NBA owners won. Big. But the players can live with it.

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As the talk starts to build of all the little concessions the NBA players got in the last week to make an NBA labor deal happen in time for games on Christmas day, remember this:

The owners won.

In a massive way. This is an Attila the Hun sweeping through Eastern Europe kind of win — devastating and total.

David Stern and the owners came into these NBA labor talks saying they lost more than $300 million last season and $400 million the year before that. By getting the players to agree to what is in practice a 50/50 split of basketball related income (although the deal allows the players to get to 51 percent if revenue increases enough) the owners got the players to essentially accept a 12 percent salary cut that will cover those losses.

This will come to more than $3 billion back in the owners’ pockets if the deal lasts the full 10 years (both sides can opt out of the deal after six years). What’s more, the deal means the players will have shorter contracts with lower raises going forward. Plus, the system now ties the hands of larger market, bigger spending teams helping depress salaries that way.

The owners will tell you they didn’t get everything they wanted, some will vote against this deal. Those guys are fools — they got more than enough to balance their books. Combined with more robust revenue sharing — soon to be triple what it was — small market owners should be able to break even or turn a profit. They should be able to compete (they could before, ask San Antonio and Oklahoma City). If they can’t, well, it’s on them now. It’s not the system.

All that said, the players got enough small victories — and a couple key ones — that this is a deal they can live with.

Early in the lockout, PBT spoke with former NBA players union president Charles Grantham and he said the smartest move the union ever made, the thing they could not give up in these talks, was keeping the salary cap tied to league revenue. Early offers from the owners wanted to detach the two — players salaries would stay flat at about $2 billion a year and all of the money from expected growth in the league (such as a new national television deal coming in 2016) would go straight to the owners pockets.

The players won that fight. They will get a smaller share of that revenue, but as the league’s revenue grows player salaries will go up. Grow the game and grow how much money you make.

The other two hills the players were willing to die on were guaranteed contracts and a hard salary cap. The owners relented on those as well. Yes, the owners now have more ways to get out of bad contracts faster, and yes the new luxury tax rules make it much more costly for high-revenue teams to spend big, but the players won those fights on principle.

There were other small victories, such as getting the threshold to get to the 51 percent of revenue lowered to a makeable goal. The players got the extend-and-trade so their biggest stars can better control their exits from teams. They got a solid mid-level exception for tax paying teams.

That was enough. It needed to be enough because the players were going to start losing more money in salary than they were making back fighting over the scraps of this deal.

But this negotiation was all about the money, and the owners got a lot more of it. They won. The small market owners in particular should now be able to turn a profit. The players got a way to save face at the end but the owner won and won big.

With this caveat…

In 1999, after a lockout that lasted into January, the owners were thought to have won. They got a cap on max salaries, so that there would be no more deals like the one Kevin Garnett and Shaquille O’Neal had gotten. They got a percentage that capped players’ salaries in total at 57 percent. Everyone said the owners won, including the players.

A dozen years later, the owner were crying that the deal was unfair and killing them. You never know how things will play out. And you can bet in 10 years, when this deal formally ends, there will be owners saying what a bad deal this is for them and how it is killing them. Even if the fault is their own management.

Former Kings selection Georgios Papagiannis leaves NBA historically quickly for lottery pick

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Even if he were talking about hot yoga, then-Kings star DeMarcus Cousins perfectly captured the feeling of Sacramento picking Georgios Papagiannis No. 13 in the 2016 draft: “Lord give me the strength.”

Ranked No. 46 on Chad Ford’s board – which attempted to show league-wide consensus – Papagiannis was an old-school plodding center. He flashed interior skills during his limited playing time with Panathinaikos in Greece, but athleticism was a major concern. He was the type of player teams learned over the previous two decades not to fall for.

While an NBA team picking someone so high should be a positive indicator, it did little for Papagiannis. The Kings’ draft record had been miserable under owner Vivek Ranadive and general manager Vlade Divac. They didn’t get the benefit of the doubt (though their draft-night trade with the Suns that landed the No. 13 pick used on Papagiannis turned out well).

Every concern about Papagiannis and Sacramento proved justified.

The Kings waived Papagiannis during his second season – absurdly quick for any first-rounder, let alone a lottery pick. His agent blamed the team. Nobody came out looking good.

Papagiannis signed with the Trail Blazers, though he played only one game for them. Portland waived him earlier this summer.

Now, Papagiannis will return Panathinaikos on a five-year contract, the Greek team announced. Will this conclude the 21-year-old’s NBA career? It seems more likely than not.

If so, it will be one of the shortest ever for a lottery pick.

Papagiannis’ 477 career minutes are the sixth-fewest ever by a lottery pick, excluding 2017 and 2018 picks, who haven’t had time to play more.

Fran Vazquez (No. 11 pick in 2005 by Magic) continued playing overseas and never signed in the NBA. Len Bias (No. 2 pick in 1986 by Celtics) tragically died of a cocaine overdose after the draft.

Among lottery picks who actually made the league, only Aleksandar Radojevic (No. 12 pick 1999 by Raptors), Yaroslav Korolev (No. 12 pick in 2005 by Clippers) and Mouhamed Sene (No. 10 pick in 2006 by SuperSonics) played less than Papagiannis.

Here are the fewest minutes played by lottery picks between 1985, when the NBA instituted the lottery, and 2016:

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Papagiannis could still drop down the list.

After all, Radojevic left the NBA after two seasons, spent three years in Europe then somehow returned stateside to play 12 games for the Jazz. That NBA comeback seemed unlikely as he shuffled between the Raptors, Nuggets and Bucks while playing only three games (all with Toronto).

Nothing precludes Papagiannis from returning to the NBA, even if he must complete his entire Greek contract first.

But just because one unlikely thing happened before, I wouldn’t bet on another happening with Papagiannis.

Isaiah Thomas to Danny Ainge: ‘If the opportunity is there, I would just like to let you know that I’d love to come back’ to Celtics

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Isaiah Thomas had a rough year.

The Celtics traded him to the Cavaliers. He missed most of the season with a hip injury. In between, he played destructively bad for the Cavs and Lakers and got run out of Cleveland, in part, for making waves in the locker room. Free agency was especially cruel, Thomas’ Brinks-truck dreams ending in a minimum salary from the Nuggets – a historically low figure for someone who finished top-five in MVP voting just two seasons prior.

On a bright note: Thomas ended his feud with Celtics president Danny Ainge. In fact, those two spoke during Thomas’ free agency.

Adrian Wojnarowski of ESPN:

Before finalizing the agreement with Denver, Thomas had reached out to Boston GM Danny Ainge. They talked for 15 to 20 minutes, Thomas says, and he told Ainge: “If the opportunity is there, I would just like to let you know that I’d love to come back.”

Ainge says his mind was open to the idea, but the Celtics needed to work through Marcus Smart‘s restricted-free-agency discussions before they could consider making an offer to Thomas. Ainge was willing to continue the conversation, but Thomas accepted the Nuggets’ offer before Boston had reached its new deal with Smart.

“S—, I’d have gone back,” Thomas says. “I don’t hold grudges.”

Thomas played his best basketball in Boston. Brad Stevens empowered Thomas as a go-to offensive player and successfully hid him on defense. I understand the appeal of going back.

But that Thomas could never return to those Celtics. He’s older, and his hip injury might have sapped his athleticism. Boston acquired Kyrie Irving, and Terry Rozier broke out. Marcus Smart remains.

A reunion would have likely ended in disappointment.

Instead, Thomas will try to prove himself in Denver, backing up Jamal Murray. Thomas is aware of his standing, and his interview is both endearing and sympathetic. He wears his emotions on his sleeve and carries a chip on his shoulder – the reason so many of us are drawn to him. And he’s keenly aware that, in a league where so many players are paid based on past performance, he’s judged by a hip injury teams believe will hinder him going forward.

Thomas, as always, seems driven to prove himself. And maybe he will. Returning to a reserve role isn’t glamorous, but there’s an opportunity with the Nuggets.

But I also fear, no matter how well Thomas plays next season, teams will be apprehensive of a 30-year-old 5-foot-9 point guard with a history of hip problems in 2019 free agency. He might be stuck in a no-win situation and just can’t get his big payday.

Especially after this interview, though, I’m excited to watch him try.

Report: Carmelo Anthony to sign minimum contract with Rockets

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Carmelo Anthony signing with the Rockets has been a near-certainty for a while.

The final steps – the Thunder trading him to the Hawks, Atlanta waiving him, Anthony clearing waivers – are close enough that specifics are emerging.

Marc Stein of The New York Times:

Carmelo Anthony is planning to sign with the Houston Rockets upon clearing waivers in coming days, according to two people with knowledge of his plans.

He is expected to receive a one-year deal from the Rockets at the league’s veteran minimum salary

The Rockets have the $5,337,000 taxpayer mid-level exception available, but clearly wary of an expensive payroll, they’ll get Anthony for much less.

Anthony will count just $1,512,601 toward the cap and luxury tax. He’ll pocket pocket an extra $1,871,635 – in addition to the $27,928,140 paid by the Hawks. Not a bad summer for him, as he’ll get all his money plus a little more and get to join his desire team.

For the Rockets? It’s a classic tale. They let more expensive players – Trevor Ariza ($15 million from Suns) and Luc Mbah a Moute ($4,320,500 from Clippers) – leave and settled for minimum-salary players: James Ennis and Anthony.

Ennis fits well in Houston, but he lacks the talent of the departing players (who also fit well). Anthony brings name recognition, but unless he works to complement James Harden and Chris Paula huge question mark – this won’t go well. That’s why he’s leaving Oklahoma City, and there are many reasons to be skeptical he’ll acquit himself better with the Rockets.

You get what you pay for.

John Wall calls Washington’s off-season moves “pretty interesting”

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After another season where the Wizards underwhelmed — due to injuries, due to chemistry issues, due to a lot of things — what were the bold moves of this summer in our nation’s capital? Well, they signed Jeff Green. And in a trade they got Austin Rivers.

The other part of that Rivers’ trade was the big news — they sent center Marcin Gortat to the Clippers. That cleared the way to sign Dwight Howard this summer. The idea of adding Howard to a locker room with questionable chemistry is a bit of a punch line.

In a podcast with Chris Miller of NBC Sports Washington, Wall called the Wizards’ summer “pretty interesting” and praised Howard.

“Even though [Howard] is older, he’s still an athletic big averaging 16 [points] and 12 [rebounds],” Wall said in the pod. He talked up Howard as a pick-and-roll threat lob threat as he rolls to the rim, saying defenses can’t cheat off of him.

“Not only do you get more layups, probably, you get more wide open threes.”

That’s great, but Howard got the ball back as the roll man on 12.5 percent of his possessions last season — it has never been something he wants to do a lot. Post-ups, however, accounted for 40.1 percent of his possessions, once you include his passes out of the post (and the Wizards scored a rather meh 0.85 points per possession on those post ups). Howard has long been better as the roll man, he just dislikes to do it.

Last season, Marcin Gortat got 20.9 percent of his shots out of the pick-and-roll and just 18.2 percent on post-ups. The Wizards don’t want to take the ball out of Wall’s hands. Nor should they.

Howard, even at this point in his career (when he is not the force of nature he was back in Orlando), can be an upgrade for the Wizards at center, but not a massive one. Nothing else GM Ernie Grunfeld did this summer moved the needle in Washington.

It’s all “pretty interesting” I guess. The Wizards look like another middle-of-the-pack team just not living up to all the potential on the roster, and it’s hard to see what changes about that this season.