Monday, September 5, 2011

Re-Evaluating the Carmelo Anthony Trade

Aug 31 2011

The news that Wilson Chandler will spend the 2011-12 season in China - with no opt-out - has fans re-considering the Carmelo Anthony trade.

The deal seemed a touch lopsided at the time. The Knicks sent Chandler, Danilo Gallinari, Raymond Felton and Timofey Mozgov - all of whom were starters at one time or another - along with a 2014 first-round pick, two second-rounders and $3 million in cash to Denver, bringing back Anthony, Chauncey Billups, and some spare parts. Denver's second-half hot streak, and the Knicks' struggles to integrate Anthony and Billups, tilted the scales even further in Denver general manager Masai Ujiri's favor.

But the Knicks didn't make the deal for 2011. And what's happened since the NBA Finals has evened the ledger more than a little.

The Knicks opted to pick up the option year in Billups' contract, so he and 'Melo will be back at Madison Square Garden whenever the 2011-12 season tips off. And Anthony Carter - one of the "spare parts" in the deal - could join them; you can bet Mike D'Antoni would love to have the veteran back after Carter's impressive performance against the Celtics in the playoffs.

But some of the "Knuggets" won't be suiting up for George Karl this season. Felton was the first to go; Ujiri decided to eliminate any doubt as to who the starting point guard would be by swapping Felton for a much-older Andre Miller. And Chandler will be on the other side of the Great Wall. That leaves Denver with Gallo, Mozgov and the draft picks...

Or does it?

A lot will depend on Chandler's next move, and how restricted free agency is addressed in the next collective bargaining agreement. Theoretically, the Nuggets retain the right to match any NBA offer to Chandler, just as the Hawks did when RFA Josh Childress jetted off to Greece for two seasons. But the Chinese season ends in April - Chandler could accept the Nuggets' tender offer and return to the team for the playoffs, satisfying the last year of his NBA deal and making him a free agent in the summer of 2012. And both scenarios assume that restricted free agency exists in the next collective bargaining agreement; there's no guarantee that will be the case.

So while a lot of people are looking at Chandler's Chinese contract as a calculated gamble that the 2011-12 NBA season will be canceled or at least substantially shortened, there's another possibility. Maybe this is a ploy to get out of Denver and hit free agency in 2012, which should be a much more advantageous time to be negotiating contracts. (And as Alan Hahn has pointed out, when the Knicks may have some money to spend.)

Chandler's move also casts the Felton/Miller trade in a less-favorable light. Ujiri made the deal, in part, to make Ty Lawson the unquestioned starter at the point. At 27 years old, Felton doesn't want to settle for a backup job; Miller is 35 and may be more amenable to a bench role (though he hasn't been in the past). But with Chandler out of the picture, JR Smith gone and Arron Afflalo a restricted free agent, it appears George Karl may have a pretty significant opening in his backcourt. Maybe a big enough opening to keep Felton happy.

So how do we evaluate the trade, given recent developments? From New York's perspective, it's more than fair to question whether it would have made more sense to gamble that Anthony would have been available as a free agent. A core roster of Felton, Gallinari, Anthony, Stoudemire, Mozgov, Landry Fields and Toney Douglas would probably be better than the current version. On the other hand, I doubt many Knicks fans would be eager to sit through two-plus months (and counting) of lockout with a whole lot of cap space and no idea when or how it could be spent.

On the Denver side, Gallinari could become a breakout star - he looked very good in Karl's offense last season. But Mozgov got very little playing time. Much of the value of the deal came from Chandler... or the possibility that Ujiri could get some value from Chandler in a second trade. Right now, that possibility seems remote.


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Sunday, September 4, 2011

Texas A&M Leaving Big 12

Last summer's attempt to save the Big 12 Conference is turning out to be a temporary fix, as Texas A&M has informed the league that the Aggies are seeking a new home. Just about everyone expects that home to be the SEC.

The departure becomes official at the end of the 2011-12 academic year.

A major reshuffling of the conference seems inevitable, as the other member institutions seem increasingly dissatisfied with the Big 12's "there's Texas, and then there's everyone else" business model. UT's controversial rollout of The Longhorn Network - a joint venture with ESPN - may have been the final straw; the Texas-only television network is expected to create a massive disparity in both revenue and exposure that other conference schools cannot hope to overcome.

The move will likely touch off another round of conference realignment. The increasingly inaccurately-named Big 12 now has nine members committed beyond this season:

  1. Baylor
  2. Iowa State
  3. Kansas
  4. Kansas State
  5. Missouri
  6. Oklahoma
  7. Oklahoma State
  8. Texas
  9. Texas Tech

The league is expected to get back to an even number of members by adding at least one school. Meanwhile, adding the Aggies would leave the SEC with 13 teams: Florida, Georgia, Kentucky, South Carolina, Tennessee and Vanderbilt in the SEC East and Alabama, Arkansas, Auburn, LSU, Mississippi State and Mississippi in the West.

The least-disruptive scenario under discussion would have Arkansas move to the Big 12 in a straight one-for-one swap. But there's also been talk that the Big 12 could aim higher and offer an invite to, say, Notre Dame, BYU or Pittsburgh, and Southern Methodist has been campaigning for an invite pretty openly. If the Big 12's A&M replacement comes from outside the SEC, more moves could follow.

If the Big 12 implodes... which seems like a very real possibility... we could see a move towards the mega-conferences that many expected would emerge from the last round of re-alignment.


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Saturday, September 3, 2011

How Should the NBA Split Revenue?

Better revenue sharing won't solve the NBA's financial problems. As David Stern is fond of pointing out, you can't absorb a loss by splitting the money more evenly. But few would suggest the Association does a good job of splitting its $4 billion annual take between the owners and players or between the league's 30 teams.

Clearly, something must be done.

North America's other pro sports leagues have come up with a variety of solutions to the same problem.

The NFL is the undisputed king of revenue sharing, but the bulk of that league's money comes from national sources - TV contracts, primarily. Getting teams to share money they collect in their own markets, from local television deals, ticket sales and the like, is a very different challenge.

Major League Baseball teams all pay a set percentage of their local revenue into a fund that all franchises share, and lower-revenue teams get a larger portion of the proceeds from national deals and merchandising contracts, but that hasn't changed the fact that the Yankees' payroll is two-to-three times as large as most teams'. The NHL has a complicated system that takes a wide number of factors, including attendance and market size, into account.

The NBA's next revenue-sharing deal could very well combine elements from all of the above.


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A Second Look at the Carmelo Anthony Blockbuster

Denver general manager got four Knick starters - Raymond Felton, Danilo Gallinari, Wilson Chandler and Timofey Mozgov - as well as draft picks and cash in the deal that sent Carmelo Anthony to New York. That's far more than anyone reasonably expected in return for a soon-to-be free agent with no intention of re-signing with the Nuggets.

But less than six months later, that massive haul looks a lot less impressive. Chandler is headed to China and may not be able to appear in an NBA game this season. Felton was traded to Portland for 35-year-old Andre Miller. And while Gallinari looked like a star during his time in Denver, Mozgov was a little-used backup for George Karl's squad.

Perhaps it's time to re-evaluate the Carmelo Anthony trade.


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Knicks Pay Dolan More than Cablevision Pays in Taxes

Knicks owner James Dolan is named in a report on companies that pay their chief executives more than they pay the Federal government in taxes.

According to the study, published by the Institute for Policy Studies, Dolan was paid over $13.3 million as Cablevision's chief executive in 2010. His company received a federal tax refund of $3 million on pre-tax earnings of $591 million. The complete report, which outlines some of the strategies companies like Coca-Cola, Ford and General Electric use to avoid the taxman, is available at the Institute for Public Policy website.

Cablevision's tax-avoidance strategies are not outlined in the report, so it is unclear how much ownership of the Knicks, WNBA's New York Liberty and NHL's New York Rangers played a part.

The report also deals only with federal taxes; state and local levies are not included. Cablevision enjoys a number of substantial tax advantages in the City of New York; Madison Square Garden has been exempt from paying property tax since 1982.

Some of the companies named in the report have questioned the findings and methodology. eBay released a statement saying the Institute for Policy Studies has misrepresented their reports, and that they paid $646 million in taxes globally in 2010.


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CBA Talks: No News is Good News

There wasn't much information coming out of yesterday's CBA negotiations. But in a way, that was the best news we've heard all summer.

NBPA president Derek Fisher was the first to emerge from the six-hour meeting, held at a hotel in midtown Manhattan, but was unwilling to discuss specifics, saying only that the union's fundamental position hasn't changed and that both sides had agreed to stop sniping at each other in the press. David Stern was equally tight-lipped, saying only that the league hasn't set any specific deadlines, and that there is time to reach a deal before the 2011-12 season is impacted.

Contrast that with the aftermath of the last meeting, back on August 1; Stern left those talks saying the players were not bargaining in good faith, and followed up that accusation with a complaint to the National Labor Relations Board and a Federal lawsuit.

Compared to all that, "we're going to keep talking" sounds positively chummy.

How much time to they really have to settle things before the season takes a hit? That's hard to say. September 15th has been floated as the last day to reach an agreement before training camps - which usually begin in early October - and preseason games are affected. Clearly, it will take some time for teams to ramp up after being shuttered for two months and counting. No free agents or draft picks have been signed, and several teams will emerge from the lockout with multiple openings on their rosters.

My guess: the sides have until the end of September to reach a deal without impacting the regular season.


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Wednesday, August 31, 2011

College Basketball Power Rankings

Midnight Madness is still weeks away... but here's an early look at how the top teams of 2011-12 stack up in the eyes of your intrepid guide to basketball.

1. North Carolina

North Carolina CheerleaderGetty Images / Streeter Lecka

With Harrison Barnes and John Henson opting to stay in school for one more year, the Tar Heels are absolutely stacked this season. The emergence of Kendall Marshall as a legit point guard could be the key to an NCAA title run.

2. Kentucky

John Calipari, Memphis TigersGetty Images / Streeter Lecka

Another year, another ridiculously-talented recruiting class for John Calipari's wildcats. Incoming freshmen Anthony Davis and Marquis Teague could be NBA lottery picks. Plus, the wildcats return Terrence Jones from last season's Final Four squad.

3. Ohio State

Jared Sullinger, Ohio State BuckeyesGetty Images / Andy Lyons

Jared Sullinger would have been a top-five pick in this year's NBA Draft. His return gives Thad Matta's Buckeyes a dominant big man to play off a talented backcourt featuring Aaron Craft and William Buford.

4. Duke

Cameron Crazies in ActionGetty Images / Kevin C. Cox

The Dookies lose Kyrie Irving, Kyle Singler and Nolan Smith, but bring back the Plumlee brothers, Seth Curry and Andre Dawkins, and add Austin Rivers - Celtics' coach Doc Rivers' son and one of the top incoming freshmen of 2011-12.

5. Syracuse

Syracuse's Otto the OrangeGetty Images / Jim McIsaac

Jim Boeheim's 27-8 team returns mostly intact, with Rick Jackson the only loss. His production could be replaced by the continued development of big man Fab Melo.

6. Connecticut

Obviously, the loss of Kemba Walker is huge. But Jeremy Lamb could be Jim Calhoun's next superstar, and most of the champs' supporting cast is back to defend their title.

7. Vanderbilt

Kentucky runs the SEC with a never-ending series of one-and-dones. Vandy has taken a different route - returning every player from last year's 23-11 team - and could wind up competing with the Wildcats for the conference crown.

8. Louisville

Rick Pitino's squad out-performed expectations last season. They'll have a lot more hype this year, thanks to the incoming freshman tandem of Wayne Blackshear and Chane Behanan.

9. Memphis

Josh Pastner's squad may not reach the same heights as John Calipari's best Tiger teams, but with Adonis Thomas joining a very solid returning core, Memphis should be the class of Conference USA.

10. Florida

Guard play is key in college basketball, and Billy Donovan's club will be knee-deep in talented guards. The Gators return Kenny Boynton and Erving Walker and add Rutgers transfer Mike Rosario and freshman Brad Beal. If they can get anything out of center Patric Young, this team will be very dangerous in March.


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