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kingj41

  • joined May 07, 2008
  • last login Jul 24, 2014
  • posts 8
  • comments 1524
User Blog

Did the Bulls do this too? Is this how they paid the tax?

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The NBA's Board of Governors voted to compensate the Thunder for the additional salary Kevin Durant is receiving as a result of the "Derrick Rose rule" in the latest collective bargaining agreement, Grantland's Zach Lowe reports. The vote, which was not unanimous, followed a protest from Oklahoma City's brass over the adjustment that allowed Durant to receive a starting salary worth 30% of the salary cap in 2011/12 instead of 25%, Lowe tweets. Durant received more than $15.5MM in the first season of the five-year extension to his rookie-scale contract. Without the benefit of the Rose rule, he only would have made about $12.9MM. The original value of the deal was approximately $75MM over five years, but that figure jumped to more than $89MM with the rule change. The Thunder will now receive the difference from the league. It's unclear whether Durant's cap figure will be reduced, Lowe adds, though the extra $14MM or so could persuade the team to dip into the tax this season to sign free agent target Mike Miller or another player. More here.

FanPost
69

should Bulls look into KG?

Celtics move Doc. NBA view makes it less likely for Garnett to follow same path? One source with knowledge of the NBA's thinking told ESPN.com that the league does not intend to change its stance...

Izzy G at ESPN

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Belinelli did a $15,000 dance after hitting a big shot in Game 7 against the Nets, but in reality he was describing his entire team in that one gesture.

http://espn.go.com/nba/playoffs/2013/story/_/id/9249677/nba-playoffs-2013-chicago-bulls-amazing-run-goes-game-1-miami-heat

How's Jersey Looking Dwight?

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Mikhail Prokhorov promises to sell the Nets if he runs Russia -via Ball Don't Lie

Paul Westphal fired by Kings

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The Sacramento Kings fired coach Paul Westphal Thursday, hours after the team suffered a 27-point loss to the Denver Nuggets and just four days after the coach openly feuded with center DeMarcus Cousins. "The overall performance level of the team has not approached what we felt was reasonable to expect," Petrie said. Players will always rule the NBA

After signing Ramon Sessions to a four-year, $16 million contract a year ago, Minnesota...

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After signing Ramon Sessions to a four-year, $16 million contract a year ago, Minnesota Timberwolves general manager David Kahn is trying to unload the guard to teams able to absorb his salary, league executives told Yahoo! Sports. "They’re basically looking for a salary dump," said an executive with a team who spoke to Minnesota. "That won’t be easy."

Woj

Some Sense from Simmons

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A good write-up on the upcoming off-season and pending labor (dis)agreement and how the fans are screwed either way. I usually temper my digestion of Simmons 'stuff', but this is exactly how I feel about the situation.

Great Luxury Tax Summary

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Sham breaks down the Luxury Tax in a really good read. "So, if you want to team to cross over into tax territory in order to make your desired transaction, ask yourself if it's worth both the extra tax payments and the loss of that rebate to the owners. Because it probably isn't."

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