Jordan takes big gamble on Bobcats

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Michael Jordan’s gambling penchant is almost as legendary as his game. But his move last Friday is the biggest financial gamble of his life — he bought an NBA franchise.

Like a lot of small market teams, the Charlotte Bobcats are losing money, with ticket sales and sponsorship revenue down in this economy. The Bobcats have been racking up debt under former owner Bob Johnson, and according to a great story by Henry Abbott at TrueHoop, Jordan now has the responsibility for those problems.

One source close to the process says that two things changed late in the game (to make Jordan’s deal come together). One is that some of the minority owners under Johnson agreed to stay on with Jordan in the lead role (which is reflected in David Stern announcing that a majority of the team had been transferred). And, most importantly, Jordan finally decided to put himself forward as the person who would pay the many bills as they arose. It’s unknown if he brought in any new owners at all. But what sources agree on is that Jordan vastly increased his own stake in the company, to the point that Stern is now calling him the “principal owner.”

Joel Litvin, NBA President, League and Basketball Operations says “we expect that this transaction will value the Charlotte Bobcats between $275-290 million.” The Wall Street Journal explains that much of the purchase involves Jordan taking on debt.

As Abbott points out, for the last few years Jordan has had a fun toy to play with. He got to make decisions — he was the final say on all things on all things basketball — without having to pay the price. That fell to Johnson. When a minority owner decided not to chip in for his share of the losses, Johnson had to cover it. Jordan is estimated to be worth roughly $400 million — that’s a lot of money, but you burn through it fast if the team is losing $40 million a year.

Jordan is gambling again. Gambling that he can make good basketball decisions that will put a winner on the court and draw more fans. So far his record as a front office executive is spotty — he’s been fired once, but this year the team is playoff bound and exceeding expectations. Building this team cheaply will not be easy as it has traded away a lot of draft picks for upcoming years.

Jordan also is gambling he can find more investors. Some people to sit by, get to bask in the Jordan aura, and fork over big checks to do it. Checks to cover the operating losses and debt that are going to take a few years to get rid of (at best). Making that sale is going to be a lot tougher than selling Hanes T-shirts.

But, do you really want to bet against Jordan pulling it off?

Kevin Durant says Luka Doncic ‘didn’t have to go to class, study hall’

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Dallas Mavericks rookie Luka Doncic Has been a professional basketballer since he was 16 years old, first appearing with the top-tier Real Madrid squad in the ACB in 2015. Doncic has been a resident of Spain since he was 13, and as such he has needed to complete specific schooling as required by Spanish law.

Nobody told Golden State Warriors star Kevin Durant that.

In a recent comment about Doncic to media, Durant said that he felt as though part of the reason the Mavericks rookie has a leg up is because he has been able to focus on basketball for much longer than some of his American compatriots.

Via ESPN:

“He played in Europe last season. The rest of the rookie class played in college. So he’s in the second best league in the world learning how to play the game. He didn’t have to go to class, study hall, none of that extra stuff the rest of the guys had to go through, he was just focusing on his game probably since he was 14 years old. So that’s an advantage for him and you could tell that he’s not shy, he’s not afraid of the moment. And he’s going to be a force.”

Durant’s information about Doncic doesn’t appear to be based in fact. Doncic completed his Spanish schooling according to Eurohoops.net, which would mean he’s had to participate in academics up until last year. While Doncic has been a professional — and has been getting paid above board longer than other rookies — it’s not as though he hasn’t had to complete schooling.

This also raises some comparative questions about what Durant thinks goes on for kids in high-level AAU programs, top high school academies in the U.S., or even for players like Durant himself, who played just one year in college. That’s before we even get into semantics about the rigor of academics for sports phenomenons, home and abroad.

The mystery of European prospects has started to fade, but international players still have some kind of shroud hanging around them for people in the U.S., and that includes NBA players. It’s best to get out of this type of thing early and dispel it with the facts we know and have available to us. Durant was being complimentary, of course, but the Warriors forward saying Doncic has been focusing on nothing but basketball since he left middle school is a bridge too far.

In any case, there’s no doubt Doncic is going to be a force. We all picked him for Rookie of the Year, and unless someone stops him that’s exactly what he’s going to be.

Report: Lakers to change up lineups in lieu of LeBron, wins

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The Los Angeles Lakers are not a good basketball team without LeBron James. This is fairly obvious, and we knew the ultimate test heading into this season would be if James suffered an injury that kept him out for a significant period of time.

Of course we have been able to test this theory firsthand this season as LeBron has not played since a 127-101 win over the Golden State Warriors on Christmas Day. The Lakers have lost seven of their last 10 games, and so head coach Luke Walton has decided to switch up his starting lineup.

Both Josh Hart and JaVale McGee will find themselves in the reserve rotation moving forward for Los Angeles.

Via Twitter:

McGee started the season strong but has seen a downward trend in subsequent months. McGee’s rebounding numbers and have been disappointing as of late, but most shocking has been his field goal percentage. He’s been hovering in the low-60s all season long but in the month of January McGee has dipped to just 47.4 percent.

Hart has been relatively steady, although January has been hard on him from beyond the 3-point line. Typically a reliable outside shooter, Hart has shot just 17.5 percent from downtown since the start of the new year.

No doubt Walton is hoping that a change in the lineup will help alter some of the scouting opponents have against the Lakers, as well as revitalize both McGee and Hart individually.

Terry Rozier on Celtics’ challenge: “Too talented, yeah. Too talented.”

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Too many mouths to feed.

Among the many “what is wrong with the Celtics?” theories the idea that there are too many players who want touches and shots had a lot of traction around the league. Last playoffs, then rookie Jayson Tatum, second-year player Jaylen Brown, and “scary” Terry Rozier had increased roles — and thrived. They were the alphas (along with Al Horford), the guys with the ball in their hands leading a team to the conference finals, and they liked it — these are young players trying to carve out a role (or, in Rozier’s case, prove to other team’s he’s a starting point guard) and they didn’t want to take a step back. But that’s what had to happen with the return of Kyrie Irving and Gordon Hayward to the rotation. The result was a lack of a pecking order on offense, uncomfortable sacrifices, and precious little of the fluid play that got them within a game of the Finals a year ago.

Rozier seems to agree with that theory, speaking to Vincent Goodwill of Yahoo Sports in a story about Kyrie Irving’s adjustment to being a leader.

“I don’t think we’ve all been on a team like this,” Rozier told Yahoo. “Young guys who can play, guys who did things in their career, the group that was together last year, then you bring Kyrie and Hayward back, it’s a lot with it.”

When asked if the roster was too talented, Rozier didn’t back down.

“Too talented, yeah. Too talented.”

If everyone buys in, if everyone sacrifices (including Irving), if guys are willing to accept a role, all that talent can make the Celtics versatile and the team everyone expected. The team to beat in the East.

To get there will require Irving to be a leader — in words and actions. That’s more than just calling out the young core, it’s getting them involved and feeling like contributors so they are willing to make sacrifices. It’s doing the little things yourself. Can Irving do all that and turn Boston into the conference favorite we expected.

Or were Nets fans right, he is going to get frustrated and leave this summer?

The second half of this season in Boston is going to be fascinating.

Philadelphia signs Corey Brewer to 10-day contract in effort to add depth

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The Philadelphia 76ers remain a step behind Toronto and Milwaukee — and maybe Boston — in the Eastern Conference, despite adding Jimmy Butler to form a “big three” with Joel Embiid and Ben Simmons. One issue is getting those three to make sacrifices to their games and meld together. The second big issue is depth: J.J. Redick is their fourth best player, then things drop off a cliff.

Enter veteran Corey Brewer.

For at least 10 days, anyway.

The 76ers signed Brewer to a 10-day contract, the team announced Tuesday.

“For me, I love playing basketball. I just wanted another opportunity,” Brewer told NBC Sports Philadelphia. “I feel like I did enough last year that I should be on a team. But sometimes things don’t work out the right way … you can’t look it like that. An opportunity is an opportunity. I get to come here, and I gotta prove myself…

“I’m like a glue guy,” he said. “I do all the little stuff. I play hard, I’m going to run hard, and I feel like the way Ben [Simmons] pushes it, that’s right up my alley.”

Brewer is the king of the leak out and may benefit from some Simmons passes that way.

Brewer split time last season between the Lakers and Thunder, and in OKC he showed he could play a role on the right team and shot 34.3 percent from three. That fit was not evident on the young Lakers, Brewer looked out of place and struggled with his shot, which is likely why he was not able to land a guaranteed contract this past offseason.

This is a 10-day contract, the Sixers can sign him to two of those before having to either let him go or commit to him for the rest of the season. This is likely the first in a series of roster moves over the next few weeks as Elton Brand looks to find the right pieces to go around his big three stars so the team can make a push this offseason.