Tag: LeBron James Decision

Dan Gilbert

Cavaliers may be losing but Dan Gilbert is making big money


On the court, Cleveland is an unmitigated disaster. They’ve won one game since the start of December. They are losing big.

On the accountant’s ledger, the Cavaliers are winning big.

It’s the remnants of the LeBron James era — money committed before he was gone more than covers a post-LeBron payroll, as Jason Lloyd explains at the Beacon Journal.

The Cavs’ standard marketing plan, which forced season ticket holders to renew for this season before last year’s playoffs if they wanted postseason tickets, will ensure owner Dan Gilbert his best year financially despite the woeful product on the floor.

LeBron James, Shaquille O’Neal and Zydrunas Ilgauskas combined to make about $50 million last season as the Cavs’ payroll hovered around $100 million the last few years. It is now about half of that.

In addition, Gilbert will not have to pay a luxury tax this season after writing checks totaling more than $40 million in cap penalties the last three years. Instead, he’ll now receive a portion of that money.

Big-money sponsorship deals with the likes of KeyBank, Kia and others were locked in before James departed and the team is in the midst of a $25 million deal with Fox Sports Ohio for television rights.

The Cavaliers consecutive sellout streak just came to an end a couple weeks ago based off old momentum. Payroll is down to $52 million. Those sponsorships will come down but are paying big now.

No doubt Cavs owner Dan Gilbert would trade all the profits back to be title contenders again. (And yes, his accounting is done in Comic Sans.) He may not be the ideal owner but he’s not Donald Sterling. He cares. He may not always be smart about it but he’s not in it just for a profit. He has been willing to spend, on players and on a beautiful new practice facility. That said, you can expect that payroll to stay low for a few seasons as they try to build through the draft and with youth.

The NBA is a business, not going to knock Gilbert for making some money either. So long as much of it gets reinvested in the team.

‘Melo talks to LeBron, adds situations are different

Olympics Day 14 - Basketball

Not a lot of people have been in Carmelo Anthony’s shoes — a legitimate NBA superstar pushing his way to a new team at the peak of his career.

One guy who did — LeBron James. Anthony told the media Wednesday he and LeBron have spoken recently, but added the situations are very different (via the twitter of Chris Tomasson of FanHouse).

I wouldn’t compare my situation to (James’). It’s kind of different for me because I’m actually playing through it whereas for him he dealt with it in the offseason. (LeBron) just tells me to stay strong and keep doing what I’m doing and keep going out there and playing the way I’m playing.

Both players have been accused of having a massive ego driving their decisions. But I would argue that what Anthony has done with the Nuggets is infinitely fairer to the franchise — he has essentially given them notice he is gone. Like you would to your boss (if you liked your job). He is giving them a chance to get some value for him and jumpstart the rebuilding process. You may not like the process or how it’s been done, but in two years the Nuggets will be in a better place than the Cavaliers because Anthony essentially gave them notice.

Anthony and James can talk about it face-to-face Thursday, when the Heat take on the Nuggets in Denver.

Paul Silas says LeBron treated Cavaliers just like teams treat players

Cavaliers v Wizards

Among the seemingly innumerable things LeBron James has been criticized for — from the legitimate to the ludicrous — was the complaint that he needed to let Cleveland know much farther in advance he was gone. If he was not coming back, he had an obligation to let them know so they could get something for him in a trade rather than him just walking away and crushing the franchise.

Poppycock, said Bobcats coach Paul Silas. Remember that Silas was LeBron’s first coach in Cleveland so when the Bobcats took on the Heat Monday he was asked about it.

“I’ve been on buses where the general manager gets on the bus and tells a player he’s traded. They don’t (let) him know ahead of time,” Silas said. “Why should (James) let people know? He did what he wanted to do and he had that right. He gave the Cavaliers seven great years.”

It’s true that often teams give players no warning about uprooting their families and lives and sending them across the nation.

As Henry Abbot wisely points out at TrueHoop, how you view what LeBron did in not notifying the Cavaliers goes to how you view their relationship. If it is simply employee/company and he fulfilled his contract then he has every right to leave without notice. But if you view sports more like a marriage with cooperation between to highly profitable ventures (players and franchise), then leaving without notice like that is cold and cruel. The fans of Cleveland certainly felt that way, but that is different from the business itself.

As with most things, the truth likely is in the middle somewhere and not always crystal clear. I’ve said before that I think how Carmelo Anthony is dealing with Denver – as ugly as it is and will play out to be — is more fair to the organization than what LeBron ended up doing.

But when did LeBron really know he was leaving? Remember that throughout last season and up to the playoff loss to Boston — and even after it for many — it was believed LeBron would stay. Views were conflicting, but that was the conventional wisdom and every leak seemed to say Cleveland was certainly in the mix.

If Cleveland really was in the mix until the end than I’m not sure how you ask LeBron to treat them a lot differently. Call a day or week earlier, does that really change anything? However, if Cleveland was out of the picture before the trading deadline (or was never really in the picture at all) then what he did was pretty cold.

I tend to think he didn’t really plan to leave; rather he planned to bring Chris Bosh or someone else in. He only left when that didn’t work and Miami presented itself. And if that is true, the unfortunate ending of the LeBron and Cavaliers relationship may never have played out much differently.