Basketball Wiretap

14 NBA Teams Lost Money During 16-17 Season

Sep 19, 2017 10:41 AM

Fourteen of the NBA's 30 teams lost money during the 16-17 season before collecting revenue sharing payments. Nine of those teams lost money even after receiving those payments despite the NBA's new television deal.

The Board of Governors will address the gap between the NBA's most profitable teams and the rest of the league on Sept. 27-28. Owners have planned a half-day review of the league's revenue-sharing system.

The nine teams that lost money even with revenue sharing were the Atlanta Hawks, Brooklyn Nets, Cleveland Cavaliers, Detroit Pistons, Memphis Grizzlies, Milwaukee Bucks, Orlando Magic, San Antonio Spurs and Washington Wizards.

"Teams in small markets are told we need to run our businesses better so we can make money," one ownership source told ESPN.com. "But teams in the largest markets can run their businesses poorly and still make money."

In all, 10 teams transferred $201 million combined in revenue-sharing to 15 other teams in 2016-17, according to the documents. 

 

Brian Windhorst, Zach Lowe/ESPN

Tags: NBA, NBA CBA

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Dante Cunningham, Pelicans Agree Upon One-Year, $2.3M Deal

Sep 19, 2017 3:02 PM

The New Orleans Pelicans have agreed upon a one-year, $2.3 million deal with Dante Cunningham.

Cunningham also considered signing with the Minnesota Timberwolves.

Shams Charania/The Vertical

Tags: Dante Cunningham, Minnesota Timberwolves, New Orleans Pelicans, NBA, NBA Signing Rumor, NBA Misc Rumor

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Bulls Hire Doug Collins As Senior Advisor Of Basketball Ops

Sep 19, 2017 10:43 AM

The Chicago Bulls have hired Doug Collins as a Senior Advisor of Basketball Operations. In his new role with the club, Collins will report to Executive Vice President of Basketball Operations John Paxson.

One of the most respected figures in all of basketball, Collins returns to the Bulls with more than 40 years of experience in the NBA. In this capacity, he will serve as an expert resource for the front office and coaching staff.

“Doug will be great in this capacity for our organization. The position of ‘senior advisor’ has proven to work well around the NBA in recent years, and I am confident the same will hold true with the Bulls,” said Chicago Bulls Chairman Jerry Reinsdorf. “The fact that our relationship goes back more than 30 years certainly helps, but he is especially qualified to assist our leadership in rebuilding the Bulls.”

“People who know me know the respect that I have for Jerry, Michael, and the Chicago Bulls organization. I am looking forward to getting started and helping everyone,” said Collins. “To be able to stay involved in the NBA and work with John, Gar, Fred and their respective staffs, while not having to leave my family and continuing to live in one of the greatest cities in the world—the fit couldn't be any better for me at this point in my life.”

RealGM Staff Report

Tags: Chicago Bulls, NBA, NBA Misc Rumor

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Kevin Durant Apologizes For Twitter Comments About Thunder, Billy Donovan

Sep 19, 2017 2:39 PM

Kevin Durant spoke about his Twitter incident from Monday in which he was caught talking about Billy Donovan and the Oklahoma City Thunder from a fake account.

"I have another Instagram account, but that's just for my friends and family," said Durant. "So I wouldn't say I was using it to clap back at anyone. I use Twitter to engage with fans. I think it's a great way to engage with basketball fans. I happened to take it a little too far. That's what happens sometimes when I get into these basketball debates about what I really love, to play basketball.

"I don't regret clapping back at anybody or talking to my fans on Twitter. I do regret using my former coach's name and the former organization I played for. That was childish. That was idiotic, all those type of words. I apologize for that.

"I don't think I'll stop engaging with fans. I really enjoy it and it's a good way to connect us all, but I'll scale back a little bit right now and just focus on playing basketball. I'll move on from that, it was tough to deal with yesterday. I was pretty mad at myself. Definitely want to move on and keep playing basketball.

Anthony Slater/The Oklahoman

Tags: Kevin Durant, Golden State Warriors, Oklahoma City Thunder, NBA

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Expansion, Relocation Discussed As Teams Take Financial Losses

Sep 19, 2017 10:54 AM

The topic of expansion was raised by at least one owner during a recent Board of Governors session.

The NBA owners could split an expansion fee of potentially more than $1 billion, which is not split evenly with the players.

The NBA has one major market city attempting to bring a team back in Seattle.

Some profitable teams have suggested the NBA consider relocating some of the teams losing the most money to stronger markets.

Brian Windhorst, Zach Lowe/ESPN

Tags: NBA, NBA CBA

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Ten Teams Transferred $201M In Revenue Sharing To 15 Other Teams

Sep 19, 2017 10:59 AM

After the 16-17 season, 10 teams transferred a combined $201 million in revenue sharing to 15 other teams.

The Toronto Raptors, Brooklyn Nets, Miami Heat, Dallas Mavericks and Philadelphia 76ers neither contributed or received in revenue sharing.

The Golden State Warriors, New York Knicks, Los Angeles Lakers and Chicago Bulls contributed $144 million (71.5 percent) of revenue sharing transfers.

"The need for revenue sharing was supposed to be for special circumstances," one large-market owner told ESPN.com, "not permanent subsidies."

Zach Lowe, Brian Windhorst/ESPN

Tags: NBA, NBA CBA

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Andrew Bogut Agrees Upon One-Year, $2.3M Deal With Lakers

Sep 19, 2017 12:05 AM

Andrew Bogut has agreed upon a one-year, $2.3 million deal with the Los Angeles Lakers.

Bogut chose the Lakers for the chance to reunite with Luke Walton and play a key role as a veteran big.

Bogut has recovered from the fractured leg he suffered while with the Cleveland Cavaliers late last season.

Bogut spent part of last season with the Dallas Mavericks after the Golden State Warriors traded him in a cap clearing move.

Shams Charania/The Vertical

Tags: Andrew Bogut, Los Angeles Lakers, NBA, NBA Signing Rumor, NBA Misc Rumor

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Heat Exercise Fourth-Year Option On Justise Winslow

Sep 19, 2017 12:11 PM

The Miami Heat have exercised their fourth-year team option on Justise Winslow. 

Winslow, who was originally selected by the Heat in the first round (10th overall) in the 2015 NBA Draft, has appeared in 96 career games (23 starts) with Miami averaging 7.3 points, 5.2 rebounds, 1.9 assists and 29.8 minutes while shooting 40 percent from the field.

Winslow was one of eight Heat players to average double-figures in points (10.9) last season, marking the most for any team in the NBA. The former NBA All-Rookie Second Team selection appeared in 78 games in 2015-16, becoming just the fifth rookie to lead the HEAT in games played during a single-season. 

RealGM Staff Report

Tags: Justise Winslow, Miami Heat, NBA, NBA Signing Rumor, NBA Misc Rumor

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Dwight Howard: I Never Recovered From Dwightmare Period

Sep 19, 2017 4:54 PM

Dwight Howard's future with the Orlando Magic and long dragged out exit dominated the NBA landscape in 2012 and he feels like the period has continued to plague his career five years later.  Lee Jenkins writes that "Howard can't stop reliving" some of the details of his Dwightmare period.

“In a lot of ways, I feel like I never recovered,” said Howard.

Howard played through a torn labrum with the Los Angeles Lakers in an effort to regain his reputation around the NBA.

“I lost confidence in who I am as a player,” he recalls. “I’d hear people say, ‘You should play more like Shaq,’ so I tried to bully guys. But that didn’t work because I’m not as big as Shaq. Then I’d hear people say, ‘You smile too much, you should be more like Kobe,’ so I tried to put on a mean face and play mad. But I wound up getting all these stupid techs and flagrant fouls.” 

Lee Jenkins/Sports Illustrated

Tags: Charlotte Hornets, Los Angeles Lakers, Orlando Magic, NBA, NBA Misc Rumor

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NBA To Use More Data-Driven, Analytical Structure Overseeing Referees

Sep 18, 2017 8:16 PM

The NBA has been pursuing a more data-driven and analytical management structure over their referees and Bob Delaney will no longer oversee the league's referees.

"When it comes to referee development and training, there is no finish line," Delaney said in a statement issued by the NBA. "There is, however, always a finish line for one's career. I was fortunate to work not only on the court as a referee, but also in the league office and as Director of Officials. Full of memories, pride and respect for the dedicated professionals who will continue to uphold the traditions of referee excellence which are in place and ever-advancing, I am now at that finish line. I will be relocating to the Atlanta area to begin my next chapter, and will continue to serve as an NBA consultant and NBA Cares Ambassador. It has been an honor to be a part of the NBA for the past three decades and leading the Officiating Staff has been the highlight of my NBA career."

Byron Spruell has been working to reshape the administering, training and recruitment pools of the league's referees since being hired by the NBA in 2016. 

Adrian Wojnarowski/ESPN

Tags: NBA

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Heat Sign Erik McCree
Erik McCree played three seasons at Louisiana Tech.

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Ivan Rabb, Grizzlies Close To Three-Year Deal
Ivan Rabb was the 35th overall pick in the 2017 NBA Draft out of Cal.

Marc J. Spears/The Undefeated

Lakers Promote Jordan Wilkes, Josh Wright, Kristen Andrews, Adi Vase
Jordan Wilkes is responsible for assisting General Manager Rob Pelinka in the day-to-day operations of the team.

RealGM Staff Report

Magic Promote Jay Hernandez, Matt Hill To Assistant Coach
Jay Hernandez enters his fourth season with the Orlando Magic and first as assistant coach.

Suns Sign Alec Peters
Alec Peters was the Suns' selection with the 54th overall pick in the 2017 NBA Draft.

RealGM Staff Report

Brandon Rush Agrees Upon Deal With Bucks
Brandon Rush spent last season with the Bucks.

RealGM Staff Report

Andrew Wiggins, Wolves Expected To Finalize $148M Extension Before Camp
Andrew Wiggins and the Wolves have been close to agreement on a five-year, $148 million extension for several weeks.

Darren Wolfson/ESPN

Kyrie Irving: You Can't Put A Price On Happiness
Kyrie Irving went on ESPN's "First Take" on Monday and was asked about why he wanted to be traded by the Cavaliers.

ESPN (via Alex Reimer/WEEI)

Wolves Sign Amile Jefferson, Melo Trimble
Amile Jefferson played with the Timberwolves in the 2017 Las Vegas Summer League, averaging 2.2 points, 3.6 rebounds and 11.0 minutes in five games.

RealGM Staff Report

Goran Dragic Leads Slovenia To 2017 EuroBasket Title
Goran Dragic had 35 points, 7 rebounds and 3 assists in the championship game.

RealGM Staff Report

Mason Plumlee, Nuggets Agree Upon Three-Year, $41M Deal
Denver was able to avoid Mason Plumlee signing a $4.6 million qualifying offer.

Adrian Wojnarowski/ESPN

Dunc'd On: ORL Season Outlook with Danny Leroux, PHX with Michael Schwartz
Nate Duncan and Danny Leroux discuss the season outlook for the Magic, then Michael Shwartz joins Nate to preview the season for the Suns

Jaylen Brown Seeking Active Role In Union
The Celtics will need to appoint a new player rep following the departure of Kelly Olynyk to the Heat.

Gary Washburn/Boston Globe

Scott Perry Feels Well-Prepared For Opportunity With Knicks
Scott Perry has a difficult job in working to rebuild the Knicks as they transition out of the Carmelo Anthony era.

Gary Washburn/Boston Globe

Danny Ainge: Celtics Didn't Plan On Making So Many Changes
The Celtics will enter training camp with potentially 11 new players as they've overturned their roster this offseason.

Gary Washburn/Boston Globe

Dirk Nowitzki Will Make Retirement Decision Based On Health
Dirk Nowitzki can see himself playing for several more seasons if he can stay healthy.

Eddie Sefko/Dallas Morning News

Anthony Randolph Interested In NBA Return If He Has Defined Role
Anthony Randolph can make 3s, switch screens and catch lobs, which has put him back onto the NBA radar.

Mike Schmitz/ESPN

Vecsey: LeBron James 'Definitively' Leaving Cavaliers For Lakers In 2018
The Lakers are preserving their cap space and looking to create more for 2018 in order to sign two max contract players.

Peter Vecsey/Patreon

Jason Terry Agrees To Re-Sign With Bucks On One-Year, $2.3M Deal
Jason Terry gave the Bucks a veteran bench option in the backcourt last season.

Shams Charania/The Vertical

Andrew Bogut's Tibia Has Completely Healed
A radiology report on Andrew Bogut shows the leg is "solidly united," according to agent David Bauman.

David Aldridge/NBA.com