The basketball side of the Nets’ business is projected to have lost $144 million over the 2013-14 season, according to a confidential memo the league sent to all 30 teams in early June. (Grantland has reviewed and verified the memo with a half dozen sources.) If that strikes you as out of whack, that’s because it is. The NBA expects nine teams will end up having lost money once luxury-tax distribution and revenue-sharing payments are finalized. The Nets, with that monster $144 million figure, are the biggest losers. Next in line? The Wizards, with projected losses of about $13 million. That’s right: The Nets lost $131 million more than any other NBA team last season.
Westbrook Notches Triple-Double as OKC Gets Win
It appeared a fitting beginning to Carmelo Anthony’s next chapter, a 3-pointer on his first possession with the Thunder, playing against his former team. Then he missed his next seven shots.
Like the rest of the Thunder, it was a slow burn as Anthony revved up in the second quarter and into the third, scoring 22 on 8-of-20 shooting in a 105-84 win over the Knicks on opening night. In their first regular-season game, there were some rough patches for the Thunder’s new big three, with Paul George missing a number of open looks and Anthony going cold at times, but in the end, talent prevailed. George finished with 28 on 9-of-23 shooting, and Russell Westbrook picked right up where he left off in his historic MVP season notching the first triple-double of this season with 21 points, 10 rebounds and 16 assists.
Source: Royce Young of ESPN
LeBron Vows to Improve his Conditioning
LeBron James says his left ankle feels strong enough to play in Friday’s game against the Milwaukee Bucks. It’s the rest of his body that needs work.
“I just want to get to where I should be,” James said after participating in the Cleveland Cavaliers’ practice Thursday. “The ankle and the foot injury just kind of kept me out and set me back further than I would like, but I got some time now along the course of these games that we got. We got two back-to-backs coming up, so that’s going to help and we have some opportunity to get some practice time in as well.”
Source: Dave McMenamin of ESPN