Report: Nets lost $144 million this past season. Even Prokhorov seems to care.

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Here’s what’s often left out when discussing the spending of Mikhail Prokhorov and the finances of the Brooklyn Nets: This is a much bigger play for him than just the team. This is a real estate deal.

In addition to the majority of the Nets Prokhorov owns 45 percent of the Barclay’s center and has the right to buy up to 20 percent of the surrounding Atlantic Yards development (worth an estimated $4 billion and increasing). This is why reading into the money lost by teams in a year-over year basis gets convoluted, owners have their hands in a lot of pockets.

But the Nets basketball operations are bathed in $144 million of red ink and are screwing with the NBA’s profit/loss curve, reports Zach Lowe at Grantland.

The basketball side of the Nets’ business is projected to have lost $144 million over the 2013-14 season, according to a confidential memo the league sent to all 30 teams in early June. (Grantland has reviewed and verified the memo with a half-dozen sources.) If that strikes you as out of whack, that’s because it is.

The NBA expects nine teams will end up having lost money once luxury-tax distribution and revenue-sharing payments are finalized. The Nets, with that monster $144 million figure, are the biggest losers. Next in line? The Wizards, with projected losses of about $13 million. That’s right: The Nets lost $131 million more than any other NBA team last season. This is what happens when you pay $90 million in luxury tax for an aging roster and play in a market so large you are ineligible to receive any revenue-sharing help.

Again, that is basketball operations, it does not include any money Prokhorov makes with his other hand on the Barclay’s Center. Still, that is a whopping amount of red ink.

Prokhorov reportedly has ordered a round of belt tightening, which is understandable (and tied to making minority owner Bruce Rattner’s minority share that is for sale look more attractive, Lowe reports). But all this red ink starts with the Russian oligarch himself — he ordered Billy King to put together a big roster that could “open” the Barclays Center and win games. Doing that means thrashing future assets and spending. Billy King has his flaws as a GM but here he was the good employee following company orders.

However the NBA is not the Barclays Premier League — a Russian billionaire cannot just come in and buy players and get his team a title. Not the way it works in a salary cap world.

The Nets may have upgraded their coach if they bring in Lionel Hollins as expected. But If they are really serious about winning it’s going to take some better roster management, not squandering of resources.

And that will help the bottom line, too.

Austin Rivers opting in for $12.65 million with Clippers

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Austin Rivers‘ three-year, $35,475,000 contract caused resentment within the Clippers when his father – Clippers coach and then-president Doc Rivers – gave it to the guard in 2016.

But don’t think for a moment that will bother Austin into bypassing $12.65 million next season.

Brad Turner of the Los Angeles Times:

That high salary will put a target even more squarely on Rivers’ back, but he’s used to it.

He’ll be overpaid, but he can still help the Clippers. Maybe that’s as an expiring contract used to facilitate a larger trade. Maybe that’s on the court. L.A. will reportedly drop guard Milos Teodosic. The Clippers, with the Nos. 12 and 13 picks in tonight’s draft, could select another guard, but few rookie point guards are reliable.

Report: Spurs ‘shut the door’ on Lakers’ Kawhi Leonard trade inquiry

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After shooting down trade inquiries before the trade deadline and brushing off proposals earlier this offseason, the Spurs are reportedly hearing out offers for Kawhi Leonard.

Except from the Lakers.

Ramona Shelburne of ESPN:

The Lakers are reportedly Leonard’s preferred destination. Of course, San Antonio isn’t obligated to send him there. But he can influence the process by stating a plan to sign with only certain team(s) in 2019 unrestricted free agency.

The Celtics and 76ers might have better assets to send the Spurs. But if only the Lakers have a commitment from Leonard to re-sign, they might offer a greater share of their assets than Boston or Philadelphia would (especially if Los Angeles believes acquiring Leonard would be the first domino in also landing LeBron James and Paul George).

Between Lonzo Ball, Brandon Ingram, Kyle Kuzma, Josh Hart and future first-round picks, the Lakers could offer roughly commensurate value for Leonard. San Antonio might not like those particular players, but a third team could always get involved. Send some combination of Ball, Ingram, Kuzma and Hart to a team that wants them and have that third team convey players more desirable to the Spurs.

But that takes thoughtful negotiating, and San Antonio doesn’t seem interested.

There’s a belief San Antonio won’t trade Leonard to a Western Conference team, especially another historically strong franchise like the Lakers. That sentiment seems foolish to me, but it didn’t emerge out of thin air. There are real people – and real hurt feelings – involved here. Grudges sometimes trump rationality.

Maybe the Spurs will eventually explore whether the Lakers present the best offer. But this is at least circumstantial evidence San Antonio will handle this crisis stubbornly.

League buzz: Kings will take Marvin Bagley III at No. 2, Luka Doncic gone at three

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It’s hard to see through all the smoke and tell if things around the 2018 NBA Draft are solidifying as we get to fewer than three hours before the Phoenix Suns go on the clock.

The Suns are a lock to take DeAndre Ayton at No. 1.

After that, the Kings more and more seem to be leaning toward taking Marvin Bagley III at No. 2, according to multiple reports of those close to the team.

At three things really open up. Atlanta is listening to trade offers but one way or another is likely to pick Luka Doncic. There are rumors that multiple teams — Dallas, Orlando, others — would then trade their pick plus some other asset (young player/future pick) to the Hawks for Doncic. Who the Hawks reportedly really want is Trae Young, but they can move down to get him.

If the Slovenian is off the board, it’s more likely that Memphis trades the No. 4 pick, according to sources. However, there are questions about whether Memphis can get what it thinks is fair value for selling the No. 4. So maybe they just take Jaren Jackson Jr.

How is it going to shake out?

That follows my final mock draft, which was put together Wednesday for the video above. It has:

1. Phoenix: DeAndre Ayton
2. Sacramento: Marvin Bagley
3. Atlanta: Luka Doncic
4. Memphis: Jaren Jackson
5. Dallas: Mo Bamba
6. Orlando: Trae Young
7. Chicago: Michael Porter Jr.
8. Cleveland: Wendell Carter Jr.
9. New York: Kevin Knox
10. Philadelphia: Mikail Bridges
11. Charlotte: Shai Gilgeous-Alexander
12. LA Clippers: Robert Williams
13. LA Clippers: Collin Sexton
14. Denver: Miles Bridges

The problem with any mock draft now is accounting for trades, and those are coming.

Report: Spurs hearing out Kawhi Leonard trade offers, including from Lakers

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The Spurs shot down Kawhi Leonard trade offers before the trade deadline. They brushed off Leonard trade offers earlier this offseason.

Then, the already strained situation got even worse.

Leonard put out word he wanted to leave San Antonio, ideally for the Lakers. He met with Gregg Popovich this week in San Diego, reportedly directly telling the president-coach he wants out.

What are the Spurs doing now?

Chris Mannix of Yahoo Sports:

The Lakers are in that mix.

The Spurs can try to mend their relationship with Leonard. They could even use a super-max contract – projected to be worth $219 million over five years – to aid that process. They don’t have to trade him.

But the clock is ticking toward tonight’s draft, teams using their cap space in other ways and Leonard’s 2019 free agency.

San Antonio has no choice but to get more aggressive in handling Leonard’s future. This is a small step in that direction.