Forbes: LeBron James most underpaid player in the NBA

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This summer, while LeBron James was going about his decision and Decision, there was an interesting question floating around:

What would James be worth on an open market?

The NBA, with its max salaries, limits what guys like LeBron or Kobe Bryant or Kevin Durant might make in a truly free market. Their value goes beyond the court — those are the guys that drive jersey sales, fill arenas home and away, bring in sponsors and increase television contracts. Some agents have called for a truly open market — what you’d end up with is stars who make huge money, a very small middle class and a lot of guys closer to the league minimum. (It is the high price of mediocrity that really hits NBA teams pocket books.)

So what would LeBron have been worth? Author and statistician Dave Berri — working with Forbes — estimated $46.5 million. Which means last season he was the most underpaid player in the NBA. (Remember, this is based on his last season in Cleveland.)

Forbes used Berry’s Wins Produced stat to do their calculations. Frankly, I’m not a huge fan of that stat, but for this purpose it’s as useful as anything else, and saying LeBron was underpaid on the open market is a no brainer.

I’m good with the rest of the list, too. Second was Durant, who was still in his rookie contract and made just $4.8 million but led the league in scoring. Third was Rajon Rondo, a guy also in a rookie deal that the Celtics wisely found a way to extend at a reasonable price for the next few seasons.

After that the top 10 rounds out with Jason Kidd, Gerald Wallace, Marcus Camby, Dwight Howard, David Lee, Lamar Odom and Al Horford (who got paid this year but is also having a career year).

Phoenix council postpones vote on Suns arena renovation

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PHOENIX (AP) — The City Council has postponed a vote on a proposed $230 million renovation of the Talking Stick Resort Arena that would keep the Suns in downtown Phoenix.

The council agreed unanimously Wednesday to postpone a decision until Jan. 23 so residents can attend five public meetings to be held around Phoenix to discuss the project.

Suns owner Robert Sarver reportedly threatened to move the franchise to Seattle or Las Vegas if not given enough public funding.

Suns President and CEO Jason Rowley says the organization looks forward to the public discussions and to answering any questions about the proposed renovation.

The deal would revamp the nearly 30-year-old arena, the oldest in the NBA that is not currently being renovated.

The Suns agreed to a 40-year lease in 1992, but the deal included a provision for the team to opt out at 30 years.

Final minute of Celtics-Wizards featured five-possession, 10-point, no-stoppage stretch (video)

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Crunch time of a close NBA game is awesome.

It’s exponentially better when nobody calls timeout.

The Celtics and Wizards finished with a flourish tonight, Boston coming out ahead in a frenetic final minute. The last minute included two Kyrie Irving 3-pointers (one tightly contested, one extremely deep) and a sharp drive by John Wall (who had just returned to the game from an injury).

After a flow-killing foul in the final few seconds, the Celtics won, 130-25.

More games should be like this.

Jeremy Lamb hits game-winner despite Bismack Biyombo, others Hornets prematurely running on court to celebrate

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The Hornets sure were excited for Jeremy Lamb‘s game-winner against the Pistons tonight.

Too excited.

After Lamb hit a jumper to put Charlotte up two with 0.3 seconds left, several Hornets ran onto the court. Bismack Biyombo was nearly at halfcourt as Detroit tried to inbound! He was so far onto the court, I’m not even sure officials noticed him when dinging Malik Monk – closer to the bench –for the violation.

Ashley Holder:

The Pistons made a technical free throw to cut their deficit to one, but they still had to inbound from under their own basket. Their desperation pass was intercepted, and Charlotte held on for a 108-107 win.

Several Hornets were certainly relieved.

Crazily enough, this isn’t the first time we’ve seen this.

Suns’ T.J. Warren fined $15k for inappropriate language toward official following ejection (video)

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Everyone on the Suns seems frustrated.

In Phoenix’s loss to the Clippers on Monday, T.J. Warren got ejected. And his outburst will cost him extra.

NBA release:

Phoenix Suns forward T.J. Warren has been fined $15,000 for directing inappropriate language toward a game official following his ejection, it was announced today by Kiki VanDeWeghe, Executive Vice President, Basketball Operations.

This wasn’t a lengthy exchange. Warren didn’t linger on the court complaining. He must have said something extremely harsh to warrant two technical fouls and a fine that quickly.

(Despite confusion, the foul preceding the ejection was called on Deandre Ayton, not Warren.)