Nets finally taking responsible path to rebuilding, don’t expect another spending spree next summer

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A few years back, Nets owner Mikhail Prokhorov knew he needed a winning team to open the Barclays’ Center, a team that could get New York’s attention. He ordered his GM to spend without concern for the luxury tax, he openly laughed at that demarcation line. Paul Pierce, Kevin Garnett, trading for Joe Johnson, and the list goes on — Brooklyn bought a pretty good team, one that made the second round of the playoffs, but at a ridiculous price tag.

Now, times have changed — the Nets waived Deron Williams, traded Garnett, let Pierce bolt to the other coast, and made moves to get under (or at least close to) the luxury tax. Prokhorov is sending out letters to season ticket holders touting a younger, more athletic team. They are going to try and build in a more traditional way. Well, except without draft picks for a while.

That means next summer, when they have cap space again, don’t expect the Nets to spend like mad on one big free agent, reports Nets Daily.

One league source told NetsDaily it will be a long time, if ever, before the Nets pay the luxuy tax again. Part of his thinking is that they will go into next summer with $40 million in cap space, enough to pursue a star or more likely, pay two of three good players … some of whom may be their own. The other reason is they think with a longer term strategy and some good fortune, they can win while being fiscally frugal. They’re putting a LOT of stock in continuity, particularly with the coaching staff. (The insider said that he could foresee the Nets maxing out only one of their current playes, Bojan Bogdanovic, two years from now if he breaks out.)

They are going to act like 29 other teams.

The general rule of thumb around the league is not to go into the tax — especially avoid the dreaded repeater tax (for being above the tax line three out of four years) — unless you are in a window of title contention. The Cavaliers are about to do it to keep LeBron James happy, but they should — with him they are contenders for the next five years (at least). But you don’t  see even the big market money machines like the Lakers and Knicks willing to spend way over the line right now, at least until they get somewhere near contender status again. You can’t just buy a team.

What this likely means for the Nets is some short term pain. They certainly still have the talent to make the bottom half of the playoffs in the East — they did spend this summer to retain Brook  Lopez and Thaddeus Young — but the rebuilding is going to take a little time. Especially considering all the draft picks they sent away during the “win now” era (Boston will be picking for the Nets a lot in the coming years).

The Nets have learned how to build patiently, while their owner has learned how to dodge marriage promises. They may be getting things right, but there is still a price to be paid for their win-now era.

“Ray Allen from long distance” with chip shot to save par at American Century Classic

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“Ray Allen from long distance, how many times have we said that?”

Ray Allen had a good weekend at the American Century Championships, the former NBA sharpshooter and future Hall of Famer finished third in the celebrity golf event. One of the reasons he was there, this chip shot on 13 Sunday.

Former Cowboy’s quarterback Tony Romo won the event, with former MLB pitcher Mark Mulder was second.

LeBron James sits courtside for Lakers’ Summer League win

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There are two, maybe three guys playing for the Lakers in Summer League likely to be sharing a locker room with LeBron James next season — Isaac Bonga and Josh Hart, with maybe Sviatoslav Mykhailiuk and/or Alex Caruso. Only Hart could see the court much.

LeBron was still courtside on Sunday for a quarterfinal game at Summer League, showing his support and being a good teammate. He gave Hart a hug on the court. Brandon Ingram stopped by and talked with LeBron for a bit.

LeBron watched the Lakers continue their strong run through the Summer League, racking up a 101-78 win. LeBron was into it, when Mykhailiuk took a shot midway through the first quarter LeBron yelled, ‘cash only!”  The shot was nothing but net.

The Lakers are on to the Summer League semifinals. Los Angeles won the Vegas Summer League last year.

 

After losing to his father in golf, Stephen Curry leaps into Lake Tahoe

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Golf fanatic Stephen Curry was clearly enjoying himself on the links at the American Century Championship celebrity golf event in Lake Tahoe this past weekend.

But he couldn’t beat his father, Dell.

The price? Curry (and his caddy) had to jump in the lake. Check out the video above.

For the record, Tony Romo won the event.

 

Spurs’ pick Chimezie Metu to miss time with fractured wrist

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Chimezie Metu showed some promise in the Summer League games he played for San Antonio, scoring 12.5 points a game on 55 percent shooting in Las Vegas, and 10.7 per game on 54 percent shooting in Salt Lake City. The second round pick of the Spurs (No. 49 overall) is raw and needs a lot of development, but he can get buckets. The potential is there.

That development is going to be on hold a while, as what was thought to be a sprained wrist has turned out to be a fracture.

From Tom Osborn of the San Antonio Express-News.

After an examination Saturday, the Spurs medical staff downgraded second-round pick Chimezie Metu’s left wrist injury from a sprain to a fracture, a league source said Saturday.

Metu was injured late in the Spurs’ 95-90 win over Washington on July 8 at the Las Vegas Summer League, when he landed awkwardly after leaping to catch a lob pass at the rim. The 6-foot-10 big man finished the game but was sidelined for the remainder of the schedule.

After undergoing X-rays at the Thomas & Mack Center, Metu was diagnosed with a sprain. But Spurs’ team doctors suspected a possible fracture, which was confirmed after Metu returned to San Antonio on Saturday.

Metu should be good to go by training camp. Metu is hoping his summer and training camp play will earn him a roster spot, although the Spurs tend not to sign second-round picks the year they were drafted (they tend to let them spend a year or two in the G-League or in Europe). A lot of his chances on making the roster depend on any other moves the Spurs make this summer and what their roster looks like come the fall.