Articles matching tag: NBA
- Column: Big Money Salaries In Sports Can Be SustainedAugust 10, 2017
NBA free agency opened on July 1 and teams wasted no time in signing their own or other teams’ free agents to what may appear to be exorbitant contracts. Stephen Curry re-signed with the Golden State Warriors for five years and just over $200 million. Kyle Lowry signed a 3-year $100 million contract to stay with the Toronto Raptors. Gordon Hayward left the Utah Jazz to sign a 4-year $128 million contract with the Boston Celtics. Blake Griffin decided to stick with the only team he has known, the Los Angeles Clippers. You would too if they agreed to pay you $173 million over five years despite being plagued by injuries, as Griffin has been during the past few years.
- Column: Knicks Most Valuable & Most Dysfunctional NBA TeamFebruary 23, 2017
The New York Knicks are the most valuable team in the NBA, worth $3.3 billion according to Forbes’ latest estimate. They’re also the most dysfunctional team in the league, if not all of professional sports. Most dysfunctional is a difficult low bar to reach, considering that the competition includes MLB’s Miami Marlins and the NFL’s Cleveland Browns. While other teams have given the Knicks a run for their dubious title over the years, New York has earned its reputation as the team at the bottom of the heap. The Knicks are a bumbling, incompetent franchise. They have gone nowhere for the better part of two decades – only one playoff series victory in 17 years – and are heading nowhere but down in the foreseeable future. The team lost 50 games last year and has a good chance of duplicating that inglorious record this year having lost 24 of their last 33 games prior to the All-Star Game.
- Column: NBA Playing With Funny MoneyAugust 11, 2016
When Kevin Durant waved goodbye to the Oklahoma City Thunder last month and signed a two-year $54.3 million contract with the Golden State Warriors, most NBA observers predicted multiple championships in the Warriors’ future. That may prove to be true. After all, last year the Warriors finished the regular season with the best record in NBA history and fell one game short of winning the championship. They lost to LeBron James and the Cleveland Cavaliers who stormed back from a three-games-to-one deficit and unceremoniously knocked the Warriors from their anointed throne. That collapse proved, once again, that games are won on the field of play, not in the blogosphere. So it would be wise to hold the champagne and parades for the time being.
- Column: WNBA Still StrugglingJune 9, 2016
The Women’s National Basketball Association (WNBA) kicked off its 20th season on May 14 and depending on your point of view, it’s either on track to rival the success of its male counterpart or a league that’s still struggling for success and relevancy. In 1997, one year after the women’s Olympic team began a stretch of five straight gold medals and twenty-five years after the passage of Title IX, optimism ran high that the WNBA would be successful. And why not? It was underwritten by the NBA, played in first class arenas during the NBA’s “off season,” and included the greatest female basketball players in the world. League attendance in the first two seasons did nothing to dampen that enthusiasm, climbing from an average of 9,664 in its inaugural season to 10,864 in 1998.
- Column: Becoming an NBA Agent Now More Difficult and ExpensiveMarch 3, 2016
Becoming an NBA agent just got more difficult, and more expensive. Anyone who represents an NBA player must register with the union that represents the players, the National Basketball Players Association (NBPA). During the NBA All-Star Weekend in Toronto player agents approved a number of changes to the agent certification process that had been under discussion since last summer. The new NBPA rules haven’t been widely disseminated but the union provided summaries to current agents. Among the changes were increases in yearly dues, limitations on the use of third parties for recruiting purposes, disclosures on referrals to financial advisors, and a new entrance exam for those hoping to represent NBA players.
- Column: Adam Silver Endorses Sports GamblingNovember 16, 2014
Last Thursday in an op-ed piece in The New York Times, NBA Commissioner Adam Silver came out in favor of legalizing gambling on professional sports. Talk about a bombshell. Silver’s comments were in stark contrast to the decades old position of his league, which is mirrored by other professional sports leagues in this country. In 1992 the leagues lobbied Congress to pass the Professional and Amateur Sports Protection Act (PASPA) which prohibited the adoption of legalized sports betting in all but the four states - Nevada, Oregon, Delaware and Montana - where it was legal at the time. Just last month, the NBA joined MLB, the NFL, and the NHL in a legal challenge to block the state of New Jersey from implementing sports betting at casinos and racetracks.
- Column: No Longer a Man's WorldAugust 15, 2014
“This is a man’s world; this is a man’s world…” It’s a Man’s Man’s Man’s World, by James Brown That may have been the case in 1966, the year James Brown recorded his hit single that reached No. 1 on the Billboard R & B chart. But two recent female hires in the sports world suggest that, almost fifty years later, the world has changed. On July 28 the National Basketball Players Association (NBPA) elected Washington, D.C, attorney Michele Roberts as its new executive director, marking the first time a women has headed up a Major League sports union. A week later the NBA Champion San Antonio Spurs named Becky Hammon, a 16-year veteran of the WNBA, as an assistant coach. The moves were unrelated, except that combined they served to place an exclamation point on the concept of competence over sexual persuasion.
- Column: Clippers Sale Price Makes CentsJune 1, 2014
According to Investopedia, a free market is defined as, “A market economy based on supply and demand with little or no government control.” In a free market system, any item of value is worth what a seller is willing to sell it for and what a buyer is willing to pay for it. A free market system is the best way to explain the sale of the Los Angeles Clippers for an NBA record price of $2 billion dollars. It is also the second highest price ever paid for a North American sports franchise, exceeded only by the $2.1 billion paid for the Los Angeles Dodgers two years ago. If you see a similarity in the location of those two franchises, congratulations. You just passed your first marketing exam with flying colors.
- Column: Sterling Discipline About MoneyMay 4, 2014
The NBA – make that the world – has known for years that Donald Sterling, owner of the Los Angeles Clippers, is a racist. As a slumlord he refused to rent to minorities because, in his words, “black tenants smell and attract vermin.” That opinion, uttered years ago, came to light when the federal government sued Sterling for housing discrimination. And yet no one in the NBA, least of all former commissioner David Stern, felt those comments warranted so much as a slap on the wrist. Fast forward to last month. Why were Sterling’s comments – made in September during a taped (at his request) conversation with his girlfriend/assistant - about blacks so revolting as to warrant a national firestorm that led to a $2.5 million fine, a lifetime ban from the NBA and the unprecedented effort by his fellow owners to remove him from the league? The answer can be summed up in one word: Money.
- Column: Ethical Conduct Trumps WinningDecember 9, 2013
“Winning isn’t everything. It’s the only thing!” Former UCLA football coach Henry Russell “Red” Sanders The origin of the Sanders quote has been incorrectly attributed to Green Bay Packers coach Vince Lombardi. But regardless of the source, the message behind the words was recently embraced by Brooklyn Nets coach Jason Kidd and Pittsburgh Steelers coach Mike Tomlin. Kidd asked one of his players to bump into him late in a game, whereupon he intentionally spilled the cup of water in his hand onto the court. The Nets had no timeouts remaining and the move was designed to delay the game while attendants mopped up the mess. Brooklyn was losing at the time of the incident and Kidd took advantage of the interlude to draw up a last second play. Fortunately, the charade didn’t affect the outcome of the game. The NBA wasn’t amused and levied a $50,000 fine against Kidd.