Salary rollbacks part of new owner offer to come Thursday

21 Comments

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.

Report: FBI investigating Big Baller Brand co-founder Gregory Alan Foster

Getty
1 Comment

It’s sad that people take advantage of athletes. A lot of people do it when these guys are very young and clearly talented, and Los Angeles Lakers point guard Lonzo Ball is no stranger to that.

Ball cut ties with his Big Baller Brand earlier this year, even covering up his “BBB” tattoo with a bad-looking pair of dice. This was because Gregory Alan Foster, one of his confidants and business partners, allegedly stole money from the company to the tune of several million dollars.

Now the FBI is reportedly investigating Foster for his involvement in bilking money from Ball.

Via LA Times:

The FBI is now investigating whether Foster defrauded the Ball family out of millions of dollars, according to two law enforcement sources. While it’s unclear when exactly the official investigation began, one of those sources said it is at least two months old.

Lonzo Ball and the family’s shoe and clothing business recently accused Foster in a lawsuit of taking more than $1.5 million out of the company’s bank accounts and accepting “substantial undisclosed referral fees” from at least eight loans he arranged on behalf of the company.

“[Foster is] like my second dad,” Lonzo replied. “So when he came to me, I just talked to him and I didn’t think there was anything wrong with it. He just gave me his story. Now, looking back at it, obviously I wish we would have jumped at it back in October.”

According to the Times, Foster’s whereabouts are currently unknown. Hopefully Ball will be able to recover some kind of financial damages from all of this.

Spurs’ smart defense, veterans force Game 7 with 120-103 win over Nuggets

Leave a comment

Nikola Jokic had a career night — 43 points, a personal and franchise playoff best, plus 12 rebounds and nine assists. Once again the two-man game, the pick-and-roll with him and Jamal Murray got into the lane and carved up San Antonio.

The Spurs lived with that. What they did, however, was not collapse off Denver’s shooters to help in the paint — to try to contest twos but give up good-look threes. Denver got its buckets inside — they won the points in the paint battle 72-36 — but shot just 8-of-31 outside the paint on the night.

The Nuggets stars took the shots they were given — Jokic and Murray combined to take 51 percent of Denver’s shots, up from 34.6 percent and 40.5 percent in the previous two wins — but the ball movement and transition buckets that characterize the Nuggets were missing. The Spurs took that away.

Combine that with veterans LaMarcus Aldridge (26 points on 10-of-18 shooting), DeMar DeRozan (25 points on 12-of-16 shooting), and Rudy Gay (19 points on 7-of-11 shooting) stepping up and you end up with the Spurs pulling away for a 120-103 Game 6 win on their home court.

It forces Game 7 Saturday in Denver. The winner advances to take on Portland in the second round.

“We didn’t defend tonight, from the jump ball,” Nuggets coach Mike Malone said. “They came out and scored 34 points in the first quarter, shot 70 percent or close to it [66.7 percent in first], and to give up 120 points in a potential elimination game, 57 [percent shooting]. It just wasn’t good enough.”

The game was decided by a 22-4 San Antonio run that spanned the end of the third and into the start of the fourth quarter, when the Nuggets pulled away.

“It was turnovers for us, it was offensive rebounds for them, and just no defense,” Malone said of the run.

The other difference in the game was the three-point shooting, an area where the Nuggets have dominated through the first five games. Thursday both teams took 24 shots from three, but the Spurs made 10 and the Nuggets six. That’s a dozen points to San Antonio in an area Denver needs to win.

It was like that all night.

San Antonio came out playing like the desperate team on the brink of elimination, playing with energy and staring out 7-of-10 from the floor. The Spurs built up a 10-point point first-quarter lead behind Aldridge, who had 13 points in the first quarter, 6-of-9 from the floor, plus the team shot 65.4 percent for the quarter.

Denver was not phased (this was the fifth time in six games they lost the first quarter), and after shooting 0-of-7 in the first quarter hit 4-of-5 to start the second. The Nuggets got back to playing the kind of ball-movement hoops — with a lot of Murray and Jokic playing off each other and scoring — and the Nuggets grabbed the lead back in the quarter. However, after a DeRozan putback bucket off his own missed free throw at the buzzer gave the Spurs a 64-60 lead at the half. That hustle play seemed to signify the Spurs night.

The game was close through much of the third, but the trends favored San Antonio.

Then the late-quarter run started, and Denver faded. Now they need to find their mojo on the plane home, because Saturday is win-or-go-home for everybody.

Chris Paul doesn’t like anyone touching the top of his head (VIDEO)

Getty
2 Comments

Chris Paul is listed at six feet tall, and he’s definitely not any shorter than that. Nope, no sir. To even suggest as much would be ridiculous!

In any case, Paul is shorter than most of his teammates because he plays in the NBA. As such, Paul has probably had a lifetime of everyone towering over him despite his obvious incredible talent surpassing those of his compatriots.

So maybe being touched on the top of the head is a weird “thing” for him? At least, that’s what it appeared to be from this video.

Via Twitter:

You know somebody has a trigger when they are ready to turn around and fight you after a playoff series win, especially when they’re your own teammate.

Note to everybody: don’t touch the top of Chris Paul’s head.

Hall of Famer and Celtics hero John Havlicek dies at 79

4 Comments

Hall of Famer and Boston Celtics Legend John Havlicek has died.

According to the team, the 13-time All-Star passed away peacefully in his home in Jupiter, Fla. The Celtics released an announcement on their website marking Havlicek contribution to the team.

Via Boston Celtics:

John Havlicek is one of the most accomplished players in Boston Celtics history, and the face of many of the franchise’s signature moments. He was a great champion both on the court and in the community, winning 8 NBA championships and an NBA Finals MVP, while holding Celtics career records for points scored and games played. Named one of the 50 Greatest Players in NBA History, he is enshrined in the Basketball Hall of Fame and his retired #17 hangs in the Garden rafters. His defining traits as a player were his relentless hustle and wholehearted commitment to team over self. He was extraordinarily thoughtful and generous, both on a personal level and for those in need, as illustrated by his commitment to raising money for The Genesis Foundation for Children for over three decades through his fishing tournament. John was kind and considerate, humble and gracious. He was a champion in every sense, and as we join his family, friends, and fans in mourning his loss, we are thankful for all the joy and inspiration he brought to us.

NBA Commissioner Adam Silver released this statement:

“John Havlicek was a wonderful friend who represented the best of the NBA.  He described himself as a man of routine and discipline – a humble approach that produced extraordinary results, including eight NBA championships with the Boston Celtics, 13 All-Star selections and some of the most iconic moments in league history.  A trusted teammate who prioritized winning, John’s passion and energy endeared him to basketball fans and made him a model for generations of NBA players.  We send our deepest sympathies to John’s wife, Beth, his son, Chris, and his daughter, Jill, as well as the entire Celtics organization.”

No matter what kind of basketball fan you are, if you know anything about the history of the game you at least have the phrase “Havlicek stole the ball!” burned into the folds of your brain.

That famous steal came in the 1965 Eastern Conference Finals to seal a Game 7 win against Wilt Chamberlain and the Philadelphia 76ers. Boston would go on to beat the Los Angeles Lakers in five games in the Finals that season.

Thoughts are with Havlicek family and Celtics fans, who of course will remember him in their own special way today.