Posts published by Larry Coon

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Curry’s Option Now May Give Knicks Options Later

In a move that should come as a surprise to no one, Knicks center Eddy Curry has exercised his contract option for the 2010-11 season. Curry locks in $11,276,863 in guaranteed salary by electing to forgo free agency and remain with the Knicks for another year. He had until June 30 to decide whether to opt in or out.

This move was expected because the market value for the underperforming center is far below his Knicks salary. Curry’s 2009-10 season was an unqualified disaster. He appeared in only seven games, was benched by Coach Mike D’Antoni and later suffered a right calf injury. He averaged 3.7 points and 1.9 rebounds per game.
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Tickets to Finals Will Cost

According to SeatGeek.com, which tracks the price of event tickets on the secondary market, tickets for Thursday’s Game 4 at TD Garden in Boston are averaging $549. That represents a $99 drop from its high of $648 prior to Game 3.

Prices vary widely with the seating location, of course. Tickets for Game 4 in the upper reaches of the Garden, behind the baseline, currently can be purchased for as little as $229 each. If you want to be as close to the action as possible, plan to spend as much as $5,530 for a courtside seat.

Game 5, which will be the final game played this season at the Garden, is currently averaging $743 per ticket on the secondary market. The range is currently $269 (uppers, behind the basket) to $7,824 (courtside).

The term “premium pricing” will take on a whole new meaning should the series return to L.A. for Games 6 and 7. Average prices for these two games are $1,328 and $1,285. The lower average price for Game 7 tickets probably reflects the uncertainty over the game being played.
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A Perkins Technical Could Prove Costly

The Celtics’ Kendrick Perkins had better watch out — after his next technical foul, he will be forced to sit out a game. Having accumulated six technicals over the course of 16 games — with as many as nine left to play — he had better make sure his suit is pressed, as he’ll need something to wear while sitting on the sideline. It isn’t hyperbole to say that a technical foul at a critical juncture can alter the course of this year’s playoffs.

Technical fouls result in a free throw for the opponent, along with a fine for the player. In the regular season the fine is $1,000 for each of the player’s first five technicals, $1,500 for each of the sixth through 10th, and $2,000 for each of the 11th through 15th.

Starting with the 16th technical in the regular season, the stakes get a lot higher. The fine increases to $2,500, and the player is suspended one game for every even-numbered technical (16th, 18 th, etc.).

This season, no players were suspended, although Perkins and Dwight Howard came the closest with 15 each. In all, 20 players were at least halfway there with eight or more technical fouls.

Among coaches, Alvin Gentry and Scott Skiles led the way with 11 each, and an additional four coaches had at least eight.

There is a review process at the league office, where technicals assessed during the game might later be rescinded. Howard, Rasheed Wallace and 10 other players all had technicals rescinded in this manner. Among coaches, only Rick Carlisle and Doc Rivers had a technical foul rescinded.

The counts all reset at the start of the playoffs, and the stakes get higher. The fines increase with the third and fifth technicals, and suspensions start with the seventh — and repeat with every subsequent odd-numbered technical (9th, 11th, etc.)

Among players still active in the playoffs, Perkins leads the way with six, while Matt Barnes, Kevin Garnett and Rasheed Wallace each have four. Kobe Bryant and Rajon Rondo have three each, and another 13 players have at least one.

Among active playoff coaches, Stan Van Gundy leads the way with three, while Phil Jackson and Alvin Gentry have one each.

There is an inherent inequity in applying a threshold of seven technical fouls for every player. A player on a seventh or eighth seed likely won’t get past the first round, and therefore doesn’t need to conserve. But players on contending teams may play as many as 28 games in the playoffs. The first guy can rack up a technical per game, but the second guy will be suspended in the Finals if he accumulates only one technical every four games.

One solution to this problem would be to raise the threshold in each round of the playoffs. For example, in the first round, a suspension would be assessed after the fifth technical. The threshold would increase to six in the second round, to seven in the Conference Finals, and finally to eight in the Finals.

If such a change is made, it can’t come too soon for Perkins.

Short Playoff Series and the Salary Cap

David Stern, the commissioner of the N.B.A., projected last month that the league’s 2010-11 salary cap would be about $56.1 million when figures were released in early July, but he admitted they “might have to hustle to get it.”

His disclosure came just before the start of the playoffs — and since that time, things might not have gone quite the way he expected. Six of the 12 playoff series in the first two rounds ended in four or five games, and the Celtics-Magic series looked for a while as if it would end in a sweep.

The league expanded the first round to seven games from five in 2003, and since that time the playoffs have lasted as few as 79 games and as many as 89, with an average of about 85. This year’s edition can finish in as few as 78 games or as many as 84 — although 84 would be a stretch. A more likely total is 80 — which would rank this year’s playoffs among the shortest since the first round expanded.

It is commonly believed that the league wants playoff series to go as long as possible — that’s only logical, since more games mean more revenue. But some even go so far as to suggest the league manipulates games (via the officiating) to ensure six- and seven-game series. This year’s playoffs fly in the face of such grand conspiracy theories.

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Every Million Counts for the Knicks

As reported in Off the Dribble, the Knicks got some good news on Friday when N.B.A. Commissioner David Stern provided an updated projection for the league’s salary cap. Revealing that the 2009-10 season is going better than originally thought, Stern indicated that the league was now projecting a 2010-11 salary cap of $56.1 million — although he acknowledged that “maybe we’ll have to hustle and get it.”

“It’s based upon really herculean efforts on our teams of group sales, individual game sales, new sponsorship opportunities,” Stern said. “So over all, it was a relatively optimistic and upbeat season.”

A cap of $56.1 million would be a godsend for several teams, including the Knicks. The revised estimate still represents a decrease in the cap for only the third time. For anyone on a budget, less belt-tightening is a good thing.
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Kobe Bryant’s Contract Extension

The Lakers took Kobe Bryant off the market last week, signing their franchise player to a three-year extension on Friday. Bryant had the option to become an unrestricted free agent this summer and join players like LeBron James on the open market. Instead he chose to lock in with the Lakers through the 2013-14 season.

The extension takes effect in 2011-12 with a salary of $25,244,493. It also pays $27,849,149 and $30,453,805 in 2012-13 and 2013-14.

Bryant’s extension does not contain an option or ETO, which means he will not have the ability to terminate his contract early and become a free agent before 2014. His extension continues both the trade kicker (a lump sum bonus of 15 percent of the remaining value of his contract should he be traded) and the no-trade clause from his current contract.
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Ilgauskas Trade Highlights Salary Cap Quirks

Cleveland traded Zydrunas Ilgauskas to Washington on February 17, as part of a three-team deal that also brought Antawn Jamison to the Cavs. Ilgauskas was included in the trade for financial reasons only, with his salary providing the ballast needed to make the trade legal. Sure enough, Ilgauskas was waived on February 25, without playing a single game for the Wizards.

While Ilgauskas was free to sign with any team but Cleveland as soon as he cleared waivers, he chose to wait the required 30 days and rejoin the Cavs. On March 23 he signed a contract with Cleveland that will pay him $925,000 for the remainder of the season.

Ilgauskas provides an excellent case study for a number of salary cap nuances.

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Updating the Status of Labor Talks

Derek Fisher of the Los Angeles Lakers, the president of the players association, spoke briefly with Off the Dribble last week about the status of the continuing labor negotiations.

To review, the league and the players last met over All-Star weekend to discuss the league’s first proposal. These talks, which were described as contentious and heated, resulted in the owners pulling their proposal off the table.

The union’s vice president, Adonal Foyle of the Orlando Magic, summed it up the league’s proposal as ludicrous.

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Foreign Leagues May Be Players’ Trump Card

Is it time to rethink the summer of LeBron James?

James, along with Dwyane Wade, Chris Bosh, Kobe Bryant, Paul Pierce, Dirk Nowitzki, Yao Ming and Amar’e Stoudemire – just to name a few – head the famous N.B.A. free-agent class of 2010. They all have something else in common: they are signed through the 2010-11 season but possess options or ETOs allowing them to become free agents this summer rather than next.

Conventional wisdom (including from yours truly) says that these players should avail themselves of their options and become free agents this summer. This allows them to sign long-term deals under the purview of the current collective bargaining agreement. Should they instead let their contracts run out in 2011, their new contracts will fall under the terms of the next agreement.

That would be a bad idea. Nobody harbors any illusions about the strength of the players’ negotiating position as talks proceed. It is widely assumed that the next agreement will tilt strongly in favor of the owners, given economic realities (according to Forbes, 12 of the 30 teams are losing money) and the biggest weapon looming in the league’s arsenal: a lockout. Should a lockout occur, the owners know the players will fold before they do.

So, these players will most likely use the summer of 2010 to lock in the last long-term, big-money contracts we’ll see for a long time.

But then what?

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Breaking Down LeBron James’s Suitors (Part II)

The second of two parts looking at teams that will have the ability to offer LeBron James a maximum contract. Monday’s segment looked at the Cavaliers and the Knicks; today covers the remaining teams with enough salary-cap room to sign James.

Miami will enter the free agent market loaded with cap room, and with the ability to offer James something no other team can offer: another superstar. Dwyane Wade will also be a free agent this summer, and seems likely to remain in Miami (although Chicago will certainly be among the teams making a strong push for him). Will James want to join Wade and Michael Beasley on Pat Riley’s Heat?

It would seem that Miami would have the same difficulty filling out their bench that New York would have. After signing James the Heat would have another $2 million or so left to sign another free agent, and then would have nothing left to offer but minimum-salary contracts.

But another question is whether James would be interested in teaming up with Wade at all. It’s not that they wouldn’t make a terrific frontcourt-backcourt tandem, because they would. But if James teams up with another superstar and wins a title, it would always be THEIR title. It wouldn’t be HIS title. Kobe Bryant experienced this with Shaquille O’Neal, and didn’t seem to be truly satisfied until he led a team that was his own to a championship last year. Would James want the same?
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