NBA will cancel first games next week after talks see little progress

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Tuesday was billed as they most crucial day of NBA labor talks, but the results after four hours looked exactly like every other meeting over the past several weeks:

There was incremental progress, but the two sides remain an ocean apart. And in that ocean could be a sinking NBA season that will see regular season games cancelled next week.

After Tuesday there are no more meetings scheduled both NBA league officials and union leaders said. No more meetings this week when the calendar demands it, and union executive director Billy Hunter said it could be a month before the two sides do sit down.

Both sides said the rest of the preseason has been cancelled. Commissioner David Stern said that come next Monday the league will have no choice but to cancel the first two weeks of the regular season. As the two sides are not meeting before then, the first two weeks are toast.

Usually once regular season games are missed, both sides tend to harden their positions for a while before coming back to the table. David Stern said, “We have a reset here.”

Folks, settle in and make yourselves comfortable. We’re going to be at this a while.

Here is what NBA union president Derek Fisher said, according to Yahoo’s Adrian Wojnarowski on twitter:

Fisher: “today was not the day to get this done. Not able to get close enough to close the gap.”

Fisher: “we find ourselves where we expected to be: a lockout that may jeopardize a part, or our whole season…”

The big issue remains the split of “basketball related income” (BRI), which is basically all the money that comes into the league through tickets, television and other sources (like a percentage of arena sponsorship).

In the last labor deal the players got 57 percent and Fisher said the union offered to go down to 53 percent, which works out to more than $1 billion reduction over six years, but were told that is not enough. Fisher said the owners’ latest offer was 47 percent, something Stern confirmed. Each percentage point works out to about $40 million a year, which leaves the two sides $240 million apart in the first year of the deal alone.

Stern said that he asked if a 50/50 split of BRI (under the old definition of BRI) would be acceptable to the players, but while he was polling his owners the players said no. That’s some spin by Stern there — we don’t know that the owners would have been okay with it, and a 50/50 split means the players give up 7 percent from their starting point and the owners just 4 percent.

Stern said that the cancellation of the preseason means a $200 million loss for owners and they would have to factor that in. (The reason the NFL labor deal got done in time for the preseason is those owners lost $200 million a week without preseason games, it’s a cash cow for them and they didn’t want to miss out, while NBA owners still take a hard line.) Stern said that is an economic hit for the owners.

Fisher stood at the podium flanked by stars such as Kobe Bryant, Kevin Garnett and Paul Pierce. Once again, the union was trying to look unified. If it really is or not remains to be seen.

Hunter also said union leadership would have to take another look at decertification of the union (the breaking up of the union, a tactic used by the NFL union). For the NBA players association, that has always been the plan of last resort. That they are discussing it shows where things stand.

There was no serious hope for NBA fans out of today’s meetings. In the middle of the day there was some buzz of hope after Metta World Peace — the artist formerly known as Ron Artest — tweeted that the lockout was over. Even though he was not in New York. He then said he was joking and he was filming a shoe commercial and getting to put that jersey on. It was all very Artest. And not that funny. Not to fans, not to the thousands of arena employees and others around the nation about to start missing paychecks that mean more to them feeding their families than the massive ones NBA players get.

Timberwolves president Tom Thibodeau on Derrick Rose: ‘As long as he’s healthy, he’ll be one of the best players in the league’

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Timberwolves guard Derrick Rose has already played two games better than he had all of last season. He scored 12 points with eight assists and no turnovers in a win over the Cavaliers on Friday then posted 28-5-5-2 against the Mavericks on Saturday.

But let’s not overreact to such a small –

Jace Frederick of the Pioneer Press:

If Tom Thibodeau is referring to a level of health Rose hasn’t had in several years and will never have again, that’s fine. Rose won MVP while healthy.

But if Thibodeau means just available to play without a limp, wow. His love of former Bulls extends even further than we realized.

Rose could help Minnesota in a limited role. He started to find a groove late last season, and he’s obviously starting strong this year. But this type of praise only prompts mocking.

Bulls sign Shaquille Harrison, waive Omer Asik

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Kris Dunn, the Bulls’ clear top point guard, has yet to play this season due the birth of his child. Even when he returns, Chicago’s other point guards – Cameron Payne, Ryan Arcidiacono, Tyler Ulis – are uninspiring, even as backups.

So, the Bulls added Shaquille Harrison, whom the Suns waived after agreeing to sign Jamal Crawford.

Bulls release:

The Chicago Bulls have signed guard Shaquille Harrison.

In a preceding move, the Bulls waived center Omer Asik.

Harrison is a nice pickup, one of the better free agents available and someone who plays a position of need. The Bulls could use several swings at finding long-term point guards, and the 25-year-old Harrison is a potential fit.

Waiving Asik is an interesting move. Asik was injured, and this could end the 32-year-old’s career. But Chicago loses the ability to trade his contract. Just $3 million of Asik’s $11,977,527 2019-20 salary was guaranteed, which could have been useful in a salary-accepting trade.

Instead, Asik will count $11,286,516 against the cap this season and $3 million after that. The Bulls can either pay the entire $3 million next season or stretch it to $1 million each of the next three seasons. Stretching the money would indicate Chicago still plants to be aggressive in free agency next summer. Paying all it once would suggest a more patient rebuild.

Report: Darius Bazley, who’s sitting out awaiting draft, receives $1 million guaranteed on shoe contract

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Negotiations on lowering the NBA’s age limit have stalled, though there’s plenty of time to negotiate before the targeted allowance of high school players declaring for the draft in 2022.

In the meantime, the NBA’s minor league will soon offer $125,000 salaries to 18-year-olds – up from the standard G League salary of $35,000. Will players sign those Select Contracts rather than playing college basketball, which comes with cartel-limited compensation?

Darius Bazley – who committed to Syracuse, planned to play in the NBA’s minor league then decided to sit out the upcoming season – could provide an illuminating test case. Represented by Rich Paul, Bazley signed an endorsement deal with New Balance.

Marc Stein of The New York Times:

According to Paul, Bazley’s multiyear deal will pay him $1 million “no matter what happens” with his N.B.A. career — and can pay up to $14 million if he reaches all performance incentives.

That dwarfs even the increased minor-league salary. Bazley can receive that endorsement money because he no longer cares about preserving college eligibility. The same would apply to Select Contract players.

But the shoe company would become the primary employer. If the shoe company decides playing in the NBA’s minor-league for $125,000 offers the best return on investment, that’s what the player will do. If the shoe company decides the player is better off doing something else, the player will do that.

Bazley ranked just No. 17 in his class, per the 247 composite. He projects as a late first-rounder once draft-eligible next year. The money gets even bigger with more highly touted prospects.

College basketball remains the place that offers them the most exposure, and shoe companies might continue to funnel players there with under-the-table payments. That was no longer an option with Bazley, but this ought to serve as a reminder of who drives the money for elite 18-year-old players. It isn’t the G League.

Gary Harris can’t contain smirk after getting away with fouling Kevin Durant

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Gary Harris hit Kevin Durant‘s arm during the Nuggets’ 100-98 win over the Warriors yesterday. Except officials didn’t call a foul. They did call a technical foul on Durant for arguing about it, though.

Meanwhile, Harris made this fantastic face:

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When you hit your brother and your mom yells at him.