Category: News (Page 122 of 199)

“60 Minutes” interview with new Nets owner Mikhail Prokhorov

Maybe the most interesting thing about the piece is that, due to a controversy in France where he flew in several models to entertain his friends, Prokhorov was “encouraged” to sell his part of a lucrative metals company…right before the global financial meltdown. The timing turned out to be perfect…

I’m really interested to see what kind of ownership style he brings to the NBA.

Bosh (kind of) discusses summer plans

Chris Bosh answered questions from the South Florida Sun Sentinel about the chances that he lands in Miami this this summer.

He knows Wade “a little bit, not a lot,” he said. So scratch the friendship angle.

“It’s nice here, but there are a lot of nice places,” he said. So scratch the South Florida angle.

“Winning,” Bosh said when asked what his decision will hinge on. “I’m fortunate enough to have enough money. After seven years in the league, I want to play on a contender.”

The Miami Herald has more about how well Dwyane Wade and Chris Bosh know each other.

“I know Dwyane a little bit, not a lot,” Bosh said. “We haven’t spent that much time outside of USA Basketball. People always are going to look for some kind of connection. That’s understandable. People are going to try to make things up. There is always going to be speculation. So I’ll let everybody write their stories and keep going about my business.”

Bosh also said that he expected it to take a while for the big names to make up their minds.

`I think it’s going to drag out for a while,” Bosh said before Sunday’s game against the Heat. “There are so many possibilities and scenarios, with guys staying with their own teams and trying to get other guys [to sign].

“You have to look at combinations and possibilities of what could happen. So I don’t expect it to be over too quickly.”

First off, this sure sounds like a guy who’s leaving town, doesn’t it?

There’s still a feeling that Toronto could swing a sign-and-trade for Bosh, so that he can sign for an extra season and more money, but that would require enough in the way of assets to get Toronto to bite. Why would Bosh bother to agree to such a scenario when it would only fleece his new team of their draft picks and/or young players? That would hurt his new team’s championship chances, correct?

The only scenario I can see at the moment is the Lakers. If Bosh wants to play in L.A. with Kobe, the Lakers could send Andrew Bynum to Toronto in return. However, Bynum’s long history of injury is only getting longer.

I still stand by my prediction that Bosh is going to walk and the Raptors will get nothing in return.


Photo from fOTOGLIF

Bucks to benefit even more from Salmons trade

Admittedly, I wasn’t a big believer in Milwaukee’s decision to trade for John Salmons, but after his terrific play has ignited the Bucks’ recent run — 16-4 since the trade, with Salmons leading the teams in scoring 10 times — it doesn’t bother me that the Bulls will have enough cap space this summer to sign a max free agent. Salmons’ positive impact already outweighs whatever might happen this summer.

I’ve been keeping an eye on the aforementioned Bulls, because as a throw-in to the Salmons trade, the Bucks have the right to swap picks if Chicago picks outside of the top 10. The Bulls have won two straight, and are now sitting at 35-38, just a half game back of the Raptors for the #8 spot in the East. More importantly for the Bucks, Chicago is sitting in the #12 spot in terms of the draft, and outside of the Hornets (34-40), no one is going to slip past them.

What does this mean? Well, barring a complete meltdown by the Bulls, the Bucks will be able to swap picks, meaning that they’ll move up from their current position (#18) into the #11-#15 range. Per the mock draft at DraftExpress, that’s the difference between Baylor’s Ekpe Udoh and Marshall’s Hassan Whiteside.

LeBron, Wade and Bosh all under the same umbrella

The 2010 NBA free agency period promises to be one of the most exciting in history as several of the league’s best players — LeBron James, Dwyane Wade, Chris Bosh, Amare Stoudemire and Joe Johnson, to name a few — could change zip codes. It looks like the “Big Three” (LeBron, Wade and Bosh) may be able to share information as the decisions are being made. All three will be represented by Creative Artists Agency.

Henry Thomas, the Chicago-based agent for Dwyane Wade and Chris Bosh, joined forces with Leon Rose, the agent for LeBron James, at Creative Artists Agency.

In a move that the parties involved have attempted to portray as unrelated, William Wesley — the ubiquitous “World Wide Wes” — will be joining the coaches’ division at CAA. Wesley, one of the most connected and influential men in basketball due to his ties to James, Kentucky coach John Calipari and essentially every tentacle of the game, will go from being unofficially powerful to officially powerful in the next 2-3 months, according to a source familiar with his plans.

What does all of this mean? Simply put, the top three NBA free agents are all under the same representation umbrella — an advantage that will allow them to freely share information about what will be a dizzying, unpredictable free-agent signing period.

Another interesting note from the article is that Toronto did offer Chris Bosh and extension, but he declined.

Some have suggested that all three could land in New York, if they were willing to take a cut in guaranteed salary and think big, in terms of championships and endorsements. The chances of three players in their prime leaving approximately $25 million to $30 million on the table isn’t likely, but it’s possible, especially since all three are in essentially the same camp. I’d like to think that LeBron, Wade and Bosh could be that pragmatic — because, on the whole, NYC would be the best long-term situation in terms of overall money and legacy — but I’m still skeptical.

However, the fact that the three superstars are good friends and, at this point, still mostly ring-less, makes the whole idea intriguing. It can only help that all three are represented by the same agency.

Wojciechowski: NFL outsmarted itself with OT change

The NFL adopted a new overtime format for the postseason, but not for the regular season. The official explanation was the possibility of player injuries. Gene Wojciechowski takes exception:

But what about the possibility of injuries during those near-worthless preseason games? If NFL owners are so concerned about player safety, then deep-six half of those exhibition games. But they won’t because those games are financial rainmakers.

Anyway, you can’t have it both ways. You can’t say you’re protecting your players in the regular season, but then not protect them in the preseason. And you can’t have one set of overtime rules in the postseason and another set in the regular season.

He goes on to explain how the different rules for the regular season could affect the postseason:

But what about the risks to the integrity of the game and the playoff process? By limiting the new OT rules to the postseason, a team could be eliminated from the playoff chase by a coin toss and ensuing field goal — the very scenario that prompted such league power brokers as Indianapolis Colts president Bill Polian to switch sides and push for the rules change.

So NFL owners are essentially admitting the old rule was flawed, and the new rule is better; yet they’re still keeping the old rule even though it could affect which teams can play under the new rule? How can so many smart owners make such a basic mistake?

As I’ve said before, the new system is better than the old system, but that isn’t saying much.

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