The real question: How much tax is Oklahoma City willing to pay?

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Clay Bennett and the Oklahoma City ownership has said before they are willing to pay some luxury tax to keep the core of their team together.

Next year that will be put to the test.

They have Kevin Durant and Russell Westbrook on max deals, and they just signed Serge Ibaka to a four-year, $48 million deal. Next up is James Harden. Next summer he will become a restricted free agent and unless the Thunder can convince him to take less he is going to get a max offer on the open market from someone. A number of teams will have the cap space (probably about 10, depends on moves between now and then) to make a max offer and Harden — Sixth Man of the Year, gold medalist, marketable — will get one.

The Thunder can match. But if they do they are paying the tax, and how much is the team in the NBA’s smallest market willing to pay? Zach Lowe breaks down the numbers at Sports Illustrated’s The Point Forward blog.

If Harden gets that max deal from Oklahoma City, the Thunder will be paying the tax for at least the 2013-14 and 2014-15 seasons. Assuming a max deal for Harden and that Oklahoma City gets the No. 30 pick in each of the next two drafts, the Thunder would be set to have about $75.5 million committed to 10 players in 2013-14 and $77 million committed to the same number of players in 2014-15. Fill out the rest of the roster on the cheap — forget the mid-level exception — and Oklahoma City will be looking at $80 million payrolls in those seasons….

The tax line is at $70.4 million now, and it will go up as league revenues rise. But most projections have the tax line somewhere around $75 million in the 2015-16, and very solid growth (about 3 percent) would have it jump only to $72.5 million in 2013-14 and $74.6 million in the following season. Note again: These are estimates.

Under the harsh new tax rates that kick in for the 2013-14 — just in time! — the Thunder would be paying a tax bill ranging from $7.5 million to $12.5 million or so, depending on the exact tax level and how much the team’s ownership is willing to spend on the back of the roster. Is Oklahoma City, the league’s second-smallest market, willing to spend something like $85 million or even $90 million to fill a team?

I bet the answer is yes. They can save money by doing things like using their amnesty on Kendrick Perkins. More importantly, so long as the Thunder are winning they will be able to sell the luxury boxes and sponsorships at a premium, and the regular seats sell out every game to a very loyal fan base. I think the losses (if any, how NBA owners keep the books is murky) would be minimal.

The Thunder can’t afford to go Los Angeles Lakers with their payroll — Los Angeles with taxes and revenue sharing could be paying $230 million in a couple years to field a team at their current payroll levels — but they can afford some tax. They can afford to chase the ring.

The Thunder will be what the Heat and Lakers are, what future contenders will look like — a handful of highly-paid stars surrounded by the best they can get on inexpensive contracts. It is the wave of the future.

Raptors reportedly agree to trade to acquire Kawhi Leonard from Spurs

Associated Press
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Raptors’ GM Masai Ujiri wanted to shake things up in Toronto this offseason, to change the culture, to make a push for a ring with LeBron James having gone West. The status quo was no longer good enough.

He has done that in the most dramatic way possible.

In maybe the biggest move of the summer, the Raptors are about to acquire Kawhi Leonard from the San Antonio Spurs. From Adrian Wojnarowski and Chris Haynes of ESPN:

The Toronto Raptors are finalizing a deal to acquire San Antonio Spurs star Kawhi Leonard in a trade package that includes All-Star DeMar DeRozan, league sources told ESPN.

An agreement in principle could be reached as soon as Wednesday, league sources said.

Leonard and DeRozan are both aware that an agreement could be imminent, and neither is expressing enthusiasm for the deal, league sources said.

DeRozan seems to confirm the trade — and his displeasure with it, he wanted to go down as the greatest Raptor ever and embraced that city when others stars had bolted it — in an Instagram story.

Leonard and DeRozan cannot be traded for each other straight up (DeRozan makes $7 million more than Leonard), the deal would need to have other players and picks involved. Something such as Leonard and Danny Green for DeRozan, OG Anunoby and picks works, but the deal is likely more complex than this.

The Spurs did not want to send Leonard to the West and the Lakers, and they wanted a star player who would keep them relevant and in the playoffs as part of the deal. DeRozan does that (while the Lakers and Sixers would not throw in key pieces such as Brandon Ingram or Markelle Fultz). Paired with LaMarcus Aldridge, Dejounte Murray, and whoever else doesn’t get traded they are in the playoff mix in the middle of a brutal West. DeRozan has two seasons guaranteed at $27.7 million, with a player option for a third season after that.

Leonard is a free agent in the summer of 2019 and can then sign anywhere he wants. That has reportedly been Los Angeles, although in Las Vegas I heard rumors from sources that both the Lakers and Clippers are in play to get him.

The Raptors will have this season to win him over and get him to re-sign — just as Oklahoma City did with Paul George. Toronto is a fantastic city, it has a passionate fan base, and the team is poised to win a lot. Toronto also has more money: with the trade Toronto can offer Leonard a five-year, $190 million contract next summer, the most any other team can put on the table is a four-year, $141 million offer. Leonard, it should be noted, walked away from a $221 million offer should he have worked things out with the Spurs.

If Leonard is fully healthy — something nobody really knows for sure — the Raptors would be contenders in the East, a team that is a threat to favorite Boston as well as Philadelphia.

Blazers win 2018 NBA Las Vegas Summer League Championship vs. Lakers

AP
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The Portland Trail Blazers are your 2018 NBA Las Vegas Summer League Champions. I want Multnomah County just to drink that in for a minute.

Tuesday night’s Final was not a close one, with the Trail Blazers in control of the game for most of the time. Portland jumped out to an early 31-19 lead, and were led by KJ McDaniels, who eventually took home the championship game’s MVP honors.

On the other side of the floor, it was Summer League MVP Josh Hart who had been ejected in the fourth quarter. Portland’s largest lead was 24 points, and it was surely a frustrating night for the young Lakers Squad.

Via Twitter:

McDaniels led the way for Portland, finishing with 17 points, seven rebounds, and one assist on 57 percent shooting from the field. The Blazers had six players in double figures, and helped shut down LA from 3-point range, forcing them to shoot just 3-of-21 from deep.

Hart scored 12 points for the Lakers, and Los Angeles had just three players in double figures. As a team, LA shot 39 percent from the field during the 18-point loss.

This Summer League playoff win doesn’t quite make up for the 2000 Western Conference Finals between these two rivals, But Blazers fans have to be happy that their team at least got a sniff of a deep playoff run.

No doubt they will be partying on SE Division tonight.

Lakers’ Josh Hart get ejected during Summer League Final (VIDEO)

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Josh Hart was the Las Vegas Summer League MVP for the Los Angeles Lakers. He scored a whopping 37 points during Monday night’s 2OT win against the Cleveland Cavaliers, but apparently it was just too much of him to finish Tuesday’s Final against the Portland Trail Blazers.

Hart didn’t agree with an official’s decision — presumably on a no-call — late in the fourth quarter, and he had some choice words for the referee as the floor changed possession. The Lakers guard already had one technical foul from earlier in the game, so his second earned him an ejection. It was his second of Summer League.

That’s not necessarily a good look for Hart, although it’s not as though Summer League has a real impact on a player’s career in the long run.

Should Hart have been upset that he did not get a foul? Probably not, seeing as how he led with his elbow. No doubt Lakers brass will be more concerned by the fact that he was ejected from not one but two Summer League games during his MVP run.

Hart will have to get his emotions under control as we head into the regular season for Los Angeles.

The Trail Blazers beat the Lakers in the Final, 91-73, with KJ McDaniels taking home the championship game MVP honors.

Watch Collin Sexton try to intimidate Josh Hart with this weird sumo flex (VIDEO)

Twitter
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Collin Sexton is presumably the future of the Cleveland Cavaliers after LeBron James decided to decamp his home state for the Los Angeles Lakers.

Along with Kevin Love, Sexton will be a player to watch over the coming season as the Cavaliers try to remain relevant in the Eastern Conference. Meanwhile, Sexton has already drawn some attention in Las Vegas Summer League for his performance, and not just as a point guard.

It appears that Sexton is a student of the theatrical arts as well.

Via Twitter:

It’s not really clear whether Sexton was able to intimidate Hart with his strange sumo flex. Although Hart didn’t score on that possession, he did score 37 points in a 2OT game which LA won. Hart was also named the Las Vegas Summer League MVP.

We will see whether Sexton decides to deploy this defensive strategy over the course of the regular season. I personally hope he does it every possession.