NBA owners not going to make profit this season, league says

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If you believe the league’s numbers — and we’re still skeptical, to put it kindly — the NBA was a long way from turning a profit, they predicted a $300 million loss last year.

A few months into the new collective bargaining agreement that is far more favorable to the owners (no matter what Mark Cuban thinks), the league has not turned those losses around. At an All-Star Weekend press conference Deputy Commissioner Adam Silver said that the league will not turn a profit this year and may not next year.

It seems odd to say that at a time when NBA television ratings are skyrocketing and attendance is up overall. The players have taken pay cuts to lower costs. So costs are down, the NBA’s popularity is booming and profits are not?

Henry Abbott went into more detail and shows why there is some logic to that at TrueHoop.

The explanation from the league is that the cuts in player costs roughly match the losses from last year. But this year the league says there were an additional $200 million in losses related to the lockout, for instance due to lost ticket revenue and corporate sponsorships that didn’t happen.

More importantly, popularity only equals big changes in revenue over years. The most obvious way that happens is with more lucrative national TV deals, but the old deals are still in place for two more years. High TV ratings have not meant new TV revenues for the league. Corporate sponsorships similarly take time to develop.

Where the popularity will really show is in local television and other media deals, particularly the national broadcast rights which are up in 2016. But the league is right, it’s a year or several years before those eyeballs can be converted to cash. Now, if we’re having this same discussion if five years, if the league can’t turn all those additional eyeballs into profits, then they are doing it wrong.

Joel Embiid says Michael Jordan isn’t the GOAT (VIDEO)

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Joel Embiid is a big man like we haven’t seen in some time. He’s both an interior force and a range shooter, and is one of the more talented 7-footers in recent NBA memory.

So it makes sense that the Philadelphia 76ers star leans toward former big men when it comes to discussing the greatest players in league history. While most are obsessed with the back-and-forth between Michael Jordan and LeBron James, Embiid told Jason Concepcion of the Ringer this week that he didn’t think either were the best player ever.

To Embiid, Wilt Chamberlain is the true GOAT.

Via Twitter:

“He’s not the GOAT. To me, you got Wilt Chamberlain. I mean he has all the records. They’re never gonna be beaten. I don’t see anybody getting 100 points in a game. That’s it, he’s the GOAT.”

Chamberlain doesn’t seem to be brought up in the GOAT conversation much anymore, but his prowess was legendary and it’s mistaken to say that he only played against smaller, less athletic white players.

It’s sort of cool that Embiid decided to choose a different player as is greatest of all time. Whether or not that’s true — or whether Embiid truly believes in his choice — is another thing altogether.

LeBron James confirmed ‘Space Jam 2’ begins filming this summer (VIDEO)

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I’m not sure how excited I am to watch “Space Jam 2”. I think LeBron James is a slightly better actor than Michael Jordan, and the original “Space Jam” was nothing to shake a stick at. I’m the perfect age for Space Jam to have meant something to me, but having watched the film as an adult I can tell you it’s largely underwhelming.

Still, Space Jam 2 is set to film this summer and we finally have a confirmation of that fact from LeBron himself.

Speaking at All-Star Weekend, James told a crowd in Charlotte that they are indeed going to film once the season is over.

Via Twitter:

I think filmmaking has evolved, particularly animated filmmaking in the wake of things like Toy Story, Shrek, and other big franchises. There is no doubt that Space Jam 2 will be a better movie than the original. The director of the film certainly thinks so.

Kids will love it, and it’s exactly the kind of thing that James want to get involved in when he moved to the Los Angeles Lakers this summer.

I’m sure that basketball Twitter will have a steady stream of opinions when it comes out in theaters. Maybe I will catch it when it’s on at Netflix a month later.

Report: Celtics aren’t long-term destination for Anthony Davis

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Anthony Davis recently made mention that all 29 NBA teams other than the New Orleans Pelicans are on his list to land when he becomes trade eligible again this summer. Teams like the Boston Celtics, New York Knicks, Los Angeles Lakers, Milwaukee Bucks, and Los Angeles Clippers will vie for his services with the best packages they have the to offer.

But which of these teams will be long-term solutions for Davis, whose current contract runs out in the summer of 2020?

That is likely to be where the conversation around Davis shifts as we move into the spring. In fact, according to Shams Charania, at least one interested team isn’t on Davis’ radar long term.

Via Twitter:

Davis and agent Rich Paul severely overplayed their hand when it came to negotiating a trade request with the Pelicans as they tried to steer Davis to the Lakers before the deadline.

New Orleans remains firmly in control of Davis and any offers for him, although it’s possible the player could retain some additional influence by making it known that he would not re-sign anywhere outside of his preferred destinations. According to Charania, that’s the Lakers, Clippers, Knicks, and Bucks.

Still, a player’s status as a potential risk in free agency is affected by how good he is and how close to a championship the receiving team thinks they are. We saw a Toronto Raptors take a chance with Kawhi Leonard, who could very well leave this summer.

Might a team trade for Davis without the guarantee that he could leave in 2020? That seems possible, and I wouldn’t rule out anything wild happening in trade market come summer.

Pat Riley on LeBron leaving Miami: ‘I saw a dynasty fly out the window’ (VIDEO)

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LeBron James spent just four years with the Miami Heat, grabbing two championships with pals Dwyane Wade and Chris Bosh. LeBron then left South Beach to bring a title to his native Ohio with the Cleveland Cavaliers.

James is now part of the Los Angeles Lakers, an organization that Miami Heat president Pat Riley is innately familiar with (Riley was on the coaching staff of the Lakers from 1979-90). Riley was famously upset when he took the podium in the summer of 2014 after James had informed him that he was not going to come back to Miami.

We are approaching the half-decade mark from that interaction, and Riley appears to have cooled off a little bit.

Speaking with ESPN’s Dan LeBatard, Riley said that he felt disappointed because of how long a tenure that Heat team could have had.

Via Twitter:

I’m not sure if it’s fair to say that Miami you would have been a “10-year team”. Chris Bosh last played in February of 2016, and Wade hasn’t been a starter-level player for some time.

Still, it’s true that if LeBron would have stayed in South Beach that the Heat would be a perennial Eastern Conference Finals team and perhaps a real dynastic challenger to the Golden State Warriors.