HoopsHype Owners rumors

October 22, 2014 Updates
October 21, 2014 Updates

Brooklyn Nets minority owner Bruce Ratner is putting his majority share of Barclays Center on the market. "Our goal is to identify a strategic partner as we continue to capitalize on the great performance of Barclays Center and the promise of Nassau Coliseum," Barclays Center spokesman Barry Baum said in a statement. "The current management team [Ratner and Barclays Center CEO Brett Yormark] will continue in its existing role." ESPN.com

October 20, 2014 Updates

Former Hawks player Dikembe Mutombo has met with a group of investors about joining their bid to buy the Atlanta Hawks. The group, which is made up in part of Atlanta businessmen, has begun the preliminary work to get involved in the process. Talks are ongoing. The group may also consist of other former NBA players. They hope to meet with the NBA commissioner’s office in the near future. Atlanta Journal-Constitution

The party Civil Platform intends to return to active politics and businessman Mikhail Prokhorov may head it again, Rifat Shaikhutdinov, chairman of the party's federal political committee, said in an interview published in Monday's edition of Izvestia. "Yes, he could do it any moment," Shaikhutdinov said, responding to a question as to whether Prokhorov may lead the party again. "But I think a decision on this matter will be made in 2016, when we understand how we will run in the State Duma elections. We are now thinking about it and we are experimenting with various forms," he said. Russia Beyond The Headlines

October 14, 2014 Updates
October 12, 2014 Updates
October 9, 2014 Updates

The other part is while smoothing, by way of a lump sum payment is a neat and clean way for the NBA to deal with a new influx of cash with a huge jump in the salary cap, how the Player’s Association would distribute those funds becomes unclear as well. They could simply issue an equal installment to every player, or devise some sort of formula to issue monies based on some criteria like percentage of cap. One league source suggested that a lump sum payment could be, at least in part, held back as a war chest of sorts for what’s expected to be a labor fight in 2017, when the players are expected to opt out of the current CBA. Basketball Insiders

With new leadership in place on the player’s side it will be interesting to see if new Executive Director Michele Roberts uses this opportunity to buy some good will among the rank and file, by way of a nice lump sum check to every player, rather than fighting a smoothing plan and letting the 140 or so players headed to free agency absorb the gains from the new TV deal. This is issue is far from decided, so there will clearly be more to know in the coming weeks, however team sources say they are not planning for a massive cap increase in 2016, so that’s at least one indicator that something on the smoothing front could be agreed to. Basketball Insiders

October 8, 2014 Updates
October 7, 2014 Updates

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