Jazz show how small markets can stay afloat, but winning costs

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The Salt Lake Tribune did a fantastic story over the weekend looking at the finances of the Utah Jazz and how that ties to the fortunes of late owner Larry Miller. It’s a great bit of reporting.

Some interesting tidbits out of that is how the Jazz have a passionate fan base — they averaged 19,511 people per game (seventh in the NBA) and had the second best television ratings and third best local sponsorship deals. This is a small market team that has kept fans happy and is rewarded with a loyal following and good revenue streams.

And yet they lost money. Why? Because you have to spend with the big boys to compete for rings and the Jazz were trying to do that, which left them with big contracts on the books. The blog SLC Dunk breaks it down well.

That of course is because the team was a luxury-tax payer for the first time ever starting with the 2010 season. They committed to that once Carlos Boozer, Kyle Korver, and Mehmet Okur all picked up their player options in a down off-season. They also had Andrei Kirilenko’s contract still on the books. In addition, Deron Williams’ max contract extension kicked in. So while they may not have been planning on going into the luxury tax that season, they knew it was a possibility. As a result, the team lost their first-round pick in Eric Maynor as he was traded to Oklahoma City in order for the Thunder to take Matt Harpring’s contract. That move saved them $12 million ($6 million for Hapring plus matching tax).

Last season also saw the Jazz go into luxury tax territory as they used a traded player exception received from Carlos Boozer going to Chicago in order to sign Al Jefferson. Again, AK’s deal was still on the books, Okur had a $10 million deal, and Williams was making the max. After a promising start to the season, the Jazz faltered and never materialized into a contender. The choice to go into the luxury tax last season was a little more of a conscious decision in an effort to remain a contender and to help appease Williams.

The owners will use this as an example of why the system needs to change, they will mask it as “competitive balance” but make no mistake it is all about the money. They spent it to keep Deron Williams, then unsure that was going to happen they shipped him out early to get a new building block in Derrick Favors.

The spending pattern in the NBA is not big markets spend and small ones don’t, it’s contenders spend and rebuilding teams don’t. The Lakers and the Mavericks are spending right now not just because they can but also because they are title contenders. The Thunder have not spent big yet but that is about to change as they have to really pay Kevin Durant and Russell Westbrook, not to mention good role players to go around them. They want to contend, they have to spend.

That doesn’t make the system flawed. Whatever system the owners put in that pattern will continue — teams will spend when they think they can win, will strip down costs during rebuilding.

The Jazz will spend less in the coming years as they rebuild with youth (after seeing him this summer, watch for Jeremy Evans), but when they get good again they will spend a lot for a chance to win. Frankly, it’s the way it should be.

LeBron’s Lakers edge Wade’s Heat in final meeting

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LOS ANGELES (AP) LeBron James scored 28 points and the Los Angeles Lakers survived Dwyane Wade‘s 15-point performance in the second half of the superstars’ probable final on-court meeting for a 108-105 victory over the Miami Heat on Monday night.

The game appropriately ended with James guarding Wade, who missed a difficult 3-point attempt in the waning seconds. After the buzzer sounded, and they shared a hug and a chat to close perhaps the final joint chapter of two careers that have intersected repeatedly since they entered the NBA together in 2003.

Wade and James teamed up with the Heat in 2010 to win two championships while reaching four consecutive NBA Finals, and they spent half of last season together in Cleveland.

Wade intends to retire after this season, and Staples Center sent him out of Los Angeles in style with multiple standing ovations and a tribute video in the first quarter.

James and Wade both missed big shots down the stretch, but James hit two free throws with 22.5 seconds left to stretch the Lakers’ lead to three points.

Kyle Kuzma scored 33 points for the Lakers, who have won 13 of 17 overall and five straight at home.

Justise Winslow scored a career-high 28 points for Miami, hitting six 3-pointers in the third stop on the Heat’s six-game road trip.

Wade’s wife, Gabrielle Union, was among the fans at courtside as the high-scoring guard played 32 minutes. Wade went 0 for 5 in a scoreless first half, but still had six assists.

He got rolling in the third quarter with eight points in a flurry that recalled his heyday, and he kept up the pressure in the fourth while finishing with 10 assists and five rebounds.

TIP-INS

Heat: Hassan Whiteside missed his third straight game. He is away from the team for the birth of his child. … Josh Richardson (right shoulder) started. Tyler Johnson(bruised left hip) was available, but didn’t play.

Lakers: Brandon Ingram missed his third straight game with a sprained left ankle. He won’t be re-evaluated until Saturday before the Lakers play at Charlotte that night. The wingman is LA’s third-leading scorer. … Rajon Rondo had fluid drained from his right hand Sunday, possibly signaling a delay in his return from a broken hand. The veteran point guard has been out for 3 1/2 weeks. … A star-studded crowd gathered for Wade’s final game, including Denzel Washington, Kate Beckinsale, Will Ferrell, Kevin Costner, Jessica Alba and Rams stars Jared Goff and Brandin Cooks.

LEBRON ROLLS ON

James is nearly three years younger than the 36-year-old Wade, and the four-time MVP is nowhere near retirement after signing a four-year contract with the Lakers in July. James’ NBA-record streak of scoring in double digits reached 900 games in this game. The fifth-leading scorer in NBA history also passed Paul Pierce for 10th place in NBA history by scoring at least 10 points for the 1,162nd time in his 1,170 career games.

Marcus Morris scores 31, leads depleted Celtics past Pelicans 113-100

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BOSTON (AP) — Kyrie Irving‘s shoulder wasn’t sore enough to keep him from cheering for Marcus Morris Sr. when he hit three 3-pointers to start the second half and propel Boston to a double-digit lead.

Al Horford‘s injured knee didn’t keep him from leaping to his feet when Jayson Tatum drove past Anthony Davis for a dunk.

With four of their regulars relegated to cheerleaders, the Celtics got a season-high 31 points from Morris and another 21 from Tatum to beat New Orleans 113-100 on Monday night for their sixth straight victory.

“The first thing was be a leader,” Morris said. “We had a lot of guys down … and keep trying to play the right way with the guys out there.”

Anthony Davis scored 41 points and Julius Randle had 20 points and 11 rebounds for New Orleans, which was playing back-to-back games after beating the Pistons in Detroit on Sunday. But Davis also had two shots blocked by Celtics rookie Robert Williams III.

“He had 41,” Pelicans coach Alvin Gentry said. “I think everybody has gotten their shot blocked at one time or another.”

Jaylen Brown scored 19 for Boston, which was also without Gordon Hayward and Aron Baynes. Williams, in the longest appearance of his career, had career highs of seven points and 11 rebounds, while picking up three blocked shots – two on Davis.

“Well, he held him to 41,” Celtics coach Brad Stevens joked. “I thought Robert did a lot of good things. When you’re shooting jumpers and Robert’s in the vicinity, you feel him.”

The Celtics scored nine straight points in the last four minutes of the first quarter to take a lead they would never relinquish. They led 59-53 at the half before Morris hit three 3s – one from the left corner, one from the right wing and one from the top of the key – to make it 68-55.

New Orleans never got closer than nine points after that.

 

Lakers fans give Dwyane Wade standing ovation; check out L.A. tribute video

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Lakers fans take a lot of abuse from other fan bases, some of it well deserved, but the core fans know the game.

And they know how much Dwyane Wade has meant to it.

Which is why they gave him a standing ovation when he checked into the game Monday night in Los Angeles.

The Lakers also put together a tribute video that played in the arena.

Classy move, Lakers. Well done.

Pacers’ Myles Turner shuts down Bradley Beal at the rim (VIDEO)

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Myles Turner owned the paint in the first half — the Pacers’ center had five blocked shots in the first 24 minutes.

The big shut down was on Bradley Beal, this is how a big man recovers and goes after it.

Then later there was this play leading to a bucket on the other end.

Turner has had a strong defensive season in the paint so far for the Pacers, a big step for him. He’s sixth among centers in ESPN’s defensive real plus/minus stat (which has its flaws but is a good snapshot).

Washington learned that the hard way.