April 2013 Basketball Wiretap

Jerry Colangelo's Repair Of Nike Relationship Helped Fund USA Basketball Boom

Jul 29, 2013 12:37 PM

In rebuilding USA Basketball, Jerry Colangelo's ability to get Nike on a three-year deal as a sponsor in 2005 allowed it to become a self-sufficient entity.

"The Nike relationship with the NBA had fallen apart," Colangelo said. "But I had a lot of relationships there myself. Phil Knight was a partner of mine in the baseball team in Arizona. I've known Phil Knight for so many years. Coach [George] Raveling [currently Nike's Director of International Basketball], dear friend of mind for many, many years. So the relationships were there. And it was a matter of re-establishing a relationship. But I wanted to make it clear to them, this wasn't an NBA deal. This was USA Basketball. This is our own entity and brand. And that kind of opened the door."

During the four years before the 2004 Olympics, USA Basketball had raised just $9 million and was reliant on the NBA backfilling the costs.

By 2008, USA Basketball had raised $33 million in a four-year period and raised another $35 million between 2008 and 2012.

24 Hour Fitness, American Express, Burger King, Cisco, Dr. Pepper Snapple Group, Gatorade, Jeep, Las Vegas Events, MetroPCS and Right Guard are all sponsors of USA Basketball along with Nike.

David Aldridge/NBA.com

Tags: National, National Olympics, National World Championships

Discuss
Chris Paul Leaning Toward Returning For 2016 Olympics

Jul 27, 2013 4:24 PM

Chris Paul is leaning toward playing int he 2016 Olympics after previously indicating that he would bypass the games.

Mike Krzyzewski was expected to not return as head coach of USA Basketball, but was convinced to commit to another run.

"If it had been another coach than Coach K, I was prepared to be done," Paul said.

USA will also have Derrick Rose, Kyrie Irving, Russell Westbrook and Stephen Curry to pick from at point guard.

Jeff Goodman/ESPN

Tags: Chris Paul, Los Angeles Clippers, NBA, National, National Olympics

Discuss
LeBron Unlikely To Play For Team USA Again

Jul 25, 2013 11:42 AM

LeBron James will not participate in the 2014 FIBA World Cup in Spain for Team USA and is doubtful for the 2016 Olympics in Brazil.

James won an Olympic Gold Medal in 2008 and again in 2012.

"LeBron is going to be three years older during the next Olympics. He will have two older boys. He has a lot to endure with his family," the source told Y! Sports. "He played in three Olympics. Everyone that knows LeBron knows it's always based on a decision at that moment. But if the moment was today, the answer would be no."

James will place a higher importance on offseason rest moving forward.

Kevin Durant and Kevin Love have committed to 2014, while Russell Westbrook and James Harden are expected to be play as well.

Jerry Colangelo has not asked James if he will play in 2016.

"I don't think he will ever too old," Colangelo said. "He can be 40 and still be able to play. Think of what he might be able to accomplish in terms of legacy with one more medal.

"We'll cross that bridge later."

Marc J. Spears/Yahoo! Sports

Tags: LeBron James, Miami Heat, NBA, National, National Olympics, National World Championships

Discuss