NBA Rumor: Jarrett Allen Trade?

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There’s been a lot of trade rumors involving the Nets recently, as I mentioned. I know you can’t discuss those specific rumors or the players in question, but just in general, do you pay attention to trade rumors? Some players read all of them, while others block them out entirely. What’s your approach to trade rumors? Allen: “I hear about them. It’s hard not to hear about them in this technological age with social media. But at that point, it’s like, what can you do about it? I’m not really focused on it. Either way, I’m going to have to play basketball and I’m just…like I said, it’s in the back of my mind.” Have you had any conversations with the Nets about the trade rumors or your status? Allen: “No. No, I haven’t.”

The downside of being a valuable player is becoming a valuable trade chip, with the young center aware his name is being linked in trade rumors for James Harden. “At the end of the day I’m still going to be playing basketball. Whenever I go into the gym, and whatever happens, I’m there, I’m present,” said Allen, 22. “I’m ready to play for the Nets, I’m ready to learn from everybody there and just go about my stuff and just stay grounded as much as I can.”

Schiffer: Gobert fits a lot of their needs, especially defensively and would make for an interesting addition. I could see the Nets sending Allen to Utah if a trade were to take place between those two teams. To me, Allen’s future with the organization has gotten really interesting in light of Atkinson’s departure, which was tied to Jordan coming off the bench. Allen is eligible for an extension this summer and I think it would hurt the Nets if they don’t keep him, unless they make a trade for a player such as Gobert. What do you think of his situation in light of recent developments?

Irving implied as much himself, when he bluntly stated the franchise will have to add more in the summer if it hopes to contend. The Nets have more trade assets than most teams, including Dinwiddie and Jarrett Allen, but LeVert might be the most prized chip of them all. “He’s got three years guaranteed at $17 million; that’s a high-value contract for him, locking into that contract when you’ve had that many injuries at Michigan,” said ESPN cap guru Bobby Marks, who is a former Nets assistant GM. “Yeah, that’s a good number as far as if you’re looking at a team. That’s not a dead-weight contract.” Now Nets GM Sean Marks must decide if it’s too high-value to trade, if the young wing’s torrid form before the season got shut down due to the coronavirus pandemic is sustainable.
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January 24, 2021 | 6:17 am EST Update

NBA players want equity in teams

Speaking at a SporticoLive event on Tuesday, Roberts said that while players share in the passion for the game, and in the responsibility of growing the NBA’s multi-billion-dollar enterprise, “what we don’t share is having an equity stake in the teams.” “We’ve got a collective bargaining agreement that says we can’t [own stakes], and hopefully down the road we’ll make some changes,” she said. “The players will be the last to suggest that we want to see the game’s value, or teams’ values, in any way diminish, but it sure would be nice to be able to go to the party.”
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The league is also making changes to make it easier to attract minority investors. Last year it greenlit Dyal Homecourt to raise money for a fund that could invest in multiple teams. Now it’s discussing an expansion of that program, where other institutional investors could gain the same right. “If [private equity investment] happens,” Roberts said, “I will have players complain bitterly that, ‘Wow, we helped create this wealth, we helped create this value, and some private equity guy can come in and I can’t?’”
One suggestion: Instead of giving equity to players themselves, give it to the union. That wouldn’t necessarily result in checks to individual athletes, but it would give the NBPA more resources to support players and their communities. Another suggestion: a structure similar to employee stock options, which are common in other some businesses. “There’s a way, in other words, for players to enjoy equity in these teams that may be non-traditional,” Roberts said. “It may be a little different from the way we do it on the private side, but I still think there’s an opportunity for us to talk about, think about and ultimately resolve what I believe to be an inequity in the system.”