Posts Tagged ‘Wes Edens’

Bucks deny report of Kidd adding GM job


An Internet report that Milwaukee Bucks head coach Jason Kidd is expected this week to add the team’s general manager title and duties was denied by several league sources Sunday night.

“Unequivocally not true,” a source told NBA.com, echoing the words in the report itself from Jake Suski, the Bucks’ vice president of communications.

The piece, posted by OnMilwaukee.com Sunday evening and reported by longtime Milwaukee sports and news journalist Dave Begel, had heft for several reasons.

First, Begel has been a fixture on Milwaukee’s sports scene for nearly four decades. Second, Kidd’s clout within the organization is considerable. In his first season, he led the Bucks from a 15-67 finish in 2013-14 to a 41-41 mark and a Eastern Conference playoff berth. Kidd also was seen by many as one of the draws for free agent big man Greg Monroe, who left Detroit and spurned interest from both the New York Knicks and Los Angeles Lakers to agree to a three-year, $50 million deal with Milwaukee.

And finally, Kidd’s arrival in Milwaukee happened so abruptly last June – being courted as head coach by co-owners (and Kidd friends) Marc Lasry and Wes Edens while Larry Drew still held the position – that it lent credibility to another possible grab at a job currently filled by John Hammond, the Bucks’ GM since 2008.

Here is an excerpt from Begel’s report:

The move will give Kidd the two titles he wanted and that played a part in his leaving the Brooklyn Nets for the job in Milwaukee.

Kidd had moved to get both jobs in Brooklyn to replace Billy King as general manager. He didn’t want King fired, but given a title in the organization.

The Nets turned him down and then the Bucks new owners asked permission to talk to Kidd and he moved to Milwaukee shortly thereafter.

Hammond was extended with a three year contract in 2013, an extension that paid him a total of $5.5 million. He has one year left on his contract and may either stay with the team in another capacity or move on. There are reports that he has been contacting other teams and may have a lead on a new job.

But even if the Bucks ownership cuts him loose, the final year of his contract is less than $2 million, an amount that they could be willing to eat.

There have been reports that this move was one of the things that lured Kidd to Milwaukee. Doc Rivers of the Clippers and Stan Van Gundy of the Pistons also hold both jobs.

It also cited a difference of opinion on draft night between Kidd and Hammond and his staff, with the coach favoring UNLV shooting guard Rashad Vaughn over Arkansas forward Bobby Portis. The Bucks chose Vaughn with the No. 17 overall pick.

One person familiar with Milwaukee’s draft room that night told NBA.com there was no disagreement over those two players.

Meanwhile, a league source did speculate that Kidd – based on his Brooklyn pursuit of personnel power – might one day add “something like they did with [Mike] Budenholzer in Atlanta, a ‘vice president or president of basketball’ title.” That wouldn’t necessarily mean a change in Hammond’s position within the team, the source added.

Buyers? Bucks to reward ticket ‘users’


VIDEO: Jabari Parker talks with Bucks.com about his off-the-court interests

At first blush, the Milwaukee Bucks’ current ticket promotion, “Cheer The Future,” sounds like an old joke: the prize for first place is one week in Milwaukee! The prize for second place is two weeks in Milwaukee …

The Bucks were so bad last season, so seemingly far from playing competitive basketball, that the sales department’s offer of a steep discount on tickets in 2015-16 – as steep as free! – based on tickets bought and used this season might seem more punitive than generous, going strictly by their 15-67 finish in 2013-14. Milwaukee pulled off what looked to be one of the great shell games in recent NBA history, pledging not to “tank” — then-owner Herb Kohl flatly said so on Media Day — and then outtanking the other league’s bottom feeders to grab the best odds in the Draft lottery.

The move, driven by injuries and underperformance as much as any rebuilding strategy, worked out beautifully. The Bucks landed the No. 2 pick and, in selecting Duke’s Jabari Parker, wound up with a draftee most scouts think can contribute immediately. Parker also has said all the right things about pledging his services to Milwaukee long-term, and he has a built-in fan base 90 miles to the south in his hometown of Chicago.

But all that losing came at a price, and not just in pride or – for coach Larry Drew and his staff – in job security. Milwaukee’s attendance went from an average of 15,348 in the previous seven seasons to 13,511, a drop of 12 percent. After ranking between 22nd and 27th from 2006-07 through 2012-13 in home attendance, the Bucks finished last in 2013-14.

It wasn’t even just a money thing, as bad as the hemorrhaging was. The BMO Harris Bradley Center on too many nights went limp, the empty seats of the upper bowl and the quiet ones down below feeling like a betrayal of the franchise’s headier times: The championship era of Kareem Abdul-Jabbar in the 1970s. Don Nelson’s Marques Johnson-Sidney Moncrief powerhouses of the ’80s. The excitement when Ray Allen, Glenn Robinson and Sam Cassell missed the 2001 Finals by one game. And even the “Fear The Deer” surprise late in 2009-10.

That’s why this “Cheer The Future” season-ticket scheme matters not just as a way to sell tickets but to get those buyers into the building.

“We believe the best way to build our fan base and increase attendance is to show them our young, exciting team,” Ted Loehrke, the Bucks’ senior vice president and chief revenue officer, said by phone Thursday. “The whole concept is to re-introduce the Bucks to Milwaukee and the state of Wisconsin, especially young professionals and college students.”

The prices and seat locations should fit their budgets, especially if they max out the benefits. It works like this: Fans are required to commit to a two-season purchase, with discounts offered on the second year. Those who attend at least 30 games will get their 2015-16 tickets at half price. If they use tickets this season at least 35 times, the discount grows to 75 percent. And those who attend all 40 Milwaukee home games (the team plays a designated home game at London’s O2 Arena on Jan. 15 vs. New York) will get their same tickets next season for free.

The team set aside 500 seats for the promotion, which runs through Sunday. Loehrke said the response has been strong, with the remaining seats and the deadline pretty much in synch.

NBA teams have marketed hard-to-sell seats via various gimmicks. For instance, Minnesota used a “pay the pick” plan in which fans paid a per-ticket price equal to the team’s lottery position (the Wolves drafted fourth, so those seats cost $4 each). Other clubs have offered future discounts. But Loehrke said the Bucks were unaware of any team bundling purchase, attendance and discount together like this.

Milwaukee already has had an eventful offseason, starting with Kohl’s sale of the franchise to billionaire investors Wes Edens and Marc Lasry for a whopping $550 million. Parker’s selection and presentation were well-received, and the startling hire of Jason Kidd as coach – after some un-Milwaukee-like machinations behind GM John Hammond‘s back to oust Drew – generated headlines, too.

The continued development of last season’s lottery pick, Greek phenom Giannis Antetokounmpo, and 2012 first-rounder John Henson, along with some presumed face-saving resurgences by Larry Sanders, O.J. Mayo and Ersan Ilaysova are added reasons for optimism in 2014-15.

“There’s been a buzz around the team this summer unlike any we’ve seen in recent history,” Loehrke said.

Edens and Lasry are eager to energize the Bradley Center, too, to win over local and state officials and the citizens overall to their quest for a new, partially public-financed downtown arena. Sports teams know that seats, like unused hotel rooms, are an expiring asset. The Bucks want those in their aging building to be very expiring.

Mostly, though, they want them filled. This season and next.

Bucks’ Drew stays classy on way out


VIDEO: GameTime: Kidd to Milwaukee

Given what was done and how it happened, Larry Drew – freshly minted former head coach of the Milwaukee Bucks – would be within his rights to take a few parting shots at the team’s co-owners who abruptly fired him and the fellow who lobbied for Drew’s job while his warm rump still was in the seat.

It surely would feel good, after the wringer through which he was put in a span of 72 hours last weekend, to vent in the direction of Marc Lasry and Wes Edens, the co-owners, and Jason Kidd, the Bucks’ new coach thanks to his friendship with Lasry.

Of course, that might somehow gum up the delivery of the checks Drew will continue to receive — $5 million due to him for the final two years of his coaching contract. Here at Hang Time HQ, we know fired head coaches who wound up inviting the mailmen to their daughters’ weddings, based on the friendships they struck up loitering by the mailbox each month, awaiting the checks owed them. Nothing to gain in making those a day late or a dollar short.

The fact is, Drew handled the ham-handed firing-and-hiring with the same grace he showed in enduring the Bucks’ 15-67 plunge to the NBA’s basement last season. Milwaukee swapped its “Fear The Dear” bumper stickers from a few years back for a “We Don’t Tank But We Sure Do Stank” motto en route to another seat at the lottery.

Sure, he was the coach, but injuries, flaws in a roster with 11 new faces, underperformances by the likes of O.J. Mayo, Gary Neal and Ersan Ilyasova, and Larry Sanders’ misdeeds conspired to drag down Milwaukee’s results. Besides, a few more victories would have cost the Bucks the No. 2 spot and thus Jabari Parker, their ready-to-go cornerstone draftee.

Anyway, Drew issued a statement through the Bucks Thursday and kept it classy:

THANK YOU MILWAUKEE

“I would like to thank Senator Herb Kohl and [general manager] John Hammond for giving me the opportunity to coach the Milwaukee Bucks this past season. Although my tenure was brief, it will forever be memorable.

“Thank you to all of the great Bucks fans for your love and support, you truly are some of the best fans in the NBA.

“My swift termination did come as a surprise to me, but I accept new owners Wesley Edens’ and Marc Lasry’s decision that they’ve made. I wish the entire Bucks organization and the great city of Milwaukee nothing but the best in the future.”

Bucks, Kidd move on from clumsy hiring, claim one job’s enough now


VIDEO: Kidd, Bucks discuss how decision came about

MILWAUKEE – When you’re committing the basketball future of your new $550 million toy to Jason Kidd, a fellow who dished 12,091 assists in his 19-year career, it’s no wonder that you might cop an attitude of this too shall pass.

That was the tone of Kidd’s introductory news conference Wednesday as head coach of the Milwaukee Bucks, held midday at midcourt of the BMO Harris Bradley Center. It was by the numbers – strictly “business,” a word Kidd used a few times in a “Godfather”-like way – and something to move on from as quickly as possible.

Questions were limited (one reporter counted a total of 15), follow-ups were discouraged and then it was over. No customary huddles immediately afterward for 1-on-1 interviews, TV stand-ups or idle chatter. This had the feel of a business meeting – once the CEOs were finished, the employees were expected to disperse and return to their cubicles.

Certainly, Bucks management had valid reasons for not wanting to linger too long in the moment. Kidd’s hiring (and Larry Drew‘s firing as predecessor) had been botched badly. A reported power play by Kidd in Brooklyn – the head coach with one year’s experience allegedly angling for personnel control and a lofty title, only to be rebuffed – was followed by some power flexing in Milwaukee that rewarded Kidd and the guys who hired him, despite what looks like clumsy, sneaky or pushy behavior.

Marc Lasry and Wes Edens, the Bucks’ new co-owners, sought and asked for permission to talk with Kidd about their head coaching position while they still had a head coach (Drew). Lasry’s personal relationship with Kidd predates their purchase of the franchise in April, back to his time as a Nets minority owner and work as the former All-Star point guard’s financial advisor.

Only after Lasry and Edens had decided to hire Kidd, as news of the front-office intrigue was breaking in a New York Post story, did they cut GM John Hammond into the loop. His task? Negotiate compensation with the Nets for a guy who, for all anyone knows, might have designs on his Hammond’s job too.

Things moved quickly from there: Drew was fired (taking with him $5 million owed over the next two seasons). Kidd’s departure from Brooklyn was made official. The Bucks announced his hiring. And by Wednesday, the only remaining chore was to sell it. Or at least wait impatiently for everyone to swallow.

One of the questions for the new owners was whether this was a rookie mistake in a business very different from where they made their hedge-fund billions, or an indication of a new, heavy-handed, smartest-guys-in-the-room approach to Bucks basketball decisions.

“I’m going to tell you it was very much newness,” Lasry said. “We’ve learned a lot in this process. Our view hasn’t changed from the beginning, that all the basketball operations and everything goes through John. And I think in this process we learned we made a mistake. And I think we’ve learned that pretty well.”

Lasry and Kidd, after about 15 minutes, did come back to the court to meet with media types individually or in small clusters. Still, they shed little additional light on the timeline.

Here are two possibilities: Kidd wanted power in Brooklyn, got told no, then turned to his friend Lasry for a back door. Or Kidd and Lasry had kicked around the idea of them working together in Milwaukee – the Bucks did finish 15-67, after all, so a coaching change had to cross someone‘s mind – and the eventual Hall of Famer ruffled his Nets bosses’ feathers to earn his freedom.

Lasry said he couldn’t recall which day it was last week that Kidd’s agent, Jeff Schwartz, made the first contact to gauge their interest in working with Kidd. Kidd wasn’t clear on whether he pushed so hard in Brooklyn because he knew he already had a Plan B waiting.

But they both admitted that Milwaukee considered no other coaching candidates and Kidd considered no other strategies, including mending a bridge in Brooklyn.

Instead, it was as if they wanted to sell a bridge in Brooklyn.

Kidd even disputed the alleged origins of the shenanigans, questioning countless reports that he wanted to usurp Nets GM Billy King. He even dodged a question about taking heat for that, and for chasing another coach’s job, by talking about the criticism that all coaches face for losing or having the wrong player take a game-winning shot.

Later, Kidd said: “It’s not about power. You guys [reporters] ran with that. It’s not about power. As I think [I said when] I was introduced, I’m the coach, so I’m the coach and I was the coach in Brooklyn. And I’m going to be the coach here. So it’s not about power. It’s about the guys getting better and here in Milwaukee that’s what I’m going to do.”

He is right from that standpoint.

People can wring their hands and cluck disapproval all they want over the style of Kidd’s job switcheroo, but the substance is what matters: Lasry and Edens have the guy they want on Milwaukee’s sideline and Kidd has to show that whatever he contributed to a veteran-laden team with lofty playoff hopess can translate to a rebuilding club on training wheels. The Bucks send a group, including draft prize Jabari Parker and last year’s phenom Giannis Antetokounmpo, to the Las Vegas Summer League Monday for practices in advance of the July 11 opener.

“For me, it’s about who I was as a player,” Kidd said. “My job was to make the guys around me better. I take the same approach as a coach. I want to make those 15 guys better.

“The one thing I told the guys last year, trust me and respect me. That’s what I had. I got to see a lot last year as a rookie coach. When you see the Shaun Livingstons of the world have the season he had, Alan Anderson got better, and they’re being rewarded [in free agency]. I feel like I can do the same thing here.”

Hammond praised Kidd as the ultimate “coach on the court,” the ideal for point guards. He mentioned working Doc Rivers and Mark Jackson in their playing days, before the two former NBA guards found success as head coaches without serving as assistants.

“You could see they had that ability to see the game, know the game,” Hammond said. “And you saw then, if they wanted to do it someday, they can be a coach and be a great coach. I feel exactly the same way about Jason Kidd.”

Maybe Kidd can, if he stays focused on coaching, rather than career-climbing or comparing contracts (he is believed to have a three-year deal worth $4 million to $5 million annually, putting him in Steve Kerr’s and Derek Fisher‘s neighborhood). He has left a trail of bad exits and hard feelings dating back to his college years at Cal, but he said Wednesday he hopes to find something positive even in the shaky stuff.

“When you look at my career, 19 years, I can look back at going to Dallas as a 19- [or] 20-year old,” Kidd said. “Being surrounded with talented players like Jimmy [Jackson] and Jamal [Mashburn]. High expectations. There might have been a couple of controversial things about being selfish or unselfish.

“But those are things that I can draw back from as a player and share with these players first-hand. There are going to be some growing pains, but they can always be looked upon as a learning experience and that we get better each time we take the floor.”

Then Kidd talked about the biggest lesson from his one season in Brooklyn. He and his new bosses seemed not to pick up on the irony.

“Patience,” Kidd said.


VIDEO: Kidd discusses the Bucks’ roster

Morning shootaround — June 29



VIDEO: Dwyane Wade opts out to give the Heat more salary restructuring room

NEWS OF THE MORNING
Jason Kidd out as Nets’ coach? | In with the Bucks? | Wade opts out; Bosh next? | Lakers won’t rule out Gasol return | Knicks quietly confident on Melo front

No. 1: Power play knocks out Kidd? — Seemingly out of nowhere, Jason Kidd appears to be on his way out as coach of the Brooklyn Nets. Rebuffed by the Nets’ ownership on several demands seeking more control of the club, Kidd, whose rookie season started shakily, but recovered to advance to the second round of the playoffs, could be headed to a position with the Milwaukee Bucks. Tim Bontemps of the New York Post broke the story:

According to a league source, Kidd recently approached ownership with a series of demands, including the role of overseeing the Nets’ basketball operations department in addition to his head coaching responsibilities. The source said Kidd didn’t want general manager Billy King to be dismissed, but wanted to be given a title and placed above him in the organizational hierarchy.

Ownership declined to grant Kidd that kind of power, which is rare for any coach in the league to have. The source said ownership felt Kidd wasn’t ready for that kind of responsibility after having only one year of coaching experience — the team finished his first season on the bench with a 44-38 record, good for sixth in the Eastern Conference — and allowed Kidd to seek other opportunities.

The franchise then was asked by the Bucks for permission to speak with Kidd about the prospect of hiring him, and the Nets allowed them to do so.
Bucks coach Larry Drew just completed his first season in Milwaukee after the team hired him last summer following his contract expiring with Atlanta.

Kidd did not immediately respond to a request for comment.

***

No. 2: Bucks, Nets already talking compensation for Kidd — This story moved at a blazing pace Saturday night and it appears that the Nets and Bucks are already discussing compensation to release Jason Kidd from the final three years of his original four-year, $10.5 million contract. The connection between Kidd and the Bucks? Bucks co-owner Marc Lasry is known to be close with Kidd after stints as a Nets minority owner and as his financial adviser. Lasry and Wes Edens, two New York investment firm executives, bought the team for about $550 million earlier this year. ESPN.com’s Marc Stein fills in the details:

Sources close to the situation said the Bucks and Nets already have begun discussing possible compensation to release Kidd from the final three years of his original four-year, $10.5 million contract.

“I don’t think Kidd will be back,” a source close to the process said Saturday night.

New Bucks co-owner Marc Lasry is known to be close with Kidd after stints as a Nets minority owner and as the former All-Star point guard’s financial adviser. Lasry and Wes Edens, two New York investment firm executives, bought the team for about $550 million earlier this year.

Bucks coach Larry Drew, who guided the team to an NBA-worst 15-67 record in his first season, and Milwaukee’s front office were unaware Kidd was about to potentially interview for their jobs, sources told ESPN’s Brian Windhorst.

***

No. 3: Pieces falling in place for Heat master plan — A second and third shoe dropped Saturday in the Miami Heat’s plan to retain the Big Three and re-tool around them. Dwyane Wade opted out of the final two years and $41.8 million on his contract and Udonis Haslem chose not to opt into the final year of his contract. Both players will become free agents on Tuesday. They join LeBron James in opting out and now Chris Bosh is expected to follow by Monday’s deadline. Joseph Goodman of the Miami Herald puts the moves in perspective:

Team president Pat Riley was informed that Udonis Haslem and Dwyane Wade decided to exercise the early termination option in their contracts, according to agent Henry Thomas, and the moves put into motion a plan that could retool the Heat’s roster for another run at an NBA championship.

The ultimate goal, of course, is to keep LeBron James in Miami and then add some new talent around him, Wade and Chris Bosh.

“Today we were notified of Dwyane’s intention to opt out of his contract and Udonis’ intention to not opt into his contract, making both players free agents,” Riley said in a statement. “Dwyane has been the cornerstone of our organization for over a decade, and we hope he remains a part of the Heat family for life.

“Udonis has been the heartbeat of this team for 11 years. He has sacrificed countless times to make this organization successful, and he is the epitome of what this organization stands for. We look forward to meeting with Dwyane and Udonis and their agent in the coming days to discuss our future together.”

Bosh remained undecided on his contractual future on Saturday afternoon but will soon need to inform the Heat of his decision. The deadline for opt outs is Monday, and teams and players can begin negotiating free agency on Tuesday. As Heat fans went into meltdown mode on Twitter on Saturday and conflicting reports began popping up about Bosh, the Heat’s center didn’t seem too concerned.

James Rodríguez is a beast!” Bosh wrote on Twitter after the Colombian midfielder’s goal in the first half of his team’s World Cup match against Uruguay.

Bosh said earlier this past season and again in the playoffs that he would take less money for the 2013-14 season to remain in Miami and keep the Heat’s core together. According to a report by ESPN, Bosh is seeking a new five-year contract worth between $15 million to $16 million per season. Bosh is currently on the books for more than $20 million for next season. Wade was also under contract for more than $20 million next season, and Haslem was set to be paid $4.6 million.

In the end, June 28, 2014, could be remembered as another landmark day in the history of Heat offseason roster building.

***

No. 4: Gasol a Melo magnet?Pau Gasol never felt wanted by former Lakers coach Mike D’Antoni. Feeling the love no longer seems an issue. Both the Lakers and Knicks are said to be interested in the 7-foot Spaniard’s services — sure, still as one of the top offensive centers in the game, but the Lakers think Gasol can help attract Carmelo Anthony to the purple-and-gold. Funny, the Knicks seem to think the same thing, and why not? Knicks president Phil Jackson has an excellent relationship himself with Gasol. Dave McMenamin of ESPNLosAngeles.com has more:

Although the Lakers’ ideal free agency scenario involves convincing both LeBron James and Carmelo Anthony to come play for them this summer, according to a source with knowledge of the team’s thinking, they are not ruling out the return of the four-time All-Star and two-time NBA champion Gasol by any means.

In fact, should it appear that James and Anthony are not pursuing a mutual destination as a package deal — especially with Dwyane Wade, Udonis Haslem and Chris Bosh opting out of their deals with the Miami Heat — the Lakers believe that having Gasol back on the team could be vital in their solo pursuit of Anthony.

While the last two seasons for Gasol haven’t gone anything like when he first got to L.A. and helped lead the team to three straight NBA Finals appearances, he is still considered one of the most offensively talented big men in the game when healthy. Gasol averaged 17.4 points, 9.7 rebounds and 3.4 assists last season, but missed 22 games because of a variety of injuries, including a bout with vertigo.

Coincidentally, the New York Knicks, now run by former Lakers coach Phil Jackson, also plan to go after Gasol in hopes of convincing Anthony to stay, a source told ESPN.

It remains to be seen how receptive Gasol will be to the Lakers’ pitch.

“My decision will be based purely on sporting considerations,” Gasol wrote on his personal website in February. “It couldn’t be any other way. I want to be in a team with a real chance of winning a ring and where I can help to compete for it. I would like to win another championship. The financial side comes second at this stage of my career.”

***

No. 5: Knicks like chances with Anthony — Free agency doesn’t begin until midnight Tuesday, but the New York Knicks are apparently feeling pretty decent about their chances to keep Carmelo Anthony. They feel he and new team president Phil Jackson have made a connection could have the star scorer believing what the 11-time champion as a coach is selling. Marc Berman of the New York Post brings the latest:

According to one Knicks player Carmelo Anthony spoke to recently, he gave no indication he was planning an exit strategy from New York.

The source told The Post this week one reason Anthony wants to remain in New York is he has enjoyed being in a big media market, as opposed to being in Denver.

The Post reported two weeks ago Knicks officials liked their odds of re-signing Anthony following their June 13 dinner meeting in Los Angeles in which Phil Jackson, coach Derek Fisher and general manager Steve Mills met with Anthony and his agent Leon Rose and broached the Mavericks trade.

The Post reported the organization likes its chances because of cap-space issues of Chicago and Houston. ESPN.com confirmed The Post report Saturday, saying Knicks officials were “increasingly optimistic’’ about their chances because Anthony and Jackson have “connected.’’ And now Anthony has a more consistent point guard in Jose Calderon, one of seven players Jackson added this week.

In Anthony’s words, nothing is official until a deal is “signed, sealed and delivered,” and Tuesday he dips his toe into the free-agent waters for the first time in his NBA career — something he has said since October he wanted to experience.

Anthony has planned visits to Chicago, Houston, Dallas and Los Angeles, where he has an apartment and the Lakers have cap space. There’s no plans on visiting Miami yet, but Heat president Pat Riley has called the Big Four scenario a “pipe dream” — even though of the current Big Three, LeBron James and Dwyane Wade have opted out, and reportedly Chris Bosh will do the same.

***

SOME RANDOM HEADLINES: Teams wanting to set up a meeting with LeBron James have been unsuccessful … Rockets decline fourth-year option for Chandler Parsons, making him a restricted free agent … Wizards expect to bring back veteran point guard Andre Miller … League interested in pushing Draft back to July.