Salary rollbacks part of new owner offer to come Thursday

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UPDATE 2:01 pm: Over at the New York Times, Howard Beck has gotten a hold of a copy of the letter David Stern sent to the union about their “reset” proposal.

Here are the “highlights” (or lowlights, if you wanted to see NBA basketball this season):

The “reset” proposal features a flex-cap system that contains an absolute salary ceiling — to be set $5 million above the average team salary. In addition, the N.B.A. would roll back existing contracts “in proportion to system changes in order to ensure sufficient market for free agents.”

¶ Maximum salaries would be reduced.

¶ Contracts would be limited to four years for “Bird” free agents and three years for others, but each team could give a five-year deal to one designated player.

¶ Raises would be limited to 4.5 percent for “Bird” players and 3.5 percent for others….

In both deals are:

¶ Extend-and-trade deals, such as the one signed by Carmelo Anthony last season, will be prohibited.

¶ A 10 percent escrow tax will be withheld from player salaries, to ensure that player earnings do not exceed 50 percent of league revenues. An additional withholding will be applied in Year 1 “to account for business uncertainty” stemming from the lockout.

¶ Team and player contract options will be prohibited in new contracts, other than rookie deals. But a player can opt out of the final year of a contract if he agrees to zero salary protection (i.e., if it is nonguaranteed).

There is no way the players would accept those rollbacks. The union would file to decertify and this thing will get much, much uglier.

12:18 pm: When the NBA labor talks started, the owners had put out a number of ridiculous demands — salary rollbacks, a hard salary cap and other items the players would not accept — out on the table. As talks moved along, the owners made “concessions” of giving up things off their wish list (while the players gave up actual cash).

But if the players don’t accept David Stern’s and the owners ultimatum offer by Wednesday night, come Thursday morning it is all back on the table along with a smaller percentage of basketball related income, reports Ken Berger at CBSSports.com.

In addition to a 47 percent share of revenues for the players and a flex cap, those terms also would include a relinquishing of guaranteed contracts and a rollback of existing salaries, sources familiar with the hardline owners’ position said.

Part of that (and the reason it gets leaked) is to try and frighten the players into taking the deal on the table.

But make no mistake, that proposal would kill the NBA season if the owners stuck to it.

The players have given up money to keep a soft salary cap and guaranteed contracts (as well as keeping the salary cap tied to league revenues). Those are issues the union would be willing to lose a season over. Those issues would push them to decertify the union and try to take this thing to court. It would be a disaster.

The sides are not that far apart on a deal, with the players giving up more money wanting system issues concessions (they want more ease of player movement and for teams paying the tax to have exceptions). That’s a small olive branch for the owners to offer at this point so the union could save face, call it a win (even though the union lost big) and we could have a season.

But the hardline owners are driving the league bus right now and they want to crush the union and give no quarter. They are driving this. The owners are up by 40 points in the fourth quarter and are keeping the full court press on.

“I think, at the end of the day, this group (of hardline owners) said, ‘OK, we will let you do it your way up until Wednesday,'” a person in contact with ownership told CBSSports.com Monday.

If the sides don’t talk, if come Thursday morning there is no deal in place, I fear for the season. At that point, if the sides reach a deal it will likely be after Christmas just in time to save a 50-game NBA season. And even that could be a long shot.

At that point, both sides will have hurt the sport so much they will have lost all extra revenue they were fighting over.

Watch Kawhi Leonard dunk all over Giannis Antetokounmpo

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Kawhi Leonard and the Toronto Raptors took Game 4 against Giannis Antetokounmpo and the Milwaukee Bucks on Tuesday, 120-102.

Things started off okay for Milwaukee but started to peter off as the hometown Toronto crowd got behind their Raptors. The bench continued to show up for Leonard’s squad, and it was Kyle Lowry dueling it out with Antetokounmpo in the first quarter.

Leonard scored 19 points to go with seven rebounds and four steals, and perhaps his most impressive play of the night came early in the third quarter. Running a little two-man game with Marc Gasol, Leonard cut to the basket and wound up dunking all over the Milwaukee star.

Via Twitter:

Leonard appeared to hobble a little bit after his dunk, but he should be ready to go for Game 5 on a Thursday night. Meanwhile, the series heads back to Wisconsin all tied up at 2-2.

The victor of this series will get to take on the Golden State Warriors in the 2019 NBA Finals.

Andre Iguodala says Stephen Curry is the second-best PG ever

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The Golden State Warriors are moving on to the NBA Finals yet again, thanks in large part to the efforts of Stephen Curry. Golden State’s point guard is now heading to his fifth-straight finals, and without Kevin Durant he was a big reason why the Warriors were able to beat the Portland Trail Blazers in just four games.

Of course there is a real worry that Durant won’t be able to play in the NBA Finals, either partially or fully, thanks to a calf injury. If that’s the case, and the Warriors can take home another championship trophy, it could mean great things for Curry’s legacy.

Curry is currently chasing Magic Johnson as the best point guard ever in the eyes of many folks. What might help solidify Curry’s place in history would be an NBA Finals MVP, which he would likely wind up with if Durant is unable to impact the Finals the way he has.

At least for Andre Iguodala, Curry is already the second best point guard of all-time.

Via The Athletic:

“I think he’s the second best ever,” Iguodala said. “I always thought that about him. I knew but other people didn’t know. So I wasn’t surprised when he took over that series. But I always gave Tony Allen credit. Playing against him made you understand the grind of how hard it is to win. It’s supposed to be hard. You’re supposed to have to find another way. It’s supposed to be uncomfortable. He just embraced that. Just ingrained that into his system and it’s been there ever since.”

The real question is what Curry’s legacy will be after these Finals, particularly if they win without Durant. Some people aren’t keen to compare eras, and might never move off of Johnson for that spot. It seems reasonable to say that Curry is already the best shooter of all-time, but June could elevate him even further.

Raptors’ halfcourt defense, big games from Gasol, Lowry evens series with Bucks

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Slow your roll on “these Bucks can challenge Warriors” takes…

They are going to have to get out of the East, first. And that is proving to be more difficult than it looked after two games.

Back home in Toronto, the Raptors slowed the game’s pace down and used an impressive halfcourt defense — the Bucks scored less than a point per possession — to control this game. Giannis Antetokounmpo had 25 points and 10 rebounds, while Khris Middleton had 30 points, but outside those two the Bucks shot 35.4 percent and had just 13 fast break points. It all kept the Bucks offense relatively in check.

Relatively is good enough when everyone is hitting their shots.

Kawhi Leonard had a quiet 19 points, although he did have the dunk of the playoffs all over Antetokounmpo.

Leonard didn’t have to carry the team because everyone in white seemed to be knocking down their shots. Kyle Lowry had 25 points on 11 shots, Marc Gasol had 17 (and his aggressive offense the last two games has stressed the Bucks defense), Nick Powell had 18, Serge Ibaka 17 points and 13 rebounds, and Fred VanVleet had 13 points on six shots. The Raptors bench scored 48 points.

All that led to a 120-102 Raptors win that wasn’t even that close.

The series is now tied 2-2 and heads back to Milwaukee where the best-of-three left starts.

The Raptors continue to defend well in the halfcourt, with the Bucks coring less than a point per possession (0.93) this game. In three of the four games, the Bucks have scored less than a point per possession in the halfcourt, but that only really matters if they can keep Milwaukee out of transition. The Raptors did that at home.

Milwaukee and Mike Budenholzer have leaned on Nikola Mirotic more in recent games, and the Raptors are now attacking him when they have the ball.

Combine that with an aggressive Gasol — he has started taking the shots from three that he hesitated on in the first two games — and his 3-of-6 from deep has become a big problem for Toronto.

Toronto had this in hand much of the second half, so much so that Drake was helping Nick Nurse relax on the sidelines.

The Bucks will also need their other players — Eric Bledsoe, who had 5 points on 7 shots, and Brook Lopez, who had 8 points — to step up in the final games.

The Raptors have found a formula that works, it’s on the Bucks now to adjust.

Kyle Korver says the copier Nets bought with cash from his trade is broken

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Kyle Korver was taken by the New Jersey Nets with the 51st pick in the 2003 NBA Draft. He was traded on draft day by the Nets to the Philadelphia 76ers for cash considerations. The Nets famously — or infamously — used the cash from that trade to purchase an office copier.

More than a decade and a half later, Korver is still playing in the NBA at age 38. And now, thanks to Korver giving the commencement speech at his alma mater Creighton, we have an update on the status of that copier.

Via Twitter:

Kyle Korver does not have a depreciation expense method. He is timeless.