HoopsHype Owners rumors

October 9, 2014 Updates

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
October 6, 2014 Updates

The N.B.A. will receive $24 billion over nine years in deals the league has renewed with ESPN and TNT through the 2024-25 season, according to an executive briefed on the details of the contracts but not authorized to speak publicly. The deals, which will be announced Monday, represent a near-tripling of the annual average rights fees that ESPN and TNT have been paying in contracts that will end after the 2015-16 season. New York Times

The NBA has re-upped with ESPN and TNT on a new nine-year television contract, two people with knowledge of the situation confirmed to USA TODAY Sports. The people spoke on the condition of anonymity because the terms of the deal had not been announced. USA Today Sports

September 29, 2014 Updates
September 24, 2014 Updates
September 23, 2014 Updates

After the Los Angeles Clippers sold for $2 billion this year, the question begged to be asked: Have the Boston Celtics fielded any interest from potential suitors? Yes. Tuesday. “I was just on the phone with somebody who wanted to try to buy the Celtics five minutes ago,” co-owner Wyc Grousbeck said Tuesday morning before teeing it off in the seventh annual Shamrock Foundation golf tournament at Dedham Country and Polo Club. “But it was a quick conversation because the team’s not for sale.” Booth Newspapers

Grousbeck also addressed the controversies happening across professional sports. The NFL has experienced issues with domestic violence and reports of a serious cover-up, while Donald Sterling and certain high-profile members of the Atlanta Hawks organization have levied racist remarks that later became public. “It reminds me that we have a job here as a pro team to sort of set an example,” Grousbeck said. “And maybe even a higher standard just because kids look up to us, and we’re trying to set those examples every day. So it reminds us all, I think, in pro sports that we’ve got to use our positions wisely and finish everything through. We just finished all of our sensitivity, diversity, anti-harassment training – a serious training – early spring this year, right before the Donald Sterling thing all came out. We do that every year, but we’re going to have to stay on our guard and make sure we do the best they can.” Booth Newspapers

September 20, 2014 Updates
September 18, 2014 Updates

The guy who's been hailed as a BEST commissioner is throwing his SUPPORT behind the guy who's being trashed as the WORST ... with Adam Silver telling TMZ Sports he believes Roger Goodell is still doing "great" at his job. We spoke with the NBA Commish in NYC Wednesday -- nearly 5 months after he was praised for his handling of the Donald Sterling situation -- and asked him how he felt about the way Goodell is handling all of the scandals in the NFL. "He's doing the best he can under difficult circumstances," Silver said ... "He's been a great commissioner so far and he'll work his way through these issues." TMZ.com

September 17, 2014 Updates

Within the past year, Atlanta Hawks co-owner Michael Gearon Jr. approached fellow co-owner Bruce Levenson about selling the franchise, two people familiar with the situation told USA TODAY Sports. Levenson wasn't interested in selling but is going to do that now, and with NBA now in a seller's market, Gearon will be in position to cash in on his investment — despite financials losses in the past decade. Gearon understands that if he wants to capitalize, he needs to sell more than just his stake. The Hawks are worth more when a majority of the team is sold. So for the second time in the past few months, an ownership group mired in a controversy over the use of racial language could stand to make a significant amount of money selling the team. In the case of the Hawks, how they got here is a decade of poor judgment, mismanagement and a power play among owners. USA Today Sports

Ferry wasn't fired but was issued a significant fine, two people told USA TODAY Sports, but even with that punishment and two apologetic statements, Ferry announced late last week he was taking an indefinite leave of absence. Ferry made a serious mistake when he uttered racially insensitive comments about Deng, even if they were from a report provided a former front-office executive from another team. In interviews with multiple people who have ties to Levenson, Gearon and Ferry, an unflattering depiction of Hawks management, including ownership, has emerged. USA Today Sports

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