Knicks season-ticket renewal rate exceeds 97 percent

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The Knicks played an exciting if ultimately flawed brand of basketball last season, and finished with the second best record in the Eastern Conference behind only the eventual champion Miami Heat.

New York has retained its best players, and added some depth in the form of Andrea Bargnani, Metta World Peace, and Beno Udrih to the roster.

The team is not necessarily being projected by most to finish as high as it did a season ago, but based on last year’s success, the faithful that were in it for the long haul aren’t looking to jump off of the bandwagon any time soon.

From Marc Berman of the New York Post:

According to data that will be announced publicly Wednesday on the Garden’s earnings call, the Knicks’ season-ticket renewal rate skyrocketed to more than 97 percent – the highest renewal rate for the club in more than 10 years. Last year’s renewal rate was 95 percent.

Part of that boost may be the notion this is their last, best crack at legitimately competing for a championship in what could be Carmelo Anthony’s last season as a Knick. The increase occurred despite a 6.4 percent average ticket price hike due to the last stage of the arena’s $1 billion, three-year transformation.

It’s worth noting that this isn’t necessarily a reflection of a team’s fan base, given that a large percentage of season tickets, especially the ones closest to the court, are purchased by corporations and used for entertainment purposes. And the better the product is, the more enticing those trips to the arena can be for a company’s current or potential clients.

As for the part about it potentially being Anthony’s last season there, even though he could choose to become an unrestricted free agent next summer, it’s far too early to get into all of that now, and it’s highly unlikely that anyone based their buying decision on the notion that the upcoming year in New York might somehow end up being Anthony’s last.

But with all of that being said, it’s still a great sign for the business of basketball that even with such a steep increase in price, the demand remained as high as ever to see the Knicks in person.

Report: Kobe Bryant’s $6 million investment in sports drink now worth $200 million

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Kobe Bryant’s investment in BodyArmor is paying off – in a huge way.

Darren Rovell of ESPN:

Bryant made his first investment in the brand, for roughly 10 percent of the company, in March 2014, putting in a total of roughly $6 million over time. Based on the valuation of the Coca-Cola deal, his stake is now worth approximately $200 million, sources told ESPN.

Bryant earned about $330 million in his 20-year playing career. Add endorsements and this investment, and he could be approaching the level of wealth necessary to buy a major share of an NBA team (if that’s what he wants, which it doesn’t seem to be).

But we need greater context to understand Bryant’s acumen as an investor. If he diversified his portfolio, reporting on only the big winner could be extremely misleading. It’d be like saying Bryant made 11,719 shots. It’s impressive. But understanding how impressive requires knowing how many shots he attempted.

Ben Simmons laughs at talk of him shooting right-handed

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Ben Simmons rarely shoots jumpers, but when he does, they’re left-handed.

Yet, the 76ers point guard usually takes right-handed layups and even threw out a first pitched righty:

Considering Simmons’ struggles with his jumper, could he switch shooting hands?

Marc Stein of The New York Times:

If Simmons goes all righty this season, as some expect, we will adjust.

I’m not sure who expects Simmons to switch hands. But it sure doesn’t look like as if he’s among them.

Simmons:

There’s a case for Simmons to switch shooting hands. His 3-pointer especially is so substandard, experimenting could barely hurt.

But the switch will work only if Simmons believes in it, and that doesn’t seem to be the case.

C.J. McCollum on his latest Warriors comments: ‘I’m happy stop making me look like a scorn man sheesh’

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Trail Blazers guard C.J. McCollum explained Kevin Durant signing with the Warriors with an analogy about getting jumped by a gang with your brothers then joining that gang and forgetting about your brothers. McCollum called stars passing through Golden State to win big before joining another team – a la DeMarcus Cousins – “disgusting.”

Those comments have predictably generated plenty of discussion. But McCollum dislikes how those discussions are being framed.

McCollum:

Not everything McCollum says is newsworthy. Nobody is ethically obligated to amplify every comment he makes in a lengthy interview. Everywhere I saw, McCollum’s quote was given clear context.

It’s not newsworthy McCollum called the Warriors great. We all know they’re great. That’s why their existence is controversial.

And McCollum didn’t say just that he would never join Golden State. He called it “disgusting” then elaborated many other players would have too much pride for that track. The rhetoric was sharp and wide-reaching.

I found McCollum’s comments interesting, and I’m happy he shared them. I didn’t necessarily agree, but I appreciate his perspective. The NBA is more fun when more players reveal their differing points of view.

So kudos to McCollum – and Andre Iguodala.

Iguodala:

McCollum:

McCollum totally forgot about Iguodala – but not incorrectly. Durant, Stephen Curry, Draymond Green and Klay Thompson look like future Hall of Famers. Maybe Cousins gets there, too. But Iguodala doesn’t deserve it. He made only one All-Star game and mostly topped out at good-starter level. His Finals MVP – which should have gone to LeBron James or, if you insist on awarding a winning player, Curry – shouldn’t push Iguodala over the top.

The best part of McCollum’s Twitter defense today:

McCollum has won seven playoff games – including a series against the Clippers and a single game over the Warriors in 2016. He could have easily brought those up.

But “Im trying Jennifer” is a far more enjoyable response.

Report: Heat, Udonis Haslem nearing deal for him to return for 16th season

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Does this give us a hint about what Dwyane Wade is thinking?

Probably not. What it means is that the Heat want some depth along the front line and, more importantly, a quality presence in the locker room. They want to bring back one of the icons of the franchise.

Udonis Haslem is reportedly nearing a contract with the Miami Heat, reports Tim Reynolds of the Associated Press.

Haslem played in just 14 games for the Heat last season, and 72 total minutes. He just turned 38 and the Heat could use that roster spot to develop a young player. But this is about loyalty, and it’s a move that will play well in the locker room and with the fan base.

Wade also will like it. Whether it is an omen of his decision remains to be seen.