Basketball Wiretap

Warriors Seeking NBA's Highest Fee For Jersey Sponsorship

Jul 15, 2016 8:56 PM

The Golden State Warriors are seeking $15 million to $20 million per season for the rights to sponsor their jersey.

It is believed the Warriors are asking more than any other team.

The NBA recently approved a three-year pilot program to allow teams to sell 2½-inch by 2½-inch patches on the upper left of jerseys, opposite what will be a swoosh from Nike, which will begin its deal as the league's official apparel-maker after the 2016-17 season.

The Philadelphia 76ers have been the first team to agree upon a deal, signing with StubHub for $5 million annually.

With Kevin Durant added to a team that won 73 games, an argument can be made that the Warriors present the most value.

Darren Rovell/ESPN

Tags: Golden State Warriors, NBA, NBA CBA

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D-League Increases Salaries For 16-17 Season

Jul 15, 2016 8:15 PM

For the past couple seasons the salary structure in place for the D-League has consisted of tiers. There were three tiers of salaries: $13,000 (C), $19,000 (B) and $25,500 (A) and each team had a salary cap of $173,000 on top of that.

 

For the 16-17 D-League season, there will only be two tiers for salaries as the “C” has been eliminated. The new salary levels will be $19,500 (B-Level) and $26,000 (A-Level) and the salary cap will rise to $209,000.

Adam Silver and D-League commissioner Malcolm Turner have been working in conjunction to build the league to 30 teams and when that point comes, there is a belief that salaries could be tripled to remain competitive.

D-League call ups made nearly $5 million in salary last season so the chance for a payoff is present.

Chris Reichert/Upside & Motor

Tags: NBA, D-League, NBA CBA

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NBA Now Has 10 Teams With $100M+ Payroll

Jul 15, 2016 8:13 PM

The NBA has 10 teams with payrolls of $100 million or more heading into the 16-17 season with five additional teams above $95 million.

A few seasons ago, the 13-14 Brooklyn Nets had a $100 million payroll that shocked the NBA.

The rise in the cap has also decreased the size of luxury tax payments. The Cavaliers had a $54 million tax this past season and the Nets had a $90 million bill for 13-14.

Bobby Marks/The Vertical

Tags: NBA, NBA CBA

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Mark Cuban Believes Warriors With Durant Will Drive Interest In NBA

Jul 14, 2016 11:06 AM

Mark Cuban believes the Golden State Warriors with Kevin Durant will drive interest in the NBA.

"They become the villain," Cuban said. "Just like when LeBron James went to Miami, I loved that there was a villain. They become the villain. I'm fine with that. Everybody's going to root for them to lose."

Adam Silver said the NBA would look at possible chances to their system to prevent a superteam like the Warriors.

Cuban declined to comment on potential changes to the CBA, other than saying that "a lot of research" will be necessary before any changes are proposed.

Tim MacMahon/ESPN

Tags: Dallas Mavericks, Golden State Warriors, NBA, NBA CBA

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Adam Silver Doesn't Think Superteams Are Good For NBA

Jul 12, 2016 9:48 PM

Adam Silver was asked for his response to the Golden State Warriors creating a superteam by signing Kevin Durant this offseason.

The Warriors and Cleveland Cavaliers are widely expected to win their conferences again for the third straight season.

"Just to be absolutely clear, I do not think that's ideal from the league standpoint," Silver said. 

"For me, part of it is designing a collective bargaining agreement that encourages the distribution of great players throughout the league. On the other hand, I absolutely respect a player's right to become a free agent and, in this case, for Kevin Durant to make a decision that he feels is best for him. I have no idea what's in his mind or heart in terms of how he went about making that decision. ...

"In a way, the good news is that we are in a collective bargaining cycle, so it gives everybody an opportunity -- owners and the union -- to sit down behind closed doors and take a fresh look at the system and see if there is a better way that we can do it. My belief is we can make it better."

Silver was frequently quoted in 2011 as saying the NBA's new Collective Bargaining Agreement would create more competitive balance.

RealGM Staff Report

Tags: NBA, NBA CBA

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Average NBA Salary Increasing From $6M To $8M

Jul 12, 2016 1:03 PM

With teams spending more than expected this offseason due to the cap spike from $70 million to more than $94 million, the NBA has lowered its cap projection for 17-18 from $107 million to $102 million.

The average player salary should leap from $6 million in 15-16 to about $8 million in 16-17, per league sources.

There should be far less NBA-wide cap space next season, which will adversely impact the 2017 class.

Zach Lowe/ESPN

Tags: NBA, NBA CBA

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NBA Made Take It Or Leave It Offer To Union On Cap Smoothing

Jul 12, 2016 12:23 PM

The NBA submitted one smoothing proposal to the union and essentially told them to take it or leave it, according to several sources.

The owners resisted any attempts to swap cap smoothing for something else to benefit the players such as an increase in rookie scale contracts or the mid-level exception.

Without a smoothing of the cap, it jumped from $70 million in 15-16 to $94.143 million for 16-17.

Zach Lowe/ESPN

Tags: NBA, NBA CBA

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Warriors Grossed Nearly $125M In Postseason Gate Reciepts

Jul 7, 2016 8:24 PM

The Golden State Warriors grossed a postseason gate approaching $125 million in revenue for 14 home games, including four apiece for the Western Conference Finals and NBA Finals.

The Warriors tied the record for the highest playoff gross during last season’s title run. 

Golden State will collect around $30 million in profit from the postseason alone.

The Warriors' financial success with their gate receipts has contributed significantly to the rise of the NBA's cap in addition to the league-wide television contract.

Tim Kawakami/San Jose Mercury News

Tags: Golden State Warriors, NBA, NBA CBA

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NBA Decreases 17-18 Cap Space Projection From $107M To $102M

Jul 7, 2016 10:54 AM

The NBA's projected salary cap for the 17-18 season has fallen from $107 million to $102 million, according to a report from Eric Pincus.

The cap for the 2017 offseason was expected by some to reach up to $110 million with teams highly anticipating the second substantial increase. The reason for the drop in cap is due to the unexpected rise in salaries.

With the cap increasing to $94 million this offseason, teams had substantially more cap space to work with, but a lower increase will limit their flexibility.

The NBA credits a “substantial increase in projected player spending for 2016-17” that will reduce the league’s projected shortfall to the players to $200 million. The NBA now expects teams to spend more this season, with the higher salary cap and luxury tax threshold ($113.3 million).  

The salary cap projects to climb to $108 million in 2018-19, $109 million in 2019-20 and $114 million in 2020-21.

The NBA's estimates sent to teams have consistently been lower than what the final accounting shows.

Eric Pincus/Basketball Insiders

Tags: NBA, NBA Signing Rumor, NBA Misc Rumor, NBA CBA

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NBA Owners Owe $131M To Players From Last Season

Jul 2, 2016 7:04 PM

NBA owners will be writing a check for $131 million to the players union for the 15-16 season.

The amount of salaries for the season fell short of the players' 51 percent guaranteed split of Basketball Related Income.

During the NBA's previous CBA, players received 57 percent of BRI but it was negotiated down to 51 percent during the 2011 lockout.

Ken Berger/CBS Sports

Tags: NBA, NBA CBA

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NBA Confirms 16-17 Cap Set At $94.143M
The NBA has confirmed the salary cap for the 16-17 season has been set at $94.143 million.

RealGM Staff Report

Over-36 Rule Currently Prevents LeBron James From Signing $200M Deal In 2017
Under current rules, LeBron James could sign a four-year, $156.8 million contract with Cleveland in 2017.

Jeff Zillgitt/USA Today

Union Encouraging Players To Take Frontloaded Contracts
The cap will be set at least $94 million this season and $107 million in 2017 before the cap flattens in 2018.

Zach Lowe/ESPN

Report: Adam Silver May Have Pressured 76ers Into Regime Change
According to sources, Adam Silver was "scared" by the "glorification of the Process" made famous by Sam Hinkie.

Jordan Brenner/ESPN

Glen Taylor Sells Shares Of Wolves, Will Remain Controlling Owner
Shares of the Wolves will be sold to the NBA's first Chinese minority owner.

Brian Windhorst/ESPN

Barack Obama Has 'Discussed' Being Part Of NBA Ownership Group
White House press secretary Josh Earnest said that Barack Obama would pursue the opportunity "potentially ... under the right circumstances."

ESPN