When Russian billionaire Mikhail Prokhorov took over operating control
of the New Jersey Nets recently, he inherited a team hemorrhaging money.
The Nets lost $61 million last year alone, and Prokhorov absorbed a
debt of more than $180 million.
That’s the equivalent to a few cases of vodka for Prokhorov, the richest
man in Russia and the 39th wealthiest in the world, according to
Forbes’ most recent list.
Prokhorov knows little about the NBA, but a lot about business. LeBron
James likes business, too. Whether the two are a match won’t be
determined until next month. Despite being the league’s worst team last
season, the Nets have the cap space and are ready to pounce on James in
this summer’s elite free-agent class. Continue reading “Where will LeBron go? How about the Nets?” »
Maybe Jim O’Brien is trying to get himself fired. Maybe he’s gone in
the tank, just as his team has done for the past few months, and is
willing to take the cash for next season and move on back to Florida.
I’ve written it before, with a mild bit of hesitation. Continue reading “O'Brien must go — for the good of the bad Pacers” »
If a report is accurate that Denver Nuggets power forward Kenyon Martin
has a partial tear of his left patella tendon, he said he hasn’t been
given that information about his knee.
Regardless, the Nuggets, who had previously been looking for a big man,
will spend this weekend discussing what they might do. Agent Mark
Bartelstein told FanHouse the Nuggets have inquired about five of his
free-agent big men: Mark Blount, Mikki Moore, Brian Cook, Jake Voskuhl
and Rob Kurz. Continue reading “Martin In Dark About Possible Knee Tear” »
With Zydrunas Ilgauskas reaching agreement on a contract buyout with
Washington, Ilgauskas’ agent, Herb Rudoy , said Thursday that the Jazz
have expressed interest in signing the veteran center. Continue reading “Jazz interested in Ilgauskas” »
I hate trade columns.
Weeks of speculation that almost never pan out and aren’t anchored by
any kind of reality. If it’s not an agent looking to place his
client(s) somewhere else, it’s a GM, on orders of his silent owner,
looking to create a market for a player he wants to to ditch. Even the
"truth" of something, like Team A is shopping a player, is normally
calculated by Team A for its own self-interest. Plus, almost everyone
is lying this time of year; the teams that are really looking to do
something deny it even when they’re caught red-handed.
But you love them, and I get that. Nothing beats bar talk (How good
would the Cavs be with Jamison?), and it’s fun when it’s not your job
to check out every rancid, ridiculous rumor. But we are within two
weeks of the Feb. 18 trade deadline, so I guess spending a few minutes
dipping into the water isn’t going to kill me.
Continue reading “In world of trade talk, chatter rarely lives up to hype” »
With the trade deadline less than three weeks away, talks are only starting to heat up.
It’s the NBA way, due in part to the fact that team executives are
looking to assess their current roster as long as possible before
making changes. It’s also because the 11th-hour approach is written
somewhere in the general manager’s unofficial handbook. Continue reading “Real trade season coming” »
NBA commissioner David Stern has suspended Washington Wizards guard
Gilbert Arenas for the remainder of this season, the league
League sources told Yahoo! Sports that Stern had been considering two
suspension scenarios for the former All-Star: the remainder of this
season or a full 82-game ban that would extend into next season.
Sources said players association executive director Billy Hunter and association
attorneys had negotiated the suspension terms with Stern over the past
several days. If the association vowed to appeal the shorter penalty, sources
said, Stern was prepared to suspend Arenas for the full 82 games. Continue reading “NBA suspends Arenas for rest of season” »
As short-term investments go, a Knicks season-ticket plan might seem
rather ill fated. Fans last summer were asked to send thousands of
dollars to a 32-win team that had added no significant talent and was
trudging toward the second year of a wait-now, rebuild-later plan. Continue reading “Knicks Succeed by Selling an Intangible: Hope” »
Ron Artest is always good for a laugh, even the night after the Lakers
lost to the Cavs for the second time this season. But in this case, he
has a point.
Asked before the Lakers played the Knicks Friday night if the Cavs
would be a playoff team without LeBron, Artest didn’t hesitate. Continue reading “Artest: Cavs 'nothing' without LeBron” »
Perhaps it is just a coincidence that four free agents from the class
of 2010 were given the same locker in the visiting dressing room. But
it is no secret that if the Knicks can’t land LeBron James this summer,
they wouldn’t mind seeing Wade, Stoudemire, Johnson or Bosh suiting up
down the hall next season.
Continue reading “The lastest Bosh news” »