LeBron James and Chris Bosh re-up with their respective teams…before being traded to the Heat

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Thumbnail image for wade_bosh-James.jpgWith a sequence of events as massive in scale as the LeBron-Bosh coup, we all knew it couldn’t be simple. Sure, LeBron James, Dwyane Wade and Chris Bosh could have each theoretically signed free agent deals outright with the Heat, but doing so would’ve likely left Miami in a painful salary cap situation despite their undeniably effective trio.

So instead, the Heat made two separate sign-and-trade deals to help secure their two incoming superstars to longer contracts that will also afford them more financial flexibility for the upcoming season.

The Heat sent two first-round picks (Miami’s lottery-protected 2011 first-round pick and a future pick that Toronto already owed to the Heat) to the Raptors in exchange for a signed Bosh, who will commit for six years rather than the maximum five the Heat could offer. Similarly, the Cavs signed James to a six-year deal in exchange for two future first-round and two second-round picks. Both the Raptors and Cavs will also acquire rather sizable trade exceptions, worth approximately $15 million each.

This is good news for Toronto and Cleveland; future draft picks may not be quite as sweet as LeBron or Bosh, but it does at least give those franchises something in return. They aren’t likely to be very high (if Miami is as good as they look today, we’re looking at the tail end of the first round), but there are still rotation players to be found that late if teams look hard enough. Plus, the huge trade exception acquired by each team could end up scoring impressive returns (Al Jefferson, anyone?).

Meanwhile the Heat have … well, I’m not sure. It’s not immediately clear how the Bosh and James’ deals will be structured, however the two of them and Dwyane Wade all took less money each year to free up room to bring in players to put around them. The details of how much has not yet leaked out. 

However, according to our own Ira Winderman, the Heat may have cleared enough room to make a reasonable offer to power forward Udonis Haslem, though Haslem hardly fits any of Miami’s most glaring needs. This team is hurting badly at center, and while highly-skilled 5s don’t typically slum it with their free agent deals (Darko Milicic nabbed $20 million over four years), one would think that Haslem money could yield a better fitting big than Udonis. Haslem is a very useful player, but he’s just not the right guy for Miami’s coin.

Plus, the Heat’s biggest problem at present is depth, and surrendering every conceivable first-rounder for the next decade isn’t going to help that. NBA rules prevent Miami from trading first-rounders in consecutive years, so it won’t kill them too much in the short-term. Still, Miami hasn’t left themselves with all that many options to acquire talent going forward. The sheer magnitude of their three stars may render that irrelevant (as well as the allure for veteran free agents to sign cheap contracts in order to play on this team), but torching future flexibility is rarely a good thing.

Mavericks will have Dirk Nowitzki logo on court this season (PHOTO)

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Many teams had decided to get nostalgic this season. The Portland Trail Blazers have a special 50th anniversary court, the Denver Nuggets have some cool new jerseys, and the Memphis Grizzlies are kicking it back to their days in Vancouver.

But the Dallas Mavericks are winding the clock back to just last year.

It appears that Dallas will have a Dirk Nowitzki-shaped logo on their court next season. The logo looks like a watermark in the shape of Nowitzki’s famous one-legged fadeaway.

Via Twitter:

It looks like Mavericks players are already having fun at the expense of Nowitzki, and this is a great tribute that Dallas fans are sure to love.

Marc Gasol completes historic double, Spain wins World Cup

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BEIJING (AP) — Marc Gasol looked to the sky as confetti fell, some sticking to his massive shoulders, and then cradled and kissed the giant golden chalice that goes to the World Cup champions.

He’s getting good at hoisting trophies.

Gasol got to bask in a championship celebration for the second time in three months — and this time, he did it for his country. Tournament MVP Ricky Rubio scored 20 points, Sergio Llull added 15 and Spain won the World Cup for the second time by topping Argentina 95-75 on Sunday.

“We weren’t the most talented team,” Rubio said. “We weren’t the bigger team. Put anything you want, but we were the team with the biggest heart and we showed it tonight and we showed it during the whole tournament.”

Gasol scored 14 for the winners, who never trailed and added this crown to the one it claimed in 2006. And for him, 2019 will go down as a year the likes of which few others have enjoyed.

The Toronto Raptors center becomes the second player to win an NBA title and a FIBA world gold medal in the same year, joining Lamar Odom — who did it for the Los Angeles Lakers and USA Basketball in 2010. Gasol also became the 19th to win either an NBA or WNBA crown along with a gold medal, either of the Olympic or World Cup variety, in the same year.

The first 18 all did it for the U.S.

This time, Vamos España!

“NBA champion and a World Cup champion as well,” Gasol said. “What can I say? How does it sound to you? I feel very fortunate to be in this position and be able to play this game and help these guys be part of history of Spanish basketball.”

Llull and Rudy Fernandez — the team captain, the one who initially got to accept the Naismith Trophy — went to cut down the nets shortly after the final buzzer. Gasol carried the game ball to the gold-medal ceremony, and Spanish fans wept in the stands during the national anthem.

Gabriel Deck scored 24 points for Argentina (8-1), which got off to a slow start and played uphill the rest of the way. Luis Scola was held to eight points, shooting 1 for 10 from the floor.

“We’re sad right now. We’re very sad,” Scola said. “But I feel confident, in hours, we’ll be able to look back and be very proud. They just played better than us. They were better. They deserved to win. They were the better team in the game and the tournament.”

Spain led 43-31 at intermission, after putting together a 14-2 run to open the game and a 17-1 run later in the half.

“This is basketball,” Argentina coach Sergio Hernandez said. “If you play better than the other team, you win the game. And Spain was the best team today.”

Scola, even at 39 years old still Argentina’s best player throughout the tournament, didn’t get on the scoresheet until he made a pair of free throws with 2:57 left in the third quarter. But they only cut the Spain lead to 19, and by then the Argentinian fans who stood, sang and chanted for much of the game were relatively quiet.

The day belonged to Spain.

And the year belongs to Gasol.

“It’s unbelievable,” Gasol said.

Watch highlights from France taking bronze at World Cup, beating Australia 67-59

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Just as they did five years ago at the last World Cup, France has come away with the bronze medal.

The French came from 15 down at one point to beat Australia 67-59 and win the third-place game at the FIBA World Cup in China. Former Spur Nando De Colo led the way for France with 19 points, Orlando’s Evan Fournier added 16 but on a rough shooting night (5-of–17), and Charlotte’s Nicolas Batum added nine points and six assists. You can see the game’s highlights above.

After the game, Fournier was talkative, including slamming the travel and schedule of this World Cup, spread all across China.

Utah was led by 17 points from Utah’s Joe Ingles and 15 from San Antonio’s Patty Mills.

Michael Jordan sells portion of Hornets to two new partners

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CHARLOTTE, N.C. (AP) — Michael Jordan is adding two partners to the Charlotte Hornets’ ownership group, selling them each a portion of the NBA franchise.

Gabe Plotkin, founder and chief investment officer of Melvin Capital, and Daniel Sundheim, founder and chief investment officer of D1 Capital, have joined the Hornets as partners, pending NBA approval.

Jordan, a six-time NBA champion, will remain the majority owner.

Jordan said in a statement released by the team Saturday that he’ll continue to be the man making decisions about the direction of the Hornets.

“I’m excited to welcome Gabe and Dan as my partners in Hornets Sports & Entertainment,” Jordan said. “While I will continue to run the Charlotte Hornets, make all decisions related to the team and organization, and remain the team’s NBA Governor, Gabe and Dan’s investment in the franchise is invaluable, as we continue to modernize, add new technology and strive to compete with the best in the NBA. Both Gabe and Dan are industry standard-setters and proven leaders, with a belief in philanthropy and a passion for the game of basketball. They share my commitment to Charlotte and the Carolinas, and I look forward to working with and learning from them.”