J.R. Smith has been paid out half of the three-year, $17 million-dollar contract he just signed

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The rules of the NBA’s collective bargaining agreement are fascinating to a certain segment of NBA fans, so with that in mind, we bring you this financial quirk involving J.R. Smith.

The reigning Sixth Man of the Year signed a three-year deal worth just under $18 million to remain with the Knicks a few weeks back, and using the rules (potentially) to his advantage, has already been paid out at least half of the entire value of his contract.

From Frank Isola of the New York Daily News (via HoopsHype):

A league source confirmed that J.R. Smith has already been paid $8.974 million of the $17 million contract he signed three weeks ago. Smith agreed to a two-year deal worth $11 million with a player option for a third season. Five days after agreeing to a new contract, Smith had knee surgery that, according to the club, will sideline him up to four months.

This doesn’t affect the Knicks’ cap figure in any way, and theoretically (if Smith invests the money wisely) it would be beneficial to the player to get paid out as much as possible immediately to begin to earn interest on those otherwise future dollars.

Mark Deeks, who runs the comprehensive NBA salary site ShamSports.com, explained how this fits within the league’s rules a few days back.

Smith did NOT get 80% of his contract paid up front. That’s not allowed. What IS allowed, however, is having 50% of your base salary given..

…to you as an advance prior to November 15th of the relevant season (no more than 25% before October 1st.) This is what Smith has done.

It’s a smart decision, provided Smith does something productive with all of that up-front cash.

Scout on Rodney Hood: ‘Cleveland can get him for a song and dance at this point’

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Rodney Hood is the best free agent still available.

Hood’s problem is he’s a restricted free agent, meaning the Cavaliers can match any offer for him. No team was interested enough in his skills — after last season when the Jazz traded him away to Cleveland and he struggled to get off the Cavs’ bench — to come in over the top with an offer the Cavs wouldn’t match, so teams never tied up their money with an offer. He still has no contract in front of him to sign.

Bleacher Report’s Greg Swartz, talking to a scout, asked about the Cavaliers (the scout agrees with those of us in the “why didn’t they just start the rebuild now?” camp) and Hood in particular.

“Cleveland can get him for a song and dance at this point. I don’t think anyone else wants him, which is surprising because I really liked him in Utah. Utah just let him fly. I was impressed with how he came back in the Finals as an ‘I’ll show you’ game.

“I always liked him. He’ll be good in Cleveland because Cleveland’s going to be bad, and they’ll need his scoring. Who else are they going to go to? He’ll get quality minutes on that roster. How could he not? I’m not sure how tough he is, though. He can put up big scoring numbers on a bad team.”

It’s incredible how far Hood’s stock fell in one season. Heading into last season he expected to be the go-to scorer of the Utah Jazz (Donovan Mitchell became that guy). By the end of the season he barely got off the bench in Cleveland (and in one case would not get off the bench), although once put into the Finals he showed by Tyronn Lue should have gone to him earlier.

Hood’s options at this point are to play for the $3.4 million qualifying offer and become a free agent next summer, or work out a deal with the Cavaliers for a couple of seasons at a number he likes.

 

Baron Davis vs. Glen ‘Big Baby’ Davis in Big3 championship showdown next Friday

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The Big3 finals are set — and there are a lot of names NBA fans will know.

On one side is Cuttino Mobley, Corey Maggette, Glen “Big Baby” Davis, and Chris “The Birdman” Andersen of top-ranked Power. They are coached by former NBA assistant coach and Hall of Famer Nancy Lieberman — and they had to sweat out their semi-finals win.

On the other side are DerMarr Johnson, Baron Davis, Drew Gooden, and Andre Emmett of 3’s Company, the three seed, who are coached by Lakers’ legend and NBA/WNBA coach Michael Cooper. Emmett got them to the finals.

Power and 3’s Company will face off to decide the Big3 title next Friday night in Brooklyn (live on Fox at 8 p.m. Eastern). The semi-finals drew a record crowd in Dallas, and the league has seen its ratings climb on its regular live Friday night slot (they drew 1.47 million viewers this past Friday, roughly the same as an NBA regular season game). All of that has to make Ice Cube happy.

It will be an interesting matchup. Power has been the team to beat all season, with a balanced scoring attack led by Maggette, who has the second most points in the league (behind the legendary Ricky Davis, a player beloved by NBA Twitter, with good reason). In the clutch though Power has looked to Big Baby and his power game inside.

However, Emmett — the former Texas Tech standout from when Bobby Knight coached the team, who was a second-round NBA draft pick and has spent most of his career overseas — may well be the MVP of the league. He is capable of taking over the one-game Finals and making the upset a reality.

North Dakota Standing Rock tribe to honor Celtics’ Kyrie Irving

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It’s not something known by a lot of fans, but Celtics’ star Kyrie Irving has Native American roots. His mother (who has passed away), and Irving’s grandparents and on back on her side, were members of the North Dakota Standing Rock tribe, part of the Sioux nation.

Irving has a Standing Rock tribal image tattooed on his neck and even in social media messages about something else he has included #StandingRockSiouxTribe.

The hardest thing to do sometimes is accept the uncontrollable things life throws at you. You try consistently to learn, grow, and prepare everyday to equip your mind, body, and spirit with tools to deal with some of those things, but I feel when those moments arise they all give you a sense of unfulfillment, simply because it puts some of your professional journey and goals on a brief hold. It's simply a test of your perseverance and Will, to be present, even in the wake of what's going on. In this case, finding out I have an infection in my knee is definitely a moment that I now accept and move past without holding on to the all the what ifs, proving the nay-Sayers completely f***ing wrong, and accomplishing the goals I've set out for the team and myself. This season was only a snapshot of what's to come from me. Trust Me. "The journey back to the top of Mt. Everest continues." #StandingRockSiouxTribe Let's go Celtics!! Celtics fans, I look forward to hearing how loud it gets in the TD Garden during the playoffs and experiencing how intense the environment gets. Thank you all!

A post shared by Kyrie Irving (@kyrieirving) on

Next week, Irving will head to North Dakota to be honored by them and take part in a community event.

Many people know Standing Rock as the tribe that stood up to and protested the Dakota Access Pipeline project, which ran an oil pipeline through their lands. Irving Tweeted support for them at the time.

Good for Irving. More and more NBA players seem to be honoring their heritage, their families. Irving’s takes a little different path than most, but he stands up strong for it.

Adam Silver chooses not to push forward with case of man who threatened him

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People in position’s of power receive threats on their lives at times, it’s an unfortunate fact of society. NBA Commissioner Adam Silver is one of those people.

Back in May, Silver got one of those threats from 27-year-old David Pyant, who sent email to Silver accusing the Commissioner of blocking his path to the NBA and writing, “If you don’t let me play, I’m going to come up there and kill you with my f****** gun.” The NBA turned the email over to authorities, who arrested Pyant and charged him with aggravated harassment.

That, however, is as far as the case is going according to TMZ.

But, Pyant won’t be serving any time for the threat, ’cause TMZ Sports has learned Silver simply did not want to move forward with the case … and the charges were dropped. It’s a HUGE break for the guy … he was facing up to a year in jail.

Silver just likely wanted to move on from this. Understandably.

As for Pyant, hopefully he is getting the help he needs. And I don’t mean on his jumper.