Larry Bird offers lame rationale for losing Lance Stephenson

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Lance Stephenson turned down the Pacers’ five-year, $44 million contract offer.

Instead, he accepted just $18 million guaranteed over two years from the Hornets.

Did Stephenson lose free agency? Not necessarily.

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He’ll earn more per year in Charlotte than he would have in Indiana, $9 million vs. $8.8 million, and he’ll hit free agency again sooner. (Stephenson also has a $9,405,000 team option in the contract’s third year, according to ShamSports.com.)

Stephenson is essentially betting on himself, that he’ll command a bigger contract in three years than he would have gotten by locking in long-term with the Pacers now.

That’s a risk, but a defensible one. Stephenson is a great fit in Charlotte, where Steve Clifford values defense and needs Stephenson’s offensive firepower. And the salary cap might skyrocket with a new television deal. All contracts might be substantially larger in 2017.

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But left in the dust, Larry Bird is trying to spin his version of events.

Bob Kravitz of USA Today:

Stephenson’s people wanted more, wanted $12 million to $14 million from the Pacers, according to the team’s president. They were looking for a $55 million contract. When the offer came in at $44 million, they scoffed.

“I really feel bad about losing (Lance Stephenson) him,” (Larry) Bird said. “I hope it doesn’t interfere with our relationship. But I did what I could possibly do to keep him here. Even if he didn’t have any other offers, I was committed to giving him that $44 million because I believe in the kid. If you look at our roster, we have five or six guys in the last year of their deals, plus David (West) and Roy (Hibbert) can opt out, so don’t you think I wanted to keep Lance and Paul (George) locked into long-term deals?”

Just read this part again: “Even if he didn’t have any other offers, I was committed to giving him that $44 million because I believe in the kid.”

Bird did a lot for Stephenson, drafting him and helping him grow up. Without Bird, Stephenson might be out of the NBA right now.

But committing to $44 million because you believe in him? Give me a break.

Bird offered $44 million, because he believed that provided the Pacers value within their limitations (likely remaining under the luxury tax). If he believed Stephenson’s best offer would be a minimum contract, Bird sure wasn’t offering Stephenson $44 million.

No matter how the Pacers try to come out smelling like roses, they declined to offer Stephenson enough money to keep him. Even if Bird thought $44 million over five years was enough, it wasn’t.

Stephenson wanted a bigger contract or flexibility go get one soon. Bird wouldn’t or couldn’t deliver that, so Stephenson left. It’s that simple.

Spare me the spin about Bird believing in Stephenson.

Stephenson believed in himself more than Bird believed in him, and that’s why the Hornets have a new guard. Maybe Stephenson will regret that, but he didn’t owe Bird re-signing in Indiana because that $44 million was a kind act out of the goodness of Bird’s heart.

Bird was playing the game – just like Stephenson did.

 

Report: Magic’s search firm inquiring about Larry Bird

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Larry Bird resigned as Pacers president.

Not just today, but also in 2012. A year later, he was again running a front office (Indiana’s).

Could he make an even quicker leap back into NBA team presidency – with the Magic?

Adrian Wojnarowski of Yahoo Sports:

This strikes me as more as Orlando’s search firm trying to prove its usefulness than a viable option.

Whether they’re trying to generate excitement, getting used for leverage or actually serious, the Magic keep getting linked to big-name replacements for the fired Rob HenniganDoc Rivers, David Griffin and now Bird. If the Magic are willing to pay major money for name recognition, they could get plenty of people to at least listen. But I’m unconvinced about that spending.

It’d be a little weird for Bird to inherit Frank Vogel, whom Bird fired as the Pacers’ coach. But Bird did everything he could to show that was more about seeking change than losing faith in Vogel.

Report: Larry Bird stepping down as Pacers president

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Larry Bird put his stamp on the Pacers in the last year –  firing Frank Vogel and trading for Jeff Teague and Thaddeus Young to join hand-picked Monta Ellis and Myles Turner as Paul George‘s supporting cast on an up-tempo, offensively dynamic team.

The plan fell flat.

Indiana played at a below-average pace and produced a middling offense. The Pacers got swept by the Cavaliers in the first round of the playoffs.

Now, Indiana’s uncertain future – with Paul George a year from free agency and the Lakers courting – gets even more chaotic.

Adrian Wojnarowski of Yahoo Sports:

Bird had already resigned once as Pacers president, in 2012. He returned the following year.

Bird’s patience and pain tolerance for the job due to lingering back issues from his playing days has long seemed to waver. I wouldn’t write him off for good.

Indiana promoted Kevin Pritchard in 2012, when Bird previously stepped down. Pritchard previously worked as the Trail Blazers’ general manager, and he’s a qualified replacement.

The work begins immediately with a decision on George. If he doesn’t make an All-NBA team, the Pacers won’t gain as much financial advantage in his contract offer. That could open the door to a trade and rebuilding around Turner — or making a last-ditch push to convince George he can win in Indiana.

Report: Clippers expect Chris Paul to re-sign

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Chris Paul reportedly verbally committed months ago to re-sign with the Clippers. There have been mixed signals about Blake Griffin‘s intention to re-sign.

But they can’t formalize the deals until July, and the Clippers are now one game from another demoralizing first-round exit.

Where do they stand now?

Kevin Arnovitz of ESPN:

Sources close to the Clippers say that they expect Paul to re-sign with the Clippers. He’ll be eligible for a five-year contract in excess of $200 million. Griffin’s return is less certain, sources say. This summer is his first foray into unrestricted free agency. Given his snakebitten tenure with the team and the possibility of another early exit, the prospect of exploring what’s out there will be alluring. One premise volunteered in good humor suggests that Paul is more likely to take a slew of meetings in a public process but ultimately re-sign with the Clippers, while Griffin is more likely to mull the decision privately under the guise of night, but announce he’ll be playing elsewhere in 2017-18.

Clippers president/coach Doc Rivers has made clear his desire to re-sign Paul and Griffin, and the playoffs won’t change that. This is the right call. It’s so difficult to assemble a team this good, the Clippers shouldn’t throw it away for the sake of change. Just because the Clippers haven’t gotten the breaks in previous seasons doesn’t mean they won’t get the breaks in future seasons.

But Paul and Griffin – and J.J. Redick, who’ll also be an unrestricted free agent – will determine the franchise’s fate. If they want to leave, they’ll leave.

Can the Clippers lure them back? They apparently think they’ll keep Paul, but there’s an uncertain dynamic in L.A. that Arnovitz explores in great depth. I highly recommend reading his full piece.

Nike, Adidas, Under Armour pass on potential No. 1 pick Lonzo Ball

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NBA teams reportedly aren’t dinging potential No. 1 pick Lonzo Ball over all the wild stuff his dad says and does.

Shoe companies are apparently taking a different approach.

Darren Rovell of ESPN:

An endorsement deal with Nike, Under Armour or Adidas is not in the cards for Lonzo Ball.

Ball’s father LaVar confirmed that the three shoe and apparel companies informed him that they were not interested in doing a deal with his son. Sources with the three companies told ESPN.com that they indeed were moving on.

In his meetings with the three, LaVar insisted that the company license his upstart Big Baller Brand from him. He also showed the companies a shoe prototype that he hoped would be Lonzo’s first shoe.

“We’ve said from the beginning, we aren’t looking for an endorsement deal,” LaVar told ESPN. “We’re looking for co-branding, a true partner. But they’re not ready for that because they’re not used to that model. But hey, the taxi industry wasn’t ready for Uber, either.”

“Just imagine how rich Tiger (Woods), Kobe (Bryant), Serena (Williams), (Michael) Jordan and LeBron (James) would have been if they dared to do their own thing,” LaVar said. “No one owned their own brand before they turned pro. We do and I have three sons so it’s that much more valuable.”

Is there more upside in this approach? Yeah, I guess.

But the traditional shoe companies bring valuable infrastructure and experience. There’s value in forfeiting upside for those resources. Lonzo Ball, who has yet to play in the NBA, is also missing out on guaranteed life-changing money.

On the risk-reward curve, this seems like a mistake.