Jerry Krause: Phil Jackson took Knicks job for the money

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But did Krause think it would be this tough? You know, 10-43 tough with the winning percentage actually expected to plunge over the final 29 games? “I’m not surprised at all,” Krause said by phone Wednesday night. “I knew Phil had a bad ballclub. If [James] Dolan offered him $2 million a year or even $5 million, he wouldn’t have taken it. But $12 million is overwhelming. Phil didn’t take the job because he thought he had a playoff club. He took the job for the money.”

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August 3, 2015 | 8:54 pm EDT Update
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The Knicks drafted Kristaps Porzingis, a guy who is a couple years away from being able to help you win night in and night out. Then there’s Carmelo Anthony, who is 31 and here for another four years. How does he fit in because it seems like they are looking at a future that might not fit within his window? Walt Frazier: I’m sure Melo wasn’t happy. His future is now. You know, he’s not getting younger. This is going to be a pivotal season for him to see really how he fits into the Knick plans and how this is going to go from here. Will he ask out, you know what I mean, if he sees that this is not happening? Because right now the Knicks, [it’s] going to be tough to make the playoffs. They are a few years away and Melo knows that his days are numbered, so stay tuned.
via ESPN.com
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In a philosophical interview with il Fatto Quotidiano, an Italian newspaper, Andrea Bargnani said that he turned down other, higher paying jobs in the NBA because he has something to prove with the Nets. “I would have done it for free because the money at this time does not matter,” said Bargnani who’s made $72 millin in his NBA career … and who’s made some profitable investments in Italy. After two years with the Knicks –and what he has called “crazy bad luck” — Bargnani said he wanted to start over … in New York. He said he wants to forget the injuries that limited him to 71 games in two years.
via NetsDaily
Green, who has averaged 11.7 points and 5.5 rebounds a game in three NBA seasons, was rewarded with a five-year, $82 million deal this July, but he isn’t ready to rest on his prior accomplishments just yet. “My story, it just never happens. Everything has worked out and nothing ever happens that way,” he said. “But I’m blessed and I’m thankful and I don’t take it for granted one bit. “You figure out different ways to score and you figure out how to get rebounds. You figure out so many different things over the years and hopefully and I can figure out more and more.”
via Holland Sentinel
August 3, 2015 | 6:12 pm EDT Update
August 3, 2015 | 5:09 pm EDT Update
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It’s an odd time for Smith to escape to the Pacific. Expectations are that he’ll return to the Cavaliers next season, but he has been without an NBA contract since June when he opted out with one year and $6.4 million left on his deal. “I just want to be somewhere I can make a difference,” Smith said. “I don’t want to be somewhere I can’t have an affect on the team.” He had a strong impact on Cleveland last season when he was traded to the team in January. The Cavs were 19-16 when he joined the team and finished the season on a 34-13 run, reaching the NBA Finals.
via Guam Pacific Daily News
The Milwaukee Bucks will be ready to unveil design plans for the new downtown arena by the end of August, team president Peter Feigin said. Feigin made the comment Sunday on “UpFront With Mike Gousha” on WISN-TV (Channel 12). Feigin did not give any details and Monday referred the Milwaukee Business Journal to Bucks spokesman Jake Suski. The Bucks have no specific date for the arena design unveiling, Suski said. The Bucks debuted a conceptual design on April 8 of the proposed arena exterior and an adjacent public plaza and “live block” for outdoor events. “We hope to be able to share more details of our owners’ vision and this transformative public-private partnership in the coming weeks,” Suski said.
via Business News
The Bucks hired Populous of Kansas City, Mo., to lead the design and architecture team that also includes Eppstein Uhen Architects of Milwaukee and HNTB Corp., also of Kansas City. Feigin also said the Bucks have been contacted by local and regional real estate developers interested in the Park East corridor just north of the new arena. The Bucks are near finalizing a transaction with Milwaukee County to buy about 10 acres in the corridor for $1 and have proposed a new team practice facility and mixed-use development there.
via Business News
August 3, 2015 | 3:24 pm EDT Update
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A group of 17 investors recently raised $2 million to buy and revamp the magazine, giving new life to a publication that had lost much of its sheen. The goal: turn the glossy magazine into a media empire. Tiger Beat’s new backers include the banker and entrepreneur Mark Patricof; the television host and comedian Nick Cannon; the basketball star Kevin Durant; Steve Tisch, a film producer and the chairman and executive vice president of the New York Giants; and The Daily Mail.
via New York Times
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