Malcolm Gladwell says owners shouldn’t expect to make money

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Is owning a sports franchise a business or a toy?

Right now, the NBA owners are telling you the NBA is a business, and a bad one at that. One that needs to be fixed. Even if it means costing an NBA season.

But you look at owners like Mark Cuban and you see him treat it like a toy — he has said the Mavericks have lost money every year. He has been sued over it. He can kind of erase that on the books because he also owns American Airlines Center and he has said he will cover the debt. But he treats this as a toy and bought himself a title. (Go ahead and say the Heat are trying to buy a title, but the Mavericks paid $20 million more last year in salary and in the last decade only the Knicks have paid more.) Of course, Cuban has made his money on franchise valuation, that has flattened out a lot for owners who bought recently.

In an interesting piece over at Grantland, social commentator Malcolm Gladwell — he of Blink and Outliers and TED — says that NBA owners shouldn’t expect to make financial profit off a team. He notes that owners get a “psychic benefit,” an emotional benefit from owning the team that is what makes owning a sports team different than owning a car repair shop.

The rationale for the NBA lockout, from the owner’s perspective, goes something like this. Basketball is a business. Businesses are supposed to make money. And when profits are falling, as they are now for basketball teams, a business is obliged to cut costs — which in this case means the amount of money paid to players. In response, the players’ association has said two things. First, basketball teams actually do make money. And second, if they don’t, it’s not the players’ fault. When the two sides get together, this is what they fight about. But both arguments miss the point. The issue isn’t how much money the business of basketball makes. The issue is that basketball isn’t a business in the first place — and for things that aren’t businesses how much money is, or isn’t, made is largely irrelevant….

The Financial Times recently interviewed Diego Della Valle, the chief executive of the Italian luxury goods manufacturer Tod’s. Della Valle owns the celebrated Italian football club Fiorentina. “I ask if the decision to buy the club was made from the heart, or for business reasons,” the Financial Times interviewer writes. Della Valle replies: “With football, business reasons don’t exist.” Exactly.

The question to me has become, “has that attitude changed among owners?” I would say Gladwell’s perspective was true 20 years ago, it has shifted some now. The guys who form a partnership and spend hundreds of millions to get a team — guys who are leveraged — get their psychic benefit but do not let that get in the way of the bottom line. They are the hardliners pushing for change.

But should they feel that way? Or should they enjoy the psychic benefits (and the profits they will make when the team is sold) and stop treating their toy like a business? Not sure there is one simple answer to those questions.

Klay Thompson and Andre Iguodala questionable for Warriors-Rockets Game 5

AP Photo/David J. Phillip
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Andre Iguodala missed the Warriors’ Game 4 loss to the Rockets with a leg injury.

It’s not certain he – or Klay Thompson, who played through a knee injury suffered in Game 4 – will be available for Game 5 tomorrow.

NBC Sports Bay Area:

Klay Thompson, who suffered a left knee strain during the first half of Game 4, is listed as questionable, the team announced Wednesday afternoon.

Iguodala missed Game 4 with a left lateral leg contusion and is questionable for Game 5.

Anthony Slater of The Athletic:

Warriors coach Steve Kerr on Iguodala:

He’s feeling a little better today, and he’s out on the floor. Not doing a whole lot, but making progress.

Kerr on Thompson:

Klay is moving around really well. I think Klay is going to be fine.

That sounds better than “questionable” for Thompson.

The Warriors need one, maybe both, of those two on the court. Golden State’s depth, especially on the wing, is looking shaky.

In Game 4, Golden State outscored Houston by 20 in the 31 minutes Stephen Curry, Thompson, Kevin Durant and Draymond Green played together. In the in the 17 minutes they played without even one of those stars, the Warriors got outscored by 23. Nick Young, who received more playing time when Thompson left the court area due to his injury, looked particularly overwhelmed.

James Harden‘s defense is a huge bellwether in this series. The Warriors spend a lot of focus trying to exploit him, and if that fails, the shot clock gets low before they move into another action. If Thompson is even just slowed, that’d make it easier for Harden to keep up.

Milwaukee releases video of police tasing and arresting Bucks guard Sterling Brown

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Bucks guard Sterling Brown was tased and arrestedbut not charged – over a parking violation in January.

As promised, Milwaukee released video of the incident.

Ashley Luthern of the Milwaukee Journal Sentinel:

Brown:

Bucks statement:

The abuse and intimidation that Sterling experienced at the hands of Milwaukee Police was shameful and inexcusable. Sterling has our full support as he shares his story and takes action to provide accountability.

Unfortunately, this isn’t an isolated case. It shouldn’t require an incident involving a professional athlete to draw attention to the fact that vulnerable people in our communities have experienced similar, and even worse, treatment.

We are grateful for the service of many good police officers that courageously protect us, our fans and our city, but racial biases and abuses of power must not be ignored.

There needs to be more accountability.

The Milwaukee Police Department and local officials have acknowledged the challenges they are working to address, and we urge them to enact higher standards and more direct accountability. We all want to be able to trust each and every officer serving to protect us.

Incidents like this remind us of the injustices that persist.  As an organization, we will support Sterling and build on our work with local leaders and organizations to foster safe neighborhoods and better our community.

The video isn’t jarring due to its unfortunate familiarity – particularly compared to the many videos we’ve seen of police brutality around the nation. The scene is far too familiar. Police escalate a situation and enact violence upon someone they encounter, disproportionately minorities.

The most shocking element of this incident is the response – how the police chief acknowledges his offers acted inappropriately and how STRONGLY the Bucks stand behind Brown. That is one sharply worded statement from the team.

Hopefully, this sparks change.

Joel Embiid: Aron Baynes (‘Man bun’) ‘in NBA just to get dunked on’

AP Photo/Charles Krupa
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During the second round of the NBA playoffs, Heat guard Goran Dragic slighted 76ers rookie Ben Simmons. That came after Philadelphia eliminated Miami in the first round.

The procession of disses continues with 76ers center Joel Embiid mocking Celtics center Aron Baynes during Game 4 of the Eastern Conference finals Monday. Boston, of course, eliminated Philadelphia in the previous round.

Embiid:

Baynes has gotten dunked on a lot this year – including by Embiid in the playoffs. The two also got into it during their second-round series.

But Baynes has the big edge: He’s still playing.

Though Embiid would like to be in the playoffs, that’s not his only goal. He also wants attention. So, mission accomplished, I guess.

Watch James Harden demolish Draymond Green with dunk (video)

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It got buried by a – finallyclose finish, but James Harden‘s dunk over Draymond Green in the Rockets’ Game 4 win over the Warriors last night was spectacular.

Because the foul was called early in the play, Green essentially had free reign to do anything sub-flagrant to Harden during continuation. There wouldn’t have been a second personal foul called.

Harden dunked anyway, an amazing display of athleticism and will.