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.

WNBA suspends Riquna Williams 10 games for domestic violence

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NEW YORK (AP) The WNBA has suspended Los Angeles Sparks guard Riquna Williams 10 games for a domestic violence incident.

The WNBA handed down the suspension Tuesday. Williams was arrested on April 29 and charged with two felony counts, one involving the assault of an individual with whom she was in a relationship and the other involving a threat to another person with a firearm. Her criminal case is ongoing.

The league conducted its own investigation and consulted with a panel of experts in the field of domestic violence. Among other factors, the WNBA said it took into account the nature and seriousness of the allegations, including the involvement of a gun.

The WNBA also will require Williams to participate in counseling.

Williams’ suspension will begin with Thursday’s game against the Dallas Wings.

Report: Bulls signing Luke Kornet for guaranteed $4.5M over two years

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Just three 7-footers have averaged 3.5 3-pointers per game and made 35% of them each of the last two seasons:

The Bulls will now have most of them.

Markkanen is Chicago’s top young player. Kornet will join him with the Bulls next season.

Shams Charania of The Athletic:

I’m a little surprised Kornet got more than his minimum ($3,383,360 over two years). But it’s worth taking a flier on him.

In addition to his outside shooting, Kornet has shown good timing as a shot-blocker in two seasons with the Knicks. The 24-year-old must get stronger and improve as a rebounder to play major minutes.

But the Bulls won’t have to press him into action. They also have Thaddeus Young, Markkanen, Wendell Carter Jr., Daniel Gafford and Cristiano Felicio as bigs.

Pistons claim Christian Wood off waivers

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The Bucks waived Christian Wood late last season to ensure avoiding the luxury tax. The Pelicans claimed him. Wood had played well in limited minutes with the 76ers, Hornets and Bucks and in the NBA’s minor league since going undrafted in 2015.

New Orleans gave him his biggest opportunity yet. In 24 minutes per game over eight games, he averaged 17 points and eight rebounds.

But the Pelicans filled their roster for next season and waived Wood.

Detroit will take advantage.

Pistons release:

The Detroit Pistons announced today that the team has claimed forward/center Christian Wood off waivers.

Wood’s $1,645,357 minimum salary is unguaranteed until the regular season. So, Detroit could still waive him before the season. But it seems he’ll at least go to training camp and get a shot at a regular-season roster spot.

The Pelicans also could’ve kept him through the preseason then waived him before the regular season. They seemingly did him a favor of allowing him to get somewhere he has a realistic chance of sticking.

Blake Griffin and Andre Drummond will start in the frontcourt for the Pistons. Markieff Morris and Thon Maker appear to be first in line is backups.

But don’t be surprised if Wood earns playing time. At minimum, the 23-year-old should provide nice depth at both power forward and center.

The Pistons have also now acquired four members of last year’s Bucks – Tony Snell, Thon Maker, Tim Frazier and now Wood.

Knicks: Reggie Bullock has spine injury

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Reggie Bullock had his agreed-upon salary cut by more than half with the Knicks. He’ll reportedly miss at least a month of the regular season.

All because of a mysterious health issue.

The Knicks have finally disclosed what’s happening.

Knicks release:

Reggie Bullock underwent successful surgery today at the Hospital for Special Surgery in New York for a cervical disc herniation. The team will plan to provide an update on his rehab and progress around the start of training camp.

Bullock is a good shooter from the wing. New York could use him. Many teams could use him.

But Bullock must get healthy first.

At this point, we probably shouldn’t expect much from him any time soon. The best indication: how eagerly his agent praised the Knicks for their handling of this situation. Again, Bullock settled for less than half his initially agreed-upon salary.