Posts Tagged ‘Warren Buffett’

Morning shootaround — Dec. 16


VIDEO: Highlights from games played Dec. 15

NEWS OF THE MORNING

Kings, Malone were a stylistic mismatch | Monroe denies trade rumors | Bucks win thriller but lose Parker | Blazers lose Lopez for ‘a while

No. 1: Kings, Malone were a stylistic mismatch — Two days after the surprise firing of coach Michael Malone in Sacramento, we’re finally starting to get a few explanations. In a session yesterday with the media, Kings GM Pete D’Allesandro said it didn’t matter what Malone’s record was, it was more about the team’s style of play and philosophy. As Jason Jones writes in the Sacramento Bee

Malone was a coaching disciple of defensive-minded Jeff Van Gundy and Malone’s father, Brendan, an assistant with the “Bad Boy” Detroit Pistons when they won NBA championships in 1989 and 1990.

But defense is not what the front office or ownership wants to sell to fans.

“It wasn’t about wins and losses,” D’Alessandro said. “I didn’t really care about what our record was. It’s about who we want to be, what we want our identity to be as a team.”

That vision is a team that plays a fast-paced offensive style Tyrone Corbin will try to implement as interim coach.

D’Alessandro would like to see the Kings play like the Rick Adelman-coached Sacramento teams more than a decade ago, when they piled up wins with a dynamic offense – especially with the new downtown arena expected to open in 2016.

“What we’re trying to do is put a style in that reflects the Sacramento fan base, which to us is a free-flowing, up-and-down style of play,” D’Alessandro said. “That’s what we’re striving for; we have time now to install it before we get there. I think it’s going to ignite the arena when we’re playing with the style of play we intend to play with.”

Now the questions are whether the Kings, 11-13 overall and 2-7 without Cousins, have the players to make that style work and direct the team long term.

D’Alessandro wouldn’t commit to Corbin for the rest of the season, though he said Corbin has his support. The Kings are interested in veteran coach George Karl, an analyst for ESPN who was fired by Denver following the 2012-13 season, according to league sources. D’Alessandro worked with Karl in Denver.

Chris Mullin, a Hall of Fame player and an adviser to primary owner Vivek Ranadive, might be interested in the job, league sources said.

Until a permanent coach is hired, Corbin will have the challenge of changing the team’s style.

“It’s so new right now,” Corbin said. “I’m just trying to weather the storm right now and get these guys ready to play a game (Tuesday).”

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No. 2: Monroe denies trade rumors — A day after a story in the Sporting News reported that he “badly” wanted to be traded by the Detroit Pistons, both Greg Monroe and Pistons coach Stan Van Gundy strongly refuted the rumors that Monroe was on the block. As Vince Ellis writes in the Detroit Free-Press

“They put that stuff out there, say somebody said it and then I got to answer for it, I really don’t have time for that,” Monroe said before tonight’s game at the Los Angeles Clippers.

On the rumors, he added: “It’s getting more irritating. We lost 13 games in row, won a couple of games, and now you got to hear this.”

Sporting News writer Sean Deveney, citing sources, says Monroe “badly” wants out of Detroit and that the team is seeking a first-round pick in return.

He emphatically said he is open to re-signing with the Pistons.

Pistons coach Stan Van Gundy also denied the aspect of the Sporting News report saying the Pistons were seeking a first-round pick for Monroe. “I don’t know where that stuff comes from,” Van Gundy said. “We haven’t talked to anybody about trading Greg Monroe.”

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No. 3: Bucks win thriller but lose Parker — On the one hand, it was a big night for the Milwaukee Bucks in the desert, as they battled the Phoenix Suns and won on a game-winning buzzer beater. But on the other hand, the Bucks had to play most of the second half without rookie of the year candidate and franchise building block Jabari Parker, who went down with a non-contact knee injury and wasn’t able to return. As Charles Gardner writes for the Milwaukee Journal Sentinel

Parker’s left knee buckled without contact as he made a drive in transition and he was unable to leave the floor under his own power. He was carried off the court by teammates Zaza Pachulia and Johnny O’Bryant.

“As of right now we don’t know anything. They’ll do all the tests tomorrow and we’ll be able to report something then,” Bucks coach Jason Kidd said after the game.

Pachulia, who played a key role in the Bucks’ comeback victory, said all of Parker’s teammates were wishing him the best.

“I hope he’s going to be OK,” Pachulia said. “He’s a great young player. This team and this organization, the whole city counts on him. He has a lot of years ahead of him in his great career. Injuries are part of the game.

“I hope it’s not anything serious. We are all praying for him.

“It was tough to see your teammate going down and not being able to walk himself. We’ll see what happens tomorrow. The doctor is going to make a decision, obviously. But we want to him to have a speedy recovery, whatever it is. We really need him.”

Parker was driving to the basket but his knee gave way before he had mild contact with the Suns’ P.J. Tucker. A double foul was called on the play but there was little contact to merit that.

Jared Dudley said Parker “is the franchise.”

“He’s young; he’s a rookie,” Dudley said. “The good thing about it is he was smiling when he came in, so that’s always good. He was in, I don’t think it was a cast, but something where you couldn’t bend it, obviously.

“He’ll get an MRI. We’re hoping it’s just a sprain where you get him back in a couple weeks. You don’t want to have anything with him, so keep him in your prayers.”

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No. 4: Blazers lose Lopez for ‘a while — Meanwhile in Portland, the Blazers knocked off the defending champion Spurs, but in the process lost starting center Robin Lopez to a fractured hand. According to Portland coach Terry Stotts, Lopez will be out “a while,” and having to make do without Lopez is not something that the Blazers are relishing, writes Joe Freeman for The Oregonian

“I don’t even want to think about having to play without RoLo,” All-Star point guard Damian Lillard said.

Lopez said he wasn’t sure how he suffered the injury, but it looked like he smacked his hand against the back of Boris Diaw‘s head while pursuing a rebound under the hoop. Lopez didn’t show any immediate pain or discomfort and he continued to play with the fracture for a few minutes. Eventually he was pulled from the game, however, and preliminary tests indicated that he fractured his hand in two places.

“At first I thought I just jammed a finger or something,” Lopez said. “I didn’t hear a pop and I didn’t feel any pain or anything. So I was just trying to shake it off. But as play went along, my hand never could regain any strength, so I figured I was more of a liability out there.”

The true liability lies in Lopez’s absence, particularly a lengthy one. In many ways, he’s the heart and soul of the Blazers’ starting lineup, a selfless, rugged, lane-clogging big man who is the unsung hero to their free-wheeling offense and linchpin to their improved defense. Lopez is averaging just 9.6 points and 7.2 rebounds per game, but his value is not measured solely in statistics. He’s the team’s best screener, best interior defender and most unselfish player.

How important is he to the Blazers’ success? They are 73-34 with him on the roster and last season — his first in Portland — he was an integral part of the first Blazers team in 14 years to win a playoff series.

“I don’t like it, I don’t like it, I don’t like it,” LaMarcus Aldridge said, when asked about the prospect of playing without Lopez. “That’s it. I can’t get past I don’t like it.

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SOME RANDOM LINKS: Pacers owner Herb Simon says he’d be fine with a trade to bring back Lance Stephenson, but it’s not his call … Billionaire businessman Warren Buffet sat courtside in Cleveland last night to see LeBron James play … Kobe Bryant on passing Michael Jordan and the time he almost quit basketball for soccer … Mike Fratello will remain coach of the Ukraine National Team for at least a few more years … Darko Milicic will make his kickboxing debut later this week …

The World Weighs In On The Lin Decision

HANG TIME HEADQUARTERS – The reaction to the news that the Knicks passed on an opportunity to keep Jeremy Lin in New York has been as one-sided as it has been swift.

Few people (fans, pundits, casual observers, cab drivers, finance experts, etc.) think it was wise for the Knicks to allow Lin to go to the Houston Rockets because they thought three years and $25.1 million (back-loaded in the third year for the Knicks) was a sum too rich for a guy who has started just 25 games.

That blowback from the public might have something to do with the Knicks’ history of being generous with their funds —  for example, Jerome James did collect $30 million from the Knicks for what amounts to a tiny crumb of the excitement Lin produced, on and off the court.

Dive in as the (media) world weighs in on the decision by the Knicks to pass on Lin …

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Ready For The Long Weekend?

HANG TIME HEADQUARTERS – Depending on what you choose to believe, we’re either days away from the beginning of a resolution to the NBA’s labor mess … or on the verge of an even bigger chasm between the owners and players.

No one seems to know for sure, but everyone seems to have a theory (or two or three) about how this weekend’s meetings (things begin Friday in New York) will play out.

In order for an on-time start to the regular season, the sides have to come together as soon as possible. So there is a very obvious reason for all of the extra emphasis on the coming talks (as expressed by NBA Commissioner David Stern, Deputy Commissioner Adam Silver and NBPA President Derek Fisher):

Players Prepared To Sit?

Sam Amick of Sports Illustrated: Unless major concessions are made by the owners by then, the sources said players are prepared to show a united front and express their willingness to sit out the entire season — if not more. There is a growing sentiment that missing the start of the regular season could mean missing the entire season, one that was recently reflected in the comments of agent David Falk. There has even been renewed talk of players starting a league of their own, which may or may not be realistic but is certainly indicative of their level of frustration and the types of strategies being considered.

There were hints of this we-determine-our-own-destiny approach in the latest letter from NBPA president Derek Fisher to the league’s players, which was first obtained by ESPN.com.

“We are a group of some of the most talented, savvy businessmen and business owners in the world,” Fisher wrote. “We have built our own brands, launched our own and other people’s companies, helped our communities. I keep that in the forefront of my mind each time we go into a negotiating session.

“If a Bill Gates, Warren Buffett or Russell Simmons were in this, there is no way they would take a deal that is unfair. Not when we are the talent, the most coveted asset, the most valuable resource that drives this business. Keep that in your mind as we walk down this road shoulder to shoulder.”

And the talent is far from happy.

According to sources who have been briefed on the talks in New York this week, the discussion over basketball-related income and how it is divvied up is the most maddening for the NBPA. While the owners have shown a willingness to give between 46 percent and 48 percent to the players (depending on other components of the deal that are in play), it is believed that the players — who received 57 percent in the previous deal — won’t accept anything less than 53 percent (again, depending on other aspect of the potential agreement). With the league’s revenues totaling about $4 billion last season, each percentage point represents approximately $40 million.

Season Hangs In Balance

Marc Stein of ESPN.com: When NBA labor talks resume Friday, NBA commissioner David Stern is planning to threaten players with the cancellation of the entire 2011-12 season if the sides haven’t made major progress toward a deal by the end of the weekend, according to sources close to the talks.

Although sources said the union views such an extreme stance as more of a negotiating tactic than a legitimate threat, Stern went almost that far in his comments to reporters in New York on Wednesday after a second straight day of negotiations.

Referring to meetings scheduled Friday that are expected to attract as many as 15 owners and star players such as the Heat’s LeBron James, Stern said: “I’m focused on let’s get the two committees in and see whether they can either have a season or not have a season, and that’s what’s at risk this weekend.”

In 1998-99, the only season in NBA history in which regular-season games were lost to a work stoppage, no deal was reached until Jan. 6, 1999, with a 50-game season finally starting on Feb. 6, 1999.

It remains to be seen if Stern’s remarks Thursday will have the intended “scare” effect and convince players to accept a deal now on the premise that the NBA is not willing to stage a shortened season this time.

At a minimum, sources said, cancellation of regular-season games next week is a certainty if a deal isn’t within sight by Monday.

It’s Over When Stern Says It’s Over

Adrian Wojnarowski of Yahoo! Sports: When Stern dictates this lockout is over, it ends.

That’s the hard truth, the hard road to labor peace. Stern’s job is convincing the owners to pull off the press, take the 30-point victory and leave the floor with some grace and dignity.

This has been rigged for years and months and weeks, and here’s how a deal happens this weekend: In the carnage of a devastating collective bargaining loss for the union with billions of dollars redirected into owners’ pockets, Stern has to give Hunter something to take back to the players, so that the union’s bloodied, bruised and beaten executive director can still raise his arms and declare that, yes, we won.

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