The National Basketball Association is a business. As much as it is both a job and teams are a brotherhood for players, and as much as it is both a sport and an exciting form of entertainment for fans; for all intents and purposes, the league is a multi-billion dollar business. With league revenue reaching $5 billion, franchise valuations escalating and teams selling for anything from $550M to $2B, the proof is in the pudding. NBA athletes often talk about the bonds of
Lance Stephenson, seen posing with $1 million in cash, will be cashing in upwards of $27 million in Charlotte. Lance Stephenson has chosen to turn down longterm offers to stay in Indiana for the Charlotte Hornets. The reports seem as perplexing as his on-court behavior. He was being offered five years and $44 million guaranteed to remain with the Pacers, but opted for three years and $18 million guaranteed—the third year is a team option. While it may seem puzzling to
As NBA free agency dominated the weekend with several big headlines — see LeBron James, Carmelo Anthony and Chris Bosh — and a avalanche of new signings, teams are now getting down to the nitty gritty of available players and are even looking at which players they can clear off the roster. That brings us to the curious case of Carlos Boozer and the Chicago Bulls.
LeBron James decision to move back home, rejoining the Cleveland Cavaliers, is less than a week old. And, yet, it is old news. At the time of James’ decision, there was ample speculation that Ray Allen would surely put off retirement to play in King James’ court, and he may yet decide to play, though there has been no decision as of yet. However, former Heat teammate Mike Miller, who—against James’ wishes—was annexed prior to last season via the amnesty provision as
By now, most of you have heard Chris Sheridan’s report that LeBron James is going back home to Cleveland. Sheridan is 100 percent confident in his source, and based on the events that took place on Wednesday, there are plenty of reasons for the Miami Heat to believe that it’s time to move on from the Big Three era. Lets take a look at some of things that went down: The Cavaliers made an indicative trade, freeing up cap space for you
The more things change, the more they stay the same. Everyone is familiar with that old cliché. It’s one the Grizzlies understand well after the 2012-13 season. Over the past year, there has been a complete changing of the guard in the Bluff City. An ownership swap was the first domino to fall when Michael Heisley officially completed the sale of the team to tech mogul Robert Pera right before the regular season began. From there, the rest of the hierarchy was
As the back-to-back defending NBA champions, one could say that the Miami Heat stand in the best position of any team in the league. That’s probably true, but the 2013-14 campaign also stands as one of the most pivotal seasons in team history. Why? After this season, LeBron James, Dwyane Wade and Chris Bosh will all have the option to test the free agent waters. Although Wade said he wants to stay in Miami, perhaps a disappointing season with an aging core could
You never know what to expect when dealing with the NBA offseason on a day-to-day basis. Some days, the biggest news turns out to be Tyreke Evans crossing up the mayor of Seattle in a Pro-Am game. Then there are days like today, where there are an endless number of eye-catching stories around the league. Here is something in particular that will make you say “whoa, really??”: Chris Paul, at one point during free agency, was going to leave Los Angeles