, County Executive Ed FitzGerald said today….

Based on calculations by the Cuyahoga County Fiscal Office, James’s return will increase the benefit from Cavs games alone to about $268 million. Average attendance increased from about 12,000 before James joined the team to about 20,500 during his final season, the county said. Although attendance has slipped, officials expect sold out games next season with James on the court.

Other spending increases will come at restaurants, convention business and hotels, FitzGerald said. Anticipated benefits include a $34 million increase in annual spending by fans at games to $170 million a year plus 500 additional jobs supported by the Cavaliers, the county said.

As fans we always talk about wanting owners to get name players for our selfish reasons — we want to see our teams win. But there are other motivations for them, the NBA is a business and star players such as LeBron James, Kevin Durant and others bring in far, far more money than their max salaries can pay. Superstars are a real value.

And Cleveland just got back the biggest one of all.

GM Bob Myers: Steve Kerr can coach Warriors ‘as long as he wants’

Justin Sullivan/Getty Images
Leave a comment

Rick Carlisle coached 13 seasons, including seven in Dallas, when the Mavericks stated he could coach them as long as he wanted.

Steve Kerr needed just three seasons with the Warriors.

Monte Poole of NBC Sports Bay Area:

Kerr has done an amazing job in Golden State, implementing a pace-setting offense predicated on movement and fine-tuning a quality defense.

It helps to have great players like Stephen Curry, Draymond Green, Klay Thompson and eventually Kevin Durant. But Kerr has maximized them. He has also played a prominent role in establishing a productive culture throughout the entire organization.

Of course, health is the big catch. Kerr has missed significant time the last two years due to complications from back surgery. He’s looking forward to a long career, but those headaches and pains aren’t far in the rearview mirror.

Kerr clearly knows how to win with this super team, not necessarily as easy of a task as it appears. He has more than earned the right to stay on the bench for the Warriors’ next iteration, whenever that comes.

Hotshot coaches can fade quickly, but Kerr has established an unprecedented amount of goodwill so quickly. Hopefully, he stays healthy enough to take up Myers on his pledge.

Report: NBA not headed toward 1-16 playoff seeding

Ronald Martinez/Getty Images
1 Comment

NBA commissioner Adam Silver said the league would continue look at 1-16 playoff seeding.

Ken Berger of Bleacher Report:

Silver is well-intentioned on this issue, and open-minded, too—as he is on most agenda items that could, in theory, make the league better. But despite his willingness to discuss postseason reformatting, multiple people familiar with league discussions say it’s not anywhere near the top of the agenda.

After its analysis of the issue in ’15, the league concluded that, for a variety of reasons, it wasn’t sensible to change the playoff format. The two key factors, according to league sources, were 1) travel; and 2) a belief among league officials that conference imbalance was a temporary trend that would correct itself, as it typically has in the past.

For playoff qualification to truly be fair, teams would have to play a balanced schedule. As is, teams play teams in their own conference 52 times and teams from the other conference 30 times.

More 10 p.m. starts on the East Coast and 4 p.m. starts on the West Coast would hurt TV ratings.

Plus, as relative conference strength exists now and has existed for several years, 1-16 playoff seeding would make it harder for bigger Eastern Conference markets and easier for smaller Western Conference markets to qualify for the postseason.

Quality of competition matters, and there would be value in the NBA building a playoff field of its 16 best teams. But follow the money. There isn’t nearly enough urgency with this issue to overcome the direct financial setbacks reform would cause.

Draymond Green’s MRI comes back negative

Ezra Shaw/Getty Images
Leave a comment

The Warriors can exhale. Their status as overwhelming championship favorites remains intact.

Draymond Green injured his knee in Golden State’s season-opening loss to the Rockets, but it appears he didn’t suffer major damage.

Monte Poole of NBC Sports Bay Area:

Even if Green misses a little time, the Warriors should be fine. They can cruise until playoffs – maybe even a round or two into the playoffs.

Kevin Durant and Stephen Curry are Golden State’s best players, but Green’s defense is so important, especially in small-ball lineups with him at center. The Warriors led Houston by 13 when Green left the game and then couldn’t get enough fourth-quarter stops in a one-point loss.

Golden State values rest and built a supporting cast around its stars to follow through. If Green misses tomorrow’s game against the Pelicans or any beyond, Jordan Bell, David West, Kevon Looney and Omri Casspi could all see bigger roles.

Report: Grizzlies starting power forward JaMychal Green out several weeks

Steve Dykes/Getty Images
1 Comment

The Grizzlies are undefeated, having topped another playoff hopeful (Pelicans) in their season-opener.

But things seem tenuous in Memphis.

Not only is Chandler Parsons feuding with Grizzlies fans, JaMychal Green is hurt.

Shams Charania of Yahoo Sports:

The supporting cast looks rickety around Mike Conley and Marc Gasol unless second-rounder Dillon Brooks (19 points on 7-of-13 shooting +17 against New Orleans) keeps humming. And maybe even still then.

Green’s injury opens the door for bigger roles for Jarell Martin and maybe Parsons (gulp).

At least Green locked in his guaranteed money. This shows why he couldn’t afford to risk taking the qualifying offer.